1609 Dr Martin Luther King Jr Blvd
Melbourne, FL 32901
3 bd 2 ba 1,450 sqft Built 1955 Lot 12,632 sqft single_family
Most recent sale
$160,000
Jul 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 29, 2023 | Sold | $330,000 | Public Record |
| Jul 29, 2022 | Sold | $160,000 | MLS #937784 |
| Jun 26, 2022 | Price changed | $195,000 | MLS #937784 |
| Jun 14, 2022 | Listed | $225,000 | MLS #937784 |
| Sep 5, 2017 | Sold | $110,000 | MLS #770240 |
| Jun 5, 2017 | Price changed | $115,000 | MLS #770240 |
| Apr 7, 2017 | Price changed | $125,000 | MLS #770240 |
| Dec 2, 2016 | Listed | $139,000 | MLS #770240 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $99,510 | $90,000 | $189,510 | $3,466 |
| 2024 | $99,510 | $90,000 | $189,510 | $3,255 |
| 2023 | $76,190 | $66,000 | $142,190 | $2,592 |
| 2022 | $59,400 | $66,000 | $125,400 | $2,251 |
| 2021 | $50,180 | $55,000 | $105,180 | $1,996 |
| 2020 | $49,390 | $49,500 | $98,890 | $1,893 |
| 2019 | $53,420 | $49,500 | $102,920 | $2,038 |
| 2018 | $57,140 | $38,500 | $95,640 | $1,939 |
| 2017 | $42,980 | $33,000 | $75,980 | $1,602 |
| 2016 | — | — | $46,330 | $536 |
| 2015 | — | — | $46,010 | $541 |
| 2014 | — | — | $45,650 | $531 |
| 2013 | — | — | $44,980 | $518 |
| 2012 | — | — | $44,230 | $412 |
| 2011 | — | — | $47,240 | $479 |
| 2010 | — | — | $57,460 | $546 |
| 2009 | — | — | $77,570 | $1,434 |
| 2008 | — | — | $106,000 | $1,904 |
Property facts
Year built
1955
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,450 sqft
Lot size
12,632 sqft
ZIP code
32901
City
Melbourne
Street
Dr Martin Luther King Jr Blvd
Coordinates
28.08333, -80.62674
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
$960
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1609 Dr Martin Luther King Jr Blvd last sell?
1609 Dr Martin Luther King Jr Blvd most recently sold on Jul 29, 2022 for $160,000.
What is the current tax assessment for 1609 Dr Martin Luther King Jr Blvd?
The most recent total assessment for 1609 Dr Martin Luther King Jr Blvd (year 2025) is $189,510 with $3,466 in property tax.
How does 1609 Dr Martin Luther King Jr Blvd's assessment compare to its last sale price?
The current assessment is 18.4% above the last sale price of $160,000.
When was 1609 Dr Martin Luther King Jr Blvd built?
1609 Dr Martin Luther King Jr Blvd was built in 1955.
How does 1609 Dr Martin Luther King Jr Blvd compare to others on Dr Martin Luther King Jr Blvd?
We track 2 other properties on Dr Martin Luther King Jr Blvd. Browse the list under "Other properties on Dr Martin Luther King Jr Blvd" to compare beds, baths, and sale history.
What are the property facts for 1609 Dr Martin Luther King Jr Blvd?
1609 Dr Martin Luther King Jr Blvd is a 3 bed, 2 bath, 1,450 sqft, 12,632 sqft lot single_family.
Is 1609 Dr Martin Luther King Jr Blvd a flip candidate?
Yes — 1609 Dr Martin Luther King Jr Blvd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1609 Dr Martin Luther King Jr Blvd a tax-appeal candidate?
No — 1609 Dr Martin Luther King Jr Blvd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.0%
Implied 1-yr
-4.1%
2026 Q3
$342.4K
2026 Q4
$338.6K
ZIP 32901 — Median Price History + Forecast
Explore nearby
Other properties on Dr Martin Luther King Jr Blvd