For SaleRisky Deal7 days on market
780 Glen Abbey Way
780 Glen Abbey Way, Melbourne, FL 32940, Melbourne, FL 32940
$597,500
Estimate®:$579,600
Listing Price
780 Glen Abbey Way, Melbourne, FL 32940
Loc: Melbourne, FL
Days Listed
7
Tax Assessed
$424k
Estimate®
$580k
Market Rate
Lot Size
7,405 sqft
Rent Estimate
$3,404/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.
10
Quest Elementary School
PK-6
0.7 mi away
N/A
Devereux Hospital
K-12
0.8 mi away
7
Viera High School
PK,9-12
2.6 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
Mediterranean stylestucco exteriortile roofsingle-storytwo-car garagepaver drivewaylandscaped lawnpalm treesfront entry porticosuburbanwell-maintainedgolf course viewspacious yardresidential
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.82%
Total ROI
41.9%
Cash Flow
$-1,198/mo
DSCR
0.61
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,198/mo net cash flow with a 3.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Melbourne, 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 | $597,500 | $289 |
| 2026-06-18 | Sold | $320,000 | $155 |
| 2003-01-06 | Sold | $210,500 | $102 |
| 2002-06-07 | Sold | $52,900 | $26 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,223.93 | $237,010 |
| 2024 | $2,987.81 | $230,340 |
| 2023 | $2,932.85 | $223,640 |
| 2022 | $2,730.34 | $217,130 |
| 2021 | $2,826.28 | $210,810 |
| 2020 | $2,768.84 | $207,900 |
| 2019 | $2,718.44 | $203,230 |
| 2018 | $2,718.44 | $199,450 |
| 2017 | $2,724.01 | $195,350 |
| 2016 | $2,748.9 | $191,340 |
| 2015 | $2,795.56 | $190,010 |
| 2014 | $2,878.59 | $188,510 |
| 2013 | $0 | $199,670 |
| 2012 | $2,537.04 | $182,630 |
| 2011 | $2,833.46 | $199,310 |
| 2010 | $2,401.42 | $186,470 |
| 2009 | $2,534.6 | $219,650 |
| 2008 | $2,535.89 | $262,000 |
| 2007 | $2,611.81 | $272,000 |
| 2005 | $2,856.77 | $247,490 |
| 2004 | $2,935.62 | $186,290 |
| 2003 | $2,997.52 | $160,350 |
| 2002 | $102.4 | $5,240 |
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