Off MarketRisky Deal142 days on market
483 Freeman Rd NW
483 Freeman Rd NW, Palm Bay, FL 32907, Palm Bay, FL 32907
$299,000
Estimate®:$298,500
Listing Price
483 Freeman Rd NW, Palm Bay, FL 32907
Loc: Palm Bay, FL
Days Listed
142
Tax Assessed
$293k
Estimate®
$299k
Market Rate
Lot Size
10,454 sqft
Rent Estimate
$2,280/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
Christa Mcauliffe Elementary School
PK-6
0.7 mi away
5
Central Middle School
7-8
3.7 mi away
4
Heritage High School
9-12
3.7 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-storytwo-car garagearched entrywaycolumn detailslarge drivewaysuburbanpalm treetiled roofresidentialneutral color palette
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.48%
Total ROI
78.1%
Cash Flow
$-185/mo
DSCR
0.88
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-185/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 |
|---|---|---|---|
| 2026-09-24 | Listing removed | $299,000 | $144 |
| 2026-08-19 | Listed for sale | $299,000 | $144 |
| 2026-08-11 | Pending sale | $299,000 | $144 |
| 2026-08-03 | Price change | $299,000 | $144 |
| 2026-07-09 | Price change | $320,000 | $154 |
| 2026-05-04 | Listed for sale | $330,000 | $158 |
| 2004-02-24 | Sold | $149,000 | $72 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,384.44 | $292,620 |
| 2024 | $5,132.57 | $286,200 |
| 2023 | $4,958.45 | $294,980 |
| 2022 | $4,420.81 | $251,540 |
| 2021 | $4,156.98 | $207,150 |
| 2020 | $3,783.35 | $189,840 |
| 2019 | $3,788.22 | $183,290 |
| 2018 | $3,788.22 | $172,530 |
| 2017 | $3,490.73 | $155,090 |
| 2016 | $3,285.04 | $142,270 |
| 2015 | $2,924.99 | $115,010 |
| 2014 | $2,446.07 | $104,560 |
| 2013 | $0 | $87,300 |
| 2012 | $1,882.95 | $78,150 |
| 2011 | $1,999.45 | $82,930 |
| 2010 | $2,152.77 | $99,940 |
| 2009 | $2,425.92 | $120,250 |
| 2008 | $2,949.48 | $157,000 |
| 2007 | $3,214.25 | $168,000 |
| 2005 | $3,201.6 | $152,950 |
| 2004 | $253.06 | $11,500 |
| 2003 | $116.09 | $5,000 |
| 2002 | $58.31 | $2,500 |
| 2001 | $57.99 | $2,500 |
| 2000 | $56.83 | $2,500 |
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