For SaleRisky Deal5 days on market
491 Fountain St SW
491 Fountain St SW, Palm Bay, FL 32908, Palm Bay, FL 32908
$387,500
Listing Price
491 Fountain St SW, Palm Bay, FL 32908
Loc: Palm Bay, FL
Days Listed
5
Tax Assessed
$263k
Lot Size
10,019 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Westside Elementary School
PK-6
1.4 mi away
3
Southwest Middle School
7-8
4.7 mi away
3
Bayside High School
9-12
1.8 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
ranchstuccosingle-storytwo-car garagearched entrywaysresidentialsuburbanconcrete drivewaywood privacy fencepalm treelandscaped lawncontemporary styleneutral color palette
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.13%
Total ROI
92.0%
Cash Flow
$-33/mo
DSCR
0.98
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-33/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 Palm Bay
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 |
|---|---|---|---|
| 2026-09-20 | Listed for sale | $387,500 | $201 |
| 2026-07-08 | Sold | $235,000 | $122 |
| 2004-11-17 | Sold | $187,000 | $97 |
| 2004-07-09 | Sold | $117,400 | $61 |
| 2003-09-25 | Sold | $8,500 | $4 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,282.93 | $107,340 |
| 2024 | $1,242.82 | $104,320 |
| 2023 | $1,199.38 | $101,290 |
| 2022 | $1,126.81 | $98,340 |
| 2021 | $1,133.32 | $95,480 |
| 2020 | $1,106.32 | $94,170 |
| 2019 | $1,247.69 | $92,060 |
| 2018 | $1,247.69 | $90,350 |
| 2017 | $1,217.24 | $88,500 |
| 2016 | $1,228.88 | $86,680 |
| 2015 | $1,044.76 | $86,080 |
| 2014 | $1,061.98 | $85,400 |
| 2013 | $0 | $90,030 |
| 2012 | $991.24 | $82,740 |
| 2011 | $1,158.77 | $89,650 |
| 2010 | $1,431.2 | $107,560 |
| 2009 | $1,788.74 | $129,140 |
| 2008 | $2,070.18 | $150,000 |
| 2007 | $2,711.35 | $171,000 |
| 2005 | $2,550.04 | $153,100 |
| 2004 | $220.06 | $10,000 |
| 2003 | $55.73 | $2,400 |
| 2002 | $40.82 | $1,750 |
| 2001 | $46.37 | $2,000 |
| 2000 | $17.04 | $750 |
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