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502 Melbourne Ave

Indialantic, FL 32903

4 bd 3 ba 2,646 sqft Built 1965 Lot 20,473 sqft single_family
Most recent sale
$915,000
May 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 17, 2022 Sold $915,000 MLS #931127
Apr 15, 2022 Listed $899,900 MLS #931127
May 20, 2013 Sold $400,000 MLS #658537
Mar 19, 2013 Price changed $429,000 MLS #658537
Jan 19, 2013 Listed $459,000 MLS #658537
Dec 13, 2007 Sold $475,000 MLS #479222
Oct 9, 2007 Listed $499,000 MLS #479222
Jan 31, 2002 Sold $230,000 Public Record
May 30, 1975 Sold $80,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $561,140 $9,221
2024 $561,140 $8,833
2023 $529,450 $8,637
2022 $348,710 $5,253
2021 $338,560 $5,414
2020 $333,890 $5,412
2019 $326,390 $5,344
2018 $320,310 $5,377
2017 $313,730 $5,188
2016 $307,280 $5,235
2015 $305,150 $5,406
2014 $302,730 $5,450
2013 $193,490 $3,269
2012 $190,260 $3,264
2011 $184,720 $3,151
2010 $181,990 $2,845
2009 $177,210 $2,595
2008 $352,000 $6,500
2007 $254,120 $4,043

Property facts

Year built
1965
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,646 sqft
Lot size
20,473 sqft
ZIP code
32903
City
Indialantic
Street
Melbourne Ave
Coordinates
28.08416, -80.57364

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,895
Gross rental yield
6.42%
Implied cap rate
4.17%
Trend-extrapolated value

Frequently asked questions

When did 502 Melbourne Ave last sell?
502 Melbourne Ave most recently sold on May 17, 2022 for $915,000.
What is the current tax assessment for 502 Melbourne Ave?
The most recent total assessment for 502 Melbourne Ave (year 2025) is $561,140 with $9,221 in property tax.
How does 502 Melbourne Ave's assessment compare to its last sale price?
The current assessment is 38.7% below the last sale price of $915,000.
When was 502 Melbourne Ave built?
502 Melbourne Ave was built in 1965.
How does 502 Melbourne Ave compare to others on Melbourne Ave?
We track 8 other properties on Melbourne Ave. Browse the list under "Other properties on Melbourne Ave" to compare beds, baths, and sale history.
What are the property facts for 502 Melbourne Ave?
502 Melbourne Ave is a 4 bed, 3 bath, 2,646 sqft, 20,473 sqft lot single_family.
Is 502 Melbourne Ave a flip candidate?
No — 502 Melbourne Ave does not appear in our flips dataset.
Is 502 Melbourne Ave a tax-appeal candidate?
No — 502 Melbourne Ave 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
-3.3%
Implied 1-yr
-13.2%
2026 Q3
$615.4K
2026 Q4
$589.6K
ZIP 32903 — Median Price History + Forecast

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