For SaleRisky Deal109 days on market
567 Mimosa Street SW
567 Mimosa Street SW, Palm Bay, FL 32908, Palm Bay, FL 32908
$349,765
Listing Price
567 Mimosa Street SW, Palm Bay, FL 32908
Loc: Palm Bay, FL
Days Listed
109
Tax Assessed
$108k
Lot Size
10,019 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.
6
Westside Elementary School
PK-6
0.9 mi away
3
Southwest Middle School
7-8
3.2 mi away
3
Bayside High School
9-12
0.7 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-storyattached garagesolar panelsarched windowsconcrete drivewaysuburbanlandscapedpitched roofasphalt shinglestraditionalneutral color palette
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.02%
Total ROI
89.7%
Cash Flow
$-60/mo
DSCR
0.97
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-60/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • 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 |
|---|---|---|---|
| 2026-08-27 | Price change | $349,765 | $169 |
| 2026-08-09 | Price change | $364,964 | $177 |
| 2026-07-17 | Price change | $367,898 | $178 |
| 2026-06-27 | Price change | $374,800 | $182 |
| 2026-05-29 | Price change | $379,898 | $184 |
| 2026-05-27 | Price change | $389,700 | $189 |
| 2026-05-06 | Listed for sale | $389,800 | $189 |
| 2006-07-07 | Sold | $257,400 | $125 |
| 2004-09-20 | Sold | $33,000 | $16 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $97.7 | $107,750 |
| 2024 | $94.8 | $104,720 |
| 2023 | $91.48 | $101,670 |
| 2022 | $87.13 | $98,710 |
| 2021 | $349.55 | $95,840 |
| 2020 | $1,281.86 | $94,520 |
| 2019 | $1,419.53 | $92,400 |
| 2018 | $1,419.53 | $90,680 |
| 2017 | $1,389.42 | $88,820 |
| 2016 | $1,398.3 | $87,000 |
| 2015 | $1,211.29 | $86,400 |
| 2014 | $1,223.69 | $85,720 |
| 2013 | $0 | $92,460 |
| 2012 | $878.22 | $83,050 |
| 2011 | $932.14 | $85,250 |
| 2010 | $1,367.23 | $104,590 |
| 2009 | $1,727 | $126,080 |
| 2008 | $2,145.33 | $154,000 |
| 2007 | $3,214.25 | $168,000 |
| 2005 | $440.91 | $22,000 |
| 2004 | $242.06 | $11,000 |
| 2003 | $65.01 | $2,800 |
| 2002 | $55.96 | $2,400 |
| 2001 | $46.37 | $2,000 |
| 2000 | $45.45 | $2,000 |
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