Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land in Growing Steinhatchee Community Title is generated by Realmo AI

    SW 877th St, Steinhatchee, FL 32359

    View on Map
    Claim this Listing
    For Sale
    $40,000

    LAND - Steinhatchee, FL

    Lot size:
    0.10 Acres
    Added:
    Jun 21, 2024
    Days on Market:
    703
    Last Refresh:
    May 24 at 4:06 pm

    Property Features for SW 877th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    25-09-09-0041-0000-0130
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    25 9 9 LOT 13 RIVER SHORES AT JENA S/D ORB 332 P 124 P 392 ORB 405 P 490 ORB 435 P 64 ORB 441 P 702 ORB 442 P 411 ORB 471 P 12 ORB 525 P 606(PROBATE) ORB 623 P 370(PERSONAL REP-NADIIA)(PROBATE CASE #18PB00090) ORB 623 P 380 ORB 623 P 382
    Tax Annual Amount
    133

    We can help!

    Listing Contact
    Gabrielle Davis
    Gabrielle Davis

    Listing agent Gabrielle Davis License #3521065

    Listing office eXp Realty LLC 10752 Deerwood Park Blvd Suite 100, Siesta Key, FL

    Listing date Jun 21, 2024

    MLS# 790926 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

    • River access with future dock installations planned, ideal for fishermen and boaters.
    • Located in a growing community in Steinhatchee, FL, perfect for a vacation home.
    • Ample parking space for boat trailers and golf carts.
    • Short golf cart ride to local restaurants, marinas, and a public boat ramp.
    • Partial river views from the property.
    • Planned community pool and minimal HOA fees.

    Overview

    Located in Steinhatchee, FL, this 0.103-acre lot is situated within a developing community and offers the opportunity to construct a vacation home. Partial river views are available, and planned community access across the street includes future dock installations intended for fishermen and boaters. A large gravel area accommodates parking for boat trailers and golf carts. The community has plans for a future pool and minimal HOA fees. Local restaurants, marinas, and a public boat ramp are accessible via a short golf cart ride.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Steinhatchee
    County
    Taylor
    State
    Florida
    Longitude
    -83.3311
    Latitude
    29.6015

    Nearby Similar for Sale

    • $899,000

      Riverside Drive Land Opportunity

      Prime Steinhatchee location with development potential and existing utilities.
      707 SE Riverside Dr, Steinhatchee, FL 32359
      View Details
    • $499,000

      Steinhatchee, FL Development Opportunity

      Prime land parcels near marinas in Steinhatchee, Florida.
      403 SE First Ave, Steinhatchee, FL 32359
      View Details
    • $139,000

      RV Ready Lot in Steinhatchee

      Well-equipped lot near Steinhatchee River with income potential.
      8 NE Fourth Ave, Steinhatchee, FL 32359
      View Details
    • $120,000

      Land in Coastal Steinhatchee, FL

      Over an acre near Steinhatchee River, ideal for recreation.
      Kings Creek Cir, Steinhatchee, FL 32359
      View Details
    • $325,000

      Waterfront Land in Steinhatchee Resort

      Vacant lot with boat slip in Steinhatchee Landing Resort.
      140 Ryland Cir, Steinhatchee, FL 32359
      View Details
    • $144,900

      Versatile Land Near Steinhatchee Hotspots

      Land with pole barn, RV hookups, and cracker-style house.
      1014 NE First Ave, Steinhatchee, FL 32359
      View Details
    • $1,375,000

      Coastal Development Land Opportunity

      3.03 acre parcel for coastal development with stunning views.
      327 NW Second Ave, Steinhatchee, FL 32359
      View Details
    • $119,900

      Income-Generating Steinhatchee RV Lot

      Fully fenced RV lot with income potential in Steinhatchee, Florida.
      507 4TH STREET NW, STEINHATCHEE, FL 32359
      View Details
    • $225,000

      Two-Acre Property in Steinhatchee

      Two-acre property with workshop, well, and city utility access.
      6 NE Thirteenth St, Steinhatchee, FL 32359
      View Details
    • $475,000

      Waterfront Lot in Gulf Breeze

      Build your dream coastal home in Steinhatchee's Gulf Breeze.
      NW Second Ave, Steinhatchee, FL 32359
      View Details
    • $475,000

      Waterfront Lot in Gulf Breeze

      Build your dream coastal home in Steinhatchee's Gulf Breeze.
      NW Second Ave, Steinhatchee, FL 32359
      View Details
    • $279,900

      Marsh-Front Property in Steinhatchee, FL

      Coastal living with RV hookups and marsh views.
      105 SE Seventh St, Steinhatchee, FL 32359
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Land with river access, perfect for building a vacation home.
    Where is this residential land & home lot located?
    The property is located at SW 877th St Steinhatchee, FL.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: River access with future dock installations planned, ideal for fishermen and boaters.; Located in a growing community in Steinhatchee, FL, perfect for a vacation home.; Ample parking space for boat trailers and golf carts.
    (352) 262-4595
    We can help!
    Listing Contact
    Gabrielle Davis
    Gabrielle Davis
    Real Estate License ID: 3521065
    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
    SW 877th St, Steinhatchee, FL 32359
    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!