1238 Wyoming Dr SE · Palm Bay, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 9/10 · Severe
- Hot days now (above 106°F)
- 7 days/yr
- Hot days in 30 yrs
- 20 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
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
- Schools +4.7/10.0
- Cash flow +4.0/30.0
- Livability +3.6/5.0
- Rent growth +3.4/5.0
- Condition / age +2.5/5.0
- 1% rule +0.2/10.0
- DSCR +0.0/10.0
$437,391
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to the Charlotte floorplan, from our Cornerstone collection. Designed with the perfect blend of functionality and style, this home is sure to captivate discerning homebuyers seeking an exceptional living experience. The Charlotte floorplan boasts a large, recessed truss covered porch, offering privacy and an attractive exterior. Embrace the option for a larger covered entry, which provides a welcoming touch and space for a small table and chairs or a cozy seating area. This additional outdoor space allows you to create a charming nook for relaxation or socializing. Upon entry into the home, you'll be welcomed by a dining room to your left and a den to your right, setting the stage for a home that exudes refinement and functionality. The great room, open to the kitchen and breakfast nook, serves as the heart of the home, fostering seamless interactions and creating a warm and inviting atmosphere. Discover the convenience of the separate laundry room, situated between the garage and kitchen, offering functionality and organization. The spacious owner's suite features a generously sized walk-in closet, providing plenty of storage space for your wardrobe and personal belongings. Pamper yourself in the large walk-in tile shower, creating a serene oasis within the privacy of your own home.
Key facts
- Ample cabinets
- Counter space
- Massive owners suite
Tags
Property features AI
Exterior
- Parking: Attached 2-car garage
- Security: Smoke detector(s)
- Utilities: Septic tank; Electricity connected; Cable available; Water-smart landscaping; HVAC and programmable thermostat (energy efficient)
- Home design: Single family residence; One story; Faces north; New construction
- Construction: Block, concrete and stucco construction; Shingle roof
- Exterior features: Porch; Storm shutters
Interior
- Kitchen: Dishwasher; Disposal; Electric range; Microwave; Ice maker; Electric water heater
- Bedrooms: 4 bedrooms (all on the first level); Owners suite on the first level
- Flooring: Carpet; Tile
- Bathrooms: 3 full bathrooms
- Heating & cooling: Central heating (electric); Central air; Attic fan; Electric cooling
- Interior features: Open floorplan; Vaulted ceilings; Kitchen island; Breakfast nook; Pantry; Primary bathroom with tub and separate shower; Split bedroom layout; Walk-in closet(s)
- Laundry & utility: Washer hookup; Electric dryer hookup; Gas dryer hookup; Laundry sink
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/3.0-bath land listed at $437k.
Deal economics
- At list price, monthly cash flow is $-1k ($-15k/yr) — negative.
- To cash-flow at today's rent, offer at most $259k (40.7% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $227k (48.1% below list).
- Recommended offer: $227k (48.1% 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: Columbia Elementary School (math 52% / reading 47%, grade D, #1,088 of 2,144 statewide, top 53%, 506 students, 68% 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 schools average 59% FRL vs 43% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 41% at this address vs 55% district-wide (-14 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); 1123 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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 34% 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 $47k of equity ($3k loan paydown + $44k 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 ~$75k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 109 days — a 9% lower offer ($398k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts 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.
- Current owner paid $360k; 21% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- 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?
- It's been on market 109 days. Have you received any prior offers? Is the seller open to a 48% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 0.52% ✗
- Cap rate
- 2.92%
- Cash-on-cash
- -12.05%
- DSCR
- 0.46
- GRM
- 16.1
CMA / ARV
No comps found within radius.
Projected returns pro-forma
10.0% appreciation · 3.67% rent growth · sell at horizon
- IRR
- 16.0%
- Equity multiple
- 2.32×
- Total profit
- $161,468
- Equity at exit
- $394,036
- IRR
- 15.5%
- Equity multiple
- 5.41×
- Total profit
- $540,368
- Equity at exit
- $849,755
Cash invested: $122,469 (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
ZIP-level market 32909
- Home prices YoY
- 6.0%
- Rents YoY
- 3.7%
- Active inventory
- 1123
- Price-to-rent
- 16.1×
Monthly cashflow live
- Estimated rent
- $2,270 high interval (Pro) →
- Mortgage (P&I)
- −$2,294
- Tax est. 1.5%
- −$547 /mo · $6,561/yr
- Insurance
- −$182
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$477
- Net cashflow
- $-1,230
Break-even live
Sensitivity live
| Price | -10% $-927 | -5% $-1,079 | +0% $-1,230 | +5% $-1,381 | +10% $-1,532 |
|---|---|---|---|---|---|
| Rent | -10% $-1,409 | -5% $-1,319 | +0% $-1,230 | +5% $-1,140 | +10% $-1,050 |
| Rate | -1.0pp $-1,009 | -0.5pp $-1,118 | base $-1,230 | +0.5pp $-1,343 | +1.0pp $-1,458 |
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
- $109,348
- Closing costs
- $13,122
- 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 19 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1150 Tiger St SE Palm Bay, FL | 3.0 | 2.0 | 1690 | $1,950 | $1.15 | 16d | 1 | 0.52mi |
| 1150 Raoul St SE Palm Bay, FL | 4.0 | 2.0 | 1787 | $2,300 | $1.29 | 25d | 1 | 0.70mi |
| 1517 Wacker Ave SE Palm Bay, FL | 4.0 | 2.0 | 1775 | $2,200 | $1.24 | 25d | 1 | 0.76mi |
| 1625 Waneta St SE Palm Bay, FL | 3.0 | 2.0 | 1631 | $2,100 | $1.29 | 20d | 1 | 0.78mi |
| 1530 Paley Cir SE Palm Bay, FL | 4.0 | 2.0 | 1842 | $2,095 | $1.14 | 16d | 1 | 0.84mi |
| 2242 Mantilla Ave SE Palm Bay, FL | 5.0 | 2.0 | 2516 | $2,176 | $0.86 | 23d | 1 | 0.96mi |
| 1454 Graves St SE Palm Bay, FL | 3.0 | 2.0 | 1621 | $2,100 | $1.30 | 16d | 1 | 0.97mi |
| 978 Remington Green Dr SE Palm Bay, FL | 4.0 | 2.0 | 1830 | $2,200 | $1.20 | 25d | 1 | 1.00mi |
| 2910 Emerson Dr SE Palm Bay, FL | 3.0 | 2.0 | 1700 | $1,950 | $1.15 | 16d | 1 | 1.04mi |
| 1165 Rabbit St SE Palm Bay, FL | 3.0 | 2.0 | 1994 | $1,895 | $0.95 | 20d | 1 | 1.12mi |
| 1677 Lizette St SE Unit A Palm Bay, FL | 3.0 | 2.0 | 2080 | $1,900 | $0.91 | 16d | 1 | 1.14mi |
| 1660 Lizette St SE Unit 1 Palm Bay, FL | 4.0 | 2.0 | 1736 | $2,199 | $1.27 | 25d | 1 | 1.15mi |
| 1406 Martinez St SE Palm Bay, FL | 4.0 | 2.0 | 2083 | $2,100 | $1.01 | 25d | 1 | 1.19mi |
| 1416 Martinez St SE Palm Bay, FL | 3.0 | 2.0 | 1747 | $2,000 | $1.14 | 16d | 1 | 1.19mi |
| 2250 Chinaberry Cir SE Palm Bay, FL | 3.0 | 2.0 | 1669 | $1,995 | $1.20 | 25d | 1 | 1.22mi |
| 1210 Vandalia Ave SE Palm Bay, FL | 4.0 | 2.0 | 1833 | $2,050 | $1.12 | 16d | 1 | 1.28mi |
| 1643 Talavera St SE Palm Bay, FL | 4.0 | 2.0 | 1833 | $1,861 | $1.02 | 20d | 1 | 1.42mi |
| 1255 Wadsworth St SE Unit 1255 Palm Bay, FL | 3.0 | 3.0 | 1747 | $2,350 | $1.35 | 20d | 1 | 1.46mi |
| 830 Painesville St SE Palm Bay, FL | 3.0 | 2.0 | 2029 | $2,220 | $1.09 | 15d | 1 | 1.48mi |
Listing history 30 events
-
2026-06-22days on market $437,391 Active 109 DOM
-
2026-06-18days on market $437,391 Active 106 DOM
-
2026-06-17days on market $437,391 Active 105 DOM
-
2026-06-16days on market $437,391 Active 104 DOM
-
2026-06-15days on market $437,391 Active 103 DOM
-
2026-06-14days on market $437,391 Active 101 DOM
-
2026-06-10days on market $437,391 Active 98 DOM
-
2026-06-08days on market $437,391 Active 96 DOM
-
2026-06-07days on market $437,391 Active 95 DOM
-
2026-06-05days on market $437,391 Active 92 DOM
-
2026-06-03days on market $437,391 Active 91 DOM
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2026-06-02days on market $437,391 Active 90 DOM
-
2026-06-01days on market $437,391 Active 89 DOM
-
2026-05-31days on market $437,391 Active 88 DOM
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2026-05-31days on market $437,391 Active 87 DOM
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2026-04-21price $437,391
-
2026-03-06price $435,990
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2026-03-04$437,391 Active
-
2026-02-11price $437,391 1312-char remark
Show marketing remark (1312 chars)
Welcome to the Charlotte floorplan, from our Cornerstone collection. Designed with the perfect blend of functionality and style, this home is sure to captivate discerning homebuyers seeking an exceptional living experience. The Charlotte floorplan boasts a large, recessed truss covered porch, offering privacy and an attractive exterior. Embrace the option for a larger covered entry, which provides a welcoming touch and space for a small table and chairs or a cozy seating area. This additional outdoor space allows you to create a charming nook for relaxation or socializing. Upon entry into the home, you'll be welcomed by a dining room to your left and a den to your right, setting the stage for a home that exudes refinement and functionality. The great room, open to the kitchen and breakfast nook, serves as the heart of the home, fostering seamless interactions and creating a warm and inviting atmosphere. Discover the convenience of the separate laundry room, situated between the garage and kitchen, offering functionality and organization. The spacious owner's suite features a generously sized walk-in closet, providing plenty of storage space for your wardrobe and personal belongings. Pamper yourself in the large walk-in tile shower, creating a serene oasis within the privacy of your own home.
-
2026-01-03price $443,157 1312-char remark
Show marketing remark (1312 chars)
Welcome to the Charlotte floorplan, from our Cornerstone collection. Designed with the perfect blend of functionality and style, this home is sure to captivate discerning homebuyers seeking an exceptional living experience. The Charlotte floorplan boasts a large, recessed truss covered porch, offering privacy and an attractive exterior. Embrace the option for a larger covered entry, which provides a welcoming touch and space for a small table and chairs or a cozy seating area. This additional outdoor space allows you to create a charming nook for relaxation or socializing. Upon entry into the home, you'll be welcomed by a dining room to your left and a den to your right, setting the stage for a home that exudes refinement and functionality. The great room, open to the kitchen and breakfast nook, serves as the heart of the home, fostering seamless interactions and creating a warm and inviting atmosphere. Discover the convenience of the separate laundry room, situated between the garage and kitchen, offering functionality and organization. The spacious owner's suite features a generously sized walk-in closet, providing plenty of storage space for your wardrobe and personal belongings. Pamper yourself in the large walk-in tile shower, creating a serene oasis within the privacy of your own home.
-
2025-11-13status Active 1312-char remark
Show marketing remark (1312 chars)
Welcome to the Charlotte floorplan, from our Cornerstone collection. Designed with the perfect blend of functionality and style, this home is sure to captivate discerning homebuyers seeking an exceptional living experience. The Charlotte floorplan boasts a large, recessed truss covered porch, offering privacy and an attractive exterior. Embrace the option for a larger covered entry, which provides a welcoming touch and space for a small table and chairs or a cozy seating area. This additional outdoor space allows you to create a charming nook for relaxation or socializing. Upon entry into the home, you'll be welcomed by a dining room to your left and a den to your right, setting the stage for a home that exudes refinement and functionality. The great room, open to the kitchen and breakfast nook, serves as the heart of the home, fostering seamless interactions and creating a warm and inviting atmosphere. Discover the convenience of the separate laundry room, situated between the garage and kitchen, offering functionality and organization. The spacious owner's suite features a generously sized walk-in closet, providing plenty of storage space for your wardrobe and personal belongings. Pamper yourself in the large walk-in tile shower, creating a serene oasis within the privacy of your own home.
-
2025-11-11historical 1312-char remark
Show marketing remark (1312 chars)
Welcome to the Charlotte floorplan, from our Cornerstone collection. Designed with the perfect blend of functionality and style, this home is sure to captivate discerning homebuyers seeking an exceptional living experience. The Charlotte floorplan boasts a large, recessed truss covered porch, offering privacy and an attractive exterior. Embrace the option for a larger covered entry, which provides a welcoming touch and space for a small table and chairs or a cozy seating area. This additional outdoor space allows you to create a charming nook for relaxation or socializing. Upon entry into the home, you'll be welcomed by a dining room to your left and a den to your right, setting the stage for a home that exudes refinement and functionality. The great room, open to the kitchen and breakfast nook, serves as the heart of the home, fostering seamless interactions and creating a warm and inviting atmosphere. Discover the convenience of the separate laundry room, situated between the garage and kitchen, offering functionality and organization. The spacious owner's suite features a generously sized walk-in closet, providing plenty of storage space for your wardrobe and personal belongings. Pamper yourself in the large walk-in tile shower, creating a serene oasis within the privacy of your own home.
-
2025-09-20price $438,681 1312-char remark
Show marketing remark (1312 chars)
Welcome to the Charlotte floorplan, from our Cornerstone collection. Designed with the perfect blend of functionality and style, this home is sure to captivate discerning homebuyers seeking an exceptional living experience. The Charlotte floorplan boasts a large, recessed truss covered porch, offering privacy and an attractive exterior. Embrace the option for a larger covered entry, which provides a welcoming touch and space for a small table and chairs or a cozy seating area. This additional outdoor space allows you to create a charming nook for relaxation or socializing. Upon entry into the home, you'll be welcomed by a dining room to your left and a den to your right, setting the stage for a home that exudes refinement and functionality. The great room, open to the kitchen and breakfast nook, serves as the heart of the home, fostering seamless interactions and creating a warm and inviting atmosphere. Discover the convenience of the separate laundry room, situated between the garage and kitchen, offering functionality and organization. The spacious owner's suite features a generously sized walk-in closet, providing plenty of storage space for your wardrobe and personal belongings. Pamper yourself in the large walk-in tile shower, creating a serene oasis within the privacy of your own home.
-
2025-07-31price $442,621 1312-char remark
Show marketing remark (1312 chars)
Welcome to the Charlotte floorplan, from our Cornerstone collection. Designed with the perfect blend of functionality and style, this home is sure to captivate discerning homebuyers seeking an exceptional living experience. The Charlotte floorplan boasts a large, recessed truss covered porch, offering privacy and an attractive exterior. Embrace the option for a larger covered entry, which provides a welcoming touch and space for a small table and chairs or a cozy seating area. This additional outdoor space allows you to create a charming nook for relaxation or socializing. Upon entry into the home, you'll be welcomed by a dining room to your left and a den to your right, setting the stage for a home that exudes refinement and functionality. The great room, open to the kitchen and breakfast nook, serves as the heart of the home, fostering seamless interactions and creating a warm and inviting atmosphere. Discover the convenience of the separate laundry room, situated between the garage and kitchen, offering functionality and organization. The spacious owner's suite features a generously sized walk-in closet, providing plenty of storage space for your wardrobe and personal belongings. Pamper yourself in the large walk-in tile shower, creating a serene oasis within the privacy of your own home.
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2025-05-20price $442,594 1312-char remark
Show marketing remark (1312 chars)
Welcome to the Charlotte floorplan, from our Cornerstone collection. Designed with the perfect blend of functionality and style, this home is sure to captivate discerning homebuyers seeking an exceptional living experience. The Charlotte floorplan boasts a large, recessed truss covered porch, offering privacy and an attractive exterior. Embrace the option for a larger covered entry, which provides a welcoming touch and space for a small table and chairs or a cozy seating area. This additional outdoor space allows you to create a charming nook for relaxation or socializing. Upon entry into the home, you'll be welcomed by a dining room to your left and a den to your right, setting the stage for a home that exudes refinement and functionality. The great room, open to the kitchen and breakfast nook, serves as the heart of the home, fostering seamless interactions and creating a warm and inviting atmosphere. Discover the convenience of the separate laundry room, situated between the garage and kitchen, offering functionality and organization. The spacious owner's suite features a generously sized walk-in closet, providing plenty of storage space for your wardrobe and personal belongings. Pamper yourself in the large walk-in tile shower, creating a serene oasis within the privacy of your own home.
-
2025-05-03$437,594 Active 1312-char remark
Show marketing remark (1312 chars)
Welcome to the Charlotte floorplan, from our Cornerstone collection. Designed with the perfect blend of functionality and style, this home is sure to captivate discerning homebuyers seeking an exceptional living experience. The Charlotte floorplan boasts a large, recessed truss covered porch, offering privacy and an attractive exterior. Embrace the option for a larger covered entry, which provides a welcoming touch and space for a small table and chairs or a cozy seating area. This additional outdoor space allows you to create a charming nook for relaxation or socializing. Upon entry into the home, you'll be welcomed by a dining room to your left and a den to your right, setting the stage for a home that exudes refinement and functionality. The great room, open to the kitchen and breakfast nook, serves as the heart of the home, fostering seamless interactions and creating a warm and inviting atmosphere. Discover the convenience of the separate laundry room, situated between the garage and kitchen, offering functionality and organization. The spacious owner's suite features a generously sized walk-in closet, providing plenty of storage space for your wardrobe and personal belongings. Pamper yourself in the large walk-in tile shower, creating a serene oasis within the privacy of your own home.
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2024-05-24soldstatus $360,000
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1999-06-29soldstatus $5,000
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1989-02-01soldstatus $7,000
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1972-05-05soldstatus $2,600
ⓘ 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 3/10 Moderate
- Heat 9/10 Extreme 7 d/yr ≥106°F today · 20 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
- $27,235
- − Mortgage interest
- −$24,501
- − Property taxes
- −$6,561
- − Insurance
- −$2,187
- − Repairs & maintenance
- −$2,179
- − Management
- −$2,179
- − Depreciation
- −$12,724
- Taxable loss
- −$23,095
- Est. tax savings @ 24.0%
- +$5,543
- After-tax cash flow
- $-9,214/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
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
- 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 |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
+16722.7% since first listed15 events — show timeline
- 2026-04-21 Price Changed $437,391 SCMLS
- 2026-03-06 Price Changed $435,990 SCMLS
- 2026-03-04 Listed $437,391 SCMLS
- 2026-02-11 Price Changed $437,391 Zillow
- 2026-01-03 Price Changed $443,157 Zillow
- 2025-11-13 Relisted — Zillow
- 2025-11-11 Delisted — Zillow
- 2025-09-20 Price Changed $438,681 Zillow
- 2025-07-31 Price Changed $442,621 Zillow
- 2025-05-20 Price Changed $442,594 Zillow
- 2025-05-03 Listed $437,594 Zillow
- 2024-05-24 Sold (Public Records) $360,000 Public Records
- 1999-06-29 Sold (Public Records) $5,000 Public Records
- 1989-02-01 Sold (Public Records) $7,000 Public Records
- 1972-05-05 Sold (Public Records) $2,600 Public Records
Property tax history
+18.5%/yrLatest (2025): $658 · +22.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…