40 Cove Rd
Melbourne Beach, FL 32951
3 bd 3 ba 1,256 sqft Built 1979 Lot 4,792 sqft condos
Most recent sale
$310,000
Apr 5, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 5, 2024 | Sold | $310,000 | SpaceCoast |
| Feb 28, 2024 | Price changed | $325,000 | SpaceCoast |
| Feb 6, 2024 | Price changed | $379,888 | SpaceCoast |
| Jan 19, 2024 | Listed | $399,888 | SpaceCoast |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $256,840 | — | $256,840 | $3,639 |
| 2024 | $256,840 | — | $256,840 | $3,737 |
| 2022 | — | — | $97,070 | $918 |
| 2021 | — | — | $92,820 | $908 |
| 2020 | — | — | $91,540 | $858 |
| 2019 | — | — | $89,490 | $809 |
| 2018 | — | — | $87,830 | $802 |
| 2017 | — | — | $86,030 | $792 |
| 2016 | — | — | $84,270 | $793 |
| 2015 | — | — | $83,690 | $806 |
| 2014 | — | — | $83,030 | $805 |
| 2013 | — | — | $81,810 | $799 |
| 2012 | — | — | $80,450 | $519 |
| 2011 | — | — | $78,110 | $490 |
| 2010 | — | — | $76,960 | $453 |
| 2009 | — | — | $74,940 | $423 |
| 2008 | — | — | $74,870 | $422 |
| 2007 | — | — | $72,690 | $527 |
Property facts
Year built
1979
Property type
condos
Stories
3
Beds
3
Baths
3
Living area
1,256 sqft
Lot size
4,792 sqft
ZIP code
32951
City
Melbourne Beach
Street
Cove Rd
Coordinates
28.00490, -80.52843
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,324
Gross rental yield
9.00%
Implied cap rate
5.85%
Trend-extrapolated value
—
Frequently asked questions
When did 40 Cove Rd last sell?
40 Cove Rd most recently sold on Apr 5, 2024 for $310,000.
What is the current tax assessment for 40 Cove Rd?
The most recent total assessment for 40 Cove Rd (year 2025) is $256,840 with $3,639 in property tax.
How does 40 Cove Rd's assessment compare to its last sale price?
The current assessment is 17.1% below the last sale price of $310,000.
When was 40 Cove Rd built?
40 Cove Rd was built in 1979.
How does 40 Cove Rd compare to others on Cove Rd?
We track 7 other properties on Cove Rd. Browse the list under "Other properties on Cove Rd" to compare beds, baths, and sale history.
What are the property facts for 40 Cove Rd?
40 Cove Rd is a 3 bed, 3 bath, 1,256 sqft, 4,792 sqft lot condos.
Is 40 Cove Rd a flip candidate?
No — 40 Cove Rd does not appear in our flips dataset.
Is 40 Cove Rd a tax-appeal candidate?
No — 40 Cove Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.5%
Implied 1-yr
-14.1%
2026 Q3
$628.8K
2026 Q4
$600.1K
ZIP 32951 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cove Rd