872 Autumn St SE · Palm Bay, FL 32909

$250,000

2 bd · 2.0 ba · 1,025 sqft · SingleFamily public records · 109 Days on market

Built 1984 10,019 sqft lot ↓ 11% since listing

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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 +11.0/30.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.7/10.0
• Livability +3.6/5.0
• Rent growth +3.4/5.0
• DSCR +3.2/10.0
• 1% rule +2.5/10.0
• Condition / age +2.5/5.0

Listing remarks MLS

3/2/2 home located centrally in Palm Bay. With a little TLC this can be a great investment property or home for yourself. Many of the updating has been already done. Some of the upgrades include ceramic 18 x 18 tile throughout, newer exterior siding, and updated kitchen cabinets and bathrooms. Both bathrooms have newer ceramic tile and comfort hight toilets.

Key facts

• 23 acre property
• A/c system
• Water heater

Tags

• 23 ACRE PROPERTY
• NEW ROOF
• A/C SYSTEM
• WATER HEATER
• UPGRADED COUNTER TOPS
• PLUMBING FIXTURES

Property features AI

Exterior

• Parking: 2-car garage with garage door opener; RV access/parking
• Security: Owned security system
• Utilities: Septic tank; Water connected; Electricity connected; Cable available; Sewer not available
• Home design: Single-family residence; One level (entry level 1); North-facing
• Construction: Frame and stucco construction; Shingle roof; Pets allowed
• Exterior features: Cleared lot; County road frontage; Asphalt road surface; Security system (owned)

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Breakfast bar / eat-in space
• Bedrooms: 3 bedrooms
• Flooring: Tile flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Breakfast bar; Breakfast nook; Ceiling fans; Eat-in kitchen; Open floorplan; Primary bathroom with shower (no tub); Vaulted ceilings; Walk-in closets
• Laundry & utility: Washer and dryer included; Laundry area in garage

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $250k.

Deal economics

• At list price, monthly cash flow is $-107 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $231k (7.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $188k (24.9% below list).
• Recommended offer: $188k (24.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 72/100 on livability (#366 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D+, amenities F, health & safety D-.
• Brevard (suburban): math 53% / reading 57% proficiency, ranked #19 of 73 in FL (top 26%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: John F. Turner Senior Elementary School (math 38% / reading 43%, grade F, #1,471 of 2,144 statewide, top 69%, 543 students, 69% 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 38% at this address vs 55% district-wide (-17 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; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 26d 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).

Forward outlook

• In year one you build about $27k of equity ($2k loan paydown + $25k 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 ~$43k 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 ($228k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y 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 $212k; 18% 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→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $187,734 (24.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 109 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.75% ✗
• Cap rate: 5.78%
• Cash-on-cash: -1.83%
• DSCR: 0.92
• GRM: 11.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.67% rent growth · sell at horizon

5-year hold

• IRR: 23.2%
• Equity multiple: 2.87×
• Total profit: $130,573
• Equity at exit: $225,220

10-year hold

• IRR: 20.8%
• Equity multiple: 6.61×
• Total profit: $392,409
• Equity at exit: $485,695

Cash invested: $70,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32909

• Home prices YoY: 6.0%
• Rents YoY: 3.7%
• Active inventory: 1123
• Price-to-rent: 11.1×

Monthly cashflow live

• Estimated rent: $1,877 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$175 /mo · $2,096/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$394
• Net cashflow: $-107

Break-even live

Break-even rent $2,013

Max offer price $231,136

Occupancy floor —

Sensitivity live

Price	-10% $35	-5% $-36	+0% $-107	+5% $-178	+10% $-248
Rent	-10% $-255	-5% $-181	+0% $-107	+5% $-33	+10% $42
Rate	-1.0pp $19	-0.5pp $-43	base $-107	+0.5pp $-172	+1.0pp $-237

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: $62,500
• Closing costs: $7,500
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
800 Starland St SE Palm Bay, FL	2.0	1.0	904	$1,650	$1.83	25d	1	0.17mi
710 Avalon St SE Palm Bay, FL	3.0	2.0	1378	$1,995	$1.45	25d	1	0.23mi
1130 Grapefruit Rd SE Palm Bay, FL	3.0	2.0	1144	$1,900	$1.66	16d	1	0.33mi
743 Andrew St SE Palm Bay, FL	3.0	2.0	1252	$1,895	$1.51	25d	1	0.59mi
822 Seven Gables Cir SE Palm Bay, FL	3.0	2.0	1474	$1,835	$1.24	25d	1	0.74mi
818 Seven Gables Cir SE Palm Bay, FL	3.0	2.0	1490	$1,795	$1.20	25d	1	0.75mi
896 Talmadge Ave SE Palm Bay, FL	3.0	2.0	1263	$1,900	$1.50	16d	1	0.77mi
431 Brantley St SE Palm Bay, FL	3.0	2.0	1326	$2,050	$1.55	21d	1	0.78mi
931 Commerce Rd SE Palm Bay, FL	3.0	2.0	1068	$2,300	$2.15	25d	1	0.88mi
1205 Jaslo St SE Palm Bay, FL	1.0–3.0	1.0–2.0	992	$1,888	$1.90	16d	8	0.90mi
829 Tampa Ave SE Palm Bay, FL	3.0	2.0	1303	$1,740	$1.34	25d	1	0.98mi
1072 Genesee Ave SE Palm Bay, FL	3.0	2.0	1004	$1,855	$1.85	25d	1	0.99mi
461 Ellington Ave SE Palm Bay, FL	2.0	2.0	1040	$1,595	$1.53	25d	1	1.01mi
857 Buchanan Ave SE Palm Bay, FL	3.0	2.0	1257	$1,950	$1.55	25d	1	1.02mi
914 Caligula Ave SE Palm Bay, FL	3.0	2.0	1371	$1,841	$1.34	16d	1	1.09mi
84 San Filippo Dr SE Palm Bay, FL	1.0–3.0	1.0–2.0	1052	$1,702	$1.62	16d	30	1.20mi
741 Frisco St SE Palm Bay, FL	3.0	2.0	1156	$1,950	$1.69	25d	1	1.22mi
1068 Saint Johns St SE Palm Bay, FL	3.0	2.0	1332	$2,000	$1.50	25d	1	1.34mi
171 Okeefe St SE Palm Bay, FL	3.0	2.0	1288	$1,855	$1.44	16d	1	1.43mi
205 Valor Dr SE Palm Bay, FL	1.0–2.0	1.0–2.0	901	$1,937	$2.15	16d	17	1.49mi
1630 Agnes Ave SE Palm Bay, FL	3.0	2.0	924	$1,749	$1.89	21d	1	1.50mi

Listing history 26 events

1. 2026-06-22
   days on market $250,000 Active 109 DOM
2. 2026-06-18
   days on market $250,000 Active 106 DOM
3. 2026-06-17
   days on market $250,000 Active 105 DOM
4. 2026-06-16
   days on market $250,000 Active 104 DOM
5. 2026-06-15
   days on market $250,000 Active 103 DOM
6. 2026-06-14
   days on market $250,000 Active 101 DOM
7. 2026-06-10
   days on market $250,000 Active 98 DOM
8. 2026-06-08
   days on market $250,000 Active 96 DOM
9. 2026-06-07
   days on market $250,000 Active 95 DOM
10. 2026-06-05
    days on market $250,000 Active 92 DOM
11. 2026-06-03
    days on market $250,000 Active 91 DOM
12. 2026-06-02
    days on market $250,000 Active 90 DOM
13. 2026-06-01
    days on market $250,000 Active 89 DOM
14. 2026-05-31
    days on market $250,000 Active 88 DOM
15. 2026-05-31
    days on market $250,000 Active 87 DOM
16. 2026-05-10
    price $250,000
17. 2026-03-08
    price $269,000
18. 2026-03-04
    listed $249,500 Active
19. 2024-01-22
    soldstatus $212,000
20. 2024-01-19
    soldstatus $212,000 Closed 360-char remark

    Show marketing remark (360 chars)

    3/2/2 home located centrally in Palm Bay. With a little TLC this can be a great investment property or home for yourself. Many of the updating has been already done. Some of the upgrades include ceramic 18 x 18 tile throughout, newer exterior siding, and updated kitchen cabinets and bathrooms. Both bathrooms have newer ceramic tile and comfort hight toilets.

21. 2023-10-28
    historical Backups 360-char remark

    Show marketing remark (360 chars)

    3/2/2 home located centrally in Palm Bay. With a little TLC this can be a great investment property or home for yourself. Many of the updating has been already done. Some of the upgrades include ceramic 18 x 18 tile throughout, newer exterior siding, and updated kitchen cabinets and bathrooms. Both bathrooms have newer ceramic tile and comfort hight toilets.

22. 2023-10-12
    status Active 360-char remark

    Show marketing remark (360 chars)

    3/2/2 home located centrally in Palm Bay. With a little TLC this can be a great investment property or home for yourself. Many of the updating has been already done. Some of the upgrades include ceramic 18 x 18 tile throughout, newer exterior siding, and updated kitchen cabinets and bathrooms. Both bathrooms have newer ceramic tile and comfort hight toilets.

23. 2023-09-18
    historical Contingent 360-char remark

    Show marketing remark (360 chars)

    3/2/2 home located centrally in Palm Bay. With a little TLC this can be a great investment property or home for yourself. Many of the updating has been already done. Some of the upgrades include ceramic 18 x 18 tile throughout, newer exterior siding, and updated kitchen cabinets and bathrooms. Both bathrooms have newer ceramic tile and comfort hight toilets.

24. 2023-09-08
    listed $200,000 Active 360-char remark

    Show marketing remark (360 chars)

    3/2/2 home located centrally in Palm Bay. With a little TLC this can be a great investment property or home for yourself. Many of the updating has been already done. Some of the upgrades include ceramic 18 x 18 tile throughout, newer exterior siding, and updated kitchen cabinets and bathrooms. Both bathrooms have newer ceramic tile and comfort hight toilets.

25. 1987-04-01
    soldstatus $34,600
26. 1984-01-01
    soldstatus $279,411

ⓘ 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: $2,096 · $175/mo
• Projected year-2 tax: $2,096 · $175/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 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 22 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,528
• − Mortgage interest: −$14,004
• − Property taxes: −$2,096
• − Insurance: −$1,250
• − Repairs & maintenance: −$1,802
• − Management: −$1,802
• − Depreciation: −$7,273
• Taxable loss: −$5,699
• Est. tax savings @ 24.0%: +$1,368
• After-tax cash flow: $86/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Brevard
• NCES district ID: 1200150
• Math proficiency: 53% ▼ -9.00%
• Reading proficiency: 57% ▼ -4.00%
• Median HH income: $49,426
• Composite: 46.86/100
• National rank: #2370
• State rank: #19 of 73 in FL

Livability — Palm Bay

• Score: 72/100
• State rank: #366
• US rank: #6458

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Palm Bay, FL
• County: Brevard County · 602,871 people
• City population: 132,211
• Metro: Palm Bay-Melbourne-Titusville, FL
• Population (ZIP): 41,804
• Household income: $79,977
• Rent vs Own: 17.3% rent · 82.7% own
• Severe rent burden: 697.0

Population outlook (Brevard County) Hauer SSP2

• Today (2025): 623,254 people
• By 2030: 648,420 · +4.0%
• By 2040: 690,009 · +10.7%
• By 2050: 715,669 · +14.8%
• By 2075: 775,744 · +24.5%
• By 2100: 776,687 · +24.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.70)
• Race & ethnicity: White 46% Black 21% Hispanic / Latino 20% Two or more races 16% Asian 4%
• Hispanic origin (detail): Mexican 2% Puerto Rican 8% Cuban 5%
• Common ancestry: Hispanic 3% Slovak 2% Lithuanian 2%
• Foreign-born: 17% · Canada, China, Jamaica
• Languages at home: 84% English-only · Spanish 9% French/Haitian/Cajun 4% Chinese 1%

Political lean MEDSL · Brevard

• 2024 margin: Strong R (+20.8) · D 39.1% · R 59.9% · Other 1.0%
• 2008→2024 swing: -10.4pp toward R · 2008: -10.4pp · 2024: -20.8pp
• All cycles: 2024: R+20.8 2020: R+16.4 2016: R+19.8 2012: R+12.7 2008: R+10.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 18.81%
• Current HPI: 330.8595
• Rent YoY: ▲ 3.67%
• Metro: Palm Bay-Melbourne-Titusville, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-10.5% since first listed

11 events — show timeline

• 2026-05-10 Price Changed $250,000 SCMLS
• 2026-03-08 Price Changed $269,000 SCMLS
• 2026-03-04 Listed $249,500 SCMLS
• 2024-01-22 Sold (Public Records) $212,000 Public Records
• 2024-01-19 Sold (MLS) $212,000 SCMLS
• 2023-10-28 Contingent — SCMLS
• 2023-10-12 Relisted — SCMLS
• 2023-09-18 Contingent — SCMLS
• 2023-09-08 Listed $200,000 SCMLS
• 1987-04-01 Sold (Public Records) $34,600 Public Records
• 1984-01-01 Sold (Public Records) $279,411 Public Records

Property tax history

+19.6%/yr

Latest (2025): $2,096 · -22.7% YoY. Source: county tax records.