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550 Morning Cove Cir SE 🌊 Lakefront
D Composite 40.09
Why this score? — see what drove the D grade

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

  • Appreciation +10.0/10.0
  • ARV discount +7.5/15.0
  • Cash flow +6.0/30.0
  • Schools +4.7/10.0
  • Livability +3.6/5.0
  • Rent growth +3.4/5.0
  • Condition / age +2.5/5.0
  • 1% rule +2.1/10.0
  • DSCR +0.3/10.0

$307,500

550 Morning Cove Cir SE · Palm Bay, FL 32909
3 bd · 2.0 ba · 1,659 sqft · SingleFamily public records · 10 Days on market
Built 2001 6,970 sqft lot $185/mo HOA · 8% of rent ↓ 10% since listing

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

Listing remarks MLS

Move in ready lakefront home in a Bayside Lakes gated community. The HOA takes care of your lawn. Open floor plan with volume ceilings and an impact window skylight that brings a lot of natural light. This house features city water and sewer, ceramic tile in the main areas and laminate flooring in the bedrooms, fresh paint inside, an eat-in kitchen with stainless steel appliances including a natural gas stove and water heater, generator hookup, hurricane shutters, sprinklers system, trussed and tiled screened back porch overlooking the lake. The roof was replaced in 2019 and the A/C in 2017. Only a few houses away from the community pool.

Key facts

  • Barn-door accent
  • Waterfront home
  • Updated flooring

Tags

WATERFRONT HOMEUPDATED FLOORINGCUSTOM LIGHTINGDESIGNER-REFINISHED CABINETRYREMODELED MASTER SUITEBARN-DOOR ACCENT

Property features AI

Finance

  • Other: Pets allowed with approval (cats and dogs OK; breed restrictions apply)
  • HOA & community: Community association (monthly fee of $185); Association management: bayside management; Community spa: heated, in-ground (community)

Exterior

  • Parking: Attached 2-car garage
  • Security: Security gate; Smoke detectors
  • Utilities: Public sewer; Water connected; Sewer connected; Electricity connected; Natural gas connected; Cable available
  • Home design: Single family residence; One level (entry level 1); Northeast-facing
  • Construction: Block, concrete and stucco construction; Shingle roof
  • Exterior features: Covered, screened rear porch; Storm shutters; Sprinklers in front and rear; Few trees; cleared lot; City street frontage; asphalt road surface

Interior

  • Kitchen: Dishwasher; Gas range; Microwave; Refrigerator
  • Bedrooms: 3 bedrooms (all on the main level)
  • Flooring: Laminate; Tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating; Central electric air conditioning
  • Interior features: Open floorplan with entrance foyer; Built-in features; Ceiling fans; Breakfast bar and breakfast nook; Eat-in kitchen; Pantry; Primary bathroom with tub and separate shower; Primary bedroom on main level; Trussed covered screened patio (main level)
  • Laundry & utility: Washer hookup; Electric dryer hookup; Gas dryer hookup; In-unit laundry

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 $308k.

Deal economics

  • At list price, monthly cash flow is $-592 ($-7k/yr) — negative.
  • To cash-flow at today's rent, offer at most $203k (34.0% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $218k (29.1% below list).
  • Recommended offer: $203k (34.0% below list) — sets the bar for cash-flow.

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; 28 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 33% 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 $33k of equity ($2k loan paydown + $31k 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 ~$53k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
  • 5 sale attempts since 3y 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→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $202,992 (34.0% 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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
  6. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
  7. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
  8. 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.
  9. 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.
  10. 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
0.71%
Cap rate
3.98%
Cash-on-cash
-8.25%
DSCR
0.63
GRM
11.8

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
18.7%
Equity multiple
2.53×
Total profit
$131,420
Equity at exit
$277,020
10-year hold
IRR
17.5%
Equity multiple
5.88×
Total profit
$420,022
Equity at exit
$597,405

Cash invested: $86,100 (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
11.8×

Monthly cashflow live

Estimated rent
$2,179 high interval (Pro) →
Mortgage (P&I)
$1,613
Tax from tax record
$387 /mo · $4,648/yr
Insurance
$128
HOA
$185
Vacancy / Maint / Mgmt
$458
Net cashflow
$-592

Break-even live

Break-even rent $2,928
Max offer price $202,992
Occupancy floor

Sensitivity live

Price -10% $-418 -5% $-505 +0% $-592 +5% $-679 +10% $-766
Rent -10% $-764 -5% $-678 +0% $-592 +5% $-506 +10% $-419
Rate -1.0pp $-437 -0.5pp $-513 base $-592 +0.5pp $-671 +1.0pp $-752

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
$76,875
Closing costs
$9,225
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 28 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2250 Chinaberry Cir SE Palm Bay, FL 3.0 2.0 1669 $1,995 $1.20 24d 1 0.33mi
978 Remington Green Dr SE Palm Bay, FL 4.0 2.0 1830 $2,200 $1.20 24d 1 0.57mi
402 Breckenridge Cir SE Palm Bay, FL 3.0 2.0 1960 $2,200 $1.12 24d 1 0.60mi
590 Trymore Dr SE Palm Bay, FL 4.0 2.0 1873 $2,250 $1.20 15d 1 0.97mi
1224 Dillard Dr SE Palm Bay, FL 3.0 2.0 1770 $2,336 $1.32 14d 1 0.99mi
2910 Emerson Dr SE Palm Bay, FL 3.0 2.0 1700 $1,950 $1.15 15d 1 1.04mi
830 Painesville St SE Palm Bay, FL 3.0 2.0 2029 $2,220 $1.09 14d 1 1.07mi
1150 Tiger St SE Palm Bay, FL 3.0 2.0 1690 $1,950 $1.15 15d 1 1.13mi
1068 Saint Johns St SE Palm Bay, FL 3.0 2.0 1332 $2,000 $1.50 24d 1 1.16mi
2036 Walsh Ave SE Palm Bay, FL 3.0 2.0 1331 $1,930 $1.45 24d 1 1.19mi
1718 Sawgrass Dr SW Palm Bay, FL 4.0 2.5 2248 $2,400 $1.07 24d 1 1.19mi
2691 Tepee Ave SE Palm Bay, FL 4.0 2.0 1833 $2,040 $1.11 21d 1 1.21mi
1523 Elmhurst Cir SE Palm Bay, FL 3.0 2.0 2028 $2,325 $1.15 24d 1 1.26mi
1736 La Maderia Dr SW Palm Bay, FL 3.0 2.0 1873 $2,000 $1.07 24d 1 1.29mi
818 Seven Gables Cir SE Palm Bay, FL 3.0 2.0 1490 $1,795 $1.20 24d 1 1.31mi
1517 Wacker Ave SE Palm Bay, FL 4.0 2.0 1775 $2,200 $1.24 24d 1 1.31mi
328 Hammonton St SW Palm Bay, FL 3.0 2.0 1942 $2,500 $1.29 24d 1 1.31mi
1733 La Maderia Dr SW Palm Bay, FL 3.0 2.0 1865 $2,195 $1.18 21d 1 1.32mi
822 Seven Gables Cir SE Palm Bay, FL 3.0 2.0 1474 $1,835 $1.24 24d 1 1.32mi
2749 Freehold Ave SE Palm Bay, FL 3.0 2.0 1386 $1,800 $1.30 24d 1 1.38mi
1290 Sail Ct SE Palm Bay, FL 3.0 2.0 1509 $1,945 $1.29 24d 1 1.38mi
1165 Rabbit St SE Palm Bay, FL 3.0 2.0 1994 $1,895 $0.95 19d 1 1.39mi
543 Reading St SE Palm Bay, FL 4.0 2.0 1833 $2,010 $1.10 21d 1 1.42mi
1150 Raoul St SE Palm Bay, FL 4.0 2.0 1787 $2,300 $1.29 24d 1 1.42mi
1224 Buffing Cir SE Palm Bay, FL 4.0 2.0 2233 $2,395 $1.07 15d 1 1.42mi
160 Dailey St SE Palm Bay, FL 4.0 2.0 1795 $2,275 $1.27 24d 1 1.45mi
1897 Gould Ave SW Palm Bay, FL 4.0 2.0 1555 $1,850 $1.19 24d 1 1.46mi
2785 Gabboys Ave SE Palm Bay, FL 3.0 2.0 1475 $1,849 $1.25 24d 1 1.48mi

HOA detail

Monthly dues
$185 · $2,220/yr
Likely covers
watersewergaspoolsecurity

Listing history 22 events

  1. 2026-05-15
    listed $307,500 Active
  2. 2025-04-18
    soldstatus $305,000 Closed 646-char remark
    Show marketing remark (646 chars)

    Move in ready lakefront home in a Bayside Lakes gated community. The HOA takes care of your lawn. Open floor plan with volume ceilings and an impact window skylight that brings a lot of natural light. This house features city water and sewer, ceramic tile in the main areas and laminate flooring in the bedrooms, fresh paint inside, an eat-in kitchen with stainless steel appliances including a natural gas stove and water heater, generator hookup, hurricane shutters, sprinklers system, trussed and tiled screened back porch overlooking the lake. The roof was replaced in 2019 and the A/C in 2017. Only a few houses away from the community pool.

  3. 2025-03-26
    status Pending 646-char remark
    Show marketing remark (646 chars)

    Move in ready lakefront home in a Bayside Lakes gated community. The HOA takes care of your lawn. Open floor plan with volume ceilings and an impact window skylight that brings a lot of natural light. This house features city water and sewer, ceramic tile in the main areas and laminate flooring in the bedrooms, fresh paint inside, an eat-in kitchen with stainless steel appliances including a natural gas stove and water heater, generator hookup, hurricane shutters, sprinklers system, trussed and tiled screened back porch overlooking the lake. The roof was replaced in 2019 and the A/C in 2017. Only a few houses away from the community pool.

  4. 2025-03-24
    price $315,000 646-char remark
    Show marketing remark (646 chars)

    Move in ready lakefront home in a Bayside Lakes gated community. The HOA takes care of your lawn. Open floor plan with volume ceilings and an impact window skylight that brings a lot of natural light. This house features city water and sewer, ceramic tile in the main areas and laminate flooring in the bedrooms, fresh paint inside, an eat-in kitchen with stainless steel appliances including a natural gas stove and water heater, generator hookup, hurricane shutters, sprinklers system, trussed and tiled screened back porch overlooking the lake. The roof was replaced in 2019 and the A/C in 2017. Only a few houses away from the community pool.

  5. 2025-02-24
    price $317,000 646-char remark
    Show marketing remark (646 chars)

    Move in ready lakefront home in a Bayside Lakes gated community. The HOA takes care of your lawn. Open floor plan with volume ceilings and an impact window skylight that brings a lot of natural light. This house features city water and sewer, ceramic tile in the main areas and laminate flooring in the bedrooms, fresh paint inside, an eat-in kitchen with stainless steel appliances including a natural gas stove and water heater, generator hookup, hurricane shutters, sprinklers system, trussed and tiled screened back porch overlooking the lake. The roof was replaced in 2019 and the A/C in 2017. Only a few houses away from the community pool.

  6. 2025-02-13
    price $319,400 646-char remark
    Show marketing remark (646 chars)

    Move in ready lakefront home in a Bayside Lakes gated community. The HOA takes care of your lawn. Open floor plan with volume ceilings and an impact window skylight that brings a lot of natural light. This house features city water and sewer, ceramic tile in the main areas and laminate flooring in the bedrooms, fresh paint inside, an eat-in kitchen with stainless steel appliances including a natural gas stove and water heater, generator hookup, hurricane shutters, sprinklers system, trussed and tiled screened back porch overlooking the lake. The roof was replaced in 2019 and the A/C in 2017. Only a few houses away from the community pool.

  7. 2025-01-15
    listed $327,400 Active 646-char remark
    Show marketing remark (646 chars)

    Move in ready lakefront home in a Bayside Lakes gated community. The HOA takes care of your lawn. Open floor plan with volume ceilings and an impact window skylight that brings a lot of natural light. This house features city water and sewer, ceramic tile in the main areas and laminate flooring in the bedrooms, fresh paint inside, an eat-in kitchen with stainless steel appliances including a natural gas stove and water heater, generator hookup, hurricane shutters, sprinklers system, trussed and tiled screened back porch overlooking the lake. The roof was replaced in 2019 and the A/C in 2017. Only a few houses away from the community pool.

  8. 2025-01-10
    historical $2,100
  9. 2024-12-05
    price $2,100
  10. 2024-11-26
    price $2,200
  11. 2024-11-20
    price $2,300
  12. 2024-11-15
    listed $2,500
  13. 2024-10-04
    soldstatus $290,000
  14. 2024-09-30
    soldstatus $290,000 Closed 967-char remark
    Show marketing remark (967 chars)

    Major Price Reductions due to Seller need to relocate to take care or elderly family member. BEST VALUE in area for the money, offers well maintained home with screen room overlooking private large Pond. Neighborhood pool only couple homes away, plus Bayside Lakes clubhouse and Resort Pool nearby in addition to local shopping within mile. HOA takes care of Lawn, gate and BOTH Pools with amenities so you have more time to enjoy the surroundings. All stainless appliances remain, including Generator Hookup. City Water, Sewer, Natural Gas Stove and Hot water. Roof and AC and some other upgrades within 5 years. The location and ease of maintenance makes this ideal for Year-Round or Part time occupancy, The main Bayside Lakes clubhouse provides for a gym, BBQ, Tennis, and other recreational areas. Open Floorplan provides eat in kitchen, dining and living areas with the screened porch, plus tile and laminate flooring. Location not on side of former golf course

  15. 2024-09-14
    status Pending 967-char remark
    Show marketing remark (967 chars)

    Major Price Reductions due to Seller need to relocate to take care or elderly family member. BEST VALUE in area for the money, offers well maintained home with screen room overlooking private large Pond. Neighborhood pool only couple homes away, plus Bayside Lakes clubhouse and Resort Pool nearby in addition to local shopping within mile. HOA takes care of Lawn, gate and BOTH Pools with amenities so you have more time to enjoy the surroundings. All stainless appliances remain, including Generator Hookup. City Water, Sewer, Natural Gas Stove and Hot water. Roof and AC and some other upgrades within 5 years. The location and ease of maintenance makes this ideal for Year-Round or Part time occupancy, The main Bayside Lakes clubhouse provides for a gym, BBQ, Tennis, and other recreational areas. Open Floorplan provides eat in kitchen, dining and living areas with the screened porch, plus tile and laminate flooring. Location not on side of former golf course

  16. 2024-09-03
    price $300,000 967-char remark
    Show marketing remark (967 chars)

    Major Price Reductions due to Seller need to relocate to take care or elderly family member. BEST VALUE in area for the money, offers well maintained home with screen room overlooking private large Pond. Neighborhood pool only couple homes away, plus Bayside Lakes clubhouse and Resort Pool nearby in addition to local shopping within mile. HOA takes care of Lawn, gate and BOTH Pools with amenities so you have more time to enjoy the surroundings. All stainless appliances remain, including Generator Hookup. City Water, Sewer, Natural Gas Stove and Hot water. Roof and AC and some other upgrades within 5 years. The location and ease of maintenance makes this ideal for Year-Round or Part time occupancy, The main Bayside Lakes clubhouse provides for a gym, BBQ, Tennis, and other recreational areas. Open Floorplan provides eat in kitchen, dining and living areas with the screened porch, plus tile and laminate flooring. Location not on side of former golf course

  17. 2024-08-30
    price $310,000 967-char remark
    Show marketing remark (967 chars)

    Major Price Reductions due to Seller need to relocate to take care or elderly family member. BEST VALUE in area for the money, offers well maintained home with screen room overlooking private large Pond. Neighborhood pool only couple homes away, plus Bayside Lakes clubhouse and Resort Pool nearby in addition to local shopping within mile. HOA takes care of Lawn, gate and BOTH Pools with amenities so you have more time to enjoy the surroundings. All stainless appliances remain, including Generator Hookup. City Water, Sewer, Natural Gas Stove and Hot water. Roof and AC and some other upgrades within 5 years. The location and ease of maintenance makes this ideal for Year-Round or Part time occupancy, The main Bayside Lakes clubhouse provides for a gym, BBQ, Tennis, and other recreational areas. Open Floorplan provides eat in kitchen, dining and living areas with the screened porch, plus tile and laminate flooring. Location not on side of former golf course

  18. 2024-08-16
    listed $320,000 Active 967-char remark
    Show marketing remark (967 chars)

    Major Price Reductions due to Seller need to relocate to take care or elderly family member. BEST VALUE in area for the money, offers well maintained home with screen room overlooking private large Pond. Neighborhood pool only couple homes away, plus Bayside Lakes clubhouse and Resort Pool nearby in addition to local shopping within mile. HOA takes care of Lawn, gate and BOTH Pools with amenities so you have more time to enjoy the surroundings. All stainless appliances remain, including Generator Hookup. City Water, Sewer, Natural Gas Stove and Hot water. Roof and AC and some other upgrades within 5 years. The location and ease of maintenance makes this ideal for Year-Round or Part time occupancy, The main Bayside Lakes clubhouse provides for a gym, BBQ, Tennis, and other recreational areas. Open Floorplan provides eat in kitchen, dining and living areas with the screened porch, plus tile and laminate flooring. Location not on side of former golf course

  19. 2023-05-08
    soldstatus $325,000
  20. 2023-05-05
    soldstatus $325,000 Closed
  21. 2023-04-27
    historical Backups
  22. 2023-03-29
    listed $339,900 Active

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

Tax reassessment forecast FL · Resets to sale price

Current annual tax
$4,648 · $387/mo
Projected year-2 tax
$4,648 · $387/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 10/10 Extreme 7 d/yr ≥106°F today · 23 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
$26,148
− Mortgage interest
−$17,225
− Property taxes
−$4,648
− Insurance
−$1,538
− Repairs & maintenance
−$2,092
− Management
−$2,092
− HOA
−$2,220
− Depreciation
−$8,945
Taxable loss
−$12,611
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$3,027
After-tax cash flow
$-4,072/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

-9.5% since first listed
22 events — show timeline
  • 2026-05-15 Listed $307,500 SCMLS
  • 2025-04-18 Sold (MLS) $305,000 SCMLS
  • 2025-03-26 Pending SCMLS
  • 2025-03-24 Price Changed $315,000 SCMLS
  • 2025-02-24 Price Changed $317,000 SCMLS
  • 2025-02-13 Price Changed $319,400 SCMLS
  • 2025-01-15 Listed $327,400 SCMLS
  • 2025-01-10 Rental Removed $2,100 SCMLS
  • 2024-12-05 Price Changed $2,100 SCMLS
  • 2024-11-26 Price Changed $2,200 SCMLS
  • 2024-11-20 Price Changed $2,300 SCMLS
  • 2024-11-15 Listed for Rent $2,500 SCMLS
  • 2024-10-04 Sold (Public Records) $290,000 Public Records
  • 2024-09-30 Sold (MLS) $290,000 SCMLS
  • 2024-09-14 Pending SCMLS
  • 2024-09-03 Price Changed $300,000 SCMLS
  • 2024-08-30 Price Changed $310,000 SCMLS
  • 2024-08-16 Listed $320,000 SCMLS
  • 2023-05-08 Sold (Public Records) $325,000 Public Records
  • 2023-05-05 Sold (MLS) $325,000 SCMLS
  • 2023-04-27 Contingent SCMLS
  • 2023-03-29 Listed $339,900 SCMLS

Property tax history

+15.2%/yr

Latest (2025): $4,648 · +0.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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