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3405 Hyperion Way SE
D- Composite 38.99
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 +2.4/10.0
  • DSCR +0.0/10.0

$275,000

3405 Hyperion Way SE · Palm Bay, FL 32909
2 bd · 2.0 ba · 1,513 sqft · SingleFamily public records · 78 Days on market
Built 2007 4,791 sqft lot $348/mo HOA · 17% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

* * * NEW PRICE * * * POOL HOME WITH CONTROLLED GATED ACCESS Spanish Mediterranean style designed residence with pool. Melbourne Airport 25 minutes; Orlando Airport 45 minutes. From one of the nation's premier upscale builders, DiVosta Homes with attention to detail and quality with solid poured concrete walls with built in storm shutters. Gated community at Lakes of Waterstone of only 100 residences with park-like open spaces, oak tree lined streets, lakes and trails results in an outstanding residential environment. New appliances and wrap-around breakfast bar enhance the kitchen. Vaulted ceilings, recessed lighting with Plantation shutters throughout the residence validate a decorator's special touch. Expansive dining room overlooking the garden and private pool area results in a tranquil living environment. Both expansive bedrooms feature oversized walk in style closets. Custom cabinetry in kitchen and laundry area. Note the imported Italian tile throughout the residence with wood grain

Key facts

  • Gated community
  • New appliances
  • Gated pool home

Tags

GATED POOL HOMEGATED COMMUNITYNEW APPLIANCESWRAP-AROUND BREAKFAST BAREXPANSIVE DINING ROOMLARGE EXPANSIVE STYLE CLOSETS

Property features AI

Finance

  • Other: Private gunite in-ground pool (15x20) with lighting, pool sweep and tile; Lot approximately 0.11 acres (mature landscaping); Living area and building area reported in public records; Home warranty included
  • Financial info: No lease restrictions indicated
  • HOA & community: Has HOA (monthly $348 / quarterly fee $1,044); HOA includes common area taxes, pool, security; Community amenities: clubhouse, fitness center, pool, gated, security, park, sidewalks, tennis courts, street lights, golf carts allowed; Pets allowed with limits (max 80 lbs)

Exterior

  • Parking: Attached 2-car garage (22x22); Driveway; Curb parking
  • Security: Fire alarm; Security system (owned); Security fencing/lighting/alarms; Gated community; Smoke detectors
  • Utilities: Public water; Public sewer; Electricity connected; Water connected; Sewer connected; Underground utilities; Broadband/high-speed internet available
  • Home design: Single family residence; One story; East-facing
  • Construction: Concrete construction; Tile roof; Other foundation; Built by DiVosta/Pulte
  • Exterior features: Covered, enclosed and screened patio/porch; Hurricane shutters; Sliding doors; Irrigation equipment; Mature landscaping with trees

Interior

  • Kitchen: Built-in oven; Cooktop/Range; Microwave; Dishwasher; Disposal; Freezer
  • Bedrooms: 2 bedrooms; Attic and Florida room (additional living/storage spaces)
  • Flooring: Carpet; Marble; Wood
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Ceiling fans; Central vacuum; High ceilings; Vaulted ceilings; Solid wood cabinets; Window treatments; Insulated windows; Shutters
  • Laundry & utility: Laundry room; Washer; Dryer

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath single-family listed at $275k.

Deal economics

  • At list price, monthly cash flow is $-666 ($-8k/yr) — negative.
  • To cash-flow at today's rent, offer at most $157k (42.8% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $204k (25.7% below list).
  • Recommended offer: $157k (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: schools C-, employment D+, amenities 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.
  • 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 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).
  • This rent runs 31% 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 $29k of equity ($2k loan paydown + $28k 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 ~$47k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 78 days — a 6% lower offer ($258k) is reasonable based on typical stale-listing flexibility.
  • 7 sale attempts since 18y 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; moderate wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $157,410 (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 78 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  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 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
3.39%
Cash-on-cash
-10.37%
DSCR
0.54
GRM
11.2

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
2.42×
Total profit
$109,028
Equity at exit
$247,742
10-year hold
IRR
16.5%
Equity multiple
5.65×
Total profit
$357,829
Equity at exit
$534,265

Cash invested: $77,000 (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.

ZIP-level market 32909

Home prices YoY
6.0%
Rents YoY
3.7%
Active inventory
1111
Price-to-rent
11.2×

Monthly cashflow live

Estimated rent
$2,044 high interval (Pro) →
Mortgage (P&I)
$1,442
Tax from tax record
$376 /mo · $4,509/yr
Insurance
$115
HOA
$348
Vacancy / Maint / Mgmt
$429
Net cashflow
$-666

Break-even live

Break-even rent $2,887
Max offer price $157,410
Occupancy floor

Sensitivity live

Price -10% $-510 -5% $-588 +0% $-666 +5% $-743 +10% $-821
Rent -10% $-827 -5% $-746 +0% $-666 +5% $-585 +10% $-504
Rate -1.0pp $-527 -0.5pp $-596 base $-666 +0.5pp $-737 +1.0pp $-809

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
$68,750
Closing costs
$8,250
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 8 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1063 Grantham Ln SE Palm Bay, FL 3.0 2.0 1515 $2,000 $1.32 24d 1 0.24mi
1453 Santa Anna St SE Palm Bay, FL 3.0 2.0 1994 $2,500 $1.25 15d 1 0.59mi
1884 Middlebury Dr SE Palm Bay, FL 3.0 2.0 1761 $2,000 $1.14 24d 1 0.61mi
820 Tedder Rd SE Palm Bay, FL 3.0 2.0 1808 $2,000 $1.11 24d 1 1.05mi
2183 Farmhouse Rd SE Palm Bay, FL 3.0 2.0 1676 $2,000 $1.19 24d 1 1.11mi
2877 Palisades Dr SE Palm Bay, FL 3.0 2.0 1974 $2,150 $1.09 20d 1 1.11mi
3219 Hainsworth Ave SE Palm Bay, FL 3.0 2.0 1219 $2,100 $1.72 15d 1 1.45mi
1198 Venus St SE Palm Bay, FL 3.0 2.0 1535 $1,961 $1.28 22d 1 1.45mi

HOA detail

Monthly dues
$348 · $4,176/yr
Likely covers
waterpoolsecurity

Listing history 43 events

  1. 2026-06-18
    days on market $275,000 Active 78 DOM
  2. 2026-06-17
    days on market $275,000 Active 77 DOM
  3. 2026-06-16
    days on market $275,000 Active 76 DOM
  4. 2026-06-15
    days on market $275,000 Active 75 DOM
  5. 2026-06-14
    days on market $275,000 Active 73 DOM
  6. 2026-06-10
    days on market $275,000 Active 70 DOM
  7. 2026-06-08
    days on market $275,000 Active 68 DOM
  8. 2026-06-07
    days on market $275,000 Active 67 DOM
  9. 2026-06-05
    days on market $275,000 Active 64 DOM
  10. 2026-06-03
    pricedays on market $275,000 Active 63 DOM
  11. 2026-06-02
    days on market $284,500 Active 62 DOM
  12. 2026-06-01
    days on market $284,500 Active 61 DOM
  13. 2026-05-31
    days on market $284,500 Active 60 DOM
  14. 2026-05-31
    days on market $284,500 Active 59 DOM
  15. 2026-05-11
    price $284,500
  16. 2026-04-01
    listed $289,000 Active
  17. 2025-07-19
    historical 1009-char remark
    Show marketing remark (1009 chars)

    * * * NEW PRICE * * * POOL HOME WITH CONTROLLED GATED ACCESS Spanish Mediterranean style designed residence with pool. Melbourne Airport 25 minutes; Orlando Airport 45 minutes. From one of the nation's premier upscale builders, DiVosta Homes with attention to detail and quality with solid poured concrete walls with built in storm shutters. Gated community at Lakes of Waterstone of only 100 residences with park-like open spaces, oak tree lined streets, lakes and trails results in an outstanding residential environment. New appliances and wrap-around breakfast bar enhance the kitchen. Vaulted ceilings, recessed lighting with Plantation shutters throughout the residence validate a decorator's special touch. Expansive dining room overlooking the garden and private pool area results in a tranquil living environment. Both expansive bedrooms feature oversized walk in style closets. Custom cabinetry in kitchen and laundry area. Note the imported Italian tile throughout the residence with wood grain

  18. 2025-06-26
    price $295,000 1009-char remark
    Show marketing remark (1009 chars)

    * * * NEW PRICE * * * POOL HOME WITH CONTROLLED GATED ACCESS Spanish Mediterranean style designed residence with pool. Melbourne Airport 25 minutes; Orlando Airport 45 minutes. From one of the nation's premier upscale builders, DiVosta Homes with attention to detail and quality with solid poured concrete walls with built in storm shutters. Gated community at Lakes of Waterstone of only 100 residences with park-like open spaces, oak tree lined streets, lakes and trails results in an outstanding residential environment. New appliances and wrap-around breakfast bar enhance the kitchen. Vaulted ceilings, recessed lighting with Plantation shutters throughout the residence validate a decorator's special touch. Expansive dining room overlooking the garden and private pool area results in a tranquil living environment. Both expansive bedrooms feature oversized walk in style closets. Custom cabinetry in kitchen and laundry area. Note the imported Italian tile throughout the residence with wood grain

  19. 2025-04-11
    listed $310,000 Active 1009-char remark
    Show marketing remark (1009 chars)

    * * * NEW PRICE * * * POOL HOME WITH CONTROLLED GATED ACCESS Spanish Mediterranean style designed residence with pool. Melbourne Airport 25 minutes; Orlando Airport 45 minutes. From one of the nation's premier upscale builders, DiVosta Homes with attention to detail and quality with solid poured concrete walls with built in storm shutters. Gated community at Lakes of Waterstone of only 100 residences with park-like open spaces, oak tree lined streets, lakes and trails results in an outstanding residential environment. New appliances and wrap-around breakfast bar enhance the kitchen. Vaulted ceilings, recessed lighting with Plantation shutters throughout the residence validate a decorator's special touch. Expansive dining room overlooking the garden and private pool area results in a tranquil living environment. Both expansive bedrooms feature oversized walk in style closets. Custom cabinetry in kitchen and laundry area. Note the imported Italian tile throughout the residence with wood grain

  20. 2025-03-20
    historical 794-char remark
    Show marketing remark (794 chars)

    From one of the nation's premier builders, Beautiful Mediterranean style pool gated residence with attention to detail and quality with solid concrete walls. Gated community at Lakes of Waterstone of only 100 residences with open spaces, lakes and trails results in an outstanding residential environment. New appliances and wrap-around breakfast bar enhance the kitchen. Vaulted ceilings, recessed lighting with Plantation shutters throughout the residence validate a decorator's touch. Expansive dining room overlooking the garden and pool area results in a tranquil living environment. Both bedrooms feature large expansive style closets. Bathrooms with beautiful cabinetry as kitchen and laundry. Note the imported title throughout with wood grain floors in the living room. Pool and lanai.

  21. 2025-03-20
    historical
    Show marketing remark (794 chars)

    From one of the nation's premier builders, Beautiful Mediterranean style pool gated residence with attention to detail and quality with solid concrete walls. Gated community at Lakes of Waterstone of only 100 residences with open spaces, lakes and trails results in an outstanding residential environment. New appliances and wrap-around breakfast bar enhance the kitchen. Vaulted ceilings, recessed lighting with Plantation shutters throughout the residence validate a decorator's touch. Expansive dining room overlooking the garden and pool area results in a tranquil living environment. Both bedrooms feature large expansive style closets. Bathrooms with beautiful cabinetry as kitchen and laundry. Note the imported title throughout with wood grain floors in the living room. Pool and lanai.

  22. 2025-02-14
    price $299,000
    Show marketing remark (794 chars)

    From one of the nation's premier builders, Beautiful Mediterranean style pool gated residence with attention to detail and quality with solid concrete walls. Gated community at Lakes of Waterstone of only 100 residences with open spaces, lakes and trails results in an outstanding residential environment. New appliances and wrap-around breakfast bar enhance the kitchen. Vaulted ceilings, recessed lighting with Plantation shutters throughout the residence validate a decorator's touch. Expansive dining room overlooking the garden and pool area results in a tranquil living environment. Both bedrooms feature large expansive style closets. Bathrooms with beautiful cabinetry as kitchen and laundry. Note the imported title throughout with wood grain floors in the living room. Pool and lanai.

  23. 2025-02-14
    price $299,000 794-char remark
    Show marketing remark (794 chars)

    From one of the nation's premier builders, Beautiful Mediterranean style pool gated residence with attention to detail and quality with solid concrete walls. Gated community at Lakes of Waterstone of only 100 residences with open spaces, lakes and trails results in an outstanding residential environment. New appliances and wrap-around breakfast bar enhance the kitchen. Vaulted ceilings, recessed lighting with Plantation shutters throughout the residence validate a decorator's touch. Expansive dining room overlooking the garden and pool area results in a tranquil living environment. Both bedrooms feature large expansive style closets. Bathrooms with beautiful cabinetry as kitchen and laundry. Note the imported title throughout with wood grain floors in the living room. Pool and lanai.

  24. 2025-01-07
    price $319,500
  25. 2025-01-06
    price $319,500 794-char remark
    Show marketing remark (794 chars)

    From one of the nation's premier builders, Beautiful Mediterranean style pool gated residence with attention to detail and quality with solid concrete walls. Gated community at Lakes of Waterstone of only 100 residences with open spaces, lakes and trails results in an outstanding residential environment. New appliances and wrap-around breakfast bar enhance the kitchen. Vaulted ceilings, recessed lighting with Plantation shutters throughout the residence validate a decorator's touch. Expansive dining room overlooking the garden and pool area results in a tranquil living environment. Both bedrooms feature large expansive style closets. Bathrooms with beautiful cabinetry as kitchen and laundry. Note the imported title throughout with wood grain floors in the living room. Pool and lanai.

  26. 2024-11-17
    price $329,500
  27. 2024-11-16
    price $329,500 794-char remark
    Show marketing remark (794 chars)

    From one of the nation's premier builders, Beautiful Mediterranean style pool gated residence with attention to detail and quality with solid concrete walls. Gated community at Lakes of Waterstone of only 100 residences with open spaces, lakes and trails results in an outstanding residential environment. New appliances and wrap-around breakfast bar enhance the kitchen. Vaulted ceilings, recessed lighting with Plantation shutters throughout the residence validate a decorator's touch. Expansive dining room overlooking the garden and pool area results in a tranquil living environment. Both bedrooms feature large expansive style closets. Bathrooms with beautiful cabinetry as kitchen and laundry. Note the imported title throughout with wood grain floors in the living room. Pool and lanai.

  28. 2024-11-07
    price $330,000
  29. 2024-11-06
    price $330,000 794-char remark
    Show marketing remark (794 chars)

    From one of the nation's premier builders, Beautiful Mediterranean style pool gated residence with attention to detail and quality with solid concrete walls. Gated community at Lakes of Waterstone of only 100 residences with open spaces, lakes and trails results in an outstanding residential environment. New appliances and wrap-around breakfast bar enhance the kitchen. Vaulted ceilings, recessed lighting with Plantation shutters throughout the residence validate a decorator's touch. Expansive dining room overlooking the garden and pool area results in a tranquil living environment. Both bedrooms feature large expansive style closets. Bathrooms with beautiful cabinetry as kitchen and laundry. Note the imported title throughout with wood grain floors in the living room. Pool and lanai.

  30. 2024-08-27
    price $338,500
  31. 2024-08-26
    price $338,500 794-char remark
    Show marketing remark (794 chars)

    From one of the nation's premier builders, Beautiful Mediterranean style pool gated residence with attention to detail and quality with solid concrete walls. Gated community at Lakes of Waterstone of only 100 residences with open spaces, lakes and trails results in an outstanding residential environment. New appliances and wrap-around breakfast bar enhance the kitchen. Vaulted ceilings, recessed lighting with Plantation shutters throughout the residence validate a decorator's touch. Expansive dining room overlooking the garden and pool area results in a tranquil living environment. Both bedrooms feature large expansive style closets. Bathrooms with beautiful cabinetry as kitchen and laundry. Note the imported title throughout with wood grain floors in the living room. Pool and lanai.

  32. 2024-06-20
    listed $346,500 Active
  33. 2024-05-08
    listed $346,500 Active 794-char remark
    Show marketing remark (794 chars)

    From one of the nation's premier builders, Beautiful Mediterranean style pool gated residence with attention to detail and quality with solid concrete walls. Gated community at Lakes of Waterstone of only 100 residences with open spaces, lakes and trails results in an outstanding residential environment. New appliances and wrap-around breakfast bar enhance the kitchen. Vaulted ceilings, recessed lighting with Plantation shutters throughout the residence validate a decorator's touch. Expansive dining room overlooking the garden and pool area results in a tranquil living environment. Both bedrooms feature large expansive style closets. Bathrooms with beautiful cabinetry as kitchen and laundry. Note the imported title throughout with wood grain floors in the living room. Pool and lanai.

  34. 2021-11-19
    soldstatus $285,000 Closed
  35. 2021-11-19
    soldstatus $285,000
  36. 2021-10-03
    historical Backups
  37. 2021-09-29
    listed $284,500 Active
  38. 2021-09-22
    historical $284,500
  39. 2016-08-16
    historical
  40. 2009-06-20
    soldstatus $157,500
  41. 2009-06-08
    soldstatus $157,000
  42. 2009-02-24
    listed $159,000
  43. 2008-08-18
    listed $189,500

ⓘ 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
$4,509 · $376/mo
Projected year-2 tax
$4,509 · $376/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 5/10 Major
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥106°F today · 21 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$24,529
− Mortgage interest
−$15,404
− Property taxes
−$4,509
− Insurance
−$1,375
− Repairs & maintenance
−$1,962
− Management
−$1,962
− HOA
−$4,176
− Depreciation
−$8,000
Taxable loss
−$12,860
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$3,086
After-tax cash flow
$-4,901/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

Price history

+50.1% since first listed
29 events — show timeline
  • 2026-05-11 Price Changed $284,500 Stellar MLS as Distributed by MLS Grid
  • 2026-04-01 Listed $289,000 Stellar MLS as Distributed by MLS Grid
  • 2025-07-19 Listing Removed SCMLS
  • 2025-06-26 Price Changed $295,000 SCMLS
  • 2025-04-11 Listed $310,000 SCMLS
  • 2025-03-20 Listing Removed Stellar MLS as Distributed by MLS Grid
  • 2025-03-20 Listing Removed SCMLS
  • 2025-02-14 Price Changed $299,000 Stellar MLS as Distributed by MLS Grid
  • 2025-02-14 Price Changed $299,000 SCMLS
  • 2025-01-07 Price Changed $319,500 Stellar MLS as Distributed by MLS Grid
  • 2025-01-06 Price Changed $319,500 SCMLS
  • 2024-11-17 Price Changed $329,500 Stellar MLS as Distributed by MLS Grid
  • 2024-11-16 Price Changed $329,500 SCMLS
  • 2024-11-07 Price Changed $330,000 Stellar MLS as Distributed by MLS Grid
  • 2024-11-06 Price Changed $330,000 SCMLS
  • 2024-08-27 Price Changed $338,500 Stellar MLS as Distributed by MLS Grid
  • 2024-08-26 Price Changed $338,500 SCMLS
  • 2024-06-20 Listed $346,500 Stellar MLS as Distributed by MLS Grid
  • 2024-05-08 Listed $346,500 SCMLS
  • 2021-11-19 Sold (Public Records) $285,000 Public Records
  • 2021-11-19 Sold (MLS) $285,000 SCMLS
  • 2021-10-03 Contingent SCMLS
  • 2021-09-29 Listed $284,500 SCMLS
  • 2021-09-22 Coming Soon $284,500 SCMLS
  • 2016-08-16 Listing Removed SCMLS
  • 2009-06-20 Sold (Public Records) $157,500 Public Records
  • 2009-06-08 Sold (MLS) $157,000 SCMLS
  • 2009-02-24 Listed $159,000 SCMLS
  • 2008-08-18 Listed $189,500 SCMLS

Property tax history

+15.5%/yr

Latest (2025): $4,509 · +6360.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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