7421 Matanilla Reef Way
Melbourne Beach, FL 32951
3 bd 5 ba 2,906 sqft Built 2017 Lot 6,970 sqft single_family
Most recent sale
$1,415,000
Mar 8, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 8, 2024 | Sold | $1,415,000 | SpaceCoast |
| Dec 2, 2023 | Listed | $1,459,000 | SpaceCoast |
| Nov 6, 2020 | Sold | $1,215,000 | SpaceCoast |
| Feb 6, 2017 | Sold | $846,395 | SpaceCoast |
| Jul 26, 2016 | Listed | $649,900 | SpaceCoast |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $808,400 | $10,478 |
| 2021 | $594,910 | $140,000 | $734,910 | $10,190 |
| 2020 | $578,030 | $135,000 | $713,030 | $10,054 |
| 2019 | $599,400 | $135,000 | $734,400 | $10,595 |
| 2018 | $631,860 | $135,000 | $766,860 | $11,348 |
| 2017 | — | $135,000 | $135,000 | $2,173 |
Property facts
Year built
2017
Property type
single_family
Stories
3
Beds
3
Baths
5
Living area
2,906 sqft
Lot size
6,970 sqft
ZIP code
32951
City
Melbourne Beach
Street
Matanilla Reef Way
Coordinates
27.92413, -80.48461
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,376
Gross rental yield
4.56%
Implied cap rate
2.96%
Trend-extrapolated value
—
Frequently asked questions
When did 7421 Matanilla Reef Way last sell?
7421 Matanilla Reef Way most recently sold on Mar 8, 2024 for $1,415,000.
What is the current tax assessment for 7421 Matanilla Reef Way?
The most recent total assessment for 7421 Matanilla Reef Way (year 2022) is $808,400 with $10,478 in property tax.
How does 7421 Matanilla Reef Way's assessment compare to its last sale price?
The current assessment is 42.9% below the last sale price of $1,415,000.
When was 7421 Matanilla Reef Way built?
7421 Matanilla Reef Way was built in 2017.
How does 7421 Matanilla Reef Way compare to others on Matanilla Reef Way?
We track 8 other properties on Matanilla Reef Way. Browse the list under "Other properties on Matanilla Reef Way" to compare beds, baths, and sale history.
What are the property facts for 7421 Matanilla Reef Way?
7421 Matanilla Reef Way is a 3 bed, 5 bath, 2,906 sqft, 6,970 sqft lot single_family.
Is 7421 Matanilla Reef Way a flip candidate?
No — 7421 Matanilla Reef Way does not appear in our flips dataset.
Is 7421 Matanilla Reef Way a tax-appeal candidate?
No — 7421 Matanilla Reef Way 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
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