For SaleRisky Deal1 days on market
7803 Elwood Drive
7803 Elwood Drive, Greenacres, FL 33467, Lake Worth, FL 33467
$500,000
Estimate®:$487,300
Listing Price
7803 Elwood Drive, Greenacres, FL 33467
Loc: Lake Worth, FL
Days Listed
1
Tax Assessed
$251k
Estimate®
$487k
Market Rate
Lot Size
8,468 sqft
Rent Estimate
$3,421/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.
9
Coral Reef Elementary School
PK-5
1.1 mi away
6
Woodlands Middle School
6-8
1.2 mi away
5
Dr. Joaquin Garcia High School
9-12
1.2 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
ranch stylecorner lotswimming poolfenced backyardsingle-storyasphalt shingle roofoutdoor patioartificial turfsuburbanlandscaped lawndriveway parkingresidentialspacious yard
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.04%
Total ROI
68.4%
Cash Flow
$-494/mo
DSCR
0.81
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-494/mo net cash flow with a 5.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Lake Worth, FL
- • Long-term capital appreciation corridor
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
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $500,000 | $410 |
| 2018-04-25 | Sold | $265,000 | $217 |
| 2018-04-01 | Listed for sale | $259,900 | $213 |
| 2018-03-22 | Pending sale | $259,900 | $213 |
| 2018-03-09 | Listed for sale | $259,900 | $213 |
| 2012-01-31 | Sold | $85,000 | $70 |
| 2011-10-11 | Listed for sale | $90,000 | $74 |
| 2007-06-01 | Sold | $250,000 | $205 |
| 1997-01-14 | Sold | $75,000 | $61 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,861 | $244,639 |
| 2024 | $3,743 | $237,744 |
| 2023 | $3,640 | $230,819 |
| 2022 | $3,601 | $224,096 |
| 2021 | $3,554 | $217,569 |
| 2020 | $3,522.08 | $214,565 |
| 2019 | $3,532.09 | $212,804 |
| 2018 | $3,532.09 | $98,821 |
| 2017 | $1,436.03 | $96,788 |
| 2016 | $1,390.03 | $94,797 |
| 2015 | $1,380.74 | $94,138 |
| 2014 | $1,403.63 | $93,391 |
| 2013 | $1,374.14 | $92,011 |
| 2012 | $1,409.13 | $89,674 |
| 2011 | $1,385.24 | $87,062 |
| 2010 | $1,351.12 | $85,775 |
| 2009 | $1,250.33 | $84,008 |
| 2008 | $1,125.84 | $83,924 |
| 2007 | $1,196.44 | $81,480 |
| 2006 | $1,287.76 | $79,493 |
| 2005 | $0 | $77,178 |
| 2004 | $518.09 | $74,930 |
| 2003 | $215.05 | $73,533 |
| 2002 | $1,143.63 | $71,810 |
| 2001 | $1,129.39 | $70,679 |
| 2000 | $1,074.27 | $68,620 |
| 1999 | $852.56 | $68,695 |
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