MarketTimeline.com
MT
MarketTimeline
.com
⌘K
Methodology Top Markets
Public Record 79M+ records · 27M+ properties All 50 states Methodology

164 Formosa Island Rd

Leesburg, FL 34788

2 bd 2 ba 960 sqft Built 1982 mobile
Most recent sale
$60,000
Aug 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 30, 2022 Sold $60,000 MLS #11080224
Jun 8, 2022 Price changed $64,000 MLS #11080224
May 26, 2022 Listed $78,900 MLS #11080224

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
1982
Property type
mobile
Stories
—
Beds
2
Baths
2
Living area
960 sqft
Lot size
—
ZIP code
34788
City
Leesburg
Street
Formosa Island Rd
Coordinates
28.86040, -81.75253

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months
161 Formosa Island Rd
2bd 1,272sqft
No recent sale on file

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$360
@ $1.85/sqft state avg
Gross rental yield
7.20%
annual rent / last sale
Implied cap rate
4.68%
net of est. 35% expenses
Trend-extrapolated value
—
if ZIP trend held since sale

Frequently asked questions

When did 164 Formosa Island Rd last sell?
164 Formosa Island Rd most recently sold on Aug 30, 2022 for $60,000.
What is the current tax assessment for 164 Formosa Island Rd?
No tax-assessment history is recorded for this parcel.
When was 164 Formosa Island Rd built?
164 Formosa Island Rd was built in 1982.
How does 164 Formosa Island Rd compare to others on Formosa Island Rd?
We track 6 other properties on Formosa Island Rd. Browse the list under "Other properties on Formosa Island Rd" to compare beds, baths, and sale history.
What are the property facts for 164 Formosa Island Rd?
164 Formosa Island Rd is a 2 bed, 2 bath, 960 sqft mobile.
Is 164 Formosa Island Rd a flip candidate?
No — 164 Formosa Island Rd does not appear in our flips dataset.
Is 164 Formosa Island Rd a tax-appeal candidate?
No — 164 Formosa Island Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.7%
avg per quarter
Implied 1-yr
-10.8%
if trend continues
2026 Q3
$223.7K
range $87.4K – $360.1K
2026 Q4
$216.4K
range $87.1K – $352.7K
ZIP 34788 — Median Price History + Forecast
Linear regression on last 12 quarters of weighted-median sale price. Confidence band ±$136.4K. This is a ZIP-area forecast used as a neighborhood proxy — not a per-property automated valuation.

Explore nearby

Geography
Other properties on Formosa Island Rd