For SaleExcellent Deal905 days on market
748 MERRIMAC DRIVE
748 MERRIMAC DRIVE, PORT ORANGE, FL 32127, Port Orange, FL 32127
$210,000
Listing Price
748 MERRIMAC DRIVE, PORT ORANGE, FL 32127
Loc: Port Orange, FL
Days Listed
905
Tax Assessed
$279k
Lot Size
0.28 acres
Rent Estimate
$3,179/mo
Est. Cash Flow base
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
Spruce Creek Elementary School
PK-5
0.8 mi away
8
Creekside Middle School
6-8
3.5 mi away
6
Spruce Creek High School
9-12
1.5 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 stylestucco exteriorsolar panelssingle-storyconcrete drivewayattached garageresidentialtraditional suburbanmature palm treeslow pitch roofspacious front yardmulti-section rooflinefunctionalwell-maintained lawn
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
11.83%
Total ROI
216.0%
Cash Flow
$981/mo
DSCR
1.90
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $981/mo net cash flow with a 11.8% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (11.8%)
- • Strong rental demand in Port Orange
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 | Price change | $210,000 | $137 |
| 2026-09-09 | Price change | $215,000 | $140 |
| 2026-03-26 | Listed for sale | $225,000 | $146 |
| 2026-03-09 | Pending sale | $225,000 | $146 |
| 2026-02-20 | Price change | $225,000 | $146 |
| 2026-02-06 | Price change | $230,000 | $150 |
| 2026-01-15 | Price change | $240,000 | $156 |
| 2025-12-04 | Price change | $250,000 | $163 |
| 2025-10-29 | Price change | $260,000 | $169 |
| 2025-10-02 | Price change | $270,000 | $176 |
| 2025-05-30 | Price change | $280,000 | $182 |
| 2025-02-24 | Pending sale | $245,000 | $160 |
| 2025-01-22 | Price change | $245,000 | $160 |
| 2024-11-15 | Price change | $255,000 | $166 |
| 2024-09-10 | Price change | $260,000 | $169 |
| 2024-06-21 | Price change | $265,000 | $173 |
| 2024-05-24 | Price change | $270,000 | $176 |
| 2024-05-03 | Price change | $275,000 | $179 |
| 2024-04-16 | Price change | $285,000 | $186 |
| 2024-04-02 | Listed for sale | $295,000 | $192 |
| 2010-10-19 | Sold | $147,500 | $96 |
| 2010-09-02 | Price change | $148,700 | $97 |
| 2010-07-21 | Listed for sale | $154,900 | $101 |
| 1997-12-12 | Sold | $108,000 | $70 |
| 1993-06-21 | Sold | $84,500 | $55 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $7,973.59 | $278,675 |
| 2024 | $4,582.94 | $123,717 |
| 2023 | $4,531.35 | $120,114 |
| 2022 | $1,425.18 | $116,616 |
| 2021 | $0 | $113,219 |
| 2020 | $1,402.49 | $111,656 |
| 2019 | $1,402.49 | $109,146 |
| 2018 | $1,351.16 | $107,111 |
| 2017 | $1,344.14 | $104,908 |
| 2016 | $1,339.97 | $102,750 |
| 2015 | $1,328.94 | $102,036 |
| 2014 | $1,366.33 | $101,226 |
| 2013 | $0 | $99,730 |
| 2012 | $0 | $98,063 |
| 2011 | $0 | $95,207 |
| 2010 | $0 | $105,680 |
| 2009 | $0 | $102,902 |
| 2007 | $0 | $99,805 |
| 2006 | $0 | $100,292 |
| 2005 | $0 | $94,535 |
| 2004 | $0 | $91,782 |
| 2003 | $0 | $90,071 |
| 2002 | $0 | $87,960 |
| 2001 | $0 | $86,575 |
| 2000 | $0 | $84,054 |
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