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1515 Hamilton Ave SW
C Composite 57.37
Why this score? — see what drove the C 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 +23.7/30.0
  • DSCR +7.6/10.0
  • ARV discount +7.5/15.0
  • 1% rule +4.9/10.0
  • Schools +4.7/10.0
  • Livability +3.6/5.0
  • Rent growth +2.8/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$225,000

1515 Hamilton Ave SW · Palm Bay, FL 32908
3 bd · 2.0 ba · 1,396 sqft · SingleFamily public records · 28 Days on market
Built 1988 10,019 sqft lot

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

Listing remarks MLS

Fully renovated and move-in ready! This home features a stunning updated kitchen, brand-new LVP flooring, oversized rooms, and a versatile office/flex space. Enjoy a spacious 2-car garage and dedicated indoor laundry room. Recent upgrades include a new hurricane-rated sliding glass door, updated bathrooms, new appliances, newer water heater, and a brand-new A/C system with upgraded ductwork. Relax on the enclosed patio or entertain in the large fenced backyard with storage shed. Conveniently located in a top-rated school zone just minutes from shopping, dining, and entertainment--and only 30 minutes to the beach.

Key facts

  • Fenced back yard
  • Split floor plan
  • Updated bathrooms

Tags

NEW LVP FLOORINGENCLOSED PATIOFENCED BACK YARDUPDATED KITCHENUPDATED BATHROOMSSPLIT FLOOR PLAN

Property features AI

Exterior

  • Parking: Attached garage with 2 spaces
  • Utilities: Septic tank; Electricity connected; Water connected
  • Home design: Single family residence; Faces west
  • Construction: Block, frame, stucco construction with brick veneer; Shingle roof
  • Exterior features: Covered patio; Deck; Rear porch; Screened porch; Many trees; City street frontage; Asphalt road surface

Interior

  • Kitchen: Dishwasher; Electric range and oven; Microwave; Refrigerator; Electric water heater
  • Bedrooms: 3 bedrooms (all on main level)
  • Flooring: Laminate flooring
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating (electric and hot water); Central air conditioning
  • Interior features: Ceiling fans; Eat-in kitchen
  • Laundry & utility: Washer and dryer included

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 3-bed/2.0-bath single-family listed at $225k.

Deal economics

  • At list price, monthly cash flow is $430 ($5k/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 $222k (1.3% below list).
  • Recommended offer: $222k (1.5% below list) — sets the bar for market timing.

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 (+1.3%/yr); 1020 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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 28 days — a 2% lower offer ($222k) is reasonable based on typical stale-listing flexibility.
  • 7 sale attempts since 19y ago; this cycle's ask has dropped $20k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $96k; list at $225k implies a 134% 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 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $221,625 (1.5% below list)

Questions for the listing agent

  1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  2. 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.
  3. 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.
  4. 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
0.99%
Cap rate
8.59%
Cash-on-cash
8.19%
DSCR
1.36
GRM
8.4

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
-5.6%
Equity multiple
0.79×
Total profit
$-12,928
Equity at exit
$33,548
10-year hold
IRR
2.1%
Equity multiple
1.14×
Total profit
$8,684
Equity at exit
$19,454

Cash invested: $63,000 (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 32908

Home prices YoY
-10.4%
Rents YoY
1.3%
Active inventory
1020
Price-to-rent
8.4×

Monthly cashflow live

Estimated rent
$2,221 high interval (Pro) →
Mortgage (P&I)
$1,180
Tax from tax record
$51 /mo · $607/yr
Insurance
$94
HOA
$0
Vacancy / Maint / Mgmt
$466
Net cashflow
$430

Break-even live

Break-even rent $1,676
Max offer price $225,000
Occupancy floor 76%

Sensitivity live

Price -10% $558 -5% $494 +0% $430 +5% $366 +10% $303
Rent -10% $255 -5% $342 +0% $430 +5% $518 +10% $606
Rate -1.0pp $543 -0.5pp $487 base $430 +0.5pp $372 +1.0pp $313

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
$56,250
Closing costs
$6,750
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 13 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1733 La Maderia Dr SW Palm Bay, FL 3.0 2.0 1865 $2,195 $1.18 21d 1 0.40mi
1736 La Maderia Dr SW Palm Bay, FL 3.0 2.0 1873 $2,000 $1.07 24d 1 0.43mi
1897 Gould Ave SW Palm Bay, FL 4.0 2.0 1555 $1,850 $1.19 24d 1 0.47mi
356 Garbelmann St SW Palm Bay, FL 4.0 3.0 1850 $2,121 $1.15 14d 1 0.69mi
439 Gancedo St SW Palm Bay, FL 4.0 2.0 1830 $2,200 $1.20 24d 1 0.78mi
2008 Olympia Ave SW Palm Bay, FL 4.0 2.0 1828 $2,500 $1.37 24d 1 0.80mi
1133 Hanover Ave SW Palm Bay, FL 4.0 2.0 1804 $2,250 $1.25 21d 1 0.87mi
1023 Garvey Rd SW Palm Bay, FL 4.0 2.0 1750 $2,296 $1.31 14d 1 1.11mi
497 Schenley St SW Palm Bay, FL 4.0 2.0 1833 $1,995 $1.09 24d 1 1.17mi
1072 Genesee Ave SE Palm Bay, FL 3.0 2.0 1004 $1,855 $1.85 24d 1 1.20mi
1037 Garvey Rd SW Palm Bay, FL 4.0 3.0 1850 $2,516 $1.36 14d 1 1.22mi
914 Caligula Ave SE Palm Bay, FL 3.0 2.0 1371 $1,841 $1.34 14d 1 1.34mi
931 Commerce Rd SE Palm Bay, FL 3.0 2.0 1068 $2,300 $2.15 24d 1 1.45mi

Listing history 31 events

  1. 2026-05-13
    status Pending
  2. 2026-04-30
    price $225,000
  3. 2026-04-30
    status Active
  4. 2026-04-10
    status Pending
  5. 2026-03-26
    listed $245,000 Active
  6. 2026-03-19
    historical 620-char remark
    Show marketing remark (620 chars)

    Fully renovated and move-in ready! This home features a stunning updated kitchen, brand-new LVP flooring, oversized rooms, and a versatile office/flex space. Enjoy a spacious 2-car garage and dedicated indoor laundry room. Recent upgrades include a new hurricane-rated sliding glass door, updated bathrooms, new appliances, newer water heater, and a brand-new A/C system with upgraded ductwork. Relax on the enclosed patio or entertain in the large fenced backyard with storage shed. Conveniently located in a top-rated school zone just minutes from shopping, dining, and entertainment--and only 30 minutes to the beach.

  7. 2026-02-02
    status Active 620-char remark
    Show marketing remark (620 chars)

    Fully renovated and move-in ready! This home features a stunning updated kitchen, brand-new LVP flooring, oversized rooms, and a versatile office/flex space. Enjoy a spacious 2-car garage and dedicated indoor laundry room. Recent upgrades include a new hurricane-rated sliding glass door, updated bathrooms, new appliances, newer water heater, and a brand-new A/C system with upgraded ductwork. Relax on the enclosed patio or entertain in the large fenced backyard with storage shed. Conveniently located in a top-rated school zone just minutes from shopping, dining, and entertainment--and only 30 minutes to the beach.

  8. 2026-01-31
    historical 620-char remark
    Show marketing remark (620 chars)

    Fully renovated and move-in ready! This home features a stunning updated kitchen, brand-new LVP flooring, oversized rooms, and a versatile office/flex space. Enjoy a spacious 2-car garage and dedicated indoor laundry room. Recent upgrades include a new hurricane-rated sliding glass door, updated bathrooms, new appliances, newer water heater, and a brand-new A/C system with upgraded ductwork. Relax on the enclosed patio or entertain in the large fenced backyard with storage shed. Conveniently located in a top-rated school zone just minutes from shopping, dining, and entertainment--and only 30 minutes to the beach.

  9. 2025-08-26
    listed $279,900 Active 620-char remark
    Show marketing remark (620 chars)

    Fully renovated and move-in ready! This home features a stunning updated kitchen, brand-new LVP flooring, oversized rooms, and a versatile office/flex space. Enjoy a spacious 2-car garage and dedicated indoor laundry room. Recent upgrades include a new hurricane-rated sliding glass door, updated bathrooms, new appliances, newer water heater, and a brand-new A/C system with upgraded ductwork. Relax on the enclosed patio or entertain in the large fenced backyard with storage shed. Conveniently located in a top-rated school zone just minutes from shopping, dining, and entertainment--and only 30 minutes to the beach.

  10. 2025-07-23
    historical 637-char remark
    Show marketing remark (637 chars)

    Located in SW Palm Bay, this well-maintained 3-bed, 2-bath home offers an open-concept layout with a modern kitchen, sleek appliances, and seamless flow into the dining and living areas. The primary suite is bright and inviting, with two additional bedrooms plus a converted garage offering a flexible 4th room—perfect as an office, guest room, or den. Garage can be easily restored. Enjoy a private backyard oasis, ideal for relaxing or entertaining. Seller is offering a $3,000 concession with the right offer—perfect to offset closing costs or updates. Clean, comfortable, and move-in ready—schedule a showing today!

  11. 2025-07-18
    price $280,000 637-char remark
    Show marketing remark (637 chars)

    Located in SW Palm Bay, this well-maintained 3-bed, 2-bath home offers an open-concept layout with a modern kitchen, sleek appliances, and seamless flow into the dining and living areas. The primary suite is bright and inviting, with two additional bedrooms plus a converted garage offering a flexible 4th room—perfect as an office, guest room, or den. Garage can be easily restored. Enjoy a private backyard oasis, ideal for relaxing or entertaining. Seller is offering a $3,000 concession with the right offer—perfect to offset closing costs or updates. Clean, comfortable, and move-in ready—schedule a showing today!

  12. 2025-06-21
    price $289,000 637-char remark
    Show marketing remark (637 chars)

    Located in SW Palm Bay, this well-maintained 3-bed, 2-bath home offers an open-concept layout with a modern kitchen, sleek appliances, and seamless flow into the dining and living areas. The primary suite is bright and inviting, with two additional bedrooms plus a converted garage offering a flexible 4th room—perfect as an office, guest room, or den. Garage can be easily restored. Enjoy a private backyard oasis, ideal for relaxing or entertaining. Seller is offering a $3,000 concession with the right offer—perfect to offset closing costs or updates. Clean, comfortable, and move-in ready—schedule a showing today!

  13. 2025-06-13
    price $296,700 637-char remark
    Show marketing remark (637 chars)

    Located in SW Palm Bay, this well-maintained 3-bed, 2-bath home offers an open-concept layout with a modern kitchen, sleek appliances, and seamless flow into the dining and living areas. The primary suite is bright and inviting, with two additional bedrooms plus a converted garage offering a flexible 4th room—perfect as an office, guest room, or den. Garage can be easily restored. Enjoy a private backyard oasis, ideal for relaxing or entertaining. Seller is offering a $3,000 concession with the right offer—perfect to offset closing costs or updates. Clean, comfortable, and move-in ready—schedule a showing today!

  14. 2025-06-09
    price $296,800 637-char remark
    Show marketing remark (637 chars)

    Located in SW Palm Bay, this well-maintained 3-bed, 2-bath home offers an open-concept layout with a modern kitchen, sleek appliances, and seamless flow into the dining and living areas. The primary suite is bright and inviting, with two additional bedrooms plus a converted garage offering a flexible 4th room—perfect as an office, guest room, or den. Garage can be easily restored. Enjoy a private backyard oasis, ideal for relaxing or entertaining. Seller is offering a $3,000 concession with the right offer—perfect to offset closing costs or updates. Clean, comfortable, and move-in ready—schedule a showing today!

  15. 2025-05-29
    price $296,900 637-char remark
    Show marketing remark (637 chars)

    Located in SW Palm Bay, this well-maintained 3-bed, 2-bath home offers an open-concept layout with a modern kitchen, sleek appliances, and seamless flow into the dining and living areas. The primary suite is bright and inviting, with two additional bedrooms plus a converted garage offering a flexible 4th room—perfect as an office, guest room, or den. Garage can be easily restored. Enjoy a private backyard oasis, ideal for relaxing or entertaining. Seller is offering a $3,000 concession with the right offer—perfect to offset closing costs or updates. Clean, comfortable, and move-in ready—schedule a showing today!

  16. 2025-05-24
    price $297,000 637-char remark
    Show marketing remark (637 chars)

    Located in SW Palm Bay, this well-maintained 3-bed, 2-bath home offers an open-concept layout with a modern kitchen, sleek appliances, and seamless flow into the dining and living areas. The primary suite is bright and inviting, with two additional bedrooms plus a converted garage offering a flexible 4th room—perfect as an office, guest room, or den. Garage can be easily restored. Enjoy a private backyard oasis, ideal for relaxing or entertaining. Seller is offering a $3,000 concession with the right offer—perfect to offset closing costs or updates. Clean, comfortable, and move-in ready—schedule a showing today!

  17. 2025-05-17
    price $297,100 637-char remark
    Show marketing remark (637 chars)

    Located in SW Palm Bay, this well-maintained 3-bed, 2-bath home offers an open-concept layout with a modern kitchen, sleek appliances, and seamless flow into the dining and living areas. The primary suite is bright and inviting, with two additional bedrooms plus a converted garage offering a flexible 4th room—perfect as an office, guest room, or den. Garage can be easily restored. Enjoy a private backyard oasis, ideal for relaxing or entertaining. Seller is offering a $3,000 concession with the right offer—perfect to offset closing costs or updates. Clean, comfortable, and move-in ready—schedule a showing today!

  18. 2025-05-09
    price $297,200 637-char remark
    Show marketing remark (637 chars)

    Located in SW Palm Bay, this well-maintained 3-bed, 2-bath home offers an open-concept layout with a modern kitchen, sleek appliances, and seamless flow into the dining and living areas. The primary suite is bright and inviting, with two additional bedrooms plus a converted garage offering a flexible 4th room—perfect as an office, guest room, or den. Garage can be easily restored. Enjoy a private backyard oasis, ideal for relaxing or entertaining. Seller is offering a $3,000 concession with the right offer—perfect to offset closing costs or updates. Clean, comfortable, and move-in ready—schedule a showing today!

  19. 2025-05-01
    price $297,300 637-char remark
    Show marketing remark (637 chars)

    Located in SW Palm Bay, this well-maintained 3-bed, 2-bath home offers an open-concept layout with a modern kitchen, sleek appliances, and seamless flow into the dining and living areas. The primary suite is bright and inviting, with two additional bedrooms plus a converted garage offering a flexible 4th room—perfect as an office, guest room, or den. Garage can be easily restored. Enjoy a private backyard oasis, ideal for relaxing or entertaining. Seller is offering a $3,000 concession with the right offer—perfect to offset closing costs or updates. Clean, comfortable, and move-in ready—schedule a showing today!

  20. 2025-04-24
    price $297,400 637-char remark
    Show marketing remark (637 chars)

    Located in SW Palm Bay, this well-maintained 3-bed, 2-bath home offers an open-concept layout with a modern kitchen, sleek appliances, and seamless flow into the dining and living areas. The primary suite is bright and inviting, with two additional bedrooms plus a converted garage offering a flexible 4th room—perfect as an office, guest room, or den. Garage can be easily restored. Enjoy a private backyard oasis, ideal for relaxing or entertaining. Seller is offering a $3,000 concession with the right offer—perfect to offset closing costs or updates. Clean, comfortable, and move-in ready—schedule a showing today!

  21. 2025-04-14
    price $297,500 637-char remark
    Show marketing remark (637 chars)

    Located in SW Palm Bay, this well-maintained 3-bed, 2-bath home offers an open-concept layout with a modern kitchen, sleek appliances, and seamless flow into the dining and living areas. The primary suite is bright and inviting, with two additional bedrooms plus a converted garage offering a flexible 4th room—perfect as an office, guest room, or den. Garage can be easily restored. Enjoy a private backyard oasis, ideal for relaxing or entertaining. Seller is offering a $3,000 concession with the right offer—perfect to offset closing costs or updates. Clean, comfortable, and move-in ready—schedule a showing today!

  22. 2025-03-18
    price $300,000 637-char remark
    Show marketing remark (637 chars)

    Located in SW Palm Bay, this well-maintained 3-bed, 2-bath home offers an open-concept layout with a modern kitchen, sleek appliances, and seamless flow into the dining and living areas. The primary suite is bright and inviting, with two additional bedrooms plus a converted garage offering a flexible 4th room—perfect as an office, guest room, or den. Garage can be easily restored. Enjoy a private backyard oasis, ideal for relaxing or entertaining. Seller is offering a $3,000 concession with the right offer—perfect to offset closing costs or updates. Clean, comfortable, and move-in ready—schedule a showing today!

  23. 2025-02-28
    listed $305,000 Active 637-char remark
    Show marketing remark (637 chars)

    Located in SW Palm Bay, this well-maintained 3-bed, 2-bath home offers an open-concept layout with a modern kitchen, sleek appliances, and seamless flow into the dining and living areas. The primary suite is bright and inviting, with two additional bedrooms plus a converted garage offering a flexible 4th room—perfect as an office, guest room, or den. Garage can be easily restored. Enjoy a private backyard oasis, ideal for relaxing or entertaining. Seller is offering a $3,000 concession with the right offer—perfect to offset closing costs or updates. Clean, comfortable, and move-in ready—schedule a showing today!

  24. 2016-08-16
    historical
  25. 2008-09-19
    soldstatus $96,000
  26. 2008-09-19
    soldstatus $96,000
  27. 2008-08-29
    soldstatus $96,000
  28. 2008-05-12
    listed $96,000
  29. 2007-11-25
    listed $119,900
  30. 1994-12-07
    soldstatus $59,500
  31. 1978-01-01
    soldstatus $3,700

ⓘ 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
$607 · $51/mo
Projected year-2 tax
$1,868 · $156/mo
Expected delta
+$1,261/yr (+$105/mo · 207.8%)

ⓘ 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 3/10 Moderate
  • 🌡 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$26,649
− Mortgage interest
−$12,603
− Property taxes
−$607
− Insurance
−$1,125
− Repairs & maintenance
−$2,132
− Management
−$2,132
− Depreciation
−$6,545
Taxable income
$1,504
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$361
After-tax cash flow
$4,801/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)
16,535
Household income
$79,596
Rent vs Own
10.2% rent · 89.8% own
Severe rent burden
112.0

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 0.69)
Race & ethnicity
White 48% Hispanic / Latino 20% Black 20% Two or more races 19%
Hispanic origin (detail)
Mexican 1% Puerto Rican 8% Cuban 6% Dominican 3%
Common ancestry
Hispanic 3% Estonian 2% Romanian 1%
Foreign-born
10% · Canada, Jamaica, South Korea
Languages at home
87% English-only · Spanish 9% Other Indo-European 1% French/Haitian/Cajun 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
▼ -38.22%
Current HPI
330.0399
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

Price history

+5981.1% since first listed
31 events — show timeline
  • 2026-05-13 Pending SCMLS
  • 2026-04-30 Price Changed $225,000 SCMLS
  • 2026-04-30 Relisted SCMLS
  • 2026-04-10 Pending SCMLS
  • 2026-03-26 Listed $245,000 SCMLS
  • 2026-03-19 Listing Removed SCMLS
  • 2026-02-02 Relisted SCMLS
  • 2026-01-31 Listing Removed SCMLS
  • 2025-08-26 Listed $279,900 SCMLS
  • 2025-07-23 Listing Removed SCMLS
  • 2025-07-18 Price Changed $280,000 SCMLS
  • 2025-06-21 Price Changed $289,000 SCMLS
  • 2025-06-13 Price Changed $296,700 SCMLS
  • 2025-06-09 Price Changed $296,800 SCMLS
  • 2025-05-29 Price Changed $296,900 SCMLS
  • 2025-05-24 Price Changed $297,000 SCMLS
  • 2025-05-17 Price Changed $297,100 SCMLS
  • 2025-05-09 Price Changed $297,200 SCMLS
  • 2025-05-01 Price Changed $297,300 SCMLS
  • 2025-04-24 Price Changed $297,400 SCMLS
  • 2025-04-14 Price Changed $297,500 SCMLS
  • 2025-03-18 Price Changed $300,000 SCMLS
  • 2025-02-28 Listed $305,000 SCMLS
  • 2016-08-16 Listing Removed SCMLS
  • 2008-09-19 Sold (Public Records) $96,000 Public Records
  • 2008-09-19 Sold (Public Records) $96,000 Public Records
  • 2008-08-29 Sold (MLS) $96,000 SCMLS
  • 2008-05-12 Listed $96,000 SCMLS
  • 2007-11-25 Listed $119,900 SCMLS
  • 1994-12-07 Sold (Public Records) $59,500 Public Records
  • 1978-01-01 Sold (Public Records) $3,700 Public Records

Property tax history

+0.5%/yr

Latest (2025): $607 · +1.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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