332 Island Dr
Melbourne Beach, FL 32951
3 bd 3 ba 2,568 sqft Built 2002 Lot 11,326 sqft single_family
Most recent sale
$887,500
Feb 14, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 14, 2024 | Sold | $887,500 | IndianRiverCounty |
| Jan 8, 2024 | Price changed | $925,000 | IndianRiverCounty |
| Nov 29, 2023 | Listed | $952,000 | IndianRiverCounty |
| Nov 16, 2023 | Listed | $952,000 | SpaceCoast |
| Apr 12, 2002 | Sold | $378,800 | Public Record |
| Aug 1, 2000 | Sold | $69,900 | Public Record |
| May 16, 1995 | Sold | $53,000 | Public Record |
| Aug 31, 1994 | Sold | $50,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $535,660 | $175,000 | $710,660 | $9,045 |
| 2024 | $535,660 | $175,000 | $710,660 | $5,016 |
| 2022 | — | — | $370,390 | $4,610 |
| 2021 | — | — | $359,610 | $4,824 |
| 2020 | — | — | $354,650 | $4,778 |
| 2019 | — | — | $343,170 | $4,698 |
| 2018 | — | — | $336,780 | $4,722 |
| 2017 | — | — | $329,860 | $4,790 |
| 2016 | — | — | $323,080 | $4,891 |
| 2015 | — | — | $320,840 | $5,051 |
| 2014 | — | — | $318,300 | $5,094 |
| 2013 | — | — | $313,600 | $5,141 |
| 2012 | — | — | $308,360 | $4,748 |
| 2011 | — | — | $314,700 | $4,865 |
| 2010 | — | — | $365,640 | $5,314 |
| 2009 | — | — | $398,480 | $5,527 |
| 2008 | — | — | $460,000 | $6,481 |
| 2007 | — | — | $477,000 | $6,874 |
Property facts
Year built
2002
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,568 sqft
Lot size
11,326 sqft
ZIP code
32951
City
Melbourne Beach
Street
Island Dr
Coordinates
27.98785, -80.52298
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
$4,751
Gross rental yield
6.42%
Implied cap rate
4.18%
Trend-extrapolated value
—
Frequently asked questions
When did 332 Island Dr last sell?
332 Island Dr most recently sold on Feb 14, 2024 for $887,500.
What is the current tax assessment for 332 Island Dr?
The most recent total assessment for 332 Island Dr (year 2025) is $710,660 with $9,045 in property tax.
How does 332 Island Dr's assessment compare to its last sale price?
The current assessment is 19.9% below the last sale price of $887,500.
When was 332 Island Dr built?
332 Island Dr was built in 2002.
How does 332 Island Dr compare to others on Island Dr?
We track 8 other properties on Island Dr. Browse the list under "Other properties on Island Dr" to compare beds, baths, and sale history.
What are the property facts for 332 Island Dr?
332 Island Dr is a 3 bed, 3 bath, 2,568 sqft, 11,326 sqft lot single_family.
Is 332 Island Dr a flip candidate?
No — 332 Island Dr does not appear in our flips dataset.
Is 332 Island Dr a tax-appeal candidate?
No — 332 Island Dr 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 Island Dr