590 Remington Green Dr SE #102 · Palm Bay, FL 32909

$299,900

2 bd · 2.0 ba · 1,394 sqft · Townhouse public records · 48 Days on market

Built 2019 3,485 sqft lot $248/mo HOA · 12% 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).

• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Cash flow +4.9/30.0
• Schools +4.7/10.0
• Livability +3.6/5.0
• Rent growth +3.4/5.0
• Condition / age +2.5/5.0
• 1% rule +1.6/10.0
• DSCR +0.0/10.0

Listing remarks MLS

Embrace the lakeside living in this captivating 2bed & den, 2-bath unit. Enjoy picturesque lake views from your private screened patio. The modern kitchen boasts sleek stainless steel appliances and a practical snack bar, blending style & functionality seamlessly. With two bedrooms and a versatile den, this single-family attached residence provides ample space for comfort and flexibility, gated with pool & clubhouse & low dues. Unwind in the tranquility of your new home where the perfect blend of modern design, natural beauty creates an inviting and peaceful atmosphere. A Lakeside haven.

Key facts

• Flexible space
• Screened porch
• Nature views

Tags

• SCREENED PORCH
• NATURE VIEWS
• WALKING PATH
• FLEXIBLE SPACE
• HOME OFFICE
• JACK-AND-JILL BATH

Property features AI

Finance

• Other: Furnishing negotiable
• HOA & community: Community association (Fairway Crossings townhomes at Bayside Lakes); Quarterly association fee; Association fee covers grounds maintenance; Community amenities: clubhouse, fitness center, gated entry, playground, tennis courts, off-site management

Exterior

• Parking: 1-car garage with garage door opener; Has garage
• Security: Security gate; Smoke detectors; Fire alarm; Carbon monoxide detectors; Other security features
• Utilities: Public sewer; Water available; Electricity available; Cable available; Sewer available
• Home design: Townhouse; One-story; Faces northwest; Residential use
• Construction: Block and stucco construction; Shingle roof
• Exterior features: Covered front porch; Covered rear porch; Screened porch; Storm shutters; Sprinklers in front and rear; Pond on the property; City street frontage; Asphalt/paved road access

Interior

• Kitchen: Convection oven; Dishwasher; Disposal; Electric cooktop; Electric oven; Electric range; Freezer; Ice maker; Microwave; Refrigerator
• Bedrooms: 2 bedrooms on the main level
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Breakfast bar; Breakfast nook; Ceiling fans; Eat-in kitchen; Guest suite; Jack-and-Jill bathroom; Open floorplan; Pantry; Primary bathroom with shower (no tub); Walk-in closets; 8 total rooms
• Laundry & utility: In-unit laundry; Washer; Dryer; Electric dryer hookup; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath townhouse listed at $300k.

Deal economics

• At list price, monthly cash flow is $-726 ($-9k/yr) — negative.
• To cash-flow at today's rent, offer at most $172k (42.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $199k (33.7% below list).
• Recommended offer: $172k (42.8% below list) — sets the bar for cash-flow.

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: Westside Elementary School (math 51% / reading 58%, grade C, #892 of 2,144 statewide, top 44%, 798 students, 52% 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; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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).

Forward outlook

• In year one you build about $32k of equity ($2k loan paydown + $30k 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 ~$52k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 48 days — a 3% lower offer ($291k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 7y 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 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $171,599 (42.8% 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 48 days. Have you received any prior offers? Is the seller open to a 43% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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: 0.66% ✗
• Cap rate: 3.39%
• Cash-on-cash: -10.38%
• DSCR: 0.54
• GRM: 12.6

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: 17.2%
• Equity multiple: 2.41×
• Total profit: $118,593
• Equity at exit: $270,174

10-year hold

• IRR: 16.4%
• Equity multiple: 5.63×
• Total profit: $388,763
• Equity at exit: $582,640

Cash invested: $83,972 (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: 12.6×

Monthly cashflow live

• Estimated rent: $1,988 high
• Mortgage (P&I): −$1,573
• Tax from tax record: −$351 /mo · $4,217/yr
• Insurance: −$125
• HOA: −$248
• Vacancy / Maint / Mgmt: −$418
• Net cashflow: $-726

Break-even live

Break-even rent $2,908

Max offer price $171,599

Occupancy floor —

Sensitivity live

Price	-10% $-557	-5% $-641	+0% $-726	+5% $-811	+10% $-896
Rent	-10% $-883	-5% $-805	+0% $-726	+5% $-648	+10% $-569
Rate	-1.0pp $-575	-0.5pp $-650	base $-726	+0.5pp $-804	+1.0pp $-883

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: $74,975
• Closing costs: $8,997
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2250 Chinaberry Cir SE Palm Bay, FL	3.0	2.0	1669	$1,995	$1.20	24d	1	0.15mi
1224 Dillard Dr SE Palm Bay, FL	3.0	2.0	1770	$2,336	$1.32	15d	1	0.71mi
2749 Freehold Ave SE Palm Bay, FL	3.0	2.0	1386	$1,800	$1.30	24d	1	1.12mi
2036 Walsh Ave SE Palm Bay, FL	3.0	2.0	1331	$1,930	$1.45	24d	1	1.21mi
2785 Gabboys Ave SE Palm Bay, FL	3.0	2.0	1475	$1,849	$1.25	24d	1	1.22mi
2910 Emerson Dr SE Palm Bay, FL	3.0	2.0	1700	$1,950	$1.15	15d	1	1.30mi
1150 Tiger St SE Palm Bay, FL	3.0	2.0	1690	$1,950	$1.15	15d	1	1.31mi
1068 Saint Johns St SE Palm Bay, FL	3.0	2.0	1332	$2,000	$1.50	24d	1	1.35mi
1736 La Maderia Dr SW Palm Bay, FL	3.0	2.0	1873	$2,000	$1.07	24d	1	1.47mi
1198 Venus St SE Palm Bay, FL	3.0	2.0	1535	$1,961	$1.28	22d	1	1.48mi

HOA detail

• Monthly dues: $248 · $2,976/yr
• Likely covers: poolsecurity

Listing history 30 events

1. 2026-06-18
   days on market $299,900 Active 48 DOM
2. 2026-06-17
   days on market $299,900 Active 47 DOM
3. 2026-06-16
   days on market $299,900 Active 46 DOM
4. 2026-06-15
   days on market $299,900 Active 45 DOM
5. 2026-06-14
   days on market $299,900 Active 43 DOM
6. 2026-06-10
   days on market $299,900 Active 40 DOM
7. 2026-06-08
   days on market $299,900 Active 38 DOM
8. 2026-06-07
   days on market $299,900 Active 37 DOM
9. 2026-06-05
   days on market $299,900 Active 34 DOM
10. 2026-06-03
    days on market $299,900 Active 33 DOM
11. 2026-06-02
    days on market $299,900 Active 32 DOM
12. 2026-06-01
    days on market $299,900 Active 31 DOM
13. 2026-05-31
    days on market $299,900 Active 30 DOM
14. 2026-05-31
    days on market $299,900 Active 29 DOM
15. 2026-05-01
    listed $299,900 Active
16. 2024-12-06
    soldstatus $295,000 Closed 618-char remark

    Show marketing remark (618 chars)

    Embrace the lakeside living in this captivating 2bed & den, 2-bath unit. Enjoy picturesque lake views from your private screened patio. The modern kitchen boasts sleek stainless steel appliances and a practical snack bar, blending style & functionality seamlessly. With two bedrooms and a versatile den, this single-family attached residence provides ample space for comfort and flexibility, gated with pool & clubhouse & low dues. Unwind in the tranquility of your new home where the perfect blend of modern design, natural beauty creates an inviting and peaceful atmosphere. A Lakeside haven.

17. 2024-12-06
    soldstatus $295,000

    Show marketing remark (618 chars)

    Embrace the lakeside living in this captivating 2bed & den, 2-bath unit. Enjoy picturesque lake views from your private screened patio. The modern kitchen boasts sleek stainless steel appliances and a practical snack bar, blending style & functionality seamlessly. With two bedrooms and a versatile den, this single-family attached residence provides ample space for comfort and flexibility, gated with pool & clubhouse & low dues. Unwind in the tranquility of your new home where the perfect blend of modern design, natural beauty creates an inviting and peaceful atmosphere. A Lakeside haven.

18. 2024-11-06
    historical Active Under Contract 618-char remark

    Show marketing remark (618 chars)

    Embrace the lakeside living in this captivating 2bed & den, 2-bath unit. Enjoy picturesque lake views from your private screened patio. The modern kitchen boasts sleek stainless steel appliances and a practical snack bar, blending style & functionality seamlessly. With two bedrooms and a versatile den, this single-family attached residence provides ample space for comfort and flexibility, gated with pool & clubhouse & low dues. Unwind in the tranquility of your new home where the perfect blend of modern design, natural beauty creates an inviting and peaceful atmosphere. A Lakeside haven.

19. 2024-03-06
    listed $299,000 Active
20. 2024-03-05
    listed $299,000 Active
21. 2024-03-04
    listed $299,000 Active 618-char remark

    Show marketing remark (618 chars)

    Embrace the lakeside living in this captivating 2bed & den, 2-bath unit. Enjoy picturesque lake views from your private screened patio. The modern kitchen boasts sleek stainless steel appliances and a practical snack bar, blending style & functionality seamlessly. With two bedrooms and a versatile den, this single-family attached residence provides ample space for comfort and flexibility, gated with pool & clubhouse & low dues. Unwind in the tranquility of your new home where the perfect blend of modern design, natural beauty creates an inviting and peaceful atmosphere. A Lakeside haven.

22. 2024-02-23
    historical $299,000 618-char remark

    Show marketing remark (618 chars)

    Embrace the lakeside living in this captivating 2bed & den, 2-bath unit. Enjoy picturesque lake views from your private screened patio. The modern kitchen boasts sleek stainless steel appliances and a practical snack bar, blending style & functionality seamlessly. With two bedrooms and a versatile den, this single-family attached residence provides ample space for comfort and flexibility, gated with pool & clubhouse & low dues. Unwind in the tranquility of your new home where the perfect blend of modern design, natural beauty creates an inviting and peaceful atmosphere. A Lakeside haven.

23. 2023-11-06
    soldstatus $300,000
24. 2023-11-02
    soldstatus $300,000 Closed
25. 2023-10-03
    historical Backups
26. 2023-09-28
    listed $299,999 Active
27. 2020-01-10
    soldstatus $189,990
28. 2019-08-16
    listed $193,890
29. 2015-12-11
    soldstatus $2,864,400
30. 2015-12-09
    soldstatus $2,108,900

ⓘ 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: $4,217 · $351/mo
• Projected year-2 tax: $4,217 · $351/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 2/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥106°F today · 22 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: $23,860
• − Mortgage interest: −$16,799
• − Property taxes: −$4,217
• − Insurance: −$1,500
• − Repairs & maintenance: −$1,909
• − Management: −$1,909
• − HOA: −$2,976
• − Depreciation: −$8,724
• Taxable loss: −$14,173
• Est. tax savings @ 24.0%: +$3,402
• After-tax cash flow: $-5,314/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

-85.8% since first listed

16 events — show timeline

• 2026-05-01 Listed $299,900 SCMLS
• 2024-12-06 Sold (Public Records) $295,000 Public Records
• 2024-12-06 Sold (MLS) $295,000 RAIRCMLS
• 2024-11-06 Contingent — RAIRCMLS
• 2024-03-06 Listed $299,000 Beaches MLS
• 2024-03-05 Listed $299,000 SCMLS
• 2024-03-04 Listed $299,000 RAIRCMLS
• 2024-02-23 Coming Soon $299,000 RAIRCMLS
• 2023-11-06 Sold (Public Records) $300,000 Public Records
• 2023-11-02 Sold (MLS) $300,000 SCMLS
• 2023-10-03 Contingent — SCMLS
• 2023-09-28 Listed $299,999 SCMLS
• 2020-01-10 Sold (MLS) $189,990 SCMLS
• 2019-08-16 Listed $193,890 SCMLS
• 2015-12-11 Sold (Public Records) $2,864,400 Public Records
• 2015-12-09 Sold (Public Records) $2,108,900 Public Records

Property tax history

+26.7%/yr

Latest (2025): $4,217 · -1.6% YoY. Source: county tax records.