222 Titan Rd SE · Palm Bay, FL 32909

$359,990

3 bd · 3.0 ba · 1,894 sqft · Land · 204 Days on market

Built 2025 10,000 sqft lot

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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).

• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Cash flow +5.8/30.0
• Schools +4.7/10.0
• Livability +3.6/5.0
• Rent growth +3.4/5.0
• Condition / age +2.5/5.0
• 1% rule +1.2/10.0
• DSCR +0.2/10.0

Listing remarks MLS

Nice property in growing area. Build your home to suit.

Key facts

• Ceramic tile showers
• Built-in closet
• Waterfall countertop

Tags

• BUILT-IN CLOSET
• SPARKLING QUARTZ COUNTERTOPS
• WATERFALL COUNTERTOP
• STAINLESS STEEL APPLIANCES
• CERAMIC TILE SHOWERS
• LAUNDRY ROOM WITH SINK

Property features AI

Exterior

• Parking: Attached 2-car garage (20 x 19)
• Utilities: Well water; Septic tank sewer; Electricity connected
• Home design: Single family residence; One story; North-facing
• Construction: Block and stucco construction; Shingle roof; Built as new construction; Slab foundation
• Exterior features: Exterior lighting; Asphalt road access

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Vinyl
• Bathrooms: 3 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Living room/dining room combo
• Laundry & utility: Laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath land listed at $360k.

Deal economics

• At list price, monthly cash flow is $-723 ($-9k/yr) — negative.
• To cash-flow at today's rent, offer at most $255k (29.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $223k (37.9% below list).
• Recommended offer: $223k (37.9% 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: Westside Elementary School (math 51% / reading 58%, grade C, #892 of 2,144 statewide, top 44%, 798 students, 52% 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-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 rising (+3.7%/yr); 1123 active listings in the ZIP; 20 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).
• 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 $38k of equity ($2k loan paydown + $36k 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 ~$62k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 204 days — a 12% lower offer ($317k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 4y 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 $35k; list at $360k implies a 929% 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→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $223,440 (37.9% 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 204 days. Have you received any prior offers? Is the seller open to a 38% 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: 0.62% ✗
• Cap rate: 3.88%
• Cash-on-cash: -8.60%
• DSCR: 0.62
• GRM: 13.4

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: 18.4%
• Equity multiple: 2.50×
• Total profit: $151,585
• Equity at exit: $324,308

10-year hold

• IRR: 17.2%
• Equity multiple: 5.82×
• Total profit: $485,816
• Equity at exit: $699,381

Cash invested: $100,797 (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: 13.4×

Monthly cashflow live

• Estimated rent: $2,234 high
• Mortgage (P&I): −$1,888
• Tax est. 1.5%: −$450 /mo · $5,400/yr
• Insurance: −$150
• HOA: −$0
• Vacancy / Maint / Mgmt: −$469
• Net cashflow: $-723

Break-even live

Break-even rent $3,149

Max offer price $255,424

Occupancy floor —

Sensitivity live

Price	-10% $-474	-5% $-598	+0% $-723	+5% $-847	+10% $-971
Rent	-10% $-899	-5% $-811	+0% $-723	+5% $-634	+10% $-546
Rate	-1.0pp $-541	-0.5pp $-631	base $-723	+0.5pp $-816	+1.0pp $-911

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: $89,998
• Closing costs: $10,800
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
238 Silver Frost St SE Palm Bay, FL	3.0	2.0	1475	$1,849	$1.25	25d	1	0.27mi
286 Silver Frost St SE Palm Bay, FL	4.0	2.0	1833	$1,925	$1.05	16d	1	0.28mi
291 Foley St SE Palm Bay, FL	4.0	2.0	1833	$2,025	$1.10	15d	1	0.34mi
496 Vanguard St SE Palm Bay, FL	3.0	2.0	1666	$2,150	$1.29	25d	1	0.49mi
3247 Halblum Ave SE Palm Bay, FL	4.0	3.0	1820	$2,516	$1.38	15d	1	0.49mi
486 Dadeville St SE Palm Bay, FL	4.0	2.0	1833	$1,995	$1.09	16d	1	0.56mi
2785 Gabboys Ave SE Palm Bay, FL	3.0	2.0	1475	$1,849	$1.25	25d	1	0.60mi
3270 Framingham Ave SW Palm Bay, FL	4.0	2.0	1856	$2,400	$1.29	25d	1	0.66mi
2749 Freehold Ave SE Palm Bay, FL	3.0	2.0	1386	$1,800	$1.30	25d	1	0.69mi
160 Dailey St SE Palm Bay, FL	4.0	2.0	1795	$2,275	$1.27	25d	1	0.76mi
543 Reading St SE Palm Bay, FL	4.0	2.0	1833	$2,010	$1.10	23d	1	0.84mi
448 Saint Andre Blvd SW Palm Bay, FL	4.0	2.0	2088	$4,000	$1.92	25d	1	0.88mi
555 Gagnon St SE Palm Bay, FL	4.0	3.0	2373	$2,400	$1.01	25d	1	0.93mi
2650 De Groodt Rd SW Palm Bay, FL	4.0	2.0	1874	$2,350	$1.25	16d	1	0.96mi
820 Tedder Rd SE Palm Bay, FL	3.0	2.0	1808	$2,000	$1.11	25d	1	1.16mi
583 Halifax St SW Palm Bay, FL	4.0	2.0	1833	$2,075	$1.13	15d	1	1.20mi
590 Trymore Dr SE Palm Bay, FL	4.0	2.0	1873	$2,250	$1.20	16d	1	1.21mi
2691 Tepee Ave SE Palm Bay, FL	4.0	2.0	1833	$2,040	$1.11	23d	1	1.23mi
1224 Dillard Dr SE Palm Bay, FL	3.0	2.0	1770	$2,336	$1.32	16d	1	1.24mi
2437 Hagoplan Ave SW Palm Bay, FL	3.0	2.0	1840	$2,150	$1.17	25d	1	1.50mi

Listing history 34 events

1. 2026-06-22
   days on market $359,990 Active 204 DOM
2. 2026-06-18
   days on market $359,990 Active 201 DOM
3. 2026-06-17
   days on market $359,990 Active 200 DOM
4. 2026-06-16
   pricedays on market $359,990 Active 199 DOM
5. 2026-06-15
   days on market $364,990 Active 198 DOM
6. 2026-06-14
   days on market $364,990 Active 196 DOM
7. 2026-06-10
   days on market $364,990 Active 193 DOM
8. 2026-06-08
   days on market $364,990 Active 191 DOM
9. 2026-06-07
   days on market $364,990 Active 190 DOM
10. 2026-06-05
    days on market $364,990 Active 187 DOM
11. 2026-06-03
    days on market $364,990 Active 186 DOM
12. 2026-06-02
    days on market $364,990 Active 185 DOM
13. 2026-06-01
    days on market $364,990 Active 184 DOM
14. 2026-05-31
    days on market $364,990 Active 183 DOM
15. 2026-05-31
    days on market $364,990 Active 182 DOM
16. 2026-04-01
    status Active
17. 2026-03-30
    historical
18. 2026-03-04
    status Active
19. 2026-02-24
    status Pending
20. 2026-01-13
    price $364,990
21. 2025-11-19
    listed $369,990 Active
22. 2023-05-12
    soldstatus $35,000
23. 2023-05-10
    status Pending 55-char remark

    Show marketing remark (55 chars)

    Nice property in growing area. Build your home to suit.

24. 2023-05-09
    soldstatus $35,000 Closed 55-char remark

    Show marketing remark (38 chars)

    Nice property to build a sizable home.

25. 2023-05-09
    soldstatus $35,000 Closed 38-char remark

    Show marketing remark (38 chars)

    Nice property to build a sizable home.

26. 2023-01-30
    price $36,500 55-char remark

    Show marketing remark (55 chars)

    Nice property in growing area. Build your home to suit.

27. 2023-01-29
    price $36,500 38-char remark

    Show marketing remark (38 chars)

    Nice property to build a sizable home.

28. 2022-10-28
    price $29,900 55-char remark

    Show marketing remark (38 chars)

    Nice property to build a sizable home.

29. 2022-10-28
    price $29,900 38-char remark

    Show marketing remark (38 chars)

    Nice property to build a sizable home.

30. 2022-10-13
    price $38,500 55-char remark

    Show marketing remark (38 chars)

    Nice property to build a sizable home.

31. 2022-10-13
    price $38,500 38-char remark

    Show marketing remark (38 chars)

    Nice property to build a sizable home.

32. 2022-09-30
    listed $45,000 Active 55-char remark

    Show marketing remark (55 chars)

    Nice property in growing area. Build your home to suit.

33. 2022-05-26
    listed $45,000 Active 38-char remark

    Show marketing remark (38 chars)

    Nice property to build a sizable home.

34. 1998-03-01
    soldstatus $3,500

ⓘ 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 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥106°F today · 21 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: $26,813
• − Mortgage interest: −$20,165
• − Property taxes: −$5,400
• − Insurance: −$1,800
• − Repairs & maintenance: −$2,145
• − Management: −$2,145
• − Depreciation: −$10,472
• Taxable loss: −$15,315
• Est. tax savings @ 24.0%: +$3,675
• After-tax cash flow: $-4,996/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

+10328.3% since first listed

19 events — show timeline

• 2026-04-01 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-03-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2026-03-04 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-02-24 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-01-13 Price Changed $364,990 Stellar MLS as Distributed by MLS Grid
• 2025-11-19 Listed $369,990 Stellar MLS as Distributed by MLS Grid
• 2023-05-12 Sold (Public Records) $35,000 Public Records
• 2023-05-10 Pending — Beaches MLS
• 2023-05-09 Sold (MLS) $35,000 Stellar MLS as Distributed by MLS Grid
• 2023-05-09 Sold (MLS) $35,000 Beaches MLS
• 2023-01-30 Price Changed $36,500 Beaches MLS
• 2023-01-29 Price Changed $36,500 Stellar MLS as Distributed by MLS Grid
• 2022-10-28 Price Changed $29,900 Beaches MLS
• 2022-10-28 Price Changed $29,900 Stellar MLS as Distributed by MLS Grid
• 2022-10-13 Price Changed $38,500 Beaches MLS
• 2022-10-13 Price Changed $38,500 Stellar MLS as Distributed by MLS Grid
• 2022-09-30 Listed $45,000 Beaches MLS
• 2022-05-26 Listed $45,000 Stellar MLS as Distributed by MLS Grid
• 1998-03-01 Sold (Public Records) $3,500 Public Records

Property tax history

+19.1%/yr

Latest (2025): $583 · +8.8% YoY. Source: county tax records.