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For SaleTownhouse
$350K
163 Murano Drive, West Melbourne, FL 32904
University Park neighborhood
Subdivision: Villas of W Melbourne Phase I
4
Bedrooms
3
Bathrooms
1,965
Sq Ft
2007
Year Built
$178 /sqft

About This Property

Description from listing agent

((( SPECTACULAR LAKEFRONT TOWNHOME IN CONVENIENT LOCATION! ))) BEAUTIFULLY UPDATED & UPGRADED ( 4 BR/ 2.5 BA ) 2 STORY UNIT WITH ''DOWNSTAIRS MASTER'' & 2 CAR GARAGE!FANTASTIC NEIGHBORHOOD WITH LANDSCAPING INCLUDED IN THE MOST CONVENIENT LOCATION! Open & spacious floor plan with soaring 18' cathedral ceilings, arched doorways, granite counters, stainless steel appliances, custom wood cabinets, upgraded fixtures, extensive tile work & spectacular driftwood tile flooring throughout living area! Extra upstairs loft areas that could be used as a family room, den, office or 5th bedroom. Plenty of unique windows allowing natural light and terrific lake views! Step out onto your screened patio and enjoy gentle lake breezes & abundant wildlife giving you a feeling of priceless serenity & peaceful tranquility...QUIET BUT CONVENIENT RESORT STYLE LIVING AT ITS FINEST!!

Space Coast Context

🚀 Launch Viewing — Good Views

33.8 mi from SLC-40

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

Aerospace Commute Guide
L3Harris1.7 mi~4 min
Northrop3.7 mi~8 min
Blue Origin28 mi~1h 2m
SpaceX29 mi~1h 5m
Lockheed29 mi~1h 5m
Boeing/KSC30.6 mi~1h 8m
KSC31 mi~1h 9m

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
  • 8/5/26
    Listed
    $350K
    $178/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

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
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
0.71 acres (30,928 sqft)
Full Baths
2
Half Baths
1
Total Rooms
11
Garage
2 car (attached)
HOA Fee
$610/mo
Waterfront
Yes
Days on Market
22
MLS Area
331 - West Melbourne

Community & HOA

HOA

  • Name: VILLAS OF WEST MELBOURNE PHASE I
  • Fee: $610 / monthly

Schools

Elementary

University Park

Middle School

Central

High School

Melbourne

Financial & Listing Details

Listed
Aug 5, 2026
Parcel #
28-37-05-00-00537.J-0000.00
$350K

Listing Agent (for property info)

T
Todd Ostrander
RE/MAX Elite
321-749-8405
Call Listing Agent

Estimated Monthly Payment

$2,951/mo
Principal & interest
$1,841
Property taxes
$350
Insurance & HOA
$760

Based on a 6.90% rate, 30-year loan, and $350K price — down payment shown: $69,900.

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# 1084259

What's Nearby

restaurants
Steak 'n Shake
0.1 mi away
grocery
ALDI
0.1 mi away
restaurants
Chipotle
0.1 mi away
restaurants
Burger King
0.2 mi away
restaurants
Starbucks
0.3 mi away
coffee shops
Starbucks
0.3 mi away
restaurants
La Cocina Cafe
0.3 mi away
restaurants
Tropical Smoothie Cafe
0.3 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1084259 · Listing Broker: RE/MAX Elite · 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.