Skip main navigation
Off market
  • $314,300

    550 Martello Way, Melbourne, FL 32901

    3beds
    1,761sqft
    SingleFamily
    Built in 2006
    4,791 Square Feet Lot
    $314,300 Zestimate®
    $178/sqft
    $2,358 Estimated rent

    Home value

    $314,300

    $299,000 - $330,000

    $2,358/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,358/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,358/mo

    Rent Zestimate®

    Refinance and save

    $2,310/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $2,310/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Gated 55+ community. Open spacious floor plan, tile in baths, dining room and kitchen. Master open to patio and has garden tub and separate shower. Neutral colors throughout. Conveniently located across from clubhouse which features pool, hot tub, workout room, tennis courts. For Sale or Rent (1300 a mo, 1 yr lease)

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,761 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stucco
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 4,791 sqft
    Details
    • Parcel number: 28371654F15

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • masonry
    • Roof: Metal
    Condition
    • Year built: 2006

    Community & neighborhood

    Location
    • Region: Melbourne

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $228 monthly

    Other

    Other facts
    • Construction \ Concrete Block
    • Cooling System: Electric
    • Equipment\Appliances \ Disposal
    • Equipment\Appliances \ Ice Maker Hookup
    • Equipment\Appliances \ Laundry-Hookup
    • Exterior Features \ Storm Shutters
    • Florida Room
    • Front Door Faces \ S
    • Furnishings \ None
    • General County Loc \ South
    • Heating system: Central
    • Heating system: Electric
    • Interior Features \ Breakfast Bar
    • Interior Features \ Kitchen - Eat In
    • Interior Features \ Master Bdrm-Grnd Flr
    • Interior Features \ Open Floor Plan
    • Interior Features \ Window Treatments
    • Laundry
    • Lease Terms \ 1 Yr Minimum
    • Legal\Misc: 55+ Community \ Yes
    • Lot Description \ Sidewalks
    • Master Bedroom\Bath \ Double Sinks
    • Master Bedroom\Bath \ Shower
    • Master Bedroom\Bath \ Tub
    • Measurements From \ Tax Rolls
    • Parking \ 2 Car Garage
    • Possession \ Closing
    • Prop Type \ Single Family
    • Rent Includes \ Lawn\Land Mntnce
    • Rent Includes \ RE Taxes
    • Restrictions \ Pets
    • Restrictions \ Smoking not Permitd
    • Security\Safety \ Security Sys-Leased
    • State\Province \ FL
    • Style \ 1 Story
    • Subdivision\Condo Nm \ ALAMANDA KEY PHASE I
    • Utilities \ City Water
    • Utilities \ Electric
    • Utilities \ Sewer
    • Utilities \ Telephone
    • Water Amenities \ Other - Call Agent

    Price history

    DateEventPrice
    12/4/2018Sold$204,000+5.2%$116/sqft
    Source: Public Record Report a problem
    8/12/2016Listing removed$1,500+36.4%$1/sqft
    Source: RE/MAX Olympic Realty #760959 Report a problem
    7/6/2016Price change$194,000-2.5%$110/sqft
    Source: RE/MAX Olympic Realty #753372 Report a problem
    5/27/2016Price change$199,000-3.9%$113/sqft
    Source: RE/MAX Olympic Realty #753372 Report a problem
    5/5/2016Price change$207,000-3.7%$118/sqft
    Source: RE/MAX Olympic Realty #753372 Report a problem
    5/1/2016Listed for sale$215,000+19.5%$122/sqft
    Source: RE/MAX Olympic Realty #753372 Report a problem
    6/8/2015Listing removed$179,900$102/sqft
    Source: Owner Report a problem
    2/24/2015Price change$179,900-9.1%$102/sqft
    Source: Owner Report a problem
    2/15/2015Listed for sale$197,900$112/sqft
    Source: Owner Report a problem
    6/15/2012Listing removed$1,100$1/sqft
    Source: Century 21 Indian River II #635863 Report a problem
    4/27/2012Price change$1,100-8.3%$1/sqft
    Source: Century 21 Indian River II #635863 Report a problem
    3/10/2012Listed for rent$1,200$1/sqft
    Source: Century 21 Indian River II #635863 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,244 +5.8%$223,440 +2.9%
    2024$3,067 +2.6%$217,150 +3%
    2023$2,990 +6.6%$210,830 +3%
    2022$2,804 -1.1%$204,690 +3%
    2021$2,837 +1.2%$198,730 +1.4%
    2020$2,804 -1.8%$195,990 +1.4%
    2019$2,855 $193,250 +6.4%
    2018$2,855 -19.6%$181,710 +7.8%
    2017$3,550 +6.1%$168,580 +14.4%
    2016$3,347 +5.3%$147,410 +1.8%
    2015$3,179 +8.7%$144,810 +10%
    2014$2,926 $131,650 +5.9%
    2013-- $124,270 +14.2%
    2012$2,393 -11.4%$108,810 -11.2%
    2011$2,701 +2.8%$122,590 -6.8%
    2010$2,627 -9.5%$131,580 -16.2%
    2009$2,903 -18%$157,030 -20.3%
    2008$3,538 -13.5%$197,000 -1.5%
    2007$4,092 +1322.2%$200,000 +1207.2%
    2005$288 $15,300

    Find assessor info on the county website

    Neighborhood: 32901

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $314,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $314,300