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For SaleSingle Family Home
$496K
1406 Cypress Trace Drive, Melbourne, FL 32940
Suntree neighborhood
Subdivision: Cypress Trace Suntree PUD Stage 4
3
Bedrooms
2
Bathrooms
1,652
Sq Ft
1990
Year Built
$300 /sqft

About This Property

Description from listing agent

Welcome to 146 Cypress Trace Drive, a beautifully maintained 3-bedroom, 2-bath home nestled in desirable Suntree. Offering 1,624 square feet of comfortable living space, this home combines thoughtful updates, peace of mind, and an exceptionally spacious homesite. The upgraded kitchen and bathrooms feature elegant granite countertops, while fresh interior paint creates a clean, move-in-ready feel. Major 2025 improvements include a new roof and new A/C, plus the added confidence of a whole-house generator. Step outside and discover one of the property's standout features--a generous .37-acre lot surrounded by beautiful, mature landscaping, providing privacy, space and an inviting Florida outdoor setting that's increasingly difficult to find. This is the kind of home that offers more than beautiful finishes--it offers comfort, convenience and peace of mind, all in the sought-after Suntree community with easy access to shopping, dining, golf, recreation and the Space Coast's beaches.

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
Northrop7.6 mi~17 min
L3Harris9 mi~20 min
Blue Origin20.3 mi~45 min
SpaceX20.5 mi~46 min
Lockheed20.7 mi~46 min
Boeing/KSC21.2 mi~47 min
KSC21.3 mi~47 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
  • 7/29/26
    Listed
    $496K
    $300/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 10 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
20.9% above median
Median comparable close: $410,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
96.4% of list price
At that rate, a competitive offer ≈ $477,617
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 10 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
0.37 acres (16,117 sqft)
Full Baths
2
Garage
2 car (attached)
HOA Fee
$229/mo
Days on Market
13
MLS Area
218 - Suntree S of Wickham

Community & HOA

HOA

  • Name: Suntree MasterHOA
  • Fee: $229 / annually

Schools

Elementary

Suntree

Middle School

Viera Middle School

High School

Viera

Financial & Listing Details

Listed
Aug 13, 2026
Parcel #
26-36-14-Oh-00000.0-0009.00
$496K

Listing Agent (for property info)

J
Jamie L Burnett
Landshark Realty
321-917-2564
Call Listing Agent

Estimated Monthly Payment

$3,485/mo
Principal & interest
$2,611
Property taxes
$496
Insurance & HOA
$379

Based on a 6.90% rate, 30-year loan, and $496K price — down payment shown: $99,100.

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# 1084877

What's Nearby

grocery
Publix
0.9 mi away
government
The UPS Store
0.9 mi away
restaurants
Subway
0.9 mi away
home improvement
Stone Tile Gallery
1.0 mi away
pharmacies
CVS Pharmacy
1.0 mi away
restaurants
Papa John's
1.0 mi away
restaurants
Paws On Pizzeria
1.0 mi away
parks
Paws On Playground
1.0 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1084877 · Listing Broker: Landshark 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.