2672 Peralta Dr SE · Palm Bay, FL 32909

$380,000

4 bd · 3.0 ba · 2,199 sqft · SingleFamily public records · 22 Days on market

Built 2006 0.48 ac lot

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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
• Cash flow +7.5/30.0
• ARV discount +7.5/15.0
• Schools +4.7/10.0
• Livability +3.6/5.0
• Rent growth +3.4/5.0
• Condition / age +2.5/5.0
• DSCR +1.6/10.0
• 1% rule +1.2/10.0

Listing remarks MLS

Set on a rare double lot in a quiet pocket of Palm Bay, 2674 SE Peralta Street offers space, flexibility, and freedom that’s getting harder to find. This custom-built home was designed with thoughtful upgrades throughout, including a fireplace that anchors the main living space, extensive tile flooring, and multiple French doors that bring in natural light and create easy flow between indoor and outdoor living. The kitchen features granite countertops, abundant cabinetry, and generous prep space—practical for everyday use and effortless when hosting. A dedicated den or study with laminate flooring provides separation from the main living areas, ideal for a home office, hobby space, or quiet retreat. The primary suite includes a double shower and ample storage, continuing the home’s emphasis on comfort and function. Outside, the oversized lot offers room to expand, garden, park recreational vehicles, or simply enjoy breathing room—plus a storage shed for tools and equipment. Best of all, there is no HOA and no CDD, giving you flexibility without monthly restrictions or added fees. Centrally located in Palm Bay, the property provides convenient access to shopping, dining, parks, and everyday services, while still feeling tucked away from heavy congestion. For coastal living enthusiasts, the public beaches along the Atlantic—such as Melbourne Beach—are approximately 30–35 minutes away, making spontaneous beach days easy without paying coastal premiums. This home delivers space, independence, and long-term flexibility—an increasingly rare combination in today’s market. Schedule your showing and see how well it fits the way you actually live.

Key facts

• Double lot
• French doors
• Tile flooring

Tags

• DOUBLE LOT
• FIREPLACE
• TILE FLOORING
• FRENCH DOORS
• GRANITE COUNTERTOPS
• ABUNDANT CABINETRY

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $380k.

Deal economics

• At list price, monthly cash flow is $-470 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $297k (21.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $234k (38.4% below list).
• Recommended offer: $234k (38.4% 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: Sunrise Elementary School (math 52% / reading 57%, grade C, #892 of 2,144 statewide, top 44%, 759 students, 58% 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; 19 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 35% 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 $41k of equity ($3k loan paydown + $38k 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 ~$65k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 22 days — a 2% lower offer ($374k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 24y 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; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $234,178 (38.4% 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: 0.62% ✗
• Cap rate: 4.81%
• Cash-on-cash: -5.30%
• DSCR: 0.76
• GRM: 13.5

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: 20.7%
• Equity multiple: 2.68×
• Total profit: $178,452
• Equity at exit: $342,334

10-year hold

• IRR: 18.9%
• Equity multiple: 6.19×
• Total profit: $552,070
• Equity at exit: $738,256

Cash invested: $106,400 (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: 13.5×

Monthly cashflow live

• Estimated rent: $2,342 high
• Mortgage (P&I): −$1,993
• Tax from tax record: −$169 /mo · $2,028/yr
• Insurance: −$158
• HOA: −$0
• Vacancy / Maint / Mgmt: −$492
• Net cashflow: $-470

Break-even live

Break-even rent $2,937

Max offer price $296,952

Occupancy floor —

Sensitivity live

Price	-10% $-255	-5% $-363	+0% $-470	+5% $-578	+10% $-685
Rent	-10% $-655	-5% $-563	+0% $-470	+5% $-378	+10% $-285
Rate	-1.0pp $-279	-0.5pp $-373	base $-470	+0.5pp $-569	+1.0pp $-669

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: $95,000
• Closing costs: $11,400
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1406 Martinez St SE Palm Bay, FL	4.0	2.0	2083	$2,100	$1.01	25d	1	0.38mi
1416 Martinez St SE Palm Bay, FL	3.0	2.0	1747	$2,000	$1.14	16d	1	0.38mi
2877 Palisades Dr SE Palm Bay, FL	3.0	2.0	1974	$2,150	$1.09	20d	1	0.48mi
1198 Venus St SE Palm Bay, FL	3.0	2.0	1535	$1,961	$1.28	23d	1	0.55mi
1454 Graves St SE Palm Bay, FL	3.0	2.0	1621	$2,100	$1.30	16d	1	0.59mi
1165 Rabbit St SE Palm Bay, FL	3.0	2.0	1994	$1,895	$0.95	20d	1	0.63mi
3004 Suntan Ct SE Palm Bay, FL	4.0	2.0	2388	$2,900	$1.21	25d	1	0.69mi
1660 Lizette St SE Unit 1 Palm Bay, FL	4.0	2.0	1736	$2,199	$1.27	25d	1	0.72mi
1677 Lizette St SE Unit A Palm Bay, FL	3.0	2.0	2080	$1,900	$0.91	16d	1	0.75mi
2242 Mantilla Ave SE Palm Bay, FL	5.0	2.0	2516	$2,176	$0.86	23d	1	0.76mi
1213 Waterford St SE Palm Bay, FL	4.0	2.0	1695	$2,000	$1.18	25d	1	0.98mi
1453 Santa Anna St SE Palm Bay, FL	3.0	2.0	1994	$2,500	$1.25	16d	1	1.04mi
830 Painesville St SE Palm Bay, FL	3.0	2.0	2029	$2,220	$1.09	15d	1	1.18mi
1496 Dittmer Cir SE Palm Bay, FL	4.0	2.0	2187	$2,440	$1.12	16d	1	1.26mi
2691 Tepee Ave SE Palm Bay, FL	4.0	2.0	1833	$2,040	$1.11	23d	1	1.35mi
1063 Grantham Ln SE Palm Bay, FL	3.0	2.0	1515	$2,000	$1.32	25d	1	1.38mi
1783 Dittmer Cir SE Palm Bay, FL	4.0	2.0	2207	$2,100	$0.95	25d	1	1.41mi
1046 Grantham Ln SE Palm Bay, FL	4.0	2.5	2405	$3,100	$1.29	25d	1	1.42mi
978 Remington Green Dr SE Palm Bay, FL	4.0	2.0	1830	$2,200	$1.20	25d	1	1.45mi

Listing history 11 events

1. 2026-03-24
   soldstatus $370,000
2. 2026-03-20
   soldstatus $370,000 Closed 1719-char remark

   Show marketing remark (1719 chars)

   Set on a rare double lot in a quiet pocket of Palm Bay, 2674 SE Peralta Street offers space, flexibility, and freedom that’s getting harder to find. This custom-built home was designed with thoughtful upgrades throughout, including a fireplace that anchors the main living space, extensive tile flooring, and multiple French doors that bring in natural light and create easy flow between indoor and outdoor living. The kitchen features granite countertops, abundant cabinetry, and generous prep space—practical for everyday use and effortless when hosting. A dedicated den or study with laminate flooring provides separation from the main living areas, ideal for a home office, hobby space, or quiet retreat. The primary suite includes a double shower and ample storage, continuing the home’s emphasis on comfort and function. Outside, the oversized lot offers room to expand, garden, park recreational vehicles, or simply enjoy breathing room—plus a storage shed for tools and equipment. Best of all, there is no HOA and no CDD, giving you flexibility without monthly restrictions or added fees. Centrally located in Palm Bay, the property provides convenient access to shopping, dining, parks, and everyday services, while still feeling tucked away from heavy congestion. For coastal living enthusiasts, the public beaches along the Atlantic—such as Melbourne Beach—are approximately 30–35 minutes away, making spontaneous beach days easy without paying coastal premiums. This home delivers space, independence, and long-term flexibility—an increasingly rare combination in today’s market. Schedule your showing and see how well it fits the way you actually live.

3. 2026-02-28
   status Pending
4. 2026-02-15
   status Pending 1719-char remark

   Show marketing remark (1719 chars)

   Set on a rare double lot in a quiet pocket of Palm Bay, 2674 SE Peralta Street offers space, flexibility, and freedom that’s getting harder to find. This custom-built home was designed with thoughtful upgrades throughout, including a fireplace that anchors the main living space, extensive tile flooring, and multiple French doors that bring in natural light and create easy flow between indoor and outdoor living. The kitchen features granite countertops, abundant cabinetry, and generous prep space—practical for everyday use and effortless when hosting. A dedicated den or study with laminate flooring provides separation from the main living areas, ideal for a home office, hobby space, or quiet retreat. The primary suite includes a double shower and ample storage, continuing the home’s emphasis on comfort and function. Outside, the oversized lot offers room to expand, garden, park recreational vehicles, or simply enjoy breathing room—plus a storage shed for tools and equipment. Best of all, there is no HOA and no CDD, giving you flexibility without monthly restrictions or added fees. Centrally located in Palm Bay, the property provides convenient access to shopping, dining, parks, and everyday services, while still feeling tucked away from heavy congestion. For coastal living enthusiasts, the public beaches along the Atlantic—such as Melbourne Beach—are approximately 30–35 minutes away, making spontaneous beach days easy without paying coastal premiums. This home delivers space, independence, and long-term flexibility—an increasingly rare combination in today’s market. Schedule your showing and see how well it fits the way you actually live.

5. 2026-02-06
   listed $380,000 Active 1719-char remark

   Show marketing remark (1719 chars)

   Set on a rare double lot in a quiet pocket of Palm Bay, 2674 SE Peralta Street offers space, flexibility, and freedom that’s getting harder to find. This custom-built home was designed with thoughtful upgrades throughout, including a fireplace that anchors the main living space, extensive tile flooring, and multiple French doors that bring in natural light and create easy flow between indoor and outdoor living. The kitchen features granite countertops, abundant cabinetry, and generous prep space—practical for everyday use and effortless when hosting. A dedicated den or study with laminate flooring provides separation from the main living areas, ideal for a home office, hobby space, or quiet retreat. The primary suite includes a double shower and ample storage, continuing the home’s emphasis on comfort and function. Outside, the oversized lot offers room to expand, garden, park recreational vehicles, or simply enjoy breathing room—plus a storage shed for tools and equipment. Best of all, there is no HOA and no CDD, giving you flexibility without monthly restrictions or added fees. Centrally located in Palm Bay, the property provides convenient access to shopping, dining, parks, and everyday services, while still feeling tucked away from heavy congestion. For coastal living enthusiasts, the public beaches along the Atlantic—such as Melbourne Beach—are approximately 30–35 minutes away, making spontaneous beach days easy without paying coastal premiums. This home delivers space, independence, and long-term flexibility—an increasingly rare combination in today’s market. Schedule your showing and see how well it fits the way you actually live.

6. 2026-02-05
   listed $380,000 Active
7. 2016-08-16
   historical 3-char remark

   Show marketing remark (3 chars)

   ---

8. 2008-11-20
   soldstatus $184,500
9. 2008-11-14
   soldstatus $184,500
10. 2008-08-09
    listed $175,000
11. 2002-08-27
    listed $6,900 3-char remark

    Show marketing remark (3 chars)

    ---

ⓘ 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: $2,028 · $169/mo
• Projected year-2 tax: $3,154 · $263/mo
• Expected delta: +$1,126/yr (+$94/mo · 55.5%)

ⓘ 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 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: $28,101
• − Mortgage interest: −$21,286
• − Property taxes: −$2,028
• − Insurance: −$1,900
• − Repairs & maintenance: −$2,248
• − Management: −$2,248
• − Depreciation: −$11,055
• Taxable loss: −$12,664
• Est. tax savings @ 24.0%: +$3,039
• After-tax cash flow: $-2,602/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

+5262.3% since first listed

11 events — show timeline

• 2026-03-24 Sold (Public Records) $370,000 Public Records
• 2026-03-20 Sold (MLS) $370,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-28 Pending — SCMLS
• 2026-02-15 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-02-06 Listed $380,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-05 Listed $380,000 SCMLS
• 2016-08-16 Listing Removed — SCMLS
• 2008-11-20 Sold (Public Records) $184,500 Public Records
• 2008-11-14 Sold (MLS) $184,500 SCMLS
• 2008-08-09 Listed $175,000 SCMLS
• 2002-08-27 Listed $6,900 SCMLS

Property tax history

+1.1%/yr

Latest (2025): $2,028 · +2.8% YoY. Source: county tax records.