$405,600
- 3 Beds
- 2 Baths
- 2,372 sqft
501 Shell Cove Dr, Melbourne, FL 32940
Est. Refi. Payment $2,735/mo*
Refinance Your HomeCurrently Off Market - Sold Dec 29, 2020 for $292,000
Home Value
Trulia Estimate
$406KSince last month
Increased$5K (+1.2%)Since last year
Decreased$5K (-1.2%)Since last sale
Increased$119K (+40.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +70% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $411K |
| August 2026 | $405K |
| July 2026 | $406K |
| June 2026 | $409K |
| May 2026 | $412K |
| April 2026 | $411K |
| March 2026 | $415K |
| February 2026 | $412K |
| January 2026 | $408K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.64 | Multi-Family Home | $124,800 | 04/22/26 | 2 | 2 | 1,078 | |
3.76 | Multi-Family Home | $121,000 | 03/10/26 | 2 | 2 | 1,467 | |
4.38 | Multi-Family Home | $250,000 | 04/29/26 | 2 | 2 | 1,184 | |
4.34 | Multi-Family Home | $192,500 | 05/18/26 | 3 | 3 | 1,480 | |
4.55 | Multi-Family Home | $256,500 | 03/16/26 | 2 | 2 | 1,184 | |
3.76 | Multi-Family Home | $852,400 | 05/08/26 | - | 1,917 | ||
3.83 | Multi-Family Home | $764,500 | 09/24/25 | - | 1,776 | ||
3.75 | Multi-Family Home | $1,151,900 | 01/22/26 | - | 1,917 | ||
3.85 | Multi-Family Home | $735,400 | 10/24/25 | - | 1,917 | ||
3.74 | Multi-Family Home | $1,262,200 | 01/28/26 | - | 1,776 |
Home facts updated by county records
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 |
|---|---|---|---|---|---|---|
13.58 | $214,100 | 3 | 2 | 1,450 | Off Market | |
7.35 | $320,300 | 3 | 2 | 1,865 | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1998
2,372 sqft
$171/sqft
Garage
About this House
Beautifully update home in Renaissance Pointe. No expense was spared to make this former model a picture of perfection. 20 inch tile in guest bedrooms, kitchen and baths. Wood tile in master bedroom and main living areas. Plantation shutters on windows and sliding door. Silestone quartz in kitchen. This home is truly unique....don't miss the opportunity to see it before it's gone.
501 Shell Cove Dr, Melbourne, FL 32940 is a 3 bedroom, 2 bathroom, 2,372 sqft multi-family built in 1998. It last sold for $292,000 on Dec 29, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $405,600, with a rent estimate of $2,709/month.
Home Details for 501 Shell Cove Dr
|
|---|
Heating & Cooling Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas |
Levels, Entrance, & Accessibility Stories: 1Floors: TileGated Entry |
Appliances & Utilities Cable ReadyDishwasherDryerMicrowaveRefrigeratorWasher |
Interior Details Ceiling Fan |
|
|---|
Exterior Home Features Roof: TileExterior: StuccoPorch |
Pool Pool |
Parking & Garage GarageParking: Garage Attached |
|
|---|
Year Built Year Built: 1998Year Updated: 2004 |
Property Type / Style Property Type: Multi Family |
|
|---|
Units in Building: 1 |
|
|---|
Lot Area: 5662 sqft |
|
|---|
DoormanDoorman |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 29, 2020 Source: N/A | Sold | $292,000 |
Nov 30, 2016 Source: Space Coast AOR #766072 | Sold | $260,000 |
Oct 10, 2016 Source: Agent Provided | Listed For Sale | $269,900 |
Aug 13, 1998 Source: N/A | Sold | $144,900 |
Oct 10, 1997 Source: N/A | Sold | $44,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,799 | $342,230 |
Home facts updated by county records
Market trends in Melbourne
Last updated August 2026
Avg. sale price
$371K
$3.17KMoM
Sale-to-List Price
97.9%
0.1%MoM
Price per sq ft
$221
$1MoM
Available listings
783
4MoM
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 501 Shell Cove Dr
- What is 501 Shell Cove Dr estimated to be worth?Trulia's estimated value for 501 Shell Cove Dr in Melbourne, FL is $405,600.
- What is the price history for 501 Shell Cove Dr?501 Shell Cove Dr in Melbourne, FL last sold for $292,000 in December 2020.
- Is Melbourne a buyer's or seller's market?Melbourne is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Melbourne?The median sale price in Melbourne is $371K. That is up $3.17K from the prior month.
- Does 501 Shell Cove Dr have air conditioning?Yes, 501 Shell Cove Dr in Melbourne, FL has air conditioning.
- Does 501 Shell Cove Dr have a pool?Yes, 501 Shell Cove Dr in Melbourne, FL has a pool.

