For SaleRisky Deal132 days on market

405 E Royal Cove Circle

405 E Royal Cove Circle, Davie, FL 33325, Davie, FL 33325
$650,000
Estimate®:$636,800

Listing Price

Property image 1
405 E Royal Cove Circle, Davie, FL 33325
Loc: Davie, FL
Days Listed
132
Tax Assessed
$302k
Estimate®
$637k
Market Rate
Lot Size
5,202 sqft
Rent Estimate
$3,771/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.

7

Flamingo Elementary School

PK-5
1.2 mi away
7

Indian Ridge Middle School

6-8
3.6 mi away
6

Western High School

9-12
1.1 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 Residence2000CentralCentral Air2 Attached Garage spaces$194 monthly5,202 sqft133 Days$306

Haven AI Verdict

Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.87%
Total ROI
43.0%
Cash Flow
$-1,276/mo
DSCR
0.62
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-1,276/mo net cash flow with a 3.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • • Prime residential location in Davie, 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

DateEventPricePrice/sqft
2026-09-07Price change$650,000$306
2026-08-18Price change$675,000$318
2026-07-01Price change$680,000$320
2026-05-15Listed for sale$690,000$325
2020-07-28Sold$380,000$179
2020-06-12Pending sale$419,000$197
2020-03-03Listed for sale$419,000$197
2018-07-16Listing removed$2,400$1
2018-07-11Listed for rent$2,400$1
2017-09-05Listing removed$2,400$1
2017-08-29Listed for rent$2,400$1
2017-08-24Sold$362,000$170
2017-08-01Listed for sale$369,900$174
2000-09-21Sold$166,500$78

Tax History

YearProperty TaxTax Assessment
2025$5,872.37$301,820
2024$5,723.91$293,320
2023$5,597.68$284,780
2022$5,211.4$276,490
2021$5,042.38$268,440
2020$7,483.71$345,890
2019$7,266.59$337,320
2018$7,266.59$323,480
2017$0$215,280
2016$3,911.36$210,860
2015$3,874.32$209,400
2014$3,994.34$207,740
2013$3,994.34$204,670
2012$4,994.49$213,670
2011$4,974.95$212,450
2010$4,816.76$197,190
2009$5,583.83$239,430
2008$3,018.45$166,830
2007$3,233.2$161,980
2006$3,449.73$158,030
2005$0$153,430
2004$3,171.72$148,970
2003$3,094.53$146,200
2002$3,067.43$142,780
2001$2,996.28$140,540
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
2,124

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