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$290,000

For Sale - Active
1250 Naples Ave, Clewiston, FL 33440
1 Bed
1 Bath
900 Square Feet
2.50 Acres Lot
Built in 2008
For Sale - Active
Units n/a
Checked: 17 hours ago
Updated: May 27, 2025 at 04:10AM

Investment Summary


Monthly Cash Flow
-$477
Cap Rate
4.2%
Cash-on-Cash Return
-8.6%
Debt Coverage Ratio
0.68
Internal Rate of Return (5 years)
-4.3%

Property Description


2.50 Acres Lot
Built in 2008
For Sale - Active
Units n/a

Escape to your own private retreat! This charming 1-bedroom, 1-bath elevated home sits on 2.5 acres of cleared land in the heart of Pioneer Plantation. Built in 2008, this well maintained property features a metal roof, wood siding, spacious layout, and peaceful surroundings, perfect for those seeking quiet country living or a weekend getaway. The interior includes a large open kitchen with modern tile flooring and natural wood ceilings, offering warmth and character. Zoned residential rural (RR) with plenty of space for animals, equipment, or future expansion. No HOA. Whether you’re looking to live off the grid, start a homestead, or simply enjoy wide open space, this is it!

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Location


Property Details


Parking

  • Details: Other
  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 1

Bathroom Information

  • # of Baths (Full): 1
  • # of Baths (Partial): 0
  • # of Baths (Total): 1.0

Interior Features

  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Other
  • Foundation: Raised
  • Roof Type: Gable or Hip
  • Roof Material: Metal

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 1314327010000O004.0
  • Lot Size: 108900 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Detached, OneStory
  • Year Built: 2008

Tax Information

  • Annual Tax: $2,791

Utilities

  • Water & Sewer: Other
  • Heating: Central
  • Cooling: Other

Location

  • County: Hendry

Listing Details


Listed by:
Jhoanna Garcia
United Real Estate Miami
(786) 443-6449

Source:
MIAMI REALTORS MLS
MLS#: A11780293
MIAMI REALTORS MLS

Investment Summary


Monthly Cash Flow
-$477
Cap Rate
4.2%
Cash-on-Cash Return
-8.6%
Debt Coverage Ratio
0.68
Internal Rate of Return (5 years)
-4.3%

Purchase Details

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Purchase price:
$290,000
Amount financed:
-$232,000
Down payment:
$58,000
Closing costs:
$8,700
Rehab costs:
$0
Initial cash invested:
$66,700
Square feet:
900
Cost per square foot:
$322
Monthly rent per square foot:
$2.00

Financing Details

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Loan amount:
$232,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$1,486
Property tax:
$233
Insurance:
$126
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,845

Operating Income

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% Rent Monthly Yearly
Gross rent:
$1,800 $21,600
Vacancy loss: (6%)
6% -$108 -$1,296
Operating income:
$1,692 $20,304

Operating Expenses


% Rent Monthly Yearly
Property taxes: (13%)
13%-$233-$2,791
Insurance: (7%)
7%-$126-$1,512
Property management: (8%)
8%-$144-$1,728
Repairs & maintenance: (5%)
5%-$90-$1,080
Capital expenditures: (5%)
5%-$90-$1,080
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (38%)
38%-$683-$8,191

Cash Flow


Monthly Yearly
Net operating income:
$1,009 $12,108
Mortgage payments:
-$1,486 -$17,832
Cash flow:
$477 $5,724