Off MarketNeutral Deal58 days on market
5113 Cocoplum Ave
5113 Cocoplum Ave, Melbourne, FL 32940, Melbourne, FL 32940
$340,000
Estimate®:$328,300
Listing Price
5113 Cocoplum Ave, Melbourne, FL 32940
Loc: Melbourne, FL
Days Listed
58
Tax Assessed
$381k
Estimate®
$328k
Market Rate
Lot Size
8,276 sqft
Rent Estimate
$3,025/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
Sherwood Elementary School
PK-6
1.8 mi away
4
Lyndon B. Johnson Middle School
7-8
3.8 mi away
7
Viera High School
PK,9-12
5.4 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 sidingtwo-car garageresidentialsuburbancovered entrywaylandscaped yardconcrete drivewayasphalt shingle roofarched architectural detailwell-maintainedmature treestraditional design
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.52%
Total ROI
100.6%
Cash Flow
$84/mo
DSCR
1.05
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $84/mo net cash flow with a 6.5% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.5%)
- • Strong rental demand in Melbourne
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 |
|---|---|---|---|
| 2021-12-30 | Sold | $410,000 | $251 |
| 2021-11-30 | Contingent | $400,000 | $244 |
| 2021-11-28 | Listed for sale | $400,000 | $244 |
| 2015-08-21 | Sold | $205,000 | $125 |
| 1995-01-20 | Sold | $108,600 | $66 |
| 1994-10-19 | Sold | $28,700 | $18 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $696.87 | $381,030 |
| 2024 | $4,808.27 | $391,220 |
| 2023 | $4,906.89 | $393,760 |
| 2022 | $4,833.46 | $361,590 |
| 2021 | $2,913.82 | $220,560 |
| 2020 | $2,872.25 | $217,520 |
| 2019 | $2,823.93 | $212,630 |
| 2018 | $2,823.93 | $208,450 |
| 2017 | $2,828.83 | $189,500 |
| 2016 | $3,213.61 | $179,540 |
| 2015 | $3,192.12 | $123,340 |
| 2014 | $1,779.71 | $122,370 |
| 2013 | $0 | $130,470 |
| 2012 | $1,409.24 | $118,560 |
| 2011 | $1,400.86 | $130,600 |
| 2010 | $1,335.98 | $133,580 |
| 2009 | $1,220.98 | $156,680 |
| 2008 | $1,220.85 | $193,000 |
| 2007 | $1,346.69 | $204,000 |
| 2005 | $1,461.76 | $197,440 |
| 2004 | $1,495.54 | $143,150 |
| 2003 | $1,522.61 | $119,990 |
| 2002 | $1,474.92 | $112,990 |
| 2001 | $1,434.42 | $104,750 |
| 2000 | $1,329.41 | $96,760 |
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