For SaleRisky Deal15 days on market
3613 S Banana River Blvd APT D401
3613 S Banana River Blvd APT D401, Cocoa Beach, FL 32931, Cocoa Beach, FL 32931
$407,000
Listing Price
3613 S Banana River Blvd APT D401, Cocoa Beach, FL 32931
Loc: Cocoa Beach, FL
Days Listed
15
Tax Assessed
$310k
Lot Size
3,920 sqft
Type
condo
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Cape View Elementary School
PK-6
2.9 mi away
7
Cocoa Beach Junior/Senior High School
7-12
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
balconywaterfrontstuccooutdoor diningscreened-in porchpanoramic viewcoastalrelaxedpatio furniturecovered terracerecreationalspaciousresort-stylelow-maintenance
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.04%
Total ROI
90.2%
Cash Flow
$-62/mo
DSCR
0.97
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-62/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • Strong rental demand in Cocoa Beach
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 |
|---|---|---|---|
| 2026-09-08 | Listed for sale | $407,000 | $189 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,989.5 | $310,140 |
| 2024 | $5,744.83 | $353,000 |
| 2023 | $5,802.82 | $375,930 |
| 2022 | $5,253.74 | $375,930 |
| 2021 | $4,572.88 | $277,820 |
| 2020 | $4,681.03 | $282,210 |
| 2019 | $4,777.64 | $282,210 |
| 2018 | $4,777.64 | $166,440 |
| 2017 | $2,187.98 | $163,020 |
| 2016 | $2,196.64 | $159,670 |
| 2015 | $2,186.54 | $158,570 |
| 2014 | $2,190.26 | $157,320 |
| 2013 | $0 | $155,000 |
| 2012 | $2,229.36 | $0 |
| 2011 | $2,148.66 | $0 |
| 2010 | $1,937.97 | $0 |
| 2009 | $1,759.41 | $0 |
| 2008 | $1,742.1 | $0 |
| 2007 | $1,843.65 | $0 |
| 2005 | $1,868.79 | $0 |
| 2004 | $1,927.28 | $0 |
| 2003 | $1,976.19 | $0 |
| 2002 | $1,949.79 | $0 |
| 2001 | $1,910.51 | $0 |
| 2000 | $1,860.5 | $0 |
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