1100 Sabal Palm Ln · Micco, FL 32976

$170,000

3 bd · 2.0 ba · 1,324 sqft · Manufactured public records · 51 Days on market

Built 1985 4,791 sqft lot

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +22.6/30.0
• ARV discount +7.5/15.0
• DSCR +7.2/10.0
• 1% rule +6.3/10.0
• Schools +4.7/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

There is a lot to offfer in this property. Newer appliances, Great kitchen cabinets - Vinyle and Carpeting flooring. Beautifully kept home on corner lot. 2 driveways. Larger Storage unit at end of second driveway. Home will be partially furnished. Sitting room and Sun room Must see

Key facts

• Metal roof
• Walk-in closet
• Newer oak cabinetry

Tags

• CORNER LOT
• METAL ROOF
• TWO SEPARATE DRIVEWAYS
• NEWER OAK CABINETRY
• WALK-IN CLOSET
• GLASS-ENCLOSED PORCH

Property features AI

Finance

• Financial info: Pets allowed with restrictions (breed and number limits)
• HOA & community: Association: BBRD; Association covers common areas, recreation facilities, reserve fund, and trash; Community amenities include clubhouse, pool, tennis courts, pickleball, shuffleboard, billiard room and library

Exterior

• Parking: Assigned parking; Carport (1 space); Driveway
• Utilities: Public water; County sewer; Electric service
• Home design: Manufactured home; Single-story; Faces south; Has a view
• Construction: Metal roof; Manufactured construction
• Exterior features: Covered porch; Enclosed porch; Awnings; Beach access; Paved road frontage; Corner lot; Less than quarter acre lot (approx. 60x80)

Interior

• Kitchen: Range; Refrigerator; Dishwasher; Pantry
• Bedrooms: Two bedrooms (one 10x12, one 10x17)
• Flooring: Carpet; Tile; Vinyl
• Bathrooms: Two full bathrooms
• Heating & cooling: Central heating (electric); Central air; Ceiling fan(s)
• Interior features: Window treatments; French doors; Built-in features; Pantry; French/Atrium door(s); Furnished
• Laundry & utility: In-unit laundry room with washer and dryer; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $170k.

Deal economics

• At list price, monthly cash flow is $288 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $170k).
• Recommended offer: $165k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 65/100 on livability (#633 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D, schools F, amenities F.
• Brevard (suburban): math 53% / reading 57% proficiency, ranked #19 of 73 in FL (top 26%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 185 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 4,602 units permitted in Brevard County in 2024 (702 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Brevard County population projected at +15% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 51 days — a 3% lower offer ($165k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 13y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $65k; list at $170k implies a 162% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $164,900 (3.0% below list)

Questions for the listing agent

1. It's been on market 51 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.13% ✓
• Cap rate: 8.33%
• Cash-on-cash: 7.26%
• DSCR: 1.32
• GRM: 7.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -5.1%
• Equity multiple: 0.81×
• Total profit: $-9,134
• Equity at exit: $25,348

10-year hold

• IRR: 4.6%
• Equity multiple: 1.33×
• Total profit: $15,941
• Equity at exit: $14,698

Cash invested: $47,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32976

• Home prices YoY: -18.6%
• Active inventory: 185
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $1,929 high
• Mortgage (P&I): −$891
• Tax from tax record: −$274 /mo · $3,283/yr
• Insurance: −$71
• HOA: −$0
• Vacancy / Maint / Mgmt: −$405
• Net cashflow: $288

Break-even live

Break-even rent $1,564

Max offer price $170,000

Occupancy floor 80%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $42,500
• Closing costs: $5,100
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1315 Barefoot Cir Sebastian, FL	2.0	2.0	1167	$2,300	$1.97	23d	1	0.20mi
1112 Pocatella Dr Sebastian, FL	2.0	2.0	1370	$1,900	$1.39	23d	1	0.25mi
1207 Marigold Dr Sebastian, FL	2.0	2.0	1104	$1,500	$1.36	23d	1	0.43mi
6505 Topaz Dr Grant, FL	4.0	2.0	1830	$2,500	$1.37	23d	1	0.56mi
904 Red Bud Rd Sebastian, FL	3.0	2.0	1278	$1,500	$1.17	23d	1	0.59mi
706 Hyacinth Cir Sebastian, FL	2.0	2.0	1062	$1,750	$1.65	23d	1	0.63mi
621 Hyacinth Cir Sebastian, FL	2.0	2.0	1324	$1,850	$1.40	23d	1	0.69mi
805 Beech Ct Sebastian, FL	2.0	2.0	1556	$1,995	$1.28	23d	1	0.83mi
914 Pecan Cir Sebastian, FL	2.0	1.0	1000	$1,600	$1.60	23d	1	0.87mi
7349 Tourmaline Dr Grant, FL	3.0	2.0	1735	$2,200	$1.27	23d	1	0.97mi
7419 Tourmaline Dr Unit Annual Grant-Valkaria, FL	3.0	2.0	1676	$2,200	$1.31	23d	1	0.98mi
702 Lark Dr Sebastian, FL	3.0	2.0	1296	$1,775	$1.37	23d	1	0.99mi
909 Sequoia St Sebastian, FL	2.0	2.0	1156	$1,845	$1.60	23d	1	1.02mi
7181 Blue Shore Rd Grant, FL	3.0	2.0	1598	$1,995	$1.25	23d	1	1.18mi
7629 Chasta Rd Sebastian, FL	2.0	2.0	958	$1,600	$1.67	23d	1	1.28mi
7606 Cedar Bark Rd Sebastian, FL	2.0	2.0	1273	$1,800	$1.41	23d	1	1.29mi
7597 Cedar Bark Rd Sebastian, FL	2.0	2.0	902	$1,700	$1.88	23d	1	1.30mi
415 Plover Dr Sebastian, FL	3.0	2.0	1200	$2,400	$2.00	23d	1	1.41mi
629 W Marlin Cir Unit NA Sebastian, FL	2.0	2.0	1104	$1,400	$1.27	14d	1	1.42mi

Listing history 23 events

1. 2026-06-18
   days on market $170,000 Active 51 DOM
2. 2026-06-17
   days on market $170,000 Active 50 DOM
3. 2026-06-16
   days on market $170,000 Active 49 DOM
4. 2026-06-15
   days on market $170,000 Active 48 DOM
5. 2026-06-14
   days on market $170,000 Active 46 DOM
6. 2026-06-10
   days on market $170,000 Active 43 DOM
7. 2026-06-08
   days on market $170,000 Active 41 DOM
8. 2026-06-07
   days on market $170,000 Active 40 DOM
9. 2026-06-05
   days on market $170,000 Active 37 DOM
10. 2026-06-03
    days on market $170,000 Active 36 DOM
11. 2026-06-02
    days on market $170,000 Active 35 DOM
12. 2026-06-01
    days on market $170,000 Active 34 DOM
13. 2026-05-31
    days on market $170,000 Active 33 DOM
14. 2026-05-31
    days on market $170,000 Active 32 DOM
15. 2026-05-14
    status Active
16. 2026-05-06
    historical Active Under Contract
17. 2026-04-28
    listed $170,000 Active
18. 2026-04-28
    listed $170,000 Active
19. 2025-06-30
    historical 284-char remark

    Show marketing remark (284 chars)

    There is a lot to offfer in this property. Newer appliances, Great kitchen cabinets - Vinyle and Carpeting flooring. Beautifully kept home on corner lot. 2 driveways. Larger Storage unit at end of second driveway. Home will be partially furnished. Sitting room and Sun room Must see

20. 2025-04-21
    price $180,000 284-char remark

    Show marketing remark (284 chars)

    There is a lot to offfer in this property. Newer appliances, Great kitchen cabinets - Vinyle and Carpeting flooring. Beautifully kept home on corner lot. 2 driveways. Larger Storage unit at end of second driveway. Home will be partially furnished. Sitting room and Sun room Must see

21. 2024-12-03
    listed $215,000 Active 284-char remark

    Show marketing remark (284 chars)

    There is a lot to offfer in this property. Newer appliances, Great kitchen cabinets - Vinyle and Carpeting flooring. Beautifully kept home on corner lot. 2 driveways. Larger Storage unit at end of second driveway. Home will be partially furnished. Sitting room and Sun room Must see

22. 2013-04-02
    soldstatus $65,000
23. 2013-01-26
    listed $69,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $3,283 · $274/mo
• Projected year-2 tax: $3,283 · $274/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 24 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,149
• − Mortgage interest: −$9,523
• − Property taxes: −$3,283
• − Insurance: −$850
• − Repairs & maintenance: −$1,852
• − Management: −$1,852
• − Depreciation: −$4,945
• Taxable income: $844
• Est. tax owed @ 24.0%: −$203
• After-tax cash flow: $3,254/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Brevard
• NCES district ID: 1200150
• Math proficiency: 53% ▼ -9.00%
• Reading proficiency: 57% ▼ -4.00%
• Median HH income: $49,426
• Composite: 46.86/100
• National rank: #2370
• State rank: #19 of 73 in FL

Livability — Micco

• Score: 65/100
• State rank: #633
• US rank: #12408

Category grades

Amenities F Commute F Cost of living A+ Crime B- Employment D Housing A+ Health & safety D- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Micco, FL
• Population (ZIP): 9,237

Population outlook (Brevard County) Hauer SSP2

• Today (2025): 623,254 people
• By 2030: 648,420 · +4.0%
• By 2040: 690,009 · +10.7%
• By 2050: 715,669 · +14.8%
• By 2075: 775,744 · +24.5%
• By 2100: 776,687 · +24.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Hispanic / Latino 4% Two or more races 1% Asian 1%
• Common ancestry: Lithuanian 5% Romanian 4% Iranian 2%
• Foreign-born: 4% · Canada, Jamaica
• Languages at home: 95% English-only · Spanish 3%

Political lean MEDSL · Brevard

• 2024 margin: Strong R (+20.8) · D 39.1% · R 59.9% · Other 1.0%
• 2008→2024 swing: -10.4pp toward R · 2008: -10.4pp · 2024: -20.8pp
• All cycles: 2024: R+20.8 2020: R+16.4 2016: R+19.8 2012: R+12.7 2008: R+10.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -73.57%
• Current HPI: 321.5196
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+143.2% since first listed

9 events — show timeline

• 2026-05-14 Relisted — RAIRCMLS
• 2026-05-06 Contingent — RAIRCMLS
• 2026-04-28 Listed $170,000 RAIRCMLS
• 2026-04-28 Listed $170,000 SCMLS
• 2025-06-30 Listing Removed — SCMLS
• 2025-04-21 Price Changed $180,000 SCMLS
• 2024-12-03 Listed $215,000 SCMLS
• 2013-04-02 Sold (MLS) $65,000 SCMLS
• 2013-01-26 Listed $69,900 SCMLS

Property tax history

+10.3%/yr

Latest (2025): $3,283 · +0.4% YoY. Source: county tax records.