For SaleRisky Deal8 days on market
616 Bay Cliffs Rd
616 Bay Cliffs Rd, Gulf Breeze, FL 32561, Gulf Breeze, FL 32561
$2,799,999
Listing Price
616 Bay Cliffs Rd, Gulf Breeze, FL 32561
Loc: Gulf Breeze, FL
Days Listed
8
Tax Assessed
$1843k
Lot Size
0.71 acres
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.
9
Gulf Breeze Elementary School
PK-5
0.8 mi away
8
Gulf Breeze Middle School
6-8
0.8 mi away
7
Gulf Breeze High School
9-12
0.8 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
colonialbrick exteriortraditional architecturesymmetrical designdormer windowsformal gardensrose gardenbrick walkwaywrought iron fencestatelyestateshuttered windowsgable roof
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.15%
Total ROI
92.5%
Cash Flow
$-186/mo
DSCR
0.99
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-186/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • Strong rental demand in Gulf Breeze
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 |
|---|---|---|---|
| 2026-09-15 | Listed for sale | $2,799,999 | $503 |
| 2026-09-01 | Listing removed | $2,999,999 | $539 |
| 2026-06-08 | Listed for sale | $2,999,999 | $539 |
| 2024-12-06 | Listing removed | $2,900,000 | $521 |
| 2024-08-10 | Price change | $2,900,000 | $521 |
| 2024-05-24 | Price change | $2,950,000 | $530 |
| 2024-04-20 | Listed for sale | $3,200,000 | $575 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $14,730.68 | $1,342,913 |
| 2024 | $24,009.6 | $1,798,862 |
| 2023 | $10,114.55 | $787,120 |
| 2022 | $9,890.39 | $764,194 |
| 2021 | $9,835.4 | $741,936 |
| 2020 | $9,796.3 | $731,692 |
| 2019 | $9,592.9 | $715,241 |
| 2018 | $9,592.9 | $701,905 |
| 2017 | $9,526.37 | $687,468 |
| 2016 | $9,526.37 | $673,328 |
| 2015 | $9,486.13 | $668,647 |
| 2014 | $9,649.92 | $663,340 |
| 2013 | $0 | $653,537 |
| 2012 | $0 | $642,613 |
| 2011 | $0 | $623,896 |
| 2010 | $0 | $614,676 |
| 2009 | $0 | $598,516 |
| 2008 | $0 | $597,918 |
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