For SaleRisky Deal6 days on market
585 CORAL CREEK DRIVE
585 CORAL CREEK DRIVE, PLACIDA, FL 33946, Placida, FL 33946
$539,000
Estimate®:$514,700
Listing Price
585 CORAL CREEK DRIVE, PLACIDA, FL 33946
Loc: Placida, FL
Days Listed
6
Tax Assessed
$519k
Estimate®
$515k
Market Rate
Lot Size
0.33 acres
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.
8
Vineland Elementary School
PK-5
3.6 mi away
7
L. A. Ainger Middle School
6-8
3.6 mi away
5
Lemon Bay High School
9-12
5.3 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
single-storyranch-stylestucco exteriormetal rooftropical landscapingpalm treesspacious lawndrivewaysuburbanresidentialwell-maintainedsunnycoastalarchitectural charm
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.85%
Total ROI
85.9%
Cash Flow
$-171/mo
DSCR
0.94
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-171/mo net cash flow with a 5.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.8%)
- • Strong rental demand in Placida
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 | Listed for sale | $539,000 | $200 |
| 2026-05-12 | Listing removed | $599,000 | $223 |
| 2026-02-17 | Price change | $599,000 | $223 |
| 2025-11-24 | Price change | $649,900 | $242 |
| 2025-06-09 | Price change | $699,000 | $260 |
| 2025-05-09 | Listed for sale | $749,900 | $279 |
| 2012-12-04 | Sold | $289,000 | $107 |
| 2012-08-06 | Price change | $299,000 | $111 |
| 2012-05-16 | Listed for sale | $309,900 | $115 |
| 2012-02-03 | Listing removed | $314,900 | $117 |
| 2011-07-10 | Price change | $314,900 | $117 |
| 2011-02-22 | Price change | $324,900 | $121 |
| 2010-08-11 | Price change | $349,000 | $130 |
| 2010-06-05 | Listed for sale | $379,900 | $141 |
| 2001-12-06 | Sold | $57,800 | $21 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,398.83 | $207,892 |
| 2024 | $3,169.8 | $202,033 |
| 2023 | $2,776.98 | $173,537 |
| 2022 | $3,166.89 | $190,436 |
| 2021 | $3,147.72 | $184,889 |
| 2020 | $3,101.73 | $182,336 |
| 2019 | $2,997.15 | $178,237 |
| 2018 | $2,610.56 | $174,914 |
| 2017 | $2,610.56 | $171,316 |
| 2016 | $2,591.47 | $167,792 |
| 2015 | $2,575.91 | $166,626 |
| 2014 | $2,567.98 | $165,304 |
| 2013 | $4,440.68 | $319,729 |
| 2012 | $5,495.89 | $331,126 |
| 2011 | $5,643.13 | $331,126 |
| 2010 | $5,672.8 | $327,512 |
| 2009 | $5,446.7 | $337,476 |
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