OFF_MARKETRisky Deal3 days on market

5620 Essex Ct

5620 Essex Ct, Palm Harbor, FL 34685, Palm Harbor, FL 34685
$625,000
Zestimate®:$595,300

Listing Price

Property image 1
5620 Essex Ct, Palm Harbor, FL 34685
Loc: Palm Harbor, FL
Days Listed
3
Tax Assessed
$558k
Zestimate®
$595k
Market Rate
Lot Size
9,696 sqft
Rent Estimate
$3,867/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.

9

Cypress Woods Elementary School

PK-5
1 mi away
7

Joseph L. Carwise Middle School

6-8
3.6 mi away
7

East Lake High School

PK,9-12
1.6 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
4.24%
Total ROI
51.0%
Cash Flow
$-1,034/mo
DSCR
0.68
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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
2026-05-05Sold$600,000$265
2026-04-17Pending sale$625,000$276
2026-02-27Listed for sale$625,000$276
2015-06-29Sold$308,000$136
2015-05-07Pending sale$310,000$137
2015-03-25Listed for sale$310,000$137
2013-09-24Sold$260,000$115
2013-07-31Price change$268,530$119
2013-06-24Price change$278,530$123
2013-05-24Price change$288,530$127
2013-05-03Listed for sale$298,053$132
1999-06-16Sold$170,000$75
1995-05-17Sold$167,900$74

Tax History

YearProperty TaxTax Assessment
2025$4,974.4$309,912
2024$4,703.18$301,178
2023$4,618.94$292,406
2022$4,490.34$283,889
2021$4,543.99$275,620
2020$4,533.38$271,815
2019$4,456.8$265,704
2018$4,456.8$260,750
2017$4,397.87$255,387
2016$4,326.77$250,134
2015$3,946.25$226,699
2014$3,927.32$224,900
2013$2,749.57$167,744
2012$2,663.68$169,498
2011$0$184,239
2010$0$183,324
2009$0$189,837
2008$2,936.06$189,647
2007$0$184,123
2005$0$216,100
2004$3,134.54$186,400
2003$3,078.32$188,500
2002$2,892.17$177,600
2001$2,892.17$167,100
2000$2,747.39$155,200
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
2,263
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: $625,000Rent Basis: Observed Comp Model ($3,867/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $313/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.24%

NOI: $26,510/yr

Cash-on-Cash Yield
-8.6%

On $143,750 invested

DSCR Ratio
0.68x

Negative debt coverage

5-Yr Leveraged ROI
+51.0%

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)-$455/mo
Homeowner / Hazard Insurance-$313/mo
Vacancy Reserve (5% of rent)-$193/mo
Repairs & Maintenance (10% of rent)-$387/mo
Property Management (8% of rent)-$309/mo
Total Pure Operating Expenses-$1,658/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,867/mo
Less: Operating Expenses-$1,658/mo
Net Operating Income (NOI)+$2,209/mo
Less: Debt Service (30yr @ 6.75%)-$3,243/mo
Net Cash Flow
$-1,034/mo
$-12,406/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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