For SaleNeutral Deal121 days on market
808 7th St
808 7th St, Merritt Island, FL 32953, Merritt Island, FL 32953
$305,000
Estimate®:$302,100
Listing Price
808 7th St, Merritt Island, FL 32953
Loc: Merritt Island, FL
Days Listed
121
Tax Assessed
$204k
Estimate®
$302k
Market Rate
Lot Size
7,405 sqft
Rent Estimate
$2,502/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.
4
Mila Elementary School
PK-6
0.7 mi away
7
Thomas Jefferson Middle School
7-8
2 mi away
5
Merritt Island High School
PK,9-12
1.2 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 stylemid-century modernstucco exteriorlow-pitched roofsingle-storyscreened porchlandscaped gardenpotted plantslight blue paintresidentialsuburbanfront walkwaycasement windowsminimalist
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.32%
Total ROI
96.3%
Cash Flow
$24/mo
DSCR
1.02
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $24/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.3%)
- • Strong rental demand in Merritt Island
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 |
|---|---|---|---|
| 2026-09-09 | Listed for sale | $305,000 | $186 |
| 2026-09-01 | Contingent | $305,000 | $186 |
| 2026-08-21 | Price change | $305,000 | $186 |
| 2026-07-27 | Price change | $312,000 | $190 |
| 2026-07-13 | Price change | $324,000 | $198 |
| 2026-07-03 | Price change | $334,000 | $204 |
| 2026-05-25 | Listed for sale | $349,000 | $213 |
| 2022-11-02 | Sold | $265,000 | $162 |
| 2022-09-24 | Contingent | $265,000 | $162 |
| 2022-09-15 | Listed for sale | $265,000 | $162 |
| 2021-11-11 | Listing removed | $0 | – |
| 2021-11-06 | Listed for sale | $245,000 | $149 |
| 2021-02-05 | Sold | $225,000 | $137 |
| 2020-12-23 | Contingent | $212,000 | $129 |
| 2020-12-22 | Listed for sale | $212,000 | $129 |
| 2018-05-02 | Listing removed | $1,450 | $1 |
| 2018-03-31 | Listed for rent | $1,450 | $1 |
| 2017-12-27 | Sold | $90,000 | $55 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,022.2 | $204,400 |
| 2024 | $3,022.77 | $211,960 |
| 2023 | $3,260.46 | $226,400 |
| 2022 | $2,926.81 | $207,590 |
| 2021 | $2,303.16 | $160,920 |
| 2020 | $1,950.59 | $114,120 |
| 2019 | $1,954.84 | $114,890 |
| 2018 | $1,954.84 | $101,490 |
| 2017 | $1,805.95 | $93,970 |
| 2016 | $1,450.46 | $59,690 |
| 2015 | $1,215.98 | $47,790 |
| 2014 | $542.27 | $42,750 |
| 2013 | $0 | $47,000 |
| 2012 | $204.67 | $41,420 |
| 2011 | $334.69 | $52,380 |
| 2010 | $428.08 | $67,250 |
| 2009 | $413.67 | $88,170 |
| 2008 | $413.27 | $122,900 |
| 2007 | $474.29 | $138,600 |
| 2005 | $630.35 | $108,380 |
| 2004 | $521.1 | $76,710 |
| 2003 | $526.44 | $78,250 |
| 2002 | $543.18 | $67,260 |
| 2001 | $597.05 | $61,880 |
| 2000 | $539.24 | $56,870 |
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