For SaleRisky Deal0 days on market
1875 MERLOT DRIVE
1875 MERLOT DRIVE, SANFORD, FL 32771, Sanford, FL 32771
$1,125,000
Listing Price
1875 MERLOT DRIVE, SANFORD, FL 32771
Loc: Sanford, FL
Days Listed
0
Tax Assessed
$751k
Lot Size
0.27 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.
9
Wilson Elementary School
PK-5
0.6 mi away
6
Markham Woods Middle School
6-8
1.2 mi away
5
Seminole 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
Mediterraneanstucco exteriorpaver drivewayattached garagemanicured lawnlandscaped gardenarchway entrancepalm treesresidentialsuburbansingle-storycurb appealshingle roof
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.14%
Total ROI
92.3%
Cash Flow
$-84/mo
DSCR
0.99
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-84/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • Strong rental demand in Sanford
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 |
|---|---|---|---|
| 2026-09-25 | Listed for sale | $1,125,000 | $299 |
| 2024-09-20 | Sold | $950,000 | $252 |
| 2024-08-25 | Pending sale | $1,080,000 | $287 |
| 2024-07-08 | Listed for sale | $1,080,000 | $287 |
| 2018-04-20 | Sold | $485,000 | $129 |
| 2018-01-31 | Listed for sale | $494,000 | $131 |
| 2018-01-04 | Sold | $306,000 | $81 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $8,679.1 | $653,038 |
| 2024 | $6,422.81 | $526,254 |
| 2023 | $6,268.44 | $510,926 |
| 2022 | $6,117.12 | $496,045 |
| 2021 | $6,339.34 | $481,597 |
| 2020 | $6,295.82 | $474,948 |
| 2019 | $6,282.05 | $467,252 |
| 2018 | $6,282.05 | $365,233 |
| 2017 | $4,896.93 | $357,721 |
| 2016 | $4,874.51 | $352,816 |
| 2015 | $4,962.79 | $347,928 |
| 2014 | $4,962.79 | $345,167 |
| 2013 | $4,851.53 | $340,066 |
| 2012 | $4,559.77 | $334,382 |
| 2011 | $4,609.59 | $334,223 |
| 2010 | $5,048.37 | $359,080 |
| 2009 | $5,674.5 | $400,823 |
| 2008 | $6,947.89 | $498,832 |
| 2007 | $7,283.53 | $518,183 |
| 2006 | $7,744.06 | $505,544 |
| 2005 | $7,254.52 | $467,721 |
| 2004 | $1,757.73 | $104,000 |
| 2003 | $1,542.97 | $90,000 |
| 2002 | $504.12 | $28,930 |
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