For SaleRisky Deal128 days on market
349 Hammock Road SE
349 Hammock Road SE, Palm Bay, FL 32909, Palm Bay, FL 32909
$267,500
Estimate®:$266,100
Listing Price
349 Hammock Road SE, Palm Bay, FL 32909
Loc: Palm Bay, FL
Days Listed
128
Tax Assessed
$214k
Estimate®
$266k
Market Rate
Lot Size
0.26 acres
Rent Estimate
$1,975/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.
6
Columbia Elementary School
PK-6
1.7 mi away
3
Southwest Middle School
7-8
2.1 mi away
3
Bayside High School
9-12
0.9 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 exteriortwo-car garagespacious lawnlarge drivewaysuburbancontemporaryresidentialgable roofwell-maintainedneutral color palettefront-facing garage
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.37%
Total ROI
75.5%
Cash Flow
$-192/mo
DSCR
0.86
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-192/mo net cash flow with a 5.4% 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 | Price change | $267,500 | $197 |
| 2026-08-20 | Price change | $269,000 | $198 |
| 2026-08-05 | Price change | $272,000 | $201 |
| 2026-06-15 | Price change | $274,000 | $202 |
| 2026-05-19 | Listed for sale | $279,000 | $206 |
| 2026-04-27 | Sold | $165,000 | $122 |
| 2020-04-24 | Sold | $171,000 | $126 |
| 2020-03-13 | Pending sale | $172,000 | $127 |
| 2020-03-09 | Price change | $172,000 | $127 |
| 2020-02-28 | Price change | $172,900 | $128 |
| 2020-02-24 | Price change | $176,900 | $130 |
| 2020-02-14 | Price change | $178,000 | $131 |
| 2020-01-13 | Listed for sale | $179,000 | $132 |
| 2019-10-03 | Listing removed | $173,900 | $128 |
| 2019-09-13 | Price change | $173,900 | $128 |
| 2019-08-28 | Price change | $175,500 | $129 |
| 2019-08-22 | Price change | $177,000 | $131 |
| 2019-08-15 | Price change | $178,000 | $131 |
| 2019-08-08 | Pending sale | $176,500 | $130 |
| 2019-07-15 | Price change | $176,500 | $130 |
| 2019-07-09 | Price change | $177,500 | $131 |
| 2019-07-03 | Price change | $178,000 | $131 |
| 2019-06-25 | Pending sale | $175,000 | $129 |
| 2019-06-14 | Price change | $175,000 | $129 |
| 2019-05-22 | Price change | $168,000 | $124 |
| 2019-03-06 | Pending sale | $164,900 | $122 |
| 2010-02-18 | Sold | $52,000 | $38 |
| 2005-08-11 | Sold | $129,000 | $95 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,964.03 | $214,000 |
| 2024 | $3,817.9 | $212,600 |
| 2023 | $3,690.85 | $219,390 |
| 2022 | $3,261.37 | $181,860 |
| 2021 | $3,069.98 | $150,120 |
| 2020 | $2,777.73 | $136,100 |
| 2019 | $2,822.87 | $131,720 |
| 2018 | $2,822.87 | $120,870 |
| 2017 | $2,586.64 | $103,890 |
| 2016 | $2,412.64 | $98,160 |
| 2015 | $2,123.33 | $84,360 |
| 2014 | $517.78 | $22,000 |
| 2013 | $0 | $22,000 |
| 2012 | $530.08 | $22,000 |
| 2011 | $1,419.85 | $58,890 |
| 2010 | $1,644.63 | $76,350 |
| 2009 | $1,113.72 | $95,680 |
| 2008 | $1,525.36 | $121,100 |
| 2007 | $2,058.55 | $151,000 |
| 2005 | $2,369.06 | $127,760 |
| 2004 | $1,891.57 | $92,100 |
| 2003 | $1,669.73 | $71,650 |
| 2002 | $1,469.72 | $66,310 |
| 2001 | $1,358.33 | $63,110 |
| 2000 | $1,300.18 | $58,460 |
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