For SaleNeutral Deal0 days on market
505 Prospect Ave
505 Prospect Ave, Lehigh Acres, FL 33972, Lehigh Acres, FL 33972
$425,000
Listing Price
505 Prospect Ave, Lehigh Acres, FL 33972
Loc: Lehigh Acres, FL
Days Listed
0
Tax Assessed
$27k
Lot Size
0.50 acres
Type
single family
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
Lehigh Elementary School
PK-5
0.9 mi away
5
East Zone Middle School Qq
6-8
1.4 mi away
2
East Lee County High School
9-12
4.4 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 stylemodernstucco exteriorsingle-storyhip roofconcrete drivewayspacious lawnsymmetrical designdouble entry doorsminimalistsuburbannew constructionlarge windowswell-maintained
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.73%
Total ROI
105.1%
Cash Flow
$177/mo
DSCR
1.08
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $177/mo net cash flow with a 6.7% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.7%)
- • Strong rental demand in Lehigh Acres
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 | $425,000 | $233 |
| 2024-09-30 | Sold | $36,500 | $20 |
| 2024-08-13 | Pending sale | $40,000 | $22 |
| 2024-07-07 | Listed for sale | $40,000 | $22 |
| 2004-01-26 | Sold | $22,000 | $12 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $627.81 | $27,455 |
| 2024 | $483.62 | $10,039 |
| 2023 | $453.69 | $9,126 |
| 2022 | $380.85 | $8,296 |
| 2021 | $340.06 | $7,542 |
| 2020 | $332.44 | $6,856 |
| 2019 | $178.67 | $6,400 |
| 2018 | $178.67 | $6,000 |
| 2017 | $162.44 | $5,733 |
| 2016 | $156.06 | $5,405 |
| 2015 | $143.83 | $4,700 |
| 2014 | $136.4 | $3,870 |
| 2013 | $119.8 | $3,600 |
| 2012 | $117.73 | $3,800 |
| 2011 | $118.81 | $3,800 |
| 2010 | $132.41 | $4,500 |
| 2009 | $154.25 | $6,000 |
| 2008 | $267.05 | $14,000 |
| 2007 | $543.25 | $31,200 |
| 2006 | $831.83 | $48,500 |
| 2004 | $164.05 | $6,500 |
| 2003 | $140.73 | $4,800 |
| 2002 | $137 | $4,500 |
| 2000 | $0 | $4,400 |
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