507 Willis Way
Melbourne, FL 32940
- 3 Beds
- 2 Baths
- 1,765 sqft
3 Beds
2 Baths
1,765 sqft
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1998
Living Area
1,765 sqft
Price/Sqft
$219
Parking
Garage
About this House
BEAUTIFUL MEDITERRANEAN STYLE HALF DUPLEX IN A GATED COMMUNITY ON A CUL DE SAC AND BACKS TO A LARGE NATURE PRESERVE! HOME FEATURES: Open Floor Plan with Vaulted Ceilings, Plant Shelves, Newer Custom Kitchen with Soft Close Cabinets, Corian Countertops and Back Splash, Under Cabinet Lighting, Stainless Steel Appliances, Eat In Kitchen with Pantry, Large Master Suite with Walk In Closet, Garden Tub and Separate Shower in the Master Bath, New Lighting, Fans & Fixtures, Blinds and Plantation Shutters, Skylights with Custom Blinds, Newer Carpet, 3 Large Sliding Glass Doors leading out to the Enclosed Porch overlooking a Nature Setting on the Preserve. Lawn Maintenance & Exterior Maintenance Included in the HOA. MAINTENANCE FREE LIVING. Close to Doctors, Shopping, Dining and all Major Rds
507 Willis Way, Melbourne, FL 32940 is a 3 bedroom, 2 bathroom, 1,765 sqft multi-family built in 1998. It last sold for $274,900 on May 27, 2020. It is currently off market. The Trulia Estimate is $386,600, with a rent estimate of $2,797/month.
Home Details for 507 Willis Way
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Heating & Cooling Heating: Electric, GasAir ConditioningCooling System: CentralHeating Fuel: Electric |
Levels, Entrance, & Accessibility Stories: 1Floors: Tile, CarpetGated Entry |
Interior Details Types of Rooms: Walk In Closet, Breakfast Nook |
Appliances & Utilities DishwasherDryerMicrowaveRefrigeratorWasher |
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Exterior Home Features Roof: TileExterior: StuccoPatioPorch |
Pool Pool |
Parking & Garage GarageParking Spaces: 2Parking: Garage Attached |
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Year Built Year Built: 1998Year Updated: 2004 |
Property Type / Style Property Type: Multi FamilyArchitecture: Other |
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Units in Building: 1 |
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Lot Area: 7405 sqft |
Price History for 507 Willis Way
| Date | Price | Event | Source |
|---|---|---|---|
| 05/27/2020 | $274,900 | Sold | Space Coast AOR #867178 |
| 04/04/2020 | $279,900 | PriceChange | Agent Provided |
| 03/04/2020 | $289,950 | Pending | Agent Provided |
| 02/05/2020 | $289,950 | Listed For Sale | Agent Provided |
| 08/29/2014 | $184,900 | Sold | Space Coast AOR #701761 |
| 08/09/2014 | $189,900 | Pending | Agent Provided |
| 07/17/2014 | $189,900 | Listed For Sale | Agent Provided |
| 04/28/1998 | $139,900 | Sold | N/A |
Market trends in Melbourne
Last updated June 2026
Avg. sale price
$363K
$16.33KMoM
Sale-to-List Price
97.5%
0.2%MoM
Price per sq ft
$223
$6MoM
Available listings
831
47MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $3,465 |
| Assessment | $319,410 |
Home facts updated by county records
Comparable Sales for 507 Willis Way
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.62 | Multi-Family Home | $124,800 | 04/22/26 | 2 | 2 | 1,078 | |
3.78 | Multi-Family Home | $121,000 | 03/10/26 | 2 | 2 | 1,467 | |
4.41 | Multi-Family Home | $250,000 | 04/29/26 | 2 | 2 | 1,184 | |
4.37 | Multi-Family Home | $192,500 | 05/18/26 | 3 | 3 | 1,480 | |
4.58 | Multi-Family Home | $256,500 | 03/16/26 | 2 | 2 | 1,184 | |
3.75 | Multi-Family Home | $1,279,400 | 01/15/26 | - | 1,776 | ||
3.85 | Multi-Family Home | $660,000 | 08/18/25 | - | 1,917 | ||
3.78 | Multi-Family Home | $852,400 | 05/08/26 | - | 1,917 | ||
3.76 | Multi-Family Home | $1,262,200 | 01/28/26 | - | 1,776 | ||
3.79 | Multi-Family Home | $1,235,300 | 01/26/26 | - | 1,776 |
Home facts updated by county records
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 507 Willis Way.
What Locals Say about Melbourne
At least 922 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.
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