927 Remington Green Dr SE · Palm Bay, FL 32909

$343,900

4 bd · 2.0 ba · 1,918 sqft · SingleFamily public records · 82 Days on market

Built 2022 6,098 sqft lot $70/mo HOA · 3% of rent ↓ 8% 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).

• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Cash flow +6.3/30.0
• 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 +0.6/10.0

Listing remarks MLS

This 4 Bedroom 2 Bath home offers 1,916 sq. ft. living space. The floor plan has been extended for Extra living area, with a covered Lanai added for Extra shade on those long hot summer days. Located in a GATED Community within Bayside Lakes This home features granite countertops, Bright and White cabinets with crown molding, upgraded SS appliances including refrigerator, and ceramic tile added in all living areas except bedrooms. Home also The Family room is very open to the Kitchen, and with the Extended area, is VERY roomy!, 2 car garage, covered lanai, on a home site that backs up to a canal for extra privacy! The community will have its own pool, Cabana, and tot lot, and also gives access to the Bayside Lakes clubhouse and amenities.

Key facts

• Large center island
• Paved driveway
• Granite countertops

Tags

• PAVED DRIVEWAY
• CUSTOM FIREPLACE FEATURE WALL
• GRANITE COUNTERTOPS
• WHITE CABINETRY
• STAINLESS STEEL APPLIANCES
• LARGE CENTER ISLAND

Property features AI

Finance

• HOA & community: Association: Preserves at Stonebriar; Quarterly association fee; Association fee covers grounds maintenance and security; Community amenities include clubhouse, fitness center, park, pickleball, playground, and tennis courts

Exterior

• Parking: 2-car garage
• Security: 24-hour security; Security lights
• Utilities: Public sewer; Green infrastructure water conservation; Other utilities
• Home design: Single-family residence; One story; West-facing
• Construction: Block and stucco construction; Shingle roof; Pets allowed
• Exterior features: Rear porch; Cleared lot

Interior

• Kitchen: Dishwasher; Electric cooktop; Electric oven; Microwave; Refrigerator; Kitchen island; Pantry; Eat-in kitchen
• Bedrooms: 4 bedrooms
• Flooring: Vinyl flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Built-in features; Ceiling fans; Eat-in kitchen; Kitchen island; Pantry; Primary bathroom with shower (no tub); Split-bedroom layout; Walk-in closets; Wet bar; Electric fireplace
• Laundry & utility: In-unit washer and dryer

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $344k.

Deal economics

• At list price, monthly cash flow is $-607 ($-7k/yr) — negative.
• To cash-flow at today's rent, offer at most $237k (31.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $228k (33.8% below list).
• Recommended offer: $228k (33.8% 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; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 4,602 units permitted in Brevard County in 2024 (702 in 5+ unit buildings).
• This rent runs 34% 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 $37k of equity ($2k loan paydown + $34k 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 ~$59k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 82 days — a 6% lower offer ($323k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 4y ago; this cycle's ask has dropped $26k (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 $227,746 (33.8% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 82 days. Have you received any prior offers? Is the seller open to a 34% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.66% ✗
• Cap rate: 4.17%
• Cash-on-cash: -7.57%
• DSCR: 0.66
• 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: 19.1%
• Equity multiple: 2.56×
• Total profit: $150,215
• Equity at exit: $309,812

10-year hold

• IRR: 17.8%
• Equity multiple: 5.94×
• Total profit: $476,105
• Equity at exit: $668,122

Cash invested: $96,292 (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 32909

• Home prices YoY: 6.0%
• Rents YoY: 3.7%
• Active inventory: 1123
• Price-to-rent: 12.6×

Monthly cashflow live

• Estimated rent: $2,277 high
• Mortgage (P&I): −$1,803
• Tax from tax record: −$390 /mo · $4,677/yr
• Insurance: −$143
• HOA: −$70
• Vacancy / Maint / Mgmt: −$478
• Net cashflow: $-607

Break-even live

Break-even rent $3,046

Max offer price $236,616

Occupancy floor —

Sensitivity live

Price	-10% $-413	-5% $-510	+0% $-607	+5% $-705	+10% $-802
Rent	-10% $-787	-5% $-697	+0% $-607	+5% $-517	+10% $-427
Rate	-1.0pp $-434	-0.5pp $-520	base $-607	+0.5pp $-696	+1.0pp $-787

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: $85,975
• Closing costs: $10,317
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
978 Remington Green Dr SE Palm Bay, FL	4.0	2.0	1830	$2,200	$1.20	25d	1	0.15mi
2250 Chinaberry Cir SE Palm Bay, FL	3.0	2.0	1669	$1,995	$1.20	25d	1	0.29mi
830 Painesville St SE Palm Bay, FL	3.0	2.0	2029	$2,220	$1.09	15d	1	0.77mi
2036 Walsh Ave SE Palm Bay, FL	3.0	2.0	1331	$1,930	$1.45	25d	1	0.78mi
1224 Dillard Dr SE Palm Bay, FL	3.0	2.0	1770	$2,336	$1.32	15d	1	0.86mi
590 Trymore Dr SE Palm Bay, FL	4.0	2.0	1873	$2,250	$1.20	16d	1	0.88mi
402 Breckenridge Cir SE Palm Bay, FL	3.0	2.0	1960	$2,200	$1.12	25d	1	0.90mi
1165 Rabbit St SE Palm Bay, FL	3.0	2.0	1994	$1,895	$0.95	20d	1	0.93mi
2691 Tepee Ave SE Palm Bay, FL	4.0	2.0	1833	$2,040	$1.11	23d	1	0.99mi
1150 Tiger St SE Palm Bay, FL	3.0	2.0	1690	$1,950	$1.15	16d	1	1.01mi
1068 Saint Johns St SE Palm Bay, FL	3.0	2.0	1332	$2,000	$1.50	25d	1	1.06mi
2910 Emerson Dr SE Palm Bay, FL	3.0	2.0	1700	$1,950	$1.15	16d	1	1.16mi
1454 Graves St SE Palm Bay, FL	3.0	2.0	1621	$2,100	$1.30	16d	1	1.16mi
555 Gagnon St SE Palm Bay, FL	4.0	3.0	2373	$2,400	$1.01	25d	1	1.19mi
1517 Wacker Ave SE Palm Bay, FL	4.0	2.0	1775	$2,200	$1.24	25d	1	1.26mi
1198 Venus St SE Palm Bay, FL	3.0	2.0	1535	$1,961	$1.28	23d	1	1.28mi
543 Reading St SE Palm Bay, FL	4.0	2.0	1833	$2,010	$1.10	23d	1	1.31mi
1406 Martinez St SE Palm Bay, FL	4.0	2.0	2083	$2,100	$1.01	25d	1	1.32mi
1150 Raoul St SE Palm Bay, FL	4.0	2.0	1787	$2,300	$1.29	25d	1	1.32mi
1416 Martinez St SE Palm Bay, FL	3.0	2.0	1747	$2,000	$1.14	16d	1	1.33mi
2242 Mantilla Ave SE Palm Bay, FL	5.0	2.0	2516	$2,176	$0.86	23d	1	1.38mi
2749 Freehold Ave SE Palm Bay, FL	3.0	2.0	1386	$1,800	$1.30	25d	1	1.39mi
818 Seven Gables Cir SE Palm Bay, FL	3.0	2.0	1490	$1,795	$1.20	25d	1	1.45mi
822 Seven Gables Cir SE Palm Bay, FL	3.0	2.0	1474	$1,835	$1.24	25d	1	1.47mi
2785 Gabboys Ave SE Palm Bay, FL	3.0	2.0	1475	$1,849	$1.25	25d	1	1.48mi

HOA detail

• Monthly dues: $70 · $840/yr
• Likely covers: poolsecurity

Listing history 26 events

1. 2026-06-22
   days on market $343,900 Active 82 DOM
2. 2026-06-18
   days on market $343,900 Active 79 DOM
3. 2026-06-17
   days on market $343,900 Active 78 DOM
4. 2026-06-16
   days on market $343,900 Active 77 DOM
5. 2026-06-15
   days on market $343,900 Active 76 DOM
6. 2026-06-14
   days on market $343,900 Active 74 DOM
7. 2026-06-10
   days on market $343,900 Active 71 DOM
8. 2026-06-08
   days on market $343,900 Active 69 DOM
9. 2026-06-07
   days on market $343,900 Active 68 DOM
10. 2026-06-05
    days on market $343,900 Active 65 DOM
11. 2026-06-03
    days on market $343,900 Active 64 DOM
12. 2026-06-02
    days on market $343,900 Active 63 DOM
13. 2026-06-01
    days on market $343,900 Active 62 DOM
14. 2026-05-31
    days on market $343,900 Active 61 DOM
15. 2026-05-31
    days on market $343,900 Active 60 DOM
16. 2026-05-21
    price $343,900
17. 2026-05-04
    price $359,900
18. 2026-03-31
    listed $369,900 Active
19. 2022-11-18
    soldstatus $352,385 Closed 748-char remark

    Show marketing remark (748 chars)

    This 4 Bedroom 2 Bath home offers 1,916 sq. ft. living space. The floor plan has been extended for Extra living area, with a covered Lanai added for Extra shade on those long hot summer days. Located in a GATED Community within Bayside Lakes This home features granite countertops, Bright and White cabinets with crown molding, upgraded SS appliances including refrigerator, and ceramic tile added in all living areas except bedrooms. Home also The Family room is very open to the Kitchen, and with the Extended area, is VERY roomy!, 2 car garage, covered lanai, on a home site that backs up to a canal for extra privacy! The community will have its own pool, Cabana, and tot lot, and also gives access to the Bayside Lakes clubhouse and amenities.

20. 2022-10-28
    historical 670-char remark

    Show marketing remark (670 chars)

    Beautiful and functional ranch design with spacious family room that expands to a casual dining area and an open island kitchen. 4 Bedrooms, 2 Bathrooms and a 2-Car Garage. Secondary bedrooms offer oversized closets for extra storage. The floor plan has been extended for Extra living area, with a covered Lanai added for Extra shade on those long hot summer days. This home features granite countertops, Bright and White cabinets with crown molding, SS appliances, along with Window Blinds and ceramic tile added in all living areas except bedrooms. Located in a GATED Community within Bayside Lakes. Photos used for illustrative purposes and do not depict actual home.

21. 2022-09-12
    listed $352,385 Active 670-char remark

    Show marketing remark (670 chars)

    Beautiful and functional ranch design with spacious family room that expands to a casual dining area and an open island kitchen. 4 Bedrooms, 2 Bathrooms and a 2-Car Garage. Secondary bedrooms offer oversized closets for extra storage. The floor plan has been extended for Extra living area, with a covered Lanai added for Extra shade on those long hot summer days. This home features granite countertops, Bright and White cabinets with crown molding, SS appliances, along with Window Blinds and ceramic tile added in all living areas except bedrooms. Located in a GATED Community within Bayside Lakes. Photos used for illustrative purposes and do not depict actual home.

22. 2022-08-01
    historical Contingent 748-char remark

    Show marketing remark (748 chars)

    This 4 Bedroom 2 Bath home offers 1,916 sq. ft. living space. The floor plan has been extended for Extra living area, with a covered Lanai added for Extra shade on those long hot summer days. Located in a GATED Community within Bayside Lakes This home features granite countertops, Bright and White cabinets with crown molding, upgraded SS appliances including refrigerator, and ceramic tile added in all living areas except bedrooms. Home also The Family room is very open to the Kitchen, and with the Extended area, is VERY roomy!, 2 car garage, covered lanai, on a home site that backs up to a canal for extra privacy! The community will have its own pool, Cabana, and tot lot, and also gives access to the Bayside Lakes clubhouse and amenities.

23. 2022-07-13
    price $377,385 748-char remark

    Show marketing remark (748 chars)

    This 4 Bedroom 2 Bath home offers 1,916 sq. ft. living space. The floor plan has been extended for Extra living area, with a covered Lanai added for Extra shade on those long hot summer days. Located in a GATED Community within Bayside Lakes This home features granite countertops, Bright and White cabinets with crown molding, upgraded SS appliances including refrigerator, and ceramic tile added in all living areas except bedrooms. Home also The Family room is very open to the Kitchen, and with the Extended area, is VERY roomy!, 2 car garage, covered lanai, on a home site that backs up to a canal for extra privacy! The community will have its own pool, Cabana, and tot lot, and also gives access to the Bayside Lakes clubhouse and amenities.

24. 2022-07-13
    status Active 748-char remark

    Show marketing remark (748 chars)

    This 4 Bedroom 2 Bath home offers 1,916 sq. ft. living space. The floor plan has been extended for Extra living area, with a covered Lanai added for Extra shade on those long hot summer days. Located in a GATED Community within Bayside Lakes This home features granite countertops, Bright and White cabinets with crown molding, upgraded SS appliances including refrigerator, and ceramic tile added in all living areas except bedrooms. Home also The Family room is very open to the Kitchen, and with the Extended area, is VERY roomy!, 2 car garage, covered lanai, on a home site that backs up to a canal for extra privacy! The community will have its own pool, Cabana, and tot lot, and also gives access to the Bayside Lakes clubhouse and amenities.

25. 2022-03-07
    historical Contingent 748-char remark

    Show marketing remark (748 chars)

    This 4 Bedroom 2 Bath home offers 1,916 sq. ft. living space. The floor plan has been extended for Extra living area, with a covered Lanai added for Extra shade on those long hot summer days. Located in a GATED Community within Bayside Lakes This home features granite countertops, Bright and White cabinets with crown molding, upgraded SS appliances including refrigerator, and ceramic tile added in all living areas except bedrooms. Home also The Family room is very open to the Kitchen, and with the Extended area, is VERY roomy!, 2 car garage, covered lanai, on a home site that backs up to a canal for extra privacy! The community will have its own pool, Cabana, and tot lot, and also gives access to the Bayside Lakes clubhouse and amenities.

26. 2022-02-22
    listed $372,385 Active 748-char remark

    Show marketing remark (748 chars)

    This 4 Bedroom 2 Bath home offers 1,916 sq. ft. living space. The floor plan has been extended for Extra living area, with a covered Lanai added for Extra shade on those long hot summer days. Located in a GATED Community within Bayside Lakes This home features granite countertops, Bright and White cabinets with crown molding, upgraded SS appliances including refrigerator, and ceramic tile added in all living areas except bedrooms. Home also The Family room is very open to the Kitchen, and with the Extended area, is VERY roomy!, 2 car garage, covered lanai, on a home site that backs up to a canal for extra privacy! The community will have its own pool, Cabana, and tot lot, and also gives access to the Bayside Lakes clubhouse and amenities.

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

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $4,677 · $390/mo
• Projected year-2 tax: $4,677 · $390/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 4/10 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

Taxation est. · year 1

• Rental income: $27,330
• − Mortgage interest: −$19,264
• − Property taxes: −$4,677
• − Insurance: −$1,720
• − Repairs & maintenance: −$2,186
• − Management: −$2,186
• − HOA: −$840
• − Depreciation: −$10,004
• Taxable loss: −$13,548
• Est. tax savings @ 24.0%: +$3,252
• After-tax cash flow: $-4,036/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
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-7.6% since first listed

11 events — show timeline

• 2026-05-21 Price Changed $343,900 SCMLS
• 2026-05-04 Price Changed $359,900 SCMLS
• 2026-03-31 Listed $369,900 SCMLS
• 2022-11-18 Sold (MLS) $352,385 SCMLS
• 2022-10-28 Listing Removed — SCMLS
• 2022-09-12 Listed $352,385 SCMLS
• 2022-08-01 Contingent — SCMLS
• 2022-07-13 Price Changed $377,385 SCMLS
• 2022-07-13 Relisted — SCMLS
• 2022-03-07 Contingent — SCMLS
• 2022-02-22 Listed $372,385 SCMLS

Property tax history

+90.8%/yr

Latest (2025): $4,677 · -20.9% YoY. Source: county tax records.