3830 Jupiter Blvd SE · Palm Bay, FL 32909

$354,999

4 bd · 3.0 ba · 2,015 sqft · SingleFamily public records · 150 Days on market

Built 2005 10,018 sqft lot

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Why this score? — see what drove the D grade

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

• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Cash flow +6.9/30.0
• Schools +4.7/10.0
• Livability +3.6/5.0
• Rent growth +3.4/5.0
• Condition / age +2.5/5.0
• 1% rule +1.7/10.0
• DSCR +1.1/10.0

Listing remarks MLS

Welcome to this well-maintained 4-bedroom, 3-bathroom home located in SE Palm Bay. This property features a new roof fully installed in 2024 and a new HVAC system, offering peace of mind for years to come. Inside, you'll find updated kitchen and bathrooms, providing a modern and functional feel throughout. The open living and dining areas are filled with natural light, creating an inviting atmosphere for everyday living and entertaining. Bedrooms are generously sized, including a primary suite with a private bathroom. Enjoy the spacious outdoor area with room to relax, entertain, or customize to your needs. Conveniently located near shopping, dining, schools, and major roadways, this home offers both comfort and accessibility. Schedule your private showing today.

Key facts

• Updated bathrooms
• Updated kitchen
• New roof

Tags

• NEW ROOF
• NEW HVAC SYSTEM
• UPDATED KITCHEN
• UPDATED BATHROOMS
• OPEN LIVING AND DINING AREAS
• SPACIOUS OUTDOOR AREA

Property features AI

Finance

• Other: Property type: Residential, Single Family Residence; Total living area about 2,015 square feet (public records); Building area listed as 2,428 square feet
• HOA & community: No association indicated; No association approval required

Exterior

• Parking: 2-car garage
• Utilities: Public water; No sewer (listed as none); Cable available; Electricity available and connected; Fiber optics available; Fire hydrant nearby; Phone available; Water available and connected
• Home design: Single family residence; One story; North facing; Residential zoning (RS1); Homesteaded
• Construction: Block and stucco construction; Shingle roof; Block foundation; Built on a 0.23-acre lot
• Exterior features: Fire pit; Rain gutters; Sidewalk; Sliding doors; Asphalt road access

Interior

• Kitchen: Convection oven; Dishwasher; Disposal; Exhaust fan; Freezer; Ice maker; Microwave; Refrigerator
• Bedrooms: 4 bedrooms
• Flooring: Tile flooring
• Bathrooms: 3 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; High ceilings; Open floor plan; Solid surface counters; Solid wood cabinets; Stone counters; Walk-in closets
• Laundry & utility: Laundry room with washer and dryer hookups; Washer hookup; Electric dryer hookup; Laundry area inside and in garage

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $355k.

Deal economics

• At list price, monthly cash flow is $-660 ($-8k/yr) — negative.
• To cash-flow at today's rent, offer at most $238k (32.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $236k (33.5% below list).
• Recommended offer: $236k (33.5% 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; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 4,602 units permitted in Brevard County in 2024 (702 in 5+ unit buildings).
• This rent runs 35% of the median local income ($80k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $38k of equity ($2k loan paydown + $36k 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 ~$61k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 150 days — a 12% lower offer ($312k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 18y 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: flood insurance adds $125/mo.
• Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $236,117 (33.5% 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. It's been on market 150 days. Have you received any prior offers? Is the seller open to a 33% concession, seller financing, or rate buy-down credit?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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: 0.67% ✗
• Cap rate: 4.48%
• Cash-on-cash: -6.46%
• DSCR: 0.71
• GRM: 12.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.67% rent growth · sell at horizon

5-year hold

• IRR: 18.8%
• Equity multiple: 2.54×
• Total profit: $152,973
• Equity at exit: $319,811

10-year hold

• IRR: 17.6%
• Equity multiple: 5.90×
• Total profit: $487,050
• Equity at exit: $689,685

Cash invested: $99,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32909

• Home prices YoY: 6.0%
• Rents YoY: 3.7%
• Active inventory: 1111
• Price-to-rent: 12.5×

Monthly cashflow live

• Estimated rent: $2,361 high
• Mortgage (P&I): −$1,862
• Tax from tax record: −$391 /mo · $4,690/yr
• Insurance: −$148
• Flood insurance flood zone: −$125 /mo · $1,502/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$496
• Net cashflow: $-660

Break-even live

Break-even rent $3,197

Max offer price $238,364

Occupancy floor —

Sensitivity live

Price	-10% $-459	-5% $-560	+0% $-660	+5% $-761	+10% $-861
Rent	-10% $-847	-5% $-754	+0% $-660	+5% $-567	+10% $-474
Rate	-1.0pp $-481	-0.5pp $-570	base $-660	+0.5pp $-752	+1.0pp $-846

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: $88,750
• Closing costs: $10,650
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
907 Algardi St SE Palm Bay, FL	4.0	2.0	1943	$2,330	$1.20	24d	1	0.44mi
721 Taluga Ave SE Palm Bay, FL	3.0	2.0	1556	$1,800	$1.16	24d	1	0.49mi
885 Talmadge Ave SE Palm Bay, FL	3.0	2.0	1787	$2,300	$1.29	21d	1	0.65mi
1255 Wadsworth St SE Unit 1255 Palm Bay, FL	3.0	3.0	1747	$2,350	$1.35	19d	1	1.10mi
194 Holiday Park Blvd NE Palm Bay, FL	3.0	2.0	1404	$1,695	$1.21	24d	1	1.22mi
1210 Vandalia Ave SE Palm Bay, FL	4.0	2.0	1833	$2,050	$1.12	14d	1	1.31mi
490 Hatcher St SE Palm Bay, FL	4.0	2.0	1833	$2,150	$1.17	21d	1	1.31mi
647 Airoso Rd SE Palm Bay, FL	4.0	3.0	2365	$2,900	$1.23	14d	1	1.41mi
272 Aquarius Ave SE Palm Bay, FL	4.0	2.0	1650	$1,995	$1.21	24d	1	1.46mi
334 Bordeaux Ave NE Palm Bay, FL	4.0	2.0	2083	$2,250	$1.08	14d	1	1.46mi
1129 Colonial Ave SE Palm Bay, FL	4.0	3.0	2008	$2,500	$1.25	19d	1	1.48mi

Listing history 31 events

1. 2026-06-18
   days on market $354,999 Active 150 DOM
2. 2026-06-17
   days on market $354,999 Active 149 DOM
3. 2026-06-16
   days on market $354,999 Active 148 DOM
4. 2026-06-15
   days on market $354,999 Active 147 DOM
5. 2026-06-14
   days on market $354,999 Active 145 DOM
6. 2026-06-10
   days on market $354,999 Active 142 DOM
7. 2026-06-08
   days on market $354,999 Active 140 DOM
8. 2026-06-07
   days on market $354,999 Active 139 DOM
9. 2026-06-05
   days on market $354,999 Active 136 DOM
10. 2026-06-03
    days on market $354,999 Active 135 DOM
11. 2026-06-02
    days on market $354,999 Active 134 DOM
12. 2026-06-01
    days on market $354,999 Active 133 DOM
13. 2026-05-31
    days on market $354,999 Active 132 DOM
14. 2026-05-31
    days on market $354,999 Active 131 DOM
15. 2026-02-28
    listed $354,999 Active 773-char remark

    Show marketing remark (773 chars)

    Welcome to this well-maintained 4-bedroom, 3-bathroom home located in SE Palm Bay. This property features a new roof fully installed in 2024 and a new HVAC system, offering peace of mind for years to come. Inside, you'll find updated kitchen and bathrooms, providing a modern and functional feel throughout. The open living and dining areas are filled with natural light, creating an inviting atmosphere for everyday living and entertaining. Bedrooms are generously sized, including a primary suite with a private bathroom. Enjoy the spacious outdoor area with room to relax, entertain, or customize to your needs. Conveniently located near shopping, dining, schools, and major roadways, this home offers both comfort and accessibility. Schedule your private showing today.

16. 2026-02-25
    price $354,999
17. 2026-01-19
    listed $359,999 Active
18. 2021-10-07
    soldstatus $317,000 Closed 795-char remark

    Show marketing remark (795 chars)

    This gorgeous 4 bed, 3 bath, city water/sewer home is a MUST SEE! You can get the option to purchase this home as a double lot. Adjacent lot is being sold separately by owner, MLS 911565. This beautiful home features brand new upgraded flooring on the entire interior, new upgraded granite kitchen countertops, upgraded lighting and window treatments. brand new upgraded bathroom vanity, high cathedral ceiling and built in wall features. House also boasts a private well for your gardening needs and a spacious backyard that backs up to a nature preserve for added privacy. House is also fully fenced and is located in the highly desirable Unit 9 area. Street has paved sidewalks for safe, leisurely walk and play. Close to major shopping areas, I-95 and schools. Don't miss this AWESOME deal!

19. 2021-09-05
    historical Contingent 795-char remark

    Show marketing remark (795 chars)

    This gorgeous 4 bed, 3 bath, city water/sewer home is a MUST SEE! You can get the option to purchase this home as a double lot. Adjacent lot is being sold separately by owner, MLS 911565. This beautiful home features brand new upgraded flooring on the entire interior, new upgraded granite kitchen countertops, upgraded lighting and window treatments. brand new upgraded bathroom vanity, high cathedral ceiling and built in wall features. House also boasts a private well for your gardening needs and a spacious backyard that backs up to a nature preserve for added privacy. House is also fully fenced and is located in the highly desirable Unit 9 area. Street has paved sidewalks for safe, leisurely walk and play. Close to major shopping areas, I-95 and schools. Don't miss this AWESOME deal!

20. 2021-09-01
    status Active 795-char remark

    Show marketing remark (795 chars)

    This gorgeous 4 bed, 3 bath, city water/sewer home is a MUST SEE! You can get the option to purchase this home as a double lot. Adjacent lot is being sold separately by owner, MLS 911565. This beautiful home features brand new upgraded flooring on the entire interior, new upgraded granite kitchen countertops, upgraded lighting and window treatments. brand new upgraded bathroom vanity, high cathedral ceiling and built in wall features. House also boasts a private well for your gardening needs and a spacious backyard that backs up to a nature preserve for added privacy. House is also fully fenced and is located in the highly desirable Unit 9 area. Street has paved sidewalks for safe, leisurely walk and play. Close to major shopping areas, I-95 and schools. Don't miss this AWESOME deal!

21. 2021-08-06
    historical Contingent 795-char remark

    Show marketing remark (795 chars)

    This gorgeous 4 bed, 3 bath, city water/sewer home is a MUST SEE! You can get the option to purchase this home as a double lot. Adjacent lot is being sold separately by owner, MLS 911565. This beautiful home features brand new upgraded flooring on the entire interior, new upgraded granite kitchen countertops, upgraded lighting and window treatments. brand new upgraded bathroom vanity, high cathedral ceiling and built in wall features. House also boasts a private well for your gardening needs and a spacious backyard that backs up to a nature preserve for added privacy. House is also fully fenced and is located in the highly desirable Unit 9 area. Street has paved sidewalks for safe, leisurely walk and play. Close to major shopping areas, I-95 and schools. Don't miss this AWESOME deal!

22. 2021-08-03
    status Active 795-char remark

    Show marketing remark (795 chars)

    This gorgeous 4 bed, 3 bath, city water/sewer home is a MUST SEE! You can get the option to purchase this home as a double lot. Adjacent lot is being sold separately by owner, MLS 911565. This beautiful home features brand new upgraded flooring on the entire interior, new upgraded granite kitchen countertops, upgraded lighting and window treatments. brand new upgraded bathroom vanity, high cathedral ceiling and built in wall features. House also boasts a private well for your gardening needs and a spacious backyard that backs up to a nature preserve for added privacy. House is also fully fenced and is located in the highly desirable Unit 9 area. Street has paved sidewalks for safe, leisurely walk and play. Close to major shopping areas, I-95 and schools. Don't miss this AWESOME deal!

23. 2021-08-02
    historical Contingent 795-char remark

    Show marketing remark (795 chars)

    This gorgeous 4 bed, 3 bath, city water/sewer home is a MUST SEE! You can get the option to purchase this home as a double lot. Adjacent lot is being sold separately by owner, MLS 911565. This beautiful home features brand new upgraded flooring on the entire interior, new upgraded granite kitchen countertops, upgraded lighting and window treatments. brand new upgraded bathroom vanity, high cathedral ceiling and built in wall features. House also boasts a private well for your gardening needs and a spacious backyard that backs up to a nature preserve for added privacy. House is also fully fenced and is located in the highly desirable Unit 9 area. Street has paved sidewalks for safe, leisurely walk and play. Close to major shopping areas, I-95 and schools. Don't miss this AWESOME deal!

24. 2021-07-26
    listed $312,990 Active 795-char remark

    Show marketing remark (795 chars)

    This gorgeous 4 bed, 3 bath, city water/sewer home is a MUST SEE! You can get the option to purchase this home as a double lot. Adjacent lot is being sold separately by owner, MLS 911565. This beautiful home features brand new upgraded flooring on the entire interior, new upgraded granite kitchen countertops, upgraded lighting and window treatments. brand new upgraded bathroom vanity, high cathedral ceiling and built in wall features. House also boasts a private well for your gardening needs and a spacious backyard that backs up to a nature preserve for added privacy. House is also fully fenced and is located in the highly desirable Unit 9 area. Street has paved sidewalks for safe, leisurely walk and play. Close to major shopping areas, I-95 and schools. Don't miss this AWESOME deal!

25. 2021-06-09
    soldstatus $224,900 Closed
26. 2021-05-10
    historical Contingent
27. 2021-04-27
    status Active
28. 2021-04-27
    historical
29. 2021-04-26
    listed $224,900 Active
30. 2008-11-21
    soldstatus $135,000
31. 2008-09-06
    listed $144,500

ⓘ 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: $4,690 · $391/mo
• Projected year-2 tax: $4,690 · $391/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 4/10 Moderate FEMA zone A · 22% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 9/10 Extreme 6 d/yr ≥106°F today · 16 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,334
• − Mortgage interest: −$19,885
• − Property taxes: −$4,690
• − Insurance: −$3,277
• − Repairs & maintenance: −$2,267
• − Management: −$2,267
• − Depreciation: −$10,327
• Taxable loss: −$14,379
• Est. tax savings @ 24.0%: +$3,451
• After-tax cash flow: $-4,472/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Brevard
• NCES district ID: 1200150
• Math proficiency: 53% ▼ -9.00%
• Reading proficiency: 57% ▼ -4.00%
• Median HH income: $49,426
• Composite: 46.86/100
• National rank: #2370
• State rank: #19 of 73 in FL

Livability — Palm Bay

• Score: 72/100
• State rank: #366
• US rank: #6458

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Palm Bay, FL
• County: Brevard County · 602,871 people
• City population: 132,211
• Metro: Palm Bay-Melbourne-Titusville, FL
• Population (ZIP): 41,804
• Household income: $79,977
• Rent vs Own: 17.3% rent · 82.7% own
• Severe rent burden: 697.0

Population outlook (Brevard County) Hauer SSP2

• Today (2025): 623,254 people
• By 2030: 648,420 · +4.0%
• By 2040: 690,009 · +10.7%
• By 2050: 715,669 · +14.8%
• By 2075: 775,744 · +24.5%
• By 2100: 776,687 · +24.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.70)
• Race & ethnicity: White 46% Black 21% Hispanic / Latino 20% Two or more races 16% Asian 4%
• Hispanic origin (detail): Mexican 2% Puerto Rican 8% Cuban 5%
• Common ancestry: Hispanic 3% Slovak 2% Lithuanian 2%
• Foreign-born: 17% · Canada, China, Jamaica
• Languages at home: 84% English-only · Spanish 9% French/Haitian/Cajun 4% Chinese 1%

Political lean MEDSL · Brevard

• 2024 margin: Strong R (+20.8) · D 39.1% · R 59.9% · Other 1.0%
• 2008→2024 swing: -10.4pp toward R · 2008: -10.4pp · 2024: -20.8pp
• All cycles: 2024: R+20.8 2020: R+16.4 2016: R+19.8 2012: R+12.7 2008: R+10.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 18.81%
• Current HPI: 330.8595
• Rent YoY: ▲ 3.67%
• Metro: Palm Bay-Melbourne-Titusville, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+145.7% since first listed

17 events — show timeline

• 2026-02-28 Listed $354,999 SCMLS
• 2026-02-25 Price Changed $354,999 Stellar MLS as Distributed by MLS Grid
• 2026-01-19 Listed $359,999 Stellar MLS as Distributed by MLS Grid
• 2021-10-07 Sold (MLS) $317,000 SCMLS
• 2021-09-05 Contingent — SCMLS
• 2021-09-01 Relisted — SCMLS
• 2021-08-06 Contingent — SCMLS
• 2021-08-03 Relisted — SCMLS
• 2021-08-02 Contingent — SCMLS
• 2021-07-26 Listed $312,990 SCMLS
• 2021-06-09 Sold (MLS) $224,900 SCMLS
• 2021-05-10 Contingent — SCMLS
• 2021-04-27 Relisted — SCMLS
• 2021-04-27 Listing Removed — SCMLS
• 2021-04-26 Listed $224,900 SCMLS
• 2008-11-21 Sold (MLS) $135,000 SCMLS
• 2008-09-06 Listed $144,500 SCMLS

Property tax history

+6.4%/yr

Latest (2025): $4,690 · +2.4% YoY. Source: county tax records.