3798 Jupiter Blvd SE · Palm Bay, FL 32909

$399,000

4 bd · 3.0 ba · 2,628 sqft · SingleFamily public records · 35 Days on market

Built 2006 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
• ARV discount +7.5/15.0
• Cash flow +6.1/30.0
• Schools +4.7/10.0
• Livability +3.6/5.0
• Rent growth +3.4/5.0
• Condition / age +2.5/5.0
• 1% rule +1.4/10.0
• DSCR +0.4/10.0

Listing remarks MLS

This spacious two-story home offers the perfect blend of comfort and convenience. 4 BD 2 1/2 BR . Featuring a BRAND NEW roof, a large kitchen with elegant granite countertops, and a fenced backyard ideal for outdoor gatherings. This property is move-in ready. The versatile mother-in-law suite adds incredible value for extended family or guests. Conveniently located near major shopping, dining, Eastern Florida State College, and with easy access to I-95. This home provides both functionality and a prime location. Don't miss this fantastic opportunity!

Key facts

• Mother-in-law suite
• Near shopping
• Roof 2025

Tags

• ROOF 2025
• LARGE KITCHEN
• FENCED BACKYARD
• MOTHER-IN-LAW SUITE
• MULTI-GENERATIONAL LIVING
• NEAR SHOPPING

Property features AI

Finance

• Other: Pets allowed

Exterior

• Parking: Attached garage (2 spaces)
• Utilities: Public sewer; Electricity connected
• Home design: Single family residence; Two levels; North-facing
• Construction: Concrete, frame and stucco construction
• Exterior features: Storm shutters; Front porch; Porch; Fenced yard (wood)

Interior

• Kitchen: Dishwasher; Electric cooktop; Electric oven; Refrigerator
• Bedrooms: 4 bedrooms
• Flooring: Carpet
• Bathrooms: 3 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: In-law floorplan
• Laundry & utility: Washer and dryer included; Electric dryer hookup; Washer hookup; Upper-level laundry

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $399k.

Deal economics

• At list price, monthly cash flow is $-753 ($-9k/yr) — negative.
• To cash-flow at today's rent, offer at most $266k (33.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $254k (36.4% below list).
• Recommended offer: $254k (36.4% 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: John F. Turner Senior Elementary School (math 38% / reading 43%, grade F, #1,471 of 2,144 statewide, top 69%, 543 students, 69% FRL); Southwest Middle School (math 40% / reading 39%, grade F, #373 of 571 statewide, top 66%, 920 students, 58% FRL); Palm Bay Magnet Senior High School (math 25% / reading 37%, grade F, #429 of 667 statewide, top 65%, 1,486 students, 63% FRL) — zoned schools average 63% FRL vs 43% district-wide (20 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 37% at this address vs 55% district-wide (-18 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; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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 38% 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 $43k of equity ($3k loan paydown + $40k 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 ~$69k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 35 days — a 3% lower offer ($387k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 5y 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

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 5→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $253,958 (36.4% 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 35 days. Have you received any prior offers? Is the seller open to a 36% concession, seller financing, or rate buy-down credit?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 0.64% ✗
• Cap rate: 4.03%
• Cash-on-cash: -8.09%
• DSCR: 0.64
• GRM: 13.1

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: 18.7%
• Equity multiple: 2.53×
• Total profit: $171,081
• Equity at exit: $359,451

10-year hold

• IRR: 17.5%
• Equity multiple: 5.88×
• Total profit: $545,217
• Equity at exit: $775,169

Cash invested: $111,720 (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: 13.1×

Monthly cashflow live

• Estimated rent: $2,540 high
• Mortgage (P&I): −$2,092
• Tax from tax record: −$501 /mo · $6,013/yr
• Insurance: −$166
• HOA: −$0
• Vacancy / Maint / Mgmt: −$533
• Net cashflow: $-753

Break-even live

Break-even rent $3,493

Max offer price $265,900

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: $99,750
• Closing costs: $11,970
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
907 Algardi St SE Palm Bay, FL	4.0	2.0	1943	$2,330	$1.20	23d	1	0.32mi
885 Talmadge Ave SE Palm Bay, FL	3.0	2.0	1787	$2,300	$1.29	21d	1	0.69mi
490 Hatcher St SE Palm Bay, FL	4.0	2.0	1833	$2,150	$1.17	21d	1	1.19mi
647 Airoso Rd SE Palm Bay, FL	4.0	3.0	2365	$2,900	$1.23	13d	1	1.34mi
1210 Vandalia Ave SE Palm Bay, FL	4.0	2.0	1833	$2,050	$1.12	14d	1	1.34mi
334 Bordeaux Ave NE Palm Bay, FL	4.0	2.0	2083	$2,250	$1.08	14d	1	1.39mi
1129 Colonial Ave SE Palm Bay, FL	4.0	3.0	2008	$2,500	$1.25	19d	1	1.40mi
309 Cactus St SE Palm Bay, FL	4.0	2.0	1846	$2,195	$1.19	14d	1	1.46mi

Listing history 30 events

1. 2026-06-18
   days on market $399,000 Active 35 DOM
2. 2026-06-17
   days on market $399,000 Active 34 DOM
3. 2026-06-16
   days on market $399,000 Active 33 DOM
4. 2026-06-15
   days on market $399,000 Active 32 DOM
5. 2026-06-14
   days on market $399,000 Active 30 DOM
6. 2026-06-10
   days on market $399,000 Active 27 DOM
7. 2026-06-08
   days on market $399,000 Active 25 DOM
8. 2026-06-07
   days on market $399,000 Active 24 DOM
9. 2026-06-05
   days on market $399,000 Active 21 DOM
10. 2026-06-03
    days on market $399,000 Active 20 DOM
11. 2026-06-02
    days on market $399,000 Active 19 DOM
12. 2026-06-01
    pricedays on market $399,000 Active 18 DOM
13. 2026-05-31
    days on market $409,900 Active 17 DOM
14. 2026-05-31
    days on market $409,900 Active 16 DOM
15. 2026-05-14
    listed $409,900 Active
16. 2025-12-30
    price $410,000 557-char remark

    Show marketing remark (557 chars)

    This spacious two-story home offers the perfect blend of comfort and convenience. 4 BD 2 1/2 BR . Featuring a BRAND NEW roof, a large kitchen with elegant granite countertops, and a fenced backyard ideal for outdoor gatherings. This property is move-in ready. The versatile mother-in-law suite adds incredible value for extended family or guests. Conveniently located near major shopping, dining, Eastern Florida State College, and with easy access to I-95. This home provides both functionality and a prime location. Don't miss this fantastic opportunity!

17. 2025-12-14
    status Active 557-char remark

    Show marketing remark (557 chars)

    This spacious two-story home offers the perfect blend of comfort and convenience. 4 BD 2 1/2 BR . Featuring a BRAND NEW roof, a large kitchen with elegant granite countertops, and a fenced backyard ideal for outdoor gatherings. This property is move-in ready. The versatile mother-in-law suite adds incredible value for extended family or guests. Conveniently located near major shopping, dining, Eastern Florida State College, and with easy access to I-95. This home provides both functionality and a prime location. Don't miss this fantastic opportunity!

18. 2025-11-04
    status Active 557-char remark

    Show marketing remark (557 chars)

    This spacious two-story home offers the perfect blend of comfort and convenience. 4 BD 2 1/2 BR . Featuring a BRAND NEW roof, a large kitchen with elegant granite countertops, and a fenced backyard ideal for outdoor gatherings. This property is move-in ready. The versatile mother-in-law suite adds incredible value for extended family or guests. Conveniently located near major shopping, dining, Eastern Florida State College, and with easy access to I-95. This home provides both functionality and a prime location. Don't miss this fantastic opportunity!

19. 2025-09-23
    status Pending 557-char remark

    Show marketing remark (557 chars)

    This spacious two-story home offers the perfect blend of comfort and convenience. 4 BD 2 1/2 BR . Featuring a BRAND NEW roof, a large kitchen with elegant granite countertops, and a fenced backyard ideal for outdoor gatherings. This property is move-in ready. The versatile mother-in-law suite adds incredible value for extended family or guests. Conveniently located near major shopping, dining, Eastern Florida State College, and with easy access to I-95. This home provides both functionality and a prime location. Don't miss this fantastic opportunity!

20. 2025-09-23
    historical 557-char remark

    Show marketing remark (557 chars)

    This spacious two-story home offers the perfect blend of comfort and convenience. 4 BD 2 1/2 BR . Featuring a BRAND NEW roof, a large kitchen with elegant granite countertops, and a fenced backyard ideal for outdoor gatherings. This property is move-in ready. The versatile mother-in-law suite adds incredible value for extended family or guests. Conveniently located near major shopping, dining, Eastern Florida State College, and with easy access to I-95. This home provides both functionality and a prime location. Don't miss this fantastic opportunity!

21. 2025-09-23
    historical 557-char remark

    Show marketing remark (557 chars)

    This spacious two-story home offers the perfect blend of comfort and convenience. 4 BD 2 1/2 BR . Featuring a BRAND NEW roof, a large kitchen with elegant granite countertops, and a fenced backyard ideal for outdoor gatherings. This property is move-in ready. The versatile mother-in-law suite adds incredible value for extended family or guests. Conveniently located near major shopping, dining, Eastern Florida State College, and with easy access to I-95. This home provides both functionality and a prime location. Don't miss this fantastic opportunity!

22. 2025-09-09
    status Active 557-char remark

    Show marketing remark (557 chars)

    This spacious two-story home offers the perfect blend of comfort and convenience. 4 BD 2 1/2 BR . Featuring a BRAND NEW roof, a large kitchen with elegant granite countertops, and a fenced backyard ideal for outdoor gatherings. This property is move-in ready. The versatile mother-in-law suite adds incredible value for extended family or guests. Conveniently located near major shopping, dining, Eastern Florida State College, and with easy access to I-95. This home provides both functionality and a prime location. Don't miss this fantastic opportunity!

23. 2025-09-09
    status Pending 557-char remark

    Show marketing remark (557 chars)

    This spacious two-story home offers the perfect blend of comfort and convenience. 4 BD 2 1/2 BR . Featuring a BRAND NEW roof, a large kitchen with elegant granite countertops, and a fenced backyard ideal for outdoor gatherings. This property is move-in ready. The versatile mother-in-law suite adds incredible value for extended family or guests. Conveniently located near major shopping, dining, Eastern Florida State College, and with easy access to I-95. This home provides both functionality and a prime location. Don't miss this fantastic opportunity!

24. 2025-08-22
    listed $425,000 Active 557-char remark

    Show marketing remark (557 chars)

    This spacious two-story home offers the perfect blend of comfort and convenience. 4 BD 2 1/2 BR . Featuring a BRAND NEW roof, a large kitchen with elegant granite countertops, and a fenced backyard ideal for outdoor gatherings. This property is move-in ready. The versatile mother-in-law suite adds incredible value for extended family or guests. Conveniently located near major shopping, dining, Eastern Florida State College, and with easy access to I-95. This home provides both functionality and a prime location. Don't miss this fantastic opportunity!

25. 2021-07-29
    soldstatus $349,900
26. 2021-07-15
    soldstatus $349,900 Closed 830-char remark

    Show marketing remark (830 chars)

    Very Open Floor Plan. Large 4 bedroom 2.5 bath home. Original Owners. Home Built in 2006 with 2,628 living sq ft under AC. Concrete Block Construction – City Water & Sewer. All Vaulted Ceilings welcome you from the Foyer Entry to the Dining Area and beyond to the Family Area and Kitchen. The Kitchen is open to the Family room and has a substantial amount of Granite Counter space – prep area, newer appliances, and breakfast bar, plus an eat in area with access to the trussed porch. Convenient ½ bath downstairs. Lots of storage. Huge Master Suite & 3 guest bedrooms upstairs – plus a large laundry room with storage closet. Master bath with double sinks, Garden Tub & Glass Shower. Privacy fenced back yard - fruit trees. Newer AC System. Hurricane Panels. No HOA! Great Home! Home!

27. 2021-06-05
    historical Contingent 830-char remark

    Show marketing remark (830 chars)

    Very Open Floor Plan. Large 4 bedroom 2.5 bath home. Original Owners. Home Built in 2006 with 2,628 living sq ft under AC. Concrete Block Construction – City Water & Sewer. All Vaulted Ceilings welcome you from the Foyer Entry to the Dining Area and beyond to the Family Area and Kitchen. The Kitchen is open to the Family room and has a substantial amount of Granite Counter space – prep area, newer appliances, and breakfast bar, plus an eat in area with access to the trussed porch. Convenient ½ bath downstairs. Lots of storage. Huge Master Suite & 3 guest bedrooms upstairs – plus a large laundry room with storage closet. Master bath with double sinks, Garden Tub & Glass Shower. Privacy fenced back yard - fruit trees. Newer AC System. Hurricane Panels. No HOA! Great Home! Home!

28. 2021-05-15
    listed $349,900 Active 830-char remark

    Show marketing remark (830 chars)

    Very Open Floor Plan. Large 4 bedroom 2.5 bath home. Original Owners. Home Built in 2006 with 2,628 living sq ft under AC. Concrete Block Construction – City Water & Sewer. All Vaulted Ceilings welcome you from the Foyer Entry to the Dining Area and beyond to the Family Area and Kitchen. The Kitchen is open to the Family room and has a substantial amount of Granite Counter space – prep area, newer appliances, and breakfast bar, plus an eat in area with access to the trussed porch. Convenient ½ bath downstairs. Lots of storage. Huge Master Suite & 3 guest bedrooms upstairs – plus a large laundry room with storage closet. Master bath with double sinks, Garden Tub & Glass Shower. Privacy fenced back yard - fruit trees. Newer AC System. Hurricane Panels. No HOA! Great Home! Home!

29. 2004-10-06
    soldstatus $70,000
30. 2003-07-14
    soldstatus $16,000

ⓘ 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: $6,013 · $501/mo
• Projected year-2 tax: $6,013 · $501/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 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 9/10 Extreme 5 d/yr ≥106°F today · 16 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: $30,475
• − Mortgage interest: −$22,350
• − Property taxes: −$6,013
• − Insurance: −$1,995
• − Repairs & maintenance: −$2,438
• − Management: −$2,438
• − Depreciation: −$11,607
• Taxable loss: −$16,366
• Est. tax savings @ 24.0%: +$3,928
• After-tax cash flow: $-5,113/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

+2461.9% since first listed

16 events — show timeline

• 2026-05-14 Listed $409,900 SCMLS
• 2025-12-30 Price Changed $410,000 SCMLS
• 2025-12-14 Relisted — SCMLS
• 2025-11-04 Relisted — SCMLS
• 2025-09-23 Pending — SCMLS
• 2025-09-23 Listing Removed — SCMLS
• 2025-09-23 Listing Removed — SCMLS
• 2025-09-09 Relisted — SCMLS
• 2025-09-09 Pending — SCMLS
• 2025-08-22 Listed $425,000 SCMLS
• 2021-07-29 Sold (Public Records) $349,900 Public Records
• 2021-07-15 Sold (MLS) $349,900 SCMLS
• 2021-06-05 Contingent — SCMLS
• 2021-05-15 Listed $349,900 SCMLS
• 2004-10-06 Sold (Public Records) $70,000 Public Records
• 2003-07-14 Sold (Public Records) $16,000 Public Records

Property tax history

+14.0%/yr

Latest (2025): $6,013 · -17.0% YoY. Source: county tax records.