1712 Tallahassee Dr · Daytona Beach, FL 32117

$243,000

3 bd · 2.0 ba · 1,169 sqft · SingleFamily public records · 72 Days on market

Built 1960 7,000 sqft lot

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +14.0/30.0
• ARV discount +7.5/15.0
• DSCR +4.3/10.0
• Livability +4.2/5.0
• Schools +3.9/10.0
• 1% rule +3.6/10.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to your next home a beautifully maintained move in ready 3 bedroom 2 bathroom residence with NO HOA offering the perfect blend of comfort functionality and freedom From the moment you arrive you will notice the inviting curb appeal and the pride of ownership that truly sets this home apart Step inside to a thoughtfully designed layout with a seamless flow between the living dining and kitchen areas ideal for both everyday living and entertaining Natural light fills the space creating a bright open and welcoming atmosphere throughout The kitchen serves as the heart of the home featuring newer appliances ample cabinetry and generous counter space perfect for cooking hosting or enjoying your morning coffee The kitchen and bathrooms have been upgraded adding a modern touch and enhancing the overall appeal of the home This property has been exceptionally well maintained with key upgrades already completed including brand new windows newer AC system and water heater giving buyers peace of mind and true move in readiness In addition the home has had recent AC duct cleaning improving air quality and system efficiency Even more value this home comes with ongoing termite maintenance offering an extra layer of protection and confidence for the next owner Step outside to a spacious yard with endless possibilities whether you are looking to entertain relax or create your own outdoor oasis And with NO HOA you will enjoy the flexibility to truly make this property your own bring your toys customize freely and live without extra restrictions or fees Conveniently located near shopping dining schools and major roadways this home offers both accessibility and a quiet comfortable neighborhood feel Whether you are a first time buyer upgrading or investing this property checks all the boxes and stands out from the rest Turnkey updated and packed with value schedule your private showing today before it is gone move in ready 3 bed 2 bath upgraded kitchen and bathrooms newer appliances brand new windows newer AC system water heater clean ducts termite maintenance included fully upgraded clean and turnkey more freedom no extra fees this one is loaded with value do not miss it

Key facts

• Newer appliances
• Upgraded kitchen
• Move in ready

Tags

• MOVE IN READY
• NO HOA
• UPGRADED KITCHEN
• NEWER APPLIANCES
• BRAND NEW WINDOWS
• NEWER AC SYSTEM

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $243k.

Deal economics

• At list price, monthly cash flow is $32 ($387/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $209k (14.0% below list).
• Recommended offer: $209k (14.0% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 83/100 on livability (#46 in FL, #867 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment D-.
• Volusia (suburban): math 44% / reading 49% proficiency, ranked #47 of 73 in FL (top 64%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Champion Elementary School (math 39% / reading 44%, grade F, #1,437 of 2,144 statewide, top 68%, 584 students, 70% FRL); David C. Hinson Sr. Middle School (math 52% / reading 49%, grade C, #246 of 571 statewide, top 44%, 950 students, 52% FRL); Mainland High School (math 30% / reading 37%, grade F, #400 of 667 statewide, top 61%, 1,855 students, 64% FRL).
• Market conditions: Rents rising (+1.0%/yr); 333 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 3,402 units permitted in Volusia County in 2024 (681 in 5+ unit buildings).
• This rent runs 44% of the median local income ($56k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Volusia County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 72 days — a 6% lower offer ($228k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $40k; list at $243k implies a 508% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $208,932 (14.0% below list)

Questions for the listing agent

1. It's been on market 72 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
2. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.86% ✗
• Cap rate: 6.45%
• Cash-on-cash: 0.57%
• DSCR: 1.03
• GRM: 9.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.01% rent growth · sell at horizon

5-year hold

• IRR: -17.6%
• Equity multiple: 0.39×
• Total profit: $-41,431
• Equity at exit: $36,232

10-year hold

• IRR: -13.8%
• Equity multiple: 0.27×
• Total profit: $-49,631
• Equity at exit: $21,010

Cash invested: $68,040 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32117

• Home prices YoY: -8.2%
• Rents YoY: 1.0%
• Active inventory: 333
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $2,089 high
• Mortgage (P&I): −$1,274
• Tax from tax record: −$243 /mo · $2,913/yr
• Insurance: −$101
• HOA: −$0
• Vacancy / Maint / Mgmt: −$439
• Net cashflow: $32

Break-even live

Break-even rent $2,049

Max offer price $243,000

Occupancy floor 93%

Sensitivity live

Price	-10% $170	-5% $101	+0% $32	+5% $-37	+10% $-105
Rent	-10% $-133	-5% $-50	+0% $32	+5% $115	+10% $197
Rate	-1.0pp $155	-0.5pp $94	base $32	+0.5pp $-31	+1.0pp $-95

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $60,750
• Closing costs: $7,290
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1435 Atlanta Dr Daytona Beach, FL	3.0	1.0	1200	$1,800	$1.50	25d	1	0.09mi
1615 Derbyshire Rd Daytona Beach, FL	3.0	1.5	1000	$1,950	$1.95	16d	1	0.09mi
1235 Alcazar St Daytona Beach, FL	3.0	2.0	1498	$2,100	$1.40	25d	1	0.11mi
1420 Alabama Ave Daytona Beach, FL	4.0	2.0	1367	$1,824	$1.33	21d	1	0.18mi
1512 Richmond Ave Unit 1546284P Daytona Beach, FL	3.0	2.0	1173	$3,226	$2.75	16d	1	0.18mi
108 San Mardeen Ct Daytona Beach, FL	3.0	2.0	1500	$2,650	$1.77	25d	1	0.36mi
1767 Valencia Ave Ormond Beach, FL	4.0	2.0	1216	$2,100	$1.73	25d	1	0.36mi
1707 Evergreen St Ormond Beach, FL	2.0	1.0	868	$1,750	$2.02	25d	1	0.48mi
1559 Hammock Dr Unit B Holly Hill, FL	2.0	1.5	1100	$1,375	$1.25	16d	1	0.60mi
1575 Megan Bay Cir Daytona Beach, FL	3.0	2.0	1232	$1,800	$1.46	25d	1	0.63mi
1563 Hancock Ln Daytona Beach, FL	2.0	2.0	912	$1,475	$1.62	13d	1	0.77mi
946 15th St Daytona Beach, FL	2.0	2.0	1010	$1,500	$1.49	25d	1	0.83mi
101 Claysburg LN Holly Hill, FL	1.0–3.0	1.0–2.0	1163	$2,800	$2.41	16d	25	0.96mi
100 Windflower LN Daytona Beach, FL	1.0–3.0	1.0–2.0	1021	$2,516	$2.46	13d	63	0.96mi
1600 Lpga Blvd Daytona Beach, FL	1.0–3.0	1.0–2.0	1045	$2,622	$2.51	13d	21	1.02mi
900 LPGA Blvd Daytona Beach, FL	1.0–2.0	1.0–2.0	885	$1,495	$1.69	16d	14	1.03mi
100 Integra Shores Dr Daytona Beach, FL	2.0–3.0	2.0	1126	$1,725	$1.53	13d	6	1.13mi
1224 10th St Daytona Beach, FL	3.0	1.0	1284	$1,550	$1.21	16d	1	1.14mi
638 LPGA Blvd Unit B Daytona Beach, FL	3.0	2.0	1111	$2,490	$2.24	25d	1	1.34mi
1851 Lpga Blvd Daytona Beach, FL	1.0–3.0	1.0–3.0	966	$2,516	$2.60	13d	49	1.35mi
1500 Alexis AVE Daytona Beach, FL	1.0–3.0	1.0–2.0	1003	$2,205	$2.20	13d	32	1.35mi
1014 Indian Oaks E Daytona Beach, FL	3.0	2.0	1500	$2,650	$1.77	25d	1	1.43mi
1262 Essex Rd Daytona Beach, FL	3.0	2.0	1500	$1,900	$1.27	25d	1	1.44mi

Listing history 19 events

1. 2026-06-22
   days on market $243,000 Active 72 DOM
2. 2026-06-18
   days on market $243,000 Active 69 DOM
3. 2026-06-17
   days on market $243,000 Active 68 DOM
4. 2026-06-16
   days on market $243,000 Active 67 DOM
5. 2026-06-15
   days on market $243,000 Active 66 DOM
6. 2026-06-14
   days on market $243,000 Active 64 DOM
7. 2026-06-10
   days on market $243,000 Active 61 DOM
8. 2026-06-09
   days on market $243,000 Active 60 DOM
9. 2026-06-08
   days on market $243,000 Active 59 DOM
10. 2026-06-07
    days on market $243,000 Active 58 DOM
11. 2026-06-05
    days on market $243,000 Active 55 DOM
12. 2026-06-03
    days on market $243,000 Active 54 DOM
13. 2026-06-03
    days on market $243,000 Active 53 DOM
14. 2026-06-01
    days on market $243,000 Active 52 DOM
15. 2026-05-31
    days on market $243,000 Active 51 DOM
16. 2026-05-31
    days on market $243,000 Active 50 DOM
17. 2026-04-10
    listed $243,000 Active 2196-char remark

    Show marketing remark (2196 chars)

    Welcome to your next home a beautifully maintained move in ready 3 bedroom 2 bathroom residence with NO HOA offering the perfect blend of comfort functionality and freedom From the moment you arrive you will notice the inviting curb appeal and the pride of ownership that truly sets this home apart Step inside to a thoughtfully designed layout with a seamless flow between the living dining and kitchen areas ideal for both everyday living and entertaining Natural light fills the space creating a bright open and welcoming atmosphere throughout The kitchen serves as the heart of the home featuring newer appliances ample cabinetry and generous counter space perfect for cooking hosting or enjoying your morning coffee The kitchen and bathrooms have been upgraded adding a modern touch and enhancing the overall appeal of the home This property has been exceptionally well maintained with key upgrades already completed including brand new windows newer AC system and water heater giving buyers peace of mind and true move in readiness In addition the home has had recent AC duct cleaning improving air quality and system efficiency Even more value this home comes with ongoing termite maintenance offering an extra layer of protection and confidence for the next owner Step outside to a spacious yard with endless possibilities whether you are looking to entertain relax or create your own outdoor oasis And with NO HOA you will enjoy the flexibility to truly make this property your own bring your toys customize freely and live without extra restrictions or fees Conveniently located near shopping dining schools and major roadways this home offers both accessibility and a quiet comfortable neighborhood feel Whether you are a first time buyer upgrading or investing this property checks all the boxes and stands out from the rest Turnkey updated and packed with value schedule your private showing today before it is gone move in ready 3 bed 2 bath upgraded kitchen and bathrooms newer appliances brand new windows newer AC system water heater clean ducts termite maintenance included fully upgraded clean and turnkey more freedom no extra fees this one is loaded with value do not miss it

18. 1990-07-01
    soldstatus $40,000
19. 1973-06-01
    soldstatus $18,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $2,913 · $243/mo
• Projected year-2 tax: $2,913 · $243/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥105°F today · 20 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,072
• − Mortgage interest: −$13,612
• − Property taxes: −$2,913
• − Insurance: −$1,215
• − Repairs & maintenance: −$2,006
• − Management: −$2,006
• − Depreciation: −$7,069
• Taxable loss: −$3,749
• Est. tax savings @ 24.0%: +$900
• After-tax cash flow: $1,287/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Volusia
• NCES district ID: 1201920
• Math proficiency: 44% ▼ -9.00%
• Reading proficiency: 49% ▼ -3.00%
• Median HH income: $42,946
• Composite: 39.2/100
• National rank: #4019
• State rank: #47 of 73 in FL

Livability — Daytona Beach

• Score: 83/100
• State rank: #46
• US rank: #867

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime C Employment D- Housing A+ Health & safety A+ User ratings D

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Volusia County · 556,871 people
• City population: 67,539
• Metro: Deltona-Daytona Beach-Ormond Beach, FL
• Population (ZIP): 30,955
• Household income: $56,419
• Rent vs Own: 52.3% rent · 47.7% own
• Severe rent burden: 1781.0

Population outlook (Volusia County) Hauer SSP2

• Today (2025): 572,749 people
• By 2030: 598,695 · +4.5%
• By 2040: 644,880 · +12.6%
• By 2050: 681,451 · +19.0%
• By 2075: 759,957 · +32.7%
• By 2100: 778,902 · +36.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: White 53% Black 27% Hispanic / Latino 10% Two or more races 9% Asian 3%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3%
• Common ancestry: Romanian 2% Lithuanian 2% Slovak 1%
• Foreign-born: 8% · Canada, Vietnam, Jamaica
• Languages at home: 86% English-only · Spanish 8% Vietnamese 1% Other Indo-European 1%

Political lean MEDSL · Volusia

• 2024 margin: Strong R (+21.8) · D 38.7% · R 60.5%
• 2008→2024 swing: -27.4pp toward R · 2008: 5.7pp · 2024: -21.8pp
• All cycles: 2024: R+21.8 2020: R+14.1 2016: R+13.1 2012: R+1.2 2008: D+5.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -96.62%
• Current HPI: 1084.54
• Rent YoY: ▲ 1.01%
• Metro: Deltona-Daytona Beach-Ormond Beach, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+1213.5% since first listed

3 events — show timeline

• 2026-04-10 Listed $243,000 Stellar MLS as Distributed by MLS Grid
• 1990-07-01 Sold (Public Records) $40,000 Public Records
• 1973-06-01 Sold (Public Records) $18,500 Public Records

Property tax history

+16.6%/yr

Latest (2025): $2,913 · +4.2% YoY. Source: county tax records.