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2840 Fontainebleau Ave SE
D Composite 41.66
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 +7.1/30.0
  • Schools +4.7/10.0
  • Livability +3.6/5.0
  • Rent growth +3.4/5.0
  • Condition / age +2.5/5.0
  • 1% rule +1.6/10.0
  • DSCR +1.3/10.0

$324,500

2840 Fontainebleau Ave SE · Palm Bay, FL 32909
3 bd · 2.0 ba · 1,473 sqft · SingleFamily public records · 8 Days on market
Built 2020 10,019 sqft lot

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

Listing remarks MLS

PAID OFF $20,000 Solar system already installed and ready for your savings $10,000.00 Vinyl fencing already installed and ready for your animals and your privacy with a double gate. $30,000.00 value already installed for your enjoyment. Shows like brand new, Enjoy your net zero solar powered home. Upgraded with Icynene Spray foam insulation, variable speed HVAC Allowing for different temps in every room, Hybrid water heater, Full home automation, 9'4 Ceilings ceramic tiles throughout, Quartz countertops, Stainless steel appliances, Soft close cabinets. And the list goes on. The benefit of energy efficiency with your PAID OFF solar. With tons of high-end finishing touches. Enjoy your fully fenced in backyard, His and Her closet, Tub with separate shower In primary, this excellent maintained home won't last.

Key facts

  • 0.23 acre lot
  • 2 garage spots
  • Built 2020

Property features AI

Exterior

  • Parking: Garage; 2-car garage
  • Utilities: Septic tank; Electricity available
  • Home design: Single Family Residence; North-facing
  • Construction: Block and concrete construction
  • Exterior features: Vinyl backyard fencing; Other lot features

Interior

  • Kitchen: Dishwasher; Disposal; Electric oven; Electric range; Microwave; Refrigerator; ENERGY STAR qualified dishwasher; ENERGY STAR qualified refrigerator
  • Bedrooms: 3 bedrooms
  • Flooring: Tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Electric heating
  • Interior features: Impact windows; Water softener (owned)
  • Laundry & utility: Washer; Dryer; ENERGY STAR qualified washer; ENERGY STAR qualified dryer; Electric water heater

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 $324k.

Deal economics

  • At list price, monthly cash flow is $-464 ($-6k/yr) — negative.
  • To cash-flow at today's rent, offer at most $243k (25.2% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $214k (34.1% below list).
  • Recommended offer: $214k (34.1% below list) — sets the bar for 1% rule.

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 (+3.7%/yr); 1123 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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 32% 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 $35k of equity ($2k loan paydown + $32k 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 ~$56k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
  • 4 sale attempts since 6y ago; this cycle's ask has dropped $25k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $213,962 (34.1% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  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
0.66%
Cap rate
4.58%
Cash-on-cash
-6.12%
DSCR
0.73
GRM
12.6

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
20.1%
Equity multiple
2.64×
Total profit
$148,629
Equity at exit
$292,335
10-year hold
IRR
18.5%
Equity multiple
6.11×
Total profit
$463,896
Equity at exit
$630,432

Cash invested: $90,860 (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
1123
Price-to-rent
12.6×

Monthly cashflow live

Estimated rent
$2,140 high interval (Pro) →
Mortgage (P&I)
$1,702
Tax from tax record
$317 /mo · $3,805/yr
Insurance
$135
HOA
$0
Vacancy / Maint / Mgmt
$449
Net cashflow
$-464

Break-even live

Break-even rent $2,727
Max offer price $242,589
Occupancy floor

Sensitivity live

Price -10% $-280 -5% $-372 +0% $-464 +5% $-556 +10% $-647
Rent -10% $-633 -5% $-548 +0% $-464 +5% $-379 +10% $-295
Rate -1.0pp $-300 -0.5pp $-381 base $-464 +0.5pp $-548 +1.0pp $-633

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
$81,125
Closing costs
$9,735
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 21 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
486 Dadeville St SE Palm Bay, FL 4.0 2.0 1833 $1,995 $1.09 16d 1 0.14mi
543 Reading St SE Palm Bay, FL 4.0 2.0 1833 $2,010 $1.10 23d 1 0.17mi
2785 Gabboys Ave SE Palm Bay, FL 3.0 2.0 1475 $1,849 $1.25 25d 1 0.36mi
2749 Freehold Ave SE Palm Bay, FL 3.0 2.0 1386 $1,800 $1.30 25d 1 0.37mi
496 Vanguard St SE Palm Bay, FL 3.0 2.0 1666 $2,150 $1.29 25d 1 0.52mi
2691 Tepee Ave SE Palm Bay, FL 4.0 2.0 1833 $2,040 $1.11 23d 1 0.54mi
590 Trymore Dr SE Palm Bay, FL 4.0 2.0 1873 $2,250 $1.20 16d 1 0.62mi
1224 Dillard Dr SE Palm Bay, FL 3.0 2.0 1770 $2,336 $1.32 15d 1 0.63mi
3219 Hainsworth Ave SE Palm Bay, FL 3.0 2.0 1219 $2,100 $1.72 16d 1 0.66mi
291 Foley St SE Palm Bay, FL 4.0 2.0 1833 $2,025 $1.10 15d 1 0.78mi
3247 Halblum Ave SE Palm Bay, FL 4.0 3.0 1820 $2,516 $1.38 15d 1 0.78mi
820 Tedder Rd SE Palm Bay, FL 3.0 2.0 1808 $2,000 $1.11 25d 1 0.79mi
286 Silver Frost St SE Palm Bay, FL 4.0 2.0 1833 $1,925 $1.05 16d 1 0.83mi
160 Dailey St SE Palm Bay, FL 4.0 2.0 1795 $2,275 $1.27 25d 1 0.83mi
238 Silver Frost St SE Palm Bay, FL 3.0 2.0 1475 $1,849 $1.25 25d 1 0.87mi
1198 Venus St SE Palm Bay, FL 3.0 2.0 1535 $1,961 $1.28 23d 1 1.20mi
2650 De Groodt Rd SW Palm Bay, FL 4.0 2.0 1874 $2,350 $1.25 16d 1 1.21mi
2250 Chinaberry Cir SE Palm Bay, FL 3.0 2.0 1669 $1,995 $1.20 25d 1 1.32mi
3270 Framingham Ave SW Palm Bay, FL 4.0 2.0 1856 $2,400 $1.29 25d 1 1.35mi
978 Remington Green Dr SE Palm Bay, FL 4.0 2.0 1830 $2,200 $1.20 25d 1 1.36mi
1213 Waterford St SE Palm Bay, FL 4.0 2.0 1695 $2,000 $1.18 25d 1 1.36mi

Listing history 42 events

  1. 2026-06-22
    days on market $324,500 Active 8 DOM
  2. 2026-06-18
    days on market $324,500 Active 5 DOM
  3. 2026-06-17
    days on market $324,500 Active 4 DOM
  4. 2026-06-16
    days on market $324,500 Active 3 DOM
  5. 2026-06-15
    days on market $324,500 Active 2 DOM
  6. 2026-06-14
    days on marketlisting id $324,500 Active 1 DOM
  7. 2026-06-08
    days on market $324,500 Active 122 DOM
  8. 2026-06-07
    days on market $324,500 Active 121 DOM
  9. 2026-06-05
    days on market $324,500 Active 118 DOM
  10. 2026-06-03
    days on market $324,500 Active 117 DOM
  11. 2026-06-02
    days on market $324,500 Active 116 DOM
  12. 2026-06-01
    days on market $324,500 Active 115 DOM
  13. 2026-05-31
    status $324,500 Active 114 DOM
  14. 2026-05-31
    days on market $324,500 Active Under Contract 114 DOM
  15. 2026-05-31
    days on market $324,500 Active Under Contract 113 DOM
  16. 2026-04-28
    historical Active Under Contract
  17. 2026-04-12
    price $324,500
  18. 2026-03-20
    price $337,400
  19. 2026-03-13
    price $339,900
  20. 2026-02-20
    price $344,900
  21. 2026-02-06
    listed $349,900 Active
  22. 2025-12-31
    historical 817-char remark
    Show marketing remark (817 chars)

    PAID OFF $20,000 Solar system already installed and ready for your savings $10,000.00 Vinyl fencing already installed and ready for your animals and your privacy with a double gate. $30,000.00 value already installed for your enjoyment. Shows like brand new, Enjoy your net zero solar powered home. Upgraded with Icynene Spray foam insulation, variable speed HVAC Allowing for different temps in every room, Hybrid water heater, Full home automation, 9'4 Ceilings ceramic tiles throughout, Quartz countertops, Stainless steel appliances, Soft close cabinets. And the list goes on. The benefit of energy efficiency with your PAID OFF solar. With tons of high-end finishing touches. Enjoy your fully fenced in backyard, His and Her closet, Tub with separate shower In primary, this excellent maintained home won't last.

  23. 2025-12-16
    price $339,900 817-char remark
    Show marketing remark (817 chars)

    PAID OFF $20,000 Solar system already installed and ready for your savings $10,000.00 Vinyl fencing already installed and ready for your animals and your privacy with a double gate. $30,000.00 value already installed for your enjoyment. Shows like brand new, Enjoy your net zero solar powered home. Upgraded with Icynene Spray foam insulation, variable speed HVAC Allowing for different temps in every room, Hybrid water heater, Full home automation, 9'4 Ceilings ceramic tiles throughout, Quartz countertops, Stainless steel appliances, Soft close cabinets. And the list goes on. The benefit of energy efficiency with your PAID OFF solar. With tons of high-end finishing touches. Enjoy your fully fenced in backyard, His and Her closet, Tub with separate shower In primary, this excellent maintained home won't last.

  24. 2025-12-05
    price $343,400 817-char remark
    Show marketing remark (817 chars)

    PAID OFF $20,000 Solar system already installed and ready for your savings $10,000.00 Vinyl fencing already installed and ready for your animals and your privacy with a double gate. $30,000.00 value already installed for your enjoyment. Shows like brand new, Enjoy your net zero solar powered home. Upgraded with Icynene Spray foam insulation, variable speed HVAC Allowing for different temps in every room, Hybrid water heater, Full home automation, 9'4 Ceilings ceramic tiles throughout, Quartz countertops, Stainless steel appliances, Soft close cabinets. And the list goes on. The benefit of energy efficiency with your PAID OFF solar. With tons of high-end finishing touches. Enjoy your fully fenced in backyard, His and Her closet, Tub with separate shower In primary, this excellent maintained home won't last.

  25. 2025-11-13
    price $345,900 817-char remark
    Show marketing remark (817 chars)

    PAID OFF $20,000 Solar system already installed and ready for your savings $10,000.00 Vinyl fencing already installed and ready for your animals and your privacy with a double gate. $30,000.00 value already installed for your enjoyment. Shows like brand new, Enjoy your net zero solar powered home. Upgraded with Icynene Spray foam insulation, variable speed HVAC Allowing for different temps in every room, Hybrid water heater, Full home automation, 9'4 Ceilings ceramic tiles throughout, Quartz countertops, Stainless steel appliances, Soft close cabinets. And the list goes on. The benefit of energy efficiency with your PAID OFF solar. With tons of high-end finishing touches. Enjoy your fully fenced in backyard, His and Her closet, Tub with separate shower In primary, this excellent maintained home won't last.

  26. 2025-10-03
    price $349,900 817-char remark
    Show marketing remark (817 chars)

    PAID OFF $20,000 Solar system already installed and ready for your savings $10,000.00 Vinyl fencing already installed and ready for your animals and your privacy with a double gate. $30,000.00 value already installed for your enjoyment. Shows like brand new, Enjoy your net zero solar powered home. Upgraded with Icynene Spray foam insulation, variable speed HVAC Allowing for different temps in every room, Hybrid water heater, Full home automation, 9'4 Ceilings ceramic tiles throughout, Quartz countertops, Stainless steel appliances, Soft close cabinets. And the list goes on. The benefit of energy efficiency with your PAID OFF solar. With tons of high-end finishing touches. Enjoy your fully fenced in backyard, His and Her closet, Tub with separate shower In primary, this excellent maintained home won't last.

  27. 2025-08-22
    price $352,400 817-char remark
    Show marketing remark (817 chars)

    PAID OFF $20,000 Solar system already installed and ready for your savings $10,000.00 Vinyl fencing already installed and ready for your animals and your privacy with a double gate. $30,000.00 value already installed for your enjoyment. Shows like brand new, Enjoy your net zero solar powered home. Upgraded with Icynene Spray foam insulation, variable speed HVAC Allowing for different temps in every room, Hybrid water heater, Full home automation, 9'4 Ceilings ceramic tiles throughout, Quartz countertops, Stainless steel appliances, Soft close cabinets. And the list goes on. The benefit of energy efficiency with your PAID OFF solar. With tons of high-end finishing touches. Enjoy your fully fenced in backyard, His and Her closet, Tub with separate shower In primary, this excellent maintained home won't last.

  28. 2025-08-01
    price $354,900 817-char remark
    Show marketing remark (817 chars)

    PAID OFF $20,000 Solar system already installed and ready for your savings $10,000.00 Vinyl fencing already installed and ready for your animals and your privacy with a double gate. $30,000.00 value already installed for your enjoyment. Shows like brand new, Enjoy your net zero solar powered home. Upgraded with Icynene Spray foam insulation, variable speed HVAC Allowing for different temps in every room, Hybrid water heater, Full home automation, 9'4 Ceilings ceramic tiles throughout, Quartz countertops, Stainless steel appliances, Soft close cabinets. And the list goes on. The benefit of energy efficiency with your PAID OFF solar. With tons of high-end finishing touches. Enjoy your fully fenced in backyard, His and Her closet, Tub with separate shower In primary, this excellent maintained home won't last.

  29. 2025-07-24
    price $357,400 817-char remark
    Show marketing remark (817 chars)

    PAID OFF $20,000 Solar system already installed and ready for your savings $10,000.00 Vinyl fencing already installed and ready for your animals and your privacy with a double gate. $30,000.00 value already installed for your enjoyment. Shows like brand new, Enjoy your net zero solar powered home. Upgraded with Icynene Spray foam insulation, variable speed HVAC Allowing for different temps in every room, Hybrid water heater, Full home automation, 9'4 Ceilings ceramic tiles throughout, Quartz countertops, Stainless steel appliances, Soft close cabinets. And the list goes on. The benefit of energy efficiency with your PAID OFF solar. With tons of high-end finishing touches. Enjoy your fully fenced in backyard, His and Her closet, Tub with separate shower In primary, this excellent maintained home won't last.

  30. 2025-07-11
    price $359,900 817-char remark
    Show marketing remark (817 chars)

    PAID OFF $20,000 Solar system already installed and ready for your savings $10,000.00 Vinyl fencing already installed and ready for your animals and your privacy with a double gate. $30,000.00 value already installed for your enjoyment. Shows like brand new, Enjoy your net zero solar powered home. Upgraded with Icynene Spray foam insulation, variable speed HVAC Allowing for different temps in every room, Hybrid water heater, Full home automation, 9'4 Ceilings ceramic tiles throughout, Quartz countertops, Stainless steel appliances, Soft close cabinets. And the list goes on. The benefit of energy efficiency with your PAID OFF solar. With tons of high-end finishing touches. Enjoy your fully fenced in backyard, His and Her closet, Tub with separate shower In primary, this excellent maintained home won't last.

  31. 2025-07-03
    listed $360,000 Active 817-char remark
    Show marketing remark (817 chars)

    PAID OFF $20,000 Solar system already installed and ready for your savings $10,000.00 Vinyl fencing already installed and ready for your animals and your privacy with a double gate. $30,000.00 value already installed for your enjoyment. Shows like brand new, Enjoy your net zero solar powered home. Upgraded with Icynene Spray foam insulation, variable speed HVAC Allowing for different temps in every room, Hybrid water heater, Full home automation, 9'4 Ceilings ceramic tiles throughout, Quartz countertops, Stainless steel appliances, Soft close cabinets. And the list goes on. The benefit of energy efficiency with your PAID OFF solar. With tons of high-end finishing touches. Enjoy your fully fenced in backyard, His and Her closet, Tub with separate shower In primary, this excellent maintained home won't last.

  32. 2022-10-03
    soldstatus $330,000
  33. 2022-09-30
    soldstatus $330,000 Closed 635-char remark
    Show marketing remark (635 chars)

    You will save hundreds every month while living in this truly unique reinforced interior steel framed, net zero solar powered home. Upgraded with Icynene Spray Foam Insulation, oversized high impact glass low E Windows, ductless variable speed HVAC, allowing different temps for every room. Hybrid Water heater, full home Automation, 9' 4 ceilings, Ceramic tile throughout, high quality quartz countertops, Stainless steel appliances, and soft close cabinets. .. .. The LIST GOES ON! With these clean sleek lines, and the benefit of energy efficiency, along with all the high end finishing touches, this is one you don't want to miss!!

  34. 2022-08-03
    historical Backups 635-char remark
    Show marketing remark (635 chars)

    You will save hundreds every month while living in this truly unique reinforced interior steel framed, net zero solar powered home. Upgraded with Icynene Spray Foam Insulation, oversized high impact glass low E Windows, ductless variable speed HVAC, allowing different temps for every room. Hybrid Water heater, full home Automation, 9' 4 ceilings, Ceramic tile throughout, high quality quartz countertops, Stainless steel appliances, and soft close cabinets. .. .. The LIST GOES ON! With these clean sleek lines, and the benefit of energy efficiency, along with all the high end finishing touches, this is one you don't want to miss!!

  35. 2022-07-28
    listed $330,000 Active 635-char remark
    Show marketing remark (635 chars)

    You will save hundreds every month while living in this truly unique reinforced interior steel framed, net zero solar powered home. Upgraded with Icynene Spray Foam Insulation, oversized high impact glass low E Windows, ductless variable speed HVAC, allowing different temps for every room. Hybrid Water heater, full home Automation, 9' 4 ceilings, Ceramic tile throughout, high quality quartz countertops, Stainless steel appliances, and soft close cabinets. .. .. The LIST GOES ON! With these clean sleek lines, and the benefit of energy efficiency, along with all the high end finishing touches, this is one you don't want to miss!!

  36. 2020-12-18
    soldstatus $239,900 Sold
  37. 2020-09-04
    status Pending
  38. 2020-07-20
    listed $239,900 Active
  39. 2019-07-02
    soldstatus $95,000
  40. 1999-10-05
    soldstatus $666,700
  41. 1997-12-19
    soldstatus $217,200
  42. 1995-11-09
    soldstatus $1,276,400

ⓘ 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
$3,805 · $317/mo
Projected year-2 tax
$3,805 · $317/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 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
$25,675
− Mortgage interest
−$18,177
− Property taxes
−$3,805
− Insurance
−$1,622
− Repairs & maintenance
−$2,054
− Management
−$2,054
− Depreciation
−$9,440
Taxable loss
−$11,477
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,754
After-tax cash flow
$-2,810/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

-74.6% since first listed
27 events — show timeline
  • 2026-04-28 Contingent SCMLS
  • 2026-04-12 Price Changed $324,500 SCMLS
  • 2026-03-20 Price Changed $337,400 SCMLS
  • 2026-03-13 Price Changed $339,900 SCMLS
  • 2026-02-20 Price Changed $344,900 SCMLS
  • 2026-02-06 Listed $349,900 SCMLS
  • 2025-12-31 Listing Removed SCMLS
  • 2025-12-16 Price Changed $339,900 SCMLS
  • 2025-12-05 Price Changed $343,400 SCMLS
  • 2025-11-13 Price Changed $345,900 SCMLS
  • 2025-10-03 Price Changed $349,900 SCMLS
  • 2025-08-22 Price Changed $352,400 SCMLS
  • 2025-08-01 Price Changed $354,900 SCMLS
  • 2025-07-24 Price Changed $357,400 SCMLS
  • 2025-07-11 Price Changed $359,900 SCMLS
  • 2025-07-03 Listed $360,000 SCMLS
  • 2022-10-03 Sold (Public Records) $330,000 Public Records
  • 2022-09-30 Sold (MLS) $330,000 SCMLS
  • 2022-08-03 Contingent SCMLS
  • 2022-07-28 Listed $330,000 SCMLS
  • 2020-12-18 Sold (MLS) $239,900 Stellar MLS as Distributed by MLS Grid
  • 2020-09-04 Pending Stellar MLS as Distributed by MLS Grid
  • 2020-07-20 Listed $239,900 Stellar MLS as Distributed by MLS Grid
  • 2019-07-02 Sold (Public Records) $95,000 Public Records
  • 1999-10-05 Sold (Public Records) $666,700 Public Records
  • 1997-12-19 Sold (Public Records) $217,200 Public Records
  • 1995-11-09 Sold (Public Records) $1,276,400 Public Records

Property tax history

+41.3%/yr

Latest (2025): $3,805 · -2.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…