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1311 Cape Sable Dr

Melbourne, FL 32940

6 bd 3 ba 3,937 sqft Built 2002 Lot 15,682 sqft single_family
Most recent sale
$800,000
Aug 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 29, 2022 Sold $800,000 MLS #940122
Jul 15, 2022 Listed $850,000 MLS #940122
Feb 28, 2002 Sold $370,500 Public Record
Aug 17, 2001 Sold $65,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $559,600 $110,000 $669,600 $8,652
2024 $559,600 $110,000 $669,600 $8,709
2023 $575,970 $143,000 $718,970 $9,126
2021 $335,680 $4,571
2020 $331,050 $4,506
2019 $323,610 $4,470
2018 $317,580 $4,489
2017 $311,050 $4,548
2016 $304,660 $4,642
2015 $302,550 $4,793
2014 $300,150 $4,832
2013 $295,720 $4,878
2012 $290,780 $4,441
2011 $301,950 $4,642
2010 $312,570 $4,444
2009 $348,610 $4,743
2008 $350,870 $4,786

Property facts

Year built
2002
Property type
single_family
Stories
2
Beds
6
Baths
3
Living area
3,937 sqft
Lot size
15,682 sqft
ZIP code
32940
City
Melbourne
Street
Cape Sable Dr
Coordinates
28.20326, -80.70153

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,283
Gross rental yield
10.92%
Implied cap rate
7.10%
Trend-extrapolated value

Frequently asked questions

When did 1311 Cape Sable Dr last sell?
1311 Cape Sable Dr most recently sold on Aug 29, 2022 for $800,000.
What is the current tax assessment for 1311 Cape Sable Dr?
The most recent total assessment for 1311 Cape Sable Dr (year 2025) is $669,600 with $8,652 in property tax.
How does 1311 Cape Sable Dr's assessment compare to its last sale price?
The current assessment is 16.3% below the last sale price of $800,000.
When was 1311 Cape Sable Dr built?
1311 Cape Sable Dr was built in 2002.
How does 1311 Cape Sable Dr compare to others on Cape Sable Dr?
We track 5 other properties on Cape Sable Dr. Browse the list under "Other properties on Cape Sable Dr" to compare beds, baths, and sale history.
What are the property facts for 1311 Cape Sable Dr?
1311 Cape Sable Dr is a 6 bed, 3 bath, 3,937 sqft, 15,682 sqft lot single_family.
Is 1311 Cape Sable Dr a flip candidate?
No — 1311 Cape Sable Dr does not appear in our flips dataset.
Is 1311 Cape Sable Dr a tax-appeal candidate?
No — 1311 Cape Sable 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
+3.6%
2026 Q3
$537.5K
2026 Q4
$542.1K
ZIP 32940 — Median Price History + Forecast

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