1 / 17
For SaleSingle Family Home
$298K
4040 Knight Avenue, Melbourne, FL 32901
South Melbourne neighborhood
Subdivision: Crown Heights 2nd Addn
3
Bedrooms
2
Bathrooms
1,350
Sq Ft
1979
Year Built
$220 /sqft

About This Property

Description from listing agent

Beautifully updated 3-bedroom, 2-bath home with a 1-car garage in the heart of Melbourne! This move-in ready property features tile flooring throughout the main living areas and laminate flooring in all bedrooms--no carpet anywhere. The updated kitchen showcases white shaker cabinetry, quartz countertops, and stainless steel appliances, creating a clean and modern feel. Both bathrooms have been tastefully renovated with updated vanities and stylish tiled showers. Major improvements include a 2018 roof, 2022 HVAC system, and newer gas water heater for added peace of mind. Step outside to a screened patio overlooking the partially fenced backyard, perfect for relaxing or entertaining. Conveniently located near shopping, dining, parks, and just a short drive to the beaches and major employers.

Space Coast Context

🚀 Launch Viewing — Fair Views

35.6 mi from SLC-40

35.6 miles from SLC-40 — visible as a bright streak in good conditions.

Aerospace Commute Guide
L3Harris3.8 mi~8 min
Northrop5.6 mi~12 min
Blue Origin29.6 mi~1h 6m
SpaceX30.8 mi~1h 9m
Lockheed30.8 mi~1h 9m
Boeing/KSC32.7 mi~1h 13m
KSC33.2 mi~1h 14m

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Offer Intelligence

Based on 2 comparable sales in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
3.7% below market
Median comparable close price: $309,000
Typical Offer Discount
100.0% of list price
At that rate, a competitive offer ≈ $297,500
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 2 comparable sales used

Uncheck any home you don't consider comparable — the median updates instantly.

The median is weighted: nearer sales count more than distant ones, and comps marked recent (sold in the last 90 days) count 2×. Comps farther than 3 miles are flagged — a longer distance usually means few nearby sales were available.

How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.14 acres (6,098 sqft)
Full Baths
2
Garage
1 car
Days on Market
62
MLS Area
330 - Melbourne - Central

Schools

Elementary

University Park

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
May 15, 2026
Parcel #
28-37-15-52-00008.0-0019.00
$298K

Listing Agent (for property info)

E
Elliott C. Grozan
Denovo Realty
407-601-8042
Call Listing Agent

Estimated Monthly Payment

$2,015/mo
Principal & interest
$1,567
Property taxes
$298
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $298K price — down payment shown: $59,500.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1077414

Interested in this property?

Equal Housing Opportunity

MLS# 1077414 · Listing Broker: Denovo Realty · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.