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1471 Lago Mar Dr

Melbourne, FL 32940

2 bd 2 ba 1,545 sqft Built 2002 Lot 6,534 sqft single_family
Most recent sale
$299,000
Aug 19, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 19, 2024 Listed $374,900 SpaceCoast
Aug 19, 2021 Sold $299,000 Public Record
Oct 16, 2002 Sold $160,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $217,420 $90,000 $307,420 $4,926
2024 $217,420 $90,000 $307,420 $4,381
2022 $192,370 $100,000 $292,370 $4,083
2021 $146,600 $2,540
2020 $144,580 $2,535
2019 $141,330 $2,476
2018 $138,700 $2,476
2017 $135,850 $2,484
2016 $133,060 $2,506
2015 $132,140 $2,549
2014 $131,100 $2,551
2013 $129,170 $2,512
2012 $127,020 $1,539
2011 $125,340 $1,511
2010 $145,670 $1,711
2009 $146,590 $1,632
2008 $146,450 $1,632
2007 $142,190 $1,736

Property facts

Year built
2002
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,545 sqft
Lot size
6,534 sqft
ZIP code
32940
City
Melbourne
Street
Lago Mar Dr
Coordinates
28.26429, -80.70979

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,858
Gross rental yield
11.47%
Implied cap rate
7.46%
Trend-extrapolated value

Frequently asked questions

When did 1471 Lago Mar Dr last sell?
1471 Lago Mar Dr most recently sold on Aug 19, 2021 for $299,000.
What is the current tax assessment for 1471 Lago Mar Dr?
The most recent total assessment for 1471 Lago Mar Dr (year 2025) is $307,420 with $4,926 in property tax.
How does 1471 Lago Mar Dr's assessment compare to its last sale price?
The current assessment is 2.8% above the last sale price of $299,000.
When was 1471 Lago Mar Dr built?
1471 Lago Mar Dr was built in 2002.
How does 1471 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 1471 Lago Mar Dr?
1471 Lago Mar Dr is a 2 bed, 2 bath, 1,545 sqft, 6,534 sqft lot single_family.
Is 1471 Lago Mar Dr a flip candidate?
No — 1471 Lago Mar Dr does not appear in our flips dataset.
Is 1471 Lago Mar Dr a tax-appeal candidate?
No — 1471 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 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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