For SaleRisky Deal16 days on market
2345 Marsh Harbor Ave
2345 Marsh Harbor Ave, Merritt Island, FL 32952, Merritt Island, FL 32952
$595,000
Estimate®:$574,600
Listing Price
2345 Marsh Harbor Ave, Merritt Island, FL 32952
Loc: Merritt Island, FL
Days Listed
16
Tax Assessed
$649k
Estimate®
$575k
Market Rate
Lot Size
0.40 acres
Rent Estimate
$4,086/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.
8
Tropical Elementary School
PK-6
2 mi away
7
Thomas Jefferson Middle School
7-8
1.3 mi away
5
Merritt Island High School
PK,9-12
4.6 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 exteriorsingle-storycoastal aestheticspacious lawnmanicured hedgespalm treesarched windowssuburbanhip rooflight gray roofingwell-maintained landscapingairyresidential
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.68%
Total ROI
60.5%
Cash Flow
$-769/mo
DSCR
0.75
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-769/mo net cash flow with a 4.7% 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 |
|---|---|---|---|
| 2026-09-07 | Price change | $595,000 | $248 |
| 2026-07-03 | Price change | $619,000 | $258 |
| 2026-03-24 | Price change | $639,000 | $266 |
| 2026-01-06 | Price change | $649,000 | $271 |
| 2025-11-18 | Price change | $695,000 | $290 |
| 2025-11-05 | Price change | $750,000 | $313 |
| 2025-10-20 | Listed for sale | $795,000 | $332 |
| 2003-03-25 | Sold | $279,900 | $117 |
| 2002-05-08 | Sold | $50,000 | $21 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,279.35 | $321,740 |
| 2024 | $3,983.63 | $312,680 |
| 2023 | $3,944.08 | $303,580 |
| 2022 | $3,742.03 | $294,740 |
| 2021 | $3,913.47 | $286,160 |
| 2020 | $3,855.56 | $282,210 |
| 2019 | $3,813.62 | $275,870 |
| 2018 | $3,813.62 | $270,730 |
| 2017 | $3,827.63 | $265,170 |
| 2016 | $3,872.41 | $259,720 |
| 2015 | $3,944.56 | $257,920 |
| 2014 | $4,103.29 | $255,880 |
| 2013 | $0 | $258,520 |
| 2012 | $3,717.49 | $247,890 |
| 2011 | $3,845.51 | $254,890 |
| 2010 | $4,102.15 | $289,120 |
| 2009 | $3,885.92 | $328,150 |
| 2008 | $3,886.59 | $382,000 |
| 2007 | $3,782.94 | $390,000 |
| 2005 | $4,173.01 | $400,320 |
| 2004 | $4,198.63 | $303,910 |
| 2003 | $4,616.92 | $273,460 |
| 2002 | $550.28 | $28,000 |
| 2001 | $547.61 | $28,000 |
| 2000 | $522.46 | $28,000 |
Similar Properties Nearby
Explore other investment opportunities in Merritt Island.