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5388 Solway Dr

Melbourne Beach, FL 32951

3 bd 2 ba 1,805 sqft Built 2002 Lot 7,841 sqft single_family
Most recent sale
$682,500
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $682,500 MLS #928596
Mar 4, 2022 Listed $670,000 MLS #928596
May 6, 2016 Sold $300,000 MLS #558398
Jul 14, 2011 Listing removed $399,999 SpaceCoast
Mar 12, 2010 Sold $300,000 Public Record
Feb 15, 2010 Price changed $349,900 MLS #558398
Jan 7, 2010 Listed $369,900 MLS #558398
Jan 7, 2010 Sold $375,000 MLS #529112
Nov 9, 2009 Price changed $375,000 MLS #529112
Jul 11, 2009 Price changed $385,000 MLS #529112
May 5, 2009 Relisted $395,000 MLS #529112
Feb 23, 2009 Listing removed $395,000 SpaceCoast
Jan 6, 2009 Listed $375,000 MLS #529112
Nov 21, 2008 Listing removed $399,900 SpaceCoast
Jan 24, 2008 Listed $399,999 MLS #497568
Jul 20, 2007 Listed $399,999 MLS #478591
Feb 7, 2006 Listed $549,000 MLS #408783
Dec 27, 2001 Sold $77,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $538,470 $6,831
2024 $538,470 $6,457
2023 $375,450 $190,000 $565,450 $7,071
2022 $290,870 $3,569
2021 $282,400 $3,724
2020 $278,510 $3,680
2019 $272,250 $3,639
2018 $267,180 $3,654
2017 $261,690 $3,702
2016 $256,310 $3,775
2015 $254,530 $3,901
2014 $252,510 $3,933
2013 $248,780 $3,974
2012 $244,630 $3,627
2011 $245,300 $3,643
2010 $276,590 $3,869
2009 $269,320 $3,550
2008 $269,060 $3,552
2007 $261,230 $3,592

Property facts

Year built
2002
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,805 sqft
Lot size
7,841 sqft
ZIP code
32951
City
Melbourne Beach
Street
Solway Dr
Coordinates
27.97367, -80.51567

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,339
Gross rental yield
5.87%
Implied cap rate
3.82%
Trend-extrapolated value

Frequently asked questions

When did 5388 Solway Dr last sell?
5388 Solway Dr most recently sold on Apr 29, 2022 for $682,500.
What is the current tax assessment for 5388 Solway Dr?
The most recent total assessment for 5388 Solway Dr (year 2025) is $538,470 with $6,831 in property tax.
How does 5388 Solway Dr's assessment compare to its last sale price?
The current assessment is 21.1% below the last sale price of $682,500.
When was 5388 Solway Dr built?
5388 Solway Dr was built in 2002.
How does 5388 Solway Dr compare to others on Solway Dr?
We track 7 other properties on Solway Dr. Browse the list under "Other properties on Solway Dr" to compare beds, baths, and sale history.
What are the property facts for 5388 Solway Dr?
5388 Solway Dr is a 3 bed, 2 bath, 1,805 sqft, 7,841 sqft lot single_family.
Is 5388 Solway Dr a flip candidate?
No — 5388 Solway Dr does not appear in our flips dataset.
Is 5388 Solway Dr a tax-appeal candidate?
No — 5388 Solway Dr 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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