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3111 Addison Dr

Melbourne, FL 32940

4 bd 4 ba 2,632 sqft Built 2020 Lot 12,632 sqft single_family
Most recent sale
$899,000
May 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 18, 2022 Sold $899,000 MLS #931722
Apr 10, 2022 Listed $899,000 MLS #931722

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $289,620 $4,121
2020 $70,000 $70,000 $1,063
2019 $10,000 $10,000 $275

Property facts

Year built
2020
Property type
single_family
Stories
1
Beds
4
Baths
4
Living area
2,632 sqft
Lot size
12,632 sqft
ZIP code
32940
City
Melbourne
Street
Addison Dr
Coordinates
28.21995, -80.74446

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,869
Gross rental yield
6.50%
Implied cap rate
4.22%
Trend-extrapolated value

Frequently asked questions

When did 3111 Addison Dr last sell?
3111 Addison Dr most recently sold on May 18, 2022 for $899,000.
What is the current tax assessment for 3111 Addison Dr?
The most recent total assessment for 3111 Addison Dr (year 2021) is $289,620 with $4,121 in property tax.
How does 3111 Addison Dr's assessment compare to its last sale price?
The current assessment is 67.8% below the last sale price of $899,000.
When was 3111 Addison Dr built?
3111 Addison Dr was built in 2020.
How does 3111 Addison Dr compare to others on Addison Dr?
We track 8 other properties on Addison Dr. Browse the list under "Other properties on Addison Dr" to compare beds, baths, and sale history.
What are the property facts for 3111 Addison Dr?
3111 Addison Dr is a 4 bed, 4 bath, 2,632 sqft, 12,632 sqft lot single_family.
Is 3111 Addison Dr a flip candidate?
No — 3111 Addison Dr does not appear in our flips dataset.
Is 3111 Addison Dr a tax-appeal candidate?
No — 3111 Addison 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
+0.9%
Implied 1-yr
+3.7%
2026 Q3
$527.1K
2026 Q4
$531.6K
ZIP 32940 — Median Price History + Forecast

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