For SaleRisky Deal230 days on market

2943 Valencia Way

2943 Valencia Way, Fort Myers, FL 33901, Fort Myers, FL 33901
$1,100,000
Zestimate®:$1,056,100

Listing Price

Property image 1
2943 Valencia Way, Fort Myers, FL 33901
Loc: Fort Myers, FL
Days Listed
230
Tax Assessed
$775k
Zestimate®
$1056k
Market Rate
Lot Size
0.43 acres
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.

3

Allen Park Elementary School

PK-5
0.7 mi away
2

Fort Myers Middle Academy

6-8
1.4 mi away
6

Fort Myers High School

9-12
0.7 mi away

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

Single Family Residence1961CentralCeiling Fan(s), Central Air2 Garage spaces0.43 Acres230 Days$284

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.10%
Total ROI
91.5%
Cash Flow
$-115/mo
DSCR
0.98
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-115/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (6.1%)
  • Strong rental demand in Fort Myers
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-07-14Price change$1,100,000$284
2026-06-01Price change$1,150,000$297
2026-03-31Price change$1,249,000$323
2026-03-06Price change$1,299,000$336
2026-02-19Price change$1,350,000$349
2026-01-27Price change$1,400,000$362
2025-02-19Price change$1,500,000$388
2024-11-20Listed for sale$1,550,000$401
2023-12-09Listing removed$0
2023-06-03Listed for sale$1,698,500$439
2023-05-18Pending sale$1,698,500$439
2023-05-10Listed for sale$1,698,500$439
2022-08-19Sold$1,422,000$368
2022-06-08Pending sale$1,422,000$368
2014-04-30Sold$475,000$123
2014-02-01Price change$489,000$126
2014-01-23Price change$500,000$129
2013-08-20Price change$495,000$128
2013-06-25Listed for sale$539,000$139
2013-05-10Listing removed$539,000$139
2013-02-27Price change$539,000$139
2013-01-07Price change$557,000$144
2012-12-31Listed for sale$597,000$154
2007-10-02Sold$700,000$181
2005-09-27Sold$577,000$149

Tax History

YearProperty TaxTax Assessment
2025$13,645.22$775,434
2024$16,971.6$899,405
2023$14,635.5$817,641
2022$9,270.68$528,804
2021$9,474.68$513,402
2020$9,581.94$506,314
2019$9,754.19$506,292
2018$9,754.19$511,138
2017$10,076.53$509,527
2016$10,260.26$422,173
2015$8,927.99$352,200
2014$8,021.35$378,215
2013$4,375.13$288,393
2012$4,008.79$256,700
2011$3,871.55$209,062
2010$5,812.85$295,106
2009$7,672.11$406,780
2007$9,299.09$486,600
2006$10,048.7$499,130
2004$3,997.74$228,500
2003$4,139.16$236,920
2002$3,860.78$227,100
2000$0$186,840
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
4
Sq Ft
3,869
Address-Level Value-Add Underwriting

ARV, Rehab & Maximum Allowable Offer (MAO)

Model contractor scopes, estimated after-repair value (ARV) projections, and determine your purchase price ceiling to protect target margins.

Modeled value-add projection (+18% baseline) for 4b/4ba in Fort Myers
+18% vs. list
$
$174,105
75% Rule
Maximum Allowable Offer (MAO)
$799,395

Calculated as (75% × $1,298,000) − $174,105

Asking Price is $300,605 (27.3%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $799,395 based on $174,105 in required updates.
Current Asking Price:$1,100,000
Estimated ARV:$1,298,000
Estimated Renovation:$174,105
All-In Capital Basis (MAO + Rehab):$973,500
Projected Equity Margin:+$324,500
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 Provenance:[Observed] List Price: $1,100,000[Estimated] Rent: $8,800/mo[Estimated] Tax Rate: 0.98% (FL)[Estimated] Hazard Ins: $550/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.10%

NOI: $67,113/yr

Cash-on-Cash Yield
-0.5%

On $253,000 invested

DSCR Ratio
0.98x

Negative debt coverage

5-Yr Leveraged ROI
+91.5%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
[Estimated]Property Taxes (0.98% of basis)-$633/mo
[Estimated]Homeowner / Hazard Insurance-$550/mo
[Defaulted]Vacancy Reserve (5% of rent)-$440/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$880/mo
[Defaulted]Property Management (8% of rent)-$704/mo
Total Pure Operating Expenses-$3,207/mo
Net Investor Cash Flow
Gross Scheduled Rent+$8,800/mo
Less: Operating Expenses-$3,207/mo
Net Operating Income (NOI)+$5,593/mo
Less: Debt Service (30yr @ 6.75%)-$5,708/mo
Net Cash Flow
$-115/mo
$-1,379/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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