$3,844,200
- Studio
- 11,130 sqft (on 1.48 acres)
1355 Palm Bay Rd, Melbourne, FL 32905
Est. Refi. Payment $25,224/mo*
Refinance Your HomeCurrently Off Market - Sold Oct 28, 2021 for $6,750,000
Home Value
Trulia Estimate
$3.84MSince last month
Increased$61K (+1.6%)Since last year
Increased$227K (+6.3%)Since last sale
Decreased$3M (-43.2%)Learn more about this home's value by checking out its Trulia Estimate and the value of nearby homes.
Trulia Estimate
The of this home's value decreased by -2% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| November 2026 | $3.84M |
| October 2026 | $3.96M |
| September 2026 | $3.78M |
| August 2026 | $3.76M |
| July 2026 | $3.52M |
| June 2026 | $3.62M |
| May 2026 | $3.35M |
| April 2026 | $3.5M |
| March 2026 | $3.64M |
| February 2026 | $3.84M |
| January 2026 | $3.57M |
2025 | |
2024 | |
2023 | |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.00 | - | - | - | - | Off Market | |
0.05 | - | 2 | 2 | 1,247 | Off Market | |
0.05 | - | 2 | 2 | 1,247 | Off Market | |
0.05 | - | 2 | 2 | 1,247 | Off Market | |
0.05 | - | 2 | 2 | 1,247 | Off Market | |
0.05 | - | 2 | 2 | 1,247 | Off Market | |
0.05 | - | 2 | 2 | 1,247 | Off Market | |
0.05 | - | 2 | 2 | 1,247 | Off Market | |
0.05 | - | 2 | 2 | 1,247 | Off Market | |
0.05 | - | 2 | 2 | 1,247 | Off Market | |
0.05 | - | 2 | 2 | 1,247 | Off Market | |
0.05 | - | 2 | 2 | 1,247 | Off Market | |
0.05 | - | 2 | 2 | 1,247 | Off Market | |
0.05 | - | 2 | 2 | 1,247 | Off Market | |
0.05 | - | 2 | 2 | 1,247 | Off Market | |
0.05 | - | 2 | 2 | 1,247 | Off Market | |
0.05 | - | 2 | 2 | 1,247 | Off Market | |
0.05 | - | 2 | 2 | 1,247 | Off Market | |
0.05 | - | 2 | 2 | 1,247 | Off Market | |
0.05 | - | 2 | 2 | 1,247 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 2016
1.48 acre lot
11,130 sqft
$345/sqft
About this House
This single-family home is located at 1355 Palm Bay Rd, Melbourne, FL. 1355 Palm Bay Rd is in Melbourne, FL and in ZIP code 32905. This property has approximately 11,130 sqft of floor space. This property has a lot size of 1.48 acres and was built in 2016.
1355 Palm Bay Rd, Melbourne, FL 32905 is a studio, 11,130 sqft single-family home built in 2016. It last sold for $6,750,000 on Oct 28, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $3,844,200.
Home Details for 1355 Palm Bay Rd
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Levels, Entrance, & Accessibility Stories: 1 |
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Year Built Year Built: 2016 |
Property Type / Style Property Type: Single Family Home |
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Exterior Home Features Patio |
Parking & Garage Parking: Carport |
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Units in Building: 1 |
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Lot Area: 1.48 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 28, 2021 Source: N/A | Sold | $6,750,000 |
Jan 19, 2017 Source: N/A | Sold | $5,879,700 |
Jul 22, 2015 Source: N/A | Sold | $430,000 |
Jan 18, 2006 Source: N/A | Sold | $335,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $42,126 | $2,241,480 |
Home facts updated by county records
Market trends in Melbourne
Last updated October 2026
Avg. sale price
$363K
$2KMoM
Sale-to-List Price
98.0%
0.1%MoM
Price per sq ft
$221
$2MoM
Available listings
764
4MoM
Sourced by Trulia Market Trends
Around this home
What Locals Say about Melbourne
At least 923 Trulia users voted on each feature.
88 % Say car is needed
88 % Say it's dog friendly
83 % Say parking is easy
74 % Say yards are well-kept
74 % Say there are sidewalks
72 % Say there's holiday spirit
69 % Say it's quiet
65 % Say people would walk alone at night
61 % Say kids play outside
58 % Say streets are well-lit
53 % Say neighbors are friendly
50 % Say there's wildlife
49 % Say they plan to stay for at least 5 years
43 % Say it's walkable to grocery stores
40 % Say it's walkable to restaurants
27 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1355 Palm Bay Rd
- What is 1355 Palm Bay Rd estimated to be worth?Trulia's estimated value for 1355 Palm Bay Rd in Melbourne, FL is $3,844,200.
- What is the price history for 1355 Palm Bay Rd?1355 Palm Bay Rd in Melbourne, FL last sold for $6,750,000 in October 2021.
- Is Melbourne a buyer's or seller's market?Melbourne is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Melbourne?The median sale price in Melbourne is $363K. That is down $2K from the prior month.
- How big is the lot at 1355 Palm Bay Rd?The lot at 1355 Palm Bay Rd in Melbourne, FL is about 1.5 acres.
- Does 1355 Palm Bay Rd have parking?Yes, 1355 Palm Bay Rd in Melbourne, FL has on-site parking.