OFF_MARKETExcellent Deal13 days on market

449 S 12th St Unit 802

449 S 12th St Unit 802, Tampa, FL 33602, Tampa, FL 33602
$849,900
Zestimate®:$733,400

Listing Price

Property image 1
449 S 12th St Unit 802, Tampa, FL 33602
Loc: Tampa, FL
Days Listed
13
Tax Assessed
$617k
Zestimate®
$733k
Market Rate
Lot Size
2 sqft
Rent Estimate
$4,436/mo
Est. Cash Flow base
Type
condo

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.

2

Washington Elementary School

PK-5
1 mi away
4

Stewart Middle Magnet School

6-8
1.8 mi away
2

Blake High School

9-12
1.5 mi away
Haven Underwritten Market·Prime (>= 1.25x)

Tampa, FL Investment Analysis (2026)

Cap Rate Range: 5.8% - 6.9% · Median Rent: $2,600/mo · Effective Tax: 0.91%

Open Tampa Market Underwrite

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
7.62%
Total ROI
27.8%
Cash Flow
$1,098/mo
DSCR
1.26
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-01Sold$725,000$539
2026-08-11Listed for sale$769,000$571
2026-08-11Contingent$769,000$571
2026-06-26Listed for sale$769,000$571
2026-06-20Listing removed$799,000$594
2026-05-29Price change$799,000$594
2026-05-14Price change$819,900$609
2026-04-17Price change$829,900$617
2026-02-19Listed for sale$849,900$631
2023-06-23Sold$825,000$613
2023-05-23Pending sale$865,000$643
2023-04-06Listed for sale$865,000$643
2015-12-15Sold$427,500$318
2015-10-12Listed for sale$445,000$331
2013-11-29Listing removed$380,000$282
2013-11-25Listed for sale$380,000$282
2011-10-07Listing removed$2,500$2
2011-09-23Price change$2,500$2
2011-08-07Listed for rent$2,600$2

Tax History

YearProperty TaxTax Assessment
2025$12,004.38$617,167
2024$11,662.22$623,363
2023$12,771.04$620,366
2022$11,826.31$571,191
2021$6,428.2$352,973
2020$6,369.99$348,100
2019$6,282.49$340,274
2018$6,282.49$333,929
2017$6,239.39$343,736
2016$6,155.15$320,334
2015$6,003.07$224,402
2014$4,962.81$204,002
2013$4,962.81$185,456
2012$3,876.47$168,596
2011$3,798.41$164,891
2010$4,389.94$191,733
2009$4,690.97$203,770
2008$4,819.92$204,629
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
3
Sq Ft
1,346
Built
2007
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: $849,900Rent Basis: Observed Comp Model ($4,436/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $425/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.51%

NOI: $29,840/yr

Cash-on-Cash Yield
-11.8%

On $195,477 invested

DSCR Ratio
0.56x

Negative debt coverage

5-Yr Leveraged ROI
+35.2%

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)-$504/mo
Homeowner / Hazard Insurance-$425/mo
Vacancy Reserve (5% of rent)-$222/mo
Repairs & Maintenance (10% of rent)-$444/mo
Property Management (8% of rent)-$355/mo
Total Pure Operating Expenses-$1,949/mo
Net Investor Cash Flow
Gross Scheduled Rent+$4,436/mo
Less: Operating Expenses-$1,949/mo
Net Operating Income (NOI)+$2,487/mo
Less: Debt Service (30yr @ 6.75%)-$4,410/mo
Net Cash Flow
$-1,923/mo
$-23,079/year
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