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510 Magnolia Ave

Melbourne Beach, FL 32951

3 bd 2 ba 1,248 sqft Built 1958 Lot 13,068 sqft single_family
Most recent sale
$630,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 12, 2026 Price changed $650,000 SpaceCoast
Feb 4, 2026 Price changed $660,000 SpaceCoast
Jan 24, 2026 Listed $675,000 SpaceCoast
Feb 1, 2025 Listing removed $1,850 SpaceCoast
Apr 29, 2022 Sold $630,000 MLS #929919
Mar 18, 2022 Listed $629,000 MLS #929919
Feb 22, 2021 Sold $388,000 MLS #893525
Dec 1, 2020 Listed for rent $2,000 SpaceCoast
Jun 20, 2019 Price changed for rent $2,200 SpaceCoast
May 9, 2019 Price changed for rent $1,900 SpaceCoast
Apr 25, 2019 Price changed for rent $1,950 SpaceCoast
Mar 11, 2019 Listed for rent $2,000 AppfolioUnits
Mar 7, 2019 Price changed for rent $2,000 SpaceCoast
Feb 28, 2019 Listed for rent $2,100 SpaceCoast
Jul 26, 2013 Listing removed $1,050 SpaceCoast
Mar 13, 2012 Listing removed $1,000 SpaceCoast
Sep 11, 2008 Listed for rent $1,200 SpaceCoast
Mar 26, 2008 Listed for rent $1,250 SpaceCoast
Jan 5, 2007 Listing removed $1,095 SpaceCoast
Dec 29, 2004 Listing removed $1,250 SpaceCoast
Nov 14, 2002 Listed for rent $1,095 SpaceCoast
Jan 4, 1996 Listed for rent $1,300 SpaceCoast
Jan 1, 1990 Listed for rent $1,050 SpaceCoast
Jan 1, 1981 Sold $73,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $139,750 $330,000 $469,750 $6,580
2024 $139,750 $330,000 $469,750 $6,464
2023 $149,280 $330,000 $479,280 $6,801
2022 $143,300 $315,000 $458,300 $7,226
2021 $64,860 $240,000 $304,860 $5,169
2020 $66,430 $240,000 $306,430 $5,230
2019 $87,530 $200,000 $287,530 $5,029
2018 $70,740 $200,000 $270,740 $4,802
2017 $73,700 $200,000 $273,700 $4,597
2016 $83,520 $150,000 $233,520 $4,287
2015 $204,140 $4,012
2014 $185,590 $3,725
2013 $168,720 $3,410
2012 $157,440 $3,232
2011 $158,550 $3,211
2010 $186,390 $3,456
2009 $210,070 $3,645
2008 $234,000 $3,847

Property facts

Year built
1958
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,248 sqft
Lot size
13,068 sqft
ZIP code
32951
City
Melbourne Beach
Street
Magnolia Ave
Coordinates
28.07645, -80.56719

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
$2,309
Gross rental yield
4.40%
Implied cap rate
2.86%
Trend-extrapolated value

Frequently asked questions

When did 510 Magnolia Ave last sell?
510 Magnolia Ave most recently sold on Apr 29, 2022 for $630,000.
What is the current tax assessment for 510 Magnolia Ave?
The most recent total assessment for 510 Magnolia Ave (year 2025) is $469,750 with $6,580 in property tax.
How does 510 Magnolia Ave's assessment compare to its last sale price?
The current assessment is 25.4% below the last sale price of $630,000.
When was 510 Magnolia Ave built?
510 Magnolia Ave was built in 1958.
How does 510 Magnolia Ave compare to others on Magnolia Ave?
We track 7 other properties on Magnolia Ave. Browse the list under "Other properties on Magnolia Ave" to compare beds, baths, and sale history.
What are the property facts for 510 Magnolia Ave?
510 Magnolia Ave is a 3 bed, 2 bath, 1,248 sqft, 13,068 sqft lot single_family.
Is 510 Magnolia Ave a flip candidate?
Yes — 510 Magnolia Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 510 Magnolia Ave a tax-appeal candidate?
No — 510 Magnolia 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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