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3250 San Jose Ave SE
D- Composite 37.87
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 +5.3/30.0
  • Schools +4.7/10.0
  • Livability +3.6/5.0
  • Rent growth +3.4/5.0
  • Condition / age +2.5/5.0
  • 1% rule +0.9/10.0
  • DSCR +0.0/10.0

$399,999

3250 San Jose Ave SE · Palm Bay, FL 32909
3 bd · 2.0 ba · 1,925 sqft · Land · 207 Days on market
Built 2025 10,019 sqft lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to this stunning new 1,925 sq ft single-story home in SW Palm Bay! Enjoy peace of mind with impact windows, a metal roof, and vinyl flooring throughout—no carpet at all. The open floor plan seamlessly blends the living, dining, and kitchen areas, perfect for entertaining or everyday living. The kitchen features granite countertops, stylish cabinetry, and stainless steel appliances including a range, microwave hood, and dishwasher. The spacious primary suite offers a walk-in closet, dual vanity sinks, and a private bathroom. Two additional 12x12 bedrooms provide ample space for family or guests, along with a second modern bathroom. A whole-home water softener system is also included for added comfort. Conveniently located just minutes from I-95 and less than 5 minutes from the brand-new Publix, this move-in-ready home offers the best of modern living in a growing neighborhood. Don't miss your chance to make it yours! Welcome to this stunning new construction home nestled in the highly desirable SW Palm Bay community. Boasting 1,925 square feet of modern, single-story living, this beautifully designed home offers a blend of comfort, functionality, and style. Built to last, it features impact-resistant windows, a sleek and durable metal roof, and luxury vinyl flooring throughout absolutely no carpet to worry about. Step inside and enjoy the spacious open-concept layout that effortlessly connects the living room, dining area, and kitchen ideal for entertaining or simply enjoying everyday life. The gourmet kitchen is equipped with gorgeous cabinetry, granite countertops, and stainless steel appliances including a range, microwave hood, and dishwasher. The private primary suite is a true retreat, complete with a walk-in closet, dual vanity sinks, and a spa-like bathroom. Two additional 12x12 bedrooms offer flexible space for guests, children, or a home office, while the second full bathroom provides modern finishes and convenience. Additional highlights include a whole-home water softener system, energy-efficient features, and a prime location just minutes from I-95 and under five minutes from the brand-new Publix. Experience peaceful living with easy access to everything you need. Don't miss your chance to make this move-in-ready dream home yours in one of Palm Bay's fastest-growing areas.

Key facts

  • Stylish cabinetry
  • Open floor plan
  • Metal roof

Tags

IMPACT WINDOWSMETAL ROOFVINYL FLOORINGOPEN FLOOR PLANGRANITE COUNTERTOPSSTYLISH CABINETRY

Property features AI

Exterior

  • Parking: 2-car garage with garage door opener
  • Utilities: Septic tank; Other utilities
  • Home design: Single family residence; New construction; Faces east
  • Construction: Block, concrete and stucco construction; Metal roof
  • Exterior features: Impact windows; Covered rear porch; Porch

Interior

  • Kitchen: Dishwasher; Microwave; Refrigerator
  • Bedrooms: 3 bedrooms, all on the main level; Master bedroom on the main level
  • Flooring: Vinyl flooring
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating (electric); Central air conditioning (electric)
  • Interior features: Total of 6 rooms; Foyer; Family room (large open area)
  • Laundry & utility: Unfurnished (unit information indicates unfurnished)

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 land listed at $400k.

Deal economics

  • At list price, monthly cash flow is $-896 ($-11k/yr) — negative.
  • To cash-flow at today's rent, offer at most $270k (32.4% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $236k (40.9% below list).
  • Recommended offer: $236k (40.9% 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: 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: 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: Rents rising (+3.7%/yr); 1111 active listings in the ZIP; 20 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 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 $43k of equity ($3k loan paydown + $40k 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 ~$69k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 207 days — a 12% lower offer ($352k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 22y ago; this cycle's ask has dropped $50k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $29k; list at $400k implies a 1279% 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; major wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $236,477 (40.9% 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. It's been on market 207 days. Have you received any prior offers? Is the seller open to a 41% concession, seller financing, or rate buy-down credit?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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.
  7. 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.
  8. 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
0.59%
Cap rate
3.60%
Cash-on-cash
-9.60%
DSCR
0.57
GRM
14.1

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
17.7%
Equity multiple
2.45×
Total profit
$162,415
Equity at exit
$360,351
10-year hold
IRR
16.7%
Equity multiple
5.70×
Total profit
$526,587
Equity at exit
$777,110

Cash invested: $112,000 (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
14.1×

Monthly cashflow live

Estimated rent
$2,365 high interval (Pro) →
Mortgage (P&I)
$2,098
Tax est. 1.5%
$500 /mo · $6,000/yr
Insurance
$167
HOA
$0
Vacancy / Maint / Mgmt
$497
Net cashflow
$-896

Break-even live

Break-even rent $3,499
Max offer price $270,327
Occupancy floor

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
$100,000
Closing costs
$12,000
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 20 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1453 Santa Anna St SE Palm Bay, FL 3.0 2.0 1994 $2,500 $1.25 14d 1 0.20mi
1496 Dittmer Cir SE Palm Bay, FL 4.0 2.0 2187 $2,440 $1.12 14d 1 0.36mi
1783 Dittmer Cir SE Palm Bay, FL 4.0 2.0 2207 $2,100 $0.95 23d 1 0.40mi
3517 Rixford Way SE Palm Bay, FL 4.0 3.0 2562 $2,800 $1.09 23d 1 0.56mi
3004 Suntan Ct SE Palm Bay, FL 4.0 2.0 2388 $2,900 $1.21 23d 1 0.57mi
2073 Farmhouse Rd SE Palm Bay, FL 4.0 2.0 1830 $2,133 $1.17 23d 1 0.60mi
1843 Middlebury Dr SE Palm Bay, FL 4.0 2.0 1822 $2,200 $1.21 23d 1 0.60mi
1884 Middlebury Dr SE Palm Bay, FL 3.0 2.0 1761 $2,000 $1.14 23d 1 0.63mi
2183 Farmhouse Rd SE Palm Bay, FL 3.0 2.0 1676 $2,000 $1.19 23d 1 0.68mi
1063 Grantham Ln SE Palm Bay, FL 3.0 2.0 1515 $2,000 $1.32 23d 1 0.71mi
1213 Waterford St SE Palm Bay, FL 4.0 2.0 1695 $2,000 $1.18 23d 1 0.74mi
1046 Grantham Ln SE Palm Bay, FL 4.0 2.5 2405 $3,100 $1.29 23d 1 0.75mi
1434 Garabaldi Cir SE Palm Bay, FL 4.0 2.0 1600 $2,000 $1.25 13d 1 0.79mi
1394 Garabaldi Cir SE Palm Bay, FL 4.0 2.0 1876 $2,500 $1.33 19d 1 0.81mi
3636 Aberdeen Dr SE Palm Bay, FL 4.0 2.0 1830 $2,295 $1.25 19d 1 0.86mi
2877 Palisades Dr SE Palm Bay, FL 3.0 2.0 1974 $2,150 $1.09 19d 1 0.86mi
925 Dugan Cir SE Palm Bay, FL 4.0 2.0 1830 $2,295 $1.25 13d 1 0.95mi
1566 Criswell Ln SE Palm Bay, FL 4.0 2.0 2046 $2,400 $1.17 23d 1 0.97mi
1198 Venus St SE Palm Bay, FL 3.0 2.0 1535 $1,961 $1.28 21d 1 1.29mi
820 Tedder Rd SE Palm Bay, FL 3.0 2.0 1808 $2,000 $1.11 23d 1 1.44mi

Listing history 42 events

  1. 2026-06-18
    days on market $399,999 Active 207 DOM
  2. 2026-06-17
    days on market $399,999 Active 206 DOM
  3. 2026-06-16
    days on market $399,999 Active 205 DOM
  4. 2026-06-15
    days on market $399,999 Active 204 DOM
  5. 2026-06-14
    days on market $399,999 Active 202 DOM
  6. 2026-06-10
    days on market $399,999 Active 199 DOM
  7. 2026-06-08
    days on market $399,999 Active 197 DOM
  8. 2026-06-07
    days on market $399,999 Active 196 DOM
  9. 2026-06-05
    days on market $399,999 Active 193 DOM
  10. 2026-06-03
    days on market $399,999 Active 192 DOM
  11. 2026-06-02
    days on market $399,999 Active 191 DOM
  12. 2026-06-01
    days on market $399,999 Active 190 DOM
  13. 2026-05-31
    days on market $399,999 Active 189 DOM
  14. 2026-05-31
    days on market $399,999 Active 188 DOM
  15. 2026-04-24
    price $399,999
  16. 2026-04-24
    price $410,000
  17. 2026-03-20
    price $420,000
  18. 2026-02-26
    price $425,000
  19. 2025-11-23
    listed $450,000 Active
  20. 2025-08-05
    historical 2339-char remark
    Show marketing remark (2339 chars)

    Welcome to this stunning new 1,925 sq ft single-story home in SW Palm Bay! Enjoy peace of mind with impact windows, a metal roof, and vinyl flooring throughout—no carpet at all. The open floor plan seamlessly blends the living, dining, and kitchen areas, perfect for entertaining or everyday living. The kitchen features granite countertops, stylish cabinetry, and stainless steel appliances including a range, microwave hood, and dishwasher. The spacious primary suite offers a walk-in closet, dual vanity sinks, and a private bathroom. Two additional 12x12 bedrooms provide ample space for family or guests, along with a second modern bathroom. A whole-home water softener system is also included for added comfort. Conveniently located just minutes from I-95 and less than 5 minutes from the brand-new Publix, this move-in-ready home offers the best of modern living in a growing neighborhood. Don't miss your chance to make it yours! Welcome to this stunning new construction home nestled in the highly desirable SW Palm Bay community. Boasting 1,925 square feet of modern, single-story living, this beautifully designed home offers a blend of comfort, functionality, and style. Built to last, it features impact-resistant windows, a sleek and durable metal roof, and luxury vinyl flooring throughout absolutely no carpet to worry about. Step inside and enjoy the spacious open-concept layout that effortlessly connects the living room, dining area, and kitchen ideal for entertaining or simply enjoying everyday life. The gourmet kitchen is equipped with gorgeous cabinetry, granite countertops, and stainless steel appliances including a range, microwave hood, and dishwasher. The private primary suite is a true retreat, complete with a walk-in closet, dual vanity sinks, and a spa-like bathroom. Two additional 12x12 bedrooms offer flexible space for guests, children, or a home office, while the second full bathroom provides modern finishes and convenience. Additional highlights include a whole-home water softener system, energy-efficient features, and a prime location just minutes from I-95 and under five minutes from the brand-new Publix. Experience peaceful living with easy access to everything you need. Don't miss your chance to make this move-in-ready dream home yours in one of Palm Bay's fastest-growing areas.

  21. 2025-06-25
    price $440,000 2339-char remark
    Show marketing remark (2339 chars)

    Welcome to this stunning new 1,925 sq ft single-story home in SW Palm Bay! Enjoy peace of mind with impact windows, a metal roof, and vinyl flooring throughout—no carpet at all. The open floor plan seamlessly blends the living, dining, and kitchen areas, perfect for entertaining or everyday living. The kitchen features granite countertops, stylish cabinetry, and stainless steel appliances including a range, microwave hood, and dishwasher. The spacious primary suite offers a walk-in closet, dual vanity sinks, and a private bathroom. Two additional 12x12 bedrooms provide ample space for family or guests, along with a second modern bathroom. A whole-home water softener system is also included for added comfort. Conveniently located just minutes from I-95 and less than 5 minutes from the brand-new Publix, this move-in-ready home offers the best of modern living in a growing neighborhood. Don't miss your chance to make it yours! Welcome to this stunning new construction home nestled in the highly desirable SW Palm Bay community. Boasting 1,925 square feet of modern, single-story living, this beautifully designed home offers a blend of comfort, functionality, and style. Built to last, it features impact-resistant windows, a sleek and durable metal roof, and luxury vinyl flooring throughout absolutely no carpet to worry about. Step inside and enjoy the spacious open-concept layout that effortlessly connects the living room, dining area, and kitchen ideal for entertaining or simply enjoying everyday life. The gourmet kitchen is equipped with gorgeous cabinetry, granite countertops, and stainless steel appliances including a range, microwave hood, and dishwasher. The private primary suite is a true retreat, complete with a walk-in closet, dual vanity sinks, and a spa-like bathroom. Two additional 12x12 bedrooms offer flexible space for guests, children, or a home office, while the second full bathroom provides modern finishes and convenience. Additional highlights include a whole-home water softener system, energy-efficient features, and a prime location just minutes from I-95 and under five minutes from the brand-new Publix. Experience peaceful living with easy access to everything you need. Don't miss your chance to make this move-in-ready dream home yours in one of Palm Bay's fastest-growing areas.

  22. 2024-09-23
    listed $499,000 Active 2339-char remark
    Show marketing remark (2339 chars)

    Welcome to this stunning new 1,925 sq ft single-story home in SW Palm Bay! Enjoy peace of mind with impact windows, a metal roof, and vinyl flooring throughout—no carpet at all. The open floor plan seamlessly blends the living, dining, and kitchen areas, perfect for entertaining or everyday living. The kitchen features granite countertops, stylish cabinetry, and stainless steel appliances including a range, microwave hood, and dishwasher. The spacious primary suite offers a walk-in closet, dual vanity sinks, and a private bathroom. Two additional 12x12 bedrooms provide ample space for family or guests, along with a second modern bathroom. A whole-home water softener system is also included for added comfort. Conveniently located just minutes from I-95 and less than 5 minutes from the brand-new Publix, this move-in-ready home offers the best of modern living in a growing neighborhood. Don't miss your chance to make it yours! Welcome to this stunning new construction home nestled in the highly desirable SW Palm Bay community. Boasting 1,925 square feet of modern, single-story living, this beautifully designed home offers a blend of comfort, functionality, and style. Built to last, it features impact-resistant windows, a sleek and durable metal roof, and luxury vinyl flooring throughout absolutely no carpet to worry about. Step inside and enjoy the spacious open-concept layout that effortlessly connects the living room, dining area, and kitchen ideal for entertaining or simply enjoying everyday life. The gourmet kitchen is equipped with gorgeous cabinetry, granite countertops, and stainless steel appliances including a range, microwave hood, and dishwasher. The private primary suite is a true retreat, complete with a walk-in closet, dual vanity sinks, and a spa-like bathroom. Two additional 12x12 bedrooms offer flexible space for guests, children, or a home office, while the second full bathroom provides modern finishes and convenience. Additional highlights include a whole-home water softener system, energy-efficient features, and a prime location just minutes from I-95 and under five minutes from the brand-new Publix. Experience peaceful living with easy access to everything you need. Don't miss your chance to make this move-in-ready dream home yours in one of Palm Bay's fastest-growing areas.

  23. 2022-12-19
    soldstatus $29,000
  24. 2022-12-14
    soldstatus $29,000 Closed 297-char remark
    Show marketing remark (297 chars)

    Ready for your new home!! Buildable lot backs up to drainage canal for extra privacy. Located in growing area of SE Palm Bay, minutes from new I-95 exit for quick commuting. Area of newer homes with many amenities for this area to be built in the near future. Get it today before the prices go up!

  25. 2022-11-01
    historical Contingent 297-char remark
    Show marketing remark (297 chars)

    Ready for your new home!! Buildable lot backs up to drainage canal for extra privacy. Located in growing area of SE Palm Bay, minutes from new I-95 exit for quick commuting. Area of newer homes with many amenities for this area to be built in the near future. Get it today before the prices go up!

  26. 2022-10-06
    price $31,000 297-char remark
    Show marketing remark (297 chars)

    Ready for your new home!! Buildable lot backs up to drainage canal for extra privacy. Located in growing area of SE Palm Bay, minutes from new I-95 exit for quick commuting. Area of newer homes with many amenities for this area to be built in the near future. Get it today before the prices go up!

  27. 2022-08-30
    price $32,500 297-char remark
    Show marketing remark (297 chars)

    Ready for your new home!! Buildable lot backs up to drainage canal for extra privacy. Located in growing area of SE Palm Bay, minutes from new I-95 exit for quick commuting. Area of newer homes with many amenities for this area to be built in the near future. Get it today before the prices go up!

  28. 2022-08-01
    price $34,400 297-char remark
    Show marketing remark (297 chars)

    Ready for your new home!! Buildable lot backs up to drainage canal for extra privacy. Located in growing area of SE Palm Bay, minutes from new I-95 exit for quick commuting. Area of newer homes with many amenities for this area to be built in the near future. Get it today before the prices go up!

  29. 2022-07-01
    price $39,500 297-char remark
    Show marketing remark (297 chars)

    Ready for your new home!! Buildable lot backs up to drainage canal for extra privacy. Located in growing area of SE Palm Bay, minutes from new I-95 exit for quick commuting. Area of newer homes with many amenities for this area to be built in the near future. Get it today before the prices go up!

  30. 2022-05-04
    price $40,000 297-char remark
    Show marketing remark (297 chars)

    Ready for your new home!! Buildable lot backs up to drainage canal for extra privacy. Located in growing area of SE Palm Bay, minutes from new I-95 exit for quick commuting. Area of newer homes with many amenities for this area to be built in the near future. Get it today before the prices go up!

  31. 2021-07-12
    price $34,900 297-char remark
    Show marketing remark (297 chars)

    Ready for your new home!! Buildable lot backs up to drainage canal for extra privacy. Located in growing area of SE Palm Bay, minutes from new I-95 exit for quick commuting. Area of newer homes with many amenities for this area to be built in the near future. Get it today before the prices go up!

  32. 2021-06-22
    price $39,900 297-char remark
    Show marketing remark (297 chars)

    Ready for your new home!! Buildable lot backs up to drainage canal for extra privacy. Located in growing area of SE Palm Bay, minutes from new I-95 exit for quick commuting. Area of newer homes with many amenities for this area to be built in the near future. Get it today before the prices go up!

  33. 2021-06-13
    listed $49,900 Active 297-char remark
    Show marketing remark (297 chars)

    Ready for your new home!! Buildable lot backs up to drainage canal for extra privacy. Located in growing area of SE Palm Bay, minutes from new I-95 exit for quick commuting. Area of newer homes with many amenities for this area to be built in the near future. Get it today before the prices go up!

  34. 2020-03-09
    soldstatus $7,000
  35. 2020-03-05
    soldstatus $7,000 Closed
  36. 2020-02-25
    historical Contingent
  37. 2020-02-20
    listed $8,000 Active
  38. 2016-08-16
    historical
  39. 2006-11-01
    listed $34,500
  40. 2005-02-08
    soldstatus $37,000
  41. 2005-01-19
    soldstatus $37,000
  42. 2004-12-11
    listed $37,900

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

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 6/10 Major
  • 🌡 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
$28,377
− Mortgage interest
−$22,406
− Property taxes
−$6,000
− Insurance
−$2,000
− Repairs & maintenance
−$2,270
− Management
−$2,270
− Depreciation
−$11,636
Taxable loss
−$18,206
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$4,369
After-tax cash flow
$-6,384/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

+955.4% since first listed
28 events — show timeline
  • 2026-04-24 Price Changed $399,999 SCMLS
  • 2026-04-24 Price Changed $410,000 SCMLS
  • 2026-03-20 Price Changed $420,000 SCMLS
  • 2026-02-26 Price Changed $425,000 SCMLS
  • 2025-11-23 Listed $450,000 SCMLS
  • 2025-08-05 Listing Removed SCMLS
  • 2025-06-25 Price Changed $440,000 SCMLS
  • 2024-09-23 Listed $499,000 SCMLS
  • 2022-12-19 Sold (Public Records) $29,000 Public Records
  • 2022-12-14 Sold (MLS) $29,000 SCMLS
  • 2022-11-01 Contingent SCMLS
  • 2022-10-06 Price Changed $31,000 SCMLS
  • 2022-08-30 Price Changed $32,500 SCMLS
  • 2022-08-01 Price Changed $34,400 SCMLS
  • 2022-07-01 Price Changed $39,500 SCMLS
  • 2022-05-04 Price Changed $40,000 SCMLS
  • 2021-07-12 Price Changed $34,900 SCMLS
  • 2021-06-22 Price Changed $39,900 SCMLS
  • 2021-06-13 Listed $49,900 SCMLS
  • 2020-03-09 Sold (Public Records) $7,000 Public Records
  • 2020-03-05 Sold (MLS) $7,000 SCMLS
  • 2020-02-25 Contingent SCMLS
  • 2020-02-20 Listed $8,000 SCMLS
  • 2016-08-16 Listing Removed SCMLS
  • 2006-11-01 Listed $34,500 SCMLS
  • 2005-02-08 Sold (Public Records) $37,000 Public Records
  • 2005-01-19 Sold (MLS) $37,000 SCMLS
  • 2004-12-11 Listed $37,900 SCMLS

Property tax history

+18.2%/yr

Latest (2025): $576 · +8.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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