2699 Haberland Ave SE · Palm Bay, FL 32909

$240,000

3 bd · 2.0 ba · 1,410 sqft · SingleFamily public records · 4 Days on market

Built 2005 10,019 sqft lot

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Why this score? — see what drove the C+ grade

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

• Cash flow +19.2/30.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• DSCR +6.0/10.0
• Schools +4.7/10.0
• 1% rule +3.8/10.0
• Livability +3.6/5.0
• Rent growth +3.4/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Welcome to this 3 bed, 2 bath Palm Bay home with a 2-car garage, CBS and easy-care vinyl flooring in main areas. NEW ROOF PRIOR TO CLOSING! The AC was replaced in 2023 and a new water heater installed in 2024. Home is on well water with a full treatment system including softener, aerator, and reverse osmosis. The fully fenced backyard is a tropical haven with banana, avocado, mango, & Chinese plum trees. Garage has added ceiling racks for extra storage! Located just minutes from Bayside Lakes, you'll enjoy convenient access to shopping, dining, and everyday essentials—without the HOA! Make sure to check this home out today!

Key facts

• 2024 a/c
• 2025 water heater
• 300-gallon reservoir

Tags

• 2024 A/C
• 2025 WATER HEATER
• WELL WATER SOFTENER SYSTEM
• 300-GALLON RESERVOIR
• FULLY FENCED BACKYARD

Property features AI

Exterior

• Parking: 2-car garage with garage door opener
• Utilities: Septic tank; Cable connected; Electricity connected
• Home design: Single family residence; Home faces west
• Construction: Concrete and stucco construction
• Exterior features: Storm shutters; Covered patio; Back yard with chain link fencing; Shed(s); Cleared lot; City street frontage; Asphalt road surface

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Laminate; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air
• Interior features: Breakfast bar; Primary bathroom with tub and separate shower; Split bedroom layout; Walk-in closet(s)
• Laundry & utility: Washer; Electric dryer hookup; Water softener (owned)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $240k.

Deal economics

• At list price, monthly cash flow is $258 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $212k (11.7% below list).
• Recommended offer: $212k (11.7% 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); 1111 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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).

Forward outlook

• In year one you build about $26k of equity ($2k loan paydown + $24k appreciation (10.0% local appreciation)).
• Brevard County population projected at +15% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (10.0% appreciation + 3.7% rent growth), your $67k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$41k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 20y 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.
• Current owner paid $160k; list at $240k implies a 50% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $211,939 (11.7% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
3. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
4. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.88% ✗
• Cap rate: 7.58%
• Cash-on-cash: 4.60%
• DSCR: 1.20
• GRM: 9.4

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: 27.8%
• Equity multiple: 3.21×
• Total profit: $148,437
• Equity at exit: $216,211

10-year hold

• IRR: 24.4%
• Equity multiple: 7.35×
• Total profit: $426,990
• Equity at exit: $466,267

Cash invested: $67,200 (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: 1111
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $2,119 high
• Mortgage (P&I): −$1,259
• Tax from tax record: −$58 /mo · $698/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$445
• Net cashflow: $258

Break-even live

Break-even rent $1,793

Max offer price $240,000

Occupancy floor 83%

Sensitivity live

Price	-10% $393	-5% $326	+0% $258	+5% $190	+10% $122
Rent	-10% $90	-5% $174	+0% $258	+5% $341	+10% $425
Rate	-1.0pp $378	-0.5pp $319	base $258	+0.5pp $195	+1.0pp $132

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: $60,000
• Closing costs: $7,200
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2749 Freehold Ave SE Palm Bay, FL	3.0	2.0	1386	$1,800	$1.30	24d	1	0.14mi
543 Reading St SE Palm Bay, FL	4.0	2.0	1833	$2,010	$1.10	22d	1	0.21mi
2785 Gabboys Ave SE Palm Bay, FL	3.0	2.0	1475	$1,849	$1.25	24d	1	0.22mi
486 Dadeville St SE Palm Bay, FL	4.0	2.0	1833	$1,995	$1.09	15d	1	0.33mi
590 Trymore Dr SE Palm Bay, FL	4.0	2.0	1873	$2,250	$1.20	15d	1	0.42mi
1224 Dillard Dr SE Palm Bay, FL	3.0	2.0	1770	$2,336	$1.32	15d	1	0.45mi
2691 Tepee Ave SE Palm Bay, FL	4.0	2.0	1833	$2,040	$1.11	22d	1	0.50mi
160 Dailey St SE Palm Bay, FL	4.0	2.0	1795	$2,275	$1.27	24d	1	0.61mi
496 Vanguard St SE Palm Bay, FL	3.0	2.0	1666	$2,150	$1.29	24d	1	0.78mi
3219 Hainsworth Ave SE Palm Bay, FL	3.0	2.0	1219	$2,100	$1.72	15d	1	0.95mi
291 Foley St SE Palm Bay, FL	4.0	2.0	1833	$2,025	$1.10	14d	1	0.97mi
286 Silver Frost St SE Palm Bay, FL	4.0	2.0	1833	$1,925	$1.05	15d	1	0.99mi
2650 De Groodt Rd SW Palm Bay, FL	4.0	2.0	1874	$2,350	$1.25	15d	1	1.01mi
3247 Halblum Ave SE Palm Bay, FL	4.0	3.0	1820	$2,516	$1.38	14d	1	1.01mi
238 Silver Frost St SE Palm Bay, FL	3.0	2.0	1475	$1,849	$1.25	24d	1	1.02mi
820 Tedder Rd SE Palm Bay, FL	3.0	2.0	1808	$2,000	$1.11	24d	1	1.08mi
2250 Chinaberry Cir SE Palm Bay, FL	3.0	2.0	1669	$1,995	$1.20	24d	1	1.09mi
978 Remington Green Dr SE Palm Bay, FL	4.0	2.0	1830	$2,200	$1.20	24d	1	1.18mi
1198 Venus St SE Palm Bay, FL	3.0	2.0	1535	$1,961	$1.28	22d	1	1.29mi
3270 Framingham Ave SW Palm Bay, FL	4.0	2.0	1856	$2,400	$1.29	24d	1	1.40mi
2437 Hagoplan Ave SW Palm Bay, FL	3.0	2.0	1840	$2,150	$1.17	24d	1	1.42mi

Listing history 7 events

1. 2026-05-22
   listed $240,000 Active
2. 2025-08-31
   historical 642-char remark

   Show marketing remark (642 chars)

   Welcome to this 3 bed, 2 bath Palm Bay home with a 2-car garage, CBS and easy-care vinyl flooring in main areas. NEW ROOF PRIOR TO CLOSING! The AC was replaced in 2023 and a new water heater installed in 2024. Home is on well water with a full treatment system including softener, aerator, and reverse osmosis. The fully fenced backyard is a tropical haven with banana, avocado, mango, & Chinese plum trees. Garage has added ceiling racks for extra storage! Located just minutes from Bayside Lakes, you'll enjoy convenient access to shopping, dining, and everyday essentials—without the HOA! Make sure to check this home out today!

3. 2025-05-21
   price $279,900 642-char remark

   Show marketing remark (642 chars)

   Welcome to this 3 bed, 2 bath Palm Bay home with a 2-car garage, CBS and easy-care vinyl flooring in main areas. NEW ROOF PRIOR TO CLOSING! The AC was replaced in 2023 and a new water heater installed in 2024. Home is on well water with a full treatment system including softener, aerator, and reverse osmosis. The fully fenced backyard is a tropical haven with banana, avocado, mango, & Chinese plum trees. Garage has added ceiling racks for extra storage! Located just minutes from Bayside Lakes, you'll enjoy convenient access to shopping, dining, and everyday essentials—without the HOA! Make sure to check this home out today!

4. 2025-04-07
   listed $289,900 Active 642-char remark

   Show marketing remark (642 chars)

   Welcome to this 3 bed, 2 bath Palm Bay home with a 2-car garage, CBS and easy-care vinyl flooring in main areas. NEW ROOF PRIOR TO CLOSING! The AC was replaced in 2023 and a new water heater installed in 2024. Home is on well water with a full treatment system including softener, aerator, and reverse osmosis. The fully fenced backyard is a tropical haven with banana, avocado, mango, & Chinese plum trees. Garage has added ceiling racks for extra storage! Located just minutes from Bayside Lakes, you'll enjoy convenient access to shopping, dining, and everyday essentials—without the HOA! Make sure to check this home out today!

5. 2006-12-28
   soldstatus $160,000
6. 2006-12-20
   soldstatus $160,000 481-char remark

   Show marketing remark (481 chars)

   * * MOTIVATED SELLER * * COME SEE THIS WONDERFUL 3/2/2 SURROUNED BY VACANT LAND WITH ONLY A FEW HOMES ON THE STREET. THIS HOME IS VERY TASTEFULLY PAINTED AND COMES WITH ALL WINDOW TREATMENTS AND ALSO FEATURES RECESSED LIGHTING ABOVE THE KITCHEN BAR, A $5K WATER TREATEMENT SYSTEM, MAYTAG APPLIANCES, HURRICANE SHUTTERS, INDOOR LAUNDRY ROOM, AND SECURITY SYSTEM. THE MASTER BATH HAS A GARDEN TUB FOR RELAXING, A SHOWER AND DOUBLE SINKS. COME TAKE A LOOK BEFORE THIS ONE IS GONE!!

7. 2006-09-08
   listed $165,000 481-char remark

   Show marketing remark (481 chars)

   * * MOTIVATED SELLER * * COME SEE THIS WONDERFUL 3/2/2 SURROUNED BY VACANT LAND WITH ONLY A FEW HOMES ON THE STREET. THIS HOME IS VERY TASTEFULLY PAINTED AND COMES WITH ALL WINDOW TREATMENTS AND ALSO FEATURES RECESSED LIGHTING ABOVE THE KITCHEN BAR, A $5K WATER TREATEMENT SYSTEM, MAYTAG APPLIANCES, HURRICANE SHUTTERS, INDOOR LAUNDRY ROOM, AND SECURITY SYSTEM. THE MASTER BATH HAS A GARDEN TUB FOR RELAXING, A SHOWER AND DOUBLE SINKS. COME TAKE A LOOK BEFORE THIS ONE IS GONE!!

ⓘ 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: $698 · $58/mo
• Projected year-2 tax: $1,992 · $166/mo
• Expected delta: +$1,294/yr (+$108/mo · 185.5%)

ⓘ 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 1/10 Low
• 🌡 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: $25,433
• − Mortgage interest: −$13,444
• − Property taxes: −$698
• − Insurance: −$1,200
• − Repairs & maintenance: −$2,035
• − Management: −$2,035
• − Depreciation: −$6,982
• Taxable loss: −$960
• Est. tax savings @ 24.0%: +$230
• After-tax cash flow: $3,321/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

+45.5% since first listed

7 events — show timeline

• 2026-05-22 Listed $240,000 SCMLS
• 2025-08-31 Listing Removed — SCMLS
• 2025-05-21 Price Changed $279,900 SCMLS
• 2025-04-07 Listed $289,900 SCMLS
• 2006-12-28 Sold (Public Records) $160,000 Public Records
• 2006-12-20 Sold (MLS) $160,000 SCMLS
• 2006-09-08 Listed $165,000 SCMLS

Property tax history

-0.5%/yr

Latest (2025): $698 · +4.1% YoY. Source: county tax records.