See Home Value
$627,500
● House - Off Market

515 Hibiscus Trail

Melbourne Beach, FL 32951
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,752 Ft²
$720,852
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Popular Melbourne Beach!  No HOA! Located between river and ocean.  Neighborhood boat ramp has access to Indian River.  Walk or bike to the beach. Beautiful corner lot, Roof was replaced in 2018 , hurricane impact windows and sliders in 2020,  beautiful kitchen remodel with quartzite counters and custom-made cabinets, new sprinkler pump in 2021, soffits replaced in 2015.  Split bedroom floor plan, large master bedroom with sliders to pool, two walk in closets, master bath remodeled, updated guest bath, private fenced yard with lots of trees and landscaping.  Large screen lanai overlooking pool. Home has large living room, dining area, family room, large indoor laundry room.  Plenty of parking with long drive way and ciruclar drive and extra slab for car or golf cart!
Unit Size
1,752 Ft²
Days on Market
37 days
Land Size
0.27 acres
Price per sqft
$362
Property Type
House
Property Taxes
$172
HOA Dues
-
Year Built
1974

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Last updated: 2 months ago (Space Coast MLS #911606)

Price History

Date / Event Date Event Price
Dec 5, 2025 Sold
Sold
Nov 5, 2025 In contract -
In contract
Oct 10, 2025 Price Decreased $750,000
↓ $15K (2%)
Price Decreased
Aug 21, 2025 Price Decreased $765,000
↓ $10K (1.3%)
Price Decreased
Jun 6, 2025 Price Decreased $775,000
↓ $14K (1.8%)
Price Decreased
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • 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: 1
  • Garage Square Area: 552
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 1,030
  • Total Building Area: 2,398
  • Gross Building Area: 2,398
  • Building Area: 1,821
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,821
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVER COLONY NORTHWEST SECTION
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • Legal Description 1: RIVER COLONY NORTHWEST SECTION LOT 8A BLK 2

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 066101

Zoning

  • Zoning: 1RS

Geography

  • Assessors Map Reference: MB 17 PG 56
  • Account Number: 2847351
  • Parcel: 28-38-06-80-00002.0-0000.8A
  • Block: 2
  • Lot: 8A
  • Meridian: SEC 06 TWN 28S RNG 38E
  • Municipality: MELBOURNE BEACH
  • Latitude: 28.0776
  • Longitude: -80.5682

    Address

  • Full Address: 515 Hibiscus Trl
  • Address - House Number: 515
  • Address - Street Name: Hibiscus
  • Address - Suffix Type: Trl
  • State: FL
  • City Name: Melbourne Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 2115
  • Zip Code: 32951

Valuation

    Tax

  • Total Area: 2,192
  • Tax Year: 2022
  • Tax Amount: $589,483
  • Tax Rate Code Area: 34X0

    Appraisal Valuation

  • Standard Deviation: 0.1969
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 747,511
  • High Value: 894,702
  • Low Value: 600,320

    Market Valuation

  • Market Total Value: $541,010

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $413,870

    Sales

  • Current Sale Contract Date: Sep 03, 2021
  • Current Sale Recording Date: Sep 07, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021233249
  • Previous Sale Recording Date: Jul 27, 2005
  • Previous Sale Contract Date: Jul 26, 2005
  • Previous Sale Amount: $57,900
  • Previous Sale Document Type: 55
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About River Colony Northwest


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Frequently Asked Questions

When was property at 515 Hibiscus Trail built and last sold?
The property at 515 Hibiscus Trail was built in 1974 and last sold on Sep 3, 2021 for $627,500.
How much is this home worth?
The estimated value of the home located at 515 Hibiscus Trail is $0.
What are some comparable homes to 515 Hibiscus Trail?
There are currently no comparable homes to 515 Hibiscus Trail.