Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Scenic Santa Fe Riverfront Land Title is generated by Realmo AI

    NE 28th Ave, Branford, FL 32008

    View on Map
    Claim this Listing
    For Sale
    $135,000

    LAND - Branford, FL

    Lot size:
    5.60 Acres
    Added:
    Apr 10, 2026
    Days on Market:
    44
    Last Refresh:
    May 23 at 12:06 am

    Property Features for NE 28th Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    12-07-15-0205-0000-0010
    Lot size
    5.60 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    LOT 1 SANTA FE LANDING SUBD CONT 5.6 AC 199/546 201221000665 201221001832 202421001524
    Tax Annual Amount
    1091

    Utilities

    Water front
    1

    We can help!

    Listing Contact
    Dewey Hatcher
    Dewey Hatcher

    Listing agent Dewey Hatcher License #3020046

    Listing office Hatcher Realty Services, Inc. Steinhatchee 1402 Riverside Dr SE, Cross City, FL

    Listing date Apr 10, 2026

    MLS# 798992 Listing URL

    Copyright © 2026 Dixie-Gilchrist-Levy Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Direct Santa Fe River frontage
    • Large 5.6‑acre tract
    • Build your dream custom home or recreational retreat
    • Surrounded by nature and abundant wildlife
    • Opportunity to purchase adjacent tract for expansion
    • Private and peaceful riverfront living

    Overview

    This 5.6-acre tract is located on the Santa Fe River. The property is surrounded by nature and wildlife. It offers opportunities to build a riverfront home or create a recreational retreat. The neighboring tract is also available for purchase, offering the potential to expand and create a larger private area. The property provides direct access to the water and outdoor activities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Branford
    County
    Suwannee
    State
    Florida
    Longitude
    -82.762007
    Latitude
    29.89497

    Nearby Similar for Sale

    • $345,900
      728 SF

      Cypress House on 10 Acres

      Farmhouse on nearly 10 acres with pasture and irrigation.
      9639 NE 13th CT, Branford, FL 32008
      View Details
    • $165,000

      Versatile Vacant Lot in Branford

      One-acre lot in Branford, suitable for residential or commercial use.
      SW Houston Ave, Branford, FL 32008
      View Details
    • $165,000
      5,705 SF

      Branford Mixed-Use Redevelopment Opportunity

      Historic mixed-use building in downtown Branford, ready for redevelopment.
      204 Suwannee Ave, Branford, FL 32008
      View Details
    • $749,000

      Santa Fe Riverfront Land

      1.86 acre riverfront property with dock and utilities.
      28484 29th Lp, Branford, FL 32008
      View Details
    • $250,000

      Cleared Land in Gilchrist County

      18 acres of cleared land ready for your future home.
      18 AC NW County Road 138, Branford, FL 32008
      View Details
    • $180,000

      Branford Land: 20 Acres Countryside

      20 acres of North Florida countryside, ideal for custom home.
      TBD 000 NE 998th Ave, Branford, FL 32008
      View Details
    • $275,000

      Santa Fe Riverfront Land

      0.86-acre vacant lot on the Santa Fe River.
      NE 108th Pl, Branford, FL 32008
      View Details
    • $55,000

      Buildable Lot Near Three Rivers

      Buildable lot near rivers with access to parks and boat ramps.
      Tbd 292ND ST, BRANFORD, FL 32008
      View Details
    • $145,000

      Commercial Land Near Branford, FL

      3-acre commercial lot with high visibility and easy access.
      TBD HWY 27, Branford, FL 32008
      View Details
    • $250,000

      Branford, FL Riverfront Land

      10.5 acres of riverfront land on the Santa Fe River.
      NE 28th Ave, Branford, FL 32008
      View Details
    • $775,000

      59 Acres on Suwannee River

      59-acre tract on the Suwannee River in Branford, Florida.
      625 NE Holly Rd, Branford, FL 32008
      View Details
    • $147,800

      Cleared Land Ready for Homestead

      12.6 acres of cleared land ideal for farming.
      TBD 000 NW 7th Ter, Branford, FL 32008
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - 5.6-acre riverfront land perfect for a dream home or retreat.
    Where is this waterfront land located?
    The property is located at NE 28th Ave Branford, FL.
    What is the asking price?
    The asking price for this property is $135,000.
    What are key features of this property?
    This property features: Direct Santa Fe River frontage; Large 5.6‑acre tract; Build your dream custom home or recreational retreat
    (352) 498-5151
    We can help!
    Listing Contact
    Dewey Hatcher
    Dewey Hatcher
    Real Estate License ID: 3020046
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    NE 28th Ave, Branford, FL 32008
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!