Walk Score measures how walkable an address is based on the distance to nearby amenities. Learn more.
We are striving to build the most accurate database of home facts and value estimates. Please help us identify shortcomings in our data by providing feedback. We read and analyze all feedback.
 
In order to see the history of this home, MLS rules require that you register for free with Homesnap.
Sign In to View History

870 Palm Brook Drive Melbourne, FL 32940

$292,187
LOW
$328,300 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$364,400
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$328,300Estimated 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
$2,010Estimated 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 $328,300 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
89
Healthy

210

$290,450

84

3.3

Median Sales Price
$280,000
+6.3%
Sales (30 Days)
63
-8.7%

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

The population of the 32940 zip code is very affluent compared to others in Florida with a median income of $69,124 per household. It's also considered an expensive zip code in terms of affordability... Read More »

Over the last 30 days, 63 homes were sold in the 32940 zip code market, down 12.5%. Additionally, the market is still in a confirmed downward trend overall. As sales trended lower, the median sales pr... Read More »

Over the last 30 days, the 32940 zip code market showed strong improvement with 71 homes sold, closing in on the average sales volume for the prior 12 months. Within the same time frame, the 32907 zip... 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 $328,300 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
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.