For SaleRisky Deal91 days on market
1842 STRAND Street
1842 STRAND Street, Neptune Beach, FL 32266, Neptune Beach, FL 32266
$3,875,000
Estimate®:$3,661,500
Listing Price
1842 STRAND Street, Neptune Beach, FL 32266
Loc: Neptune Beach, FL
Days Listed
91
Tax Assessed
$2722k
Estimate®
$3662k
Market Rate
Lot Size
6,970 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Neptune Beach Elementary School
PK-5
1.3 mi away
7
Duncan U. Fletcher Middle School
6-8
0.4 mi away
5
Duncan U. Fletcher High School
9-12
0.6 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
beachfrontcoastaltwo-storyshingle-stylegarageocean-viewlandscaped lawnresidentialcontemporaryvacation homewalkwaypalm treeupscaledriveway
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.10%
Total ROI
91.5%
Cash Flow
$-398/mo
DSCR
0.98
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-398/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • Strong rental demand in Neptune Beach
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 |
|---|---|---|---|
| 2026-06-26 | Listed for sale | $3,875,000 | $1,287 |
| 2025-04-15 | Listing removed | $3,775,000 | $1,253 |
| 2025-03-05 | Listed for sale | $3,775,000 | $1,253 |
| 2021-08-16 | Sold | $2,650,000 | $880 |
| 2021-04-24 | Listing removed | $0 | – |
| 2020-10-23 | Listed for sale | $2,895,000 | $961 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $47,763.41 | $2,722,476 |
| 2024 | $53,562.26 | $3,026,815 |
| 2023 | $41,822.23 | $2,319,475 |
| 2022 | $38,469.57 | $2,248,998 |
| 2021 | $25,997.49 | $1,479,173 |
| 2020 | $24,216.94 | $1,369,543 |
| 2019 | $23,548.98 | $1,283,110 |
| 2018 | $21,110.67 | $1,166,464 |
| 2017 | $21,110.67 | $1,161,673 |
| 2016 | $21,265.82 | $1,144,716 |
| 2015 | $21,336.71 | $1,056,667 |
| 2014 | $20,042.96 | $1,037,134 |
| 2013 | $0 | $971,697 |
| 2012 | $0 | $981,657 |
| 2011 | $0 | $996,972 |
| 2010 | $0 | $1,274,739 |
| 2009 | $0 | $1,314,428 |
| 2006 | $0 | $1,304,676 |
| 2005 | $18,582.2 | $1,021,856 |
| 2004 | $0 | $998,310 |
| 2003 | $13,504.9 | $710,764 |
| 2002 | $0 | $705,680 |
| 2001 | $0 | $599,525 |
| 2000 | $0 | $578,870 |
| 1999 | $0 | $340,915 |
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