4835 Key Biscayne Dr · Titusville, FL 32780

$175,000

3 bd · 2.0 ba · 1,138 sqft · SingleFamily public records · 17 Days on market

Built 1963 7,405 sqft lot

---

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).

• Cash flow +17.1/30.0
• ARV discount +7.5/15.0
• DSCR +5.3/10.0
• Schools +4.7/10.0
• 1% rule +4.5/10.0
• Livability +4.2/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautifully updated home in Imperial Estates. Three bedroom, 2 bath with a bonus room off the master that can used a an nursery, office, bedroom or master walk in closet. Large one car garage and a huge 26x12 family room that currently is used for a pool table room with a bar. Eat in kitchen has newer cabinets and countertops with glass tile backsplash, a gas range, frig and dishwasher. 12x12 screened in patio with wood deck flooring. Jacuzzi in a private backyard which is fenced in . New Shed and a concrete pad along the side of the house with a double gate leading to another concrete pad along side of the driveway. Plenty of room for a boat and RV. Trane AC system with gas heat and new gas water heater. Roof 2017. Hurry!!

Key facts

• Copper plumbing
• Upgraded flooring
• Generously sized lot

Tags

• UPGRADED FLOORING
• ROOF 2017
• COPPER PLUMBING
• ELECTRICAL PANEL REPLACED
• GENEROUSLY SIZED LOT
• NO HOA

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $123 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $166k (4.9% below list).
• Recommended offer: $166k (4.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 84/100 on livability (#42 in FL, #668 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: crime D, employment 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: Imperial Estates Elementary School (math 46% / reading 50%, grade D, #1,171 of 2,144 statewide, top 55%, 658 students, 58% FRL); Andrew Jackson Middle School (math 52% / reading 47%, grade C, #259 of 571 statewide, top 46%, 551 students, 58% FRL); Titusville High School (math 33% / reading 52%, grade F, #264 of 667 statewide, top 41%, 1,314 students, 55% FRL).
• Market conditions: Rents rising (+1.3%/yr); 465 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 4,602 units permitted in Brevard County in 2024 (702 in 5+ unit buildings).

Forward outlook

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

Negotiation context

• It's been on market 17 days — a 2% lower offer ($172k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 17y ago; this cycle's ask has dropped $20k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $166,396 (4.9% below list)

Questions for the listing agent

1. Built in 1963 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 0.95% ✗
• Cap rate: 7.14%
• Cash-on-cash: 3.02%
• DSCR: 1.13
• GRM: 8.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.29% rent growth · sell at horizon

5-year hold

• IRR: -13.4%
• Equity multiple: 0.52×
• Total profit: $-23,307
• Equity at exit: $26,093

10-year hold

• IRR: -7.4%
• Equity multiple: 0.57×
• Total profit: $-21,289
• Equity at exit: $15,131

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 32780

• Rents YoY: 1.3%
• Active inventory: 465
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,664 high
• Mortgage (P&I): −$918
• Tax from tax record: −$201 /mo · $2,407/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$349
• Net cashflow: $123

Break-even live

Break-even rent $1,508

Max offer price $175,000

Occupancy floor 88%

Sensitivity live

Price	-10% $222	-5% $173	+0% $123	+5% $74	+10% $24
Rent	-10% $-8	-5% $58	+0% $123	+5% $189	+10% $255
Rate	-1.0pp $211	-0.5pp $168	base $123	+0.5pp $78	+1.0pp $32

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 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4793 Sisson Rd Titusville, FL	2.0	1.5	1140	$1,450	$1.27	25d	1	0.18mi
4749 Sisson Rd Titusville, FL	2.0	1.5	1140	$1,550	$1.36	25d	1	0.21mi
605 Key Largo Dr S Titusville, FL	3.0	2.0	1416	$1,800	$1.27	25d	1	0.24mi
1281 Cheney Hwy Unit E Titusville, FL	2.0	2.0	962	$1,450	$1.51	25d	1	0.47mi
1293 Cheney Hwy Unit G Titusville, FL	2.0	2.0	962	$1,389	$1.44	15d	1	0.48mi
1321 Cheney Hwy Titusville, FL	2.0	2.0	962	$1,600	$1.66	25d	1	0.53mi
1321 Cheney Hwy Unit F Titusville, FL	2.0	2.5	962	$1,500	$1.56	25d	1	0.53mi
4225 Abbott Ave Titusville, FL	3.0	1.0	1176	$1,600	$1.36	25d	1	0.67mi
628 Timber Trace Ln Titusville, FL	2.0–3.0	2.0	1104	$1,467	$1.33	25d	1	0.67mi
890 Cynthia Dr Titusville, FL	3.0	2.0	1290	$2,165	$1.68	15d	1	0.75mi
4171 David Dr Titusville, FL	2.0	1.0	900	$1,075	$1.19	25d	1	0.86mi
1700 Chaucer Rd Titusville, FL	3.0	1.5	897	$1,600	$1.78	25d	1	0.86mi
4700 Barna Ave Titusville, FL	2.0	1.0	825	$1,298	$1.57	15d	3	0.94mi
4124 Mount Vernon Ave Titusville, FL	2.0	1.0	901	$1,200	$1.33	15d	1	0.98mi
4050 Mount Sterling Ave Titusville, FL	3.0	1.0	960	$1,700	$1.77	15d	1	0.98mi
4487 Barna Ave #4487 Titusville, FL	2.0	1.0	800	$1,450	$1.81	15d	1	1.00mi
1635 Nassau St Titusville, FL	3.0	2.0	1161	$1,900	$1.64	20d	1	1.09mi
3805 S Hopkins Ave Titusville, FL	1.0–2.0	1.0	720	$1,790	$2.49	15d	7	1.14mi
190 E Olmstead Dr Unit M1 Titusville, FL	2.0	2.0	1023	$1,800	$1.76	25d	1	1.17mi
190 E Olmstead Dr Titusville, FL	2.0–3.0	1.0–2.0	1091	$1,800	$1.65	25d	5	1.21mi
1081 Solamere Dr Titusville, FL	1.0–3.0	1.0–2.0	1331	$2,101	$1.58	15d	17	1.36mi
3570 Sable Palm Ln Titusville, FL	1.0–2.0	1.0–2.0	779	$1,350	$1.73	22d	3	1.38mi
3555 Sable Palm Ln Unit F Titusville, FL	2.0	2.0	864	$1,350	$1.56	25d	1	1.43mi
3555 Sable Palm Ln Unit 7K Titusville, FL	2.0	2.0	864	$1,300	$1.50	25d	1	1.43mi
3645 Barna Ave Titusville, FL	1.0–2.0	1.0	895	$1,350	$1.51	25d	4	1.44mi
5995 Sisson Rd Unit 1 Titusville, FL	2.0	2.0	1100	$1,650	$1.50	20d	1	1.48mi
5995 Sisson Rd Titusville, FL	2.0	2.0	1092	$1,650	$1.51	25d	1	1.48mi

Listing history 14 events

1. 2026-02-04
   status Pending
2. 2026-01-24
   status Active
3. 2026-01-24
   price $175,000
4. 2025-06-25
   status Pending
5. 2025-06-05
   listed $195,000 Active
6. 2019-05-23
   soldstatus $162,000
7. 2019-05-22
   soldstatus $162,000 735-char remark

   Show marketing remark (735 chars)

   Beautifully updated home in Imperial Estates. Three bedroom, 2 bath with a bonus room off the master that can used a an nursery, office, bedroom or master walk in closet. Large one car garage and a huge 26x12 family room that currently is used for a pool table room with a bar. Eat in kitchen has newer cabinets and countertops with glass tile backsplash, a gas range, frig and dishwasher. 12x12 screened in patio with wood deck flooring. Jacuzzi in a private backyard which is fenced in . New Shed and a concrete pad along the side of the house with a double gate leading to another concrete pad along side of the driveway. Plenty of room for a boat and RV. Trane AC system with gas heat and new gas water heater. Roof 2017. Hurry!!

8. 2019-03-20
   listed $165,000 735-char remark

   Show marketing remark (735 chars)

   Beautifully updated home in Imperial Estates. Three bedroom, 2 bath with a bonus room off the master that can used a an nursery, office, bedroom or master walk in closet. Large one car garage and a huge 26x12 family room that currently is used for a pool table room with a bar. Eat in kitchen has newer cabinets and countertops with glass tile backsplash, a gas range, frig and dishwasher. 12x12 screened in patio with wood deck flooring. Jacuzzi in a private backyard which is fenced in . New Shed and a concrete pad along the side of the house with a double gate leading to another concrete pad along side of the driveway. Plenty of room for a boat and RV. Trane AC system with gas heat and new gas water heater. Roof 2017. Hurry!!

9. 2015-10-02
   soldstatus $103,000
10. 2015-09-23
    soldstatus $103,000 736-char remark

    Show marketing remark (736 chars)

    Nicely remodeled home in Imperial Estates 3 or 4 bedroom 2 full baths 1 car oversize garage (390 sq. ft), with over 1660 sq. ft living area there is a huge 26x12 family room. Updates include new kitchen cabinets, counter tops, all kitchen appliances with a gas stove, glass tile back splash, new carpet, complete paint inside and out and so much more. Home with the bonus room off master bedroom you can have a nursery, office, or the largest walk in closet in the area, there is also a nice 12x12 screen porch, completely privacy fenced yard, double gate with concrete huge concrete pad with plenty of parking an RV or boat or both, huge Trane AC system with gas heat, and a gas hot water heater. Don't miss this one it wont last long!

11. 2015-08-22
    listed $109,900 736-char remark

    Show marketing remark (736 chars)

    Nicely remodeled home in Imperial Estates 3 or 4 bedroom 2 full baths 1 car oversize garage (390 sq. ft), with over 1660 sq. ft living area there is a huge 26x12 family room. Updates include new kitchen cabinets, counter tops, all kitchen appliances with a gas stove, glass tile back splash, new carpet, complete paint inside and out and so much more. Home with the bonus room off master bedroom you can have a nursery, office, or the largest walk in closet in the area, there is also a nice 12x12 screen porch, completely privacy fenced yard, double gate with concrete huge concrete pad with plenty of parking an RV or boat or both, huge Trane AC system with gas heat, and a gas hot water heater. Don't miss this one it wont last long!

12. 2010-03-17
    soldstatus $80,000
13. 2010-03-12
    soldstatus $80,000
14. 2009-12-21
    listed $82,500

ⓘ 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: $2,407 · $201/mo
• Projected year-2 tax: $2,407 · $201/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 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 23 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: $19,968
• − Mortgage interest: −$9,803
• − Property taxes: −$2,407
• − Insurance: −$875
• − Repairs & maintenance: −$1,597
• − Management: −$1,597
• − Depreciation: −$5,091
• Taxable loss: −$1,403
• Est. tax savings @ 24.0%: +$337
• After-tax cash flow: $1,816/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 — Titusville

• Score: 84/100
• State rank: #42
• US rank: #668

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Brevard County · 602,871 people
• City population: 60,286
• Metro: Palm Bay-Melbourne-Titusville, FL
• Population (ZIP): 40,064
• Household income: $67,690
• Rent vs Own: 28.2% rent · 71.8% own
• Severe rent burden: 1141.0

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 (70%)
• Race & ethnicity: White 70% Black 13% Hispanic / Latino 8% Two or more races 8% Asian 3%
• Hispanic origin (detail): Mexican 1% Puerto Rican 4% Cuban 1%
• Common ancestry: Romanian 2% Slovak 2% Lithuanian 2%
• Foreign-born: 8% · Canada, China
• Languages at home: 89% English-only · Spanish 6% Other Indo-European 1% 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: ▼ -162.54%
• Current HPI: 297.151
• Rent YoY: ▲ 1.29%
• 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

+112.1% since first listed

14 events — show timeline

• 2026-02-04 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-01-24 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-01-24 Price Changed $175,000 Stellar MLS as Distributed by MLS Grid
• 2025-06-25 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-06-05 Listed $195,000 Stellar MLS as Distributed by MLS Grid
• 2019-05-23 Sold (Public Records) $162,000 Public Records
• 2019-05-22 Sold (MLS) $162,000 SCMLS
• 2019-03-20 Listed $165,000 SCMLS
• 2015-10-02 Sold (Public Records) $103,000 Public Records
• 2015-09-23 Sold (MLS) $103,000 SCMLS
• 2015-08-22 Listed $109,900 SCMLS
• 2010-03-17 Sold (Public Records) $80,000 Public Records
• 2010-03-12 Sold (MLS) $80,000 SCMLS
• 2009-12-21 Listed $82,500 SCMLS

Property tax history

+5.5%/yr

Latest (2025): $2,407 · +7.0% YoY. Source: county tax records.