For SaleRisky Deal65 days on market
3079 Sea Gate Cir
3079 Sea Gate Cir, Merritt Island, FL 32953, Merritt Island, FL 32953
$299,900
Estimate®:$288,600
Listing Price
3079 Sea Gate Cir, Merritt Island, FL 32953
Loc: Merritt Island, FL
Days Listed
65
Tax Assessed
$243k
Estimate®
$289k
Market Rate
Lot Size
0.26 acres
Rent Estimate
$1,965/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
Lewis Carroll Elementary School
PK-6
1.3 mi away
7
Thomas Jefferson Middle School
7-8
5.5 mi away
5
Merritt Island High School
PK,9-12
2.3 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
ranch stylestucco exteriortwo-car garagepitched roofpalm treelandscaped yardsingle-storyconcrete drivewayresidentialsuburbancovered entrywayasphalt shingles
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.66%
Total ROI
60.2%
Cash Flow
$-391/mo
DSCR
0.75
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-391/mo net cash flow with a 4.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Merritt Island, 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 |
|---|---|---|---|
| 2026-08-26 | Price change | $299,900 | $189 |
| 2026-07-22 | Listed for sale | $309,000 | $195 |
| 1989-05-01 | Sold | $69,900 | $44 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,609.99 | $242,740 |
| 2024 | $3,528.9 | $247,570 |
| 2023 | $971.84 | $81,030 |
| 2022 | $932.84 | $78,670 |
| 2021 | $927.01 | $76,380 |
| 2020 | $862.24 | $75,330 |
| 2019 | $803.94 | $73,640 |
| 2018 | $803.94 | $72,270 |
| 2017 | $800.29 | $70,790 |
| 2016 | $793.19 | $69,340 |
| 2015 | $911.47 | $68,860 |
| 2014 | $933.14 | $68,320 |
| 2013 | $0 | $71,880 |
| 2012 | $575.17 | $66,190 |
| 2011 | $913.95 | $90,000 |
| 2010 | $885.11 | $105,950 |
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