FOR_SALERisky Deal3 days on market

3429 W PALMETTO STREET

3429 W PALMETTO STREET, TAMPA, FL 33607, Tampa, FL 33607
$724,900
Zestimate®:$711,000

Listing Price

Property image 1
3429 W PALMETTO STREET, TAMPA, FL 33607
Loc: Tampa, FL
Days Listed
3
Tax Assessed
$120k
Zestimate®
$711k
Market Rate
Lot Size
3,605 sqft
Rent Estimate
$1,900/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.

7

West Tampa Elementary School

PK-5
0.8 mi away
5

Madison Middle School

6-8
4.1 mi away
3

Jefferson High School

9-12
1.3 mi away
Haven Underwritten Market·Prime (>= 1.25x)

Tampa, FL Investment Analysis (2026)

Cap Rate Range: 5.8% - 6.9% · Median Rent: $2,600/mo · Effective Tax: 0.91%

Open Tampa Market Underwrite

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
1.66%
Total ROI
-5.1%
Cash Flow
$-2,759/mo
DSCR
0.27
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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
2026-09-03Listed for sale$724,900$313
2025-08-26Sold$157,000$68
2025-08-15Pending sale$149,900$65
2025-08-15Listed for sale$149,900$65

Tax History

YearProperty TaxTax Assessment
2025$3,553.97$120,241
2024$416.9$37,884
2023$397.72$36,781
2022$378.4$35,710
2021$362.17$34,670
2020$347.17$34,191
2019$321.74$33,422
2018$321.74$32,799
2017$301.65$68,449
2016$280.84$31,463
2015$259$31,244
2014$161.48$30,996
2013$161.48$30,538
2012$109.03$28,390
2011$228.23$33,906
2010$311.73$37,854
2009$291.85$36,859
2008$292.26$36,822
2007$266.28$35,750
2006$267.51$34,878
2005$249.98$33,862
2004$0$32,091
2003$0$31,493
2002$0$30,755
2001$0$30,271
2000$111.89$37,023
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
2,313
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: $724,900Rent Basis: Observed Comp Model ($1,900/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $362/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
1.66%

NOI: $12,034/yr

Cash-on-Cash Yield
-19.9%

On $166,727 invested

DSCR Ratio
0.27x

Negative debt coverage

5-Yr Leveraged ROI
+-5.1%

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)-$98/mo
Homeowner / Hazard Insurance-$362/mo
Vacancy Reserve (5% of rent)-$95/mo
Repairs & Maintenance (10% of rent)-$190/mo
Property Management (8% of rent)-$152/mo
Total Pure Operating Expenses-$897/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,900/mo
Less: Operating Expenses-$897/mo
Net Operating Income (NOI)+$1,003/mo
Less: Debt Service (30yr @ 6.75%)-$3,761/mo
Net Cash Flow
$-2,759/mo
$-33,103/year
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