For SaleRisky Deal184 days on market
2478 Florida Ave
2478 Florida Ave, Alligator Point, FL 32322, Alligator Point, FL 32322
$35,000
Listing Price
2478 Florida Ave, Alligator Point, FL 32322
Loc: Alligator Point, FL
Days Listed
184
Tax Assessed
$17k
Lot Size
7,623 sqft
Type
lot
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.
2
Franklin County Schools Pk-12
PK-12
16 mi away
N/A
Franklin Virtual Instruction Program
K-12
19.9 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
vacant landwooded lotruralunimprovednature-focuseddirt roadpinesundevelopedsecludedpastoralresidential lotoutdoor space
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.77%
Total ROI
-2.6%
Cash Flow
$-130/mo
DSCR
0.28
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-130/mo net cash flow with a 1.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Alligator Point, 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 |
|---|---|---|---|
| 2026-03-23 | Listed for sale | $35,000 | – |
| 2025-12-20 | Listing removed | $43,500 | – |
| 2025-07-11 | Price change | $43,500 | – |
| 2025-03-19 | Listed for sale | $45,000 | – |
| 2021-12-20 | Listing removed | $0 | – |
| 2021-09-21 | Price change | $28,000 | – |
| 2021-09-17 | Listed for sale | $16,000 | – |
| 2006-10-17 | Sold | $56,800 | – |
| 2005-02-15 | Sold | $78,000 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $169.26 | $17,000 |
| 2023 | $167.79 | $15,563 |
| 2022 | $164.39 | $14,148 |
| 2021 | $191.93 | $12,862 |
| 2020 | $164.7 | $11,693 |
| 2019 | $164.7 | $15,000 |
| 2018 | $150.1 | $15,000 |
| 2017 | $124.28 | $10,000 |
| 2016 | $124.28 | $10,000 |
| 2015 | $118.15 | $10,000 |
| 2014 | $110.76 | $10,000 |
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