For SaleRisky Deal4 days on market
196 Dotted Dove Ln
196 Dotted Dove Ln, Melbourne, FL 32903, Melbourne, FL 32903
$585,000
Estimate®:$565,200
Listing Price
196 Dotted Dove Ln, Melbourne, FL 32903
Loc: Melbourne, FL
Days Listed
4
Tax Assessed
$505k
Estimate®
$565k
Market Rate
Lot Size
4,792 sqft
Rent Estimate
$3,711/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
Indialantic Elementary School
PK-6
2.3 mi away
7
Herbert C. Hoover Middle School
7-8
2.2 mi away
6
Melbourne Senior High School
9-12
3.6 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
stucco exteriortwo-story housepalm treestropical landscapingattached garageresidentialsuburbandrivewaylush gardensingle-family homewell-maintainedsunnycoastal aesthetic
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.42%
Total ROI
54.8%
Cash Flow
$-883/mo
DSCR
0.71
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-883/mo net cash flow with a 4.4% 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 |
|---|---|---|---|
| 2026-09-19 | Listed for sale | $585,000 | $248 |
| 2019-01-17 | Sold | $403,000 | $171 |
| 2018-11-17 | Pending sale | $418,500 | $178 |
| 2018-10-05 | Price change | $418,500 | $178 |
| 2018-09-17 | Listed for sale | $424,500 | $180 |
| 2008-09-15 | Sold | $300,000 | $127 |
| 2008-06-04 | Listing removed | $325,000 | $138 |
| 2008-05-14 | Price change | $325,000 | $138 |
| 2008-04-04 | Price change | $349,000 | $148 |
| 2008-03-12 | Price change | $355,000 | $151 |
| 2008-01-23 | Price change | $359,900 | $153 |
| 2007-12-01 | Price change | $375,000 | $159 |
| 2007-11-12 | Listed for sale | $399,900 | $170 |
| 2007-06-27 | Sold | $417,500 | $177 |
| 2005-08-12 | Sold | $462,500 | $196 |
| 2002-10-10 | Sold | $295,000 | $125 |
| 1998-11-04 | Sold | $198,300 | $84 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,941.29 | $371,050 |
| 2024 | $5,625.36 | $360,600 |
| 2023 | $5,508.38 | $350,100 |
| 2022 | $5,202.97 | $339,910 |
| 2021 | $5,291.82 | $330,010 |
| 2020 | $5,240.6 | $325,460 |
| 2019 | $3,313.37 | $212,610 |
| 2018 | $3,313.37 | $208,650 |
| 2017 | $3,307.21 | $204,360 |
| 2016 | $3,314.81 | $200,160 |
| 2015 | $3,409.34 | $198,770 |
| 2014 | $3,426.58 | $197,200 |
| 2013 | $0 | $211,580 |
| 2012 | $3,304.67 | $191,050 |
| 2011 | $3,433.08 | $196,630 |
| 2010 | $3,262.23 | $214,790 |
| 2009 | $2,937 | $254,170 |
| 2008 | $4,903.51 | $273,000 |
| 2007 | $5,461.48 | $332,000 |
| 2005 | $3,879.29 | $349,790 |
| 2004 | $3,952.08 | $259,630 |
| 2003 | $4,001.08 | $265,800 |
| 2002 | $2,847.67 | $193,310 |
| 2001 | $3,093.37 | $174,860 |
| 2000 | $2,920.53 | $166,530 |
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