FOR_SALEGood Deal4 days on market

2624 SHALIMAR TERRACE

2624 SHALIMAR TERRACE, NORTH PORT, FL 34286, North Port, FL 34286
$250,000

Listing Price

Property image 1
2624 SHALIMAR TERRACE, NORTH PORT, FL 34286
Loc: North Port, FL
Days Listed
4
Tax Assessed
$230k
Lot Size
10,000 sqft
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

Cranberry Elementary School

PK-5
0.1 mi away
8

Heron Creek Middle School

6-8
2.6 mi away
3

North Port High School

PK,9-12
2.5 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
7.05%
Total ROI
24.9%
Cash Flow
$205/mo
DSCR
1.16
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Checking Access...

Haven AI

Analyzing property data...

Checking Access...

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-09Listed for sale$250,000$172
2026-09-01Listing removed$284,900$196
2026-07-29Price change$284,900$196
2026-06-12Price change$289,000$199
2026-05-14Listed for sale$299,000$206
2018-08-30Sold$184,200$127
2018-07-17Price change$184,900$127
2018-07-10Price change$179,900$124
2018-06-08Price change$184,900$127
2018-05-08Listed for sale$189,900$131
2015-12-05Listing removed$1,350$1
2015-11-13Listed for rent$1,350$1
2005-05-26Sold$35,000$24

Tax History

YearProperty TaxTax Assessment
2025$2,794.94$164,694
2024$2,650.95$160,052
2023$2,516.86$155,390
2022$2,416.91$150,864
2021$2,378.93$146,470
2020$2,351.6$144,448
2019$2,288.52$141,200
2018$2,288.52$135,900
2017$2,567.07$111,932
2016$2,143.17$116,100
2015$2,143.17$100,300
2014$1,983.43$76,450
2013$1,851.47$76,450
2012$1,639.24$69,500
2011$1,602.19$69,200
2010$1,703.27$74,700
2009$2,428.96$85,700
2008$2,428.96$129,200
2007$2,759.08$151,300
2006$0$34,100
2005$0$22,300
2004$187.33$5,700
2003$138.25$3,000
2002$138.01$3,000
2001$132.82$3,000
2000$133.31$3,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,452
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: $250,000Rent Basis: Modeled Estimate ($2,000/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $150/mo
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.77%

NOI: $14,422/yr

Cash-on-Cash Yield
-2.0%

On $57,500 invested

DSCR Ratio
0.93x

Negative debt coverage

5-Yr Leveraged ROI
+84.2%

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)-$188/mo
Homeowner / Hazard Insurance-$150/mo
Vacancy Reserve (5% of rent)-$100/mo
Repairs & Maintenance (10% of rent)-$200/mo
Property Management (8% of rent)-$160/mo
Total Pure Operating Expenses-$798/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,000/mo
Less: Operating Expenses-$798/mo
Net Operating Income (NOI)+$1,202/mo
Less: Debt Service (30yr @ 6.75%)-$1,297/mo
Net Cash Flow
$-95/mo
$-1,144/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

Similar Properties Nearby

Explore other investment opportunities in North Port.

2624 SHALIMAR TERRACE | North Port, FL | Haven AI Analysis | Haven by ScoutHavens