Off MarketExcellent Deal179 days on market
2263 Monroe St NE
2263 Monroe St NE, Palm Bay, FL 32905, Palm Bay, FL 32905
$119,900
Listing Price
2263 Monroe St NE, Palm Bay, FL 32905
Loc: Palm Bay, FL
Days Listed
179
Tax Assessed
$93k
Lot Size
6,970 sqft
Rent Estimate
$1,838/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 stylestucco sidingboarded windowsneglecteddrivewaydistressedneeds renovationfixer-upperone-storyurban decayresidential propertyoutdoor space
Haven AI Verdict
Recommendation
Excellent
Confidence Score: 10/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
11.90%
Total ROI
217.6%
Cash Flow
$567/mo
DSCR
1.91
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $567/mo net cash flow with a 11.9% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (11.9%)
- • 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 |
|---|---|---|---|
| 2026-03-11 | Sold | $70,100 | $47 |
| 2024-02-13 | Listing removed | $0 | – |
| 2024-02-03 | Listed for rent | $1,875 | $1 |
| 2024-02-03 | Listing removed | $0 | – |
| 2023-12-29 | Price change | $1,875 | $1 |
| 2023-11-03 | Listed for rent | $2,200 | $1 |
| 2023-10-05 | Listing removed | $0 | – |
| 2023-09-28 | Contingent | $219,900 | $149 |
| 2023-09-26 | Pending sale | $219,500 | $148 |
| 2023-09-16 | Price change | $219,500 | $148 |
| 2023-09-06 | Price change | $219,900 | $149 |
| 2023-08-17 | Listed for sale | $229,500 | $155 |
| 2023-07-26 | Contingent | $230,900 | $156 |
| 2023-07-21 | Listed for sale | $230,900 | $156 |
| 2023-07-12 | Pending sale | $230,900 | $156 |
| 2023-07-12 | Contingent | $230,900 | $156 |
| 2023-06-30 | Price change | $230,900 | $156 |
| 2023-06-22 | Price change | $234,900 | $159 |
| 2023-05-31 | Price change | $239,000 | $161 |
| 2023-05-23 | Price change | $245,900 | $166 |
| 2023-05-04 | Listed for sale | $259,000 | $175 |
| 2022-09-23 | Sold | $120,000 | $81 |
| 2022-08-31 | Pending sale | $140,000 | $95 |
| 2022-08-31 | Contingent | $140,000 | $95 |
| 2022-08-19 | Listed for sale | $140,000 | $95 |
| 2009-11-06 | Listing removed | $18,000 | $12 |
| 2009-09-28 | Sold | $14,000 | $9 |
| 2005-12-29 | Sold | $60,000 | $41 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,570.47 | $92,760 |
| 2024 | $1,356.11 | $70,560 |
| 2023 | $1,566.9 | $81,150 |
| 2022 | $62.13 | $19,050 |
| 2021 | $57 | $18,500 |
| 2020 | $0 | $18,250 |
| 2019 | $205.13 | $17,840 |
| 2018 | $205.13 | $17,510 |
| 2017 | $210 | $17,150 |
| 2016 | $234.13 | $16,800 |
| 2015 | $57 | $16,690 |
| 2014 | $57 | $16,560 |
| 2013 | $0 | $16,320 |
| 2012 | $0 | $21,680 |
| 2011 | $75.94 | $28,150 |
| 2010 | $250.73 | $36,640 |
| 2009 | $931.45 | $46,170 |
| 2008 | $978.8 | $52,060 |
| 2007 | $1,280.28 | $70,860 |
| 2005 | $201.2 | $69,180 |
| 2004 | $198.49 | $46,980 |
| 2003 | $194.82 | $45,560 |
| 2002 | $177.48 | $41,050 |
| 2001 | $164.64 | $39,030 |
| 2000 | $140.25 | $32,980 |
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