For SaleRisky Deal191 days on market
405 S Banana River Blvd
405 S Banana River Blvd, Cocoa Beach, FL 32931, Cocoa Beach, FL 32931
$1,499,000
Estimate®:$1,429,200
Listing Price
405 S Banana River Blvd, Cocoa Beach, FL 32931
Loc: Cocoa Beach, FL
Days Listed
191
Tax Assessed
$896k
Estimate®
$1429k
Market Rate
Lot Size
0.43 acres
Rent Estimate
$4,031/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.
7
Cape View Elementary School
PK-6
3.6 mi away
7
Cocoa Beach Junior/Senior High School
7-12
2 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
waterfrontranch-styleprivate-dockswimming-poollandscaped-yardcanal-frontoutdoor-patiotropical-landscapingcoastalluxurygazeboresort-styleboating-access
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.30%
Total ROI
-12.9%
Cash Flow
$-6,155/mo
DSCR
0.21
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-6,155/mo net cash flow with a 1.3% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Cocoa Beach, 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 |
|---|---|---|---|
| 2026-09-16 | Price change | $1,499,000 | $693 |
| 2026-08-13 | Price change | $1,550,000 | $717 |
| 2026-07-30 | Price change | $1,575,000 | $728 |
| 2026-03-18 | Listed for sale | $1,650,000 | $763 |
| 2020-06-12 | Sold | $725,000 | $335 |
| 2020-02-18 | Price change | $797,900 | $369 |
| 2019-08-20 | Price change | $824,900 | $382 |
| 2019-07-09 | Listed for sale | $849,900 | $393 |
| 2004-05-14 | Sold | $730,000 | $338 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $8,071.86 | $543,230 |
| 2024 | $7,934.66 | $527,930 |
| 2023 | $7,792.88 | $512,560 |
| 2022 | $7,260.74 | $497,640 |
| 2021 | $7,266.21 | $483,150 |
| 2020 | $9,979.5 | $603,720 |
| 2019 | $4,816.88 | $324,630 |
| 2018 | $4,816.88 | $318,580 |
| 2017 | $4,799.41 | $312,030 |
| 2016 | $4,834.16 | $305,620 |
| 2015 | $4,823.68 | $303,500 |
| 2014 | $4,835.78 | $301,100 |
| 2013 | $0 | $325,770 |
| 2012 | $4,882.09 | $291,700 |
| 2011 | $4,732.35 | $283,220 |
| 2010 | $4,995.66 | $319,480 |
| 2009 | $5,511.86 | $369,340 |
| 2008 | $6,562.88 | $436,000 |
| 2007 | $7,551.26 | $495,000 |
| 2005 | $7,860.98 | $421,910 |
| 2004 | $3,834.26 | $344,810 |
| 2003 | $3,940.45 | $271,710 |
| 2002 | $3,899.18 | $248,090 |
| 2001 | $3,828.55 | $212,490 |
| 2000 | $3,743.08 | $194,770 |
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