Zip Code
349 Hammock Rd SE, Palm Bay, FL 32909
3 beds · 2 baths · 1,356 sq ft · Lot: 11,326 sq ft · Single Family Home · Last Sold: $171K in 2020 · Built: 1989
Est. Value:
$260K
Est. Rent:
$1.9K/month

349 Hammock Rd SE Palm Bay, FL 32909

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3 beds · 2 baths · 1,356 sq ft · Lot Size: 11,326 sq ft · Single Family Home
Est. Property Value: $259,919

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

349 Hammock Rd SE is in the 32909 neighborhood of Palm Bay, FL. It is located in Brevard County and ZIP code 32909. This Single Family Home was built in 1989 and is approximately 36 years old. The single family home spans 1356 sq ft with 3 bedrooms and 2 bathrooms and sits on a 11326 sq ft lot. According to public records, it was last sold in 2020 for $171,000 and has a tax-assessed value of $212,600, which is $192 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 349 Hammock Rd SE Palm Bay, FL 32909 with Property Intel by Whitepages.

Investment Potential for 349 Hammock Rd SE

The property has a current estimated value of $259,919, which is 3% below the zip median, based on public records. It last sold on April 23, 2020 for $171K. Projected long-term
is $23,400 annually ($1,950 per month) with a 90% occupancy rate.

Discover more Single Family Homes in 32909.

Long-Term

Gross Rental
$23,400 per year($1,950 per month)
Net Operating Income
Cap Rate
Occupancy Rate
90%in 32909 zip code
 
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Owners & Occupancy for 349 Hammock Rd SE

This property is owned by Daniel Howard McGinnis. Owner contact information includes 2 phone numbers and 3 email addresses.

Property Owners

Cell Phone(386) ***-****View Cell Phone
Residence**************
Landline(386) 676-0914
Distance from Property**********
Email Address*******@latterblum.comView Email

Property Ownership Information

Purchase DateApril 23, 2020
Property Tax Amount$3,818 in 2024
Purchase Price$171,000

Occupancy

Resident 1***************** age 43
Resident 2********************* age 35

Property Details for 349 Hammock Rd SE

Property Details

Property Sq Ft

Living Area

1,356 sq ft

13% below market

Lot Size

11,326 sq ft

13% above market

Price Per Sq Ft

Living Area

$192 / sq ft

8% above market

Lot Size Area

$23 / sq ft

6% below market

Property condition, age, exterior, etc. for 349 Hammoc…
Longitude: -80.663991 Latitude: 27.959796 Parcel Number (APN): 29 3718-JR-2662-17…
Mortgage originated on through lender: Mortgage Firm Inc for$******View Mortgage Details
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Market Benchmarks

Compare data for 349 Hammock Rd SE in Brevard County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$259,919
$352,849
-$92,930 (-26%)
$469,783
-$155,590 (-33%)
YoY Price Change
1.8%
-217%
Year Built
1989
1990
-1 years
Living Space
1,356 sq ft
1,630 sq ft
-274 (-17%)
$ Per Living Sq Ft
$192
$217
-$25 (-12%)
Lot Size
11,326 sq ft
9,599 sq ft
1727 (18%)
$ Per Lot Sq Ft
$23
$40
-$17 (-43%)

Net Operating Income
$19,987
-$5,430 (-27%)
Annual Revenue
$23,400
$29,400
-$6,000 (-20%)
$9,588
-$745 (-8%)
Net Operating Income
$19,987
-$5,430 (-27%)
Cap Rate
5.67%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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