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7008 Hammock Trace Dr

Melbourne, FL 32940

4 bd 3 ba 2,035 sqft Built 1994 Lot 8,276 sqft single_family
Most recent sale
$337,500
May 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 6, 2022 Sold $337,500 MLS #930399
Mar 25, 2022 Listed $339,900 MLS #930399
Dec 9, 1993 Sold $109,200 Public Record
Aug 25, 1993 Sold $277,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $254,390 $100,000 $354,390 $5,576
2024 $254,390 $100,000 $354,390 $5,703
2023 $246,430 $100,000 $346,430 $5,366
2022 $140,990 $2,321
2021 $136,890 $2,485
2020 $135,000 $2,465
2019 $131,970 $2,406
2018 $129,510 $2,401
2017 $126,850 $2,403
2016 $120,560 $2,365
2015 $119,730 $2,408
2014 $118,780 $2,415
2013 $117,030 $2,380
2012 $115,080 $1,348
2011 $128,290 $1,582
2010 $125,480 $1,414
2009 $138,740 $1,545
2008 $182,000 $2,207
2007 $212,470 $2,836

Property facts

Year built
1994
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,035 sqft
Lot size
8,276 sqft
ZIP code
32940
City
Melbourne
Street
Hammock Trace Dr
Coordinates
28.23698, -80.71374

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,765
Gross rental yield
13.39%
Implied cap rate
8.70%
Trend-extrapolated value

Frequently asked questions

When did 7008 Hammock Trace Dr last sell?
7008 Hammock Trace Dr most recently sold on May 6, 2022 for $337,500.
What is the current tax assessment for 7008 Hammock Trace Dr?
The most recent total assessment for 7008 Hammock Trace Dr (year 2025) is $354,390 with $5,576 in property tax.
How does 7008 Hammock Trace Dr's assessment compare to its last sale price?
The current assessment is 5.0% above the last sale price of $337,500.
When was 7008 Hammock Trace Dr built?
7008 Hammock Trace Dr was built in 1994.
How does 7008 Hammock Trace Dr compare to others on Hammock Trace Dr?
We track 8 other properties on Hammock Trace Dr. Browse the list under "Other properties on Hammock Trace Dr" to compare beds, baths, and sale history.
What are the property facts for 7008 Hammock Trace Dr?
7008 Hammock Trace Dr is a 4 bed, 3 bath, 2,035 sqft, 8,276 sqft lot single_family.
Is 7008 Hammock Trace Dr a flip candidate?
No — 7008 Hammock Trace Dr does not appear in our flips dataset.
Is 7008 Hammock Trace Dr a tax-appeal candidate?
No — 7008 Hammock Trace 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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