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601 Sauders Rd SE
C Composite 57.12
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 +16.1/30.0
  • Appreciation +10.0/10.0
  • ARV discount +7.5/15.0
  • DSCR +5.0/10.0
  • Schools +4.7/10.0
  • 1% rule +4.3/10.0
  • Livability +3.6/5.0
  • Rent growth +3.4/5.0
  • Condition / age +2.5/5.0

$224,999

601 Sauders Rd SE · Palm Bay, FL 32909
3 bd · 2.0 ba · 1,499 sqft · SingleFamily public records · 21 Days on market
Built 1989 10,019 sqft lot

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

Listing remarks MLS

BACK ON THE MARKET BEFORE BUYER DID ANY INSPECTIONS! Great investment opportunity or handyman's dream with serious upside! This true fixer-upper is perfect for investors, flippers, or buyers ready to create their vision. This home does require updating including windows, drywall work, and flooring in some areas. Major systems were already updated in 2020-2021--including roof, A/C, ductwork, and water heater--giving you a strong foundation to build on. The home includes a newer washer, dryer, and dishwasher, plus a valuable head start on renovations with materials already purchased and conveyed with the sale. Brand-new flooring (still in boxes) is ready for installation in the flex room, along with new closet doors for the guest rooms and new door for the primary bedroom and laundry room. Inside, you'll find a flexible layout with an open floor plan, split bedrooms, and a Florida room converted into a versatile flex space--ideal for an office, playroom, or additional living area. The guest bathroom includes a new tub/shower insert and vanity ready for installation, while the primary bath features a new sink still in the box. Outside, enjoy a generously sized backyard with plenty of room to expand, entertain, or create your own outdoor oasis. With solid bones, key updates already completed, and renovation materials included, this home presents a rare opportunity to customize and add value. Within minutes to Odyssey Charter School (VPK through 12th grade) and Pineapple Cove. Located close to shopping and local restaurants.

Key facts

  • New flooring
  • Flexible layout
  • Florida room

Tags

MAJOR SYSTEMS UPDATEDNEWER WASHER DRYER DISHWASHERNEW FLOORINGFLEXIBLE LAYOUTFLORIDA ROOMGENEROUSLY SIZED BACKYARD

Property features AI

Finance

  • Other: Property type: Residential — Single Family Residence; Zoning: RS2; Lot size reported as 0.23 acres (0.0 to less than 1/4 acre range)
  • Financial info: No lease restrictions
  • HOA & community: No association

Exterior

  • Parking: Attached garage with 2 spaces
  • Utilities: Public water; Septic tank sewer; Electricity connected; Cable available; Water connected
  • Home design: Single family residence; One story; Faces east; Fixer condition; Homestead exempt
  • Construction: Stucco and frame construction; Shingle roof; Slab foundation; Building area recorded at 2,123 total square feet; living area recorded at 1,499 square feet
  • Exterior features: Sliding doors; Chain link fence; Paved road access; Lot approximately 0.23 acres (80 x 125)

Interior

  • Kitchen: Dishwasher; Range; Refrigerator; Electric water heater
  • Bedrooms: 3 bedrooms
  • Flooring: Ceramic tile; Laminate
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating (electric); Central air conditioning
  • Interior features: Ceiling fans; Kitchen/family room combo; Living room/dining room combo; Open floorplan; Vaulted ceilings; Walk-in closets
  • Laundry & utility: Washer; Dryer; Inside laundry room

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 $225k.

Deal economics

  • At list price, monthly cash flow is $117 ($1k/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 $209k (7.2% below list).
  • Recommended offer: $209k (7.2% 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: schools C-, employment D+, amenities F.
  • 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.
  • Market conditions: Rents rising (+3.7%/yr); 1111 active listings in the ZIP; 22 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).
  • This rent runs 31% 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 $24k of equity ($2k loan paydown + $22k 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 $63k cash investment doubles in ~3 years — after that, you're playing with house money.
  • By year 2, paydown + projected appreciation supports a ~$39k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 21 days — a 2% lower offer ($222k) is reasonable based on typical stale-listing flexibility.
  • 7 sale attempts since 21y ago; this cycle's ask has dropped $20k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $57k; list at $225k implies a 295% 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 $208,867 (7.2% 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
0.93%
Cap rate
6.92%
Cash-on-cash
2.23%
DSCR
1.10
GRM
9.0

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
26.1%
Equity multiple
3.09×
Total profit
$131,424
Equity at exit
$202,697
10-year hold
IRR
23.1%
Equity multiple
7.10×
Total profit
$384,157
Equity at exit
$437,124

Cash invested: $63,000 (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
1111
Price-to-rent
9.0×

Monthly cashflow live

Estimated rent
$2,089 high interval (Pro) →
Mortgage (P&I)
$1,180
Tax from tax record
$259 /mo · $3,113/yr
Insurance
$94
HOA
$0
Vacancy / Maint / Mgmt
$439
Net cashflow
$117

Break-even live

Break-even rent $1,941
Max offer price $224,999
Occupancy floor 89%

Sensitivity live

Price -10% $244 -5% $181 +0% $117 +5% $53 +10% $-10
Rent -10% $-48 -5% $34 +0% $117 +5% $199 +10% $282
Rate -1.0pp $230 -0.5pp $174 base $117 +0.5pp $59 +1.0pp $-1

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
$56,250
Closing costs
$6,750
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 22 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1290 Sail Ct SE Palm Bay, FL 3.0 2.0 1509 $1,945 $1.29 24d 1 0.45mi
2910 Emerson Dr SE Palm Bay, FL 3.0 2.0 1700 $1,950 $1.15 15d 1 0.56mi
818 Seven Gables Cir SE Palm Bay, FL 3.0 2.0 1490 $1,795 $1.20 24d 1 0.57mi
822 Seven Gables Cir SE Palm Bay, FL 3.0 2.0 1474 $1,835 $1.24 24d 1 0.57mi
1072 Genesee Ave SE Palm Bay, FL 3.0 2.0 1004 $1,855 $1.85 24d 1 0.87mi
1736 La Maderia Dr SW Palm Bay, FL 3.0 2.0 1873 $2,000 $1.07 24d 1 0.92mi
710 Avalon St SE Palm Bay, FL 3.0 2.0 1378 $1,995 $1.45 24d 1 0.93mi
1733 La Maderia Dr SW Palm Bay, FL 3.0 2.0 1865 $2,195 $1.18 21d 1 0.95mi
1517 Wacker Ave SE Palm Bay, FL 4.0 2.0 1775 $2,200 $1.24 24d 1 1.02mi
1068 Saint Johns St SE Palm Bay, FL 3.0 2.0 1332 $2,000 $1.50 24d 1 1.05mi
1130 Grapefruit Rd SE Palm Bay, FL 3.0 2.0 1144 $1,900 $1.66 15d 1 1.07mi
931 Commerce Rd SE Palm Bay, FL 3.0 2.0 1068 $2,300 $2.15 24d 1 1.07mi
1150 Tiger St SE Palm Bay, FL 3.0 2.0 1690 $1,950 $1.15 15d 1 1.08mi
914 Caligula Ave SE Palm Bay, FL 3.0 2.0 1371 $1,841 $1.34 14d 1 1.17mi
431 Brantley St SE Palm Bay, FL 3.0 2.0 1326 $2,050 $1.55 19d 1 1.17mi
1150 Raoul St SE Palm Bay, FL 4.0 2.0 1787 $2,300 $1.29 24d 1 1.18mi
800 Starland St SE Palm Bay, FL 2.0 1.0 904 $1,650 $1.83 24d 1 1.23mi
857 Buchanan Ave SE Palm Bay, FL 3.0 2.0 1257 $1,950 $1.55 24d 1 1.28mi
2250 Chinaberry Cir SE Palm Bay, FL 3.0 2.0 1669 $1,995 $1.20 24d 1 1.35mi
1897 Gould Ave SW Palm Bay, FL 4.0 2.0 1555 $1,850 $1.19 24d 1 1.36mi
1255 Wadsworth St SE Unit 1255 Palm Bay, FL 3.0 3.0 1747 $2,350 $1.35 19d 1 1.50mi
978 Remington Green Dr SE Palm Bay, FL 4.0 2.0 1830 $2,200 $1.20 24d 1 1.50mi

Listing history 16 events

  1. 2026-05-16
    price $224,999
    Show marketing remark (1545 chars)

    BACK ON THE MARKET BEFORE BUYER DID ANY INSPECTIONS! Great investment opportunity or handyman's dream with serious upside! This true fixer-upper is perfect for investors, flippers, or buyers ready to create their vision. This home does require updating including windows, drywall work, and flooring in some areas. Major systems were already updated in 2020-2021--including roof, A/C, ductwork, and water heater--giving you a strong foundation to build on. The home includes a newer washer, dryer, and dishwasher, plus a valuable head start on renovations with materials already purchased and conveyed with the sale. Brand-new flooring (still in boxes) is ready for installation in the flex room, along with new closet doors for the guest rooms and new door for the primary bedroom and laundry room. Inside, you'll find a flexible layout with an open floor plan, split bedrooms, and a Florida room converted into a versatile flex space--ideal for an office, playroom, or additional living area. The guest bathroom includes a new tub/shower insert and vanity ready for installation, while the primary bath features a new sink still in the box. Outside, enjoy a generously sized backyard with plenty of room to expand, entertain, or create your own outdoor oasis. With solid bones, key updates already completed, and renovation materials included, this home presents a rare opportunity to customize and add value. Within minutes to Odyssey Charter School (VPK through 12th grade) and Pineapple Cove. Located close to shopping and local restaurants.

  2. 2026-05-16
    price $224,999 1545-char remark
    Show marketing remark (1545 chars)

    BACK ON THE MARKET BEFORE BUYER DID ANY INSPECTIONS! Great investment opportunity or handyman's dream with serious upside! This true fixer-upper is perfect for investors, flippers, or buyers ready to create their vision. This home does require updating including windows, drywall work, and flooring in some areas. Major systems were already updated in 2020-2021--including roof, A/C, ductwork, and water heater--giving you a strong foundation to build on. The home includes a newer washer, dryer, and dishwasher, plus a valuable head start on renovations with materials already purchased and conveyed with the sale. Brand-new flooring (still in boxes) is ready for installation in the flex room, along with new closet doors for the guest rooms and new door for the primary bedroom and laundry room. Inside, you'll find a flexible layout with an open floor plan, split bedrooms, and a Florida room converted into a versatile flex space--ideal for an office, playroom, or additional living area. The guest bathroom includes a new tub/shower insert and vanity ready for installation, while the primary bath features a new sink still in the box. Outside, enjoy a generously sized backyard with plenty of room to expand, entertain, or create your own outdoor oasis. With solid bones, key updates already completed, and renovation materials included, this home presents a rare opportunity to customize and add value. Within minutes to Odyssey Charter School (VPK through 12th grade) and Pineapple Cove. Located close to shopping and local restaurants.

  3. 2026-05-15
    status Active 1545-char remark
    Show marketing remark (1545 chars)

    BACK ON THE MARKET BEFORE BUYER DID ANY INSPECTIONS! Great investment opportunity or handyman's dream with serious upside! This true fixer-upper is perfect for investors, flippers, or buyers ready to create their vision. This home does require updating including windows, drywall work, and flooring in some areas. Major systems were already updated in 2020-2021--including roof, A/C, ductwork, and water heater--giving you a strong foundation to build on. The home includes a newer washer, dryer, and dishwasher, plus a valuable head start on renovations with materials already purchased and conveyed with the sale. Brand-new flooring (still in boxes) is ready for installation in the flex room, along with new closet doors for the guest rooms and new door for the primary bedroom and laundry room. Inside, you'll find a flexible layout with an open floor plan, split bedrooms, and a Florida room converted into a versatile flex space--ideal for an office, playroom, or additional living area. The guest bathroom includes a new tub/shower insert and vanity ready for installation, while the primary bath features a new sink still in the box. Outside, enjoy a generously sized backyard with plenty of room to expand, entertain, or create your own outdoor oasis. With solid bones, key updates already completed, and renovation materials included, this home presents a rare opportunity to customize and add value. Within minutes to Odyssey Charter School (VPK through 12th grade) and Pineapple Cove. Located close to shopping and local restaurants.

  4. 2026-05-15
    status Active
    Show marketing remark (1545 chars)

    BACK ON THE MARKET BEFORE BUYER DID ANY INSPECTIONS! Great investment opportunity or handyman's dream with serious upside! This true fixer-upper is perfect for investors, flippers, or buyers ready to create their vision. This home does require updating including windows, drywall work, and flooring in some areas. Major systems were already updated in 2020-2021--including roof, A/C, ductwork, and water heater--giving you a strong foundation to build on. The home includes a newer washer, dryer, and dishwasher, plus a valuable head start on renovations with materials already purchased and conveyed with the sale. Brand-new flooring (still in boxes) is ready for installation in the flex room, along with new closet doors for the guest rooms and new door for the primary bedroom and laundry room. Inside, you'll find a flexible layout with an open floor plan, split bedrooms, and a Florida room converted into a versatile flex space--ideal for an office, playroom, or additional living area. The guest bathroom includes a new tub/shower insert and vanity ready for installation, while the primary bath features a new sink still in the box. Outside, enjoy a generously sized backyard with plenty of room to expand, entertain, or create your own outdoor oasis. With solid bones, key updates already completed, and renovation materials included, this home presents a rare opportunity to customize and add value. Within minutes to Odyssey Charter School (VPK through 12th grade) and Pineapple Cove. Located close to shopping and local restaurants.

  5. 2026-05-13
    status Pending
    Show marketing remark (1545 chars)

    BACK ON THE MARKET BEFORE BUYER DID ANY INSPECTIONS! Great investment opportunity or handyman's dream with serious upside! This true fixer-upper is perfect for investors, flippers, or buyers ready to create their vision. This home does require updating including windows, drywall work, and flooring in some areas. Major systems were already updated in 2020-2021--including roof, A/C, ductwork, and water heater--giving you a strong foundation to build on. The home includes a newer washer, dryer, and dishwasher, plus a valuable head start on renovations with materials already purchased and conveyed with the sale. Brand-new flooring (still in boxes) is ready for installation in the flex room, along with new closet doors for the guest rooms and new door for the primary bedroom and laundry room. Inside, you'll find a flexible layout with an open floor plan, split bedrooms, and a Florida room converted into a versatile flex space--ideal for an office, playroom, or additional living area. The guest bathroom includes a new tub/shower insert and vanity ready for installation, while the primary bath features a new sink still in the box. Outside, enjoy a generously sized backyard with plenty of room to expand, entertain, or create your own outdoor oasis. With solid bones, key updates already completed, and renovation materials included, this home presents a rare opportunity to customize and add value. Within minutes to Odyssey Charter School (VPK through 12th grade) and Pineapple Cove. Located close to shopping and local restaurants.

  6. 2026-05-13
    historical Active Under Contract 1545-char remark
    Show marketing remark (1545 chars)

    BACK ON THE MARKET BEFORE BUYER DID ANY INSPECTIONS! Great investment opportunity or handyman's dream with serious upside! This true fixer-upper is perfect for investors, flippers, or buyers ready to create their vision. This home does require updating including windows, drywall work, and flooring in some areas. Major systems were already updated in 2020-2021--including roof, A/C, ductwork, and water heater--giving you a strong foundation to build on. The home includes a newer washer, dryer, and dishwasher, plus a valuable head start on renovations with materials already purchased and conveyed with the sale. Brand-new flooring (still in boxes) is ready for installation in the flex room, along with new closet doors for the guest rooms and new door for the primary bedroom and laundry room. Inside, you'll find a flexible layout with an open floor plan, split bedrooms, and a Florida room converted into a versatile flex space--ideal for an office, playroom, or additional living area. The guest bathroom includes a new tub/shower insert and vanity ready for installation, while the primary bath features a new sink still in the box. Outside, enjoy a generously sized backyard with plenty of room to expand, entertain, or create your own outdoor oasis. With solid bones, key updates already completed, and renovation materials included, this home presents a rare opportunity to customize and add value. Within minutes to Odyssey Charter School (VPK through 12th grade) and Pineapple Cove. Located close to shopping and local restaurants.

  7. 2026-05-06
    listed $245,000 Active
    Show marketing remark (1545 chars)

    BACK ON THE MARKET BEFORE BUYER DID ANY INSPECTIONS! Great investment opportunity or handyman's dream with serious upside! This true fixer-upper is perfect for investors, flippers, or buyers ready to create their vision. This home does require updating including windows, drywall work, and flooring in some areas. Major systems were already updated in 2020-2021--including roof, A/C, ductwork, and water heater--giving you a strong foundation to build on. The home includes a newer washer, dryer, and dishwasher, plus a valuable head start on renovations with materials already purchased and conveyed with the sale. Brand-new flooring (still in boxes) is ready for installation in the flex room, along with new closet doors for the guest rooms and new door for the primary bedroom and laundry room. Inside, you'll find a flexible layout with an open floor plan, split bedrooms, and a Florida room converted into a versatile flex space--ideal for an office, playroom, or additional living area. The guest bathroom includes a new tub/shower insert and vanity ready for installation, while the primary bath features a new sink still in the box. Outside, enjoy a generously sized backyard with plenty of room to expand, entertain, or create your own outdoor oasis. With solid bones, key updates already completed, and renovation materials included, this home presents a rare opportunity to customize and add value. Within minutes to Odyssey Charter School (VPK through 12th grade) and Pineapple Cove. Located close to shopping and local restaurants.

  8. 2026-05-06
    listed $245,000 Active 1545-char remark
    Show marketing remark (1545 chars)

    BACK ON THE MARKET BEFORE BUYER DID ANY INSPECTIONS! Great investment opportunity or handyman's dream with serious upside! This true fixer-upper is perfect for investors, flippers, or buyers ready to create their vision. This home does require updating including windows, drywall work, and flooring in some areas. Major systems were already updated in 2020-2021--including roof, A/C, ductwork, and water heater--giving you a strong foundation to build on. The home includes a newer washer, dryer, and dishwasher, plus a valuable head start on renovations with materials already purchased and conveyed with the sale. Brand-new flooring (still in boxes) is ready for installation in the flex room, along with new closet doors for the guest rooms and new door for the primary bedroom and laundry room. Inside, you'll find a flexible layout with an open floor plan, split bedrooms, and a Florida room converted into a versatile flex space--ideal for an office, playroom, or additional living area. The guest bathroom includes a new tub/shower insert and vanity ready for installation, while the primary bath features a new sink still in the box. Outside, enjoy a generously sized backyard with plenty of room to expand, entertain, or create your own outdoor oasis. With solid bones, key updates already completed, and renovation materials included, this home presents a rare opportunity to customize and add value. Within minutes to Odyssey Charter School (VPK through 12th grade) and Pineapple Cove. Located close to shopping and local restaurants.

  9. 2016-08-16
    historical 253-char remark
    Show marketing remark (253 chars)

    REDUCED to sell - desirable 3-bedroom, split plan, 2 bath, formal living-dining, large eat-in kitchen, inside laundry room. Covered patio, fenced yard, city water. l500 sf ft living feelslarger with vaulted ceilings and plant shelves. Move in condition.

  10. 2011-07-13
    soldstatus $57,000
  11. 2011-07-11
    soldstatus $57,000
  12. 2011-01-21
    listed $65,000
  13. 2006-10-07
    soldstatus $160,000
  14. 2006-10-03
    soldstatus $160,000
  15. 2006-09-02
    listed $165,900
  16. 2005-12-14
    listed $168,900 253-char remark
    Show marketing remark (253 chars)

    REDUCED to sell - desirable 3-bedroom, split plan, 2 bath, formal living-dining, large eat-in kitchen, inside laundry room. Covered patio, fenced yard, city water. l500 sf ft living feelslarger with vaulted ceilings and plant shelves. Move in condition.

ⓘ 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
$3,113 · $259/mo
Projected year-2 tax
$3,113 · $259/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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$25,064
− Mortgage interest
−$12,603
− Property taxes
−$3,113
− Insurance
−$1,125
− Repairs & maintenance
−$2,005
− Management
−$2,005
− Depreciation
−$6,545
Taxable loss
−$2,333
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$560
After-tax cash flow
$1,963/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

+33.2% since first listed
16 events — show timeline
  • 2026-05-16 Price Changed $224,999 Stellar MLS as Distributed by MLS Grid
  • 2026-05-16 Price Changed $224,999 SCMLS
  • 2026-05-15 Relisted SCMLS
  • 2026-05-15 Relisted Stellar MLS as Distributed by MLS Grid
  • 2026-05-13 Pending Stellar MLS as Distributed by MLS Grid
  • 2026-05-13 Contingent SCMLS
  • 2026-05-06 Listed $245,000 SCMLS
  • 2026-05-06 Listed $245,000 Stellar MLS as Distributed by MLS Grid
  • 2016-08-16 Listing Removed SCMLS
  • 2011-07-13 Sold (Public Records) $57,000 Public Records
  • 2011-07-11 Sold (MLS) $57,000 SCMLS
  • 2011-01-21 Listed $65,000 SCMLS
  • 2006-10-07 Sold (Public Records) $160,000 Public Records
  • 2006-10-03 Sold (MLS) $160,000 SCMLS
  • 2006-09-02 Listed $165,900 SCMLS
  • 2005-12-14 Listed $168,900 SCMLS

Property tax history

+5.9%/yr

Latest (2025): $3,113 · +2.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…