For SaleRisky Deal5 days on market
275 Quail Dr
275 Quail Dr, Merritt Island, FL 32953, Merritt Island, FL 32953
$489,900
Estimate®:$472,600
Listing Price
275 Quail Dr, Merritt Island, FL 32953
Loc: Merritt Island, FL
Days Listed
5
Tax Assessed
$337k
Estimate®
$473k
Market Rate
Lot Size
10,454 sqft
Rent Estimate
$2,967/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
4
Mila Elementary School
PK-6
0.3 mi away
7
Thomas Jefferson Middle School
7-8
2.5 mi away
5
Merritt Island High School
PK,9-12
1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch-stylestucco exteriortwo-car garagearched windowsingle-storypaver walkwaymanicured lawnsuburbancovered entrywaylight green sidingasphalt shingle roofcontemporarylow-maintenance landscaping
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.32%
Total ROI
52.8%
Cash Flow
$-778/mo
DSCR
0.69
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-778/mo net cash flow with a 4.3% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Merritt Island, FL
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $489,900 | $265 |
| 2021-10-25 | Sold | $390,000 | $211 |
| 2021-09-17 | Contingent | $385,000 | $208 |
| 2021-09-15 | Listed for sale | $385,000 | $208 |
| 2021-09-14 | Pending sale | $385,000 | $208 |
| 2021-08-22 | Contingent | $385,000 | $208 |
| 2021-08-20 | Listed for sale | $385,000 | $208 |
| 2020-05-05 | Sold | $300,000 | $162 |
| 2020-03-22 | Listed for sale | $314,000 | $170 |
| 2009-12-31 | Sold | $175,800 | $95 |
| 2009-03-21 | Listing removed | $215,000 | $116 |
| 2009-02-07 | Price change | $215,000 | $116 |
| 2008-11-09 | Price change | $225,000 | $122 |
| 2008-10-23 | Listed for sale | $235,000 | $127 |
| 2005-04-28 | Sold | $280,000 | $151 |
| 1998-04-01 | Sold | $23,500 | $13 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,408.7 | $337,450 |
| 2024 | $4,146.49 | $329,240 |
| 2023 | $4,110.77 | $319,660 |
| 2022 | $3,843 | $310,350 |
| 2021 | $3,216.04 | $252,950 |
| 2020 | $1,767.43 | $130,920 |
| 2019 | $1,707.07 | $127,980 |
| 2018 | $1,707.07 | $125,600 |
| 2017 | $1,702.01 | $122,170 |
| 2016 | $1,689.33 | $119,660 |
| 2015 | $1,704.73 | $118,830 |
| 2014 | $1,750.16 | $117,890 |
| 2013 | $0 | $123,190 |
| 2012 | $1,342.96 | $114,210 |
| 2011 | $1,539.05 | $125,160 |
| 2010 | $2,290.99 | $140,080 |
| 2009 | $2,199.73 | $180,300 |
| 2008 | $3,209.6 | $208,000 |
| 2007 | $3,202.37 | $210,000 |
| 2005 | $1,746.97 | $202,820 |
| 2004 | $1,754.84 | $156,010 |
| 2003 | $1,807.91 | $139,220 |
| 2002 | $1,568.46 | $121,200 |
| 2001 | $1,528.55 | $103,900 |
| 2000 | $1,402.41 | $93,160 |
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