For SaleRisky Deal7 days on market
1438 Gray St SE
1438 Gray St SE, Palm Bay, FL 32909, Palm Bay, FL 32909
$285,000
Estimate®:$278,200
Listing Price
1438 Gray St SE, Palm Bay, FL 32909
Loc: Palm Bay, FL
Days Listed
7
Tax Assessed
$243k
Estimate®
$278k
Market Rate
Lot Size
10,019 sqft
Rent Estimate
$2,136/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.
5
Sunrise Elementary School
PK-6
0.8 mi away
3
Southwest Middle School
7-8
5.2 mi away
3
Bayside High School
9-12
3.5 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 stylestucco exteriorsingle-storytwo-car garageconcrete drivewayarched windowpalm treeslarge front yardsuburbanresidentialwell-maintainedgabled roofsunnylandscaped
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.46%
Total ROI
77.5%
Cash Flow
$-183/mo
DSCR
0.88
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-183/mo net cash flow with a 5.5% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Palm Bay, 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 |
|---|---|---|---|
| 2026-09-16 | Listed for sale | $285,000 | $166 |
| 2001-01-18 | Sold | $89,800 | $52 |
| 2000-07-18 | Sold | $4,000 | $2 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,986.52 | $243,170 |
| 2024 | $2,395.83 | $85,820 |
| 2023 | $2,357.58 | $83,330 |
| 2022 | $2,281.45 | $80,910 |
| 2021 | $796.48 | $78,560 |
| 2020 | $775.19 | $77,480 |
| 2019 | $911.5 | $75,740 |
| 2018 | $911.5 | $74,330 |
| 2017 | $898.68 | $72,810 |
| 2016 | $930.73 | $71,320 |
| 2015 | $766.55 | $70,830 |
| 2014 | $791.57 | $70,270 |
| 2013 | $0 | $75,270 |
| 2012 | $748.82 | $68,090 |
| 2011 | $768.89 | $70,480 |
| 2010 | $953.66 | $85,390 |
| 2009 | $1,036.44 | $101,680 |
| 2008 | $976.04 | $126,000 |
| 2007 | $1,157.3 | $138,000 |
| 2005 | $2,706.54 | $133,640 |
| 2004 | $2,022.3 | $93,670 |
| 2003 | $1,286.84 | $76,190 |
| 2002 | $1,776.62 | $71,480 |
| 2001 | $1,623.61 | $67,690 |
| 2000 | $56.83 | $2,500 |
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