For SaleRisky Deal0 days on market
2531 WATERS EDGE Drive
2531 WATERS EDGE Drive, Neptune Beach, FL 32266, Neptune Beach, FL 32266
$375,000
Estimate®:$228,500
Listing Price
2531 WATERS EDGE Drive, Neptune Beach, FL 32266
Loc: Neptune Beach, FL
Days Listed
0
Tax Assessed
$117k
Estimate®
$229k
Market Rate
Lot Size
10,454 sqft
Rent Estimate
$1,991/mo
Est. Cash Flow base
Type
townhouse
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
Neptune Beach Elementary School
PK-5
0.7 mi away
7
Duncan U. Fletcher Middle School
6-8
1.8 mi away
5
Duncan U. Fletcher 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
duplextwo-storystucco exteriorgabled roofasphalt shinglesteal front doorspalm treesgravel drivewayresidentialsuburbansymmetrical designmulti-familyshaded entryways
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
4.00%
Total ROI
45.8%
Cash Flow
$-696/mo
DSCR
0.64
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-696/mo net cash flow with a 4.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Neptune Beach, 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 | $375,000 | $419 |
| 2026-09-21 | Listing removed | $1,949 | $2 |
| 2026-09-02 | Price change | $1,949 | $2 |
| 2026-07-16 | Listed for rent | $2,000 | $2 |
| 2024-06-07 | Listing removed | $0 | – |
| 2024-04-20 | Listed for rent | $1,900 | $2 |
| 2020-08-07 | Listing removed | $1,200 | $1 |
| 2020-07-28 | Listed for rent | $1,200 | $1 |
| 2020-03-02 | Sold | $147,500 | $165 |
| 2018-09-07 | Sold | $57,200 | $64 |
| 1998-05-12 | Sold | $55,000 | $61 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,079.3 | $116,709 |
| 2024 | $1,963.98 | $109,475 |
| 2023 | $2,692.52 | $149,329 |
| 2022 | $2,375.74 | $137,843 |
| 2021 | $2,202.44 | $125,312 |
| 2020 | $2,472.83 | $139,846 |
| 2019 | $2,502.49 | $139,491 |
| 2018 | $2,206.99 | $121,947 |
| 2017 | $2,206.99 | $114,325 |
| 2016 | $2,092.86 | $104,864 |
| 2015 | $1,954.59 | $104,363 |
| 2014 | $1,947.71 | $92,432 |
| 2013 | $0 | $87,036 |
| 2012 | $0 | $87,752 |
| 2011 | $0 | $112,194 |
| 2010 | $0 | $120,569 |
| 2009 | $0 | $131,335 |
| 2006 | $0 | $123,307 |
| 2005 | $2,068 | $113,721 |
| 2004 | $0 | $95,159 |
| 2003 | $981.48 | $51,655 |
| 2002 | $0 | $50,042 |
| 2001 | $0 | $50,042 |
| 2000 | $0 | $48,034 |
| 1999 | $0 | $50,560 |
Similar Properties Nearby
Explore other investment opportunities in Neptune Beach.