926 Barefoot Blvd · Micco, FL 32976

$185,000

2 bd · 2.0 ba · 1,130 sqft · Manufactured public records · 149 Days on market

Built 1978

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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 +18.8/30.0
• ARV discount +7.5/15.0
• DSCR +5.9/10.0
• Schools +4.7/10.0
• 1% rule +4.4/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

"Home Sweet Home". Custom painted driveway flows into carport. Enjoy the light & bright sun rm. Newer kit. offers real wood cabinets. S. S. appliances & separate dining area, w/ built ins + pass thru window 2 your Fam Rm. features wall 2 wall windows. Liv. Rm offers colossal pic. window. Entire hm has matching tile flrs. 2 spacious bd rms. Owners quarters complete w/ full bath, walk-n shower & closet. Pride of ownership & it shows. Yes, time tested everything is newer, Xtra tie downs, hurricane windows. Appliances 2 yrs new, flrs & baths 2 yrs new, Kit 2 yrs new, laundry rm/utility rm w/ sink. Cabana 4 your golf cart + &

Key facts

• Real wood cabinets
• Light bright sun rm
• Parking

Tags

• CUSTOM PAINTED DRIVEWAY
• LIGHT BRIGHT SUN RM
• LAUNDRY RM UTILITY RM
• REAL WOOD CABINETS
• STAINLESS STEEL APPLIANCES
• DINING AREA WITH BUILT INS

Property features AI

Finance

• Financial info: Pets allowed with breed restrictions and number limits
• HOA & community: Association: BBRD; Association covers common areas, recreation facilities, reserve fund, trash; Community amenities include clubhouse, pool, tennis courts, pickleball, shuffleboard, billiard room, library

Exterior

• Parking: Assigned parking; Attached carport; 1 carport space; Driveway
• Security: Smoke detector(s)
• Utilities: Public water; County sewer
• Home design: Manufactured home; Single-story; Faces south; Has a view
• Construction: Manufactured construction
• Exterior features: Porch (enclosed); Patio; Shed(s); Beach access; Paved road

Interior

• Kitchen: Refrigerator; Range; Dishwasher; Electric water heater
• Bedrooms: Bedroom (12 x 9); Bedroom (15 x 12)
• Flooring: Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning; Ceiling fan(s)
• Interior features: Blinds and window treatments; Crown molding; Walk-in closet(s); Furnishing negotiable
• Laundry & utility: Laundry room; Washer; Dryer; Laundry tub; Outside laundry access

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $185k.

Deal economics

• At list price, monthly cash flow is $187 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $173k (6.4% below list).
• Recommended offer: $163k (12.0% below list) — sets the bar for market timing.

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, schools F, 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: 185 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 149 days — a 12% lower offer ($163k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $48k; list at $185k implies a 282% 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→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $162,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 149 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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: 0.94% ✗
• Cap rate: 7.51%
• Cash-on-cash: 4.33%
• DSCR: 1.19
• GRM: 8.9

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: -9.6%
• Equity multiple: 0.65×
• Total profit: $-18,096
• Equity at exit: $27,584

10-year hold

• IRR: -0.2%
• Equity multiple: 0.99×
• Total profit: $-552
• Equity at exit: $15,995

Cash invested: $51,800 (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: 8.9×

Monthly cashflow live

• Estimated rent: $1,731 high
• Mortgage (P&I): −$970
• Tax from tax record: −$133 /mo · $1,595/yr
• Insurance: −$77
• HOA: −$0
• Vacancy / Maint / Mgmt: −$363
• Net cashflow: $187

Break-even live

Break-even rent $1,494

Max offer price $185,000

Occupancy floor 84%

Sensitivity live

Price	-10% $292	-5% $239	+0% $187	+5% $135	+10% $82
Rent	-10% $50	-5% $119	+0% $187	+5% $255	+10% $324
Rate	-1.0pp $280	-0.5pp $234	base $187	+0.5pp $139	+1.0pp $90

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: $46,250
• Closing costs: $5,550
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
904 Red Bud Rd Sebastian, FL	3.0	2.0	1278	$1,500	$1.17	24d	1	0.20mi
914 Pecan Cir Sebastian, FL	2.0	1.0	1000	$1,600	$1.60	24d	1	0.27mi
909 Sequoia St Sebastian, FL	2.0	2.0	1156	$1,845	$1.60	24d	1	0.29mi
621 Hyacinth Cir Sebastian, FL	2.0	2.0	1324	$1,850	$1.40	24d	1	0.32mi
1207 Marigold Dr Sebastian, FL	2.0	2.0	1104	$1,500	$1.36	24d	1	0.32mi
706 Hyacinth Cir Sebastian, FL	2.0	2.0	1062	$1,750	$1.65	24d	1	0.46mi
702 Lark Dr Sebastian, FL	3.0	2.0	1296	$1,775	$1.37	24d	1	0.48mi
629 W Marlin Cir Unit NA Sebastian, FL	2.0	2.0	1104	$1,400	$1.27	15d	1	0.68mi
1112 Pocatella Dr Sebastian, FL	2.0	2.0	1370	$1,900	$1.39	24d	1	0.74mi
7629 Chasta Rd Sebastian, FL	2.0	2.0	958	$1,600	$1.67	24d	1	0.74mi
415 Plover Dr Sebastian, FL	3.0	2.0	1200	$2,400	$2.00	24d	1	0.75mi
7606 Cedar Bark Rd Sebastian, FL	2.0	2.0	1273	$1,800	$1.41	24d	1	0.76mi
7597 Cedar Bark Rd Sebastian, FL	2.0	2.0	902	$1,700	$1.88	24d	1	0.78mi
1315 Barefoot Cir Sebastian, FL	2.0	2.0	1167	$2,300	$1.97	24d	1	0.86mi
830 Lychee Dr Sebastian, FL	2.0	2.0	1269	$2,000	$1.58	24d	1	1.03mi

Listing history 19 events

1. 2026-06-18
   days on market $185,000 Active 149 DOM
2. 2026-06-17
   days on market $185,000 Active 148 DOM
3. 2026-06-16
   days on market $185,000 Active 147 DOM
4. 2026-06-15
   days on market $185,000 Active 146 DOM
5. 2026-06-14
   days on market $185,000 Active 144 DOM
6. 2026-06-10
   days on market $185,000 Active 141 DOM
7. 2026-06-09
   price $185,000 Active 139 DOM
8. 2026-06-08
   days on market $200,000 Active 139 DOM
9. 2026-06-07
   days on market $200,000 Active 138 DOM
10. 2026-06-05
    days on market $200,000 Active 135 DOM
11. 2026-06-03
    days on market $200,000 Active 134 DOM
12. 2026-06-02
    days on market $200,000 Active 133 DOM
13. 2026-06-01
    days on market $200,000 Active 132 DOM
14. 2026-05-31
    days on market $200,000 Active 131 DOM
15. 2026-05-31
    days on market $200,000 Active 130 DOM
16. 2026-01-20
    listed $200,000 Active
17. 2003-03-31
    soldstatus $48,400
18. 2000-02-15
    soldstatus $50,000
19. 1978-02-01
    soldstatus $36,700

ⓘ 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: $1,595 · $133/mo
• Projected year-2 tax: $1,595 · $133/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 6/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°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: $20,769
• − Mortgage interest: −$10,363
• − Property taxes: −$1,595
• − Insurance: −$925
• − Repairs & maintenance: −$1,661
• − Management: −$1,661
• − Depreciation: −$5,382
• Taxable loss: −$819
• Est. tax savings @ 24.0%: +$197
• After-tax cash flow: $2,442/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

+445.0% since first listed

4 events — show timeline

• 2026-01-20 Listed $200,000 RAIRCMLS
• 2003-03-31 Sold (Public Records) $48,400 Public Records
• 2000-02-15 Sold (Public Records) $50,000 Public Records
• 1978-02-01 Sold (Public Records) $36,700 Public Records

Property tax history

+14.0%/yr

Latest (2025): $1,595 · +6.6% YoY. Source: county tax records.