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231 5th Ave

Melbourne Beach, FL 32951

3 bd 2 ba 1,429 sqft Built 1964 Lot 14,810 sqft single_family
Most recent sale
$495,000
May 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 18, 2026 Listing removed $4,250 SpaceCoast
Jan 7, 2026 Listed for rent $4,250 SpaceCoast
Aug 5, 2025 Sold $660,000 SpaceCoast
May 26, 2022 Sold $495,000 Public Record
Sep 21, 2021 Listed $469,000 MLS #916374
Jul 1, 1987 Sold $84,000 Public Record
Sep 1, 1978 Sold $52,000 Public Record
May 1, 1978 Sold $463,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $105,260 $528,000 $633,260 $9,644
2024 $105,260 $528,000 $633,260 $10,537
2023 $132,550 $528,000 $660,550 $10,165
2022 $85,320 $528,000 $613,320 $9,637
2021 $142,590 $1,773
2020 $140,630 $1,753
2019 $137,470 $1,738
2018 $134,910 $1,721
2017 $132,140 $1,693
2016 $129,440 $1,724
2015 $128,550 $1,750
2014 $127,530 $1,751
2013 $125,650 $1,761
2012 $123,550 $1,702
2011 $119,960 $1,609
2010 $118,190 $1,456
2009 $115,090 $1,322
2008 $114,980 $1,260

Property facts

Year built
1964
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,429 sqft
Lot size
14,810 sqft
ZIP code
32951
City
Melbourne Beach
Street
5th Ave
Coordinates
28.06327, -80.55815

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,644
Gross rental yield
6.41%
Implied cap rate
4.17%
Trend-extrapolated value

Frequently asked questions

When did 231 5th Ave last sell?
231 5th Ave most recently sold on May 26, 2022 for $495,000.
What is the current tax assessment for 231 5th Ave?
The most recent total assessment for 231 5th Ave (year 2025) is $633,260 with $9,644 in property tax.
How does 231 5th Ave's assessment compare to its last sale price?
The current assessment is 27.9% above the last sale price of $495,000.
When was 231 5th Ave built?
231 5th Ave was built in 1964.
How does 231 5th Ave compare to others on 5th Ave?
We track 8 other properties on 5th Ave. Browse the list under "Other properties on 5th Ave" to compare beds, baths, and sale history.
What are the property facts for 231 5th Ave?
231 5th Ave is a 3 bed, 2 bath, 1,429 sqft, 14,810 sqft lot single_family.
Is 231 5th Ave a flip candidate?
No — 231 5th Ave does not appear in our flips dataset.
Is 231 5th Ave a tax-appeal candidate?
No — 231 5th 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
-3.5%
Implied 1-yr
-14.1%
2026 Q3
$628.8K
2026 Q4
$600.1K
ZIP 32951 — Median Price History + Forecast

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