OFF_MARKETRisky Deal33 days on market

4223 ROYAL PALM DRIVE

4223 ROYAL PALM DRIVE, BRADENTON, FL 34210, Bradenton, FL 34210
$1,175,000
Zestimate®:$1,097,800

Listing Price

Property image 1
4223 ROYAL PALM DRIVE, BRADENTON, FL 34210
Loc: Bradenton, FL
Days Listed
33
Tax Assessed
$619k
Zestimate®
$1098k
Market Rate
Lot Size
10,302 sqft
Rent Estimate
$4,496/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.

4

Sea Breeze Elementary School

PK-5
1.8 mi away
2

W. D. Sugg Middle School

6-8
2.6 mi away
2

Bayshore High School

8-12
4.3 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
3.95%
Total ROI
9.4%
Cash Flow
$-2,073/mo
DSCR
0.65
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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
2026-07-30Listed for sale$1,175,000$707
2021-03-24Listing removed$0
2020-10-08Sold$100,000$60
2018-01-22Sold$490,000$295
2017-12-21Pending sale$510,500$307
2017-12-09Price change$510,500$307
2017-11-26Price change$545,500$328
2017-11-08Price change$545,999$329
2017-11-04Pending sale$545,500$328
2017-11-02Listed for sale$545,500$328
2004-07-22Sold$420,000$253

Tax History

YearProperty TaxTax Assessment
2025$5,517.21$417,399
2024$5,354.23$405,636
2023$5,284.72$393,821
2022$5,154.93$382,350
2021$5,165.29$371,214
2020$5,634.76$363,856
2019$5,623.23$359,325
2018$5,623.23$312,691
2017$5,000.03$239,361
2016$3,169.36$234,438
2015$3,169.36$232,808
2014$3,169.36$227,657
2013$3,155.41$224,293
2012$1$221,274
2011$1$239,761
2010$0$259,854
2009$4,105.01$288,200
2008$4,861.6$350,222
2007$5,726.9$398,287
2006$6,594.24$422,615
2005$6,076.39$354,855
2004$2,102.35$145,990
2003$2,091.79$143,268
2002$2,042.12$139,910
2001$1,973.9$137,707
2000$1,942.73$133,696
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,661
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: $1,175,000Rent Basis: Observed Comp Model ($4,496/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $588/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.42%

NOI: $28,417/yr

Cash-on-Cash Yield
-16.6%

On $270,250 invested

DSCR Ratio
0.39x

Negative debt coverage

5-Yr Leveraged ROI
+11.4%

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)-$506/mo
Homeowner / Hazard Insurance-$588/mo
Vacancy Reserve (5% of rent)-$225/mo
Repairs & Maintenance (10% of rent)-$450/mo
Property Management (8% of rent)-$360/mo
Total Pure Operating Expenses-$2,128/mo
Net Investor Cash Flow
Gross Scheduled Rent+$4,496/mo
Less: Operating Expenses-$2,128/mo
Net Operating Income (NOI)+$2,368/mo
Less: Debt Service (30yr @ 6.75%)-$6,097/mo
Net Cash Flow
$-3,729/mo
$-44,745/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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4223 ROYAL PALM DRIVE | Bradenton, FL | Haven AI Analysis | Haven by ScoutHavens