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425 Forbes St

Palm Bay, FL 32909

3 bd 2 ba 1,284 sqft Built 2022 Lot 10,454 sqft single_family
Most recent sale
$243,490
Aug 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 16, 2022 Sold $243,490 MLS #917814
Oct 8, 2021 Listed $242,990 MLS #917814

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $196,750 $31,000 $227,750 $3,458
2024 $196,750 $31,000 $227,750 $3,478
2023 $199,150 $25,000 $224,150 $3,471
2022 $9,350 $331
2021 $8,500 $8,500 $194
2020 $7,260 $170
2019 $6,600 $6,600 $209
2018 $5,600 $5,600 $164
2017 $5,000 $5,000 $163
2016 $4,000 $4,000 $96
2015 $2,900 $92
2014 $2,640 $85
2013 $2,400 $75
2012 $2,500 $60
2011 $3,500 $84
2010 $5,000 $108
2009 $8,500 $171
2008 $16,000 $301
2007 $20,000 $361

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,284 sqft
Lot size
10,454 sqft
ZIP code
32909
City
Palm Bay
Street
Forbes St
Coordinates
27.91535, -80.66200

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,375
Gross rental yield
11.70%
Implied cap rate
7.61%
Trend-extrapolated value

Frequently asked questions

When did 425 Forbes St last sell?
425 Forbes St most recently sold on Aug 16, 2022 for $243,490.
What is the current tax assessment for 425 Forbes St?
The most recent total assessment for 425 Forbes St (year 2025) is $227,750 with $3,458 in property tax.
How does 425 Forbes St's assessment compare to its last sale price?
The current assessment is 6.5% below the last sale price of $243,490.
When was 425 Forbes St built?
425 Forbes St was built in 2022.
How does 425 Forbes St compare to others on Forbes St?
We track 7 other properties on Forbes St. Browse the list under "Other properties on Forbes St" to compare beds, baths, and sale history.
What are the property facts for 425 Forbes St?
425 Forbes St is a 3 bed, 2 bath, 1,284 sqft, 10,454 sqft lot single_family.
Is 425 Forbes St a flip candidate?
No — 425 Forbes St does not appear in our flips dataset.
Is 425 Forbes St a tax-appeal candidate?
No — 425 Forbes St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.4%
Implied 1-yr
-5.7%
2026 Q3
$262K
2026 Q4
$257.9K
ZIP 32909 — Median Price History + Forecast

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