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362 Lofts Dr

Melbourne, FL 32940

3 bd 2 ba 1,622 sqft Built 1984 condos
Most recent sale
$231,000
Jun 21, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 17, 2024 Price changed $329,000 SpaceCoast
Mar 29, 2024 Listed $339,000 SpaceCoast
Sep 29, 2023 Listing removed $2,000 SpaceCoast
Jun 21, 2023 Sold $231,000 StellarMLS
Apr 28, 2023 Listed $299,900 StellarMLS
Jul 6, 2005 Listing removed $1,200 SpaceCoast
May 19, 2005 Listed for rent $1,200 SpaceCoast
Apr 25, 2005 Sold $265,000 SpaceCoast
Feb 24, 2005 Listed $279,900 SpaceCoast
Oct 14, 2004 Sold $169,999 SpaceCoast
Oct 12, 2004 Listed $169,999 SpaceCoast
Sep 18, 2001 Sold $101,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $171,830 $2,740
2021 $156,210 $2,497
2020 $142,010 $2,387
2019 $129,100 $2,201
2018 $153,470 $153,470 $2,225
2017 $121,050 $121,050 $1,997
2016 $97,000 $97,000 $1,826
2015 $97,000 $97,000 $1,894
2014 $92,420 $1,848
2013 $73,520 $1,569
2012 $73,520 $1,294
2011 $73,520 $1,295
2010 $95,850 $1,552
2009 $119,610 $1,822
2008 $149,000 $2,275
2007 $199,000 $3,011

Property facts

Year built
1984
Property type
condos
Stories
2
Beds
3
Baths
2
Living area
1,622 sqft
Lot size
ZIP code
32940
City
Melbourne
Street
Lofts Dr
Coordinates
28.22308, -80.67880

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
$1,386
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 362 Lofts Dr last sell?
362 Lofts Dr most recently sold on Jun 21, 2023 for $231,000.
What is the current tax assessment for 362 Lofts Dr?
The most recent total assessment for 362 Lofts Dr (year 2022) is $171,830 with $2,740 in property tax.
How does 362 Lofts Dr's assessment compare to its last sale price?
The current assessment is 25.6% below the last sale price of $231,000.
When was 362 Lofts Dr built?
362 Lofts Dr was built in 1984.
How does 362 Lofts Dr compare to others on Lofts Dr?
We track 8 other properties on Lofts Dr. Browse the list under "Other properties on Lofts Dr" to compare beds, baths, and sale history.
What are the property facts for 362 Lofts Dr?
362 Lofts Dr is a 3 bed, 2 bath, 1,622 sqft condos.
Is 362 Lofts Dr a flip candidate?
No — 362 Lofts Dr does not appear in our flips dataset.
Is 362 Lofts Dr a tax-appeal candidate?
No — 362 Lofts 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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