1790 Orchid Ct NW · Palm Bay, FL 32907

$353,990

4 bd · 3.0 ba · 1,941 sqft · Land · 73 Days on market

Built 2026 10,800 sqft lot

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Why this score? — see what drove the F 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).

• ARV discount +7.5/15.0
• Cash flow +7.0/30.0
• Schools +4.7/10.0
• Livability +3.6/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• 1% rule +1.9/10.0
• DSCR +1.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Experience elegance in this newly built home nestled in Palm Bay! The elegant Cambria plan offers separate common areas from private living spaces. The kitchen features gorgeous cabinets, granite countertops, and stainless-steel appliances (Including: range, microwave hood, and dishwasher). One bedroom on the main floor. All other bedrooms, including the laundry room, are on the 2nd floor. In addition, the primary suite has a private bath with dual vanity sinks and a walk-in closet. Highlights also include a game room. This desirable plan also comes complete with a 2-car garage.

Key facts

• Newly built home
• Private bath
• Gorgeous cabinets

Tags

• NEWLY BUILT HOME
• GORGEOUS CABINETS
• GRANITE COUNTERTOPS
• STAINLESS STEEL APPLIANCES
• PRIVATE BATH
• DUAL VANITY SINKS

Property features AI

Finance

• Other: Lot about 0.24 acres (0 to less than 1/4 acre); Asphalt road; Builder permit BL25-09246; Builder license CGC1517458; Living area reported as 1941 square feet
• Financial info: CDD present
• HOA & community: Pets allowed; Not part of a development

Exterior

• Parking: Driveway; Garage with 2 spaces and garage door opener; Attached garage
• Security: Smoke detector(s)
• Utilities: Well water; Septic tank; Electricity connected; Water connected; Sewer connected; Other utilities
• Home design: Single family residence; Two levels; Under construction (projected completion: 2026-08-24); Faces southwest; Residential property (R1 zoning)
• Construction: Block, stucco, and vinyl siding construction; Shingle roof; Slab foundation; New construction (builder: Century Complete, model: CAMBRIA-B6)
• Exterior features: Covered patio; Patio; Exterior lighting; Sidewalk; Sliding doors; Other exterior features

Interior

• Kitchen: Range; Microwave; Dishwasher; Electric water heater
• Bedrooms: 4 bedrooms
• Flooring: Carpet; Vinyl
• Bathrooms: 3 full bathrooms
• Heating & cooling: Central heating (electric / heat pump); Central air conditioning
• Interior features: Open floorplan; Stone counters; Thermostat; Walk-in closets; Insulated / thermal windows
• Laundry & utility: Inside laundry room; Washer hookup; Electric dryer hookup

🏗️ New construction. Builder plan / spec listing (the home may be to-be-built); metrics use comparable previous sales.

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath land listed at $354k.

Deal economics

• At list price, monthly cash flow is $-526 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $278k (21.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $243k (31.3% below list).
• Recommended offer: $243k (31.3% 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: Jupiter Elementary School (math 41% / reading 42%, grade F, #1,437 of 2,144 statewide, top 68%, 732 students, 68% FRL); Central Middle School (math 50% / reading 48%, grade C-, #265 of 571 statewide, top 48%, 1,127 students, 53% FRL); Heritage High School (math 30% / reading 44%, grade F, #340 of 667 statewide, top 52%, 2,007 students, 62% FRL) — zoned schools average 61% FRL vs 43% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 42% at this address vs 55% district-wide (-12 pts) — the specific schools serving this property underperform the Brevard average; the district grade overstates school quality for this exact location.
• Market conditions: Rents flat; 750 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 16d 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 39% of the median local income ($75k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $11k 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 73 days — a 6% lower offer ($333k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 6y 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 $16k; list at $354k implies a 2184% 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; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $243,062 (31.3% 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 73 days. Have you received any prior offers? Is the seller open to a 31% 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: 0.69% ✗
• Cap rate: 4.51%
• Cash-on-cash: -6.37%
• DSCR: 0.72
• GRM: 12.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.93% rent growth · sell at horizon

5-year hold

• IRR: -29.6%
• Equity multiple: 0.03×
• Total profit: $-95,796
• Equity at exit: $52,781

10-year hold

• IRR: -41.9%
• Equity multiple: -0.47×
• Total profit: $-145,945
• Equity at exit: $30,607

Cash invested: $99,117 (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 32907

• Home prices YoY: -10.1%
• Rents YoY: 0.9%
• Active inventory: 750
• Price-to-rent: 12.1×

Monthly cashflow live

• Estimated rent: $2,431 high
• Mortgage (P&I): −$1,856
• Tax est. 1.5%: −$442 /mo · $5,310/yr
• Insurance: −$147
• HOA: −$0
• Vacancy / Maint / Mgmt: −$510
• Net cashflow: $-526

Break-even live

Break-even rent $3,097

Max offer price $277,854

Occupancy floor —

Sensitivity live

Price	-10% $-282	-5% $-404	+0% $-526	+5% $-648	+10% $-771
Rent	-10% $-718	-5% $-622	+0% $-526	+5% $-430	+10% $-334
Rate	-1.0pp $-348	-0.5pp $-436	base $-526	+0.5pp $-618	+1.0pp $-711

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: $88,498
• Closing costs: $10,620
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1830 Diablo Cir SW Palm Bay, FL	3.0	2.0	1451	$1,995	$1.37	15d	1	0.26mi
308 Tamarind Cir NW Palm Bay, FL	3.0	2.0	1350	$2,100	$1.56	25d	1	0.31mi
1975 Diablo Cir SW Palm Bay, FL	4.0	2.0	1801	$2,800	$1.55	14d	1	0.36mi
622 Papillon St SW Palm Bay, FL	5.0	2.5	2400	$2,450	$1.02	13d	1	0.53mi
1572 Holbrook Rd NW Palm Bay, FL	3.0	2.0	1256	$1,945	$1.55	25d	1	0.58mi
1699 Givens Ct NW Palm Bay, FL	3.0	2.0	1458	$1,900	$1.30	15d	1	0.64mi
1388 Hazel St NW Palm Bay, FL	3.0	2.0	1475	$1,894	$1.28	15d	1	0.89mi
1357 Sequoia Rd NW Palm Bay, FL	3.0	2.0	1874	$2,200	$1.17	25d	1	0.93mi
1767 Delaware St NW Palm Bay, FL	3.0	2.0	2121	$2,250	$1.06	25d	1	0.94mi
2701 Pinwherry St NW Palm Bay, FL	4.0	2.5	2100	$2,800	$1.33	14d	1	1.07mi
1357 Mineral Loop Dr NW Palm Bay, FL	3.0	2.0	1738	$2,150	$1.24	15d	1	1.13mi
1146 Kylar Dr NW Palm Bay, FL	4.0	2.0	1635	$2,250	$1.38	14d	1	1.18mi
2585 Roygaris St NW Palm Bay, FL	4.0	2.0	1845	$2,650	$1.44	3d	1	1.24mi
1405 Pace Dr NW Palm Bay, FL	4.0	2.0	1830	$2,500	$1.37	20d	1	1.30mi
938 Soleway Ave NW Palm Bay, FL	3.0	2.0	1867	$2,300	$1.23	14d	1	1.34mi
271 Wendover Rd SW Palm Bay, FL	3.0	2.0	1425	$1,900	$1.33	25d	1	1.37mi
340 Wendover Rd SW Palm Bay, FL	4.0	2.0	2052	$2,200	$1.07	25d	1	1.38mi
1091 Wing Rd SW Palm Bay, FL	4.0	3.0	2000	$2,500	$1.25	25d	1	1.40mi
591 Darien Ave SW Palm Bay, FL	4.0	2.0	2076	$2,750	$1.32	25d	1	1.42mi
838 Gillen Ave NW Palm Bay, FL	3.0	2.0	1416	$1,900	$1.34	15d	1	1.43mi
1019 Early Dr NW Palm Bay, FL	4.0	2.0	2088	$2,000	$0.96	15d	1	1.50mi

Listing history 25 events

1. 2026-06-22
   days on market $353,990 Active 73 DOM
2. 2026-06-18
   days on market $353,990 Active 70 DOM
3. 2026-06-17
   days on market $353,990 Active 69 DOM
4. 2026-06-16
   days on market $353,990 Active 68 DOM
5. 2026-06-15
   days on market $353,990 Active 67 DOM
6. 2026-06-14
   pricedays on market $353,990 Active 65 DOM
7. 2026-06-10
   days on market $352,990 Active 62 DOM
8. 2026-06-08
   days on market $352,990 Active 60 DOM
9. 2026-06-07
   days on market $352,990 Active 59 DOM
10. 2026-06-05
    days on market $352,990 Active 56 DOM
11. 2026-06-03
    days on market $352,990 Active 55 DOM
12. 2026-06-02
    days on market $352,990 Active 54 DOM
13. 2026-06-01
    days on market $352,990 Active 53 DOM
14. 2026-05-31
    days on market $352,990 Active 52 DOM
15. 2026-05-31
    days on market $352,990 Active 51 DOM
16. 2026-04-13
    listed $352,990 Active 585-char remark

    Show marketing remark (585 chars)

    Experience elegance in this newly built home nestled in Palm Bay! The elegant Cambria plan offers separate common areas from private living spaces. The kitchen features gorgeous cabinets, granite countertops, and stainless-steel appliances (Including: range, microwave hood, and dishwasher). One bedroom on the main floor. All other bedrooms, including the laundry room, are on the 2nd floor. In addition, the primary suite has a private bath with dual vanity sinks and a walk-in closet. Highlights also include a game room. This desirable plan also comes complete with a 2-car garage.

17. 2026-04-10
    listed $352,990 Active 34-char remark

    Show marketing remark (34 chars)

    4 bed | 3 bath | 2-bay | 1941 sqft

18. 2026-04-09
    listed $352,990 Active
19. 2021-03-29
    soldstatus $15,500
20. 2021-03-16
    soldstatus $15,500 Closed
21. 2021-01-31
    historical Contingent
22. 2020-10-19
    listed $18,000 Active
23. 2005-09-07
    soldstatus $55,000
24. 2004-09-20
    soldstatus $93,000
25. 2004-09-20
    soldstatus $108,000

ⓘ 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 (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 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: $29,167
• − Mortgage interest: −$19,829
• − Property taxes: −$5,310
• − Insurance: −$1,770
• − Repairs & maintenance: −$2,333
• − Management: −$2,333
• − Depreciation: −$10,298
• Taxable loss: −$12,706
• Est. tax savings @ 24.0%: +$3,049
• After-tax cash flow: $-3,264/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): 49,080
• Household income: $75,311
• Rent vs Own: 13.3% rent · 86.7% own
• Severe rent burden: 702.0

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 0.62)
• Race & ethnicity: White 56% Hispanic / Latino 21% Black 15% Two or more races 14% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 9% Cuban 2% Dominican 3%
• Common ancestry: Romanian 2% Lithuanian 2% Hispanic 2%
• Foreign-born: 16% · Canada, Jamaica
• Languages at home: 77% English-only · Spanish 17% French/Haitian/Cajun 2% Other Indo-European 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: ▼ -34.79%
• Current HPI: 308.9719
• Rent YoY: ▲ 0.93%
• 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

+279.6% since first listed

10 events — show timeline

• 2026-04-13 Listed $352,990 SCMLS
• 2026-04-10 Listed $352,990 Zillow
• 2026-04-09 Listed $352,990 Stellar MLS as Distributed by MLS Grid
• 2021-03-29 Sold (Public Records) $15,500 Public Records
• 2021-03-16 Sold (MLS) $15,500 SCMLS
• 2021-01-31 Contingent — SCMLS
• 2020-10-19 Listed $18,000 SCMLS
• 2005-09-07 Sold (Public Records) $55,000 Public Records
• 2004-09-20 Sold (Public Records) $108,000 Public Records
• 2004-09-20 Sold (Public Records) $93,000 Public Records

Property tax history

+17.3%/yr

Latest (2025): $576 · -2.8% YoY. Source: county tax records.