For SaleRisky Deal170 days on market
8904 Alister Dr
8904 Alister Dr, Melbourne, FL 32940, Melbourne, FL 32940
$699,900
Estimate®:$686,400
Listing Price
8904 Alister Dr, Melbourne, FL 32940
Loc: Melbourne, FL
Days Listed
170
Tax Assessed
$468k
Estimate®
$686k
Market Rate
Lot Size
7,841 sqft
Rent Estimate
$4,110/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
Viera Elementary School
PK-6
1.3 mi away
N/A
Devereux Hospital
K-12
2.7 mi away
7
Viera High School
PK,9-12
4 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
modernluxuryoutdoor kitchenscreened lanaipoolspawaterfrontpatiofire pitpaver patioceiling fanbuilt-in grillcozyrecreational livingstone backsplash
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.17%
Total ROI
49.5%
Cash Flow
$-1,199/mo
DSCR
0.67
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,199/mo net cash flow with a 4.2% 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 |
|---|---|---|---|
| 2026-07-13 | Price change | $699,900 | $328 |
| 2026-04-28 | Price change | $725,000 | $340 |
| 2026-04-07 | Listed for sale | $750,000 | $352 |
| 2022-10-27 | Sold | $482,200 | $226 |
| 2022-01-17 | Listing removed | $0 | – |
| 2022-01-12 | Price change | $448,995 | $211 |
| 2021-12-28 | Listed for sale | $433,995 | $204 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,609.25 | $468,350 |
| 2024 | $5,603.76 | $400,580 |
| 2023 | $5,325.01 | $369,480 |
| 2022 | $771 | $54,000 |
| 2021 | $277.94 | $10,900 |
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