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1658 Palm Ridge Rd

Melbourne, FL 32935

3 bd 2 ba 1,226 sqft Built 2004 Lot 7,405 sqft single_family
Most recent sale
$343,000
Jul 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 12, 2022 Sold $343,000 MLS #940692
Jul 21, 2004 Sold $90,000 Public Record
Jun 1, 1990 Sold $23,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $90,170 $971
2020 $88,930 $955
2019 $86,940 $948
2018 $85,320 $937
2017 $83,570 $928
2016 $81,860 $939
2015 $81,300 $955
2014 $80,660 $939
2013 $79,470 $925
2012 $78,150 $822
2011 $79,640 $856
2010 $94,250 $1,075
2009 $116,780 $1,427
2008 $131,960 $1,664

Property facts

Year built
2004
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,226 sqft
Lot size
7,405 sqft
ZIP code
32935
City
Melbourne
Street
Palm Ridge Rd
Coordinates
28.14533, -80.64786

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
$2,268
Gross rental yield
7.93%
Implied cap rate
5.16%
Trend-extrapolated value

Frequently asked questions

When did 1658 Palm Ridge Rd last sell?
1658 Palm Ridge Rd most recently sold on Jul 12, 2022 for $343,000.
What is the current tax assessment for 1658 Palm Ridge Rd?
The most recent total assessment for 1658 Palm Ridge Rd (year 2021) is $90,170 with $971 in property tax.
How does 1658 Palm Ridge Rd's assessment compare to its last sale price?
The current assessment is 73.7% below the last sale price of $343,000.
When was 1658 Palm Ridge Rd built?
1658 Palm Ridge Rd was built in 2004.
How does 1658 Palm Ridge Rd compare to others on Palm Ridge Rd?
We track 6 other properties on Palm Ridge Rd. Browse the list under "Other properties on Palm Ridge Rd" to compare beds, baths, and sale history.
What are the property facts for 1658 Palm Ridge Rd?
1658 Palm Ridge Rd is a 3 bed, 2 bath, 1,226 sqft, 7,405 sqft lot single_family.
Is 1658 Palm Ridge Rd a flip candidate?
No — 1658 Palm Ridge Rd does not appear in our flips dataset.
Is 1658 Palm Ridge Rd a tax-appeal candidate?
No — 1658 Palm Ridge 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
-4.0%
Implied 1-yr
-15.8%
2026 Q3
$270.1K
2026 Q4
$255.7K
ZIP 32935 — Median Price History + Forecast

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