For SaleRisky Deal4 days on market
550 Dinner St NE
550 Dinner St NE, Palm Bay, FL 32907, Palm Bay, FL 32907
$389,000
Estimate®:$382,900
Listing Price
550 Dinner St NE, Palm Bay, FL 32907
Loc: Palm Bay, FL
Days Listed
4
Tax Assessed
$333k
Estimate®
$383k
Market Rate
Lot Size
10,019 sqft
Rent Estimate
$2,367/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
Lockmar Elementary School
PK-6
1.3 mi away
3
Southwest Middle School
7-8
1.2 mi away
2
Palm Bay Magnet Senior High School
PK,8-12
3.7 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
ranch stylestucco exteriorstone accentstwo-car garagepalm treeslandscaped yardsuburbansingle-storygable roofshingle roofshutter accentsresidentialwell-maintained
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.18%
Total ROI
49.8%
Cash Flow
$-662/mo
DSCR
0.67
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-662/mo net cash flow with a 4.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Palm Bay, 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 | Listed for sale | $389,000 | $180 |
| 2019-05-03 | Sold | $274,000 | $127 |
| 2018-01-31 | Sold | $252,800 | $117 |
| 2017-07-18 | Sold | $20,000 | $9 |
| 2005-02-14 | Sold | $45,000 | $21 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,106.03 | $332,560 |
| 2024 | $6,341.46 | $342,660 |
| 2023 | $3,796.23 | $241,740 |
| 2022 | $3,672.1 | $234,700 |
| 2021 | $3,768.63 | $227,870 |
| 2020 | $3,696.59 | $224,730 |
| 2019 | $4,476.06 | $211,060 |
| 2018 | $4,476.06 | $12,500 |
| 2017 | $385.4 | $2,750 |
| 2016 | $245.19 | $7,500 |
| 2015 | $160.98 | $7,000 |
| 2014 | $134.64 | $5,400 |
| 2013 | $0 | $4,500 |
| 2012 | $132.51 | $5,500 |
| 2011 | $156.71 | $6,500 |
| 2010 | $172.34 | $8,000 |
| 2009 | $332.86 | $16,500 |
| 2008 | $563.59 | $30,000 |
| 2007 | $613.96 | $34,000 |
| 2005 | $430.88 | $21,500 |
| 2004 | $242.06 | $11,000 |
| 2003 | $92.87 | $4,000 |
| 2002 | $93.28 | $4,000 |
| 2001 | $92.74 | $4,000 |
| 2000 | $90.94 | $4,000 |
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