For SaleRisky Deal76 days on market
2619 Lorna Dr
2619 Lorna Dr, Melbourne, FL 32935, Melbourne, FL 32935
$299,900
Estimate®:$292,300
Listing Price
2619 Lorna Dr, Melbourne, FL 32935
Loc: Melbourne, FL
Days Listed
76
Tax Assessed
$261k
Estimate®
$292k
Market Rate
Lot Size
7,405 sqft
Rent Estimate
$2,439/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.
5
Sabal Elementary School
PK-6
0.4 mi away
4
Lyndon B. Johnson Middle School
7-8
0.9 mi away
4
Eau Gallie High School
PK,9-12
1 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 exteriorcovered porcharched entrywayscarportcircular drivewaysuburbanflat roofresidentialspacious yardmature treessingle-family home
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.06%
Total ROI
90.6%
Cash Flow
$-41/mo
DSCR
0.97
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-41/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • 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 |
|---|---|---|---|
| 2026-09-17 | Price change | $299,900 | $145 |
| 2026-08-27 | Price change | $309,900 | $150 |
| 2026-08-01 | Price change | $314,900 | $153 |
| 2026-07-27 | Price change | $319,900 | $155 |
| 2026-07-06 | Listed for sale | $324,900 | $157 |
| 2025-07-02 | Listing removed | $2,150 | $1 |
| 2025-05-23 | Price change | $2,150 | $1 |
| 2025-05-01 | Listed for rent | $2,200 | $1 |
| 2024-07-11 | Listing removed | $319,900 | $155 |
| 2024-04-18 | Listing removed | $0 | – |
| 2024-04-08 | Listing removed | $0 | – |
| 2024-03-30 | Listed for rent | $2,200 | $1 |
| 2024-03-21 | Price change | $319,900 | $155 |
| 2024-03-08 | Price change | $322,900 | $157 |
| 2024-02-16 | Listed for sale | $324,900 | $157 |
| 2021-09-17 | Listing removed | $0 | – |
| 2021-09-09 | Price change | $284,900 | $138 |
| 2021-08-27 | Price change | $289,000 | $140 |
| 2021-08-25 | Listed for sale | $289,900 | $141 |
| 2021-08-14 | Contingent | $289,900 | $141 |
| 2021-08-04 | Listed for sale | $289,900 | $141 |
| 2021-06-21 | Listing removed | $0 | – |
| 2021-06-18 | Price change | $279,900 | $136 |
| 2021-06-17 | Listed for sale | $289,900 | $141 |
| 2020-04-22 | Listing removed | $209,900 | $102 |
| 2015-07-21 | Sold | $73,800 | $36 |
| 2002-05-10 | Sold | $87,900 | $43 |
| 2001-12-27 | Sold | $36,500 | $18 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,734.33 | $261,230 |
| 2024 | $4,642.29 | $263,690 |
| 2023 | $4,444.87 | $265,630 |
| 2022 | $4,007.05 | $252,040 |
| 2021 | $3,649.73 | $196,980 |
| 2020 | $3,126.24 | $183,390 |
| 2019 | $2,993.11 | $172,880 |
| 2018 | $2,993.11 | $168,800 |
| 2017 | $2,861.25 | $145,450 |
| 2016 | $2,631.39 | $108,580 |
| 2015 | $2,368.22 | $96,280 |
| 2014 | $1,969.4 | $87,530 |
| 2013 | $0 | $82,430 |
| 2012 | $1,595.43 | $72,540 |
| 2011 | $1,807.79 | $82,060 |
| 2010 | $1,090.86 | $95,060 |
| 2009 | $1,231.45 | $106,220 |
| 2008 | $1,321.29 | $148,700 |
| 2007 | $1,505.36 | $152,700 |
| 2005 | $1,482.38 | $138,680 |
| 2004 | $1,501.31 | $99,220 |
| 2003 | $1,755.14 | $85,720 |
| 2001 | $1,106.6 | $55,180 |
| 2000 | $1,160.54 | $52,390 |
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