For SaleNeutral Deal78 days on market
85 Catalina Isle Dr
85 Catalina Isle Dr, Merritt Island, FL 32953, Merritt Island, FL 32953
$390,000
Listing Price
85 Catalina Isle Dr, Merritt Island, FL 32953
Loc: Merritt Island, FL
Days Listed
78
Tax Assessed
$171k
Lot Size
9,148 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
1.7 mi away
7
Thomas Jefferson Middle School
7-8
2.8 mi away
5
Merritt Island High School
PK,9-12
0.5 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 stylesingle-storystucco exteriorattached garagered garage doorpalm treelandscapedlarge front lawnsuburbanwell-maintaineddrivewaylight blue exterior
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.36%
Total ROI
97.1%
Cash Flow
$44/mo
DSCR
1.02
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $44/mo net cash flow with a 6.4% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.4%)
- • 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 |
|---|---|---|---|
| 2026-08-25 | Price change | $390,000 | $195 |
| 2026-07-09 | Listing removed | $3,500 | $2 |
| 2026-07-09 | Listed for sale | $399,000 | $200 |
| 2025-09-10 | Listed for rent | $3,500 | $2 |
| 2025-07-21 | Listing removed | $3,500 | $2 |
| 2025-05-06 | Listed for rent | $3,500 | $2 |
| 2024-09-20 | Listing removed | $4,000 | $2 |
| 2024-09-11 | Price change | $5,000 | $3 |
| 2024-09-10 | Listed for rent | $4,000 | $2 |
| 2023-06-10 | Listing removed | $0 | – |
| 2023-05-26 | Listed for rent | $3,000 | $2 |
| 2023-05-16 | Listing removed | $0 | – |
| 2023-05-08 | Price change | $3,000 | $2 |
| 2023-05-02 | Listed for rent | $4,000 | $2 |
| 2019-12-18 | Sold | $230,000 | $115 |
| 2019-10-21 | Price change | $215,000 | $108 |
| 2019-10-05 | Price change | $225,000 | $113 |
| 2019-08-28 | Price change | $219,000 | $110 |
| 2019-06-21 | Listed for sale | $229,000 | $115 |
| 1985-11-01 | Sold | $66,000 | $33 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2019 | $974.56 | $77,200 |
| 2018 | $974.56 | $75,770 |
| 2017 | $963.5 | $74,220 |
| 2016 | $955.91 | $72,700 |
| 2015 | $965.32 | $72,200 |
| 2014 | $980.32 | $71,630 |
| 2013 | $0 | $80,330 |
| 2012 | $592.25 | $69,400 |
| 2011 | $655.44 | $75,960 |
| 2010 | $663.5 | $98,180 |
| 2009 | $604.93 | $110,430 |
| 2008 | $603.83 | $128,700 |
| 2007 | $754.54 | $147,800 |
| 2005 | $813.66 | $121,180 |
| 2004 | $810.25 | $86,060 |
| 2003 | $829.96 | $87,730 |
| 2002 | $807.93 | $74,830 |
| 2001 | $783.64 | $71,050 |
| 2000 | $712.41 | $62,530 |
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