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1551 Independence Ave
C- Composite 52.37
Why this score? — see what drove the C- 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 +16.3/30.0
  • ARV discount +7.5/15.0
  • Appreciation +5.2/10.0
  • DSCR +5.0/10.0
  • Schools +4.7/10.0
  • 1% rule +4.3/10.0
  • Livability +4.0/5.0
  • Rent growth +3.0/5.0
  • Condition / age +2.5/5.0

$298,900

1551 Independence Ave · Viera East, FL 32940
3 bd · 2.0 ba · 1,816 sqft · SingleFamily public records · 62 Days on market
Built 1992 8,712 sqft lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Gorgeous paver driveway and lush landscaping greet you at this lovely, expanded Madison Model. HVAC 2024, Roof 2023, Solar attic fans 2024, Exterior paint 2022, all new electrical outlets and switches 2022, 50AMP service plug in garage (good for electric vehicles). Lanai rescreened in 2021. Newer interior paint. Vaulted ceilings, bright open floor plan, indoor laundry, updated bathrooms, modern fans and light fixtures, make this home move-in ready. Bonus room attached to the large owner's suite makes an ideal private office or place to relax. Sliding glass doors lead to the lanai from the bonus room and living room. An open air atrium, provides natural light & the potential for an inviting garden, or space for relaxing and enjoying your morning coffee. Home to over 600 Military Veterans, Indian River Colony Club is a private 55+ country club community offering a unique blend of camaraderie, comfort, and care and an extensive maintenance program for each home each home. It includes an18-hole golf course, fine dining restaurant with an executive chef & the 19th Hole restaurant and bar, fitness center, heated swimming pool, tennis courts, croquet, bocce ball, shuffleboard, and more. Pet-friendly, gated community with over 60 activities groups that have you feeling like you are on vacation.

Key facts

  • Hvac 2024
  • Roof 2023
  • Exterior paint 2022

Tags

PAVER DRIVEWAYLUSH LANDSCAPINGHVAC 2024ROOF 2023SOLAR ATTIC FANS 2024EXTERIOR PAINT 2022

Property features AI

Finance

  • Other: Unfurnished; Located in a senior community
  • HOA & community: Association: IRCC (monthly fees); Association amenities include clubhouse, fitness center, gated entry, golf course, grounds and structure maintenance, full-time management, park, RV/boat storage, security, shuffleboard, tennis courts, and cable TV; Association fee covers cable TV, internet, grounds and structure maintenance, pest control, security, and other services

Exterior

  • Parking: Attached garage with garage door opener; 2-car garage
  • Security: Gated community with guard
  • Utilities: Public sewer; Cable connected; Electricity connected; Water connected; Sewer connected
  • Home design: Single-family residence; One-story; Entry level is 1; North-facing
  • Construction: Frame and stucco construction; Shingle roof; Built with traditional foundation
  • Exterior features: Rear screened porch; Corner lot; Front and rear sprinkler systems; Private asphalt road frontage

Interior

  • Kitchen: Dishwasher; Disposal; Electric range; Microwave; Refrigerator
  • Bedrooms: 3 bedrooms (all on entry level)
  • Flooring: Carpet; Tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating (electric heat pump); Central air (electric)
  • Interior features: Breakfast nook; Ceiling fans; His-and-hers closets; Open floor plan; Primary bathroom with shower (no tub); Split bedroom floorplan; Vaulted ceilings; Walk-in closets
  • Laundry & utility: In-unit laundry: washer and dryer included

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 single-family listed at $299k.

Deal economics

  • At list price, monthly cash flow is $162 ($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 $277k (7.5% below list).
  • Recommended offer: $277k (7.5% 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); 583 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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 30% 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 $3k of equity ($2k loan paydown + $1k 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 9, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 62 days — a 6% lower offer ($281k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 5y 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.
  • Current owner paid $240k; 25% 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→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $276,533 (7.5% below list)

Questions for the listing agent

  1. It's been on market 62 days. Have you received any prior offers? Is the seller open to a 7% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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.
  6. 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.
  7. 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
0.93%
Cap rate
6.94%
Cash-on-cash
2.32%
DSCR
1.10
GRM
9.0

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
1.1%
Equity multiple
1.05×
Total profit
$4,431
Equity at exit
$92,866
10-year hold
IRR
5.6%
Equity multiple
1.61×
Total profit
$51,468
Equity at exit
$116,600

Cash invested: $83,692 (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 32940

Home prices YoY
0.1%
Rents YoY
2.0%
Active inventory
583
Price-to-rent
9.0×

Monthly cashflow live

Estimated rent
$2,765 high interval (Pro) →
Mortgage (P&I)
$1,567
Tax from tax record
$331 /mo · $3,968/yr
Insurance
$125
HOA
$0
Vacancy / Maint / Mgmt
$581
Net cashflow
$162

Break-even live

Break-even rent $2,560
Max offer price $298,900
Occupancy floor 89%

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
$74,725
Closing costs
$8,967
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 12 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1747 Sophias Dr #202 Melbourne, FL 3.0 2.0 1278 $2,200 $1.72 14d 1 0.75mi
1747 Sophias Dr Melbourne, FL 2.0–3.0 2.0 1149 $2,200 $1.91 23d 2 0.76mi
1914 Jacques Dr Melbourne, FL 3.0 2.0 1575 $3,400 $2.16 23d 1 0.78mi
915 Starling Way Rockledge, FL 3.0 2.0 2202 $3,495 $1.59 19d 1 0.78mi
1622 Laramie Cir Melbourne, FL 3.0 2.0 1390 $2,600 $1.87 14d 1 0.87mi
1092 Egret Lake Way Melbourne, FL 4.0 3.0 2218 $2,750 $1.24 23d 1 1.00mi
2061 Tiburon Ln Melbourne, FL 3.0 2.0 1506 $2,350 $1.56 23d 1 1.01mi
1385 Fuji Dr Melbourne, FL 3.0 2.0 1770 $3,000 $1.69 23d 1 1.14mi
2185 Judge Fran Jamieson Way Melbourne, FL 1.0–3.0 1.0–2.0 1192 $2,365 $1.98 13d 17 1.15mi
2301 Willet Pl Melbourne, FL 1.0–3.0 1.0–2.0 1109 $3,420 $3.08 13d 27 1.24mi
6411 Borasco Dr Melbourne, FL 2.0–3.0 2.0 1258 $2,195 $1.74 23d 1 1.24mi
2560 Judge Fran Jamieson Way Melbourne, FL 1.0–3.0 1.0–2.0 1091 $2,660 $2.44 13d 14 1.47mi

Listing history 28 events

  1. 2026-06-18
    days on market $298,900 Active 62 DOM
  2. 2026-06-17
    days on market $298,900 Active 61 DOM
  3. 2026-06-16
    days on market $298,900 Active 60 DOM
  4. 2026-06-15
    days on market $298,900 Active 59 DOM
  5. 2026-06-14
    days on market $298,900 Active 57 DOM
  6. 2026-06-10
    days on market $298,900 Active 54 DOM
  7. 2026-06-08
    days on market $298,900 Active 52 DOM
  8. 2026-06-07
    days on market $298,900 Active 51 DOM
  9. 2026-06-05
    days on market $298,900 Active 48 DOM
  10. 2026-06-03
    days on market $298,900 Active 47 DOM
  11. 2026-06-02
    days on market $298,900 Active 46 DOM
  12. 2026-06-01
    days on market $298,900 Active 45 DOM
  13. 2026-05-31
    days on market $298,900 Active 44 DOM
  14. 2026-05-31
    days on market $298,900 Active 43 DOM
  15. 2026-04-17
    listed $298,900 Active
  16. 2026-04-15
    historical 1319-char remark
    Show marketing remark (1319 chars)

    Gorgeous paver driveway and lush landscaping greet you at this lovely, expanded Madison Model. HVAC 2024, Roof 2023, Solar attic fans 2024, Exterior paint 2022, all new electrical outlets and switches 2022, 50AMP service plug in garage (good for electric vehicles). Lanai rescreened in 2021. Newer interior paint. Vaulted ceilings, bright open floor plan, indoor laundry, updated bathrooms, modern fans and light fixtures, make this home move-in ready. Bonus room attached to the large owner's suite makes an ideal private office or place to relax. Sliding glass doors lead to the lanai from the bonus room and living room. An open air atrium, provides natural light & the potential for an inviting garden, or space for relaxing and enjoying your morning coffee. Home to over 600 Military Veterans, Indian River Colony Club is a private 55+ country club community offering a unique blend of camaraderie, comfort, and care and an extensive maintenance program for each home each home. It includes an18-hole golf course, fine dining restaurant with an executive chef & the 19th Hole restaurant and bar, fitness center, heated swimming pool, tennis courts, croquet, bocce ball, shuffleboard, and more. Pet-friendly, gated community with over 60 activities groups that have you feeling like you are on vacation.

  17. 2026-03-18
    price $298,900 1319-char remark
    Show marketing remark (1319 chars)

    Gorgeous paver driveway and lush landscaping greet you at this lovely, expanded Madison Model. HVAC 2024, Roof 2023, Solar attic fans 2024, Exterior paint 2022, all new electrical outlets and switches 2022, 50AMP service plug in garage (good for electric vehicles). Lanai rescreened in 2021. Newer interior paint. Vaulted ceilings, bright open floor plan, indoor laundry, updated bathrooms, modern fans and light fixtures, make this home move-in ready. Bonus room attached to the large owner's suite makes an ideal private office or place to relax. Sliding glass doors lead to the lanai from the bonus room and living room. An open air atrium, provides natural light & the potential for an inviting garden, or space for relaxing and enjoying your morning coffee. Home to over 600 Military Veterans, Indian River Colony Club is a private 55+ country club community offering a unique blend of camaraderie, comfort, and care and an extensive maintenance program for each home each home. It includes an18-hole golf course, fine dining restaurant with an executive chef & the 19th Hole restaurant and bar, fitness center, heated swimming pool, tennis courts, croquet, bocce ball, shuffleboard, and more. Pet-friendly, gated community with over 60 activities groups that have you feeling like you are on vacation.

  18. 2025-07-28
    price $309,900 1319-char remark
    Show marketing remark (1319 chars)

    Gorgeous paver driveway and lush landscaping greet you at this lovely, expanded Madison Model. HVAC 2024, Roof 2023, Solar attic fans 2024, Exterior paint 2022, all new electrical outlets and switches 2022, 50AMP service plug in garage (good for electric vehicles). Lanai rescreened in 2021. Newer interior paint. Vaulted ceilings, bright open floor plan, indoor laundry, updated bathrooms, modern fans and light fixtures, make this home move-in ready. Bonus room attached to the large owner's suite makes an ideal private office or place to relax. Sliding glass doors lead to the lanai from the bonus room and living room. An open air atrium, provides natural light & the potential for an inviting garden, or space for relaxing and enjoying your morning coffee. Home to over 600 Military Veterans, Indian River Colony Club is a private 55+ country club community offering a unique blend of camaraderie, comfort, and care and an extensive maintenance program for each home each home. It includes an18-hole golf course, fine dining restaurant with an executive chef & the 19th Hole restaurant and bar, fitness center, heated swimming pool, tennis courts, croquet, bocce ball, shuffleboard, and more. Pet-friendly, gated community with over 60 activities groups that have you feeling like you are on vacation.

  19. 2025-06-22
    price $319,900 1319-char remark
    Show marketing remark (1319 chars)

    Gorgeous paver driveway and lush landscaping greet you at this lovely, expanded Madison Model. HVAC 2024, Roof 2023, Solar attic fans 2024, Exterior paint 2022, all new electrical outlets and switches 2022, 50AMP service plug in garage (good for electric vehicles). Lanai rescreened in 2021. Newer interior paint. Vaulted ceilings, bright open floor plan, indoor laundry, updated bathrooms, modern fans and light fixtures, make this home move-in ready. Bonus room attached to the large owner's suite makes an ideal private office or place to relax. Sliding glass doors lead to the lanai from the bonus room and living room. An open air atrium, provides natural light & the potential for an inviting garden, or space for relaxing and enjoying your morning coffee. Home to over 600 Military Veterans, Indian River Colony Club is a private 55+ country club community offering a unique blend of camaraderie, comfort, and care and an extensive maintenance program for each home each home. It includes an18-hole golf course, fine dining restaurant with an executive chef & the 19th Hole restaurant and bar, fitness center, heated swimming pool, tennis courts, croquet, bocce ball, shuffleboard, and more. Pet-friendly, gated community with over 60 activities groups that have you feeling like you are on vacation.

  20. 2025-04-15
    listed $330,000 Active 1319-char remark
    Show marketing remark (1319 chars)

    Gorgeous paver driveway and lush landscaping greet you at this lovely, expanded Madison Model. HVAC 2024, Roof 2023, Solar attic fans 2024, Exterior paint 2022, all new electrical outlets and switches 2022, 50AMP service plug in garage (good for electric vehicles). Lanai rescreened in 2021. Newer interior paint. Vaulted ceilings, bright open floor plan, indoor laundry, updated bathrooms, modern fans and light fixtures, make this home move-in ready. Bonus room attached to the large owner's suite makes an ideal private office or place to relax. Sliding glass doors lead to the lanai from the bonus room and living room. An open air atrium, provides natural light & the potential for an inviting garden, or space for relaxing and enjoying your morning coffee. Home to over 600 Military Veterans, Indian River Colony Club is a private 55+ country club community offering a unique blend of camaraderie, comfort, and care and an extensive maintenance program for each home each home. It includes an18-hole golf course, fine dining restaurant with an executive chef & the 19th Hole restaurant and bar, fitness center, heated swimming pool, tennis courts, croquet, bocce ball, shuffleboard, and more. Pet-friendly, gated community with over 60 activities groups that have you feeling like you are on vacation.

  21. 2021-10-04
    soldstatus $240,000
  22. 2021-10-01
    soldstatus $240,000 Closed 815-char remark
    Show marketing remark (815 chars)

    Located in a military, country club community, this lovely expanded Madison Model includes vaulted ceilings, bright open floor plan, spacious owner's suite and secondary bedrooms. Guest bathroom has access to the lanai. Bonus room off of the owner's suite makes a perfect office or relaxing sitting room, with sliding glass doors to the spacious lanai. Primary bathroom boasts his and her walk in closets, private toilet, dual sinks, garden tub and walk-in shower. Large screened back porch with stamped cement flooring make this home a MUST-SEE! Home to over 600 Military Veterans, Indian River Colony Club is a Private 55+ Country Club community with an extensive maintenance program for each home, an 18-hole golf course, fine dining restaurant with an executive chef & the 19th Hole restaurant restaurant

  23. 2021-09-27
    status Pending 815-char remark
    Show marketing remark (815 chars)

    Located in a military, country club community, this lovely expanded Madison Model includes vaulted ceilings, bright open floor plan, spacious owner's suite and secondary bedrooms. Guest bathroom has access to the lanai. Bonus room off of the owner's suite makes a perfect office or relaxing sitting room, with sliding glass doors to the spacious lanai. Primary bathroom boasts his and her walk in closets, private toilet, dual sinks, garden tub and walk-in shower. Large screened back porch with stamped cement flooring make this home a MUST-SEE! Home to over 600 Military Veterans, Indian River Colony Club is a Private 55+ Country Club community with an extensive maintenance program for each home, an 18-hole golf course, fine dining restaurant with an executive chef & the 19th Hole restaurant restaurant

  24. 2021-09-20
    historical Backups 815-char remark
    Show marketing remark (815 chars)

    Located in a military, country club community, this lovely expanded Madison Model includes vaulted ceilings, bright open floor plan, spacious owner's suite and secondary bedrooms. Guest bathroom has access to the lanai. Bonus room off of the owner's suite makes a perfect office or relaxing sitting room, with sliding glass doors to the spacious lanai. Primary bathroom boasts his and her walk in closets, private toilet, dual sinks, garden tub and walk-in shower. Large screened back porch with stamped cement flooring make this home a MUST-SEE! Home to over 600 Military Veterans, Indian River Colony Club is a Private 55+ Country Club community with an extensive maintenance program for each home, an 18-hole golf course, fine dining restaurant with an executive chef & the 19th Hole restaurant restaurant

  25. 2021-09-13
    listed $230,000 Active 815-char remark
    Show marketing remark (815 chars)

    Located in a military, country club community, this lovely expanded Madison Model includes vaulted ceilings, bright open floor plan, spacious owner's suite and secondary bedrooms. Guest bathroom has access to the lanai. Bonus room off of the owner's suite makes a perfect office or relaxing sitting room, with sliding glass doors to the spacious lanai. Primary bathroom boasts his and her walk in closets, private toilet, dual sinks, garden tub and walk-in shower. Large screened back porch with stamped cement flooring make this home a MUST-SEE! Home to over 600 Military Veterans, Indian River Colony Club is a Private 55+ Country Club community with an extensive maintenance program for each home, an 18-hole golf course, fine dining restaurant with an executive chef & the 19th Hole restaurant restaurant

  26. 2002-11-06
    soldstatus $120,000
  27. 1996-04-17
    soldstatus $130,000
  28. 1992-05-01
    soldstatus $114,500

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

Tax reassessment forecast FL · Resets to sale price

Current annual tax
$3,968 · $331/mo
Projected year-2 tax
$3,968 · $331/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 2/10 Low
  • 🌡 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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$33,184
− Mortgage interest
−$16,743
− Property taxes
−$3,968
− Insurance
−$1,494
− Repairs & maintenance
−$2,655
− Management
−$2,655
− Depreciation
−$8,695
Taxable loss
−$3,026
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$726
After-tax cash flow
$2,669/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

Price history

+161.0% since first listed
14 events — show timeline
  • 2026-04-17 Listed $298,900 SCMLS
  • 2026-04-15 Listing Removed SCMLS
  • 2026-03-18 Price Changed $298,900 SCMLS
  • 2025-07-28 Price Changed $309,900 SCMLS
  • 2025-06-22 Price Changed $319,900 SCMLS
  • 2025-04-15 Listed $330,000 SCMLS
  • 2021-10-04 Sold (Public Records) $240,000 Public Records
  • 2021-10-01 Sold (MLS) $240,000 SCMLS
  • 2021-09-27 Pending SCMLS
  • 2021-09-20 Contingent SCMLS
  • 2021-09-13 Listed $230,000 SCMLS
  • 2002-11-06 Sold (Public Records) $120,000 Public Records
  • 1996-04-17 Sold (Public Records) $130,000 Public Records
  • 1992-05-01 Sold (Public Records) $114,500 Public Records

Property tax history

+8.2%/yr

Latest (2025): $3,968 · +5.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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