OFF_MARKETRisky Deal21 days on market

351 Colony Key Circle

351 Colony Key Circle, Atlantis, FL 33462, Atlantis, FL 33462
$689,900
Zestimate®:$685,900

Listing Price

Property image 1
351 Colony Key Circle, Atlantis, FL 33462
Loc: Atlantis, FL
Days Listed
21
Tax Assessed
$410k
Zestimate®
$686k
Market Rate
Lot Size
8,712 sqft
Rent Estimate
$3,383/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.

4

Starlight Cove Elementary School

PK-5
0.7 mi away
5

Tradewinds Middle School

6-8
1.7 mi away
4

Santaluces Community High School

PK,9-12
1.3 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
4.26%
Total ROI
10.9%
Cash Flow
$-1,041/mo
DSCR
0.70
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-04-24Sold$685,000$314
2026-03-21Pending sale$689,900$317
2026-02-27Listed for sale$689,900$317
2022-06-28Sold$513,000$235
2022-06-06Pending sale$529,000$243
2022-05-27Contingent$529,000$243
2022-05-23Listed for sale$529,000$243
1998-12-09Sold$187,000$86
1996-03-22Sold$189,000$87

Tax History

YearProperty TaxTax Assessment
2025$7,561$390,864
2024$6,783$379,848
2023$6,751$368,784
2022$6,261$285,076
2021$5,784$259,160
2020$5,443.84$240,715
2019$5,576.06$243,515
2018$5,576.06$229,729
2017$5,156.81$217,234
2016$4,947.08$224,565
2015$5,327.23$204,150
2014$4,553.64$185,591
2013$4,148.11$168,719
2012$4,129.55$169,496
2011$3,895.41$155,786
2010$4,150.53$168,111
2009$4,361.43$187,811
2008$5,351.02$252,952
2007$6,432.7$314,478
2006$7,033.21$323,034
2005$0$220,157
2004$2,732.13$192,714
2003$137.05$159,343
2002$3,670.66$148,909
2001$3,070.65$122,226
2000$3,070.28$122,226
1999$2,741.5$113,339
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
2
Sq Ft
2,179
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $689,900Rent Basis: Observed Comp Model ($3,383/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $345/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.35%

NOI: $23,100/yr

Cash-on-Cash Yield
-12.5%

On $158,677 invested

DSCR Ratio
0.54x

Negative debt coverage

5-Yr Leveraged ROI
+31.6%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$335/mo
Homeowner / Hazard Insurance-$345/mo
Vacancy Reserve (5% of rent)-$169/mo
Repairs & Maintenance (10% of rent)-$338/mo
Property Management (8% of rent)-$271/mo
Total Pure Operating Expenses-$1,458/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,383/mo
Less: Operating Expenses-$1,458/mo
Net Operating Income (NOI)+$1,925/mo
Less: Debt Service (30yr @ 6.75%)-$3,580/mo
Net Cash Flow
$-1,655/mo
$-19,857/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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