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505 Oak Mont Pl

Melbourne, FL 32940

3 bd 2 ba 1,347 sqft Built 1996 Lot 4,792 sqft single_family
Most recent sale
$390,000
Apr 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 1, 2025 Listing removed $1,800 SpaceCoast
Apr 14, 2022 Sold $390,000 MLS #928911
Mar 10, 2022 Listed $399,900 MLS #928911
Jan 23, 2022 Relisted $409,900 MLS #919227
Dec 8, 2021 Price changed $409,900 MLS #919227
Nov 16, 2021 Relisted $399,900 MLS #919227
Oct 28, 2021 Listed $399,900 MLS #919227
Feb 24, 2020 Sold $181,000 MLS #865355
Nov 4, 1996 Sold $81,000 Public Record
Oct 1, 1991 Sold $226,000 Public Record
Feb 1, 1986 Sold $1,050,000 Public Record
Feb 1, 1985 Sold $562,700 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $221,590 $95,000 $316,590 $4,450
2024 $221,590 $95,000 $316,590 $4,471
2023 $219,500 $85,000 $304,500 $4,237
2021 $133,960 $62,000 $195,960 $3,006
2020 $132,500 $42,000 $174,500 $2,741
2019 $93,870 $1,123
2018 $92,120 $1,115
2017 $90,230 $1,109
2016 $88,380 $1,112
2015 $87,770 $1,133
2014 $87,080 $1,135
2013 $85,800 $1,128
2012 $84,370 $807
2011 $86,500 $846
2010 $88,810 $820
2009 $86,480 $748
2008 $86,400 $747

Property facts

Year built
1996
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,347 sqft
Lot size
4,792 sqft
ZIP code
32940
City
Melbourne
Street
Oak Mont Pl
Coordinates
28.23566, -80.68192

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
$2,492
Gross rental yield
7.67%
Implied cap rate
4.98%
Trend-extrapolated value

Frequently asked questions

When did 505 Oak Mont Pl last sell?
505 Oak Mont Pl most recently sold on Apr 14, 2022 for $390,000.
What is the current tax assessment for 505 Oak Mont Pl?
The most recent total assessment for 505 Oak Mont Pl (year 2025) is $316,590 with $4,450 in property tax.
How does 505 Oak Mont Pl's assessment compare to its last sale price?
The current assessment is 18.8% below the last sale price of $390,000.
When was 505 Oak Mont Pl built?
505 Oak Mont Pl was built in 1996.
How does 505 Oak Mont Pl compare to others on Oak Mont Pl?
We track 4 other properties on Oak Mont Pl. Browse the list under "Other properties on Oak Mont Pl" to compare beds, baths, and sale history.
What are the property facts for 505 Oak Mont Pl?
505 Oak Mont Pl is a 3 bed, 2 bath, 1,347 sqft, 4,792 sqft lot single_family.
Is 505 Oak Mont Pl a flip candidate?
No — 505 Oak Mont Pl does not appear in our flips dataset.
Is 505 Oak Mont Pl a tax-appeal candidate?
No — 505 Oak Mont Pl 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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