For SaleExcellent Deal0 days on market
16380 Kelly Cove Dr APT 301
16380 Kelly Cove Dr APT 301, Fort Myers, FL 33908, Fort Myers, FL 33908
$330,000
Estimate®:$312,700
Listing Price
16380 Kelly Cove Dr APT 301, Fort Myers, FL 33908
Loc: Fort Myers, FL
Days Listed
0
Tax Assessed
$223k
Estimate®
$313k
Market Rate
Lot Size
8,664 sqft
Rent Estimate
$4,698/mo
Est. Cash Flow base
Type
condo
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
Heights Elementary School
PK-5
2.2 mi away
4
Lexington Middle School
6-8
2.4 mi away
5
Cypress Lake High School
9-12
4.2 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
screened-in lanaiwaterfront viewstucco exteriorgolf course viewoutdoor living spacecontemporarycovered patiotropical landscapingsunroomceiling fanlight and airyleisurelycoastaltile flooring
Haven AI Verdict
Recommendation
Excellent
Confidence Score: 10/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
11.89%
Total ROI
217.4%
Cash Flow
$1,558/mo
DSCR
1.91
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $1,558/mo net cash flow with a 11.9% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (11.9%)
- • Strong rental demand in Fort Myers
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 |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $330,000 | $261 |
| 2026-07-01 | Listing removed | $369,900 | $292 |
| 2025-07-01 | Listing removed | $5,500 | $4 |
| 2025-04-17 | Price change | $369,900 | $292 |
| 2024-11-06 | Listed for rent | $5,500 | $4 |
| 2024-06-06 | Price change | $399,900 | $316 |
| 2024-05-04 | Listed for sale | $409,900 | $324 |
| 2023-10-25 | Sold | $260,000 | $205 |
| 2023-10-12 | Pending sale | $310,000 | $245 |
| 2023-07-14 | Listed for sale | $310,000 | $245 |
| 2019-12-26 | Sold | $155,000 | $122 |
| 2019-12-23 | Pending sale | $164,900 | $130 |
| 2019-11-18 | Price change | $164,900 | $130 |
| 2019-06-18 | Listed for sale | $169,900 | $134 |
| 2019-05-18 | Listing removed | $169,900 | $134 |
| 2019-02-07 | Price change | $169,900 | $134 |
| 2019-02-04 | Price change | $175,000 | $138 |
| 2019-01-17 | Price change | $169,900 | $134 |
| 2018-05-18 | Price change | $175,000 | $138 |
| 2018-02-21 | Price change | $182,000 | $144 |
| 2017-12-02 | Listed for sale | $192,000 | $152 |
| 2002-10-24 | Sold | $165,000 | $130 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,007.56 | $222,870 |
| 2024 | $3,420.29 | $253,863 |
| 2023 | $109.48 | $6,810 |
| 2022 | $2,348.57 | $147,308 |
| 2021 | $1,917.17 | $133,916 |
| 2020 | $2,083.11 | $142,928 |
| 2019 | $2,320.15 | $157,463 |
| 2018 | $2,320.15 | $157,463 |
| 2017 | $2,374.15 | $149,388 |
| 2016 | $2,307.22 | $156,905 |
| 2015 | $2,475.65 | $147,000 |
| 2014 | $2,348.48 | $130,500 |
| 2013 | $2,129.02 | $119,800 |
| 2012 | $2,035.17 | $125,000 |
| 2011 | $2,195.08 | $132,200 |
| 2010 | $2,118.35 | $124,700 |
| 2009 | $2,373.32 | $146,490 |
| 2008 | $2,657.75 | $175,000 |
| 2007 | $3,469.46 | $226,000 |
| 2006 | $3,522.9 | $219,000 |
| 2004 | $2,784.78 | $150,000 |
| 2003 | $2,681.83 | $139,000 |
| 2002 | $2,337.91 | $122,000 |
| 2000 | $0 | $102,000 |
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