OFF_MARKETRisky Deal13 days on market

671 Middle River Drive

671 Middle River Drive, Fort Lauderdale, FL 33304, Fort Lauderdale, FL 33304
$21,900,000
Zestimate®:$20,735,900

Listing Price

Property image 1
671 Middle River Drive, Fort Lauderdale, FL 33304
Loc: Fort Lauderdale, FL
Days Listed
13
Tax Assessed
$14050k
Zestimate®
$20736k
Market Rate
Lot Size
0.39 acres
Rent Estimate
$7,527/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

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
-0.40%
Total ROI
-12.4%
Cash Flow
$-118,114/mo
DSCR
-0.07
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10-Year Price Projection

Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
5
Baths
7
Sq Ft
9,138
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: $21,900,000Rent Basis: Observed Comp Model ($7,527/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $10,950/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
-0.91%

NOI: $-199,540/yr

Cash-on-Cash Yield
-31.0%

On $5,037,000 invested

DSCR Ratio
-0.15x

Negative debt coverage

5-Yr Leveraged ROI
+-61.0%

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)-$11,474/mo
Homeowner / Hazard Insurance-$10,950/mo
Vacancy Reserve (5% of rent)-$376/mo
Repairs & Maintenance (10% of rent)-$753/mo
Property Management (8% of rent)-$602/mo
Total Pure Operating Expenses-$24,155/mo
Net Investor Cash Flow
Gross Scheduled Rent+$7,527/mo
Less: Operating Expenses-$24,155/mo
Net Operating Income (NOI)+$-16,628/mo
Less: Debt Service (30yr @ 6.75%)-$113,634/mo
Net Cash Flow
$-130,263/mo
$-1,563,153/year
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671 Middle River Drive | Fort Lauderdale, FL | Haven AI Analysis | Haven by ScoutHavens