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1306 Independence Ave

Melbourne, FL 32940

4 bd 2 ba 1,824 sqft Built 1988 Lot 13,068 sqft single_family
Most recent sale
$365,000
Aug 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2022 Sold $365,000 MLS #937012
Jun 6, 2022 Listed $345,000 MLS #937012
Dec 28, 2007 Sold $180,000 MLS #464911
Apr 6, 2007 Listed $198,000 MLS #464911
Apr 1, 1988 Sold $95,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $265,070 $36,750 $301,820 $3,987
2024 $265,070 $36,750 $301,820 $3,860
2023 $272,810 $47,250 $320,060 $4,090
2021 $88,970 $1,170
2020 $87,750 $1,091
2019 $85,780 $1,022
2018 $109,570 $23,000 $132,570 $2,310
2017 $82,460 $993
2016 $80,770 $989
2015 $80,210 $1,012
2014 $79,580 $1,011
2013 $78,410 $1,003
2012 $81,150 $663
2011 $81,790 $675
2010 $103,050 $969
2009 $133,270 $1,385
2008 $143,000 $1,535

Property facts

Year built
1988
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,824 sqft
Lot size
13,068 sqft
ZIP code
32940
City
Melbourne
Street
Independence Ave
Coordinates
28.25194, -80.71261

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,374
Gross rental yield
11.09%
Implied cap rate
7.21%
Trend-extrapolated value

Frequently asked questions

When did 1306 Independence Ave last sell?
1306 Independence Ave most recently sold on Aug 15, 2022 for $365,000.
What is the current tax assessment for 1306 Independence Ave?
The most recent total assessment for 1306 Independence Ave (year 2025) is $301,820 with $3,987 in property tax.
How does 1306 Independence Ave's assessment compare to its last sale price?
The current assessment is 17.3% below the last sale price of $365,000.
When was 1306 Independence Ave built?
1306 Independence Ave was built in 1988.
How does 1306 Independence Ave compare to others on Independence Ave?
We track 8 other properties on Independence Ave. Browse the list under "Other properties on Independence Ave" to compare beds, baths, and sale history.
What are the property facts for 1306 Independence Ave?
1306 Independence Ave is a 4 bed, 2 bath, 1,824 sqft, 13,068 sqft lot single_family.
Is 1306 Independence Ave a flip candidate?
No — 1306 Independence Ave does not appear in our flips dataset.
Is 1306 Independence Ave a tax-appeal candidate?
No — 1306 Independence Ave 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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