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1011 Rock Springs Dr

Melbourne, FL 32940

5 bd 2 ba 2,390 sqft Built 1998 Lot 10,019 sqft single_family
Most recent sale
$489,900
Sep 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 16, 2024 Sold $535,000 SpaceCoast
Sep 1, 2022 Sold $489,900 MLS #937700
Jul 13, 2022 Price changed $489,900 MLS #937700
Jun 30, 2022 Price changed $499,900 MLS #937700
Jun 14, 2022 Listed $525,000 MLS #937700
Dec 11, 2015 Sold $303,500 MLS #731650
Sep 19, 2015 Price changed $328,000 MLS #731650
Aug 21, 2015 Price changed $329,000 MLS #731650
Aug 3, 2015 Listed $349,000 MLS #731650
Nov 12, 1998 Sold $125,300 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $304,140 $110,000 $414,140 $5,439
2024 $304,140 $110,000 $414,140 $5,222
2023 $301,750 $110,000 $411,750 $5,216
2021 $254,770 $3,436
2020 $251,260 $3,371
2019 $245,620 $3,326
2018 $241,050 $3,336
2017 $216,170 $37,400 $253,570 $4,198
2016 $231,750 $3,443
2015 $147,440 $2,140
2014 $146,270 $2,151
2013 $144,110 $2,246
2012 $141,710 $1,817
2011 $142,140 $1,826
2010 $141,400 $1,672
2009 $137,690 $1,528
2008 $137,560 $1,529

Property facts

Year built
1998
Property type
single_family
Stories
2
Beds
5
Baths
2
Living area
2,390 sqft
Lot size
10,019 sqft
ZIP code
32940
City
Melbourne
Street
Rock Springs Dr
Coordinates
28.24624, -80.69669

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
$4,422
Gross rental yield
10.83%
Implied cap rate
7.04%
Trend-extrapolated value

Frequently asked questions

When did 1011 Rock Springs Dr last sell?
1011 Rock Springs Dr most recently sold on Sep 1, 2022 for $489,900.
What is the current tax assessment for 1011 Rock Springs Dr?
The most recent total assessment for 1011 Rock Springs Dr (year 2025) is $414,140 with $5,439 in property tax.
How does 1011 Rock Springs Dr's assessment compare to its last sale price?
The current assessment is 15.5% below the last sale price of $489,900.
When was 1011 Rock Springs Dr built?
1011 Rock Springs Dr was built in 1998.
How does 1011 Rock Springs Dr compare to others on Rock Springs Dr?
We track 8 other properties on Rock Springs Dr. Browse the list under "Other properties on Rock Springs Dr" to compare beds, baths, and sale history.
What are the property facts for 1011 Rock Springs Dr?
1011 Rock Springs Dr is a 5 bed, 2 bath, 2,390 sqft, 10,019 sqft lot single_family.
Is 1011 Rock Springs Dr a flip candidate?
No — 1011 Rock Springs Dr does not appear in our flips dataset.
Is 1011 Rock Springs Dr a tax-appeal candidate?
No — 1011 Rock Springs 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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