For SaleRisky Deal60 days on market
820 1st St
820 1st St, Merritt Island, FL 32953, Merritt Island, FL 32953
$389,000
Estimate®:$381,400
Listing Price
820 1st St, Merritt Island, FL 32953
Loc: Merritt Island, FL
Days Listed
60
Tax Assessed
$270k
Estimate®
$381k
Market Rate
Lot Size
7,405 sqft
Rent Estimate
$2,544/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.
8
Audubon Elementary School
PK-6
1.7 mi away
7
Thomas Jefferson Middle School
7-8
2.7 mi away
5
Merritt Island High School
PK,9-12
0.6 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
ranch stylesingle-storystucco exteriorattached garagepalm treeslandscaped lawnconcrete drivewaysuburbanresidentialshuttersfront walkwaysunnycozy
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.76%
Total ROI
62.3%
Cash Flow
$-475/mo
DSCR
0.76
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-475/mo net cash flow with a 4.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Merritt Island, 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 |
|---|---|---|---|
| 2026-09-02 | Listed for sale | $389,000 | $299 |
| 2026-08-28 | Contingent | $389,000 | $299 |
| 2026-08-18 | Price change | $389,000 | $299 |
| 2026-07-25 | Listed for sale | $399,000 | $307 |
| 2025-03-20 | Sold | $380,000 | $292 |
| 2025-02-23 | Contingent | $395,000 | $304 |
| 2025-02-22 | Pending sale | $395,000 | $304 |
| 2025-02-08 | Listed for sale | $395,000 | $304 |
| 2024-07-30 | Sold | $205,000 | $158 |
| 2015-06-16 | Sold | $125,000 | $96 |
| 2015-03-28 | Listed for sale | $124,900 | $96 |
| 2015-03-12 | Pending sale | $124,900 | $96 |
| 2015-03-07 | Listed for sale | $124,900 | $96 |
| 2015-02-15 | Pending sale | $124,900 | $96 |
| 2014-10-11 | Listed for sale | $124,900 | $96 |
| 2014-09-30 | Pending sale | $124,900 | $96 |
| 2014-09-09 | Price change | $124,900 | $96 |
| 2014-01-03 | Listed for sale | $134,900 | $104 |
| 2012-10-04 | Listing removed | $134,900 | $104 |
| 2012-09-29 | Listing removed | $1,100 | $1 |
| 2012-09-08 | Price change | $1,100 | $1 |
| 2012-09-08 | Listed for sale | $134,900 | $104 |
| 2011-07-25 | Listing removed | $134,900 | $104 |
| 2011-06-01 | Listed for sale | $134,900 | $104 |
| 2011-02-07 | Listing removed | $1,000 | $1 |
| 2004-11-18 | Sold | $126,500 | $97 |
| 1996-03-29 | Sold | $88,900 | $68 |
| 1994-04-25 | Sold | $84,900 | $65 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,891.49 | $270,020 |
| 2024 | $1,643.91 | $132,320 |
| 2023 | $1,610.2 | $128,470 |
| 2022 | $1,548.83 | $124,730 |
| 2021 | $1,583.61 | $121,100 |
| 2020 | $1,538.43 | $119,430 |
| 2019 | $1,478.04 | $116,750 |
| 2018 | $1,478.04 | $114,580 |
| 2017 | $1,473.39 | $112,230 |
| 2016 | $1,474.49 | $109,930 |
| 2015 | $1,485.62 | $93,180 |
| 2014 | $1,831.82 | $86,210 |
| 2013 | $0 | $78,380 |
| 2012 | $1,304.84 | $73,460 |
| 2011 | $1,492.52 | $83,950 |
| 2010 | $1,670.03 | $102,110 |
| 2009 | $1,907.26 | $123,790 |
| 2008 | $2,237.46 | $144,600 |
| 2007 | $2,485.62 | $163,000 |
| 2005 | $2,676.1 | $133,350 |
| 2004 | $862.39 | $96,530 |
| 2003 | $884.04 | $101,210 |
| 2002 | $861.19 | $89,030 |
| 2001 | $835.87 | $80,180 |
| 2000 | $760.71 | $71,250 |
Similar Properties Nearby
Explore other investment opportunities in Merritt Island.