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For SaleSale PendingSingle Family Home
$295K
701 Quail Hollow Way, Melbourne, FL 32940
Suntree neighborhood
Subdivision: Quail Ridge at Suntree Suntree PUD Stage 5 Tract 4
3
Bedrooms
2
Bathrooms
1,792
Sq Ft
1988
Year Built
$165 /sqft

About This Property

Description from listing agent

Enjoy the best of low-maintenance Suntree living in desirable Quail Ridge! This inviting single-story home features a private screened and partially covered courtyard, a spacious and comfortable layout, with 3 bedrooms plus flex space, plenty of storage space and an oversized 2-car garage. The established community offers lawn care, exterior maintenance, exterior painting and roof replacement, allowing more time to enjoy the Florida lifestyle. Quail Ridge features mature landscaping, peaceful surroundings and a private community pool and cabana for residents and guests. Ideally located in the heart of Suntree with easy access to shopping, dining, medical facilities, golf, recreation and nearby beaches. This home is priced to sell, so schedule your private showing today. All photos have been edited and/or virtually staged for marketing purposes.

Space Coast Context

🚀 Launch Viewing — Good Views

25.1 mi from SLC-40

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

Aerospace Commute Guide
Northrop6.9 mi~15 min
L3Harris8.4 mi~19 min
Blue Origin20.2 mi~45 min
SpaceX20.5 mi~46 min
Lockheed20.7 mi~46 min
Boeing/KSC21.4 mi~48 min
KSC21.6 mi~48 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
  • 9/13/26
    Listed
    $295K
    $165/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 5 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
6.3% below market
Median comparable close price: $315,000
Typical Offer Discount
90.9% of list price
At that rate, a competitive offer ≈ $268,226
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 5 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
0.1 acres (4,356 sqft)
Full Baths
2
Garage
2 car (attached)
HOA Fee
$508/mo
Days on Market
28
MLS Area
218 - Suntree S of Wickham

Community & HOA

HOA

Schools

Elementary

Suntree

Middle School

DeLaura

High School

Viera

Financial & Listing Details

Listed
Sep 13, 2026
Parcel #
26-36-24-Ny-00000.0-0012.00
$295K

Listing Agent (for property info)

R
Randy Morrison
RE/MAX Aerospace Realty
321-499-0059
Call Listing Agent

Estimated Monthly Payment

$2,507/mo
Principal & interest
$1,554
Property taxes
$295
Insurance & HOA
$658

Based on a 6.90% rate, 30-year loan, and $295K price — down payment shown: $59,000.

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# 1087508

What's Nearby

grocery
ALDI
0.8 mi away
government
Florida Department of Revenue Taxpayer Service Center
0.9 mi away
restaurants
McDonald's
0.9 mi away
restaurants
Starbucks
1.0 mi away
coffee shops
Starbucks
1.0 mi away
restaurants
Zaxby's
1.0 mi away
restaurants
Jersey Mike's Subs
1.0 mi away
grocery
Petty's
1.0 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1087508 · Listing Broker: RE/MAX Aerospace 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.