For SaleRisky Deal5 days on market
740 Nelda Ave NE
740 Nelda Ave NE, Palm Bay, FL 32907, Palm Bay, FL 32907
$539,982
Listing Price
740 Nelda Ave NE, Palm Bay, FL 32907
Loc: Palm Bay, FL
Days Listed
5
Tax Assessed
$333k
Lot Size
0.40 acres
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.
6
Lockmar Elementary School
PK-6
0.7 mi away
5
Central Middle School
7-8
3.2 mi away
2
Palm Bay Magnet Senior High School
PK,8-12
3.4 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
traditionaltwo-storybrick exteriorsidingtwo-car garageasphalt shingle roofdrivewaymature treeswoodland settingshadedsuburbanlandscaped
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.19%
Total ROI
93.4%
Cash Flow
$-17/mo
DSCR
0.99
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-17/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • Strong rental demand in Palm Bay
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 |
|---|---|---|---|
| 2026-09-19 | Listed for sale | $539,982 | $232 |
| 2026-01-23 | Sold | $330,000 | $142 |
| 1999-07-30 | Sold | $122,500 | $53 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,697.56 | $143,020 |
| 2024 | $4,634.55 | $138,990 |
| 2023 | $4,581.41 | $134,950 |
| 2022 | $4,476 | $131,020 |
| 2021 | $1,764.93 | $127,210 |
| 2020 | $1,727.12 | $125,460 |
| 2019 | $1,877.61 | $122,640 |
| 2018 | $1,877.61 | $120,360 |
| 2017 | $1,831.8 | $117,890 |
| 2016 | $1,846.58 | $115,470 |
| 2015 | $1,667.83 | $114,670 |
| 2014 | $1,704.79 | $113,760 |
| 2013 | $0 | $116,760 |
| 2012 | $1,653.13 | $110,210 |
| 2011 | $1,823.73 | $117,230 |
| 2010 | $2,239.64 | $145,090 |
| 2009 | $2,101.64 | $177,050 |
| 2008 | $1,967.03 | $229,000 |
| 2007 | $2,082.22 | $267,000 |
| 2005 | $2,162.62 | $255,330 |
| 2004 | $2,289.44 | $188,590 |
| 2003 | $2,360.06 | $161,420 |
| 2002 | $2,301.36 | $150,450 |
| 2001 | $2,243.17 | $137,100 |
| 2000 | $2,118.47 | $128,000 |
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