Investment signal

$30,000

0 Point Verde

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Beds

Baths

Sqft

Year

Type

Vacant Land

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Placentia - St. Mary's. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Wake up to breathtaking ocean views and endless coastal charm in beautiful Point Verde! On a clear day, you can see all the way to Red Island — the perfect backdrop for your future dream home. This stunning parcel offers more than just a place to build… it’s a lifestyle. Picture yourself relaxing on your patio, coffee in hand, watching fishing boats drift by and taking in the fresh ocean air. With the potential to subdivide into two large lots, this property is ideal for building your dream home, creating a family retreat, or making a smart investment opportunity. Peaceful, scenic, and full of possibilities — this is coastal living at its finest. Located in Point Verde. contact the listing agent for directions. (id:65958)

Subtype
Vacant Land
Common interest
Freehold
Lot dimensions
200x150
On market
May 2, 2025
Status changed
Apr 27, 2026
Annual tax
$0
Zoning
Residential
Photos
1
MLS#
1284502
Area
PLACENTIA_-_ST._MARY'S
Positive cash flow ~$2,027/mo at these assumptions

Cash on cash

405.43%

Cap rate

85.95%

GRM

1.0

Break-even rent

$266

Financing

Down payment$6,000
Loan amount$24,000
Mortgage$122/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$14
Insurance$80
Maintenance$25
CapEx reserve$13
Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $122/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.

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