OFF_MARKETRisky Deal8 days on market

11518 Lake Lucaya Dr

11518 Lake Lucaya Dr, Riverview, FL 33579, Riverview, FL 33579
$565,000
Zestimate®:$550,300

Listing Price

Property image 1
11518 Lake Lucaya Dr, Riverview, FL 33579
Loc: Riverview, FL
Days Listed
8
Tax Assessed
$492k
Zestimate®
$550k
Market Rate
Lot Size
9,182 sqft
Rent Estimate
$3,374/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

5

Collins PreK-8 School

PK-8
0.7 mi away
6

Riverview High School

9-12
2.1 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
4.06%
Total ROI
47.2%
Cash Flow
$-1,018/mo
DSCR
0.65
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-05-04Sold$549,900$229
2026-04-04Pending sale$549,900$229
2026-03-30Price change$549,900$229
2026-02-17Listed for sale$565,000$235
2020-06-08Sold$400,000$167
2020-01-17Pending sale$409,900$171
2019-12-04Listed for sale$409,900$171
2017-07-03Sold$310,000$129
2016-12-12Sold$80,080$33
2016-09-14Sold$306,655$128

Tax History

YearProperty TaxTax Assessment
2025$11,074.33$419,503
2024$10,294.66$407,680
2023$10,067.31$395,806
2022$9,817.91$384,278
2021$9,285.8$373,085
2020$7,963.69$321,503
2019$7,525.94$303,076
2018$7,525.94$266,298
2017$6,818.23$76,026
2016$4,180.9$9,182
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
4
Sq Ft
2,400
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $565,000Rent Basis: Observed Comp Model ($3,374/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $283/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.06%

NOI: $22,959/yr

Cash-on-Cash Yield
-9.4%

On $129,950 invested

DSCR Ratio
0.65x

Negative debt coverage

5-Yr Leveraged ROI
+47.2%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$402/mo
Homeowner / Hazard Insurance-$283/mo
Vacancy Reserve (5% of rent)-$169/mo
Repairs & Maintenance (10% of rent)-$337/mo
Property Management (8% of rent)-$270/mo
Total Pure Operating Expenses-$1,461/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,374/mo
Less: Operating Expenses-$1,461/mo
Net Operating Income (NOI)+$1,913/mo
Less: Debt Service (30yr @ 6.75%)-$2,932/mo
Net Cash Flow
$-1,018/mo
$-12,221/year
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