For SaleNeutral Deal1 days on market

3257 Royal Canadian Trce APT 2

3257 Royal Canadian Trce APT 2, Fort Myers, FL 33907, Fort Myers, FL 33907
$147,500
Zestimate®:$156,500$9,000 Under Market

Listing Price

Property image 1
3257 Royal Canadian Trce APT 2, Fort Myers, FL 33907
Loc: Fort Myers, FL
Days Listed
1
Tax Assessed
$127k
Zestimate®
$157k
6% Under Valued
Lot Size
2,653 sqft
Rent Estimate
$1,413/mo
Est. Cash Flow base
Type
condo

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.

5

Villas Elementary School

PK-5
1.2 mi away
7

Cypress Lake Middle School

6-8
1.5 mi away
5

Cypress Lake High School

9-12
1.7 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

Condominium1974Central, ElectricCentral Air, Electric1 Attached Garage space$400 monthly1 Day$164

Haven AI Verdict

Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.79%
Total ROI
106.4%
Cash Flow
$69/mo
DSCR
1.09
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $69/mo net cash flow with a 6.8% cap rate. Underwriting indicates neutral fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (6.8%)
  • 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
2026-09-14Listed for sale$147,500$164
2026-01-27Listing removed$1,195$1
2026-01-18Price change$1,195$1
2026-01-02Price change$1,390$2
2025-11-05Listed for rent$1,750$2
2025-08-14Sold$160,000$178
2025-07-09Listing removed$1,550$2
2025-07-08Pending sale$162,000$181
2025-05-23Price change$1,550$2
2025-05-19Price change$162,000$181
2025-05-17Price change$1,650$2
2025-02-26Listed for rent$1,700$2
2025-02-24Price change$165,000$184
2025-02-03Listed for sale$173,000$193
2024-10-30Listing removed$170,000$190
2024-09-25Price change$170,000$190
2024-09-20Price change$180,000$201
2024-09-03Price change$185,000$206
2024-07-23Listed for sale$193,000$215
2023-04-28Listing removed$0
2023-04-07Listed for rent$2,200$2
2023-03-30Listing removed$0
2023-03-09Price change$2,200$2
2023-02-21Price change$2,500$3
2023-02-15Listed for rent$2,850$3
2022-05-25Listing removed$0
2022-04-07Sold$175,000$195
2009-11-03Sold$38,000$42
1999-07-07Sold$45,000$50

Tax History

YearProperty TaxTax Assessment
2025$2,073.28$127,262
2024$2,379.09$153,092
2023$2,496.24$160,912
2022$1,683.24$89,745
2021$1,426.34$81,586
2020$1,334.43$74,169
2019$1,273.72$75,905
2018$1,273.72$68,638
2017$1,195.59$70,253
2016$1,177.15$62,315
2015$1,087.27$47,900
2014$957.57$46,700
2013$879.15$46,400
2012$730.21$34,600
2011$784.52$36,600
2010$755.57$33,100
2009$1,109.39$56,770
2008$1,682.7$97,800
2007$716.07$118,000
2006$713.11$124,000
2004$701.12$64,000
2003$724.44$56,000
2002$699.37$48,000
2000$0$37,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
897
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 2b/2ba in Fort Myers
+18% vs. list
$
$40,365
75% Rule
Maximum Allowable Offer (MAO)
$90,173

Calculated as (75% × $174,050) − $40,365

Asking Price is $57,327 (38.9%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $90,173 based on $40,365 in required updates.
Current Asking Price:$147,500
Estimated ARV:$174,050
Estimated Renovation:$40,365
All-In Capital Basis (MAO + Rehab):$130,538
Projected Equity Margin:+$43,512
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: $147,500[Observed] Rent: $1,413/mo[Estimated] Tax Rate: 0.98% (FL)[Estimated] Hazard Ins: $150/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreNeutral
4/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.79%

NOI: $10,009/yr

Cash-on-Cash Yield
2.4%

On $33,925 invested

DSCR Ratio
1.09x

Tight qualification

5-Yr Leveraged ROI
+106.4%

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)-$104/mo
[Estimated]Homeowner / Hazard Insurance-$150/mo
[Defaulted]Vacancy Reserve (5% of rent)-$71/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$141/mo
[Defaulted]Property Management (8% of rent)-$113/mo
Total Pure Operating Expenses-$579/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,413/mo
Less: Operating Expenses-$579/mo
Net Operating Income (NOI)+$834/mo
Less: Debt Service (30yr @ 6.75%)-$765/mo
Net Cash Flow
$69/mo
$825/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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