1611 Lago Mar Dr · Viera East, FL 32940

$404,999

3 bd · 2.0 ba · 2,034 sqft · SingleFamily public records · 53 Days on market

Built 2002 7,841 sqft lot $319/mo HOA · 10% of rent

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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).

• Cash flow +8.0/30.0
• ARV discount +7.5/15.0
• Appreciation +5.2/10.0
• Schools +4.7/10.0
• Livability +4.0/5.0
• Rent growth +3.0/5.0
• 1% rule +2.6/10.0
• Condition / age +2.5/5.0
• DSCR +2.0/10.0

Listing remarks MLS

Located in one of the most sought-after 55+ gated communities, Grand Isle, this impeccably maintained corner-lot residence offers outstanding curb appeal with pavered driveway, walkway, and front porch, along with neatly edged planting beds filled with decorative stone. Accordion hurricane shutters provide added peace of mind. Step inside to a bright, open, and modern floor plan with soaring ceilings and abundant natural light. The heart of the home is the spacious kitchen, featuring solid wood cabinetry topped with quartz countertops and designed to overlook the dining and great rooms—ensuring the chef is always part of the conversation and ideal for entertaining. From the moment you enter, enjoy uninterrupted sight lines that flow seamlessly through the great room and into the garden room beyond. The spacious owner's suite is a private retreat, complete with a lovely ensuite bath offering a raised-height double-sink vanity, soaking tub, walk-in shower, and a generous walk-in closet. A private hallway leads to two comfortable guest bedrooms and a well-appointed guest bath. Just off the garden room, an enclosed, tiled porch with both screens and windows provides the perfect space to relax and enjoy the Florida lifestyle year-round. Residents of this vibrant 55+ community enjoy resort-style amenities, including a clubhouse with a heated pool & spa, fitness center, pickleball & bocce/tennis courts, plus a full calendar of social events like movies, trivia nights, concerts, & more! The HOA takes care of lawn maintenance, irrigation, & even exterior painting, so you can spend more time enjoying life. All of this is conveniently located just minutes from top-rated shopping, dining, & everyday essentials. This home truly offers the perfect blend of comfort, style, and low-maintenance living in a vibrant, amenity-rich community.

Key facts

• 7,841 sq ft lot
• 2 garage spots
• Community pool

Property features AI

Finance

• Other: Pets allowed with number limits
• HOA & community: Part of Grand Isle HOA; Monthly HOA fee of $299 and additional annual fee of $240; HOA covers grounds and structure maintenance; Community amenities include clubhouse, fitness center, tennis and shuffleboard courts, jogging path, barbecue area and gated entry; Senior community

Exterior

• Parking: Attached 2-car garage with garage door opener
• Security: Gated community; Security gate; Smoke detectors
• Utilities: 150 amp electric service with underground service; Public sewer; Cable, electricity, natural gas, sewer and water connected
• Home design: Single family residence; One level (entry level 1); Home faces south; Other on-site structures present
• Construction: Block and stucco construction; Shingle roof
• Exterior features: Covered, screened rear porch; Storm shutters; Sprinklers in front and rear; Asphalt road access; Corner lot

Interior

• Kitchen: Dishwasher; Electric oven and electric range; Microwave; Refrigerator; Breakfast bar / eat-in area; Pantry
• Bedrooms: 3 bedrooms (primary bedroom on main level)
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning (electric)
• Interior features: Breakfast bar and breakfast nook; Ceiling fans; Eat-in kitchen; Entrance foyer; Open floorplan; Pantry; Primary bathroom with separate tub and shower; Split bedroom layout; Vaulted ceilings; Walk-in closets
• Laundry & utility: Washer and dryer included; Electric dryer hookup; In-unit laundry (lower level)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $405k.

Deal economics

• At list price, monthly cash flow is $-421 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $331k (18.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $309k (23.7% below list).
• Recommended offer: $309k (23.7% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 79/100 on livability (#141 in FL, #1,964 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: commute 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.
• Zoned schools: Quest Elementary School (math 83% / reading 80%, grade A+, #90 of 2,144 statewide, top 4%, 691 students, 20% FRL); John F. Kennedy Middle School (math 67% / reading 59%, grade B+, #111 of 571 statewide, top 20%, 673 students, 41% FRL); Viera High School (math 58% / reading 71%, grade B-, #78 of 667 statewide, top 13%, 2,289 students, 15% FRL) — zoned schools average 25% FRL vs 43% district-wide (18 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 70% at this address vs 55% district-wide (+15 pts) — the actual schools serving this property are materially stronger than the Brevard average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents rising (+2.0%/yr); 593 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 4,602 units permitted in Brevard County in 2024 (702 in 5+ unit buildings).
• This rent runs 34% of the median local income ($110k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $4k of equity ($3k loan paydown + $2k appreciation (0.4% local appreciation)).
• Brevard County population projected at +15% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• By year 7, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 53 days — a 3% lower offer ($393k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 19y 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 $309,060 (23.7% 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 53 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 0.76% ✗
• Cap rate: 5.05%
• Cash-on-cash: -4.45%
• DSCR: 0.80
• GRM: 10.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

0.4% appreciation · 1.96% rent growth · sell at horizon

5-year hold

• IRR: -6.3%
• Equity multiple: 0.70×
• Total profit: $-34,033
• Equity at exit: $125,830

10-year hold

• IRR: -1.2%
• Equity multiple: 0.87×
• Total profit: $-14,643
• Equity at exit: $157,989

Cash invested: $113,400 (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 32940

• Home prices YoY: 0.1%
• Rents YoY: 2.0%
• Active inventory: 593
• Price-to-rent: 10.9×

Monthly cashflow live

• Estimated rent: $3,091 high
• Mortgage (P&I): −$2,124
• Tax from tax record: −$251 /mo · $3,010/yr
• Insurance: −$169
• HOA: −$319
• Vacancy / Maint / Mgmt: −$649
• Net cashflow: $-421

Break-even live

Break-even rent $3,623

Max offer price $330,645

Occupancy floor —

Sensitivity live

Price	-10% $-192	-5% $-306	+0% $-421	+5% $-536	+10% $-650
Rent	-10% $-665	-5% $-543	+0% $-421	+5% $-299	+10% $-177
Rate	-1.0pp $-217	-0.5pp $-318	base $-421	+0.5pp $-526	+1.0pp $-633

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: $101,250
• Closing costs: $12,150
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
915 Starling Way Rockledge, FL	3.0	2.0	2202	$3,495	$1.59	20d	1	0.23mi
2061 Tiburon Ln Melbourne, FL	3.0	2.0	1506	$2,350	$1.56	25d	1	0.96mi
1914 Jacques Dr Melbourne, FL	3.0	2.0	1575	$3,400	$2.16	25d	1	1.06mi
1385 Fuji Dr Melbourne, FL	3.0	2.0	1770	$3,000	$1.69	25d	1	1.21mi
4760 Manchester Dr Rockledge, FL	4.0	2.0	1911	$2,595	$1.36	25d	1	1.29mi
1937 Golf Vista Blvd Rockledge, FL	3.0	2.0	1917	$3,500	$1.83	25d	1	1.33mi
2301 Willet Pl Melbourne, FL	1.0–3.0	1.0–2.0	1109	$3,420	$3.08	15d	27	1.34mi
1092 Egret Lake Way Melbourne, FL	4.0	3.0	2218	$2,750	$1.24	25d	1	1.47mi

HOA detail

• Monthly dues: $319 · $3,828/yr
• Likely covers: poolgymsecurity

Listing history 26 events

1. 2026-06-22
   pricedays on market $404,999 Active 53 DOM
2. 2026-06-18
   days on market $415,000 Active 50 DOM
3. 2026-06-17
   days on market $415,000 Active 49 DOM
4. 2026-06-16
   days on market $415,000 Active 48 DOM
5. 2026-06-15
   days on market $415,000 Active 47 DOM
6. 2026-06-14
   days on market $415,000 Active 45 DOM
7. 2026-06-10
   days on market $415,000 Active 42 DOM
8. 2026-06-08
   days on market $415,000 Active 40 DOM
9. 2026-06-07
   days on market $415,000 Active 39 DOM
10. 2026-06-05
    days on market $415,000 Active 36 DOM
11. 2026-06-03
    days on market $415,000 Active 35 DOM
12. 2026-06-02
    days on market $415,000 Active 34 DOM
13. 2026-06-01
    days on market $415,000 Active 33 DOM
14. 2026-05-31
    days on market $415,000 Active 32 DOM
15. 2026-05-31
    days on market $415,000 Active 31 DOM
16. 2026-04-29
    listed $415,000 Active
17. 2026-04-27
    historical $415,000
18. 2026-04-17
    soldstatus $380,000 Closed 1886-char remark

    Show marketing remark (1886 chars)

    Located in one of the most sought-after 55+ gated communities, Grand Isle, this impeccably maintained corner-lot residence offers outstanding curb appeal with pavered driveway, walkway, and front porch, along with neatly edged planting beds filled with decorative stone. Accordion hurricane shutters provide added peace of mind. Step inside to a bright, open, and modern floor plan with soaring ceilings and abundant natural light. The heart of the home is the spacious kitchen, featuring solid wood cabinetry topped with quartz countertops and designed to overlook the dining and great rooms—ensuring the chef is always part of the conversation and ideal for entertaining. From the moment you enter, enjoy uninterrupted sight lines that flow seamlessly through the great room and into the garden room beyond. The spacious owner's suite is a private retreat, complete with a lovely ensuite bath offering a raised-height double-sink vanity, soaking tub, walk-in shower, and a generous walk-in closet. A private hallway leads to two comfortable guest bedrooms and a well-appointed guest bath. Just off the garden room, an enclosed, tiled porch with both screens and windows provides the perfect space to relax and enjoy the Florida lifestyle year-round. Residents of this vibrant 55+ community enjoy resort-style amenities, including a clubhouse with a heated pool & spa, fitness center, pickleball & bocce/tennis courts, plus a full calendar of social events like movies, trivia nights, concerts, & more! The HOA takes care of lawn maintenance, irrigation, & even exterior painting, so you can spend more time enjoying life. All of this is conveniently located just minutes from top-rated shopping, dining, & everyday essentials. This home truly offers the perfect blend of comfort, style, and low-maintenance living in a vibrant, amenity-rich community.

19. 2026-04-17
    soldstatus $380,000

    Show marketing remark (1886 chars)

    Located in one of the most sought-after 55+ gated communities, Grand Isle, this impeccably maintained corner-lot residence offers outstanding curb appeal with pavered driveway, walkway, and front porch, along with neatly edged planting beds filled with decorative stone. Accordion hurricane shutters provide added peace of mind. Step inside to a bright, open, and modern floor plan with soaring ceilings and abundant natural light. The heart of the home is the spacious kitchen, featuring solid wood cabinetry topped with quartz countertops and designed to overlook the dining and great rooms—ensuring the chef is always part of the conversation and ideal for entertaining. From the moment you enter, enjoy uninterrupted sight lines that flow seamlessly through the great room and into the garden room beyond. The spacious owner's suite is a private retreat, complete with a lovely ensuite bath offering a raised-height double-sink vanity, soaking tub, walk-in shower, and a generous walk-in closet. A private hallway leads to two comfortable guest bedrooms and a well-appointed guest bath. Just off the garden room, an enclosed, tiled porch with both screens and windows provides the perfect space to relax and enjoy the Florida lifestyle year-round. Residents of this vibrant 55+ community enjoy resort-style amenities, including a clubhouse with a heated pool & spa, fitness center, pickleball & bocce/tennis courts, plus a full calendar of social events like movies, trivia nights, concerts, & more! The HOA takes care of lawn maintenance, irrigation, & even exterior painting, so you can spend more time enjoying life. All of this is conveniently located just minutes from top-rated shopping, dining, & everyday essentials. This home truly offers the perfect blend of comfort, style, and low-maintenance living in a vibrant, amenity-rich community.

20. 2026-03-17
    status Pending 1886-char remark

    Show marketing remark (1886 chars)

    Located in one of the most sought-after 55+ gated communities, Grand Isle, this impeccably maintained corner-lot residence offers outstanding curb appeal with pavered driveway, walkway, and front porch, along with neatly edged planting beds filled with decorative stone. Accordion hurricane shutters provide added peace of mind. Step inside to a bright, open, and modern floor plan with soaring ceilings and abundant natural light. The heart of the home is the spacious kitchen, featuring solid wood cabinetry topped with quartz countertops and designed to overlook the dining and great rooms—ensuring the chef is always part of the conversation and ideal for entertaining. From the moment you enter, enjoy uninterrupted sight lines that flow seamlessly through the great room and into the garden room beyond. The spacious owner's suite is a private retreat, complete with a lovely ensuite bath offering a raised-height double-sink vanity, soaking tub, walk-in shower, and a generous walk-in closet. A private hallway leads to two comfortable guest bedrooms and a well-appointed guest bath. Just off the garden room, an enclosed, tiled porch with both screens and windows provides the perfect space to relax and enjoy the Florida lifestyle year-round. Residents of this vibrant 55+ community enjoy resort-style amenities, including a clubhouse with a heated pool & spa, fitness center, pickleball & bocce/tennis courts, plus a full calendar of social events like movies, trivia nights, concerts, & more! The HOA takes care of lawn maintenance, irrigation, & even exterior painting, so you can spend more time enjoying life. All of this is conveniently located just minutes from top-rated shopping, dining, & everyday essentials. This home truly offers the perfect blend of comfort, style, and low-maintenance living in a vibrant, amenity-rich community.

21. 2026-01-27
    price $390,000 1886-char remark

    Show marketing remark (1886 chars)

    Located in one of the most sought-after 55+ gated communities, Grand Isle, this impeccably maintained corner-lot residence offers outstanding curb appeal with pavered driveway, walkway, and front porch, along with neatly edged planting beds filled with decorative stone. Accordion hurricane shutters provide added peace of mind. Step inside to a bright, open, and modern floor plan with soaring ceilings and abundant natural light. The heart of the home is the spacious kitchen, featuring solid wood cabinetry topped with quartz countertops and designed to overlook the dining and great rooms—ensuring the chef is always part of the conversation and ideal for entertaining. From the moment you enter, enjoy uninterrupted sight lines that flow seamlessly through the great room and into the garden room beyond. The spacious owner's suite is a private retreat, complete with a lovely ensuite bath offering a raised-height double-sink vanity, soaking tub, walk-in shower, and a generous walk-in closet. A private hallway leads to two comfortable guest bedrooms and a well-appointed guest bath. Just off the garden room, an enclosed, tiled porch with both screens and windows provides the perfect space to relax and enjoy the Florida lifestyle year-round. Residents of this vibrant 55+ community enjoy resort-style amenities, including a clubhouse with a heated pool & spa, fitness center, pickleball & bocce/tennis courts, plus a full calendar of social events like movies, trivia nights, concerts, & more! The HOA takes care of lawn maintenance, irrigation, & even exterior painting, so you can spend more time enjoying life. All of this is conveniently located just minutes from top-rated shopping, dining, & everyday essentials. This home truly offers the perfect blend of comfort, style, and low-maintenance living in a vibrant, amenity-rich community.

22. 2026-01-05
    price $410,000 1886-char remark

    Show marketing remark (1886 chars)

    Located in one of the most sought-after 55+ gated communities, Grand Isle, this impeccably maintained corner-lot residence offers outstanding curb appeal with pavered driveway, walkway, and front porch, along with neatly edged planting beds filled with decorative stone. Accordion hurricane shutters provide added peace of mind. Step inside to a bright, open, and modern floor plan with soaring ceilings and abundant natural light. The heart of the home is the spacious kitchen, featuring solid wood cabinetry topped with quartz countertops and designed to overlook the dining and great rooms—ensuring the chef is always part of the conversation and ideal for entertaining. From the moment you enter, enjoy uninterrupted sight lines that flow seamlessly through the great room and into the garden room beyond. The spacious owner's suite is a private retreat, complete with a lovely ensuite bath offering a raised-height double-sink vanity, soaking tub, walk-in shower, and a generous walk-in closet. A private hallway leads to two comfortable guest bedrooms and a well-appointed guest bath. Just off the garden room, an enclosed, tiled porch with both screens and windows provides the perfect space to relax and enjoy the Florida lifestyle year-round. Residents of this vibrant 55+ community enjoy resort-style amenities, including a clubhouse with a heated pool & spa, fitness center, pickleball & bocce/tennis courts, plus a full calendar of social events like movies, trivia nights, concerts, & more! The HOA takes care of lawn maintenance, irrigation, & even exterior painting, so you can spend more time enjoying life. All of this is conveniently located just minutes from top-rated shopping, dining, & everyday essentials. This home truly offers the perfect blend of comfort, style, and low-maintenance living in a vibrant, amenity-rich community.

23. 2025-12-13
    listed $420,000 Active 1886-char remark

    Show marketing remark (1886 chars)

    Located in one of the most sought-after 55+ gated communities, Grand Isle, this impeccably maintained corner-lot residence offers outstanding curb appeal with pavered driveway, walkway, and front porch, along with neatly edged planting beds filled with decorative stone. Accordion hurricane shutters provide added peace of mind. Step inside to a bright, open, and modern floor plan with soaring ceilings and abundant natural light. The heart of the home is the spacious kitchen, featuring solid wood cabinetry topped with quartz countertops and designed to overlook the dining and great rooms—ensuring the chef is always part of the conversation and ideal for entertaining. From the moment you enter, enjoy uninterrupted sight lines that flow seamlessly through the great room and into the garden room beyond. The spacious owner's suite is a private retreat, complete with a lovely ensuite bath offering a raised-height double-sink vanity, soaking tub, walk-in shower, and a generous walk-in closet. A private hallway leads to two comfortable guest bedrooms and a well-appointed guest bath. Just off the garden room, an enclosed, tiled porch with both screens and windows provides the perfect space to relax and enjoy the Florida lifestyle year-round. Residents of this vibrant 55+ community enjoy resort-style amenities, including a clubhouse with a heated pool & spa, fitness center, pickleball & bocce/tennis courts, plus a full calendar of social events like movies, trivia nights, concerts, & more! The HOA takes care of lawn maintenance, irrigation, & even exterior painting, so you can spend more time enjoying life. All of this is conveniently located just minutes from top-rated shopping, dining, & everyday essentials. This home truly offers the perfect blend of comfort, style, and low-maintenance living in a vibrant, amenity-rich community.

24. 2007-05-25
    soldstatus $236,000
25. 2007-05-23
    soldstatus $236,000 447-char remark

    Show marketing remark (447 chars)

    ABSOLUTELY BEST VALUE IN OVER 55 COMMUNITY. 2034 sq. ft. includes huge family room, large screened porch, eat-in kitchen, exterior maintenance, on-site manager, clubhouse with numerous activities, tennis, community pool, beautiful landscaping, solar attic fan, custom garage storage, applied window film, water softener, alarm system, window treatments, termite bond, alarm system. Excellent move-in condition. Chateau Model with full family room.

26. 2007-03-28
    listed $249,900 447-char remark

    Show marketing remark (447 chars)

    ABSOLUTELY BEST VALUE IN OVER 55 COMMUNITY. 2034 sq. ft. includes huge family room, large screened porch, eat-in kitchen, exterior maintenance, on-site manager, clubhouse with numerous activities, tennis, community pool, beautiful landscaping, solar attic fan, custom garage storage, applied window film, water softener, alarm system, window treatments, termite bond, alarm system. Excellent move-in condition. Chateau Model with full family room.

ⓘ 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: $3,010 · $251/mo
• Projected year-2 tax: $3,361 · $280/mo
• Expected delta: +$351/yr (+$29/mo · 11.7%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥104°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

Taxation est. · year 1

• Rental income: $37,087
• − Mortgage interest: −$22,686
• − Property taxes: −$3,010
• − Insurance: −$2,025
• − Repairs & maintenance: −$2,967
• − Management: −$2,967
• − HOA: −$3,828
• − Depreciation: −$11,782
• Taxable loss: −$12,178
• Est. tax savings @ 24.0%: +$2,923
• After-tax cash flow: $-2,128/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 — Viera East

• Score: 79/100
• State rank: #141
• US rank: #1964

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Viera East, FL
• County: Brevard County · 602,871 people
• Metro: Palm Bay-Melbourne-Titusville, FL
• Population (ZIP): 51,727
• Household income: $110,495
• Rent vs Own: 15.8% rent · 84.2% own
• Severe rent burden: 873.0

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: Predominantly White (77%)
• Race & ethnicity: White 77% Hispanic / Latino 10% Two or more races 9% Asian 5% Black 3%
• Hispanic origin (detail): Mexican 1% Puerto Rican 3% Cuban 1%
• Common ancestry: Romanian 4% Lithuanian 3% Slovak 2%
• Foreign-born: 11% · Canada, Jamaica, China
• Languages at home: 88% English-only · Spanish 6% Other Indo-European 2% German/W. Germanic 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: ▲ 0.40%
• Current HPI: 298.1023
• Rent YoY: ▲ 1.96%
• 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

+66.1% since first listed

11 events — show timeline

• 2026-04-29 Listed $415,000 SCMLS
• 2026-04-27 Coming Soon $415,000 SCMLS
• 2026-04-17 Sold (Public Records) $380,000 Public Records
• 2026-04-17 Sold (MLS) $380,000 SCMLS
• 2026-03-17 Pending — SCMLS
• 2026-01-27 Price Changed $390,000 SCMLS
• 2026-01-05 Price Changed $410,000 SCMLS
• 2025-12-13 Listed $420,000 SCMLS
• 2007-05-25 Sold (Public Records) $236,000 Public Records
• 2007-05-23 Sold (MLS) $236,000 SCMLS
• 2007-03-28 Listed $249,900 SCMLS

Property tax history

+0.3%/yr

Latest (2025): $3,010 · +7.4% YoY. Source: county tax records.