For SaleRisky Deal0 days on market
10840 Timber Creek Dr
10840 Timber Creek Dr, Fort Myers, FL 33913, Fort Myers, FL 33913
$649,000
Estimate®:$624,100
Listing Price
10840 Timber Creek Dr, Fort Myers, FL 33913
Loc: Fort Myers, FL
Days Listed
0
Tax Assessed
$484k
Estimate®
$624k
Market Rate
Lot Size
8,059 sqft
Rent Estimate
$4,206/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.
5
Gateway Elementary School
PK-5
0.7 mi away
5
East Zone Middle School Qq
6-8
6.1 mi away
5
Gateway High School
9-12
0.7 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
modern traditionaltwo-storymulti-car garagestucco exteriorvinyl sidingpaver drivewaylandscapedpalm treesresidentialsuburbancurb appealspaciouscontemporary
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.66%
Total ROI
60.1%
Cash Flow
$-849/mo
DSCR
0.75
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-849/mo net cash flow with a 4.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Fort Myers, 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 |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $649,000 | $193 |
| 2024-08-27 | Sold | $597,396 | $178 |
| 2024-07-17 | Pending sale | $597,396 | $178 |
| 2024-06-14 | Price change | $597,396 | $178 |
| 2024-04-16 | Listed for sale | $652,396 | $194 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $8,497.64 | $483,693 |
| 2024 | $3,064.39 | $38,209 |
| 2023 | $2,198.73 | $34,735 |
| 2022 | $2,012.34 | $26,703 |
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