For SaleRisky Deal90 days on market
505 OAK DRIVE
505 OAK DRIVE, TAVARES, FL 32778, Tavares, FL 32778
$228,000
Listing Price
505 OAK DRIVE, TAVARES, FL 32778
Loc: Tavares, FL
Days Listed
90
Tax Assessed
$186k
Lot Size
8,550 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
Tavares Elementary School
PK-5
1.7 mi away
5
Tavares Middle School
6-8
1.9 mi away
4
Tavares 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
Single Family Residence1985Central, ElectricCentral AirNo Data8,550 sqft90 Days$217
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.81%
Total ROI
85.0%
Cash Flow
$-80/mo
DSCR
0.93
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-80/mo net cash flow with a 5.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.8%)
- • Strong rental demand in Tavares
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 |
|---|---|---|---|
| 2026-09-10 | Price change | $228,000 | $217 |
| 2026-08-06 | Price change | $240,000 | $228 |
| 2026-06-25 | Listed for sale | $245,000 | $233 |
| 2026-06-03 | Sold | $232,200 | $221 |
| 2025-12-12 | Listing removed | $272,900 | $259 |
| 2025-08-20 | Price change | $272,900 | $259 |
| 2025-06-12 | Listed for sale | $277,900 | $264 |
| 2001-07-23 | Sold | $18,000 | $17 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $557.47 | $62,300 |
| 2024 | $552.89 | $60,550 |
| 2023 | $534.48 | $58,790 |
| 2022 | $537.94 | $57,080 |
| 2021 | $529.23 | $55,426 |
| 2020 | $554.42 | $54,661 |
| 2019 | $556.62 | $53,433 |
| 2018 | $545.79 | $52,437 |
| 2017 | $539.07 | $51,359 |
| 2016 | $542.58 | $50,303 |
| 2015 | $541.63 | $49,954 |
| 2014 | $539.87 | $49,558 |
| 2013 | $499.55 | $48,826 |
| 2012 | $492.24 | $48,826 |
| 2011 | $550.54 | $53,177 |
| 2010 | $551.88 | $52,392 |
| 2009 | $523.58 | $51,015 |
| 2008 | $522.82 | $50,965 |
| 2007 | $493.36 | $49,481 |
| 2006 | $494.81 | $48,275 |
| 2005 | $470.75 | $46,869 |
| 2004 | $442.9 | $0 |
| 2003 | $435.9 | $45,727 |
| 2002 | $413.24 | $43,610 |
| 2001 | $362.59 | $42,924 |
| 2000 | $345.05 | $41,870 |
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