406 Ocean Ave
Melbourne Beach, FL 32951
4 bd 4 ba 3,693 sqft Built 2019 Lot 7,405 sqft single_family
Most recent sale
$1,475,000
Apr 5, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 5, 2024 | Sold | $1,475,000 | SpaceCoast |
| Jan 19, 2024 | Listed | $1,575,000 | SpaceCoast |
| Sep 26, 2018 | Sold | $751,000 | IndianRiverCounty |
| Mar 8, 2018 | Listed | $751,000 | IndianRiverCounty |
| Mar 5, 2018 | Listed | $751,000 | SpaceCoast |
| Feb 25, 2016 | Sold | $350,000 | SpaceCoast |
| Nov 2, 2015 | Relisted | $499,900 | SpaceCoast |
| Mar 6, 2015 | Listing removed | $379,000 | SpaceCoast |
| Dec 17, 2014 | Listed | $379,000 | SpaceCoast |
| Feb 2, 2014 | Listing removed | $499,900 | SpaceCoast |
| Feb 21, 2012 | Listed | $499,900 | SpaceCoast |
| Feb 5, 2012 | Listing removed | $499,900 | SpaceCoast |
| Aug 5, 2011 | Listing removed | $599,000 | SpaceCoast |
| Aug 4, 2011 | Listed | $499,900 | SpaceCoast |
| Aug 4, 2011 | Listing removed | $499,900 | SpaceCoast |
| Jul 20, 2011 | Price changed | $599,000 | SpaceCoast |
| May 2, 2011 | Listing removed | $649,000 | SpaceCoast |
| Apr 28, 2011 | Price changed | $649,000 | SpaceCoast |
| Apr 28, 2011 | Listed | $649,000 | SpaceCoast |
| Feb 4, 2011 | Listed | $499,900 | SpaceCoast |
| Oct 15, 2010 | Price changed | $699,000 | SpaceCoast |
| Mar 10, 2010 | Listed | $750,000 | SpaceCoast |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $425,750 | $6,079 |
| 2021 | — | — | $413,350 | $6,289 |
| 2020 | — | — | $407,650 | $6,237 |
| 2019 | — | $106,240 | $106,240 | $1,826 |
Property facts
Year built
2019
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,693 sqft
Lot size
7,405 sqft
ZIP code
32951
City
Melbourne Beach
Street
Ocean Ave
Coordinates
28.06874, -80.56164
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
$6,832
Gross rental yield
5.56%
Implied cap rate
3.61%
Trend-extrapolated value
—
Frequently asked questions
When did 406 Ocean Ave last sell?
406 Ocean Ave most recently sold on Apr 5, 2024 for $1,475,000.
What is the current tax assessment for 406 Ocean Ave?
The most recent total assessment for 406 Ocean Ave (year 2022) is $425,750 with $6,079 in property tax.
How does 406 Ocean Ave's assessment compare to its last sale price?
The current assessment is 71.1% below the last sale price of $1,475,000.
When was 406 Ocean Ave built?
406 Ocean Ave was built in 2019.
How does 406 Ocean Ave compare to others on Ocean Ave?
We track 8 other properties on Ocean Ave. Browse the list under "Other properties on Ocean Ave" to compare beds, baths, and sale history.
What are the property facts for 406 Ocean Ave?
406 Ocean Ave is a 4 bed, 4 bath, 3,693 sqft, 7,405 sqft lot single_family.
Is 406 Ocean Ave a flip candidate?
No — 406 Ocean Ave does not appear in our flips dataset.
Is 406 Ocean Ave a tax-appeal candidate?
No — 406 Ocean Ave 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 Ocean Ave