OFF_MARKETRisky Deal3 days on market

75 Venetian Drive #D-11

75 Venetian Drive #D-11, Delray Beach, FL 33483, Delray Beach, FL 33483
$899,000
Zestimate®:$860,800

Listing Price

Property image 1
75 Venetian Drive #D-11, Delray Beach, FL 33483
Loc: Delray Beach, FL
Days Listed
3
Tax Assessed
$535k
Zestimate®
$861k
Market Rate
Rent Estimate
$3,909/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.

6

Pine Grove Elementary School

PK-5
1.4 mi away
3

Carver Middle School

6-8
3.2 mi away
5

Atlantic High School

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
3.86%
Total ROI
9.0%
Cash Flow
$-1,653/mo
DSCR
0.64
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-07-16Sold$860,000$775
2026-06-23Listing removed$5,000$5
2026-06-05Listed for sale$899,000$811
2026-04-29Listed for rent$5,000$5
2019-12-23Sold$550,000$496
2019-12-05Pending sale$565,000$509
2019-10-25Price change$565,000$509
2019-09-04Listed for sale$585,000$528
2019-07-06Listing removed$625,000$564
2019-05-07Price change$625,000$564
2019-02-01Listed for sale$650,000$586
2013-05-30Sold$366,000$330
2013-04-23Listed for sale$365,000$329

Tax History

YearProperty TaxTax Assessment
2025$10,047$535,000
2024$9,697$525,000
2023$9,606$500,000
2022$10,503$514,250
2021$9,624$467,500
2020$8,790.62$425,000
2019$7,493.47$398,473
2018$7,493.47$391,043
2017$7,176.8$383,000
2016$7,156.06$383,000
2015$7,361.42$341,000
2014$7,031.23$310,000
2013$6,884.28$302,000
2012$6,486.66$277,000
2011$6,728.56$282,240
2010$6,908.56$288,000
2009$6,699.84$288,447
2008$7,974.15$384,596
2007$8,274.45$406,980
2006$9,531.01$428,400
2005$0$306,000
2004$3,791.95$255,000
2003$93.5$205,000
2002$4,547.51$185,000
2001$3,746.35$150,000
2000$2,673.11$107,100
1999$2,540.85$107,100
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
1,109
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: $899,000Rent Basis: Observed Comp Model ($3,909/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $450/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.83%

NOI: $25,476/yr

Cash-on-Cash Yield
-14.8%

On $206,770 invested

DSCR Ratio
0.46x

Negative debt coverage

5-Yr Leveraged ROI
+20.4%

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)-$437/mo
Homeowner / Hazard Insurance-$450/mo
Vacancy Reserve (5% of rent)-$195/mo
Repairs & Maintenance (10% of rent)-$391/mo
Property Management (8% of rent)-$313/mo
Total Pure Operating Expenses-$1,786/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,909/mo
Less: Operating Expenses-$1,786/mo
Net Operating Income (NOI)+$2,123/mo
Less: Debt Service (30yr @ 6.75%)-$4,665/mo
Net Cash Flow
$-2,542/mo
$-30,500/year
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