For SaleExcellent Deal26 days on market
765 Carousel St SE
765 Carousel St SE, Palm Bay, FL 32909, Palm Bay, FL 32909
$129,000
Estimate®:$128,900
Listing Price
765 Carousel St SE, Palm Bay, FL 32909
Loc: Palm Bay, FL
Days Listed
26
Tax Assessed
$31k
Estimate®
$129k
Market Rate
Lot Size
10,454 sqft
Rent Estimate
$2,420/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.
6
Westside Elementary School
PK-6
2.2 mi away
3
Southwest Middle School
7-8
4.9 mi away
3
Bayside High School
9-12
2.7 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
unfinished constructionconcrete block wallsmasonry constructionranch stylesingle-storylarge yardrural settingdevelopment projectpotential investmentopen floor plangarage structurestructural framingresidential lot
Haven AI Verdict
Recommendation
Excellent
Confidence Score: 10/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
15.70%
Total ROI
300.2%
Cash Flow
$1,019/mo
DSCR
2.52
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $1,019/mo net cash flow with a 15.7% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (15.7%)
- • Strong rental demand in Palm Bay
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 |
|---|---|---|---|
| 2026-09-14 | Price change | $129,000 | $55 |
| 2026-09-02 | Price change | $159,000 | $67 |
| 2026-08-28 | Listed for sale | $179,000 | $76 |
| 2021-04-27 | Sold | $75,000 | $32 |
| 2017-12-12 | Sold | $4,000 | $2 |
| 2009-10-22 | Sold | $2,100 | $1 |
| 2006-05-19 | Sold | $61,900 | $26 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $564.85 | $31,000 |
| 2024 | $518.98 | $28,000 |
| 2023 | $477.54 | $25,000 |
| 2022 | $435.65 | $22,000 |
| 2021 | $179.04 | $8,500 |
| 2020 | $163.1 | $7,500 |
| 2019 | $202.47 | $6,600 |
| 2018 | $202.47 | $5,600 |
| 2017 | $188.62 | $1,250 |
| 2016 | $171.55 | $4,000 |
| 2015 | $103.33 | $4,000 |
| 2014 | $95.68 | $4,000 |
| 2013 | $0 | $2,800 |
| 2012 | $67.46 | $2,800 |
| 2011 | $84.38 | $3,500 |
| 2010 | $107.72 | $5,000 |
| 2009 | $171.47 | $8,500 |
| 2008 | $338.16 | $18,000 |
| 2007 | $361.17 | $20,000 |
| 2005 | $320.67 | $16,000 |
| 2004 | $209.07 | $9,500 |
| 2003 | $51.09 | $2,200 |
| 2002 | $46.64 | $2,000 |
| 2001 | $46.37 | $2,000 |
| 2000 | $45.45 | $2,000 |
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