1575 Boca Rio Dr
Melbourne, FL 32940
3 bd 2 ba 1,764 sqft Built 2004 Lot 7,405 sqft single_family
Most recent sale
$395,000
Jul 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 7, 2026 | Price changed | $434,999 | SpaceCoast |
| Feb 28, 2026 | Listed | $439,999 | SpaceCoast |
| Jul 18, 2022 | Sold | $395,000 | MLS #934692 |
| Jun 1, 2022 | Price changed | $399,000 | MLS #934692 |
| May 21, 2022 | Price changed | $419,000 | MLS #934692 |
| May 12, 2022 | Listed | $430,000 | MLS #934692 |
| Jan 5, 2012 | Listing removed | $249,900 | SpaceCoast |
| Mar 2, 2007 | Sold | $232,000 | MLS #438636 |
| Jan 24, 2007 | Listed | $249,900 | MLS #456648 |
| Aug 31, 2006 | Listed | $249,900 | MLS #438636 |
| Jun 2, 2004 | Sold | $208,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $241,850 | $110,000 | $351,850 | $5,000 |
| 2024 | $241,850 | $110,000 | $351,850 | $4,769 |
| 2023 | $239,670 | $100,000 | $339,670 | $4,766 |
| 2021 | — | — | $120,940 | $2,210 |
| 2020 | — | — | $119,280 | $2,202 |
| 2019 | — | — | $116,600 | $2,141 |
| 2018 | — | — | $114,430 | $2,142 |
| 2017 | — | — | $112,080 | $2,141 |
| 2016 | — | — | $109,780 | $2,154 |
| 2015 | — | — | $109,020 | $2,190 |
| 2014 | — | — | $108,160 | $2,196 |
| 2013 | — | — | $106,570 | $2,158 |
| 2012 | — | — | $104,790 | $1,166 |
| 2011 | — | — | $101,740 | $1,101 |
| 2010 | — | — | $100,240 | $989 |
| 2009 | — | — | $158,210 | $2,359 |
| 2008 | — | — | $186,000 | $2,779 |
| 2007 | — | — | $199,000 | $2,577 |
Property facts
Year built
2004
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,764 sqft
Lot size
7,405 sqft
ZIP code
32940
City
Melbourne
Street
Boca Rio Dr
Coordinates
28.25781, -80.70853
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
$3,263
Gross rental yield
9.91%
Implied cap rate
6.44%
Trend-extrapolated value
—
Frequently asked questions
When did 1575 Boca Rio Dr last sell?
1575 Boca Rio Dr most recently sold on Jul 18, 2022 for $395,000.
What is the current tax assessment for 1575 Boca Rio Dr?
The most recent total assessment for 1575 Boca Rio Dr (year 2025) is $351,850 with $5,000 in property tax.
How does 1575 Boca Rio Dr's assessment compare to its last sale price?
The current assessment is 10.9% below the last sale price of $395,000.
When was 1575 Boca Rio Dr built?
1575 Boca Rio Dr was built in 2004.
How does 1575 Boca Rio Dr compare to others on Boca Rio Dr?
We track 8 other properties on Boca Rio Dr. Browse the list under "Other properties on Boca Rio Dr" to compare beds, baths, and sale history.
What are the property facts for 1575 Boca Rio Dr?
1575 Boca Rio Dr is a 3 bed, 2 bath, 1,764 sqft, 7,405 sqft lot single_family.
Is 1575 Boca Rio Dr a flip candidate?
No — 1575 Boca Rio Dr does not appear in our flips dataset.
Is 1575 Boca Rio Dr a tax-appeal candidate?
No — 1575 Boca Rio Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$537.5K
2026 Q4
$542.1K
ZIP 32940 — Median Price History + Forecast
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Geography
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