OFF_MARKETGood Deal116 days on market

2861 NW 8th Ct

2861 NW 8th Ct, Fort Lauderdale, FL 33311, Fort Lauderdale, FL 33311
$599,000
Zestimate®:$581,800

Listing Price

Property image 1
2861 NW 8th Ct, Fort Lauderdale, FL 33311
Loc: Fort Lauderdale, FL
Days Listed
116
Tax Assessed
$110k
Zestimate®
$582k
Market Rate
Lot Size
5,501 sqft
Rent Estimate
$3,193/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.

5

Martin Luther King Elementary School

PK-5
0.4 mi away
4

Dillard High School

6-12
0.6 mi away
3

Parkway Middle School

4-8
0.9 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
6.67%
Total ROI
23.0%
Cash Flow
$299/mo
DSCR
1.10
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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
2026-06-25Sold$580,000$300
2026-05-08Price change$599,000$310
2026-03-02Price change$619,000$320
2026-01-17Listed for sale$630,000$326
2026-01-08Listing removed$630,000$326
2025-10-30Listing removed$3,500$2
2025-10-19Listed for rent$3,500$2
2025-10-16Price change$630,000$326
2025-09-10Listed for sale$650,000$336
2025-08-21Listing removed$650,000$336
2025-05-14Listed for sale$650,000$336
2025-05-06Listing removed$650,000$336
2025-03-17Listed for sale$650,000$336
2025-03-13Listing removed$650,000$336
2025-01-30Listed for sale$650,000$336
2025-01-03Contingent$650,000$336
2024-10-03Price change$650,000$336
2024-09-16Listed for sale$680,000$352
2023-06-13Sold$130,000$67
2023-05-08Sold$95,000$49
2019-04-03Sold$45,000$23

Tax History

YearProperty TaxTax Assessment
2025$2,132.92$108,920
2024$1,940.71$99,020
2023$1,279.87$58,570
2022$1,132.54$53,250
2021$978.68$48,410
2020$865.45$44,010
2019$504.2$21,180
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
1,933
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: $599,000Rent Basis: Observed Comp Model ($3,193/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $300/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.14%

NOI: $24,825/yr

Cash-on-Cash Yield
-9.1%

On $137,770 invested

DSCR Ratio
0.67x

Negative debt coverage

5-Yr Leveraged ROI
+48.9%

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)-$90/mo
Homeowner / Hazard Insurance-$300/mo
Vacancy Reserve (5% of rent)-$160/mo
Repairs & Maintenance (10% of rent)-$319/mo
Property Management (8% of rent)-$255/mo
Total Pure Operating Expenses-$1,124/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,193/mo
Less: Operating Expenses-$1,124/mo
Net Operating Income (NOI)+$2,069/mo
Less: Debt Service (30yr @ 6.75%)-$3,108/mo
Net Cash Flow
$-1,039/mo
$-12,472/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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