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586 Shady Ln, Melbourne, FL 32935

$588,000

Last sold date unavailable

  • 3

    bed

  • 2

    bath

  • 2,145

    Sqft ($265/Sqft)

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About 586 Shady Ln

Property type House
Neighborhood
Year built 1952
HOA fee $0/month
Lot size 7,405 Sqft
Movoto estimate
Rental estimate
Property description
This 3-bedroom, 2-bathroom single-family home is located at 586 Shady Ln, Melbourne, FL, 32935 in Brevard County and was built in 1952. This home offers 2,145 square feet of living space on a 7,405 sq ft lot. The estimated market value is $588,000, approximately $274 per square foot.
$588K
Range: $458K-$717K
Last 30 days 
Rental est.: $1,907/month
Gross rent multiplier: 24.9
  • Year Property taxes Tax assessment
  • 2024
    $2,687 +2.6%
    $190,140 +3.0%
  • 2023
    $2,620 +6.7%
    $184,610 +3.0%
  • 2022
    $2,454 -1.1%
    $179,240 +3.0%
  • 2021
    $2,482 +1.2%
    $174,020 +1.4%
  • 2020
    $2,453 -0.7%
    $171,620 +2.29%
  • 2019
    $2,470 +0.3%
    $167,770 +1.89%
  • 2018
    $2,462 +38.3%
    $164,650 +30.01%
  • 2017
    $1,779 -2.2%
    $126,640 +2.1%
  • 2016
    $1,820 -1.9%
    $124,040
  • 2015
    $1,854
    —
  • 586 Shady Ln
    $569K
  • Eau Gallie
    $199K -8% y/y
  • 32935
    $299K 0% y/y
  • Melbourne
    $405K -5% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
612 Shady Ln, Melbourne, FL 32935 $402,000 2/1 1,080 0.01
1296 Water St, Melbourne, FL 32935 $485,000 2/3 1,832 0.02
597 Old Oak St, Melbourne, FL 32935 $351,000 2/— 1,064 0.02
568 Shady Ln, Melbourne, FL 32935 $411,000 2/1 1,312 0.02
609 Old Oak St, Melbourne, FL 32935 $662,000 2/— 1,182 0.03
565 Old Oak St, Melbourne, FL 32935 $331,000 2/2 1,128 0.03
560 Shady Ln, Melbourne, FL 32935 $360,000 2/1 861 0.04
555 Old Oak St, Melbourne, FL 32935 $497,000 3/2 1,580 0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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3/10
Eau Gallie High School
public Grades PK, 9-12
Brevard Public Schools
2/10
Dr. W.J. Creel Elementary School
public Grades PK, K-6
Brevard Public Schools
5/10
Lyndon B. Johnson Middle School
public Grades 7-8
Brevard Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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