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For SaleSingle Family Home
$420K
3605 Grand Meadows Boulevard, Melbourne, FL 32934
Downtown Melbourne neighborhood
Subdivision: Baymeadows of Melbourne Phase 1
4
Bedrooms
2
Bathrooms
1,902
Sq Ft
1999
Year Built
$221 /sqft

About This Property

Description from listing agent

$15K PRICE IMPROVEMENT! Beautifully maintained 4-bedroom, 2-bath pool home on a corner lot in desirable Grand Meadows! This bright and inviting home features vaulted ceilings and an open layout that creates a spacious feel throughout the main living areas. Fresh interior paint, vinyl plank flooring throughout the living spaces, tile in the kitchen and primary suite, and brand-new carpet in the secondary bedrooms make this home truly move-in ready. The split-bedroom floor plan offers added privacy, while the primary suite features a large bath with soaking tub, separate shower, and plenty of counter space. Enjoy Florida living year-round in the screened pool enclosure with recently resurfaced heated pool and expansive paver deck--perfect for relaxing or entertaining with minimal yard maintenance. Roof and HVAC are both approximately 8 years old, reflecting the excellent care this home has received. Conveniently located near shopping, dining, schools, parks, and major roadways.

Space Coast Context

🚀 Launch Viewing — Good Views

28.1 mi from SLC-40

28.1 miles from SLC-40 — visible on clear days, especially at night.

Aerospace Commute Guide
Northrop3.9 mi~9 min
L3Harris5.1 mi~11 min
Blue Origin22.8 mi~51 min
SpaceX23.4 mi~52 min
Lockheed23.5 mi~52 min
Boeing/KSC24.5 mi~55 min
KSC24.8 mi~55 min

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.

Price History

Date
Event
Price
  • 6/15/26
    Price change
    $420K -3.4%
    $221/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Based on 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
9.7% below market
Median comparable close price: $465,000
Typical Offer Discount
97.9% of list price
At that rate, a competitive offer ≈ $411,158
Price Reductions
1 reduction
Originally listed at $420,000 · Cut $15,000 total
See & adjust the 1 comparable sale 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
0.17 acres (7,405 sqft)
Full Baths
2
Garage
2 car (attached)
HOA Fee
$440/mo
Pool
Yes
Days on Market
62
MLS Area
321 - Lake Washington/S of Post

Community & HOA

HOA

  • Name: Bay Meadows Development HOA INC
  • Fee: $440 / annually

Schools

Elementary

Longleaf

Middle School

Johnson

Financial & Listing Details

Listed
May 23, 2026
Parcel #
27-36-01-04-00000.0-0027.00
$420K

Listing Agent (for property info)

M
Melissa Faye Mullen
Waterman Real Estate
321-361-6281
Call Listing Agent

Estimated Monthly Payment

$3,223/mo
Principal & interest
$2,213
Property taxes
$420
Insurance & HOA
$590

Based on a 6.90% rate, 30-year loan, and $420K price — down payment shown: $84,000.

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# 1078138

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Equal Housing Opportunity

MLS# 1078138 · Listing Broker: Waterman Real Estate · 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.