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506 Royston Ln

Melbourne, FL 32940

3 bd 3 ba 2,479 sqft Built 1999 Lot 9,148 sqft single_family
Most recent sale
$575,000
Jul 19, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 20, 2022 Listed $700,000 MLS #943851
Jul 19, 2021 Sold $575,000 MLS #904876
Apr 23, 2021 Sold $570,000 MLS #901867
Feb 16, 2017 Sold $349,000 MLS #759208
Nov 29, 2016 Price changed $355,900 MLS #759208
Sep 22, 2016 Price changed $369,900 MLS #759208
Aug 31, 2016 Price changed $379,900 MLS #759208
Jul 9, 2016 Listed $399,000 MLS #759208
Feb 5, 2003 Sold $314,000 Public Record
Mar 2, 1999 Sold $32,900 Public Record
Jul 6, 1995 Sold $642,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $447,140 $80,000 $527,140 $3,505
2024 $447,140 $80,000 $527,140 $3,242
2022 $435,190 $85,000 $520,190 $8,549
2021 $268,450 $68,000 $336,450 $7,002
2020 $265,690 $68,000 $333,690 $6,875
2019 $257,900 $68,000 $325,900 $6,854
2018 $261,220 $52,000 $313,220 $6,797
2017 $191,570 $4,268
2016 $187,630 $4,313
2015 $186,330 $4,393
2014 $184,860 $4,412
2013 $182,130 $4,430
2012 $179,090 $2,466
2011 $197,140 $2,795
2010 $220,840 $2,958
2009 $244,990 $3,164
2008 $283,370 $3,755

Property facts

Year built
1999
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,479 sqft
Lot size
9,148 sqft
ZIP code
32940
City
Melbourne
Street
Royston Ln
Coordinates
28.22044, -80.70633

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
$4,586
Gross rental yield
9.57%
Implied cap rate
6.22%
Trend-extrapolated value

Frequently asked questions

When did 506 Royston Ln last sell?
506 Royston Ln most recently sold on Jul 19, 2021 for $575,000.
What is the current tax assessment for 506 Royston Ln?
The most recent total assessment for 506 Royston Ln (year 2025) is $527,140 with $3,505 in property tax.
How does 506 Royston Ln's assessment compare to its last sale price?
The current assessment is 8.3% below the last sale price of $575,000.
When was 506 Royston Ln built?
506 Royston Ln was built in 1999.
How does 506 Royston Ln compare to others on Royston Ln?
We track 2 other properties on Royston Ln. Browse the list under "Other properties on Royston Ln" to compare beds, baths, and sale history.
What are the property facts for 506 Royston Ln?
506 Royston Ln is a 3 bed, 3 bath, 2,479 sqft, 9,148 sqft lot single_family.
Is 506 Royston Ln a flip candidate?
No — 506 Royston Ln does not appear in our flips dataset.
Is 506 Royston Ln a tax-appeal candidate?
No — 506 Royston Ln 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

Explore nearby

Other properties on Royston Ln