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725 Port Malabar Blvd NE #106
D+ Composite 49.75
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 +14.1/30.0
  • 1% rule +8.6/10.0
  • ARV discount +7.5/15.0
  • Schools +4.7/10.0
  • DSCR +4.3/10.0
  • Livability +3.6/5.0
  • Condition / age +2.5/5.0
  • Rent growth +2.4/5.0
  • Appreciation +2.2/10.0

$135,000

725 Port Malabar Blvd NE #106 · Palm Bay, FL 32905
2 bd · 2.0 ba · 1,184 sqft · Condo public records · 293 Days on market
Built 1973 $500/mo HOA · 27% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Enjoying your retirement in this beautiful 2-bedroom, 2 bath condo. Quiet community with great neighbors. close to shopping, New A/C in 2019, New Water heater 2022, and condo roof was 2022.

Key facts

  • Updated appliances
  • Natural light
  • Wood tile flooring

Tags

FIRST FLOOR CORNER UNITUPDATED APPLIANCESWOOD TILE FLOORINGNATURAL LIGHTQUICK ACCESS TO I-95LOW MAINTENANCE LIVING

Property features AI

Finance

  • Other: Unfurnished unit
  • HOA & community: Association: Fairways Of Brevard; Monthly association fee; Association amenities include elevator(s), grounds maintenance, trash, water and others; Association fee covers insurance, internet, grounds maintenance, sewer, trash and water; Senior community

Exterior

  • Parking: Assigned parking in a parking lot; Additional parking available
  • Security: Security gate; Smoke detectors
  • Utilities: Public sewer; Cable available; Electricity available and connected; Sewer available and connected; Water available and connected
  • Home design: Condominium; Property is attached; Entry level: 1; Three or more levels; Faces east; Multi-family use
  • Construction: Block, concrete and stucco construction; Membrane/other roof; 3 stories
  • Exterior features: Private in-ground pool; Glass-enclosed patio; Patio; Sprinklers in front and rear; City street frontage; Asphalt road surface

Interior

  • Kitchen: Dishwasher; Disposal; Electric oven; Electric range; Refrigerator
  • Bedrooms: 2 bedrooms
  • Flooring: Tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating (electric); Central air; Electric cooling; Split system
  • Interior features: Ceiling fans; Primary bathroom with tub and shower; Split bedroom layout; Walk-in closet(s)
  • Laundry & utility: Electric water heater

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 2-bed/2.0-bath condo listed at $135k.

Deal economics

  • At list price, monthly cash flow is $19 ($224/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $135k).
  • Recommended offer: $119k (12.0% below list) — sets the bar for market timing.

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: Riviera Elementary School (math 56% / reading 48%, grade C-, #990 of 2,144 statewide, top 48%, 696 students, 72% FRL); Stone Magnet Middle School (math 33% / reading 35%, grade F, #426 of 571 statewide, top 75%, 670 students, 69% FRL); Palm Bay Magnet Senior High School (math 25% / reading 37%, grade F, #429 of 667 statewide, top 65%, 1,486 students, 63% FRL) — zoned schools average 68% FRL vs 43% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 39% at this address vs 55% district-wide (-16 pts) — the specific schools serving this property underperform the Brevard average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents soft (-0.5%/yr); 321 active listings in the ZIP; 40 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).
  • This rent runs 39% of the median local income ($56k/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 $933 of loan paydown is wiped out by about $4k 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 293 days — a 12% lower offer ($119k) is reasonable based on typical stale-listing flexibility.
  • 12 sale attempts since 6y ago; this cycle's ask has dropped $70k (34%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: HOA is 27% of rent.
  • 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 $118,800 (12.0% below list)

Questions for the listing agent

  1. It's been on market 293 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 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. 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?
  8. 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.
  9. 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.
  10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.36%
Cap rate
6.46%
Cash-on-cash
0.59%
DSCR
1.03
GRM
6.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-20.4%
Equity multiple
0.32×
Total profit
$-25,723
Equity at exit
$20,129
10-year hold
IRR
-29.7%
Equity multiple
-0.07×
Total profit
$-40,267
Equity at exit
$11,672

Cash invested: $37,800 (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.

ZIP-level market 32905

Home prices YoY
-1.8%
Rents YoY
-0.5%
Active inventory
321
Price-to-rent
6.1×

Monthly cashflow live

Estimated rent
$1,832 high interval (Pro) →
Mortgage (P&I)
$708
Tax from tax record
$164 /mo · $1,974/yr
Insurance
$56
HOA
$500
Vacancy / Maint / Mgmt
$385
Net cashflow
$19

Break-even live

Break-even rent $1,808
Max offer price $135,000
Occupancy floor 94%

Sensitivity live

Price -10% $95 -5% $57 +0% $19 +5% $-20 +10% $-58
Rent -10% $-126 -5% $-54 +0% $19 +5% $91 +10% $163
Rate -1.0pp $87 -0.5pp $53 base $19 +0.5pp $-16 +1.0pp $-52

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
$33,750
Closing costs
$4,050
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 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1625 Par St NE Unit 1205 Palm Bay, FL 3.0 2.0 1208 $2,300 $1.90 25d 1 0.25mi
1625 Par St NE Unit 1203 Palm Bay, FL 3.0 2.0 1208 $2,075 $1.72 25d 1 0.25mi
1605 Par St NE Unit 3204 Palm Bay, FL 3.0 2.0 1208 $2,000 $1.66 25d 1 0.26mi
1605 Par St NE Unit 3202 Palm Bay, FL 3.0 2.0 1208 $2,300 $1.90 25d 1 0.26mi
1605 Par St NE Unit 3102 Palm Bay, FL 2.0 2.0 1025 $2,100 $2.05 25d 1 0.26mi
1635 Par St NE Unit 2203 Palm Bay, FL 3.0 2.0 1208 $2,300 $1.90 25d 1 0.26mi
1635 Par St NE Unit 2103 Palm Bay, FL 2.0 2.0 1025 $2,100 $2.05 25d 1 0.26mi
1625 Par St NE Unit 1206 Palm Bay, FL 3.0 2.0 1208 $2,050 $1.70 25d 1 0.27mi
1625 Par St NE Unit 1107 Palm Bay, FL 2.0 2.0 1025 $1,875 $1.83 25d 1 0.27mi
1625 Par St NE Unit 1104 Palm Bay, FL 2.0 2.0 1025 $2,100 $2.05 25d 1 0.27mi
1625 Par St NE Unit 1207 Palm Bay, FL 3.0 2.0 1208 $2,025 $1.68 25d 1 0.27mi
1656 Sunny Brook Ln NE Unit L102 Palm Bay, FL 3.0 2.0 914 $1,690 $1.85 22d 1 0.39mi
1608 Sunny Brook Ln Palm Bay, FL 1.0–3.0 1.0–2.0 1040 $1,412 $1.36 25d 6 0.42mi
3513 Tree Ridge Ln NE Palm Bay, FL 2.0 2.5 1170 $2,000 $1.71 25d 1 0.43mi
1687 Avery Rd NE Palm Bay, FL 2.0 2.0 876 $1,800 $2.05 25d 1 0.43mi
3814 Tree Ridge Ln NE Palm Bay, FL 2.0 2.5 1170 $1,500 $1.28 25d 1 0.49mi
1641 Sunny Brook Ln NE Palm Bay, FL 2.0 2.0 862 $1,500 $1.74 15d 3 0.53mi
1649 Sunny Brook Ln NE Palm Bay, FL 1.0–2.0 1.0–2.0 760 $1,950 $2.57 15d 2 0.53mi
1601 Sunny Brook Ln NE Unit D101 Palm Bay, FL 2.0 2.0 846 $1,550 $1.83 25d 1 0.53mi
1625 Sunny Brook Ln NE Unit G103 Palm Bay, FL 3.0 2.0 914 $1,700 $1.86 25d 1 0.53mi
2100 Forest Knoll Dr NE #202 Palm Bay, FL 2.0 2.0 1069 $1,600 $1.50 15d 1 0.56mi
1555 Omega St NE Palm Bay, FL 2.0 2.0 1176 $1,795 $1.53 25d 1 0.57mi
1123 Tree Ridge Ln NE Palm Bay, FL 2.0 1.0 870 $1,350 $1.55 25d 1 0.57mi
2130 Forest Knoll Dr NE #202 Palm Bay, FL 2.0 2.0 1069 $1,450 $1.36 25d 1 0.58mi
1701 Forest Knoll Dr NE Palm Bay, FL 2.0–3.0 2.0 1200 $1,499 $1.25 15d 5 0.59mi
2160 Forest Knoll Dr NE Unit 60-102 Palm Bay, FL 2.0 2.0 1069 $1,350 $1.26 25d 1 0.62mi
2190 Forest Knoll Dr NE Unit 90-202 Palm Bay, FL 2.0 2.0 1069 $1,400 $1.31 25d 1 0.64mi
1264 Dawn St NE Palm Bay, FL 3.0 2.0 1176 $1,950 $1.66 15d 1 0.72mi
1265 Ethel Cir NE Palm Bay, FL 3.0 2.0 1346 $1,750 $1.30 15d 1 0.79mi
1311 Cindy Cir NE Palm Bay, FL 2.0 2.0 865 $1,700 $1.97 25d 1 0.85mi
1099 Dania Cir NE Palm Bay, FL 3.0 2.0 1314 $2,300 $1.75 25d 1 0.86mi
1907 Cleveland St NE Palm Bay, FL 3.0 2.0 1320 $1,985 $1.50 25d 1 0.88mi
1000 Palm Place Dr NE Palm Bay, FL 1.0–2.0 1.0–2.0 884 $2,185 $2.47 22d 8 0.93mi
331 Holiday Park Blvd NE Palm Bay, FL 2.0 2.0 920 $1,350 $1.47 25d 1 0.93mi
453 Ralwood Ln NE Palm Bay, FL 3.0 2.0 1160 $1,900 $1.64 25d 1 0.95mi
1030 Abada Ct NE #110 Palm Bay, FL 3.0 2.0 1163 $1,800 $1.55 25d 1 1.01mi
1411 Sheafe Ave NE #102 Palm Bay, FL 2.0 1.0 1156 $1,550 $1.34 25d 1 1.03mi
1706 Apache St NE Palm Bay, FL 3.0 2.0 1395 $1,800 $1.29 25d 1 1.04mi
1431 Sheafe Ave NE #104 Palm Bay, FL 3.0 2.0 1163 $1,500 $1.29 25d 1 1.06mi
1440 Sheafe Ave NE Palm Bay, FL 2.0 2.0 793 $1,500 $1.89 22d 1 1.11mi

HOA detail condo

Monthly dues
$500 · $6,000/yr
Likely covers
water
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 50 events

  1. 2026-06-18
    days on market $135,000 Active 293 DOM
  2. 2026-06-17
    days on market $135,000 Active 292 DOM
  3. 2026-06-16
    days on market $135,000 Active 291 DOM
  4. 2026-06-15
    days on market $135,000 Active 290 DOM
  5. 2026-06-14
    days on market $135,000 Active 288 DOM
  6. 2026-06-10
    days on market $135,000 Active 285 DOM
  7. 2026-06-08
    days on market $135,000 Active 283 DOM
  8. 2026-06-07
    days on market $135,000 Active 282 DOM
  9. 2026-06-05
    days on market $135,000 Active 279 DOM
  10. 2026-06-03
    days on market $135,000 Active 278 DOM
  11. 2026-06-02
    days on market $135,000 Active 277 DOM
  12. 2026-06-01
    days on market $135,000 Active 276 DOM
  13. 2026-05-31
    days on market $135,000 Active 275 DOM
  14. 2026-05-31
    days on market $135,000 Active 274 DOM
  15. 2026-05-18
    price $135,000
  16. 2026-05-11
    price $140,000
  17. 2026-05-11
    status Active
  18. 2026-05-04
    historical Active Under Contract
  19. 2026-02-24
    price $150,000
  20. 2025-12-16
    price $180,000
  21. 2025-08-29
    listed $205,000 Active
  22. 2025-08-21
    historical 191-char remark
    Show marketing remark (191 chars)

    Enjoying your retirement in this beautiful 2-bedroom, 2 bath condo. Quiet community with great neighbors. close to shopping, New A/C in 2019, New Water heater 2022, and condo roof was 2022.

  23. 2025-02-21
    listed $208,000 Active 191-char remark
    Show marketing remark (191 chars)

    Enjoying your retirement in this beautiful 2-bedroom, 2 bath condo. Quiet community with great neighbors. close to shopping, New A/C in 2019, New Water heater 2022, and condo roof was 2022.

  24. 2023-06-14
    soldstatus $192,500
  25. 2023-06-12
    soldstatus $192,500 Closed 789-char remark
    Show marketing remark (789 chars)

    Your golden years look sunny in this 2 bed/2 bath 55+ condo! This tranquil community comes complete with pool, sun deck, assigned parking, walking paths, and lush green spaces — all you need to relax and unwind. Inside the condo, you'll find a functional layout, including convenient galley-style kitchen, dining area, and large walk-in closet. Wood-look ceramic tile unifies every space of the condo, giving it rustic-chic charm and low-maintenance durability. And the breezy screened-in porch is icing on the cake! First floor location provides ease of access with front and rear door entrances. Updates include newer A/C (2019), water heater (2022), and condo building roof (2022). And HOA fees cover water, sewer, cable, internet, trash, and the no-charge community laundry room.

  26. 2023-06-12
    soldstatus $192,500 Closed
    Show marketing remark (789 chars)

    Your golden years look sunny in this 2 bed/2 bath 55+ condo! This tranquil community comes complete with pool, sun deck, assigned parking, walking paths, and lush green spaces — all you need to relax and unwind. Inside the condo, you'll find a functional layout, including convenient galley-style kitchen, dining area, and large walk-in closet. Wood-look ceramic tile unifies every space of the condo, giving it rustic-chic charm and low-maintenance durability. And the breezy screened-in porch is icing on the cake! First floor location provides ease of access with front and rear door entrances. Updates include newer A/C (2019), water heater (2022), and condo building roof (2022). And HOA fees cover water, sewer, cable, internet, trash, and the no-charge community laundry room.

  27. 2023-05-23
    status Pending
  28. 2023-05-19
    historical Contingent 789-char remark
    Show marketing remark (789 chars)

    Your golden years look sunny in this 2 bed/2 bath 55+ condo! This tranquil community comes complete with pool, sun deck, assigned parking, walking paths, and lush green spaces — all you need to relax and unwind. Inside the condo, you'll find a functional layout, including convenient galley-style kitchen, dining area, and large walk-in closet. Wood-look ceramic tile unifies every space of the condo, giving it rustic-chic charm and low-maintenance durability. And the breezy screened-in porch is icing on the cake! First floor location provides ease of access with front and rear door entrances. Updates include newer A/C (2019), water heater (2022), and condo building roof (2022). And HOA fees cover water, sewer, cable, internet, trash, and the no-charge community laundry room.

  29. 2023-04-20
    status Active
  30. 2023-04-19
    status Active 789-char remark
    Show marketing remark (789 chars)

    Your golden years look sunny in this 2 bed/2 bath 55+ condo! This tranquil community comes complete with pool, sun deck, assigned parking, walking paths, and lush green spaces — all you need to relax and unwind. Inside the condo, you'll find a functional layout, including convenient galley-style kitchen, dining area, and large walk-in closet. Wood-look ceramic tile unifies every space of the condo, giving it rustic-chic charm and low-maintenance durability. And the breezy screened-in porch is icing on the cake! First floor location provides ease of access with front and rear door entrances. Updates include newer A/C (2019), water heater (2022), and condo building roof (2022). And HOA fees cover water, sewer, cable, internet, trash, and the no-charge community laundry room.

  31. 2023-04-03
    status Pending
    Show marketing remark (789 chars)

    Your golden years look sunny in this 2 bed/2 bath 55+ condo! This tranquil community comes complete with pool, sun deck, assigned parking, walking paths, and lush green spaces — all you need to relax and unwind. Inside the condo, you'll find a functional layout, including convenient galley-style kitchen, dining area, and large walk-in closet. Wood-look ceramic tile unifies every space of the condo, giving it rustic-chic charm and low-maintenance durability. And the breezy screened-in porch is icing on the cake! First floor location provides ease of access with front and rear door entrances. Updates include newer A/C (2019), water heater (2022), and condo building roof (2022). And HOA fees cover water, sewer, cable, internet, trash, and the no-charge community laundry room.

  32. 2023-04-03
    historical Contingent 789-char remark
    Show marketing remark (789 chars)

    Your golden years look sunny in this 2 bed/2 bath 55+ condo! This tranquil community comes complete with pool, sun deck, assigned parking, walking paths, and lush green spaces — all you need to relax and unwind. Inside the condo, you'll find a functional layout, including convenient galley-style kitchen, dining area, and large walk-in closet. Wood-look ceramic tile unifies every space of the condo, giving it rustic-chic charm and low-maintenance durability. And the breezy screened-in porch is icing on the cake! First floor location provides ease of access with front and rear door entrances. Updates include newer A/C (2019), water heater (2022), and condo building roof (2022). And HOA fees cover water, sewer, cable, internet, trash, and the no-charge community laundry room.

  33. 2023-03-30
    listed $192,500 Active
  34. 2023-03-28
    listed $192,500 Active 789-char remark
    Show marketing remark (789 chars)

    Your golden years look sunny in this 2 bed/2 bath 55+ condo! This tranquil community comes complete with pool, sun deck, assigned parking, walking paths, and lush green spaces — all you need to relax and unwind. Inside the condo, you'll find a functional layout, including convenient galley-style kitchen, dining area, and large walk-in closet. Wood-look ceramic tile unifies every space of the condo, giving it rustic-chic charm and low-maintenance durability. And the breezy screened-in porch is icing on the cake! First floor location provides ease of access with front and rear door entrances. Updates include newer A/C (2019), water heater (2022), and condo building roof (2022). And HOA fees cover water, sewer, cable, internet, trash, and the no-charge community laundry room.

  35. 2021-12-02
    soldstatus $135,000
  36. 2021-12-02
    listed $135,000
  37. 2021-12-02
    soldstatus $135,000
  38. 2021-12-01
    soldstatus $135,000 Closed
  39. 2021-11-16
    status Pending
  40. 2021-11-13
    listed $135,000 Active
  41. 2020-07-15
    soldstatus $100,000 Closed
  42. 2020-07-15
    soldstatus $100,000
  43. 2020-06-23
    historical Contingent
  44. 2020-05-07
    status Active
  45. 2020-05-01
    historical Contingent
  46. 2020-04-06
    status Active
  47. 2020-03-09
    historical Contingent
  48. 2020-02-25
    listed $105,000 Active
  49. 2018-07-30
    soldstatus $83,486
  50. 1999-04-09
    soldstatus $58,000

ⓘ 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
$1,974 · $164/mo
Projected year-2 tax
$1,974 · $164/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 1/10 Low
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥106°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

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$21,985
− Mortgage interest
−$7,562
− Property taxes
−$1,974
− Insurance
−$675
− Repairs & maintenance
−$1,759
− Management
−$1,759
− HOA
−$6,000
− Depreciation
−$3,927
Taxable loss
−$1,671
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$401
After-tax cash flow
$625/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)
24,792
Household income
$56,411
Rent vs Own
44.0% rent · 56.0% own
Severe rent burden
1962.0

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 0.57)
Race & ethnicity
White 61% Hispanic / Latino 16% Black 16% Two or more races 11% Asian 2%
Hispanic origin (detail)
Mexican 1% Puerto Rican 4% Cuban 4%
Common ancestry
Romanian 2% Hispanic 2% Slovak 2%
Foreign-born
13% · Canada, Jamaica
Languages at home
83% English-only · Spanish 12% French/Haitian/Cajun 2% Other Indo-European 2%

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
▼ -5.59%
Current HPI
309.8748
Rent YoY
▼ -0.52%
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

+505.4% since first listed
38 events — show timeline
  • 2026-05-18 Price Changed $135,000 SCMLS
  • 2026-05-11 Price Changed $140,000 SCMLS
  • 2026-05-11 Relisted SCMLS
  • 2026-05-04 Contingent SCMLS
  • 2026-02-24 Price Changed $150,000 SCMLS
  • 2025-12-16 Price Changed $180,000 SCMLS
  • 2025-08-29 Listed $205,000 SCMLS
  • 2025-08-21 Listing Removed SCMLS
  • 2025-02-21 Listed $208,000 SCMLS
  • 2023-06-14 Sold (Public Records) $192,500 Public Records
  • 2023-06-12 Sold (MLS) $192,500 Stellar MLS as Distributed by MLS Grid
  • 2023-06-12 Sold (MLS) $192,500 SCMLS
  • 2023-05-23 Pending Stellar MLS as Distributed by MLS Grid
  • 2023-05-19 Contingent SCMLS
  • 2023-04-20 Relisted Stellar MLS as Distributed by MLS Grid
  • 2023-04-19 Relisted SCMLS
  • 2023-04-03 Pending Stellar MLS as Distributed by MLS Grid
  • 2023-04-03 Contingent SCMLS
  • 2023-03-30 Listed $192,500 Stellar MLS as Distributed by MLS Grid
  • 2023-03-28 Listed $192,500 SCMLS
  • 2021-12-02 Sold (Public Records) $135,000 Public Records
  • 2021-12-02 Listed $135,000 SCMLS
  • 2021-12-02 Sold (MLS) $135,000 SCMLS
  • 2021-12-01 Sold (MLS) $135,000 Stellar MLS as Distributed by MLS Grid
  • 2021-11-16 Pending Stellar MLS as Distributed by MLS Grid
  • 2021-11-13 Listed $135,000 Stellar MLS as Distributed by MLS Grid
  • 2020-07-15 Sold (Public Records) $100,000 Public Records
  • 2020-07-15 Sold (MLS) $100,000 SCMLS
  • 2020-06-23 Contingent SCMLS
  • 2020-05-07 Relisted SCMLS
  • 2020-05-01 Contingent SCMLS
  • 2020-04-06 Relisted SCMLS
  • 2020-03-09 Contingent SCMLS
  • 2020-02-25 Listed $105,000 SCMLS
  • 2018-07-30 Sold (Public Records) $83,486 Public Records
  • 1999-04-09 Sold (Public Records) $58,000 Public Records
  • 1985-11-01 Sold (Public Records) $57,500 Public Records
  • 1974-04-01 Sold (Public Records) $22,300 Public Records

Property tax history

+8.6%/yr

Latest (2025): $1,974 · -8.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…