For SaleRisky Deal129 days on market
4389 Ligustrum Dr
4389 Ligustrum Dr, Melbourne, FL 32934, Melbourne, FL 32934
$1,400,000
Estimate®:$1,313,000
Listing Price
4389 Ligustrum Dr, Melbourne, FL 32934
Loc: Melbourne, FL
Days Listed
129
Tax Assessed
$844k
Estimate®
$1313k
Market Rate
Lot Size
1.00 acres
Rent Estimate
$6,263/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.
9
Longleaf Elementary School
PK-6
1.7 mi away
4
Lyndon B. Johnson Middle School
7-8
3.7 mi away
4
Eau Gallie High School
PK,9-12
4.3 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
Single Family Residence1999Central, ElectricCentral Air, Electric4 Attached Garage spaces$400 annually1 Acres129 Days$225
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.94%
Total ROI
22.8%
Cash Flow
$-3,831/mo
DSCR
0.47
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-3,831/mo net cash flow with a 2.9% 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 |
|---|---|---|---|
| 2026-05-18 | Listed for sale | $1,400,000 | $225 |
| 1998-07-13 | Sold | $49,500 | $8 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $11,209.18 | $843,900 |
| 2024 | $10,765.26 | $854,400 |
| 2023 | $10,561.2 | $861,060 |
| 2022 | $9,155.36 | $770,110 |
| 2021 | $8,366.9 | $592,290 |
| 2020 | $7,956.69 | $553,660 |
| 2019 | $8,129.85 | $553,160 |
| 2018 | $8,129.85 | $541,950 |
| 2017 | $8,183.62 | $510,550 |
| 2016 | $8,044.75 | $434,350 |
| 2015 | $6,639.81 | $481,470 |
| 2014 | $7,716.06 | $475,630 |
| 2013 | $0 | $459,830 |
| 2012 | $6,052.49 | $382,340 |
| 2011 | $6,155.81 | $387,880 |
| 2010 | $6,529.76 | $441,390 |
| 2009 | $6,972.56 | $494,930 |
| 2008 | $7,537.2 | $555,000 |
| 2007 | $7,899.43 | $560,000 |
| 2005 | $6,189.48 | $800,490 |
| 2004 | $6,376.26 | $538,960 |
| 2003 | $6,521.08 | $404,530 |
| 2002 | $4,516.6 | $254,590 |
| 2001 | $4,408.2 | $255,300 |
| 2000 | $4,473.98 | $235,560 |
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