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A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Data provided by Haven AI. Disclaimer
This property presents a marginal investment profile. While the $119,900 entry price is accessible, the monthly cash flow of $23.55 is dangerously thin, leaving zero margin for unexpected repairs, vacancies, or rising insurance premiums common in coastal Florida. As a manufactured home, the structure likely depreciates faster than stick-built alternatives, placing the burden of ROI on land appreciation. A 6.3% yield is respectable, but after accounting for Florida's volatile property tax and insurance landscape, the net return is insufficient to cover capital expenditure reserves. From a conservative standpoint, the risk of a cash-flow-negative year is high.
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-07-21 | Sold | $95,000 | $85 |
| 2026-07-08 | Contingent | $114,900 | $103 |
| 2026-06-18 | Pending sale | $114,900 | $103 |
| 2026-05-19 | Price change | $114,900 | $103 |
| 2026-04-15 | Price change | $119,900 | $107 |
| 2026-03-17 | Listed for sale | $129,900 | $116 |
| 2018-10-30 | Sold | $120,000 | $107 |
| 2018-05-16 | Listed for sale | $124,900 | $112 |
| 2014-03-26 | Sold | $78,000 | $70 |
| 2014-02-10 | Listed for sale | $83,000 | $74 |
| 2007-11-13 | Sold | $79,000 | $71 |
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,708.33 | $122,336 |
| 2024 | $1,007.64 | $53,281 |
| 2023 | $1,376.86 | $104,425 |
| 2022 | $1,502.67 | $109,656 |
| 2021 | $1,464.11 | $106,462 |
| 2020 | $1,427.4 | $104,992 |
| 2019 | $2,363.89 | $104,293 |
| 2018 | $1,151.86 | $96,849 |
| 2017 | $1,151.86 | $76,928 |
| 2016 | $1,794.07 | $69,025 |
| 2015 | $1,555.68 | $65,954 |
| 2014 | $1,493.33 | $47,765 |
| 2013 | $386.58 | $46,272 |
| 2012 | $365.66 | $49,197 |
| 2011 | $412.37 | $49,197 |
| 2010 | $456.63 | $53,009 |
| 2009 | $415.38 | $51,615 |
| 2006 | $0 | $51,958 |
| 2005 | $0 | $48,976 |
| 2004 | $0 | $42,565 |
| 2003 | $0 | $42,565 |
| 2002 | $525.59 | $41,567 |
| 2001 | $519.79 | $40,912 |
| 2000 | $496.24 | $39,720 |
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $5,753/yr
On $27,577 invested
Negative debt coverage
Equity + cumulative cash
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