OFF_MARKETRisky Deal1 days on market

1703 PELICAN Place

1703 PELICAN Place, Middleburg, FL 32068, Middleburg, FL 32068
$1,399,900
Zestimate®:$1,178,000

Listing Price

Property image 1
1703 PELICAN Place, Middleburg, FL 32068
Loc: Middleburg, FL
Days Listed
1
Tax Assessed
$546k
Zestimate®
$1178k
Market Rate
Lot Size
1.10 acres
Rent Estimate
$3,041/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.

6

Doctors Inlet Elementary School

PK-6
1 mi away
7

Lakeside Junior High School

6-8
3.1 mi away
5

Ridgeview High School

PK,9-12
2.3 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
1.02%
Total ROI
-18.9%
Cash Flow
$-6,068/mo
DSCR
0.16
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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
2026-07-23Sold$1,178,000$443
2026-07-08Pending sale$1,290,000$485
2026-07-02Price change$1,290,000$485
2026-06-16Price change$1,325,000$498
2026-05-16Price change$1,365,000$513
2026-03-12Listed for sale$1,399,900$526
2021-07-09Sold$715,000$269
2021-05-27Pending sale$749,900$282
2021-05-27Contingent$749,900$282
2021-05-08Price change$749,900$282
2021-04-23Price change$799,900$301
2021-04-15Listed for sale$849,900$320
2012-06-18Sold$471,500$177
2011-12-10Listed for sale$549,900$207

Tax History

YearProperty TaxTax Assessment
2025$0$292,359
2024$0$284,120
2023$324$269,834
2022$3,512.79$261,975
2021$6,467.5$439,533
2020$6,234.49$433,465
2019$6,234.49$423,720
2018$6,153.94$415,819
2017$5,684.08$416,329
2016$5,798$407,766
2015$5,800.95$404,931
2014$5,924.56$405,235
2013$0$402,598
2012$0$302,109
2011$0$293,310
2010$0$288,975
2009$0$281,379
2008$0$281,098
2007$0$272,911
2006$0$266,255
2005$0$258,500
2004$0$250,971
2003$0$246,291
2001$0$228,759
2000$0$222,096
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
2,659
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: $1,399,900Rent Basis: Observed Comp Model ($3,041/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $700/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
1.02%

NOI: $14,344/yr

Cash-on-Cash Yield
-22.6%

On $321,977 invested

DSCR Ratio
0.16x

Negative debt coverage

5-Yr Leveraged ROI
+-18.9%

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)-$446/mo
Homeowner / Hazard Insurance-$700/mo
Vacancy Reserve (5% of rent)-$152/mo
Repairs & Maintenance (10% of rent)-$304/mo
Property Management (8% of rent)-$243/mo
Total Pure Operating Expenses-$1,846/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,041/mo
Less: Operating Expenses-$1,846/mo
Net Operating Income (NOI)+$1,195/mo
Less: Debt Service (30yr @ 6.75%)-$7,264/mo
Net Cash Flow
$-6,068/mo
$-72,821/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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