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178 Melrose Ave

Santa Rosa Beach, FL 32459

3 bd 3 ba 1,883 sqft Built 2017 Lot 9,583 sqft single_family
Most recent sale
$599,000
Aug 2, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 16, 2023 Listed $639,000 NWFlorida
Aug 2, 2023 Sold $599,000 NWFlorida
May 24, 2023 Listed $599,000 NWFlorida
Oct 26, 2021 Sold $440,000 NWFlorida
Sep 17, 2021 Relisted $440,000 NWFlorida
Aug 29, 2021 Listing removed NWFlorida
Aug 28, 2021 Listed $440,000 NWFlorida
Sep 23, 2020 Sold $390,000 NWFlorida
Mar 1, 2017 Sold $299,025 Public Record
Jan 16, 2013 Sold $1,160,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $402,601 $70,000 $472,601 $4,270
2022 $356,758 $68,598 $425,356 $3,941
2021 $279,637 $37,357 $316,994 $2,704
2020 $230,625 $34,177 $264,802 $2,643
2019 $223,706 $32,862 $256,568 $2,547
2018 $215,634 $31,599 $247,233 $2,465
2017 $22,240 $22,240 $220
2016 $21,384 $21,384 $213
2015 $19,985 $19,985 $203
2014 $18,168 $187
2013 $18,168 $18,168 $188
2012 $18,168 $176
2011 $19,125 $184
2010 $21,250 $204
2009 $59,823 $536
2008 $82,800 $688

Property facts

Year built
2017
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,883 sqft
Lot size
9,583 sqft
ZIP code
32459
City
Santa Rosa Beach
Street
Melrose Ave
Coordinates
30.36394, -86.12484

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,484
Gross rental yield
6.98%
Implied cap rate
4.54%
Trend-extrapolated value

Frequently asked questions

When did 178 Melrose Ave last sell?
178 Melrose Ave most recently sold on Aug 2, 2023 for $599,000.
What is the current tax assessment for 178 Melrose Ave?
The most recent total assessment for 178 Melrose Ave (year 2025) is $472,601 with $4,270 in property tax.
How does 178 Melrose Ave's assessment compare to its last sale price?
The current assessment is 21.1% below the last sale price of $599,000.
When was 178 Melrose Ave built?
178 Melrose Ave was built in 2017.
How does 178 Melrose Ave compare to others on Melrose Ave?
We track 8 other properties on Melrose Ave. Browse the list under "Other properties on Melrose Ave" to compare beds, baths, and sale history.
What are the property facts for 178 Melrose Ave?
178 Melrose Ave is a 3 bed, 3 bath, 1,883 sqft, 9,583 sqft lot single_family.
Is 178 Melrose Ave a flip candidate?
Yes — 178 Melrose Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 178 Melrose Ave a tax-appeal candidate?
No — 178 Melrose Ave 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
+2.9%
Implied 1-yr
+11.5%
2026 Q3
$1.91M
2026 Q4
$1.96M
ZIP 32459 — Median Price History + Forecast

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