For SaleRisky Deal62 days on market

8044 San Carlos BLVD

8044 San Carlos BLVD, FORT MYERS, FL 33967, Fort Myers, FL 33967
$469,900

Listing Price

Property image 1
8044 San Carlos BLVD, FORT MYERS, FL 33967
Loc: Fort Myers, FL
Days Listed
62
Tax Assessed
$612k
Lot Size
0.30 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.

4

San Carlos Park Elementary School

PK-5
1.4 mi away
8

Three Oaks Middle School

6-8
1.5 mi away
4

Estero High School

9-12
3.4 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 Residence1998CentralAir Purifier, Ceiling Fan(s)2 Attached Garage spaces0.30 Acres63 Days$181

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.52%
Total ROI
78.8%
Cash Flow
$-278/mo
DSCR
0.89
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-278/mo net cash flow with a 5.5% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (5.5%)
  • 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
2026-09-09Price change$469,900$181
2026-08-26Price change$498,900$193
2026-08-06Price change$499,900$193
2026-07-14Listed for sale$549,900$212
2021-03-24Listing removed$0
2019-03-16Listing removed$2,400$1
2019-02-25Listed for rent$2,400$1
2018-04-09Listing removed$2,400$1
2018-03-22Listed for rent$2,400$1
2012-03-26Listing removed$199,900$77
2012-03-16Listed for sale$199,900$77
2011-11-29Sold$120,000$46
2011-10-15Listed for sale$115,000$44
2010-12-21Sold$125,200$48
1997-08-18Sold$13,000$5

Tax History

YearProperty TaxTax Assessment
2025$8,569.77$595,063
2024$8,278.66$540,966
2023$7,255.48$491,787
2022$6,574.38$402,578
2021$5,747.4$365,980
2020$5,325.51$332,709
2019$5,180.4$335,916
2018$5,180.4$316,542
2017$4,875.34$329,463
2016$4,848.7$289,863
2015$4,450.72$257,405
2014$4,114.07$222,912
2013$3,703.76$176,017
2012$3,006.96$163,005
2011$2,881.52$152,936
2010$2,209.36$141,289
2009$2,674.41$177,410
2008$2,590.36$321,090
2007$2,675.88$391,110
2006$2,774.79$310,680
2004$2,932.04$236,270
2003$3,000.84$191,910
2002$2,952.87$185,580
2000$0$151,760
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
2,591
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/3ba in Fort Myers
+18% vs. list
$
$116,595
75% Rule
Maximum Allowable Offer (MAO)
$299,267

Calculated as (75% × $554,482) − $116,595

Asking Price is $170,633 (36.3%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $299,267 based on $116,595 in required updates.
Current Asking Price:$469,900
Estimated ARV:$554,482
Estimated Renovation:$116,595
All-In Capital Basis (MAO + Rehab):$415,862
Projected Equity Margin:+$138,620
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: $469,900[Estimated] Rent: $3,759/mo[Estimated] Tax Rate: 0.98% (FL)[Estimated] Hazard Ins: $235/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.52%

NOI: $25,920/yr

Cash-on-Cash Yield
-3.1%

On $108,077 invested

DSCR Ratio
0.89x

Negative debt coverage

5-Yr Leveraged ROI
+78.8%

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)-$499/mo
[Estimated]Homeowner / Hazard Insurance-$235/mo
[Defaulted]Vacancy Reserve (5% of rent)-$188/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$376/mo
[Defaulted]Property Management (8% of rent)-$301/mo
Total Pure Operating Expenses-$1,599/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,759/mo
Less: Operating Expenses-$1,599/mo
Net Operating Income (NOI)+$2,160/mo
Less: Debt Service (30yr @ 6.75%)-$2,438/mo
Net Cash Flow
$-278/mo
$-3,338/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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8044 San Carlos BLVD | Fort Myers, FL | Haven AI Analysis | Haven by ScoutHavens