For SaleRisky Deal134 days on market
2372 Great Belt Cir
2372 Great Belt Cir, Melbourne, FL 32940, Melbourne, FL 32940
$575,000
Estimate®:$566,900
Listing Price
2372 Great Belt Cir, Melbourne, FL 32940
Loc: Melbourne, FL
Days Listed
134
Tax Assessed
$413k
Estimate®
$567k
Market Rate
Lot Size
7,841 sqft
Rent Estimate
$3,658/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
0.9 mi away
N/A
Devereux Hospital
K-12
2.3 mi away
7
Viera High School
PK,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
single-family homestucco exteriorranch styletwo-car garagewaterfront propertypaver drivewaytropical landscapingresidentialmodern aestheticsuburbanshingle roofwell-maintainedcommunity settingspacious yard
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.57%
Total ROI
58.2%
Cash Flow
$-793/mo
DSCR
0.73
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-793/mo net cash flow with a 4.6% 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 | Price change | $575,000 | $242 |
| 2026-06-22 | Price change | $599,000 | $252 |
| 2026-05-12 | Listed for sale | $610,000 | $257 |
| 2026-05-03 | Listing removed | $0 | – |
| 2026-04-20 | Price change | $639,999 | $269 |
| 2026-04-14 | Price change | $655,900 | $276 |
| 2026-03-24 | Price change | $664,900 | $280 |
| 2026-02-05 | Listed for sale | $670,000 | $282 |
| 2021-03-19 | Sold | $647,000 | $272 |
| 2020-08-10 | Sold | $354,539 | $149 |
| 2020-07-16 | Price change | $368,410 | $155 |
| 2020-07-11 | Price change | $367,410 | $155 |
| 2020-07-11 | Pending sale | $350,000 | $147 |
| 2020-04-16 | Listed for sale | $367,410 | $155 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,011.12 | $365,500 |
| 2024 | $4,690.19 | $355,200 |
| 2023 | $4,640.95 | $344,860 |
| 2022 | $4,336.69 | $334,820 |
| 2021 | $4,519.66 | $325,070 |
| 2020 | $983.23 | $45,000 |
| 2019 | $281.01 | $0 |
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