For SaleRisky Deal51 days on market
1545 W Coral Ct
1545 W Coral Ct, Merritt Island, FL 32952, Merritt Island, FL 32952
$545,000
Listing Price
1545 W Coral Ct, Merritt Island, FL 32952
Loc: Merritt Island, FL
Days Listed
51
Tax Assessed
$401k
Lot Size
7,405 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Audubon Elementary School
PK-6
0.4 mi away
7
Thomas Jefferson Middle School
7-8
3.6 mi away
5
Merritt Island High School
PK,9-12
1.9 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-stylewaterfrontscreened-in poolboat liftprivate dockstucco exteriorcanal-frontoutdoor living spaceresidentialcoastalsuburbanshingle roofsun deck
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.07%
Total ROI
90.8%
Cash Flow
$-72/mo
DSCR
0.97
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-72/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • Strong rental demand in Merritt Island
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 |
|---|---|---|---|
| 2026-08-16 | Price change | $545,000 | $403 |
| 2026-08-03 | Listed for sale | $560,000 | $414 |
| 2019-09-28 | Listing removed | $389,900 | $288 |
| 2019-09-10 | Listed for sale | $389,900 | $288 |
| 2017-10-11 | Sold | $340,000 | $251 |
| 2017-08-28 | Pending sale | $344,900 | $255 |
| 2017-08-23 | Listed for sale | $344,900 | $255 |
| 2004-05-28 | Sold | $299,000 | $221 |
| 1996-07-12 | Sold | $107,000 | $79 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,935.24 | $310,840 |
| 2024 | $3,717.61 | $302,080 |
| 2023 | $3,685.67 | $293,290 |
| 2022 | $3,441.97 | $284,750 |
| 2021 | $3,611.14 | $276,460 |
| 2020 | $3,592.87 | $272,650 |
| 2019 | $3,558.02 | $266,930 |
| 2018 | $3,558.02 | $261,960 |
| 2017 | $3,574.38 | $164,060 |
| 2016 | $2,243.7 | $160,690 |
| 2015 | $2,275.49 | $159,580 |
| 2014 | $2,312.96 | $155,690 |
| 2013 | $0 | $160,030 |
| 2012 | $1,993.44 | $150,830 |
| 2011 | $2,066.56 | $154,830 |
| 2010 | $2,299.83 | $178,920 |
| 2009 | $2,956.7 | $229,430 |
| 2008 | $3,552.34 | $272,000 |
| 2007 | $3,583.61 | $286,000 |
| 2005 | $4,160.05 | $233,630 |
| 2004 | $1,320.5 | $194,390 |
| 2003 | $1,358.25 | $143,610 |
| 2002 | $1,329.3 | $129,890 |
| 2001 | $1,294.46 | $120,860 |
| 2000 | $1,181.48 | $96,990 |
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