For SaleRisky Deal0 days on market
509 Pelican Bay Dr
509 Pelican Bay Dr, Daytona Beach, FL 32119, Daytona Beach, FL 32119
$524,000
Estimate®:$502,700
Listing Price
509 Pelican Bay Dr, Daytona Beach, FL 32119
Loc: Daytona Beach, FL
Days Listed
0
Tax Assessed
$354k
Estimate®
$503k
Market Rate
Lot Size
0.58 acres
Rent Estimate
$3,078/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.
5
South Daytona Elementary School
PK-5
2.4 mi away
4
Silver Sands Middle School
6-8
2.5 mi away
5
Atlantic High School
PK,9-12
1.3 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
Single Family Residence, Residential1981CentralCentral Air2 Attached Garage spaces$1,000 annually0.58 Acres0$196
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.16%
Total ROI
49.4%
Cash Flow
$-900/mo
DSCR
0.67
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-900/mo net cash flow with a 4.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Daytona 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 | $524,000 | $196 |
| 2026-05-01 | Sold | $275,000 | $103 |
| 2026-04-13 | Pending sale | $270,000 | $101 |
| 2026-04-11 | Listed for sale | $270,000 | $101 |
| 2019-09-17 | Sold | $269,900 | $101 |
| 2019-06-28 | Price change | $269,900 | $101 |
| 2019-05-22 | Price change | $274,900 | $103 |
| 2019-04-08 | Price change | $279,900 | $105 |
| 2019-03-06 | Price change | $289,900 | $109 |
| 2019-01-25 | Listed for sale | $299,900 | $112 |
| 2017-10-05 | Listing removed | $269,900 | $101 |
| 2017-09-28 | Listing removed | $2,000 | $1 |
| 2017-09-15 | Listed for rent | $2,000 | $1 |
| 2017-07-10 | Price change | $269,900 | $101 |
| 2016-09-22 | Listed for sale | $299,900 | $112 |
| 2016-08-11 | Listing removed | $2,200 | $1 |
| 2016-04-22 | Listing removed | $2,300 | $1 |
| 2016-03-18 | Listed for rent | $2,300 | $1 |
| 2014-05-09 | Listing removed | $2,200 | $1 |
| 2014-03-06 | Price change | $2,200 | $1 |
| 2014-03-01 | Listed for rent | $2,000 | $1 |
| 2014-02-14 | Sold | $152,000 | $57 |
| 2013-12-13 | Listed for sale | $160,000 | $60 |
| 2013-11-27 | Sold | $135,200 | $51 |
| 1995-08-03 | Sold | $120,000 | $45 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,427.56 | $233,094 |
| 2024 | $3,333.32 | $226,525 |
| 2023 | $3,181.68 | $219,928 |
| 2022 | $3,108.77 | $213,522 |
| 2021 | $0 | $207,303 |
| 2020 | $3,137.16 | $204,441 |
| 2019 | $3,137.16 | $193,218 |
| 2018 | $3,800.15 | $191,909 |
| 2017 | $3,907.3 | $206,260 |
| 2016 | $4,233.55 | $178,798 |
| 2015 | $3,981.3 | $164,518 |
| 2014 | $3,845.02 | $151,670 |
| 2013 | $0 | $141,704 |
| 2012 | $0 | $139,335 |
| 2011 | $0 | $136,020 |
| 2010 | $0 | $134,010 |
| 2009 | $0 | $130,487 |
| 2007 | $0 | $126,560 |
| 2006 | $0 | $127,177 |
| 2005 | $0 | $119,877 |
| 2004 | $0 | $116,385 |
| 2003 | $0 | $114,215 |
| 2002 | $0 | $111,538 |
| 2001 | $0 | $109,782 |
| 2000 | $0 | $106,585 |
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