When was property at 1540 Lakewood Drive built and last sold?

The property at 1540 Lakewood Drive was built in 1981 and last sold on Dec 29, 2021 for $230,000.

How much is this home worth?

The estimated value of the home located at 1540 Lakewood Drive is $0.

What are some comparable homes to 1540 Lakewood Drive?

There are currently no comparable homes to 1540 Lakewood Drive.

Palm Bay

32905

Palm Bay Homes

1540 Lakewood Drive

$240,000

● House - Off Market

1540 Lakewood Drive

Palm Bay, FL 32905

3 Beds

2 Baths

1,288 Ft²

$1,389

Est. Monthly

8.81%

Cap Rate

About This Property

This 3-bedroom, 2-bath home is in a quiet, tucked-away neighborhood that's super convenient to everything! There's a bonus room that would be perfect as a 4th bedroom or a home office. It features new windows, a 3-year-old roof, updated bathrooms, and a nearly-new AC system. The indoor laundry room adds extra convenience! The spacious 0.35-acre lot offers plenty of room to enjoy the outdoors, whether you're relaxing, gardening, or entertaining. Come check it out and see why this home could be the perfect fit!

Unit Size

1,288 Ft²

Days on Market

103 days

Land Size

0.35 acres

Price per sqft

$195

Property Type

House

Property Taxes

$156

HOA Dues

Year Built

1981

Payment Calculator

Cap Rate Calculator

Last updated: 7 months ago (Space Coast MLS #1035075)

Price History

Date / Event	Date	Event
May 7, 2025	Sold	Premium
Sold
Mar 31, 2025	In contract	-
In contract
Mar 13, 2025	Price Decreased	$251,000 ↓ $9K (3.4%)
Price Decreased
Jan 22, 2025	Listed by Blue Marlin Real Estate	$259,900
Listed by Blue Marlin Real Estate
Aug 26, 2023	No longer available	-
No longer available
Aug 24, 2023	In contract	-
In contract
Aug 20, 2023	Price Decreased	$260,000 ↓ $15K (5.5%)
Price Decreased
Aug 18, 2023	Price Decreased	$275,000 ↓ $4K (1.4%)
Price Decreased
Aug 10, 2023	Listed by Blue Marlin Real Estate	$279,000
Listed by Blue Marlin Real Estate

	Welcome Home to Florida Living! This adorable 3/2 with an office/4th bedroom home has an open floorplan, BRAND new HVAC, Stove, Dishwasher, Refrigerator, Blinds in all windows, ceiling fans, new chandelier in the kitchen and Roof is 2 years old. It has a large fenced in backyard, a new paver patio in front of the home and plenty of room for your RV or Boat! Great starter home or Investment property. The manager has listed the unit size as 1288 square feet.
Dec 30, 2021	Sold	Premium
Sold
Aug 7, 2018	Sold	Premium
Sold
Jan 6, 2005	Sold	Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1981

Effective Year Built: 2002
Building Count: 1
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 8
Building Condition: 0
Building Quality: 10
Construction Type: 12
Building Style: 0
Exterior Walls Type: 2
Interior Walls Type: 0
Roof Shape Type: 7
Roof Cover Type: 15
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 5
Porch Type: 126
Pool Type: 0
Location Influence Type: 179

Dimensions

Lot Size Square Feet: 15,246

Lot Size Depth Feet: 1,500
Lot Size Frontage Feet: 1,020
Total Building Area: 1,357
Gross Building Area: 1,357
Building Area: 1,288
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,288
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: PALM BAY HOMES SUBD
Land Acres: 0000000350
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: PALM BAY HOMES SUBD LOT 4 BLK 4

Neighborhood

School District Name: Brevard County School District

Census Tract: 065128

Zoning

Zoning: RM20

Geography

Assessors Map Reference: 356

Account Number: 2831791
Parcel: 28-37-22-01-00004.0-0004.00
Block: 4
Lot: 4
Meridian: SEC 22 TWN 28S RNG 37E
Municipality: PALM BAY
Latitude: 28.0366
Longitude: -80.6129

Address

Full Address: 1540 Lakewood Dr Ne

Address - House Number: 1540
Street Segment Direction: NE
Address - Street Name: Lakewood
Address - Suffix Type: Dr
State: FL
City Name: Palm Bay
Carrier Code: C004
4-Digit Zip Code: 3157
Zip Code: 32905

Valuation

Tax

Total Area: 1,304

Tax Year: 2022
Tax Amount: $173,758
Tax Rate Code Area: 34U0

Appraisal Valuation

Standard Deviation: 0.0843

Valuation Date: Jan 03, 2024
Confidence Score: 93
Final Value: 274,225
High Value: 297,368
Low Value: 251,081

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $132,400

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $132,400

Sales

Current Sale Contract Date: Dec 29, 2021

Current Sale Recording Date: Dec 30, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 337980
Previous Sale Recording Date: Aug 07, 2018
Previous Sale Contract Date: Jul 24, 2018
Previous Sale Amount: $50,000
Previous Sale Document Type: 71

Last Sale Mortgage

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Previous Mortgages

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Palm Bay Homes

Stats & Trends

Median Asking:

Sale Price/ft²

Above Asking

0.00%

Average Days on Market

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$2,000 /mo

2 Beds
2 Baths
1,317 ft²

907 Bimini Avenue, Melbourne, FL, 32901 Listing by Lyndsey Diane Neel

Unit for rent at 4036 Knight Avenue, Melbourne, FL, 32901

$1,950 /mo

3 Beds
2 Baths
1,350 ft²

4036 Knight Avenue, Melbourne, FL, 32901 Listing by David Andai

Unit for rent at 1896 Keewin Avenue Ne, Palm Bay, FL, 32905

$2,020 /mo

4 Beds
2 Baths
1,090 ft²

1896 Keewin Avenue Ne, Palm Bay, FL, 32905 Listing by Lisa Campbell

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: James Leonard Gast, Blue Marlin Real Estate
Last Updated: 7 months ago
Data Source: Space Coast MLS, MLS# 1035075

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

1540 Lakewood Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Palm Bay Homes

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions