303 Wixie St · Sharpes, FL 32927

$169,900

3 bd · 2.0 ba · 1,338 sqft · Manufactured public records · 25 Days on market

Built 1973 0.27 ac lot

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Why this score? — see what drove the B 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.7/10.0
• Livability +3.7/5.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

3 bed / 2 bath

Key facts

• Eat-in island
• Walk-in closet
• Open floorplan

Tags

• OVERSIZED LOT
• OPEN FLOORPLAN
• SPACIOUS KITCHEN
• EAT-IN ISLAND
• EN-SUITE BATHROOM
• WALK-IN CLOSET

Property features AI

Finance

• Other: Lot approximately 0.27 acres (95 x 126); One septic system
• Financial info: No lease restrictions indicated; Homestead exempt

Exterior

• Parking: Asphalt road access
• Utilities: Public water; Septic tank; Electricity connected
• Home design: Residential mobile home (triple wide); Single-story; Northwest facing; Entry on one level
• Construction: Vinyl siding and other construction materials; Metal roof; Pillar/post/pier foundation; Built as completed condition
• Exterior features: Sidewalk; Sliding doors; Outdoor storage

Interior

• Kitchen: Convection oven; Dishwasher; Disposal; Range hood; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Laminate flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Mini-split cooling units; Wall/window cooling units
• Interior features: Eat-in kitchen; Open floorplan; Split bedroom layout; Vaulted ceilings; Walk-in closet(s); Window treatments
• Laundry & utility: Laundry inside

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $170k.

Deal economics

• At list price, monthly cash flow is $955 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $170k).
• Recommended offer: $167k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 73/100 on livability (#302 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, commute A+, cost of living A+; Watch: employment C-, schools F, 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 (+2.5%/yr); 224 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 4,602 units permitted in Brevard County in 2024 (702 in 5+ unit buildings).
• This rent runs 36% of the median local income ($86k/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 $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.
• At projected returns (-3.0% appreciation + 2.5% rent growth), your $48k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 25 days — a 2% lower offer ($167k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 2y ago; this cycle's ask has dropped $10k (6%) 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; moderate wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $167,351 (1.5% below list)

Questions for the listing agent

1. Built in 1973 — 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. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. 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.
5. 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.
6. 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: 1.51% ✓
• Cap rate: 13.04%
• Cash-on-cash: 24.09%
• DSCR: 2.07
• GRM: 5.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.48% rent growth · sell at horizon

5-year hold

• IRR: 16.8%
• Equity multiple: 1.67×
• Total profit: $31,946
• Equity at exit: $25,333

10-year hold

• IRR: 24.9%
• Equity multiple: 3.12×
• Total profit: $100,634
• Equity at exit: $14,690

Cash invested: $47,572 (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 32927

• Home prices YoY: -19.4%
• Rents YoY: 2.5%
• Active inventory: 224
• Price-to-rent: 5.5×

Monthly cashflow live

• Estimated rent: $2,561 medium
• Mortgage (P&I): −$891
• Tax from tax record: −$106 /mo · $1,272/yr
• Insurance: −$71
• HOA: −$0
• Vacancy / Maint / Mgmt: −$538
• Net cashflow: $955

Break-even live

Break-even rent $1,352

Max offer price $169,900

Occupancy floor 58%

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: $42,475
• Closing costs: $5,097
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
100 Canebreakers Dr Cocoa, FL	2.0–3.0	2.0–2.5	1362	$2,400	$1.76	23d	2	0.50mi
100 Canebreakers Dr #108 Cocoa, FL	3.0	2.5	1612	$2,400	$1.49	23d	1	0.51mi

Listing history 25 events

1. 2026-06-15
   pricedays on market $169,900 Active 25 DOM
2. 2026-06-14
   days on market $179,900 Active 23 DOM
3. 2026-06-10
   days on market $179,900 Active 20 DOM
4. 2026-06-08
   days on market $179,900 Active 18 DOM
5. 2026-06-07
   days on market $179,900 Active 17 DOM
6. 2026-06-05
   days on market $179,900 Active 14 DOM
7. 2026-06-03
   days on market $179,900 Active 13 DOM
8. 2026-06-02
   days on market $179,900 Active 12 DOM
9. 2026-06-01
   days on market $179,900 Active 11 DOM
10. 2026-05-31
    days on market $179,900 Active 10 DOM
11. 2026-05-31
    days on market $179,900 Active 9 DOM
12. 2026-05-21
    listed $179,900 Active
13. 2024-08-29
    soldstatus $160,000 14-char remark

    Show marketing remark (14 chars)

    3 bed / 2 bath

14. 2024-08-29
    listed $160,000 14-char remark

    Show marketing remark (14 chars)

    3 bed / 2 bath

15. 2024-07-22
    soldstatus $160,000
16. 2024-07-16
    soldstatus $160,000 Closed 928-char remark

    Show marketing remark (928 chars)

    Don't miss out on this completely renovated 3 bedroom 2 bathroom home. The new luxury vinyl plank flooring throughout the entire home compliments the split floor plan beautifully. The kitchen is the heart of the home, with new cabinets, countertops, an island and stainless steel appliances. Be the first person to enjoy the primary suite. The primary suite boasts a huge walk in closet. The gorgeous bathroom offers designer tile with a walk-in shower. The opposite side of the home includes two guest bedrooms and a brand new bathtub in the guest bathroom. Step outside into the oversized, fully fenced yard, which is ready for BBQ's and fun. There's ample room for boat and RV parking, as well as storage sheds to house all of your essentials. Boaters will love the short 3 minute drive to the Port St. John boat ramp. The roof, A/C and water heater are all brand new. Seller is accepting Cash or will offer Seller Financing.

17. 2024-07-03
    historical Active Under Contract 928-char remark

    Show marketing remark (928 chars)

    Don't miss out on this completely renovated 3 bedroom 2 bathroom home. The new luxury vinyl plank flooring throughout the entire home compliments the split floor plan beautifully. The kitchen is the heart of the home, with new cabinets, countertops, an island and stainless steel appliances. Be the first person to enjoy the primary suite. The primary suite boasts a huge walk in closet. The gorgeous bathroom offers designer tile with a walk-in shower. The opposite side of the home includes two guest bedrooms and a brand new bathtub in the guest bathroom. Step outside into the oversized, fully fenced yard, which is ready for BBQ's and fun. There's ample room for boat and RV parking, as well as storage sheds to house all of your essentials. Boaters will love the short 3 minute drive to the Port St. John boat ramp. The roof, A/C and water heater are all brand new. Seller is accepting Cash or will offer Seller Financing.

18. 2024-06-09
    status Active 928-char remark

    Show marketing remark (928 chars)

    Don't miss out on this completely renovated 3 bedroom 2 bathroom home. The new luxury vinyl plank flooring throughout the entire home compliments the split floor plan beautifully. The kitchen is the heart of the home, with new cabinets, countertops, an island and stainless steel appliances. Be the first person to enjoy the primary suite. The primary suite boasts a huge walk in closet. The gorgeous bathroom offers designer tile with a walk-in shower. The opposite side of the home includes two guest bedrooms and a brand new bathtub in the guest bathroom. Step outside into the oversized, fully fenced yard, which is ready for BBQ's and fun. There's ample room for boat and RV parking, as well as storage sheds to house all of your essentials. Boaters will love the short 3 minute drive to the Port St. John boat ramp. The roof, A/C and water heater are all brand new. Seller is accepting Cash or will offer Seller Financing.

19. 2024-06-09
    price $179,900 928-char remark

    Show marketing remark (928 chars)

    Don't miss out on this completely renovated 3 bedroom 2 bathroom home. The new luxury vinyl plank flooring throughout the entire home compliments the split floor plan beautifully. The kitchen is the heart of the home, with new cabinets, countertops, an island and stainless steel appliances. Be the first person to enjoy the primary suite. The primary suite boasts a huge walk in closet. The gorgeous bathroom offers designer tile with a walk-in shower. The opposite side of the home includes two guest bedrooms and a brand new bathtub in the guest bathroom. Step outside into the oversized, fully fenced yard, which is ready for BBQ's and fun. There's ample room for boat and RV parking, as well as storage sheds to house all of your essentials. Boaters will love the short 3 minute drive to the Port St. John boat ramp. The roof, A/C and water heater are all brand new. Seller is accepting Cash or will offer Seller Financing.

20. 2024-05-27
    historical Active Under Contract 928-char remark

    Show marketing remark (928 chars)

    Don't miss out on this completely renovated 3 bedroom 2 bathroom home. The new luxury vinyl plank flooring throughout the entire home compliments the split floor plan beautifully. The kitchen is the heart of the home, with new cabinets, countertops, an island and stainless steel appliances. Be the first person to enjoy the primary suite. The primary suite boasts a huge walk in closet. The gorgeous bathroom offers designer tile with a walk-in shower. The opposite side of the home includes two guest bedrooms and a brand new bathtub in the guest bathroom. Step outside into the oversized, fully fenced yard, which is ready for BBQ's and fun. There's ample room for boat and RV parking, as well as storage sheds to house all of your essentials. Boaters will love the short 3 minute drive to the Port St. John boat ramp. The roof, A/C and water heater are all brand new. Seller is accepting Cash or will offer Seller Financing.

21. 2024-05-16
    listed $214,900 Active 928-char remark

    Show marketing remark (928 chars)

    Don't miss out on this completely renovated 3 bedroom 2 bathroom home. The new luxury vinyl plank flooring throughout the entire home compliments the split floor plan beautifully. The kitchen is the heart of the home, with new cabinets, countertops, an island and stainless steel appliances. Be the first person to enjoy the primary suite. The primary suite boasts a huge walk in closet. The gorgeous bathroom offers designer tile with a walk-in shower. The opposite side of the home includes two guest bedrooms and a brand new bathtub in the guest bathroom. Step outside into the oversized, fully fenced yard, which is ready for BBQ's and fun. There's ample room for boat and RV parking, as well as storage sheds to house all of your essentials. Boaters will love the short 3 minute drive to the Port St. John boat ramp. The roof, A/C and water heater are all brand new. Seller is accepting Cash or will offer Seller Financing.

22. 2024-05-05
    historical $214,900 928-char remark

    Show marketing remark (928 chars)

    Don't miss out on this completely renovated 3 bedroom 2 bathroom home. The new luxury vinyl plank flooring throughout the entire home compliments the split floor plan beautifully. The kitchen is the heart of the home, with new cabinets, countertops, an island and stainless steel appliances. Be the first person to enjoy the primary suite. The primary suite boasts a huge walk in closet. The gorgeous bathroom offers designer tile with a walk-in shower. The opposite side of the home includes two guest bedrooms and a brand new bathtub in the guest bathroom. Step outside into the oversized, fully fenced yard, which is ready for BBQ's and fun. There's ample room for boat and RV parking, as well as storage sheds to house all of your essentials. Boaters will love the short 3 minute drive to the Port St. John boat ramp. The roof, A/C and water heater are all brand new. Seller is accepting Cash or will offer Seller Financing.

23. 1991-07-01
    soldstatus $30,000
24. 1981-06-01
    soldstatus $47,000
25. 1979-11-01
    soldstatus $10,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $1,272 · $106/mo
• Projected year-2 tax: $1,410 · $118/mo
• Expected delta: +$138/yr (+$12/mo · 10.9%)

ⓘ 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 10/10 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: $30,729
• − Mortgage interest: −$9,517
• − Property taxes: −$1,272
• − Insurance: −$850
• − Repairs & maintenance: −$2,458
• − Management: −$2,458
• − Depreciation: −$4,943
• Taxable income: $9,231
• Est. tax owed @ 24.0%: −$2,215
• After-tax cash flow: $9,247/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 — Sharpes

• Score: 73/100
• State rank: #302
• US rank: #5144

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sharpes, FL
• County: Brevard County · 602,871 people
• City population: 11
• Metro: Palm Bay-Melbourne-Titusville, FL
• Population (ZIP): 29,219
• Household income: $86,075
• Rent vs Own: 7.7% rent · 92.3% own
• Severe rent burden: 192.0

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 (82%)
• Race & ethnicity: White 82% Two or more races 8% Hispanic / Latino 5% Black 5%
• Hispanic origin (detail): Puerto Rican 2%
• Common ancestry: Lithuanian 3% Slovak 2% Iranian 2%
• Foreign-born: 5% · Canada
• Languages at home: 94% English-only · Spanish 3% French/Haitian/Cajun 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: ▼ -79.36%
• Current HPI: 330.5099
• Rent YoY: ▲ 2.48%
• 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

+1699.0% since first listed

14 events — show timeline

• 2026-05-21 Listed $179,900 Stellar MLS as Distributed by MLS Grid
• 2024-08-29 Listed $160,000 Stellar MLS as Distributed by MLS Grid
• 2024-08-29 Sold (MLS) $160,000 Stellar MLS as Distributed by MLS Grid
• 2024-07-22 Sold (Public Records) $160,000 Public Records
• 2024-07-16 Sold (MLS) $160,000 SCMLS
• 2024-07-03 Contingent — SCMLS
• 2024-06-09 Relisted — SCMLS
• 2024-06-09 Price Changed $179,900 SCMLS
• 2024-05-27 Contingent — SCMLS
• 2024-05-16 Listed $214,900 SCMLS
• 2024-05-05 Coming Soon $214,900 SCMLS
• 1991-07-01 Sold (Public Records) $30,000 Public Records
• 1981-06-01 Sold (Public Records) $47,000 Public Records
• 1979-11-01 Sold (Public Records) $10,000 Public Records

Property tax history

+7.4%/yr

Latest (2025): $1,272 · +6.2% YoY. Source: county tax records.