1340 Lago Mar Dr
Melbourne, FL 32940
3 bd 2 ba 1,765 sqft Built 2003 single_family
Most recent sale
$470,000
Apr 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 22, 2022 | Sold | $470,000 | MLS #929844 |
| Mar 18, 2022 | Listed | $439,900 | MLS #929844 |
| Nov 1, 2011 | Listing removed | $1,350 | SpaceCoast |
| Aug 29, 2011 | Price changed for rent | $1,400 | SpaceCoast |
| Aug 27, 2011 | Price changed for rent | $1,300 | SpaceCoast |
| Jul 27, 2011 | Price changed for rent | $1,500 | SpaceCoast |
| Jun 20, 2011 | Listing removed | $1,600 | SpaceCoast |
| May 26, 2011 | Sold | $180,000 | MLS #595530 |
| May 2, 2011 | Listed | $180,000 | MLS #595530 |
| Mar 16, 2011 | Listed for rent | $1,600 | SpaceCoast |
| Nov 15, 2010 | Listing removed | $259,900 | SpaceCoast |
| Aug 18, 2010 | Listed | $259,900 | MLS #577132 |
| Mar 3, 2006 | Sold | $285,000 | MLS #403433 |
| Feb 20, 2006 | Listed | $299,000 | MLS #403433 |
| Dec 22, 2005 | Listing removed | $299,900 | SpaceCoast |
| Jul 21, 2005 | Listed | $299,900 | MLS #335306 |
| Aug 13, 2003 | Sold | $185,700 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $241,100 | $90,000 | $331,100 | $4,761 |
| 2024 | $241,100 | $90,000 | $331,100 | $4,666 |
| 2023 | $248,980 | $100,000 | $348,980 | $4,927 |
| 2021 | $182,800 | $42,900 | $225,700 | $4,062 |
| 2020 | $171,640 | $42,900 | $214,540 | $3,976 |
| 2019 | $163,940 | $42,900 | $206,840 | $3,905 |
| 2018 | $164,460 | $42,900 | $207,360 | $3,992 |
| 2017 | $153,530 | $42,900 | $196,430 | $3,952 |
| 2016 | $165,640 | $42,900 | $208,540 | $4,183 |
| 2015 | $145,500 | $34,100 | $179,600 | $3,939 |
| 2014 | — | — | $167,350 | $3,788 |
| 2013 | — | — | $152,140 | $3,579 |
| 2012 | — | — | $138,310 | $2,401 |
| 2011 | — | — | $136,390 | $1,695 |
| 2010 | — | — | $164,670 | $2,006 |
| 2009 | — | — | $171,540 | $1,997 |
| 2008 | — | — | $192,000 | $2,314 |
Property facts
Year built
2003
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,765 sqft
Lot size
—
ZIP code
32940
City
Melbourne
Street
Lago Mar Dr
Coordinates
28.26475, -80.71200
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,265
Gross rental yield
8.34%
Implied cap rate
5.42%
Trend-extrapolated value
—
Frequently asked questions
When did 1340 Lago Mar Dr last sell?
1340 Lago Mar Dr most recently sold on Apr 22, 2022 for $470,000.
What is the current tax assessment for 1340 Lago Mar Dr?
The most recent total assessment for 1340 Lago Mar Dr (year 2025) is $331,100 with $4,761 in property tax.
How does 1340 Lago Mar Dr's assessment compare to its last sale price?
The current assessment is 29.6% below the last sale price of $470,000.
When was 1340 Lago Mar Dr built?
1340 Lago Mar Dr was built in 2003.
How does 1340 Lago Mar Dr compare to others on Lago Mar Dr?
We track 8 other properties on Lago Mar Dr. Browse the list under "Other properties on Lago Mar Dr" to compare beds, baths, and sale history.
What are the property facts for 1340 Lago Mar Dr?
1340 Lago Mar Dr is a 3 bed, 2 bath, 1,765 sqft single_family.
Is 1340 Lago Mar Dr a flip candidate?
No — 1340 Lago Mar Dr does not appear in our flips dataset.
Is 1340 Lago Mar Dr a tax-appeal candidate?
No — 1340 Lago Mar 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
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