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205 Strand Dr

Melbourne Beach, FL 32951

3 bd 3 ba 2,191 sqft Built 2022 Lot 17,424 sqft condo
Most recent sale
$949,900
Dec 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 28, 2025 Sold $1,250,000 SpaceCoast
Oct 26, 2024 Listed $1,295,000 IndianRiverCounty
Aug 27, 2024 Price changed $1,295,000 IndianRiverCounty
May 4, 2024 Price changed $1,395,000 IndianRiverCounty
Apr 26, 2024 Listed $1,650,000 IndianRiverCounty
Dec 20, 2022 Sold $949,900 SpaceCoast
Sep 8, 2021 Listed $949,900 MLS #915189
Jul 31, 2021 Listed $949,900 MiamiMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,049,710 $1,049,710 $13,378
2024 $1,049,710 $1,049,710 $12,825
2021 $120,000 $120,000 $1,547
2020 $120,000 $120,000 $1,583

Property facts

Year built
2022
Property type
condo
Stories
1
Beds
3
Baths
3
Living area
2,191 sqft
Lot size
17,424 sqft
ZIP code
32951
City
Melbourne Beach
Street
Strand Dr
Coordinates
28.03602, -80.54887

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
$4,053
Gross rental yield
5.12%
Implied cap rate
3.33%
Trend-extrapolated value

Frequently asked questions

When did 205 Strand Dr last sell?
205 Strand Dr most recently sold on Dec 20, 2022 for $949,900.
What is the current tax assessment for 205 Strand Dr?
The most recent total assessment for 205 Strand Dr (year 2025) is $1,049,710 with $13,378 in property tax.
How does 205 Strand Dr's assessment compare to its last sale price?
The current assessment is 10.5% above the last sale price of $949,900.
When was 205 Strand Dr built?
205 Strand Dr was built in 2022.
How does 205 Strand Dr compare to others on Strand Dr?
We track 8 other properties on Strand Dr. Browse the list under "Other properties on Strand Dr" to compare beds, baths, and sale history.
What are the property facts for 205 Strand Dr?
205 Strand Dr is a 3 bed, 3 bath, 2,191 sqft, 17,424 sqft lot condo.
Is 205 Strand Dr a flip candidate?
No — 205 Strand Dr does not appear in our flips dataset.
Is 205 Strand Dr a tax-appeal candidate?
No — 205 Strand 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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