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307 Myrtlewood Rd

Melbourne, FL 32940

3 bd 2 ba 1,636 sqft Built 1979 Lot 6,098 sqft single_family
Most recent sale
$395,000
May 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 1, 2025 Listing removed $1,550 SpaceCoast
May 24, 2022 Sold $395,000 MLS #931790
Apr 11, 2022 Listed $360,000 MLS #931790
Aug 19, 2017 Sold $205,000 MLS #781974
Jul 11, 2017 Price changed $205,000 MLS #781974
Jul 1, 2017 Price changed $212,000 MLS #781974
Jun 9, 2017 Price changed $225,000 MLS #781974
Apr 28, 2017 Listed $230,000 MLS #781974
Nov 11, 2016 Listing removed $1,525 SpaceCoast
Oct 21, 2016 Listing removed $1,550 SpaceCoast
Oct 17, 2016 Price changed for rent $1,550 SpaceCoast
Aug 21, 2016 Price changed for rent $1,600 SpaceCoast
Aug 11, 2016 Listed for rent $1,625 SpaceCoast
Jan 27, 2011 Listing removed $104,950 SpaceCoast
Sep 30, 2009 Sold $102,000 MLS #544033
Aug 2, 2009 Price changed $104,950 MLS #544033
Jul 12, 2009 Price changed $109,950 MLS #544033
Jun 23, 2009 Listed $114,950 MLS #544033
Jul 14, 2005 Listing removed $1,250 SpaceCoast
Apr 5, 2005 Listing removed $1,200 SpaceCoast
Mar 3, 2004 Listed for rent $1,300 SpaceCoast
Aug 11, 2003 Listed for rent $1,300 SpaceCoast
Apr 6, 2001 Sold $91,000 Public Record
Oct 30, 1998 Sold $87,000 Public Record
Feb 1, 1985 Sold $85,900 Public Record
Oct 1, 1981 Sold $74,000 Public Record
Jan 1, 1979 Sold $52,800 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $237,010 $95,000 $332,010 $4,270
2024 $237,010 $95,000 $332,010 $4,111
2023 $235,990 $85,000 $320,990 $4,047
2022 $168,940 $2,093
2021 $164,020 $2,155
2020 $161,760 $2,104
2019 $158,130 $2,048
2018 $122,190 $33,000 $155,190 $2,049
2017 $107,180 $33,000 $140,180 $2,286
2016 $80,210 $28,000 $108,210 $2,061
2015 $102,450 $2,104
2014 $93,140 $1,932
2013 $84,680 $1,839
2012 $75,940 $1,336
2011 $82,220 $1,448
2010 $97,600 $1,580
2009 $123,710 $1,885
2008 $147,000 $2,244
2007 $176,000 $2,663

Property facts

Year built
1979
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,636 sqft
Lot size
6,098 sqft
ZIP code
32940
City
Melbourne
Street
Myrtlewood Rd
Coordinates
28.23264, -80.68153

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
$3,027
Gross rental yield
9.20%
Implied cap rate
5.98%
Trend-extrapolated value

Frequently asked questions

When did 307 Myrtlewood Rd last sell?
307 Myrtlewood Rd most recently sold on May 24, 2022 for $395,000.
What is the current tax assessment for 307 Myrtlewood Rd?
The most recent total assessment for 307 Myrtlewood Rd (year 2025) is $332,010 with $4,270 in property tax.
How does 307 Myrtlewood Rd's assessment compare to its last sale price?
The current assessment is 15.9% below the last sale price of $395,000.
When was 307 Myrtlewood Rd built?
307 Myrtlewood Rd was built in 1979.
How does 307 Myrtlewood Rd compare to others on Myrtlewood Rd?
We track 8 other properties on Myrtlewood Rd. Browse the list under "Other properties on Myrtlewood Rd" to compare beds, baths, and sale history.
What are the property facts for 307 Myrtlewood Rd?
307 Myrtlewood Rd is a 3 bed, 2 bath, 1,636 sqft, 6,098 sqft lot single_family.
Is 307 Myrtlewood Rd a flip candidate?
No — 307 Myrtlewood Rd does not appear in our flips dataset.
Is 307 Myrtlewood Rd a tax-appeal candidate?
No — 307 Myrtlewood Rd 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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