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120 Palm Cir

Melbourne, FL 32940

4 bd 2 ba 2,280 sqft Built 2006 Lot 15,246 sqft single_family
Most recent sale
$485,000
Sep 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 7, 2022 Sold $485,000 MLS #938262
Jul 11, 2022 Price changed $484,900 MLS #938262
Jun 20, 2022 Listed $498,700 MLS #938262
Jun 1, 2007 Listing removed $1,300 SpaceCoast
Apr 11, 2007 Listed for rent $1,400 SpaceCoast
Mar 31, 2004 Sold $96,500 Public Record
Oct 2, 1998 Sold $25,000 Public Record
Sep 1, 1992 Sold $270,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $340,070 $70,000 $410,070 $5,067
2024 $340,070 $70,000 $410,070 $4,851
2023 $313,350 $75,000 $388,350 $4,682
2021 $214,400 $63,000 $277,400 $3,934
2020 $210,730 $42,000 $252,730 $3,624
2019 $199,830 $37,000 $236,830 $3,515
2018 $192,970 $35,000 $227,970 $3,479
2017 $184,080 $35,000 $219,080 $3,477
2016 $156,350 $25,000 $181,350 $3,063
2015 $158,470 $25,000 $183,470 $3,225
2014 $169,330 $3,144
2013 $153,940 $2,903
2012 $139,950 $2,416
2011 $142,950 $2,470
2010 $167,470 $2,663
2009 $187,430 $2,807
2008 $221,000 $3,317

Property facts

Year built
2006
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,280 sqft
Lot size
15,246 sqft
ZIP code
32940
City
Melbourne
Street
Palm Cir
Coordinates
28.19070, -80.66092

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
$4,218
Gross rental yield
10.44%
Implied cap rate
6.78%
Trend-extrapolated value

Frequently asked questions

When did 120 Palm Cir last sell?
120 Palm Cir most recently sold on Sep 7, 2022 for $485,000.
What is the current tax assessment for 120 Palm Cir?
The most recent total assessment for 120 Palm Cir (year 2025) is $410,070 with $5,067 in property tax.
How does 120 Palm Cir's assessment compare to its last sale price?
The current assessment is 15.4% below the last sale price of $485,000.
When was 120 Palm Cir built?
120 Palm Cir was built in 2006.
How does 120 Palm Cir compare to others on Palm Cir?
We track 8 other properties on Palm Cir. Browse the list under "Other properties on Palm Cir" to compare beds, baths, and sale history.
What are the property facts for 120 Palm Cir?
120 Palm Cir is a 4 bed, 2 bath, 2,280 sqft, 15,246 sqft lot single_family.
Is 120 Palm Cir a flip candidate?
No — 120 Palm Cir does not appear in our flips dataset.
Is 120 Palm Cir a tax-appeal candidate?
No — 120 Palm Cir 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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