For SaleRisky Deal0 days on market
4510 Sweet Bay Ave
4510 Sweet Bay Ave, Melbourne, FL 32935, Melbourne, FL 32935
$459,900
Estimate®:$444,800
Listing Price
4510 Sweet Bay Ave, Melbourne, FL 32935
Loc: Melbourne, FL
Days Listed
0
Tax Assessed
$374k
Estimate®
$445k
Market Rate
Lot Size
8,276 sqft
Rent Estimate
$3,070/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.
9
Sherwood Elementary School
PK-6
0.8 mi away
7
Delaura Middle School
7-8
4 mi away
8
Satellite Senior High School
9-12
3.9 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-storypaver drivewaytwo-car garagebrick facadestucco exteriorgabled roofdormer windowarched windowslandscaped lawnresidentialsuburbaninvitingtraditionalmature trees
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.77%
Total ROI
62.5%
Cash Flow
$-558/mo
DSCR
0.77
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-558/mo net cash flow with a 4.8% 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 |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $459,900 | $219 |
| 2016-03-15 | Listing removed | $179,900 | $86 |
| 2016-03-05 | Listed for sale | $179,900 | $86 |
| 2012-04-19 | Listing removed | $129,900 | $62 |
| 2012-02-24 | Listed for sale | $129,900 | $62 |
| 2011-10-06 | Sold | $110,000 | $52 |
| 2011-10-03 | Listed for sale | $129,900 | $62 |
| 2011-07-10 | Listing removed | $129,900 | $62 |
| 2011-02-24 | Price change | $129,900 | $62 |
| 2010-11-12 | Price change | $149,900 | $71 |
| 2010-10-20 | Listed for sale | $159,900 | $76 |
| 2010-09-04 | Listing removed | $179,900 | $86 |
| 2010-08-08 | Listed for sale | $179,900 | $86 |
| 2005-04-08 | Sold | $280,000 | $133 |
| 1999-05-05 | Sold | $146,000 | $69 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,031.43 | $149,860 |
| 2024 | $1,920.13 | $145,640 |
| 2023 | $1,865.46 | $141,400 |
| 2022 | $1,736.77 | $137,290 |
| 2021 | $1,747.96 | $133,300 |
| 2020 | $1,725.5 | $131,460 |
| 2019 | $1,726.14 | $128,270 |
| 2018 | $1,726.14 | $125,880 |
| 2017 | $1,716.62 | $123,300 |
| 2016 | $1,713.37 | $120,770 |
| 2015 | $1,751.63 | $119,940 |
| 2014 | $1,757.11 | $118,990 |
| 2013 | $0 | $123,450 |
| 2012 | $1,638.17 | $115,280 |
| 2011 | $2,785.04 | $126,420 |
| 2010 | $1,890.8 | $140,130 |
| 2009 | $2,250.05 | $166,320 |
| 2008 | $3,047.42 | $198,000 |
| 2007 | $3,540.17 | $211,000 |
| 2005 | $2,010.72 | $221,740 |
| 2004 | $2,041.48 | $153,980 |
| 2003 | $2,062.27 | $134,450 |
| 2002 | $1,975.62 | $126,190 |
| 2001 | $1,922.2 | $115,900 |
| 2000 | $1,813.51 | $106,700 |
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