For SaleNeutral Deal37 days on market
160 CARIB DRIVE
160 CARIB DRIVE, MERRITT ISLAND, FL 32952, Merritt Island, FL 32952
$306,000
Estimate®:$297,200
Listing Price
160 CARIB DRIVE, MERRITT ISLAND, FL 32952
Loc: Merritt Island, FL
Days Listed
37
Tax Assessed
$255k
Estimate®
$297k
Market Rate
Lot Size
7,841 sqft
Rent Estimate
$2,591/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
Tropical Elementary School
PK-6
0.7 mi away
7
Thomas Jefferson Middle School
7-8
1.4 mi away
5
Merritt Island High School
PK,9-12
1.9 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 storytwo-car garageconcrete drivewaysuburbanhorizontal sidinglow-pitched roofpalm treespacious lawnresidentialfenced yardmid-century influencesunnyopen property
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.41%
Total ROI
98.1%
Cash Flow
$46/mo
DSCR
1.03
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $46/mo net cash flow with a 6.4% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.4%)
- • 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 |
|---|---|---|---|
| 2026-09-10 | Price change | $306,000 | $202 |
| 2026-08-17 | Listed for sale | $315,000 | $208 |
| 2026-06-26 | Sold | $268,400 | $178 |
| 2012-06-28 | Listing removed | $89,900 | $59 |
| 2012-06-01 | Listed for sale | $89,900 | $59 |
| 2011-12-29 | Listing removed | $89,900 | $59 |
| 2011-09-15 | Listed for sale | $89,900 | $59 |
| 2011-05-18 | Listing removed | $89,900 | $59 |
| 2010-05-17 | Sold | $84,000 | $56 |
| 2010-02-19 | Listed for sale | $89,900 | $59 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,125.93 | $63,450 |
| 2024 | $999.98 | $61,670 |
| 2023 | $904.31 | $59,880 |
| 2022 | $851.58 | $58,140 |
| 2021 | $848.59 | $56,450 |
| 2020 | $787.47 | $55,680 |
| 2019 | $730.43 | $54,430 |
| 2018 | $730.43 | $53,420 |
| 2017 | $725.08 | $52,330 |
| 2016 | $715.71 | $51,260 |
| 2015 | $715.74 | $50,910 |
| 2014 | $716.6 | $50,510 |
| 2013 | $0 | $54,770 |
| 2012 | $307.8 | $48,940 |
| 2011 | $352.58 | $59,350 |
| 2010 | $594.81 | $75,820 |
| 2009 | $555.82 | $92,930 |
| 2008 | $555.26 | $126,400 |
| 2007 | $701.47 | $148,100 |
| 2005 | $747.04 | $121,900 |
| 2004 | $742.79 | $96,110 |
| 2003 | $760.21 | $85,220 |
| 2002 | $704.16 | $71,590 |
| 2001 | $682.11 | $58,680 |
| 2000 | $618.34 | $51,150 |
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