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385 Formosa Dr

Cocoa Beach, FL 32931

3 bd 2 ba 1,578 sqft Built 1963 Lot 8,712 sqft single_family
Most recent sale
$554,900
May 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 6, 2022 Sold $554,900 MLS #929723
Mar 17, 2022 Listed $564,900 MLS #929723
Feb 6, 2019 Sold $335,000 MLS #832643
Dec 26, 2018 Listed $345,000 MLS #832643
Apr 28, 2016 Sold $276,500 MLS #744652
Feb 11, 2016 Price changed $299,000 MLS #744652
Jan 20, 2016 Listed $310,000 MLS #744652
Oct 7, 2015 Listing removed $310,000 SpaceCoast
Sep 25, 2015 Listed $310,000 MLS #735792
Sep 3, 2010 Listing removed $270,000 SpaceCoast
May 27, 2010 Price changed $270,000 MLS #563202
Mar 3, 2010 Listed $289,000 MLS #563202
Apr 22, 2004 Sold $259,000 Public Record
Jan 11, 2000 Sold $104,000 Public Record
May 1, 1989 Sold $89,000 Public Record
Feb 1, 1986 Sold $76,500 Public Record
Jul 1, 1975 Sold $32,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $304,070 $265,000 $569,070 $9,127
2024 $304,070 $265,000 $569,070 $9,663
2023 $230,970 $260,000 $490,970 $8,098
2021 $167,520 $2,120
2020 $165,210 $2,099
2019 $100,510 $141,000 $241,510 $4,109
2018 $101,380 $130,000 $231,380 $4,006
2017 $85,600 $140,000 $225,600 $4,028
2016 $75,520 $110,000 $185,520 $3,093
2015 $144,230 $2,827
2014 $131,120 $2,473
2013 $119,200 $2,291
2012 $110,920 $2,147
2011 $120,590 $2,342
2010 $143,470 $2,557
2009 $164,210 $2,735
2008 $238,000 $3,928
2007 $269,000 $4,321

Property facts

Year built
1963
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,578 sqft
Lot size
8,712 sqft
ZIP code
32931
City
Cocoa Beach
Street
Formosa Dr
Coordinates
28.32665, -80.61546

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,919
Gross rental yield
6.31%
Implied cap rate
4.10%
Trend-extrapolated value

Frequently asked questions

When did 385 Formosa Dr last sell?
385 Formosa Dr most recently sold on May 6, 2022 for $554,900.
What is the current tax assessment for 385 Formosa Dr?
The most recent total assessment for 385 Formosa Dr (year 2025) is $569,070 with $9,127 in property tax.
How does 385 Formosa Dr's assessment compare to its last sale price?
The current assessment is 2.6% above the last sale price of $554,900.
When was 385 Formosa Dr built?
385 Formosa Dr was built in 1963.
How does 385 Formosa Dr compare to others on Formosa Dr?
We track 5 other properties on Formosa Dr. Browse the list under "Other properties on Formosa Dr" to compare beds, baths, and sale history.
What are the property facts for 385 Formosa Dr?
385 Formosa Dr is a 3 bed, 2 bath, 1,578 sqft, 8,712 sqft lot single_family.
Is 385 Formosa Dr a flip candidate?
No — 385 Formosa Dr does not appear in our flips dataset.
Is 385 Formosa Dr a tax-appeal candidate?
No — 385 Formosa Dr 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
+0.3%
Implied 1-yr
+1.4%
2026 Q3
$772.6K
2026 Q4
$775.2K
ZIP 32931 — Median Price History + Forecast

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