For SaleRisky Deal35 days on market
509 PENMAN Road
509 PENMAN Road, Neptune Beach, FL 32266, Neptune Beach, FL 32266
$685,000
Estimate®:$668,300
Listing Price
509 PENMAN Road, Neptune Beach, FL 32266
Loc: Neptune Beach, FL
Days Listed
35
Tax Assessed
$440k
Estimate®
$668k
Market Rate
Lot Size
0.25 acres
Rent Estimate
$3,408/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
Neptune Beach Elementary School
PK-5
0.5 mi away
7
Duncan U. Fletcher Middle School
6-8
1.1 mi away
5
Duncan U. Fletcher High School
9-12
0.9 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 storywhite exteriormid-century modern inspirationcarportcovered porchlandscaped lawnflagpoleoutdoor accent lightingpainted bricksuburbanwell-maintainedlow profile roofline
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.37%
Total ROI
32.0%
Cash Flow
$-1,632/mo
DSCR
0.54
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,632/mo net cash flow with a 3.4% 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 |
|---|---|---|---|
| 2026-08-21 | Price change | $685,000 | $338 |
| 2026-07-30 | Price change | $699,990 | $346 |
| 2026-07-22 | Price change | $705,000 | $348 |
| 2026-07-09 | Price change | $720,000 | $356 |
| 2026-06-19 | Listed for sale | $735,000 | $363 |
| 2026-04-06 | Sold | $448,000 | $221 |
| 2026-03-18 | Pending sale | $499,000 | $247 |
| 2026-02-20 | Listed for sale | $499,000 | $247 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,276.98 | $113,240 |
| 2024 | $1,235.78 | $110,049 |
| 2023 | $1,185.72 | $106,844 |
| 2022 | $1,056.21 | $103,733 |
| 2021 | $1,036.49 | $100,712 |
| 2020 | $1,019.77 | $99,322 |
| 2019 | $998.54 | $97,089 |
| 2018 | $976.79 | $95,279 |
| 2017 | $976.79 | $93,320 |
| 2016 | $955.15 | $91,401 |
| 2015 | $941.73 | $90,766 |
| 2014 | $951.16 | $90,046 |
| 2013 | $0 | $88,716 |
| 2012 | $0 | $87,234 |
| 2011 | $0 | $84,694 |
| 2010 | $0 | $83,443 |
| 2009 | $0 | $81,250 |
| 2006 | $0 | $76,883 |
| 2005 | $902.77 | $74,644 |
| 2004 | $0 | $72,470 |
| 2003 | $876.31 | $71,119 |
| 2002 | $0 | $69,452 |
| 2001 | $0 | $68,358 |
| 2000 | $0 | $66,367 |
| 1999 | $0 | $64,622 |
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