For SaleRisky Deal2 days on market
8614 Catalissa Ave
8614 Catalissa Ave, Melbourne, FL 32940, Melbourne, FL 32940
$915,000
Listing Price
8614 Catalissa Ave, Melbourne, FL 32940
Loc: Melbourne, FL
Days Listed
2
Tax Assessed
$638k
Lot Size
7,405 sqft
Rent Estimate
$4,909/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.
10
Viera Elementary School
PK-6
0.5 mi away
N/A
Devereux Hospital
K-12
2.3 mi away
7
Viera High School
PK,9-12
2.9 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
Mediterranean inspiredstucco exteriorpaver drivewaythree-car garagetwo-storysuburbancurb appeallandscapedstone accentsmodern traditionalupscaleresidentialsunset lighting
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.67%
Total ROI
38.7%
Cash Flow
$-1,947/mo
DSCR
0.59
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,947/mo net cash flow with a 3.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Melbourne, 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 |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $915,000 | $326 |
| 2025-12-03 | Listing removed | $5,000 | $2 |
| 2025-09-10 | Listed for rent | $5,000 | $2 |
| 2025-05-02 | Sold | $945,777 | $337 |
| 2025-03-29 | Contingent | $965,000 | $343 |
| 2025-03-15 | Listed for sale | $965,000 | $343 |
| 2023-08-21 | Sold | $794,200 | $283 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,161.89 | $637,410 |
| 2024 | $972.95 | $619,450 |
| 2023 | $1,041.8 | $82,500 |
| 2022 | $318.32 | $15,400 |
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