For SaleNeutral Deal75 days on market
2254 Pelham St NE
2254 Pelham St NE, Palm Bay, FL 32905, Palm Bay, FL 32905
$185,900
Estimate®:$181,400
Listing Price
2254 Pelham St NE, Palm Bay, FL 32905
Loc: Palm Bay, FL
Days Listed
75
Tax Assessed
$131k
Estimate®
$181k
Market Rate
Lot Size
6,970 sqft
Rent Estimate
$1,621/mo
Est. Cash Flow base
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.
7
Palm Bay Elementary School
PK-6
2 mi away
3
Stone Magnet Middle School
7-8
0.5 mi away
2
Palm Bay Magnet Senior High School
PK,8-12
1.3 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 stylesingle storystucco exteriorpaver drivewayarched entrywaypalm treesmature landscapingcozysuburbanwell-maintainedshuttersresidentialshaded lot
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.40%
Total ROI
98.0%
Cash Flow
$27/mo
DSCR
1.03
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $27/mo net cash flow with a 6.4% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.4%)
- • 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 |
|---|---|---|---|
| 2026-09-10 | Price change | $185,900 | $203 |
| 2026-08-20 | Price change | $199,900 | $218 |
| 2026-07-10 | Listed for sale | $204,900 | $224 |
| 2020-09-08 | Sold | $94,900 | $104 |
| 2020-07-21 | Pending sale | $94,900 | $104 |
| 2020-06-01 | Price change | $94,900 | $104 |
| 2020-05-06 | Listed for sale | $99,900 | $109 |
| 2014-12-31 | Sold | $7,800 | $9 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,680.68 | $130,740 |
| 2024 | $2,032.18 | $115,380 |
| 2023 | $2,104.65 | $140,760 |
| 2022 | $1,864.23 | $122,800 |
| 2021 | $1,605.86 | $77,810 |
| 2020 | $782.16 | $36,550 |
| 2019 | $943.67 | $38,010 |
| 2018 | $943.67 | $35,210 |
| 2017 | $885.17 | $28,930 |
| 2016 | $789.06 | $27,800 |
| 2015 | $641.98 | $24,250 |
| 2014 | $452.02 | $15,540 |
| 2013 | $0 | $14,130 |
| 2012 | $463.08 | $19,220 |
| 2011 | $524.4 | $21,750 |
| 2010 | $613.69 | $28,490 |
| 2009 | $713.14 | $35,350 |
| 2008 | $0 | $39,260 |
| 2007 | $0 | $55,060 |
| 2005 | $0 | $45,820 |
| 2004 | $0 | $32,550 |
| 2003 | $0 | $30,040 |
| 2002 | $0 | $26,040 |
| 2001 | $0 | $26,180 |
| 2000 | $0 | $19,730 |
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