6460 Borasco Dr #3901 · Viera West, FL 32940

$175,000

2 bd · 2.0 ba · 1,157 sqft · Condo public records · 18 Days on market

Built 2005 $713/mo HOA · 36% of rent

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Why this score? — see what drove the D- 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).

• ARV discount +7.5/15.0
• 1% rule +6.4/10.0
• Cash flow +6.1/30.0
• Appreciation +5.2/10.0
• Schools +4.7/10.0
• Livability +3.5/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• DSCR +0.4/10.0

Listing remarks MLS

MOTIVATED SELLER - Have you been searching for a home in the center of it all? This is the perfect 2 bedroom, 2 bathroom condo for you. Centrally located in Viera, FL, you will be only minutes away from the Sports Complex, A rated schools, USSA Baseball Complex, grocery stores, Florida Institute of Technology (FIT), and Viera hospital. There's even more . .. With private gate access to The Avenue, you will be steps away from shops, restaurants, and entertainment, including soon to come Top Golf and Dave & Busters. Don't miss out on this spacious 3rd floor corner unit. Best part . .. no upstairs neighbors and plenty of upgrades. A/C replaced in 2024 and still under warranty. Newer roof and hurricane impact windows . .. perfect for hurricane season. Tile flooring in main areas of home make cleaning easier. Recently replaced appliances. Resort style amenities and maintenance-free living. Let's schedule your private showing TODAY!

Key facts

• Luxury clubhouse
• Private walkway
• Resort-style pool

Tags

• THREE FOUNTAINS COMMUNITY
• LUXURY CLUBHOUSE
• RESORT-STYLE POOL
• PRIVATE WALKWAY
• PUTTING GREEN

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $175k.

Deal economics

• At list price, monthly cash flow is $-329 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $117k (33.2% below list).
• Meets the 1% rule at list price ($2k rent vs $175k).
• Recommended offer: $117k (33.2% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 70/100 on livability (#450 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A, housing A; Watch: amenities F, commute F, cost of living 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.
• Zoned schools: Quest Elementary School (math 83% / reading 80%, grade A+, #90 of 2,144 statewide, top 4%, 691 students, 20% FRL); John F. Kennedy Middle School (math 67% / reading 59%, grade B+, #111 of 571 statewide, top 20%, 673 students, 41% FRL); Viera High School (math 58% / reading 71%, grade B-, #78 of 667 statewide, top 13%, 2,289 students, 15% FRL) — zoned schools average 25% FRL vs 43% district-wide (18 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 70% at this address vs 55% district-wide (+15 pts) — the actual schools serving this property are materially stronger than the Brevard average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents rising (+2.0%/yr); 583 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 4,602 units permitted in Brevard County in 2024 (702 in 5+ unit buildings).

Forward outlook

• In year one you build about $2k of equity ($1k loan paydown + $706 appreciation (0.4% local appreciation)).
• 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 18 days — a 2% lower offer ($172k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 16y 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.

Risks & watch-outs

• Watch-outs: HOA is 36% of rent.

Recommended offer $116,945 (33.2% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. 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.
8. 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.
9. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.14% ✓
• Cap rate: 4.04%
• Cash-on-cash: -8.05%
• DSCR: 0.64
• GRM: 7.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

0.4% appreciation · 1.96% rent growth · sell at horizon

5-year hold

• IRR: -10.4%
• Equity multiple: 0.50×
• Total profit: $-24,319
• Equity at exit: $54,371

10-year hold

• IRR: -5.2%
• Equity multiple: 0.43×
• Total profit: $-27,784
• Equity at exit: $68,267

Cash invested: $49,000 (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 32940

• Home prices YoY: 0.1%
• Rents YoY: 2.0%
• Active inventory: 583
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $2,001 high
• Mortgage (P&I): −$918
• Tax from tax record: −$205 /mo · $2,466/yr
• Insurance: −$73
• HOA: −$713
• Vacancy / Maint / Mgmt: −$420
• Net cashflow: $-329

Break-even live

Break-even rent $2,417

Max offer price $116,945

Occupancy floor —

Sensitivity live

Price	-10% $-230	-5% $-279	+0% $-329	+5% $-378	+10% $-428
Rent	-10% $-487	-5% $-408	+0% $-329	+5% $-250	+10% $-171
Rate	-1.0pp $-241	-0.5pp $-284	base $-329	+0.5pp $-374	+1.0pp $-420

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6450 Borasco Dr #3707 Melbourne, FL	1.0	1.0	868	$1,600	$1.84	15d	1	0.07mi
6451 Borasco Dr Melbourne, FL	1.0	1.0	781	$1,698	$2.17	15d	2	0.07mi
6431 Borasco Dr Melbourne, FL	1.0–2.0	1.0–2.0	869	$1,950	$2.24	20d	2	0.13mi
6411 Borasco Dr Melbourne, FL	2.0–3.0	2.0	1258	$1,700	$1.35	24d	1	0.19mi
2185 Judge Fran Jamieson Way Melbourne, FL	1.0–3.0	1.0–2.0	1192	$2,008	$1.68	14d	17	0.20mi
2992 Rodina Dr Melbourne, FL	1.0–2.0	1.0–2.0	963	$2,585	$2.68	15d	8	0.40mi
6705 Shadow Creek Trl Melbourne, FL	1.0–3.0	1.0–2.0	1123	$2,242	$2.00	14d	25	0.40mi
2560 Judge Fran Jamieson Way Melbourne, FL	1.0–3.0	1.0–2.0	1091	$2,186	$2.00	14d	14	0.44mi
2439 Casona Ln Melbourne, FL	1.0–2.0	1.0–2.0	964	$2,251	$2.34	14d	14	0.58mi
1622 Laramie Cir Melbourne, FL	3.0	2.0	1390	$2,600	$1.87	15d	1	0.90mi
2301 Willet Pl Melbourne, FL	1.0–3.0	1.0–2.0	1109	$2,602	$2.35	14d	27	0.96mi
6848 Toland Dr #406 Melbourne, FL	2.0	2.0	1232	$2,000	$1.62	24d	1	1.21mi
5693 Star Rush Dr #207 Melbourne, FL	2.0	2.0	1139	$1,695	$1.49	24d	1	1.22mi
1747 Sophias Dr #202 Melbourne, FL	3.0	2.0	1278	$2,200	$1.72	15d	1	1.22mi
1747 Sophias Dr Melbourne, FL	2.0–3.0	2.0	1149	$1,850	$1.61	24d	2	1.22mi
1766 Sophias Dr #302 Melbourne, FL	2.0	2.0	1020	$1,750	$1.72	24d	1	1.22mi
6828 Toland Dr #402 Melbourne, FL	2.0	2.0	1232	$2,500	$2.03	15d	1	1.25mi
6828 Toland Dr Melbourne, FL	2.0	2.0	1232	$2,248	$1.82	20d	2	1.27mi
6828 Toland Dr Melbourne, FL	2.0	2.0	1232	$2,248	$1.82	24d	2	1.27mi
7578 Highsmith Rd Melbourne, FL	1.0–3.0	1.0–2.0	1155	$2,728	$2.36	14d	32	1.38mi

HOA detail condo

• Monthly dues: $713 · $8,556/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 25 events

1. 2026-04-20
   status Pending
2. 2026-04-03
   listed $175,000 Active
3. 2025-08-25
   soldstatus $165,500
4. 2025-08-22
   soldstatus $165,500 Closed 946-char remark

   Show marketing remark (946 chars)

   MOTIVATED SELLER - Have you been searching for a home in the center of it all? This is the perfect 2 bedroom, 2 bathroom condo for you. Centrally located in Viera, FL, you will be only minutes away from the Sports Complex, A rated schools, USSA Baseball Complex, grocery stores, Florida Institute of Technology (FIT), and Viera hospital. There's even more . .. With private gate access to The Avenue, you will be steps away from shops, restaurants, and entertainment, including soon to come Top Golf and Dave & Busters. Don't miss out on this spacious 3rd floor corner unit. Best part . .. no upstairs neighbors and plenty of upgrades. A/C replaced in 2024 and still under warranty. Newer roof and hurricane impact windows . .. perfect for hurricane season. Tile flooring in main areas of home make cleaning easier. Recently replaced appliances. Resort style amenities and maintenance-free living. Let's schedule your private showing TODAY!

5. 2025-08-19
   status Pending 946-char remark

   Show marketing remark (946 chars)

   MOTIVATED SELLER - Have you been searching for a home in the center of it all? This is the perfect 2 bedroom, 2 bathroom condo for you. Centrally located in Viera, FL, you will be only minutes away from the Sports Complex, A rated schools, USSA Baseball Complex, grocery stores, Florida Institute of Technology (FIT), and Viera hospital. There's even more . .. With private gate access to The Avenue, you will be steps away from shops, restaurants, and entertainment, including soon to come Top Golf and Dave & Busters. Don't miss out on this spacious 3rd floor corner unit. Best part . .. no upstairs neighbors and plenty of upgrades. A/C replaced in 2024 and still under warranty. Newer roof and hurricane impact windows . .. perfect for hurricane season. Tile flooring in main areas of home make cleaning easier. Recently replaced appliances. Resort style amenities and maintenance-free living. Let's schedule your private showing TODAY!

6. 2025-08-12
   historical Active Under Contract 946-char remark

   Show marketing remark (946 chars)

   MOTIVATED SELLER - Have you been searching for a home in the center of it all? This is the perfect 2 bedroom, 2 bathroom condo for you. Centrally located in Viera, FL, you will be only minutes away from the Sports Complex, A rated schools, USSA Baseball Complex, grocery stores, Florida Institute of Technology (FIT), and Viera hospital. There's even more . .. With private gate access to The Avenue, you will be steps away from shops, restaurants, and entertainment, including soon to come Top Golf and Dave & Busters. Don't miss out on this spacious 3rd floor corner unit. Best part . .. no upstairs neighbors and plenty of upgrades. A/C replaced in 2024 and still under warranty. Newer roof and hurricane impact windows . .. perfect for hurricane season. Tile flooring in main areas of home make cleaning easier. Recently replaced appliances. Resort style amenities and maintenance-free living. Let's schedule your private showing TODAY!

7. 2025-08-03
   price $169,990 946-char remark

   Show marketing remark (946 chars)

   MOTIVATED SELLER - Have you been searching for a home in the center of it all? This is the perfect 2 bedroom, 2 bathroom condo for you. Centrally located in Viera, FL, you will be only minutes away from the Sports Complex, A rated schools, USSA Baseball Complex, grocery stores, Florida Institute of Technology (FIT), and Viera hospital. There's even more . .. With private gate access to The Avenue, you will be steps away from shops, restaurants, and entertainment, including soon to come Top Golf and Dave & Busters. Don't miss out on this spacious 3rd floor corner unit. Best part . .. no upstairs neighbors and plenty of upgrades. A/C replaced in 2024 and still under warranty. Newer roof and hurricane impact windows . .. perfect for hurricane season. Tile flooring in main areas of home make cleaning easier. Recently replaced appliances. Resort style amenities and maintenance-free living. Let's schedule your private showing TODAY!

8. 2025-06-29
   price $179,900 946-char remark

   Show marketing remark (946 chars)

   MOTIVATED SELLER - Have you been searching for a home in the center of it all? This is the perfect 2 bedroom, 2 bathroom condo for you. Centrally located in Viera, FL, you will be only minutes away from the Sports Complex, A rated schools, USSA Baseball Complex, grocery stores, Florida Institute of Technology (FIT), and Viera hospital. There's even more . .. With private gate access to The Avenue, you will be steps away from shops, restaurants, and entertainment, including soon to come Top Golf and Dave & Busters. Don't miss out on this spacious 3rd floor corner unit. Best part . .. no upstairs neighbors and plenty of upgrades. A/C replaced in 2024 and still under warranty. Newer roof and hurricane impact windows . .. perfect for hurricane season. Tile flooring in main areas of home make cleaning easier. Recently replaced appliances. Resort style amenities and maintenance-free living. Let's schedule your private showing TODAY!

9. 2025-06-11
   price $190,000 946-char remark

   Show marketing remark (946 chars)

   MOTIVATED SELLER - Have you been searching for a home in the center of it all? This is the perfect 2 bedroom, 2 bathroom condo for you. Centrally located in Viera, FL, you will be only minutes away from the Sports Complex, A rated schools, USSA Baseball Complex, grocery stores, Florida Institute of Technology (FIT), and Viera hospital. There's even more . .. With private gate access to The Avenue, you will be steps away from shops, restaurants, and entertainment, including soon to come Top Golf and Dave & Busters. Don't miss out on this spacious 3rd floor corner unit. Best part . .. no upstairs neighbors and plenty of upgrades. A/C replaced in 2024 and still under warranty. Newer roof and hurricane impact windows . .. perfect for hurricane season. Tile flooring in main areas of home make cleaning easier. Recently replaced appliances. Resort style amenities and maintenance-free living. Let's schedule your private showing TODAY!

10. 2025-05-26
    price $195,000 946-char remark

    Show marketing remark (946 chars)

    MOTIVATED SELLER - Have you been searching for a home in the center of it all? This is the perfect 2 bedroom, 2 bathroom condo for you. Centrally located in Viera, FL, you will be only minutes away from the Sports Complex, A rated schools, USSA Baseball Complex, grocery stores, Florida Institute of Technology (FIT), and Viera hospital. There's even more . .. With private gate access to The Avenue, you will be steps away from shops, restaurants, and entertainment, including soon to come Top Golf and Dave & Busters. Don't miss out on this spacious 3rd floor corner unit. Best part . .. no upstairs neighbors and plenty of upgrades. A/C replaced in 2024 and still under warranty. Newer roof and hurricane impact windows . .. perfect for hurricane season. Tile flooring in main areas of home make cleaning easier. Recently replaced appliances. Resort style amenities and maintenance-free living. Let's schedule your private showing TODAY!

11. 2025-05-18
    price $208,000 946-char remark

    Show marketing remark (946 chars)

    MOTIVATED SELLER - Have you been searching for a home in the center of it all? This is the perfect 2 bedroom, 2 bathroom condo for you. Centrally located in Viera, FL, you will be only minutes away from the Sports Complex, A rated schools, USSA Baseball Complex, grocery stores, Florida Institute of Technology (FIT), and Viera hospital. There's even more . .. With private gate access to The Avenue, you will be steps away from shops, restaurants, and entertainment, including soon to come Top Golf and Dave & Busters. Don't miss out on this spacious 3rd floor corner unit. Best part . .. no upstairs neighbors and plenty of upgrades. A/C replaced in 2024 and still under warranty. Newer roof and hurricane impact windows . .. perfect for hurricane season. Tile flooring in main areas of home make cleaning easier. Recently replaced appliances. Resort style amenities and maintenance-free living. Let's schedule your private showing TODAY!

12. 2025-04-22
    price $210,000 946-char remark

    Show marketing remark (946 chars)

    MOTIVATED SELLER - Have you been searching for a home in the center of it all? This is the perfect 2 bedroom, 2 bathroom condo for you. Centrally located in Viera, FL, you will be only minutes away from the Sports Complex, A rated schools, USSA Baseball Complex, grocery stores, Florida Institute of Technology (FIT), and Viera hospital. There's even more . .. With private gate access to The Avenue, you will be steps away from shops, restaurants, and entertainment, including soon to come Top Golf and Dave & Busters. Don't miss out on this spacious 3rd floor corner unit. Best part . .. no upstairs neighbors and plenty of upgrades. A/C replaced in 2024 and still under warranty. Newer roof and hurricane impact windows . .. perfect for hurricane season. Tile flooring in main areas of home make cleaning easier. Recently replaced appliances. Resort style amenities and maintenance-free living. Let's schedule your private showing TODAY!

13. 2025-04-08
    price $220,000 946-char remark

    Show marketing remark (946 chars)

    MOTIVATED SELLER - Have you been searching for a home in the center of it all? This is the perfect 2 bedroom, 2 bathroom condo for you. Centrally located in Viera, FL, you will be only minutes away from the Sports Complex, A rated schools, USSA Baseball Complex, grocery stores, Florida Institute of Technology (FIT), and Viera hospital. There's even more . .. With private gate access to The Avenue, you will be steps away from shops, restaurants, and entertainment, including soon to come Top Golf and Dave & Busters. Don't miss out on this spacious 3rd floor corner unit. Best part . .. no upstairs neighbors and plenty of upgrades. A/C replaced in 2024 and still under warranty. Newer roof and hurricane impact windows . .. perfect for hurricane season. Tile flooring in main areas of home make cleaning easier. Recently replaced appliances. Resort style amenities and maintenance-free living. Let's schedule your private showing TODAY!

14. 2025-03-09
    price $232,000 946-char remark

    Show marketing remark (946 chars)

    MOTIVATED SELLER - Have you been searching for a home in the center of it all? This is the perfect 2 bedroom, 2 bathroom condo for you. Centrally located in Viera, FL, you will be only minutes away from the Sports Complex, A rated schools, USSA Baseball Complex, grocery stores, Florida Institute of Technology (FIT), and Viera hospital. There's even more . .. With private gate access to The Avenue, you will be steps away from shops, restaurants, and entertainment, including soon to come Top Golf and Dave & Busters. Don't miss out on this spacious 3rd floor corner unit. Best part . .. no upstairs neighbors and plenty of upgrades. A/C replaced in 2024 and still under warranty. Newer roof and hurricane impact windows . .. perfect for hurricane season. Tile flooring in main areas of home make cleaning easier. Recently replaced appliances. Resort style amenities and maintenance-free living. Let's schedule your private showing TODAY!

15. 2025-01-30
    price $242,500 946-char remark

    Show marketing remark (946 chars)

    MOTIVATED SELLER - Have you been searching for a home in the center of it all? This is the perfect 2 bedroom, 2 bathroom condo for you. Centrally located in Viera, FL, you will be only minutes away from the Sports Complex, A rated schools, USSA Baseball Complex, grocery stores, Florida Institute of Technology (FIT), and Viera hospital. There's even more . .. With private gate access to The Avenue, you will be steps away from shops, restaurants, and entertainment, including soon to come Top Golf and Dave & Busters. Don't miss out on this spacious 3rd floor corner unit. Best part . .. no upstairs neighbors and plenty of upgrades. A/C replaced in 2024 and still under warranty. Newer roof and hurricane impact windows . .. perfect for hurricane season. Tile flooring in main areas of home make cleaning easier. Recently replaced appliances. Resort style amenities and maintenance-free living. Let's schedule your private showing TODAY!

16. 2024-12-26
    listed $249,500 Active 946-char remark

    Show marketing remark (946 chars)

    MOTIVATED SELLER - Have you been searching for a home in the center of it all? This is the perfect 2 bedroom, 2 bathroom condo for you. Centrally located in Viera, FL, you will be only minutes away from the Sports Complex, A rated schools, USSA Baseball Complex, grocery stores, Florida Institute of Technology (FIT), and Viera hospital. There's even more . .. With private gate access to The Avenue, you will be steps away from shops, restaurants, and entertainment, including soon to come Top Golf and Dave & Busters. Don't miss out on this spacious 3rd floor corner unit. Best part . .. no upstairs neighbors and plenty of upgrades. A/C replaced in 2024 and still under warranty. Newer roof and hurricane impact windows . .. perfect for hurricane season. Tile flooring in main areas of home make cleaning easier. Recently replaced appliances. Resort style amenities and maintenance-free living. Let's schedule your private showing TODAY!

17. 2020-02-27
    soldstatus $140,000
18. 2020-02-14
    soldstatus $140,000 Closed 722-char remark

    Show marketing remark (722 chars)

    Looking for the perfect condo near great shopping, restaurants, and entertainment with easy access to I95 and the surrounding area? Well, look no further. This spacious 2 bedroom 2 bath condo has a freshly painted interior. Ceramic tile throughout and new carpet in the bedrooms. The kitchen overlooks into the dining and living area with a breakfast bar. Both bedrooms have walk-in closets. The master bathroom has a large soaking tub. Enjoy the outdoors on the balcony all year long. Three Fountains of Viera is a gated community with its own entrance to The Avenues. Community amenities include a resort-style swimming pool, spa and outdoor kitchen with beautiful lush landscape. Don't wait make your appointment today!

19. 2020-02-07
    listed Backups 722-char remark

    Show marketing remark (722 chars)

    Looking for the perfect condo near great shopping, restaurants, and entertainment with easy access to I95 and the surrounding area? Well, look no further. This spacious 2 bedroom 2 bath condo has a freshly painted interior. Ceramic tile throughout and new carpet in the bedrooms. The kitchen overlooks into the dining and living area with a breakfast bar. Both bedrooms have walk-in closets. The master bathroom has a large soaking tub. Enjoy the outdoors on the balcony all year long. Three Fountains of Viera is a gated community with its own entrance to The Avenues. Community amenities include a resort-style swimming pool, spa and outdoor kitchen with beautiful lush landscape. Don't wait make your appointment today!

20. 2019-12-14
    listed $145,000 722-char remark

    Show marketing remark (722 chars)

    Looking for the perfect condo near great shopping, restaurants, and entertainment with easy access to I95 and the surrounding area? Well, look no further. This spacious 2 bedroom 2 bath condo has a freshly painted interior. Ceramic tile throughout and new carpet in the bedrooms. The kitchen overlooks into the dining and living area with a breakfast bar. Both bedrooms have walk-in closets. The master bathroom has a large soaking tub. Enjoy the outdoors on the balcony all year long. Three Fountains of Viera is a gated community with its own entrance to The Avenues. Community amenities include a resort-style swimming pool, spa and outdoor kitchen with beautiful lush landscape. Don't wait make your appointment today!

21. 2016-08-16
    historical
22. 2013-11-07
    soldstatus $84,000
23. 2013-11-05
    soldstatus $84,000
24. 2013-07-22
    listed $84,000
25. 2010-07-27
    listed $155,000

ⓘ 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: $2,466 · $205/mo
• Projected year-2 tax: $2,466 · $205/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Taxation est. · year 1

• Rental income: $24,007
• − Mortgage interest: −$9,803
• − Property taxes: −$2,466
• − Insurance: −$875
• − Repairs & maintenance: −$1,921
• − Management: −$1,921
• − HOA: −$8,556
• − Depreciation: −$5,091
• Taxable loss: −$6,624
• Est. tax savings @ 24.0%: +$1,590
• After-tax cash flow: $-2,354/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 — Viera West

• Score: 70/100
• State rank: #450
• US rank: #8106

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Viera West, FL
• County: Brevard County · 602,871 people
• Metro: Palm Bay-Melbourne-Titusville, FL
• Population (ZIP): 51,727
• Household income: $110,495
• Rent vs Own: 15.8% rent · 84.2% own
• Severe rent burden: 873.0

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 (77%)
• Race & ethnicity: White 77% Hispanic / Latino 10% Two or more races 9% Asian 5% Black 3%
• Hispanic origin (detail): Mexican 1% Puerto Rican 3% Cuban 1%
• Common ancestry: Romanian 4% Lithuanian 3% Slovak 2%
• Foreign-born: 11% · Canada, Jamaica, China
• Languages at home: 88% English-only · Spanish 6% Other Indo-European 2% German/W. Germanic 1%

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: ▲ 0.40%
• Current HPI: 298.1023
• Rent YoY: ▲ 1.96%
• Metro: Palm Bay-Melbourne-Titusville, FL
• 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

+12.9% since first listed

25 events — show timeline

• 2026-04-20 Pending — SCMLS
• 2026-04-03 Listed $175,000 SCMLS
• 2025-08-25 Sold (Public Records) $165,500 Public Records
• 2025-08-22 Sold (MLS) $165,500 Beaches MLS
• 2025-08-19 Pending — Beaches MLS
• 2025-08-12 Contingent — Beaches MLS
• 2025-08-03 Price Changed $169,990 Beaches MLS
• 2025-06-29 Price Changed $179,900 Beaches MLS
• 2025-06-11 Price Changed $190,000 Beaches MLS
• 2025-05-26 Price Changed $195,000 Beaches MLS
• 2025-05-18 Price Changed $208,000 Beaches MLS
• 2025-04-22 Price Changed $210,000 Beaches MLS
• 2025-04-08 Price Changed $220,000 Beaches MLS
• 2025-03-09 Price Changed $232,000 Beaches MLS
• 2025-01-30 Price Changed $242,500 Beaches MLS
• 2024-12-26 Listed $249,500 Beaches MLS
• 2020-02-27 Sold (Public Records) $140,000 Public Records
• 2020-02-14 Sold (MLS) $140,000 SCMLS
• 2020-02-07 Listed — SCMLS
• 2019-12-14 Listed $145,000 SCMLS
• 2016-08-16 Listing Removed — SCMLS
• 2013-11-07 Sold (Public Records) $84,000 Public Records
• 2013-11-05 Sold (MLS) $84,000 SCMLS
• 2013-07-22 Listed $84,000 SCMLS
• 2010-07-27 Listed $155,000 SCMLS

Property tax history

+5.5%/yr

Latest (2025): $2,466 · -4.2% YoY. Source: county tax records.