695 Lantana St · Sharpes, FL 32926

$359,000

4 bd · 2.0 ba · 1,840 sqft · SingleFamily public records · 55 Days on market

Built 2022 5,663 sqft lot $39/mo HOA · 1% of rent ↓ 2% since listing

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +11.6/30.0
• ARV discount +7.5/15.0
• Schools +4.7/10.0
• Rent growth +3.9/5.0
• Livability +3.7/5.0
• DSCR +3.4/10.0
• 1% rule +3.0/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

PRICED TO SELL! Where else can you find a 2022 home with 4 bedrooms, 2 bathrooms, a fenced yard, screened in patio, gutters installed, ceiling fans throughout all at this price! All appliances have been upgraded, including refrigerator, washer, and dryer. Home is also equipped with hurricane shutters for peace of mind. Come see this split floor plan with no shortage of closet space. The primary room has a walk-in closet, and the bathroom features a soaking tub and walk-in shower. Located near most of what Central Florida has to offer, this home is just an hour or so away from world-famous attractions in Orlando, and even closer to the beautiful shores of Cocoa Beach. Whether you're a military family or a space enthusiast, you're close to Kennedy Space Center, Patrick Space Force Base, and Cape Canaveral Space Force Station. And you can watch rocket launches from your own yard! Schedule a tour today

Key facts

• Screened-in porch
• Fenced yard
• Walk-in closet

Tags

• FENCED YARD
• SCREENED-IN PORCH
• HURRICANE SHUTTERS
• SPLIT FLOOR PLAN
• WALK-IN CLOSET
• SOAKING TUB

Property features AI

Finance

• Other: Irrigation equipment
• Financial info: Lease restrictions apply
• HOA & community: Has HOA (B.P. Davis) with annual fee of $475 (about $39.58/month); Association fee required; Pets allowed

Exterior

• Parking: Attached 2-car garage
• Security: Smoke detector(s)
• Utilities: Public sewer; Water connected; Electricity connected; Cable available
• Home design: Single family residence; One story; North facing; Completed condition; Homesteaded
• Construction: Block construction; Shingle roof; Slab foundation; Built on a 0.13-acre lot
• Exterior features: Hurricane shutters; Sidewalk; Paved lot

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator; Electric water heater; Eat-in kitchen
• Bedrooms: 4 bedrooms
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air
• Interior features: Ceiling fans; Eat-in kitchen; High ceilings; Split bedroom layout; Walk-in closet(s); Smoke detector(s)
• Laundry & utility: Washer hookup; Dryer hookup; Laundry room

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $359k.

Deal economics

• At list price, monthly cash flow is $-114 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $339k (5.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $289k (19.5% below list).
• Recommended offer: $289k (19.5% below list) — sets the bar for 1% rule.

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-, 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: Fairglen Elementary School (math 34% / reading 38%, grade F, #1,670 of 2,144 statewide, top 78%, 617 students, 71% FRL); Cocoa High School (math 21% / reading 27%, grade F, #529 of 667 statewide, top 80%, 1,551 students, 73% FRL) — zoned schools average 72% FRL vs 43% district-wide (29 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 30% at this address vs 55% district-wide (-25 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 fast (+5.6%/yr); 298 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 4,602 units permitted in Brevard County in 2024 (702 in 5+ unit buildings).
• At $2,888/mo this rent would consume 49% of the median local household income ($71k/yr) (locally 782% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $11k 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 55 days — a 3% lower offer ($348k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 4y 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→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $288,828 (19.5% 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 55 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 0.80% ✗
• Cap rate: 5.91%
• Cash-on-cash: -1.36%
• DSCR: 0.94
• GRM: 10.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 5.6% rent growth · sell at horizon

5-year hold

• IRR: -15.8%
• Equity multiple: 0.43×
• Total profit: $-57,696
• Equity at exit: $53,528

10-year hold

• IRR: -3.5%
• Equity multiple: 0.74×
• Total profit: $-26,080
• Equity at exit: $31,040

Cash invested: $100,520 (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 32926

• Home prices YoY: -16.9%
• Rents YoY: 5.6%
• Active inventory: 298
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $2,888 medium
• Mortgage (P&I): −$1,883
• Tax from tax record: −$325 /mo · $3,895/yr
• Insurance: −$150
• HOA: −$39
• Vacancy / Maint / Mgmt: −$607
• Net cashflow: $-114

Break-even live

Break-even rent $3,033

Max offer price $338,847

Occupancy floor 99%

Sensitivity live

Price	-10% $89	-5% $-12	+0% $-114	+5% $-216	+10% $-317
Rent	-10% $-342	-5% $-228	+0% $-114	+5% $0	+10% $114
Rate	-1.0pp $67	-0.5pp $-23	base $-114	+0.5pp $-207	+1.0pp $-302

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: $89,750
• Closing costs: $10,770
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4005 Fennec Ln Cocoa, FL	3.0–5.0	2.0–3.0	2136	$2,898	$1.36	15d	7	0.70mi
456 Snook Pl Cocoa, FL	4.0	2.5	2505	$2,900	$1.16	25d	1	1.10mi

HOA detail

• Monthly dues: $39 · $468/yr

Listing history 13 events

1. 2026-05-18
   status Pending
2. 2026-05-14
   historical Active Under Contract 911-char remark

   Show marketing remark (911 chars)

   PRICED TO SELL! Where else can you find a 2022 home with 4 bedrooms, 2 bathrooms, a fenced yard, screened in patio, gutters installed, ceiling fans throughout all at this price! All appliances have been upgraded, including refrigerator, washer, and dryer. Home is also equipped with hurricane shutters for peace of mind. Come see this split floor plan with no shortage of closet space. The primary room has a walk-in closet, and the bathroom features a soaking tub and walk-in shower. Located near most of what Central Florida has to offer, this home is just an hour or so away from world-famous attractions in Orlando, and even closer to the beautiful shores of Cocoa Beach. Whether you're a military family or a space enthusiast, you're close to Kennedy Space Center, Patrick Space Force Base, and Cape Canaveral Space Force Station. And you can watch rocket launches from your own yard! Schedule a tour today

3. 2026-05-14
   status Active 911-char remark

   Show marketing remark (911 chars)

   PRICED TO SELL! Where else can you find a 2022 home with 4 bedrooms, 2 bathrooms, a fenced yard, screened in patio, gutters installed, ceiling fans throughout all at this price! All appliances have been upgraded, including refrigerator, washer, and dryer. Home is also equipped with hurricane shutters for peace of mind. Come see this split floor plan with no shortage of closet space. The primary room has a walk-in closet, and the bathroom features a soaking tub and walk-in shower. Located near most of what Central Florida has to offer, this home is just an hour or so away from world-famous attractions in Orlando, and even closer to the beautiful shores of Cocoa Beach. Whether you're a military family or a space enthusiast, you're close to Kennedy Space Center, Patrick Space Force Base, and Cape Canaveral Space Force Station. And you can watch rocket launches from your own yard! Schedule a tour today

4. 2026-05-06
   status Pending 911-char remark

   Show marketing remark (911 chars)

   PRICED TO SELL! Where else can you find a 2022 home with 4 bedrooms, 2 bathrooms, a fenced yard, screened in patio, gutters installed, ceiling fans throughout all at this price! All appliances have been upgraded, including refrigerator, washer, and dryer. Home is also equipped with hurricane shutters for peace of mind. Come see this split floor plan with no shortage of closet space. The primary room has a walk-in closet, and the bathroom features a soaking tub and walk-in shower. Located near most of what Central Florida has to offer, this home is just an hour or so away from world-famous attractions in Orlando, and even closer to the beautiful shores of Cocoa Beach. Whether you're a military family or a space enthusiast, you're close to Kennedy Space Center, Patrick Space Force Base, and Cape Canaveral Space Force Station. And you can watch rocket launches from your own yard! Schedule a tour today

5. 2026-04-10
   price $359,000
6. 2026-04-05
   price $359,000 911-char remark

   Show marketing remark (911 chars)

   PRICED TO SELL! Where else can you find a 2022 home with 4 bedrooms, 2 bathrooms, a fenced yard, screened in patio, gutters installed, ceiling fans throughout all at this price! All appliances have been upgraded, including refrigerator, washer, and dryer. Home is also equipped with hurricane shutters for peace of mind. Come see this split floor plan with no shortage of closet space. The primary room has a walk-in closet, and the bathroom features a soaking tub and walk-in shower. Located near most of what Central Florida has to offer, this home is just an hour or so away from world-famous attractions in Orlando, and even closer to the beautiful shores of Cocoa Beach. Whether you're a military family or a space enthusiast, you're close to Kennedy Space Center, Patrick Space Force Base, and Cape Canaveral Space Force Station. And you can watch rocket launches from your own yard! Schedule a tour today

7. 2026-03-24
   listed $369,000 Active
8. 2026-03-13
   status Active 911-char remark

   Show marketing remark (911 chars)

   PRICED TO SELL! Where else can you find a 2022 home with 4 bedrooms, 2 bathrooms, a fenced yard, screened in patio, gutters installed, ceiling fans throughout all at this price! All appliances have been upgraded, including refrigerator, washer, and dryer. Home is also equipped with hurricane shutters for peace of mind. Come see this split floor plan with no shortage of closet space. The primary room has a walk-in closet, and the bathroom features a soaking tub and walk-in shower. Located near most of what Central Florida has to offer, this home is just an hour or so away from world-famous attractions in Orlando, and even closer to the beautiful shores of Cocoa Beach. Whether you're a military family or a space enthusiast, you're close to Kennedy Space Center, Patrick Space Force Base, and Cape Canaveral Space Force Station. And you can watch rocket launches from your own yard! Schedule a tour today

9. 2026-03-10
   status Pending 911-char remark

   Show marketing remark (911 chars)

   PRICED TO SELL! Where else can you find a 2022 home with 4 bedrooms, 2 bathrooms, a fenced yard, screened in patio, gutters installed, ceiling fans throughout all at this price! All appliances have been upgraded, including refrigerator, washer, and dryer. Home is also equipped with hurricane shutters for peace of mind. Come see this split floor plan with no shortage of closet space. The primary room has a walk-in closet, and the bathroom features a soaking tub and walk-in shower. Located near most of what Central Florida has to offer, this home is just an hour or so away from world-famous attractions in Orlando, and even closer to the beautiful shores of Cocoa Beach. Whether you're a military family or a space enthusiast, you're close to Kennedy Space Center, Patrick Space Force Base, and Cape Canaveral Space Force Station. And you can watch rocket launches from your own yard! Schedule a tour today

10. 2026-02-27
    listed $369,000 Active 911-char remark

    Show marketing remark (911 chars)

    PRICED TO SELL! Where else can you find a 2022 home with 4 bedrooms, 2 bathrooms, a fenced yard, screened in patio, gutters installed, ceiling fans throughout all at this price! All appliances have been upgraded, including refrigerator, washer, and dryer. Home is also equipped with hurricane shutters for peace of mind. Come see this split floor plan with no shortage of closet space. The primary room has a walk-in closet, and the bathroom features a soaking tub and walk-in shower. Located near most of what Central Florida has to offer, this home is just an hour or so away from world-famous attractions in Orlando, and even closer to the beautiful shores of Cocoa Beach. Whether you're a military family or a space enthusiast, you're close to Kennedy Space Center, Patrick Space Force Base, and Cape Canaveral Space Force Station. And you can watch rocket launches from your own yard! Schedule a tour today

11. 2022-12-27
    soldstatus $360,600 Closed 768-char remark

    Show marketing remark (768 chars)

    Only $1,000 Deposit!! Great Access to Orlando, Just north of 528, Minutes from Historic Cocoa Village and Beaches, short drive to Port Canaveral. This 4/2 home features an open floor plan w/ 10 ft vaulted ceilings. Kitchen features 36'' Cabinets w/ crown molding, Breakfast Nook, Moen faucets, stainless steel appliances and pantry. Master suite w/ large walk-in closet & Garden Tub and separate shower. Forth bedroom is perfect for a Home Office with tons of light! Home also includes a covered lanai, R-30 insulation, Taexx pest prevention system, double pane (low E) windows w/ Storm Shutters, and so much more. Energy Efficient w/ 10-year structural, builder and manufacturer warranties all included. Closing Costs paid w/ approved lender. * * Sample Photos

12. 2022-09-27
    historical Contingent 768-char remark

    Show marketing remark (768 chars)

    Only $1,000 Deposit!! Great Access to Orlando, Just north of 528, Minutes from Historic Cocoa Village and Beaches, short drive to Port Canaveral. This 4/2 home features an open floor plan w/ 10 ft vaulted ceilings. Kitchen features 36'' Cabinets w/ crown molding, Breakfast Nook, Moen faucets, stainless steel appliances and pantry. Master suite w/ large walk-in closet & Garden Tub and separate shower. Forth bedroom is perfect for a Home Office with tons of light! Home also includes a covered lanai, R-30 insulation, Taexx pest prevention system, double pane (low E) windows w/ Storm Shutters, and so much more. Energy Efficient w/ 10-year structural, builder and manufacturer warranties all included. Closing Costs paid w/ approved lender. * * Sample Photos

13. 2022-09-01
    listed $365,600 Active 768-char remark

    Show marketing remark (768 chars)

    Only $1,000 Deposit!! Great Access to Orlando, Just north of 528, Minutes from Historic Cocoa Village and Beaches, short drive to Port Canaveral. This 4/2 home features an open floor plan w/ 10 ft vaulted ceilings. Kitchen features 36'' Cabinets w/ crown molding, Breakfast Nook, Moen faucets, stainless steel appliances and pantry. Master suite w/ large walk-in closet & Garden Tub and separate shower. Forth bedroom is perfect for a Home Office with tons of light! Home also includes a covered lanai, R-30 insulation, Taexx pest prevention system, double pane (low E) windows w/ Storm Shutters, and so much more. Energy Efficient w/ 10-year structural, builder and manufacturer warranties all included. Closing Costs paid w/ approved lender. * * Sample Photos

ⓘ 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: $3,895 · $325/mo
• Projected year-2 tax: $3,895 · $325/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 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: $34,659
• − Mortgage interest: −$20,110
• − Property taxes: −$3,895
• − Insurance: −$1,795
• − Repairs & maintenance: −$2,773
• − Management: −$2,773
• − HOA: −$468
• − Depreciation: −$10,444
• Taxable loss: −$7,598
• Est. tax savings @ 24.0%: +$1,823
• After-tax cash flow: $454/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

• County: Brevard County · 602,871 people
• City population: 11
• Metro: Palm Bay-Melbourne-Titusville, FL
• Population (ZIP): 23,505
• Household income: $70,735
• Rent vs Own: 20.3% rent · 79.7% own
• Severe rent burden: 782.0

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 (72%)
• Race & ethnicity: White 72% Black 11% Hispanic / Latino 10% Two or more races 9% Asian 2%
• Hispanic origin (detail): Mexican 5% Puerto Rican 2%
• Common ancestry: Romanian 2% Lithuanian 2% Italian 2%
• Foreign-born: 5% · Canada, Vietnam, Jamaica
• Languages at home: 91% English-only · Spanish 6% Vietnamese 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: ▼ -68.32%
• Current HPI: 335.1251
• Rent YoY: ▲ 5.60%
• 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

-1.8% since first listed

13 events — show timeline

• 2026-05-18 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-05-14 Contingent — SCMLS
• 2026-05-14 Relisted — SCMLS
• 2026-05-06 Pending — SCMLS
• 2026-04-10 Price Changed $359,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-05 Price Changed $359,000 SCMLS
• 2026-03-24 Listed $369,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-13 Relisted — SCMLS
• 2026-03-10 Pending — SCMLS
• 2026-02-27 Listed $369,000 SCMLS
• 2022-12-27 Sold (MLS) $360,600 SCMLS
• 2022-09-27 Contingent — SCMLS
• 2022-09-01 Listed $365,600 SCMLS

Property tax history

+108.8%/yr

Latest (2025): $3,895 · -16.4% YoY. Source: county tax records.