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207 Melrose Ave

Santa Rosa Beach, FL 32459

3 bd 3 ba 2,010 sqft Built 2016 Lot 6,534 sqft single_family
Most recent sale
$560,000
Mar 30, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 24, 2023 Listing removed RentlinxUnits
Sep 13, 2023 Listed for rent $3,500 RentlinxUnits
Sep 7, 2023 Listing removed NWFlorida
Jul 5, 2023 Price changed (rent) $3,500 NWFlorida
Jun 22, 2023 Listed for rent $3,800 NWFlorida
Mar 30, 2023 Sold $560,000 NWFlorida
Feb 14, 2023 Price changed $580,000 NWFlorida
Feb 3, 2023 Listed $603,000 NWFlorida
Nov 17, 2022 Listing removed NWFlorida
Oct 5, 2022 Price changed $632,500 NWFlorida
Sep 23, 2022 Listed $660,000 NWFlorida
Feb 10, 2021 Sold $415,000 NWFlorida
Nov 2, 2020 Listed $425,000 NWFlorida
Nov 21, 2016 Sold $317,531 Public Record
Jan 16, 2013 Sold $354,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $400,923 $70,000 $470,923 $4,255
2022 $361,129 $68,598 $429,727 $3,982
2021 $293,800 $2,956
2020 $232,914 $34,177 $267,091 $2,666
2019 $225,882 $32,862 $258,744 $2,569
2018 $217,674 $31,599 $249,273 $2,485
2017 $240,826 $22,240 $263,066 $2,607
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
2016
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,010 sqft
Lot size
6,534 sqft
ZIP code
32459
City
Santa Rosa Beach
Street
Melrose Ave
Coordinates
30.36448, -86.12516

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
$3,719
Gross rental yield
7.97%
Implied cap rate
5.18%
Trend-extrapolated value

Frequently asked questions

When did 207 Melrose Ave last sell?
207 Melrose Ave most recently sold on Mar 30, 2023 for $560,000.
What is the current tax assessment for 207 Melrose Ave?
The most recent total assessment for 207 Melrose Ave (year 2025) is $470,923 with $4,255 in property tax.
How does 207 Melrose Ave's assessment compare to its last sale price?
The current assessment is 15.9% below the last sale price of $560,000.
When was 207 Melrose Ave built?
207 Melrose Ave was built in 2016.
How does 207 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 207 Melrose Ave?
207 Melrose Ave is a 3 bed, 3 bath, 2,010 sqft, 6,534 sqft lot single_family.
Is 207 Melrose Ave a flip candidate?
No — 207 Melrose Ave does not appear in our flips dataset.
Is 207 Melrose Ave a tax-appeal candidate?
No — 207 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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