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1580 Independence Ave

Melbourne, FL 32940

3 bd 2 ba 2,018 sqft Built 1995 Lot 7,841 sqft single_family
Most recent sale
$320,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2022 Sold $320,000 MLS #935466
May 20, 2022 Listed $320,000 MLS #935466
Dec 3, 2019 Listed $235,000 MLS #862310
May 9, 2015 Listing removed $180,000 SpaceCoast
Apr 20, 2015 Listed $180,000 MLS #723137
Jul 31, 2013 Sold $105,000 Public Record
May 31, 2012 Listing removed $119,000 IndianRiverCounty
Feb 14, 2012 Listed $119,000 MLS #125951
Feb 8, 2012 Listed $119,000 MLS #633667
Jan 14, 2009 Listing removed $133,500 SpaceCoast
Aug 3, 2005 Sold $195,000 Public Record
Jun 4, 2003 Listed $133,500 MLS #271162
Jun 23, 1993 Sold $300,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $246,570 $30,000 $276,570 $1,295
2024 $246,570 $30,000 $276,570 $1,157
2023 $244,810 $40,000 $284,810 $1,137
2021 $103,130 $1,974
2020 $101,710 $1,946
2019 $99,430 $1,880
2018 $97,580 $1,868
2017 $95,580 $1,856
2016 $93,620 $1,857
2015 $92,970 $1,879
2014 $92,240 $1,880
2013 $83,920 $2,475
2012 $73,430 $1,292
2011 $86,770 $850
2010 $92,220 $875
2009 $146,360 $1,660
2008 $156,560 $1,818
2007 $152,000 $1,921

Property facts

Year built
1995
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,018 sqft
Lot size
7,841 sqft
ZIP code
32940
City
Melbourne
Street
Independence Ave
Coordinates
28.25628, -80.70896

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,733
Gross rental yield
14.00%
Implied cap rate
9.10%
Trend-extrapolated value

Frequently asked questions

When did 1580 Independence Ave last sell?
1580 Independence Ave most recently sold on Jun 30, 2022 for $320,000.
What is the current tax assessment for 1580 Independence Ave?
The most recent total assessment for 1580 Independence Ave (year 2025) is $276,570 with $1,295 in property tax.
How does 1580 Independence Ave's assessment compare to its last sale price?
The current assessment is 13.6% below the last sale price of $320,000.
When was 1580 Independence Ave built?
1580 Independence Ave was built in 1995.
How does 1580 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 1580 Independence Ave?
1580 Independence Ave is a 3 bed, 2 bath, 2,018 sqft, 7,841 sqft lot single_family.
Is 1580 Independence Ave a flip candidate?
No — 1580 Independence Ave does not appear in our flips dataset.
Is 1580 Independence Ave a tax-appeal candidate?
No — 1580 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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