For SaleRisky Deal155 days on market
5601 Sea Spray Dr
5601 Sea Spray Dr, Perdido Key, FL 32507, Perdido Key, FL 32507
$349,000
Listing Price
5601 Sea Spray Dr, Perdido Key, FL 32507
Loc: Perdido Key, FL
Days Listed
155
Tax Assessed
$230k
Lot Size
0.41 acres
Rent Estimate
$1,906/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.
7
Hellen Caro Elementary School
PK-5
2.5 mi away
5
Jim C. Bailey Middle School
6-8
2.7 mi away
3
Escambia High School
9-12
11.1 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
SingleFamily1992Heat pump, GasCentral2 Parking spaces0.41 Acres156 Days$257
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.80%
Total ROI
41.4%
Cash Flow
$-706/mo
DSCR
0.61
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-706/mo net cash flow with a 3.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Perdido Key, 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 |
|---|---|---|---|
| 2026-08-17 | Price change | $349,000 | $257 |
| 2026-07-27 | Price change | $374,000 | $276 |
| 2026-07-09 | Price change | $385,000 | $284 |
| 2026-06-10 | Price change | $399,000 | $294 |
| 2026-05-09 | Price change | $494,000 | $364 |
| 2026-04-22 | Listed for sale | $495,000 | $365 |
| 2018-08-21 | Sold | $200,000 | $147 |
| 2018-08-04 | Listed for sale | $194,900 | $144 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $3,100.57 | $230,040 |
| 2023 | $3,021.62 | $218,351 |
| 2022 | $2,849.63 | $210,137 |
| 2021 | $2,629.66 | $180,858 |
| 2020 | $2,412.84 | $167,958 |
| 2019 | $2,344.38 | $161,547 |
| 2018 | $2,344.38 | $85,965 |
| 2017 | $0 | $84,197 |
| 2016 | $773.88 | $82,466 |
| 2015 | $763.07 | $81,893 |
| 2014 | $763.07 | $81,244 |
| 2013 | $0 | $80,044 |
| 2012 | $0 | $78,706 |
| 2011 | $0 | $76,414 |
| 2010 | $0 | $75,285 |
| 2009 | $0 | $73,306 |
| 2008 | $0 | $73,233 |
| 2007 | $0 | $71,100 |
| 2006 | $0 | $69,370 |
| 2005 | $0 | $67,350 |
| 2004 | $0 | $65,390 |
| 2003 | $0 | $64,170 |
| 2002 | $0 | $62,670 |
| 2001 | $0 | $61,680 |
| 2000 | $0 | $59,880 |
| 1999 | $0 | $58,310 |
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