Off MarketRisky Deal1 days on market
5124 Grumann Dr
5124 Grumann Dr, Perdido Key, FL 32507, Perdido Key, FL 32507
$490,000
Estimate®:$479,300
Listing Price
5124 Grumann Dr, Perdido Key, FL 32507
Loc: Perdido Key, FL
Days Listed
1
Tax Assessed
$365k
Estimate®
$479k
Market Rate
Lot Size
0.25 acres
Rent Estimate
$3,225/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
1.7 mi away
5
Jim C. Bailey Middle School
6-8
1.6 mi away
3
Escambia High School
9-12
8.3 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
Single Family Residence1997Natural GasHeat Pump, Ceiling Fan(s)2 Garage spaces$145 annually0.25 Acres$202
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.75%
Total ROI
62.1%
Cash Flow
$-603/mo
DSCR
0.76
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-603/mo net cash flow with a 4.8% 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 |
|---|---|---|---|
| 2019-03-29 | Sold | $295,000 | $121 |
| 2019-02-08 | Listed for sale | $300,000 | $123 |
| 2016-10-24 | Listing removed | $260,000 | $107 |
| 2016-05-24 | Sold | $260,000 | $107 |
| 2016-05-20 | Listed for sale | $260,000 | $107 |
| 2016-04-01 | Listing removed | $260,000 | $107 |
| 2016-03-28 | Price change | $260,000 | $107 |
| 2016-01-22 | Listed for sale | $270,000 | $111 |
| 2013-02-25 | Sold | $240,000 | $99 |
| 2012-11-26 | Price change | $249,900 | $103 |
| 2012-10-21 | Price change | $259,900 | $107 |
| 2012-08-28 | Listed for sale | $279,900 | $115 |
| 2009-08-31 | Sold | $231,000 | $95 |
| 1997-12-16 | Sold | $130,900 | $54 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $4,818.45 | $365,415 |
| 2023 | $4,743.48 | $379,224 |
| 2022 | $4,311.35 | $333,769 |
| 2021 | $3,886.95 | $271,924 |
| 2020 | $3,486.58 | $246,795 |
| 2019 | $2,559.59 | $233,748 |
| 2018 | $2,559.59 | $212,186 |
| 2017 | $2,557.18 | $207,822 |
| 2016 | $2,552.19 | $193,388 |
| 2015 | $2,386.85 | $192,044 |
| 2014 | $2,386.85 | $190,520 |
| 2013 | $0 | $164,666 |
| 2012 | $0 | $161,914 |
| 2011 | $0 | $170,169 |
| 2010 | $0 | $177,298 |
| 2009 | $0 | $147,962 |
| 2008 | $0 | $147,815 |
| 2007 | $0 | $143,510 |
| 2006 | $0 | $140,010 |
| 2005 | $0 | $135,940 |
| 2004 | $0 | $131,980 |
| 2003 | $0 | $129,520 |
| 2002 | $0 | $137,680 |
| 2001 | $0 | $136,730 |
| 2000 | $0 | $132,750 |
| 1999 | $0 | $129,540 |
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