For SaleRisky Deal0 days on market
1500 CALMING WATER Drive #1601
1500 CALMING WATER Drive #1601, Fleming Island, FL 32003, Fleming Island, FL 32003
$289,900
Estimate®:$246,900
Listing Price
1500 CALMING WATER Drive #1601, Fleming Island, FL 32003
Loc: Fleming Island, FL
Days Listed
0
Tax Assessed
$272k
Estimate®
$247k
Market Rate
Rent Estimate
$1,985/mo
Est. Cash Flow base
Type
condo
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
Thunderbolt Elementary School
PK-6
0.4 mi away
8
Green Cove Springs Junior High School
7-8
6.5 mi away
8
Fleming Island High School
PK,9-12
0.5 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
suburbanstucco exteriortwo-storyattached garagegabled porchresidentialmanicured landscapingsingle-family homeneutral colorstraditional designdrivewaylow maintenancecozy aesthetic
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.79%
Total ROI
62.9%
Cash Flow
$-348/mo
DSCR
0.77
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-348/mo net cash flow with a 4.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Fleming Island, 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 |
|---|---|---|---|
| 2026-09-25 | Listed for sale | $289,900 | $160 |
| 2020-01-29 | Sold | $165,000 | $91 |
| 2020-01-02 | Pending sale | $169,500 | $93 |
| 2019-12-30 | Listed for sale | $169,500 | $93 |
| 2019-12-09 | Pending sale | $169,500 | $93 |
| 2019-12-01 | Price change | $169,500 | $93 |
| 2019-11-19 | Listed for sale | $172,500 | $95 |
| 2016-02-09 | Sold | $127,000 | $70 |
| 2015-12-03 | Pending sale | $129,900 | $71 |
| 2015-11-16 | Price change | $129,900 | $71 |
| 2015-10-29 | Price change | $133,800 | $74 |
| 2015-10-21 | Price change | $133,900 | $74 |
| 2015-10-08 | Price change | $134,400 | $74 |
| 2015-09-29 | Price change | $134,900 | $74 |
| 2015-08-29 | Listed for sale | $139,900 | $77 |
| 2015-07-29 | Sold | $90,000 | $50 |
| 2015-06-19 | Price change | $101,970 | $56 |
| 2015-04-17 | Listed for sale | $113,300 | $62 |
| 2012-05-02 | Listing removed | $79,900 | $44 |
| 2012-04-10 | Listed for sale | $79,900 | $44 |
| 2009-10-19 | Sold | $117,500 | $65 |
| 2009-07-05 | Listing removed | $130,000 | $72 |
| 2009-05-13 | Price change | $130,000 | $72 |
| 2009-03-29 | Listed for sale | $1,100 | $1 |
| 2007-01-26 | Sold | $179,600 | $99 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $0 | $271,885 |
| 2024 | $4,660.32 | $267,576 |
| 2023 | $4,416.7 | $252,276 |
| 2022 | $3,915.3 | $201,060 |
| 2021 | $3,480.53 | $157,064 |
| 2020 | $3,357.81 | $152,850 |
| 2019 | $3,357.81 | $128,215 |
| 2018 | $2,396.23 | $125,824 |
| 2017 | $2,190.56 | $123,236 |
| 2016 | $2,164.35 | $113,190 |
| 2015 | $2,624.88 | $106,981 |
| 2014 | $2,572.38 | $86,860 |
| 2013 | $0 | $67,937 |
| 2012 | $0 | $67,883 |
| 2011 | $0 | $68,539 |
| 2010 | $0 | $86,782 |
| 2009 | $0 | $103,215 |
| 2008 | $0 | $109,242 |
| 2007 | $0 | $146,846 |
| 2006 | $0 | $24,000 |
| 2005 | $0 | $20,000 |
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