For SaleRisky Deal524 days on market
111 CHERRY Street
111 CHERRY Street, Neptune Beach, FL 32266, Neptune Beach, FL 32266
$2,500,000
Estimate®:$2,326,800
Listing Price
111 CHERRY Street, Neptune Beach, FL 32266
Loc: Neptune Beach, FL
Days Listed
524
Tax Assessed
$1674k
Estimate®
$2327k
Market Rate
Lot Size
4,356 sqft
Rent Estimate
$7,706/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
1.2 mi away
7
Duncan U. Fletcher Middle School
6-8
1.1 mi away
5
Duncan U. Fletcher High School
9-12
1 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
beachfrontocean viewterracepaver patiohot tubsunsetcoastaldeckrailingvacation homeoutdoor livingwaterfront propertyluxury
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.59%
Total ROI
-6.6%
Cash Flow
$-9,655/mo
DSCR
0.26
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-9,655/mo net cash flow with a 1.6% 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 |
|---|---|---|---|
| 2026-07-12 | Price change | $2,500,000 | $838 |
| 2026-04-02 | Price change | $2,775,000 | $930 |
| 2026-02-23 | Price change | $2,875,000 | $963 |
| 2025-10-30 | Price change | $2,975,000 | $997 |
| 2025-04-18 | Listed for sale | $3,250,000 | $1,089 |
| 2011-07-27 | Listing removed | $385,000 | $129 |
| 2011-04-08 | Listed for sale | $385,000 | $129 |
| 2011-03-02 | Listing removed | $385,000 | $129 |
| 2011-01-27 | Listed for sale | $385,000 | $129 |
| 2010-12-30 | Sold | $385,000 | $129 |
| 2010-07-03 | Price change | $499,900 | $168 |
| 2010-06-24 | Price change | $510,000 | $171 |
| 2010-05-20 | Price change | $540,000 | $181 |
| 2009-09-06 | Listed for sale | $560,000 | $188 |
| 2008-07-11 | Listing removed | $895,000 | $300 |
| 2008-02-11 | Price change | $895,000 | $300 |
| 2007-11-11 | Price change | $900,000 | $302 |
| 2007-11-09 | Listed for sale | $1,200,000 | $402 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $13,838.84 | $818,325 |
| 2024 | $13,528.44 | $795,263 |
| 2023 | $13,180.89 | $772,100 |
| 2022 | $12,104.1 | $749,612 |
| 2021 | $12,057.64 | $727,779 |
| 2020 | $11,954.79 | $717,731 |
| 2019 | $11,843.5 | $701,595 |
| 2018 | $11,713.15 | $688,514 |
| 2017 | $11,713.15 | $674,353 |
| 2016 | $11,591.66 | $660,483 |
| 2015 | $11,549.03 | $655,892 |
| 2014 | $11,670.55 | $641,863 |
| 2013 | $0 | $484,995 |
| 2012 | $0 | $321,718 |
| 2011 | $0 | $387,241 |
| 2010 | $0 | $397,637 |
| 2009 | $0 | $408,429 |
| 2006 | $0 | $458,590 |
| 2005 | $8,018.9 | $440,966 |
| 2004 | $0 | $351,716 |
| 2003 | $5,137.11 | $270,366 |
| 2002 | $0 | $267,816 |
| 2001 | $0 | $219,514 |
| 2000 | $0 | $210,012 |
| 1999 | $0 | $115,300 |
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