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For SaleCondominium
$150K
7820 Shadowood Drive #304, Melbourne, FL 32904
West Melbourne neighborhood
Subdivision: Garretts Run Condo
2
Bedrooms
2
Bathrooms
1,162
Sq Ft
1984
Year Built
$129 /sqft

About This Property

Description from listing agent

The View That Never Gets Old They say first impressions are everything, and at Unit 304, the view does all the talking. The moment you step through the front door, your eyes are drawn straight through the living space to a serene, wide-water view of the community pond. With its soothing fountain and the silhouette of Cypress trees, this isn't just a backyard, it's your daily dose of Zen. Living with Ease This ground-floor gem is designed for effortless living. Whether you're prepping brunch in the kitchen, hosting a dinner party, or waking up in the oversized primary suite, that peaceful water view follows you. The screened-in back porch is destined to be your favorite ''room'' in the house--perfect for morning coffee or an evening breeze without the bugs.

Space Coast Context

🚀 Launch Viewing — Good Views

33 mi from SLC-40

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

Aerospace Commute Guide
L3Harris3 mi~7 min
Northrop4.2 mi~9 min
Blue Origin27.5 mi~1h 1m
SpaceX28.2 mi~1h 3m
Lockheed28.3 mi~1h 3m
Boeing/KSC29.4 mi~1h 6m
KSC29.7 mi~1h 6m

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
  • 8/7/26
    Price change
    $150K -11.7%
    $129/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 4 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
14.3% below market
Median comparable close price: $175,000
Typical Offer Discount
95.7% of list price
At that rate, a competitive offer ≈ $143,573
Price Reductions
1 reduction
Originally listed at $150,000 · Cut $19,900 total
See & adjust the 4 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
0.09 acres (3,920 sqft)
Full Baths
2
HOA Fee
$475/mo
Days on Market
169
MLS Area
331 - West Melbourne

Community & HOA

HOA

Schools

Elementary

Roy Allen

Middle School

Central

High School

Melbourne

Financial & Listing Details

Listed
Mar 18, 2026
Parcel #
27-36-36-25-00004.0-0034.00
$150K

Listing Agent (for property info)

A
Anthony Scaramouche
Coldwell Banker Paradise
321-536-2775
Call Listing Agent

Estimated Monthly Payment

$1,565/mo
Principal & interest
$790
Property taxes
$150
Insurance & HOA
$625

Based on a 6.90% rate, 30-year loan, and $150K price — down payment shown: $30,000.

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# 1072058

What's Nearby

shopping
Cumberland Farms
0.8 mi away
shopping
7-Eleven
0.8 mi away
restaurants
McDonald's
0.8 mi away
government
FedEx Ship Center
1.1 mi away
grocery
Winn-Dixie
1.2 mi away
restaurants
Domino's
1.2 mi away
restaurants
Subway
1.2 mi away
pharmacies
Walgreens
1.3 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1072058 · Listing Broker: Coldwell Banker Paradise · 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.