391 Cypress Point Dr
Melbourne, FL 32940
2 bd 2 ba 1,060 sqft Built 1985 Lot 4,356 sqft single_family
Most recent sale
$285,000
Jun 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 24, 2026 | Listing removed | $1,850 | SpaceCoast |
| Nov 21, 2025 | Listed for rent | $1,850 | ShowMojo |
| Feb 1, 2025 | Listing removed | $950 | SpaceCoast |
| Jun 8, 2022 | Sold | $285,000 | MLS #930303 |
| Apr 29, 2022 | Price changed | $285,000 | MLS #930303 |
| Mar 24, 2022 | Listed | $275,000 | MLS #930303 |
| Jan 2, 2014 | Listing removed | $950 | SpaceCoast |
| Nov 13, 2013 | Listed for rent | $950 | SpaceCoast |
| Jul 24, 2013 | Listing removed | $950 | SpaceCoast |
| Dec 22, 2012 | Listed for rent | $950 | SpaceCoast |
| Apr 6, 2004 | Sold | $125,000 | Public Record |
| Jan 23, 2004 | Sold | $76,000 | Public Record |
| May 1, 1985 | Sold | $59,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $144,770 | $104,500 | $249,270 | $3,103 |
| 2024 | $144,770 | $104,500 | $249,270 | $2,986 |
| 2023 | $146,100 | $93,500 | $239,600 | $2,935 |
| 2022 | — | — | $175,230 | $2,777 |
| 2021 | — | — | $159,300 | $2,509 |
| 2020 | $102,820 | $42,000 | $144,820 | $2,306 |
| 2019 | — | — | $138,320 | $2,250 |
| 2018 | $114,730 | $26,000 | $140,730 | $2,192 |
| 2017 | $88,320 | $26,000 | $114,320 | $2,000 |
| 2016 | $80,850 | $30,000 | $110,850 | $1,966 |
| 2015 | — | — | $94,570 | $1,920 |
| 2014 | — | — | $85,980 | $1,795 |
| 2013 | — | — | $78,170 | $1,678 |
| 2012 | — | — | $70,840 | $1,247 |
| 2011 | — | — | $72,590 | $1,279 |
| 2010 | — | — | $82,620 | $1,338 |
| 2009 | — | — | $103,370 | $1,575 |
| 2008 | — | — | $135,000 | $2,062 |
| 2007 | — | — | $137,000 | $2,073 |
Property facts
Year built
1985
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,060 sqft
Lot size
4,356 sqft
ZIP code
32940
City
Melbourne
Street
Cypress Point Dr
Coordinates
28.23664, -80.68334
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
$1,961
Gross rental yield
8.26%
Implied cap rate
5.37%
Trend-extrapolated value
—
Frequently asked questions
When did 391 Cypress Point Dr last sell?
391 Cypress Point Dr most recently sold on Jun 8, 2022 for $285,000.
What is the current tax assessment for 391 Cypress Point Dr?
The most recent total assessment for 391 Cypress Point Dr (year 2025) is $249,270 with $3,103 in property tax.
How does 391 Cypress Point Dr's assessment compare to its last sale price?
The current assessment is 12.5% below the last sale price of $285,000.
When was 391 Cypress Point Dr built?
391 Cypress Point Dr was built in 1985.
How does 391 Cypress Point Dr compare to others on Cypress Point Dr?
We track 8 other properties on Cypress Point Dr. Browse the list under "Other properties on Cypress Point Dr" to compare beds, baths, and sale history.
What are the property facts for 391 Cypress Point Dr?
391 Cypress Point Dr is a 2 bed, 2 bath, 1,060 sqft, 4,356 sqft lot single_family.
Is 391 Cypress Point Dr a flip candidate?
No — 391 Cypress Point Dr does not appear in our flips dataset.
Is 391 Cypress Point Dr a tax-appeal candidate?
No — 391 Cypress Point 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
Explore nearby
Geography
Other properties on Cypress Point Dr