717 Spanish Moss Ct is a 2,531 sq ft Single Family in Melbourne Beach. It was built in 2006. 717 Spanish Moss Ct sits on 0.10 acres of land. In 2016 similar properties sold for between $558,060 and $1,314,576. We estimate the income value of 717 Spanish Moss Ct at $108,683. The assumptions we used to calculate this value are include in the spreadsheet linked below. Melbourne Beach is in Brevard County, Florida.

717 Spanish Moss Ct Property Summary

717 Spanish Moss Ct
Melbourne Beach
FL 32951

Property Size:2,531 sq ft
Year Built:2006
Property Class:A5
Lat, Long: 27.927, -80.488

Not Offered for Sale

This property is not currently for sale by Visulate but we may be able to find something similar. Contact us for details.

Estimated Value: 717 Spanish Moss Ct

Market Data

In 2016 class A single family properties in Melbourne Beach sold for $220.49 to 519.39 per sq ft with a median price per sq ft of $277.24. Class B properties sold for $154.73 to 220.48 per sq ft with a median of $189.71 and class C properties sold for $33.45 to 154.72 per sq ft with a median of $145.46.

Market Valuation

717 Spanish Moss Ct appears to be an A Class property. Suggested value: $701,694

Value1,314,576 701,694 558,060

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $108,683. Details of how we produced this estimate value appear below:

The income value of a property identifies its value as a rental property, Value = Rent - Expenses / Cap Rate. The following table shows four different rent estimates for 717 Spanish Moss Ct:

  • The Household Income estimate assumes the tenant has a total household income of $125,709 and spends 31% of this on rent. The household income estimate is derived from census data and tax records.
  • The Household Income - Renters estimate performs a similar calculation based on the household income of renters rather than all households.
  • The Market Rents estimate evaluates this property in comparison to rental properties in the area.
  • The Price/Ft estimate uses the size of the property to estimate its rent.

Click on a rent value to download a spreadsheet that estimates the NOI (net operating income), cash on cash return, income value and IRR (internal rate of return) for this property.

Valuation ModelMonthly Rent
Household Income - All Households $3,247
Household Income - Renters $1,377
Market Rents $1,184
Price/Ft $2,999

Expense Estimates:

  • Census data records show 9% of the rental properties in this area are vacant. We've added a 5% bad dept allowance to this.
  • Maintenance costs are estimated based on the size of the property.
  • The property tax estimate uses the average millage rate for the county. It does not include adjustments for city or unincorporated areas. Actual taxes may vary.
  • Insurance estimates are based on the size and location of the property. They are not adjusted for age, flood zone or other risk factors
  • We don't have a way to estimate HOA fees. These should be added manually

The following table shows a income valuation estimate for 717 Spanish Moss Ct. Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to Google Drive.

Monthly Rent1,652
Annual Rent per Sq Ft8.00
Gross Annual Rent19,825
Vacancies and Bad Debt14%
Vacancies and Bad Debt Amount2,776
HOA, Utilities and CAM0
Property Taxes4,856
Management Fees1,983
Cap Rate6
Estimated Value108,683
Edit Values and Estimate Cashflow Estimate Cashflow
Save to Google Drive (Google login required)

Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.

Search County Property Tax and Court Records

Select a county from the list then click on the links to connect to the Property Appraiser or Clerk of Courts website

Local Household Income

The median household income in this part of Florida is $72,768. The bottom 10% of the population earn less than $23,880 per year. The top 10% earn more than $187,088 per year. The top 1% earn more than $641,838 per year. Most renters earn between $33,936 (20th percentile) and $61,692 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $145,536 and $181,920.

The tax assessed value of this property places it in percentile 77 of all properties in this area. This suggests it would appeal to someone earning around $125,709 per year who should qualify for a mortgage between $251,418 and $314,273.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $1,015. Most renters earn between $2,828 and $5,141 per month. They typically spend 31% of their monthly income on rent. Most rents fall in the $738 (20th percentile) to $1,432 (80th percentile) range. The residential vacancy rate is 9%.

This property falls in percentile 77 of all properties in this area. This corresponds to a rent of $1,375 per month and a monthly household income of $4,877 ($58,524 per year)


  1. 717 Spanish Moss Ct, Melbourne Beach, FL on Zillow
  2. Recent Sales near 717 Spanish Moss Ct, Melbourne Beach, FL on Realtor.com
  3. 717 Spanish Moss Ct, Melbourne Beach, FL on Google Maps
  4. 717 Spanish Moss Ct Walkscore
  5. Melbourne Beach, FL Property Values on Trulia
  6. Search for EPA and DEP Cleanup Sites


  1. 717 Spanish Moss Ct Building Footprint


BuildingYear BuiltSizeUsageFeatures
Building 1 2006 2,531.00 1/2 Duplex Used As Sfr Stucco Exterior, Masonry Concete Frame, Wood Frame, Cem/Cly/Mtl Tile Roof, Hip/Gable Roof, Garage, Pool,

Owner Details

Companies near this Address

  1. Westwind For Brevard LLC (250 Beverly Ct)
  2. 5920 A1a, LLC (250 Beverly Ct)
  3. Laura Dowling-Roy, P.A. (250 Beverly Ct)
  4. South Brevard Water Co-Op, Inc. (41 Mohican Way)
  5. L Marie And Company LLC (42 Mohican Way)
  6. Coastal Legal Support, LLC (7363 Stuart Ave)
  7. Bg Endeavors, Inc. (7363 Stuart Ave)
  8. Castle Safe Corp. (7383 Stuart Ave)

Sales History

DateSold BySold ToDeed TypePrice
05/04/2009 Seller: 197316 Buyer: 262858 Warranty Deed/Special Warranty Deed 267,500.00
04/01/2014 Seller: 262858 Buyer: 9736826 Unknown 251,000.00
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.