For SaleRisky Deal80 days on market
8409 PLACIDA ROAD #206
8409 PLACIDA ROAD #206, PLACIDA, FL 33946, Placida, FL 33946
$175,000
Estimate®:$163,100
Listing Price
8409 PLACIDA ROAD #206, PLACIDA, FL 33946
Loc: Placida, FL
Days Listed
80
Tax Assessed
$199k
Estimate®
$163k
Market Rate
Lot Size
1,443 sqft
Type
condo
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.
8
Vineland Elementary School
PK-5
3.7 mi away
7
L. A. Ainger Middle School
6-8
3.6 mi away
5
Lemon Bay High School
9-12
4.8 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
Condominium2007ElectricCentral Air1 Carport space$767 monthly80 Days$176
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.25%
Total ROI
73.0%
Cash Flow
$-143/mo
DSCR
0.84
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-143/mo net cash flow with a 5.3% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Placida, 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 |
|---|---|---|---|
| 2026-08-18 | Price change | $175,000 | $176 |
| 2026-07-19 | Price change | $200,000 | $201 |
| 2026-07-06 | Listed for sale | $195,000 | $196 |
| 2026-04-27 | Listing removed | $189,900 | $191 |
| 2026-04-03 | Price change | $189,900 | $191 |
| 2026-02-20 | Price change | $199,900 | $201 |
| 2026-01-15 | Price change | $224,900 | $226 |
| 2025-12-10 | Listed for sale | $289,000 | $290 |
| 2025-07-25 | Listing removed | $289,900 | $291 |
| 2025-07-10 | Price change | $289,900 | $291 |
| 2025-05-24 | Listed for sale | $319,000 | $320 |
| 2022-05-19 | Sold | $295,000 | $296 |
| 2022-04-04 | Pending sale | $295,000 | $296 |
| 2022-04-01 | Listed for sale | $295,000 | $296 |
| 2013-01-04 | Sold | $100,000 | $100 |
| 2012-05-27 | Listed for sale | $109,900 | $110 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,789.72 | $198,951 |
| 2024 | $3,756.76 | $198,951 |
| 2023 | $945.67 | $23,705 |
| 2022 | $3,262.59 | $169,320 |
| 2021 | $3,093.11 | $154,081 |
| 2020 | $3,037.09 | $150,946 |
| 2019 | $2,767.49 | $137,224 |
| 2018 | $2,641.56 | $140,097 |
| 2017 | $2,641.56 | $127,790 |
| 2016 | $2,460.26 | $115,783 |
| 2015 | $2,299.72 | $105,422 |
| 2014 | $2,151.23 | $95,838 |
| 2013 | $1,526.85 | $79,357 |
| 2012 | $1,364.08 | $89,165 |
| 2011 | $1,519.56 | $89,165 |
| 2010 | $1,912.49 | $110,415 |
| 2009 | $2,280.8 | $141,318 |
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