Off MarketRisky Deal1 days on market
7324 Phillips St
7324 Phillips St, Sarasota, FL 34243, Sarasota, FL 34243
$665,000
Estimate®:$638,400
Listing Price
7324 Phillips St, Sarasota, FL 34243
Loc: Sarasota, FL
Days Listed
1
Tax Assessed
$503k
Estimate®
$638k
Market Rate
Lot Size
10,454 sqft
Rent Estimate
$3,581/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.
8
Florine J Abel Elementary School
PK-5
1.4 mi away
2
Bayshore High School
8-12
2.7 mi away
2
Electa Lee Magnet Middle School
6-8
3 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
modernstucco exteriortwo-storyattached garagecontemporary door designpaver drivewaysunset lightinglandscapedpalm treessuburbancurb appealminimalist aestheticADT security systemsingle-family home
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.63%
Total ROI
37.8%
Cash Flow
$-1,437/mo
DSCR
0.58
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,437/mo net cash flow with a 3.6% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Sarasota, 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 |
|---|---|---|---|
| 2026-09-19 | Listing removed | $669,999 | $342 |
| 2025-10-03 | Price change | $669,999 | $342 |
| 2025-08-28 | Listed for sale | $675,000 | $345 |
| 2025-06-14 | Listing removed | $699,000 | $357 |
| 2025-02-14 | Listed for sale | $699,000 | $357 |
| 2024-08-30 | Sold | $400,000 | $204 |
| 2015-05-05 | Sold | $245,000 | $125 |
| 2015-03-26 | Pending sale | $255,000 | $130 |
| 2015-03-26 | Price change | $255,000 | $130 |
| 2015-02-27 | Price change | $265,000 | $135 |
| 2015-02-19 | Price change | $255,000 | $130 |
| 2014-12-12 | Listed for sale | $265,000 | $135 |
| 2000-09-08 | Sold | $155,000 | $79 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $7,642.47 | $503,110 |
| 2024 | $3,652.54 | $269,717 |
| 2023 | $3,592.81 | $261,861 |
| 2022 | $3,490.07 | $254,234 |
| 2021 | $3,476.45 | $246,829 |
| 2020 | $3,436.77 | $243,421 |
| 2019 | $3,376.71 | $237,948 |
| 2018 | $3,376.71 | $233,511 |
| 2017 | $3,338.7 | $228,708 |
| 2016 | $2,192.22 | $224,004 |
| 2015 | $2,192.22 | $165,056 |
| 2014 | $2,192.22 | $163,746 |
| 2013 | $2,145.39 | $161,326 |
| 2012 | $1 | $158,629 |
| 2011 | $1 | $167,243 |
| 2010 | $0 | $179,499 |
| 2009 | $2,490.04 | $183,190 |
| 2008 | $2,625.93 | $183,007 |
| 2007 | $2,342.34 | $177,677 |
| 2006 | $2,460.18 | $173,343 |
| 2005 | $2,453.71 | $168,294 |
| 2004 | $2,404.74 | $163,392 |
| 2003 | $2,393.84 | $160,345 |
| 2002 | $2,338.49 | $156,587 |
| 2001 | $2,261.39 | $154,121 |
| 2000 | $2,442.71 | $136,671 |
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