579 N Dolphin Cir · Micco, FL 32976

$191,700

3 bd · 2.0 ba · 1,196 sqft · Manufactured public records · 30 Days on market

Built 1984 3,920 sqft lot

---

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 +13.0/30.0
• ARV discount +7.5/15.0
• Schools +4.7/10.0
• DSCR +3.9/10.0
• 1% rule +3.8/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Move right into this charming, fully furnished 2-bedroom, 2-bathroom home in Barefoot Bay! Enjoy a versatile bonus room and an extra bathroom in the shed for additional convenience. New roof and whole house water filtration system. Nestled in a vibrant community with great amenities, this home is perfect for easy living. Schedule your showing today!

Key facts

• 3,920 sq ft lot
• 2 parking spots
• Community pool

Property features AI

Finance

• Other: Furnished; Residential use; Living area approximately 1,196; Lot size approximately 0.09 acres
• HOA & community: Part of an association (Barefoot Bay) with clubhouse, pickleball and tennis courts; One-time association fee of $1,605

Exterior

• Parking: Attached carport for 2 cars
• Utilities: Public sewer; Cable available and connected; Water connected
• Home design: Manufactured home; Faces south
• Construction: Frame construction; Shingle roof; Built as a manufactured home
• Exterior features: Front porch (glass enclosed); Shed(s); Asphalt road access; Lot includes other features

Interior

• Kitchen: Dishwasher; Electric oven; Electric range; Water softener (owned)
• Bedrooms: 2 bedrooms
• Flooring: Carpet
• Bathrooms: 2 full bathrooms and 1 half bathroom
• Heating & cooling: Central heating; Central air; Wall/window unit(s)
• Interior features: Built-in features; Accessible approach with ramp
• Laundry & utility: In-unit laundry; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $192k.

Deal economics

• At list price, monthly cash flow is $-11 ($-129/yr) — negative.
• To cash-flow at today's rent, offer at most $190k (1.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $169k (11.9% below list).
• Recommended offer: $169k (11.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 65/100 on livability (#633 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D, amenities F, commute 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.
• 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: 185 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); 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 $1k of loan paydown is wiped out by about $6k 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 30 days — a 2% lower offer ($189k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 5y 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; moderate wildfire risk; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $168,956 (11.9% 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. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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. 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.
6. 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.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.88% ✗
• Cap rate: 6.23%
• Cash-on-cash: -0.24%
• DSCR: 0.99
• GRM: 9.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -16.7%
• Equity multiple: 0.41×
• Total profit: $-31,709
• Equity at exit: $28,583

10-year hold

• IRR: -8.4%
• Equity multiple: 0.47×
• Total profit: $-28,336
• Equity at exit: $16,575

Cash invested: $53,676 (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 32976

• Home prices YoY: -18.6%
• Active inventory: 185
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $1,690 high
• Mortgage (P&I): −$1,005
• Tax from tax record: −$260 /mo · $3,124/yr
• Insurance: −$80
• HOA: −$0
• Vacancy / Maint / Mgmt: −$355
• Net cashflow: $-11

Break-even live

Break-even rent $1,703

Max offer price $189,805

Occupancy floor 96%

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: $47,925
• Closing costs: $5,751
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
629 W Marlin Cir Unit NA Sebastian, FL	2.0	2.0	1104	$1,400	$1.27	14d	1	0.09mi
830 Lychee Dr Sebastian, FL	2.0	2.0	1269	$2,000	$1.58	23d	1	0.37mi
909 Sequoia St Sebastian, FL	2.0	2.0	1156	$1,845	$1.60	23d	1	0.47mi
415 Plover Dr Sebastian, FL	3.0	2.0	1200	$2,400	$2.00	23d	1	0.49mi
914 Pecan Cir Sebastian, FL	2.0	1.0	1000	$1,600	$1.60	23d	1	0.69mi
7629 Chasta Rd Sebastian, FL	2.0	2.0	958	$1,600	$1.67	23d	1	0.74mi
702 Lark Dr Sebastian, FL	3.0	2.0	1296	$1,775	$1.37	23d	1	0.74mi
7606 Cedar Bark Rd Sebastian, FL	2.0	2.0	1273	$1,800	$1.41	23d	1	0.75mi
7597 Cedar Bark Rd Sebastian, FL	2.0	2.0	902	$1,700	$1.88	23d	1	0.77mi
621 Hyacinth Cir Sebastian, FL	2.0	2.0	1324	$1,850	$1.40	23d	1	0.90mi
904 Red Bud Rd Sebastian, FL	3.0	2.0	1278	$1,500	$1.17	23d	1	0.90mi
8520 US Highway 1 #10 Sebastian, FL	2.0	2.0	1091	$1,800	$1.65	23d	1	0.98mi
1207 Marigold Dr Sebastian, FL	2.0	2.0	1104	$1,500	$1.36	23d	1	1.05mi
706 Hyacinth Cir Sebastian, FL	2.0	2.0	1062	$1,750	$1.65	23d	1	1.06mi
1112 Pocatella Dr Sebastian, FL	2.0	2.0	1370	$1,900	$1.39	23d	1	1.45mi

Listing history 28 events

1. 2026-06-18
   days on market $191,700 Active 30 DOM
2. 2026-06-17
   days on market $191,700 Active 29 DOM
3. 2026-06-16
   days on market $191,700 Active 28 DOM
4. 2026-06-15
   days on market $191,700 Active 27 DOM
5. 2026-06-14
   days on market $191,700 Active 25 DOM
6. 2026-06-10
   days on market $191,700 Active 22 DOM
7. 2026-06-08
   days on market $191,700 Active 20 DOM
8. 2026-06-07
   days on market $191,700 Active 19 DOM
9. 2026-06-05
   days on market $191,700 Active 16 DOM
10. 2026-06-03
    days on market $191,700 Active 15 DOM
11. 2026-06-02
    days on market $191,700 Active 14 DOM
12. 2026-06-01
    days on market $191,700 Active 13 DOM
13. 2026-05-31
    days on market $191,700 Active 12 DOM
14. 2026-05-31
    days on market $191,700 Active 11 DOM
15. 2026-05-19
    listed $191,700 Active
16. 2026-05-19
    historical $191,700
17. 2024-10-04
    soldstatus $187,000 Closed 351-char remark

    Show marketing remark (351 chars)

    Move right into this charming, fully furnished 2-bedroom, 2-bathroom home in Barefoot Bay! Enjoy a versatile bonus room and an extra bathroom in the shed for additional convenience. New roof and whole house water filtration system. Nestled in a vibrant community with great amenities, this home is perfect for easy living. Schedule your showing today!

18. 2024-09-06
    status Pending 351-char remark

    Show marketing remark (351 chars)

    Move right into this charming, fully furnished 2-bedroom, 2-bathroom home in Barefoot Bay! Enjoy a versatile bonus room and an extra bathroom in the shed for additional convenience. New roof and whole house water filtration system. Nestled in a vibrant community with great amenities, this home is perfect for easy living. Schedule your showing today!

19. 2024-08-13
    status Active 351-char remark

    Show marketing remark (351 chars)

    Move right into this charming, fully furnished 2-bedroom, 2-bathroom home in Barefoot Bay! Enjoy a versatile bonus room and an extra bathroom in the shed for additional convenience. New roof and whole house water filtration system. Nestled in a vibrant community with great amenities, this home is perfect for easy living. Schedule your showing today!

20. 2024-07-20
    historical Active Under Contract 351-char remark

    Show marketing remark (351 chars)

    Move right into this charming, fully furnished 2-bedroom, 2-bathroom home in Barefoot Bay! Enjoy a versatile bonus room and an extra bathroom in the shed for additional convenience. New roof and whole house water filtration system. Nestled in a vibrant community with great amenities, this home is perfect for easy living. Schedule your showing today!

21. 2024-07-03
    listed $195,000 Active 351-char remark

    Show marketing remark (351 chars)

    Move right into this charming, fully furnished 2-bedroom, 2-bathroom home in Barefoot Bay! Enjoy a versatile bonus room and an extra bathroom in the shed for additional convenience. New roof and whole house water filtration system. Nestled in a vibrant community with great amenities, this home is perfect for easy living. Schedule your showing today!

22. 2024-07-02
    historical 871-char remark

    Show marketing remark (871 chars)

    Manufactured Recreational Community where you OWN your LAND: Open layout provides light, bright, airy, interior, fully furnished, unique wall clock, Pool table for entertainment, updated appliances, interior laundry room connects to GBA, laminate/Berber/vinyl flooring, raised enclosed finished drywall front porch w (ac 2021), updated light fixtures, high rise toilets, ramp access, roof 2023, Washer 2023, spacious double door utility shed with half a bath, lots of storage space, long carport covers 2 full size vehicles in addition to the single driveway, nicely landscaped vegetation surrounds the home providing beautiful curb appeal. One-time social membership fee $1498 + incorporated into annual taxes $984.05 maintenance fee. Deed Restricted Community (bbrd. org) all set up ready to go for the perfect vacation home, Home Sweet Home, or investment opportunity!

23. 2024-06-27
    listed $205,000 Active 871-char remark

    Show marketing remark (871 chars)

    Manufactured Recreational Community where you OWN your LAND: Open layout provides light, bright, airy, interior, fully furnished, unique wall clock, Pool table for entertainment, updated appliances, interior laundry room connects to GBA, laminate/Berber/vinyl flooring, raised enclosed finished drywall front porch w (ac 2021), updated light fixtures, high rise toilets, ramp access, roof 2023, Washer 2023, spacious double door utility shed with half a bath, lots of storage space, long carport covers 2 full size vehicles in addition to the single driveway, nicely landscaped vegetation surrounds the home providing beautiful curb appeal. One-time social membership fee $1498 + incorporated into annual taxes $984.05 maintenance fee. Deed Restricted Community (bbrd. org) all set up ready to go for the perfect vacation home, Home Sweet Home, or investment opportunity!

24. 2021-07-20
    soldstatus $165,000
25. 2021-07-13
    soldstatus $165,000 Closed
26. 2021-06-04
    historical Backups
27. 2021-05-17
    listed $179,900 Active
28. 1994-02-02
    soldstatus $53,500

ⓘ 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: $3,124 · $260/mo
• Projected year-2 tax: $3,124 · $260/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 5/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥105°F today · 24 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: $20,275
• − Mortgage interest: −$10,738
• − Property taxes: −$3,124
• − Insurance: −$958
• − Repairs & maintenance: −$1,622
• − Management: −$1,622
• − Depreciation: −$5,577
• Taxable loss: −$3,366
• Est. tax savings @ 24.0%: +$808
• After-tax cash flow: $679/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 — Micco

• Score: 65/100
• State rank: #633
• US rank: #12408

Category grades

Amenities F Commute F Cost of living A+ Crime B- Employment D Housing A+ Health & safety D- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Micco, FL
• Population (ZIP): 9,237

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: Predominantly White (93%)
• Race & ethnicity: White 93% Hispanic / Latino 4% Two or more races 1% Asian 1%
• Common ancestry: Lithuanian 5% Romanian 4% Iranian 2%
• Foreign-born: 4% · Canada, Jamaica
• Languages at home: 95% English-only · Spanish 3%

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: ▼ -73.57%
• Current HPI: 321.5196
• Rent YoY: —
• Metro: —
• 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

+258.3% since first listed

14 events — show timeline

• 2026-05-19 Listed $191,700 SCMLS
• 2026-05-19 Coming Soon $191,700 SCMLS
• 2024-10-04 Sold (MLS) $187,000 SCMLS
• 2024-09-06 Pending — SCMLS
• 2024-08-13 Relisted — SCMLS
• 2024-07-20 Contingent — SCMLS
• 2024-07-03 Listed $195,000 SCMLS
• 2024-07-02 Listing Removed — SCMLS
• 2024-06-27 Listed $205,000 SCMLS
• 2021-07-20 Sold (Public Records) $165,000 Public Records
• 2021-07-13 Sold (MLS) $165,000 SCMLS
• 2021-06-04 Contingent — SCMLS
• 2021-05-17 Listed $179,900 SCMLS
• 1994-02-02 Sold (Public Records) $53,500 Public Records

Property tax history

+20.4%/yr

Latest (2025): $3,124 · +23.2% YoY. Source: county tax records.