1020 Laurel Ct NE · Palm Bay, FL 32907

$127,000

2 bd · 2.0 ba · 840 sqft · Manufactured public records · 93 Days on market

Built 1980 8,712 sqft lot $243/mo HOA · 15% of rent

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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 +15.0/30.0
• 1% rule +8.1/10.0
• ARV discount +7.5/15.0
• Schools +4.7/10.0
• DSCR +4.6/10.0
• Livability +3.6/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

MOTIVATED SELLER! Just repainted the exterior for new owners!! Nestled on on the the LARGEST LOTS in the 55+ gated and guarded community of Holiday Park. This well maintained, 3 bedroom, 2 bath home is sure to impress. Bright and airy. Split plan, 14 ft single wide. But, don't underestimate the space! Newer laminate in the main living space and bedrooms. BRAND NEW A/C. and duct work! Roof recently sealed. New stacked Washer and Dryer located inside the home. Exterior of home and drive way have been recently pressure washed , gutters cleaned, new paint on the rear of the house. Great amenities at Holiday Park including 2 swimming pools, billiards, and much more!

Key facts

• Gated community
• Extra-large lot
• Clubhouse

Tags

• GATED COMMUNITY
• CLUBHOUSE
• TWO POOLS
• EXTRA-LARGE LOT

Property features AI

Finance

• Other: Not land-leased
• HOA & community: Has association (Port Malabar Holiday Park Property Owners Association); Annual association fee of $2,910; Senior community

Exterior

• Parking: Attached carport (1 space)
• Security: 24-hour security; Gated community with guard
• Utilities: Public sewer; Water available and connected; Electricity available and connected; Cable available and connected
• Home design: Manufactured home; Single-story; Faces northeast
• Construction: Frame construction with vinyl siding
• Exterior features: Located on a cul-de-sac; Asphalt road access; 24-hour security and gated community with guard; Metal roof

Interior

• Kitchen: Dishwasher; Electric range; Refrigerator; Electric water heater
• Bedrooms: 3 bedrooms
• Flooring: Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric, hot water); Central air conditioning
• Interior features: Primary bathroom with tub and shower; Unfurnished
• Laundry & utility: Washer hookup; Electric dryer hookup; Washer and dryer included

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $127k.

Deal economics

• At list price, monthly cash flow is $39 ($463/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $127k).
• Recommended offer: $116k (9.0% below list) — sets the bar for market timing.

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: Lockmar Elementary School (math 45% / reading 53%, grade D, #1,134 of 2,144 statewide, top 54%, 583 students, 58% FRL); Southwest Middle School (math 40% / reading 39%, grade F, #373 of 571 statewide, top 66%, 920 students, 58% FRL); Palm Bay Magnet Senior High School (math 25% / reading 37%, grade F, #429 of 667 statewide, top 65%, 1,486 students, 63% FRL) — zoned schools average 60% FRL vs 43% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 40% at this address vs 55% district-wide (-15 pts) — the specific schools serving this property underperform the Brevard average; the district grade overstates school quality for this exact location.
• Market conditions: Rents flat; 739 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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

• Local home prices are declining (-3.0%/yr); year-one equity from $878 of loan paydown is wiped out by about $4k 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 93 days — a 9% lower offer ($116k) is reasonable based on typical stale-listing flexibility.
• 6 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

• Watch-outs: property tax is 2.9% of price.
• 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 $115,570 (9.0% below list)

Questions for the listing agent

1. It's been on market 93 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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: 1.31% ✓
• Cap rate: 6.66%
• Cash-on-cash: 1.30%
• DSCR: 1.06
• GRM: 6.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.93% rent growth · sell at horizon

5-year hold

• IRR: -17.4%
• Equity multiple: 0.40×
• Total profit: $-21,237
• Equity at exit: $18,936

10-year hold

• IRR: -15.8%
• Equity multiple: 0.22×
• Total profit: $-27,560
• Equity at exit: $10,981

Cash invested: $35,560 (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 32907

• Home prices YoY: -10.1%
• Rents YoY: 0.9%
• Active inventory: 739
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $1,658 high
• Mortgage (P&I): −$666
• Tax from tax record: −$309 /mo · $3,709/yr
• Insurance: −$53
• HOA: −$243
• Vacancy / Maint / Mgmt: −$348
• Net cashflow: $39

Break-even live

Break-even rent $1,609

Max offer price $127,000

Occupancy floor 93%

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: $31,750
• Closing costs: $3,810
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
331 Holiday Park Blvd NE Palm Bay, FL	2.0	2.0	920	$1,350	$1.47	23d	1	0.05mi
205 Valor Dr SE Palm Bay, FL	1.0–2.0	1.0–2.0	901	$1,937	$2.15	14d	17	1.04mi
1635 Par St NE Unit 2103 Palm Bay, FL	2.0	2.0	1025	$2,100	$2.05	23d	1	1.19mi
1605 Par St NE Unit 3102 Palm Bay, FL	2.0	2.0	1025	$2,100	$2.05	23d	1	1.19mi
1625 Par St NE Unit 1104 Palm Bay, FL	2.0	2.0	1025	$2,100	$2.05	23d	1	1.22mi
1625 Par St NE Unit 1107 Palm Bay, FL	2.0	2.0	1025	$1,875	$1.83	23d	1	1.22mi
1698 Sunny Brook Ln NE Unit G109 Palm Bay, FL	1.0	1.0	658	$1,200	$1.82	19d	1	1.28mi
1687 Avery Rd NE Palm Bay, FL	2.0	2.0	876	$1,800	$2.05	23d	1	1.32mi
1656 Sunny Brook Ln NE Unit L102 Palm Bay, FL	3.0	2.0	914	$1,690	$1.85	21d	1	1.34mi
1608 Sunny Brook Ln Palm Bay, FL	1.0–3.0	1.0–2.0	1040	$1,412	$1.36	23d	6	1.38mi
100 Larch Cir NE Palm Bay, FL	1.0–2.0	1.0–2.0	1013	$1,775	$1.75	14d	16	1.39mi
1649 Sunny Brook Ln NE Palm Bay, FL	1.0–2.0	1.0–2.0	760	$1,950	$2.57	14d	2	1.49mi
1641 Sunny Brook Ln NE Palm Bay, FL	2.0	2.0	862	$1,500	$1.74	14d	3	1.49mi
1601 Sunny Brook Ln NE Unit D101 Palm Bay, FL	2.0	2.0	846	$1,550	$1.83	23d	1	1.49mi
1625 Sunny Brook Ln NE Unit G103 Palm Bay, FL	3.0	2.0	914	$1,700	$1.86	23d	1	1.49mi

HOA detail

• Monthly dues: $243 · $2,916/yr
• Likely covers: poolsecurity

Listing history 34 events

1. 2026-06-18
   days on market $127,000 Active 93 DOM
2. 2026-06-17
   days on market $127,000 Active 92 DOM
3. 2026-06-16
   days on market $127,000 Active 91 DOM
4. 2026-06-15
   days on market $127,000 Active 90 DOM
5. 2026-06-14
   days on market $127,000 Active 88 DOM
6. 2026-06-10
   days on market $127,000 Active 85 DOM
7. 2026-06-08
   days on market $127,000 Active 83 DOM
8. 2026-06-07
   days on market $127,000 Active 82 DOM
9. 2026-06-05
   days on market $127,000 Active 79 DOM
10. 2026-06-03
    days on market $127,000 Active 78 DOM
11. 2026-06-02
    days on market $127,000 Active 77 DOM
12. 2026-06-01
    days on market $127,000 Active 76 DOM
13. 2026-05-31
    days on market $127,000 Active 75 DOM
14. 2026-05-31
    days on market $127,000 Active 74 DOM
15. 2026-03-16
    listed $127,000 Active
16. 2023-12-04
    soldstatus $125,000
17. 2023-11-30
    soldstatus $125,000 Closed 669-char remark

    Show marketing remark (669 chars)

    MOTIVATED SELLER! Just repainted the exterior for new owners!! Nestled on on the the LARGEST LOTS in the 55+ gated and guarded community of Holiday Park. This well maintained, 3 bedroom, 2 bath home is sure to impress. Bright and airy. Split plan, 14 ft single wide. But, don't underestimate the space! Newer laminate in the main living space and bedrooms. BRAND NEW A/C. and duct work! Roof recently sealed. New stacked Washer and Dryer located inside the home. Exterior of home and drive way have been recently pressure washed , gutters cleaned, new paint on the rear of the house. Great amenities at Holiday Park including 2 swimming pools, billiards, and much more!

18. 2023-09-18
    historical Contingent 669-char remark

    Show marketing remark (669 chars)

    MOTIVATED SELLER! Just repainted the exterior for new owners!! Nestled on on the the LARGEST LOTS in the 55+ gated and guarded community of Holiday Park. This well maintained, 3 bedroom, 2 bath home is sure to impress. Bright and airy. Split plan, 14 ft single wide. But, don't underestimate the space! Newer laminate in the main living space and bedrooms. BRAND NEW A/C. and duct work! Roof recently sealed. New stacked Washer and Dryer located inside the home. Exterior of home and drive way have been recently pressure washed , gutters cleaned, new paint on the rear of the house. Great amenities at Holiday Park including 2 swimming pools, billiards, and much more!

19. 2023-09-12
    status Active 669-char remark

    Show marketing remark (669 chars)

    MOTIVATED SELLER! Just repainted the exterior for new owners!! Nestled on on the the LARGEST LOTS in the 55+ gated and guarded community of Holiday Park. This well maintained, 3 bedroom, 2 bath home is sure to impress. Bright and airy. Split plan, 14 ft single wide. But, don't underestimate the space! Newer laminate in the main living space and bedrooms. BRAND NEW A/C. and duct work! Roof recently sealed. New stacked Washer and Dryer located inside the home. Exterior of home and drive way have been recently pressure washed , gutters cleaned, new paint on the rear of the house. Great amenities at Holiday Park including 2 swimming pools, billiards, and much more!

20. 2023-09-04
    historical Backups 669-char remark

    Show marketing remark (669 chars)

    MOTIVATED SELLER! Just repainted the exterior for new owners!! Nestled on on the the LARGEST LOTS in the 55+ gated and guarded community of Holiday Park. This well maintained, 3 bedroom, 2 bath home is sure to impress. Bright and airy. Split plan, 14 ft single wide. But, don't underestimate the space! Newer laminate in the main living space and bedrooms. BRAND NEW A/C. and duct work! Roof recently sealed. New stacked Washer and Dryer located inside the home. Exterior of home and drive way have been recently pressure washed , gutters cleaned, new paint on the rear of the house. Great amenities at Holiday Park including 2 swimming pools, billiards, and much more!

21. 2023-09-02
    listed $129,000 Active 669-char remark

    Show marketing remark (669 chars)

    MOTIVATED SELLER! Just repainted the exterior for new owners!! Nestled on on the the LARGEST LOTS in the 55+ gated and guarded community of Holiday Park. This well maintained, 3 bedroom, 2 bath home is sure to impress. Bright and airy. Split plan, 14 ft single wide. But, don't underestimate the space! Newer laminate in the main living space and bedrooms. BRAND NEW A/C. and duct work! Roof recently sealed. New stacked Washer and Dryer located inside the home. Exterior of home and drive way have been recently pressure washed , gutters cleaned, new paint on the rear of the house. Great amenities at Holiday Park including 2 swimming pools, billiards, and much more!

22. 2023-02-14
    historical 676-char remark

    Show marketing remark (676 chars)

    MOTIVATED SELLER! Just repainted the exterior for new owners!! Nestled on on the the LARGEST LOTS in the 55+ gated and guarded community of Holiday Park. This well maintained, 3 bedroom, 2 bath home is sure to impress. Bright and airy. Split plan, 14 ft single wide. But, don't underestimate the space! Newer laminate in the main living space and bedrooms. BRAND NEW A/C. and duct work! Roof recently sealed. New stacked Washer and Dryer located inside the home. Exterior of home and drive way have been recently pressure washed , gutters cleaned, new paint on the rear of the house. Great amenities at Holiday Park including 2 swimming pools, billiards, and much more!

23. 2023-01-12
    historical Contingent 676-char remark

    Show marketing remark (676 chars)

    MOTIVATED SELLER! Just repainted the exterior for new owners!! Nestled on on the the LARGEST LOTS in the 55+ gated and guarded community of Holiday Park. This well maintained, 3 bedroom, 2 bath home is sure to impress. Bright and airy. Split plan, 14 ft single wide. But, don't underestimate the space! Newer laminate in the main living space and bedrooms. BRAND NEW A/C. and duct work! Roof recently sealed. New stacked Washer and Dryer located inside the home. Exterior of home and drive way have been recently pressure washed , gutters cleaned, new paint on the rear of the house. Great amenities at Holiday Park including 2 swimming pools, billiards, and much more!

24. 2022-11-03
    status Active 676-char remark

    Show marketing remark (676 chars)

    MOTIVATED SELLER! Just repainted the exterior for new owners!! Nestled on on the the LARGEST LOTS in the 55+ gated and guarded community of Holiday Park. This well maintained, 3 bedroom, 2 bath home is sure to impress. Bright and airy. Split plan, 14 ft single wide. But, don't underestimate the space! Newer laminate in the main living space and bedrooms. BRAND NEW A/C. and duct work! Roof recently sealed. New stacked Washer and Dryer located inside the home. Exterior of home and drive way have been recently pressure washed , gutters cleaned, new paint on the rear of the house. Great amenities at Holiday Park including 2 swimming pools, billiards, and much more!

25. 2022-10-28
    status Pending 676-char remark

    Show marketing remark (676 chars)

    MOTIVATED SELLER! Just repainted the exterior for new owners!! Nestled on on the the LARGEST LOTS in the 55+ gated and guarded community of Holiday Park. This well maintained, 3 bedroom, 2 bath home is sure to impress. Bright and airy. Split plan, 14 ft single wide. But, don't underestimate the space! Newer laminate in the main living space and bedrooms. BRAND NEW A/C. and duct work! Roof recently sealed. New stacked Washer and Dryer located inside the home. Exterior of home and drive way have been recently pressure washed , gutters cleaned, new paint on the rear of the house. Great amenities at Holiday Park including 2 swimming pools, billiards, and much more!

26. 2022-10-12
    historical Backups 676-char remark

    Show marketing remark (676 chars)

    MOTIVATED SELLER! Just repainted the exterior for new owners!! Nestled on on the the LARGEST LOTS in the 55+ gated and guarded community of Holiday Park. This well maintained, 3 bedroom, 2 bath home is sure to impress. Bright and airy. Split plan, 14 ft single wide. But, don't underestimate the space! Newer laminate in the main living space and bedrooms. BRAND NEW A/C. and duct work! Roof recently sealed. New stacked Washer and Dryer located inside the home. Exterior of home and drive way have been recently pressure washed , gutters cleaned, new paint on the rear of the house. Great amenities at Holiday Park including 2 swimming pools, billiards, and much more!

27. 2022-09-12
    price $122,900 676-char remark

    Show marketing remark (676 chars)

    MOTIVATED SELLER! Just repainted the exterior for new owners!! Nestled on on the the LARGEST LOTS in the 55+ gated and guarded community of Holiday Park. This well maintained, 3 bedroom, 2 bath home is sure to impress. Bright and airy. Split plan, 14 ft single wide. But, don't underestimate the space! Newer laminate in the main living space and bedrooms. BRAND NEW A/C. and duct work! Roof recently sealed. New stacked Washer and Dryer located inside the home. Exterior of home and drive way have been recently pressure washed , gutters cleaned, new paint on the rear of the house. Great amenities at Holiday Park including 2 swimming pools, billiards, and much more!

28. 2022-06-22
    price $130,000 676-char remark

    Show marketing remark (676 chars)

    MOTIVATED SELLER! Just repainted the exterior for new owners!! Nestled on on the the LARGEST LOTS in the 55+ gated and guarded community of Holiday Park. This well maintained, 3 bedroom, 2 bath home is sure to impress. Bright and airy. Split plan, 14 ft single wide. But, don't underestimate the space! Newer laminate in the main living space and bedrooms. BRAND NEW A/C. and duct work! Roof recently sealed. New stacked Washer and Dryer located inside the home. Exterior of home and drive way have been recently pressure washed , gutters cleaned, new paint on the rear of the house. Great amenities at Holiday Park including 2 swimming pools, billiards, and much more!

29. 2022-06-17
    status Active 676-char remark

    Show marketing remark (676 chars)

    MOTIVATED SELLER! Just repainted the exterior for new owners!! Nestled on on the the LARGEST LOTS in the 55+ gated and guarded community of Holiday Park. This well maintained, 3 bedroom, 2 bath home is sure to impress. Bright and airy. Split plan, 14 ft single wide. But, don't underestimate the space! Newer laminate in the main living space and bedrooms. BRAND NEW A/C. and duct work! Roof recently sealed. New stacked Washer and Dryer located inside the home. Exterior of home and drive way have been recently pressure washed , gutters cleaned, new paint on the rear of the house. Great amenities at Holiday Park including 2 swimming pools, billiards, and much more!

30. 2022-06-14
    historical Contingent 676-char remark

    Show marketing remark (676 chars)

    MOTIVATED SELLER! Just repainted the exterior for new owners!! Nestled on on the the LARGEST LOTS in the 55+ gated and guarded community of Holiday Park. This well maintained, 3 bedroom, 2 bath home is sure to impress. Bright and airy. Split plan, 14 ft single wide. But, don't underestimate the space! Newer laminate in the main living space and bedrooms. BRAND NEW A/C. and duct work! Roof recently sealed. New stacked Washer and Dryer located inside the home. Exterior of home and drive way have been recently pressure washed , gutters cleaned, new paint on the rear of the house. Great amenities at Holiday Park including 2 swimming pools, billiards, and much more!

31. 2022-04-26
    price $139,900 676-char remark

    Show marketing remark (676 chars)

    MOTIVATED SELLER! Just repainted the exterior for new owners!! Nestled on on the the LARGEST LOTS in the 55+ gated and guarded community of Holiday Park. This well maintained, 3 bedroom, 2 bath home is sure to impress. Bright and airy. Split plan, 14 ft single wide. But, don't underestimate the space! Newer laminate in the main living space and bedrooms. BRAND NEW A/C. and duct work! Roof recently sealed. New stacked Washer and Dryer located inside the home. Exterior of home and drive way have been recently pressure washed , gutters cleaned, new paint on the rear of the house. Great amenities at Holiday Park including 2 swimming pools, billiards, and much more!

32. 2022-04-26
    listed $139,000 Active 676-char remark

    Show marketing remark (676 chars)

    MOTIVATED SELLER! Just repainted the exterior for new owners!! Nestled on on the the LARGEST LOTS in the 55+ gated and guarded community of Holiday Park. This well maintained, 3 bedroom, 2 bath home is sure to impress. Bright and airy. Split plan, 14 ft single wide. But, don't underestimate the space! Newer laminate in the main living space and bedrooms. BRAND NEW A/C. and duct work! Roof recently sealed. New stacked Washer and Dryer located inside the home. Exterior of home and drive way have been recently pressure washed , gutters cleaned, new paint on the rear of the house. Great amenities at Holiday Park including 2 swimming pools, billiards, and much more!

33. 2022-04-23
    historical $139,000 676-char remark

    Show marketing remark (676 chars)

    MOTIVATED SELLER! Just repainted the exterior for new owners!! Nestled on on the the LARGEST LOTS in the 55+ gated and guarded community of Holiday Park. This well maintained, 3 bedroom, 2 bath home is sure to impress. Bright and airy. Split plan, 14 ft single wide. But, don't underestimate the space! Newer laminate in the main living space and bedrooms. BRAND NEW A/C. and duct work! Roof recently sealed. New stacked Washer and Dryer located inside the home. Exterior of home and drive way have been recently pressure washed , gutters cleaned, new paint on the rear of the house. Great amenities at Holiday Park including 2 swimming pools, billiards, and much more!

34. 1980-10-01
    soldstatus $20,300

ⓘ 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: $3,709 · $309/mo
• Projected year-2 tax: $3,709 · $309/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 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: $19,893
• − Mortgage interest: −$7,114
• − Property taxes: −$3,709
• − Insurance: −$635
• − Repairs & maintenance: −$1,591
• − Management: −$1,591
• − HOA: −$2,916
• − Depreciation: −$3,695
• Taxable loss: −$1,359
• Est. tax savings @ 24.0%: +$326
• After-tax cash flow: $789/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): 49,080
• Household income: $75,311
• Rent vs Own: 13.3% rent · 86.7% own
• Severe rent burden: 702.0

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 0.62)
• Race & ethnicity: White 56% Hispanic / Latino 21% Black 15% Two or more races 14% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 9% Cuban 2% Dominican 3%
• Common ancestry: Romanian 2% Lithuanian 2% Hispanic 2%
• Foreign-born: 16% · Canada, Jamaica
• Languages at home: 77% English-only · Spanish 17% French/Haitian/Cajun 2% Other Indo-European 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: ▼ -34.79%
• Current HPI: 308.9719
• Rent YoY: ▲ 0.93%
• 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

+525.6% since first listed

20 events — show timeline

• 2026-03-16 Listed $127,000 SCMLS
• 2023-12-04 Sold (Public Records) $125,000 Public Records
• 2023-11-30 Sold (MLS) $125,000 SCMLS
• 2023-09-18 Contingent — SCMLS
• 2023-09-12 Relisted — SCMLS
• 2023-09-04 Contingent — SCMLS
• 2023-09-02 Listed $129,000 SCMLS
• 2023-02-14 Listing Removed — SCMLS
• 2023-01-12 Contingent — SCMLS
• 2022-11-03 Relisted — SCMLS
• 2022-10-28 Pending — SCMLS
• 2022-10-12 Contingent — SCMLS
• 2022-09-12 Price Changed $122,900 SCMLS
• 2022-06-22 Price Changed $130,000 SCMLS
• 2022-06-17 Relisted — SCMLS
• 2022-06-14 Contingent — SCMLS
• 2022-04-26 Price Changed $139,900 SCMLS
• 2022-04-26 Listed $139,000 SCMLS
• 2022-04-23 Coming Soon $139,000 SCMLS
• 1980-10-01 Sold (Public Records) $20,300 Public Records

Property tax history

+3.7%/yr

Latest (2025): $3,709 · -16.5% YoY. Source: county tax records.