For SaleRisky Deal173 days on market
16029 Emerald Cove Rd
16029 Emerald Cove Rd, Fort Lauderdale, FL 33331, Fort Lauderdale, FL 33331
$485,000
Listing Price
16029 Emerald Cove Rd, Fort Lauderdale, FL 33331
Loc: Fort Lauderdale, FL
Days Listed
173
Tax Assessed
$449k
Lot Size
1,369 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.
10
Everglades Elementary School
PK-5
1.8 mi away
9
Falcon Cove Middle School
6-8
2.1 mi away
8
Cypress Bay High School
9-12
2.2 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
Mediterraneanstucco exteriorgated communityresidential signtropical landscapingpalm treestile roofplanned communitysuburbanwell-maintainedFlorida architectureEmerald CourtWeston
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.88%
Total ROI
86.7%
Cash Flow
$-139/mo
DSCR
0.94
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-139/mo net cash flow with a 5.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.9%)
- • Strong rental demand in Fort Lauderdale
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 |
|---|---|---|---|
| 2026-09-19 | Price change | $485,000 | $316 |
| 2026-08-31 | Listed for sale | $495,000 | $323 |
| 2026-08-15 | Listing removed | $515,000 | $336 |
| 2026-06-01 | Price change | $515,000 | $336 |
| 2026-04-05 | Listed for sale | $530,000 | $346 |
| 2016-10-28 | Listing removed | $2,100 | $1 |
| 2013-11-15 | Listing removed | $1,900 | $1 |
| 2013-10-16 | Listed for rent | $1,900 | $1 |
| 2013-05-12 | Listing removed | $1,900 | $1 |
| 2013-03-16 | Listed for rent | $1,900 | $1 |
| 2012-03-21 | Listing removed | $1,850 | $1 |
| 2012-01-31 | Listed for rent | $1,850 | $1 |
| 2012-01-09 | Sold | $177,000 | $115 |
| 2011-12-04 | Listed for sale | $179,900 | $117 |
| 2011-09-30 | Listing removed | $245,000 | $160 |
| 2011-02-25 | Listed for sale | $245,000 | $160 |
| 2010-10-27 | Listing removed | $285,900 | $186 |
| 2010-10-01 | Listed for sale | $285,900 | $186 |
| 2005-08-30 | Sold | $310,000 | $202 |
| 1996-04-29 | Sold | $109,000 | $71 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $8,348.63 | $406,630 |
| 2024 | $7,725.63 | $369,670 |
| 2023 | $7,123.74 | $336,070 |
| 2022 | $6,117.13 | $305,520 |
| 2021 | $5,692.06 | $277,750 |
| 2020 | $5,448.46 | $265,840 |
| 2019 | $5,405.37 | $263,430 |
| 2018 | $5,405.37 | $239,490 |
| 2017 | $4,897.43 | $227,580 |
| 2016 | $4,507.04 | $209,950 |
| 2015 | $4,398.21 | $190,870 |
| 2014 | $4,242.31 | $173,520 |
| 2013 | $3,958.28 | $157,870 |
| 2012 | $3,177.71 | $143,410 |
| 2011 | $2,584.46 | $147,490 |
| 2010 | $2,967.94 | $163,510 |
| 2009 | $3,439.49 | $197,120 |
| 2008 | $4,528.6 | $265,010 |
| 2007 | $4,871.64 | $266,910 |
| 2006 | $4,850.75 | $260,400 |
| 2005 | $0 | $108,840 |
| 2004 | $2,238.4 | $105,670 |
| 2003 | $2,207.11 | $103,700 |
| 2002 | $2,196.13 | $101,270 |
| 2001 | $2,129.51 | $99,680 |
| 2000 | $1,964.15 | $0 |
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