Off MarketRisky Deal18 days on market
5122 Terra Lake Cir
5122 Terra Lake Cir, Perdido Key, FL 32507, Perdido Key, FL 32507
$385,000
Listing Price
5122 Terra Lake Cir, Perdido Key, FL 32507
Loc: Perdido Key, FL
Days Listed
18
Tax Assessed
$333k
Lot Size
8,276 sqft
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.
7
Hellen Caro Elementary School
PK-5
1.3 mi away
5
Jim C. Bailey Middle School
6-8
1.3 mi away
3
Escambia High School
9-12
9.2 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
screened-in poollanaioutdoor living spacebrick exteriorbackyard oasisresort-styletropical landscapingcovered patioprivate poolcontemporary stylefenced yardsunroom aestheticcozy seating area
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.94%
Total ROI
88.0%
Cash Flow
$-91/mo
DSCR
0.95
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-91/mo net cash flow with a 5.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.9%)
- • Strong rental demand in Perdido Key
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 |
|---|---|---|---|
| 2021-05-17 | Sold | $285,000 | $141 |
| 2015-09-29 | Listing removed | $1,600 | $1 |
| 2015-09-15 | Listed for rent | $1,600 | $1 |
| 2015-04-28 | Listing removed | $1,400 | $1 |
| 2015-04-24 | Listed for rent | $1,400 | $1 |
| 2011-12-09 | Sold | $205,000 | $101 |
| 2011-10-26 | Price change | $200,000 | $99 |
| 2011-09-21 | Price change | $210,000 | $104 |
| 2011-09-16 | Price change | $209,400 | $103 |
| 2011-09-03 | Listed for sale | $209,900 | $104 |
| 2011-07-29 | Listing removed | $209,400 | $103 |
| 2011-07-28 | Price change | $209,400 | $103 |
| 2011-01-30 | Listed for sale | $209,900 | $104 |
| 2004-06-15 | Sold | $170,900 | $84 |
| 2001-02-21 | Sold | $128,700 | $63 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $3,867.83 | $333,092 |
| 2023 | $3,841.03 | $318,148 |
| 2022 | $3,938.05 | $282,369 |
| 2021 | $1,915.81 | $231,519 |
| 2020 | $1,864.57 | $207,775 |
| 2019 | $1,829.95 | $196,937 |
| 2018 | $1,829.95 | $158,066 |
| 2017 | $1,826.15 | $154,815 |
| 2016 | $1,820.86 | $151,631 |
| 2015 | $1,803.97 | $150,577 |
| 2014 | $1,803.97 | $149,382 |
| 2013 | $0 | $147,175 |
| 2012 | $0 | $149,437 |
| 2011 | $0 | $129,297 |
| 2010 | $0 | $135,478 |
| 2009 | $0 | $138,971 |
| 2008 | $0 | $138,833 |
| 2007 | $0 | $134,790 |
| 2006 | $0 | $165,120 |
| 2005 | $0 | $127,510 |
| 2004 | $0 | $106,470 |
| 2003 | $0 | $104,480 |
| 2002 | $0 | $102,030 |
| 2001 | $0 | $12,900 |
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