262 Sanibel Way
Melbourne Beach, FL 32951
3 bd 3 ba 2,340 sqft Built 1998 Lot 7,405 sqft single_family
Most recent sale
$770,000
Aug 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 11, 2024 | Price changed | $805,000 | SpaceCoast |
| Mar 30, 2024 | Listed | $815,000 | SpaceCoast |
| Aug 21, 2022 | Sold | $770,000 | MLS #939490 |
| Jul 31, 2022 | Listed | $769,000 | MLS #258673 |
| Jul 1, 2022 | Listed | $769,000 | MLS #939490 |
| Jul 24, 2001 | Sold | $240,000 | Public Record |
| Oct 10, 1997 | Sold | $47,500 | Public Record |
| Sep 24, 1997 | Sold | $320,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $536,320 | $165,000 | $701,320 | $9,369 |
| 2024 | $536,320 | $165,000 | $701,320 | $8,460 |
| 2023 | $527,860 | $135,000 | $662,860 | $8,357 |
| 2022 | — | — | $259,710 | $3,302 |
| 2021 | — | — | $252,150 | $3,431 |
| 2020 | — | — | $248,670 | $3,367 |
| 2019 | — | — | $243,080 | $3,322 |
| 2018 | — | — | $238,550 | $3,331 |
| 2017 | — | — | $233,650 | $3,367 |
| 2016 | — | — | $228,850 | $3,428 |
| 2015 | — | — | $227,260 | $3,532 |
| 2014 | — | — | $225,460 | $3,559 |
| 2013 | — | — | $222,130 | $3,585 |
| 2012 | — | — | $218,420 | $3,166 |
| 2011 | — | — | $224,060 | $3,269 |
| 2010 | — | — | $222,660 | $2,994 |
| 2009 | — | — | $216,810 | $2,746 |
| 2008 | — | — | $216,600 | $2,748 |
| 2007 | — | — | $205,560 | $2,746 |
Property facts
Year built
1998
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,340 sqft
Lot size
7,405 sqft
ZIP code
32951
City
Melbourne Beach
Street
Sanibel Way
Coordinates
28.03778, -80.54975
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,329
Gross rental yield
6.75%
Implied cap rate
4.39%
Trend-extrapolated value
—
Frequently asked questions
When did 262 Sanibel Way last sell?
262 Sanibel Way most recently sold on Aug 21, 2022 for $770,000.
What is the current tax assessment for 262 Sanibel Way?
The most recent total assessment for 262 Sanibel Way (year 2025) is $701,320 with $9,369 in property tax.
How does 262 Sanibel Way's assessment compare to its last sale price?
The current assessment is 8.9% below the last sale price of $770,000.
When was 262 Sanibel Way built?
262 Sanibel Way was built in 1998.
How does 262 Sanibel Way compare to others on Sanibel Way?
We track 8 other properties on Sanibel Way. Browse the list under "Other properties on Sanibel Way" to compare beds, baths, and sale history.
What are the property facts for 262 Sanibel Way?
262 Sanibel Way is a 3 bed, 3 bath, 2,340 sqft, 7,405 sqft lot single_family.
Is 262 Sanibel Way a flip candidate?
No — 262 Sanibel Way does not appear in our flips dataset.
Is 262 Sanibel Way a tax-appeal candidate?
No — 262 Sanibel 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
Explore nearby
Geography
Other properties on Sanibel Way