For SaleRisky Deal21 days on market
485 Merrimac Dr
485 Merrimac Dr, Port Orange, FL 32127, Port Orange, FL 32127
$335,000
Estimate®:$325,700
Listing Price
485 Merrimac Dr, Port Orange, FL 32127
Loc: Port Orange, FL
Days Listed
21
Tax Assessed
$267k
Estimate®
$326k
Market Rate
Lot Size
10,019 sqft
Rent Estimate
$2,513/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
0.9 mi away
8
Creekside Middle School
6-8
3.7 mi away
6
Spruce Creek High School
9-12
1.7 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 stylesingle-storyvinyl sidingattached garagecovered front porchwood postslandscaped gardenpalm treessuburbanwell-maintainedpitched roofsingle-family home
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.55%
Total ROI
79.5%
Cash Flow
$-189/mo
DSCR
0.89
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-189/mo net cash flow with a 5.5% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.5%)
- • 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 |
|---|---|---|---|
| 2026-09-18 | Price change | $335,000 | $213 |
| 2026-09-08 | Price change | $339,000 | $216 |
| 2026-09-03 | Listed for sale | $344,900 | $219 |
| 2026-09-01 | Listing removed | $344,900 | $219 |
| 2026-08-13 | Price change | $344,900 | $219 |
| 2026-07-23 | Price change | $349,999 | $223 |
| 2026-07-10 | Listed for sale | $360,000 | $229 |
| 2026-01-29 | Sold | $210,000 | $134 |
| 2026-01-10 | Pending sale | $235,000 | $149 |
| 2026-01-04 | Listed for sale | $235,000 | $149 |
| 2025-10-21 | Listing removed | $249,000 | $158 |
| 2025-02-28 | Listed for sale | $249,000 | $158 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,731.14 | $267,043 |
| 2024 | $680.77 | $101,814 |
| 2023 | $643.85 | $98,849 |
| 2022 | $654.69 | $95,970 |
| 2021 | $0 | $93,175 |
| 2020 | $639.38 | $91,889 |
| 2019 | $639.38 | $89,823 |
| 2018 | $599.55 | $88,148 |
| 2017 | $594.94 | $86,335 |
| 2016 | $588.17 | $84,559 |
| 2015 | $584.54 | $83,971 |
| 2014 | $605.79 | $83,305 |
| 2013 | $0 | $82,074 |
| 2012 | $0 | $80,702 |
| 2011 | $0 | $82,335 |
| 2010 | $0 | $89,337 |
| 2009 | $0 | $86,988 |
| 2007 | $0 | $84,370 |
| 2006 | $0 | $84,781 |
| 2005 | $0 | $79,915 |
| 2004 | $0 | $77,587 |
| 2003 | $0 | $76,140 |
| 2002 | $0 | $74,355 |
| 2001 | $0 | $73,185 |
| 2000 | $0 | $71,054 |
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