For SaleNeutral Deal173 days on market
1 Portofino Dr Suite 1105
1 Portofino Dr Suite 1105, Pensacola Beach, FL 32561, Pensacola Beach, FL 32561
$729,000
Listing Price
1 Portofino Dr Suite 1105, Pensacola Beach, FL 32561
Loc: Pensacola Beach, FL
Days Listed
173
Tax Assessed
$372k
Lot Size
28.00 acres
Type
condo
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.
7
A. K. Suter Elementary School
K-5
8.4 mi away
4
J. H. Workman Middle School
6-8
12.5 mi away
4
Pensacola High School
9-12
10.7 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
Condominium2003CentralCentral Air, Ceiling Fan(s)1 Parking space$18,822 annually173 Days$547
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.29%
Total ROI
95.6%
Cash Flow
$39/mo
DSCR
1.01
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $39/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.3%)
- • Strong rental demand in Pensacola Beach
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 |
|---|---|---|---|
| 2026-04-03 | Listed for sale | $729,000 | $547 |
| 2026-02-18 | Listing removed | $745,000 | $559 |
| 2025-07-16 | Price change | $745,000 | $559 |
| 2025-04-03 | Listed for sale | $775,000 | $581 |
| 2023-11-18 | Listing removed | $0 | – |
| 2023-05-17 | Listed for sale | $799,000 | $599 |
| 2021-05-14 | Sold | $590,000 | $443 |
| 2021-03-18 | Price change | $590,000 | $443 |
| 2021-03-02 | Price change | $575,000 | $431 |
| 2020-12-09 | Listed for sale | $599,000 | $449 |
| 2018-06-29 | Sold | $449,000 | $337 |
| 2018-04-19 | Listed for sale | $449,000 | $337 |
| 2018-01-13 | Listing removed | $449,000 | $337 |
| 2017-01-17 | Listed for sale | $449,000 | $337 |
| 2014-09-30 | Sold | $320,000 | $240 |
| 2011-03-29 | Listed for sale | $345,000 | $259 |
| 2011-02-17 | Listing removed | $345,000 | $259 |
| 2011-01-17 | Listed for sale | $345,000 | $259 |
| 2010-10-04 | Listing removed | $345,000 | $259 |
| 2010-05-21 | Listed for sale | $345,000 | $259 |
| 2009-09-27 | Sold | $515,000 | $386 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $4,968.22 | $371,856 |
| 2023 | $4,753.99 | $354,149 |
| 2022 | $4,328.27 | $307,956 |
| 2021 | $3,938.1 | $267,788 |
| 2020 | $3,681.17 | $252,630 |
| 2019 | $3,614.59 | $245,272 |
| 2018 | $3,614.59 | $358,577 |
| 2017 | $5,194.87 | $323,000 |
| 2016 | $4,783.38 | $297,000 |
| 2015 | $4,481.57 | $262,650 |
| 2014 | $4,481.57 | $296,451 |
| 2013 | $0 | $259,183 |
| 2012 | $0 | $263,637 |
| 2011 | $0 | $266,226 |
| 2010 | $0 | $273,872 |
| 2009 | $0 | $323,246 |
| 2008 | $0 | $368,307 |
| 2007 | $0 | $500,290 |
| 2006 | $0 | $652,870 |
| 2005 | $0 | $512,250 |
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