3266 Slama Ave SE · Palm Bay, FL 32909

$292,900

3 bd · 2.0 ba · 1,443 sqft · Land · 118 Days on market

Built 2026 10,019 sqft lot

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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).

• Appreciation +10.0/10.0
• Cash flow +7.9/30.0
• ARV discount +7.5/15.0
• Schools +4.7/10.0
• Livability +3.6/5.0
• Rent growth +3.4/5.0
• Condition / age +2.5/5.0
• 1% rule +2.4/10.0
• DSCR +2.0/10.0

Listing remarks MLS

Welcome to The Violet - Stylish, Comfortable Living Step inside The Violet, a beautifully designed 3-bedroom home featuring an impressive formal entryway that sets the tone for this inviting space. The open floor plan seamlessly connects the fully equipped kitchen-complete with a large island perfect for cooking and entertaining-to the cozy family room and adjacent dining nook. With 1,443 finished square feet, this home offers a smart layout ideal for those downsizing or starting their family. The private owner's suite boasts a spacious walk-in closet and a luxurious owner bathroom, while two additional bedrooms are conveniently located at the front of the home and share a second full bathroom. The Violet also includes a 2-car garage, designed to comfortably fit two vehicles or one vehicle plus a workbench or storage space to suit your needs. Make your new home uniquely yours by selecting from customizable color packages tailored to your personal style. Schedule a tour today with one of our representatives and visit our model home to discover why Maronda Homes is the builder for you!

Key facts

• Open concept kitchen
• Ensuite bath
• Hurricane shutters

Tags

• OPEN CONCEPT KITCHEN
• EXTENDED REAR PATIO
• BUILT IN SMART HOME PACKAGE
• GENEROUS WALK IN CLOSET
• ENSUITE BATH
• HURRICANE SHUTTERS

Property features AI

Exterior

• Parking: Attached 2-car garage with garage door opener
• Security: Smoke detector(s)
• Utilities: Aerobic septic system; Cable available
• Home design: Single Family Residence; One-story home; Faces east; New construction
• Construction: Block and stucco construction; Shingle roof
• Exterior features: Patio (access from the great room); Storm shutters; Smoke detector(s)

Interior

• Kitchen: Island; Pantry; Dishwasher; Electric range; Microwave; Electric water heater
• Bedrooms: 3 bedrooms (all on the first floor); Primary suite on the first floor with walk-in closet, ensuite shower and dual sinks; Bedroom 2 on the first floor with built-in closet; Bedroom 3 on the first floor with built-in closet
• Flooring: Carpet in living and bedroom areas; Ceramic tile in kitchen and selected areas
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Eat-in kitchen; Entrance foyer; Kitchen island; Open floorplan; Pantry; Smart home features including smart thermostat; Split bedroom layout; Walk-in closet(s); Primary bathroom with shower (no tub)
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath land listed at $293k.

Deal economics

• At list price, monthly cash flow is $-311 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $248k (15.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $217k (26.0% below list).
• Recommended offer: $217k (26.0% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 72/100 on livability (#366 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D+, amenities F, health & safety D-.
• 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: Sunrise Elementary School (math 52% / reading 57%, grade C, #892 of 2,144 statewide, top 44%, 759 students, 58% FRL); Southwest Middle School (math 40% / reading 39%, grade F, #373 of 571 statewide, top 66%, 920 students, 58% FRL); Bayside High School (math 27% / reading 40%, grade F, #400 of 667 statewide, top 61%, 1,854 students, 51% FRL).
• Zoned-school proficiency averages 42% at this address vs 55% district-wide (-12 pts) — the specific schools serving this property underperform the Brevard average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+3.7%/yr); 1111 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 4,602 units permitted in Brevard County in 2024 (702 in 5+ unit buildings).
• This rent runs 33% of the median local income ($80k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $31k of equity ($2k loan paydown + $29k appreciation (10.0% local appreciation)).
• Brevard County population projected at +15% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• By year 2, paydown + projected appreciation supports a ~$50k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 118 days — a 9% lower offer ($267k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 22y 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 $36k; list at $293k implies a 714% 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; extreme-heat days projected 6→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $216,802 (26.0% 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. It's been on market 118 days. Have you received any prior offers? Is the seller open to a 26% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 0.74% ✗
• Cap rate: 5.02%
• Cash-on-cash: -4.56%
• DSCR: 0.80
• GRM: 11.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.67% rent growth · sell at horizon

5-year hold

• IRR: 21.2%
• Equity multiple: 2.72×
• Total profit: $141,190
• Equity at exit: $263,868

10-year hold

• IRR: 19.4%
• Equity multiple: 6.30×
• Total profit: $434,513
• Equity at exit: $569,040

Cash invested: $82,012 (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 32909

• Home prices YoY: 6.0%
• Rents YoY: 3.7%
• Active inventory: 1111
• Price-to-rent: 11.3×

Monthly cashflow live

• Estimated rent: $2,168 high
• Mortgage (P&I): −$1,536
• Tax est. 1.5%: −$366 /mo · $4,394/yr
• Insurance: −$122
• HOA: −$0
• Vacancy / Maint / Mgmt: −$455
• Net cashflow: $-311

Break-even live

Break-even rent $2,562

Max offer price $247,836

Occupancy floor —

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: $73,225
• Closing costs: $8,787
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3219 Hainsworth Ave SE Palm Bay, FL	3.0	2.0	1219	$2,100	$1.72	14d	1	0.22mi
820 Tedder Rd SE Palm Bay, FL	3.0	2.0	1808	$2,000	$1.11	23d	1	0.33mi
496 Vanguard St SE Palm Bay, FL	3.0	2.0	1666	$2,150	$1.29	23d	1	0.47mi
3247 Halblum Ave SE Palm Bay, FL	4.0	3.0	1820	$2,516	$1.38	13d	1	0.55mi
291 Foley St SE Palm Bay, FL	4.0	2.0	1833	$2,025	$1.10	13d	1	0.69mi
486 Dadeville St SE Palm Bay, FL	4.0	2.0	1833	$1,995	$1.09	14d	1	0.79mi
286 Silver Frost St SE Palm Bay, FL	4.0	2.0	1833	$1,925	$1.05	14d	1	0.81mi
238 Silver Frost St SE Palm Bay, FL	3.0	2.0	1475	$1,849	$1.25	23d	1	0.87mi
543 Reading St SE Palm Bay, FL	4.0	2.0	1833	$2,010	$1.10	21d	1	0.94mi
1213 Waterford St SE Palm Bay, FL	4.0	2.0	1695	$2,000	$1.18	23d	1	1.04mi
1063 Grantham Ln SE Palm Bay, FL	3.0	2.0	1515	$2,000	$1.32	23d	1	1.06mi
2785 Gabboys Ave SE Palm Bay, FL	3.0	2.0	1475	$1,849	$1.25	23d	1	1.09mi
2749 Freehold Ave SE Palm Bay, FL	3.0	2.0	1386	$1,800	$1.30	23d	1	1.14mi
2691 Tepee Ave SE Palm Bay, FL	4.0	2.0	1833	$2,040	$1.11	21d	1	1.17mi
925 Dugan Cir SE Palm Bay, FL	4.0	2.0	1830	$2,295	$1.25	13d	1	1.27mi
3636 Aberdeen Dr SE Palm Bay, FL	4.0	2.0	1830	$2,295	$1.25	18d	1	1.27mi
1224 Dillard Dr SE Palm Bay, FL	3.0	2.0	1770	$2,336	$1.32	13d	1	1.36mi
590 Trymore Dr SE Palm Bay, FL	4.0	2.0	1873	$2,250	$1.20	14d	1	1.37mi
1198 Venus St SE Palm Bay, FL	3.0	2.0	1535	$1,961	$1.28	21d	1	1.38mi
1434 Garabaldi Cir SE Palm Bay, FL	4.0	2.0	1600	$2,000	$1.25	13d	1	1.44mi
3270 Framingham Ave SW Palm Bay, FL	4.0	2.0	1856	$2,400	$1.29	23d	1	1.48mi

Listing history 43 events

1. 2026-06-18
   days on market $292,900 Active 118 DOM
2. 2026-06-17
   days on market $292,900 Active 117 DOM
3. 2026-06-16
   days on market $292,900 Active 116 DOM
4. 2026-06-15
   days on market $292,900 Active 115 DOM
5. 2026-06-14
   days on market $292,900 Active 113 DOM
6. 2026-06-10
   days on market $292,900 Active 110 DOM
7. 2026-06-08
   days on market $292,900 Active 108 DOM
8. 2026-06-07
   days on market $292,900 Active 107 DOM
9. 2026-06-05
   days on market $292,900 Active 104 DOM
10. 2026-06-03
    days on market $292,900 Active 103 DOM
11. 2026-06-02
    days on market $292,900 Active 102 DOM
12. 2026-06-01
    days on market $292,900 Active 101 DOM
13. 2026-05-31
    days on market $292,900 Active 100 DOM
14. 2026-05-31
    days on market $292,900 Active 99 DOM
15. 2026-03-06
    price $292,900 1100-char remark

    Show marketing remark (1100 chars)

    Welcome to The Violet - Stylish, Comfortable Living Step inside The Violet, a beautifully designed 3-bedroom home featuring an impressive formal entryway that sets the tone for this inviting space. The open floor plan seamlessly connects the fully equipped kitchen-complete with a large island perfect for cooking and entertaining-to the cozy family room and adjacent dining nook. With 1,443 finished square feet, this home offers a smart layout ideal for those downsizing or starting their family. The private owner's suite boasts a spacious walk-in closet and a luxurious owner bathroom, while two additional bedrooms are conveniently located at the front of the home and share a second full bathroom. The Violet also includes a 2-car garage, designed to comfortably fit two vehicles or one vehicle plus a workbench or storage space to suit your needs. Make your new home uniquely yours by selecting from customizable color packages tailored to your personal style. Schedule a tour today with one of our representatives and visit our model home to discover why Maronda Homes is the builder for you!

16. 2026-03-06
    price $292,900

    Show marketing remark (1100 chars)

    Welcome to The Violet - Stylish, Comfortable Living Step inside The Violet, a beautifully designed 3-bedroom home featuring an impressive formal entryway that sets the tone for this inviting space. The open floor plan seamlessly connects the fully equipped kitchen-complete with a large island perfect for cooking and entertaining-to the cozy family room and adjacent dining nook. With 1,443 finished square feet, this home offers a smart layout ideal for those downsizing or starting their family. The private owner's suite boasts a spacious walk-in closet and a luxurious owner bathroom, while two additional bedrooms are conveniently located at the front of the home and share a second full bathroom. The Violet also includes a 2-car garage, designed to comfortably fit two vehicles or one vehicle plus a workbench or storage space to suit your needs. Make your new home uniquely yours by selecting from customizable color packages tailored to your personal style. Schedule a tour today with one of our representatives and visit our model home to discover why Maronda Homes is the builder for you!

17. 2026-02-23
    soldstatus $36,000 Closed 431-char remark

    Show marketing remark (431 chars)

    Situated in the heart of Port Malabar, this residential lot measures 80 by 125 feet and is located outside the flood zone, with no endangered species. Shovel-ready and primed for immediate development, this property is ideally positioned to benefit from Palm Bay's rapid growth, one of the fastest-developing cities in Florida. Perfect for families planning to build their dream home or investors seeking a high-potential property.

18. 2026-02-20
    status Active 1100-char remark

    Show marketing remark (1100 chars)

    Welcome to The Violet - Stylish, Comfortable Living Step inside The Violet, a beautifully designed 3-bedroom home featuring an impressive formal entryway that sets the tone for this inviting space. The open floor plan seamlessly connects the fully equipped kitchen-complete with a large island perfect for cooking and entertaining-to the cozy family room and adjacent dining nook. With 1,443 finished square feet, this home offers a smart layout ideal for those downsizing or starting their family. The private owner's suite boasts a spacious walk-in closet and a luxurious owner bathroom, while two additional bedrooms are conveniently located at the front of the home and share a second full bathroom. The Violet also includes a 2-car garage, designed to comfortably fit two vehicles or one vehicle plus a workbench or storage space to suit your needs. Make your new home uniquely yours by selecting from customizable color packages tailored to your personal style. Schedule a tour today with one of our representatives and visit our model home to discover why Maronda Homes is the builder for you!

19. 2026-02-20
    listed $299,900 Active

    Show marketing remark (1100 chars)

    Welcome to The Violet - Stylish, Comfortable Living Step inside The Violet, a beautifully designed 3-bedroom home featuring an impressive formal entryway that sets the tone for this inviting space. The open floor plan seamlessly connects the fully equipped kitchen-complete with a large island perfect for cooking and entertaining-to the cozy family room and adjacent dining nook. With 1,443 finished square feet, this home offers a smart layout ideal for those downsizing or starting their family. The private owner's suite boasts a spacious walk-in closet and a luxurious owner bathroom, while two additional bedrooms are conveniently located at the front of the home and share a second full bathroom. The Violet also includes a 2-car garage, designed to comfortably fit two vehicles or one vehicle plus a workbench or storage space to suit your needs. Make your new home uniquely yours by selecting from customizable color packages tailored to your personal style. Schedule a tour today with one of our representatives and visit our model home to discover why Maronda Homes is the builder for you!

20. 2026-02-18
    soldstatus $74,000
21. 2026-02-07
    historical 1100-char remark

    Show marketing remark (1100 chars)

    Welcome to The Violet - Stylish, Comfortable Living Step inside The Violet, a beautifully designed 3-bedroom home featuring an impressive formal entryway that sets the tone for this inviting space. The open floor plan seamlessly connects the fully equipped kitchen-complete with a large island perfect for cooking and entertaining-to the cozy family room and adjacent dining nook. With 1,443 finished square feet, this home offers a smart layout ideal for those downsizing or starting their family. The private owner's suite boasts a spacious walk-in closet and a luxurious owner bathroom, while two additional bedrooms are conveniently located at the front of the home and share a second full bathroom. The Violet also includes a 2-car garage, designed to comfortably fit two vehicles or one vehicle plus a workbench or storage space to suit your needs. Make your new home uniquely yours by selecting from customizable color packages tailored to your personal style. Schedule a tour today with one of our representatives and visit our model home to discover why Maronda Homes is the builder for you!

22. 2026-02-06
    status Active 1100-char remark

    Show marketing remark (1100 chars)

    Welcome to The Violet - Stylish, Comfortable Living Step inside The Violet, a beautifully designed 3-bedroom home featuring an impressive formal entryway that sets the tone for this inviting space. The open floor plan seamlessly connects the fully equipped kitchen-complete with a large island perfect for cooking and entertaining-to the cozy family room and adjacent dining nook. With 1,443 finished square feet, this home offers a smart layout ideal for those downsizing or starting their family. The private owner's suite boasts a spacious walk-in closet and a luxurious owner bathroom, while two additional bedrooms are conveniently located at the front of the home and share a second full bathroom. The Violet also includes a 2-car garage, designed to comfortably fit two vehicles or one vehicle plus a workbench or storage space to suit your needs. Make your new home uniquely yours by selecting from customizable color packages tailored to your personal style. Schedule a tour today with one of our representatives and visit our model home to discover why Maronda Homes is the builder for you!

23. 2026-02-06
    price $299,900 1100-char remark

    Show marketing remark (1100 chars)

    Welcome to The Violet - Stylish, Comfortable Living Step inside The Violet, a beautifully designed 3-bedroom home featuring an impressive formal entryway that sets the tone for this inviting space. The open floor plan seamlessly connects the fully equipped kitchen-complete with a large island perfect for cooking and entertaining-to the cozy family room and adjacent dining nook. With 1,443 finished square feet, this home offers a smart layout ideal for those downsizing or starting their family. The private owner's suite boasts a spacious walk-in closet and a luxurious owner bathroom, while two additional bedrooms are conveniently located at the front of the home and share a second full bathroom. The Violet also includes a 2-car garage, designed to comfortably fit two vehicles or one vehicle plus a workbench or storage space to suit your needs. Make your new home uniquely yours by selecting from customizable color packages tailored to your personal style. Schedule a tour today with one of our representatives and visit our model home to discover why Maronda Homes is the builder for you!

24. 2026-02-05
    historical 1100-char remark

    Show marketing remark (1100 chars)

    Welcome to The Violet - Stylish, Comfortable Living Step inside The Violet, a beautifully designed 3-bedroom home featuring an impressive formal entryway that sets the tone for this inviting space. The open floor plan seamlessly connects the fully equipped kitchen-complete with a large island perfect for cooking and entertaining-to the cozy family room and adjacent dining nook. With 1,443 finished square feet, this home offers a smart layout ideal for those downsizing or starting their family. The private owner's suite boasts a spacious walk-in closet and a luxurious owner bathroom, while two additional bedrooms are conveniently located at the front of the home and share a second full bathroom. The Violet also includes a 2-car garage, designed to comfortably fit two vehicles or one vehicle plus a workbench or storage space to suit your needs. Make your new home uniquely yours by selecting from customizable color packages tailored to your personal style. Schedule a tour today with one of our representatives and visit our model home to discover why Maronda Homes is the builder for you!

25. 2026-02-04
    status Active 1100-char remark

    Show marketing remark (1100 chars)

    Welcome to The Violet - Stylish, Comfortable Living Step inside The Violet, a beautifully designed 3-bedroom home featuring an impressive formal entryway that sets the tone for this inviting space. The open floor plan seamlessly connects the fully equipped kitchen-complete with a large island perfect for cooking and entertaining-to the cozy family room and adjacent dining nook. With 1,443 finished square feet, this home offers a smart layout ideal for those downsizing or starting their family. The private owner's suite boasts a spacious walk-in closet and a luxurious owner bathroom, while two additional bedrooms are conveniently located at the front of the home and share a second full bathroom. The Violet also includes a 2-car garage, designed to comfortably fit two vehicles or one vehicle plus a workbench or storage space to suit your needs. Make your new home uniquely yours by selecting from customizable color packages tailored to your personal style. Schedule a tour today with one of our representatives and visit our model home to discover why Maronda Homes is the builder for you!

26. 2026-02-03
    historical 1100-char remark

    Show marketing remark (1100 chars)

    Welcome to The Violet - Stylish, Comfortable Living Step inside The Violet, a beautifully designed 3-bedroom home featuring an impressive formal entryway that sets the tone for this inviting space. The open floor plan seamlessly connects the fully equipped kitchen-complete with a large island perfect for cooking and entertaining-to the cozy family room and adjacent dining nook. With 1,443 finished square feet, this home offers a smart layout ideal for those downsizing or starting their family. The private owner's suite boasts a spacious walk-in closet and a luxurious owner bathroom, while two additional bedrooms are conveniently located at the front of the home and share a second full bathroom. The Violet also includes a 2-car garage, designed to comfortably fit two vehicles or one vehicle plus a workbench or storage space to suit your needs. Make your new home uniquely yours by selecting from customizable color packages tailored to your personal style. Schedule a tour today with one of our representatives and visit our model home to discover why Maronda Homes is the builder for you!

27. 2026-01-30
    listed $300,190 Active 1100-char remark

    Show marketing remark (1100 chars)

    Welcome to The Violet - Stylish, Comfortable Living Step inside The Violet, a beautifully designed 3-bedroom home featuring an impressive formal entryway that sets the tone for this inviting space. The open floor plan seamlessly connects the fully equipped kitchen-complete with a large island perfect for cooking and entertaining-to the cozy family room and adjacent dining nook. With 1,443 finished square feet, this home offers a smart layout ideal for those downsizing or starting their family. The private owner's suite boasts a spacious walk-in closet and a luxurious owner bathroom, while two additional bedrooms are conveniently located at the front of the home and share a second full bathroom. The Violet also includes a 2-car garage, designed to comfortably fit two vehicles or one vehicle plus a workbench or storage space to suit your needs. Make your new home uniquely yours by selecting from customizable color packages tailored to your personal style. Schedule a tour today with one of our representatives and visit our model home to discover why Maronda Homes is the builder for you!

28. 2026-01-05
    status Pending 431-char remark

    Show marketing remark (431 chars)

    Situated in the heart of Port Malabar, this residential lot measures 80 by 125 feet and is located outside the flood zone, with no endangered species. Shovel-ready and primed for immediate development, this property is ideally positioned to benefit from Palm Bay's rapid growth, one of the fastest-developing cities in Florida. Perfect for families planning to build their dream home or investors seeking a high-potential property.

29. 2025-12-04
    listed $36,000 Active 431-char remark

    Show marketing remark (431 chars)

    Situated in the heart of Port Malabar, this residential lot measures 80 by 125 feet and is located outside the flood zone, with no endangered species. Shovel-ready and primed for immediate development, this property is ideally positioned to benefit from Palm Bay's rapid growth, one of the fastest-developing cities in Florida. Perfect for families planning to build their dream home or investors seeking a high-potential property.

30. 2025-12-03
    soldstatus $30,000
31. 2019-07-10
    soldstatus $6,000
32. 2019-07-05
    soldstatus $5,995
33. 2019-05-21
    listed $5,995
34. 2016-08-16
    historical
35. 2005-09-07
    soldstatus $59,000
36. 2005-08-31
    soldstatus $59,000
37. 2005-07-06
    listed $60,000
38. 2005-06-15
    soldstatus $40,000
39. 2005-05-31
    soldstatus $80,000
40. 2005-04-26
    listed $42,500
41. 2004-12-16
    soldstatus $28,000
42. 2004-09-27
    listed $28,000
43. 2000-06-09
    soldstatus $27,900

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 9/10 Extreme 6 d/yr ≥106°F today · 17 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: $26,016
• − Mortgage interest: −$16,407
• − Property taxes: −$4,394
• − Insurance: −$1,464
• − Repairs & maintenance: −$2,081
• − Management: −$2,081
• − Depreciation: −$8,521
• Taxable loss: −$8,932
• Est. tax savings @ 24.0%: +$2,144
• After-tax cash flow: $-1,593/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 — Palm Bay

• Score: 72/100
• State rank: #366
• US rank: #6458

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Palm Bay, FL
• County: Brevard County · 602,871 people
• City population: 132,211
• Metro: Palm Bay-Melbourne-Titusville, FL
• Population (ZIP): 41,804
• Household income: $79,977
• Rent vs Own: 17.3% rent · 82.7% own
• Severe rent burden: 697.0

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: Diverse neighborhood (Simpson 0.70)
• Race & ethnicity: White 46% Black 21% Hispanic / Latino 20% Two or more races 16% Asian 4%
• Hispanic origin (detail): Mexican 2% Puerto Rican 8% Cuban 5%
• Common ancestry: Hispanic 3% Slovak 2% Lithuanian 2%
• Foreign-born: 17% · Canada, China, Jamaica
• Languages at home: 84% English-only · Spanish 9% French/Haitian/Cajun 4% Chinese 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: ▲ 18.81%
• Current HPI: 330.8595
• Rent YoY: ▲ 3.67%
• 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

+949.8% since first listed

29 events — show timeline

• 2026-03-06 Price Changed $292,900 Zillow
• 2026-03-06 Price Changed $292,900 SCMLS
• 2026-02-23 Sold (MLS) $36,000 SCMLS
• 2026-02-20 Relisted — Zillow
• 2026-02-20 Listed $299,900 SCMLS
• 2026-02-18 Sold (Public Records) $74,000 Public Records
• 2026-02-07 Delisted — Zillow
• 2026-02-06 Relisted — Zillow
• 2026-02-06 Price Changed $299,900 Zillow
• 2026-02-05 Delisted — Zillow
• 2026-02-04 Relisted — Zillow
• 2026-02-03 Delisted — Zillow
• 2026-01-30 Listed $300,190 Zillow
• 2026-01-05 Pending — SCMLS
• 2025-12-04 Listed $36,000 SCMLS
• 2025-12-03 Sold (Public Records) $30,000 Public Records
• 2019-07-10 Sold (Public Records) $6,000 Public Records
• 2019-07-05 Sold (MLS) $5,995 SCMLS
• 2019-05-21 Listed $5,995 SCMLS
• 2016-08-16 Listing Removed — SCMLS
• 2005-09-07 Sold (Public Records) $59,000 Public Records
• 2005-08-31 Sold (MLS) $59,000 SCMLS
• 2005-07-06 Listed $60,000 SCMLS
• 2005-06-15 Sold (MLS) $40,000 SCMLS
• 2005-05-31 Sold (Public Records) $80,000 Public Records
• 2005-04-26 Listed $42,500 SCMLS
• 2004-12-16 Sold (Public Records) $28,000 Public Records
• 2004-09-27 Listed $28,000 SCMLS
• 2000-06-09 Sold (Public Records) $27,900 Public Records

Property tax history

+12.9%/yr

Latest (2025): $362 · +9.0% YoY. Source: county tax records.