For SaleRisky Deal11 days on market
3240 DOWNAN POINT DRIVE
3240 DOWNAN POINT DRIVE, LAND O LAKES, FL 34638, Land O Lakes, FL 34638
$429,900
Listing Price
3240 DOWNAN POINT DRIVE, LAND O LAKES, FL 34638
Loc: Land O Lakes, FL
Days Listed
11
Tax Assessed
$335k
Lot Size
5,554 sqft
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.
6
Bexley Elementary School
PK-5
0.9 mi away
7
Charles S. Rushe Middle School
6-8
0.9 mi away
7
Sunlake High School
9-12
0.8 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 stylestucco exteriorsingle-storyattached garagesunset lightingpalm treesmanicured lawnsuburbancurb appealarchitectural shinglesarched windowslandscaped shrubberyresidentialwarm ambiance
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.03%
Total ROI
89.9%
Cash Flow
$-71/mo
DSCR
0.97
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-71/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • Strong rental demand in Land O Lakes
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 |
|---|---|---|---|
| 2026-09-21 | Price change | $429,900 | $236 |
| 2026-09-12 | Listed for sale | $439,900 | $242 |
| 2014-04-01 | Sold | $185,500 | $102 |
| 2014-03-02 | Listed for sale | $174,900 | $96 |
| 2009-11-02 | Sold | $140,000 | $77 |
| 2009-02-01 | Listing removed | $199,000 | $109 |
| 2008-12-24 | Price change | $199,000 | $109 |
| 2008-11-20 | Listed for sale | $265,000 | $146 |
| 2007-05-03 | Sold | $280,000 | $154 |
| 2005-05-02 | Sold | $252,877 | $139 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2023 | $0 | $183,690 |
| 2022 | $0 | $178,340 |
| 2021 | $0 | $168,110 |
| 2020 | $0 | $165,790 |
| 2019 | $0 | $162,070 |
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