For SaleRisky Deal98 days on market
1122 Vestavia Cir
1122 Vestavia Cir, Melbourne, FL 32940, Melbourne, FL 32940
$689,900
Estimate®:$679,000
Listing Price
1122 Vestavia Cir, Melbourne, FL 32940
Loc: Melbourne, FL
Days Listed
98
Tax Assessed
$575k
Estimate®
$679k
Market Rate
Lot Size
10,019 sqft
Rent Estimate
$3,909/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.
9
Suntree Elementary School
PK-6
1.9 mi away
N/A
Devereux Hospital
K-12
2.3 mi away
7
Viera High School
PK,9-12
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
single-storyranch stylecraftsman detailsporte-cochèrevinyl sidingpaver drivewaymetal roofmanicured lawncovered entrywaysuburbanwell-maintainedresidentialcozyspacious
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.82%
Total ROI
41.9%
Cash Flow
$-1,384/mo
DSCR
0.61
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,384/mo net cash flow with a 3.8% 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 |
|---|---|---|---|
| 2026-09-02 | Price change | $689,900 | $271 |
| 2026-07-19 | Listed for sale | $699,900 | $275 |
| 2026-07-12 | Contingent | $699,900 | $275 |
| 2026-07-10 | Price change | $699,900 | $275 |
| 2026-06-19 | Listed for sale | $725,000 | $285 |
| 2018-01-26 | Sold | $427,000 | $168 |
| 2018-01-06 | Pending sale | $435,000 | $171 |
| 2018-01-05 | Price change | $435,000 | $171 |
| 2017-11-15 | Price change | $438,000 | $172 |
| 2017-10-14 | Listed for sale | $448,000 | $176 |
| 2017-05-11 | Sold | $427,000 | $168 |
| 2017-05-11 | Listed for sale | $449,900 | $177 |
| 2017-04-21 | Pending sale | $449,900 | $177 |
| 2017-04-10 | Listed for sale | $449,900 | $177 |
| 2004-01-29 | Sold | $86,900 | $34 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,073.7 | $381,200 |
| 2024 | $4,745.62 | $370,460 |
| 2023 | $4,673.53 | $359,670 |
| 2022 | $4,357.11 | $349,200 |
| 2021 | $4,550.94 | $339,030 |
| 2020 | $4,500.33 | $334,350 |
| 2019 | $4,465.32 | $326,840 |
| 2018 | $4,465.32 | $356,760 |
| 2017 | $5,536.74 | $219,400 |
| 2016 | $3,114.57 | $214,890 |
| 2015 | $3,171.06 | $213,400 |
| 2014 | $3,290.07 | $211,710 |
| 2013 | $0 | $247,210 |
| 2012 | $2,932.76 | $205,110 |
| 2011 | $2,938.81 | $205,290 |
| 2010 | $3,354.64 | $245,330 |
| 2009 | $3,538.85 | $269,610 |
| 2008 | $4,773.04 | $370,000 |
| 2007 | $5,341.94 | $378,000 |
| 2005 | $1,409.27 | $80,000 |
| 2004 | $1,236.28 | $66,000 |
| 2003 | $1,075.15 | $55,000 |
| 2002 | $1,074.73 | $55,000 |
| 2001 | $679.35 | $35,000 |
| 2000 | $92.65 | $4,950 |
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