FOR_SALERisky Deal4 days on market

2884 Turtle Shores Dr

2884 Turtle Shores Dr, Fernandina Beach, FL 32034, Fernandina Beach, FL 32034
$794,900
Zestimate®:$764,700

Listing Price

Property image 1
2884 Turtle Shores Dr, Fernandina Beach, FL 32034
Loc: Fernandina Beach, FL
Days Listed
4
Tax Assessed
$599k
Zestimate®
$765k
Market Rate
Lot Size
8,455 sqft
Rent Estimate
$3,755/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.

8

Emma Love Hardee Elementary School

3-5
1.2 mi away
6

Fernandina Beach High School

PK,3,8-12
2.8 mi away
N/A

Southside Elementary School

PK-2
2.2 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
4.23%
Total ROI
10.8%
Cash Flow
$-1,217/mo
DSCR
0.70
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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
2026-08-20Listed for sale$794,900$403
2023-06-13Sold$749,500$380
2023-04-29Pending sale$749,500$380
2023-04-26Listed for sale$749,500$380
2018-09-21Sold$301,900$153

Tax History

YearProperty TaxTax Assessment
2025$6,459.8$400,322
2024$6,364.76$389,040
2023$5,910.42$355,919
2022$4,884.78$308,273
2021$4,886.42$299,294
2020$4,931.03$295,162
2019$5,875.51$285,162
2018$5,875.51$21,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
2
Sq Ft
1,974
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: $794,900Rent Basis: Observed Comp Model ($3,755/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $397/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.03%

NOI: $24,061/yr

Cash-on-Cash Yield
-13.9%

On $182,827 invested

DSCR Ratio
0.49x

Negative debt coverage

5-Yr Leveraged ROI
+24.6%

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)-$489/mo
Homeowner / Hazard Insurance-$397/mo
Vacancy Reserve (5% of rent)-$188/mo
Repairs & Maintenance (10% of rent)-$376/mo
Property Management (8% of rent)-$300/mo
Total Pure Operating Expenses-$1,750/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,755/mo
Less: Operating Expenses-$1,750/mo
Net Operating Income (NOI)+$2,005/mo
Less: Debt Service (30yr @ 6.75%)-$4,125/mo
Net Cash Flow
$-2,119/mo
$-25,434/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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