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507 Andrews Dr

Melbourne Beach, FL 32951

3 bd 2 ba 2,151 sqft Built 1973 Lot 11,761 sqft single_family
Most recent sale
$910,000
Aug 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 23, 2022 Sold $910,000 MLS #939021
Jul 6, 2022 Listed $875,000 MLS #939021
Nov 27, 2019 Sold $572,000 MLS #858557
Jul 31, 2017 Sold $385,000 MLS #782192
Jun 16, 2017 Price changed $400,000 MLS #782192
May 21, 2017 Price changed $410,000 MLS #782192
May 1, 2017 Listed $420,000 MLS #782192
Dec 28, 2007 Sold $206,700 Public Record
Jul 1, 1973 Sold $43,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $335,560 $330,000 $665,560 $9,454
2024 $335,560 $330,000 $665,560 $9,701
2023 $361,750 $330,000 $691,750 $9,962
2021 $438,680 $6,711
2020 $199,310 $240,000 $439,310 $7,458
2019 $313,150 $4,762
2018 $107,320 $200,000 $307,320 $4,732
2017 $178,320 $2,514
2016 $174,660 $2,568
2015 $173,450 $2,608
2014 $172,080 $2,614
2013 $169,540 $2,633
2012 $166,710 $2,599
2011 $161,860 $2,468
2010 $159,470 $2,221
2009 $155,280 $2,019
2008 $155,130 $1,920

Property facts

Year built
1973
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,151 sqft
Lot size
11,761 sqft
ZIP code
32951
City
Melbourne Beach
Street
Andrews Dr
Coordinates
28.07242, -80.56441

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,979
Gross rental yield
5.25%
Implied cap rate
3.41%
Trend-extrapolated value

Frequently asked questions

When did 507 Andrews Dr last sell?
507 Andrews Dr most recently sold on Aug 23, 2022 for $910,000.
What is the current tax assessment for 507 Andrews Dr?
The most recent total assessment for 507 Andrews Dr (year 2025) is $665,560 with $9,454 in property tax.
How does 507 Andrews Dr's assessment compare to its last sale price?
The current assessment is 26.9% below the last sale price of $910,000.
When was 507 Andrews Dr built?
507 Andrews Dr was built in 1973.
How does 507 Andrews Dr compare to others on Andrews Dr?
We track 6 other properties on Andrews Dr. Browse the list under "Other properties on Andrews Dr" to compare beds, baths, and sale history.
What are the property facts for 507 Andrews Dr?
507 Andrews Dr is a 3 bed, 2 bath, 2,151 sqft, 11,761 sqft lot single_family.
Is 507 Andrews Dr a flip candidate?
No — 507 Andrews Dr does not appear in our flips dataset.
Is 507 Andrews Dr a tax-appeal candidate?
No — 507 Andrews 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
-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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