For SaleRisky Deal64 days on market
3235 Hummingbird Way
3235 Hummingbird Way, Melbourne, FL 32940, Melbourne, FL 32940
$625,000
Estimate®:$616,100
Listing Price
3235 Hummingbird Way, Melbourne, FL 32940
Loc: Melbourne, FL
Days Listed
64
Tax Assessed
$518k
Estimate®
$616k
Market Rate
Lot Size
6,098 sqft
Rent Estimate
$3,916/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
Viera Elementary School
PK-6
0.7 mi away
N/A
Devereux Hospital
K-12
2.1 mi away
7
Viera High School
PK,9-12
2.4 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
poolscreen enclosurelanaimodernwater viewresort-stylepatiofenced yardoutdoor livingtropical landscapingsingle-family homesuburbanluxury
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.38%
Total ROI
54.0%
Cash Flow
$-964/mo
DSCR
0.70
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-964/mo net cash flow with a 4.4% 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 |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $625,000 | $287 |
| 2026-09-17 | Pending sale | $625,000 | $287 |
| 2026-09-16 | Price change | $625,000 | $287 |
| 2026-08-24 | Price change | $650,000 | $298 |
| 2026-08-07 | Price change | $675,000 | $310 |
| 2026-07-23 | Listed for sale | $685,000 | $315 |
| 2026-06-20 | Listing removed | $679,990 | $312 |
| 2026-06-11 | Price change | $679,990 | $312 |
| 2026-04-16 | Price change | $664,990 | $305 |
| 2026-03-15 | Listed for sale | $679,990 | $312 |
| 2020-08-25 | Sold | $456,700 | $210 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,655.04 | $424,910 |
| 2024 | $5,332.52 | $412,940 |
| 2023 | $5,258.02 | $400,920 |
| 2022 | $4,909.6 | $389,250 |
| 2021 | $5,135.69 | $377,920 |
| 2020 | $1,405.68 | $77,000 |
| 2019 | $287.77 | $0 |
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