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870 Palm Brook Drive Melbourne, FL 32940

$289,518
LOW
$325,300 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$361,082
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$325,300Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
3
AC
Central A/C
Payment Estimate
--
Baths Full
2
Heating
Yes
Rent Estimate
$1,930Estimated monthly rental price, based on a proprietary formula.
Baths Half
--
Foundation
Slab
Tax Estimate
$3,183Estimated property taxes paid on an annual basis.
Sq Ft
2,178
Stories
1
 HomeScore
66A relative rating of projected appreciation over a 10-year holding period. Homes that score above 50 are expected to outperform the market.
Lot Size
--
Address Stories
1
 InvestorScore
71A relative rating of projected positive cash flow over a 10-year holding period. Properties that score above 50 are expected to outperform the market.
Construction
Frame
Fireplaces
1
Last Sale Date
07/01/1991
Style
--
Parking
Garage
Last Sale Price
$39,900
Year Built
1991
Parking Spaces
1

870 Palm Brook Drive is located in the Spanish Cove area of Melbourne, FL. At this time, the property has an estimated value of $325,300 and yearly taxes of $3,183. This home has 3 bedrooms, 2 bathrooms, and approximately 2,178 sqft of living space. The property was built in 1991. Similar homes nearby have 3 bedrooms, 2 baths and sell for around $325,000.

Property History

DateEventSourcePrice

32940 Market Trends

Check out 32940 homes for sale, read the 32940 real estate news or review the 32940 real estate trends. Here is a summary of local market conditions over the past 30 days:

Market Health Score
86
Healthy

207

$319,500

93

2.6

Median Sales Price
$265,250
+9.2%
Sales (30 Days)
80
+8.1%

Melbourne Public Schools

A child living at 870 Palm Brook Drive, Melbourne, FL would typically attend one of the following public schools: Suntree Elementary School, Delaura Middle School, or Viera High School. School boundaries and attendance zones are updated frequently. This guidance should not be used to determine the legal eligibility to attend any particular school or school system.

Spanish Cove REAL ESTATE NEWS

32940 is a larger than average zip code in Florida with 30,746 residents. Also, it has seen a 69.7% increase in population over the last 10 years. It should be noted that at 76.9%, most people own the... Read More »

Over the last 30 days, the sale of 80 homes took place in the 32940 zip code market. This shows a 15.8% drop from the prior period but the area remains on a confirmed upward trend. All indications sho... Read More »

The 32940 zip code market slowed this week but was still better than normal as sales slid 3.3% to 88 homes sold over the last 30 days. Within the same time frame, the 32955 zip code had 88 sales, the... Read More »

870 Palm Brook Drive Map

Ask a local expert about this home:
National Realty of Brevard
Listing Agent

870 Palm Brk Dr, Melbourne, FL 32940US
870 Palm Brk Dr is located in the Spanish Cove area of Melbourne, FL. At this time, the property has an estimated value of $325,300 and yearly taxes of $3,183. This home has 3 bedrooms, 2 bathrooms, and approximately 2,178 sqft of living space. The property was built in 1991. Similar homes nearby have 3 bedrooms, 2 baths and sell for around $325,000. Richard Marshall is a Homesnap Local Expert in and around Spanish Cove.
©2017 Homesnap 1-800-431-5509 School data and housing market data is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
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