About This Property
Description from listing agentTHIS LAKE VIEW HOME WILL NOT DISAPPOINT! Charming 2 bedroom and 2 bathroom home with a huge bonus room which could be a 3rd bedroom or den in a 55+ community will take your breath away Home offer and open kitchen with lots of cabinets, a large master bedroom with private bath, new AC, new Electrical Panel, Fully fenced in back yard, newer wood laminate floors, inside laundry room with new washer and sold furnished or unfurnished. Sit in the screen porch over looking the water and enjoy the breath taking sunsets. Lots of privacy as no one will every build. behind the home. Also relax at the pool, play shuffle board or tennis. HOA is voluntary. Member initial fee is $1500 and then $45 a month which is transferrable to a new owner and includes the use of clubhouse with kitchen and pool table, in-ground pool, tennis courts and shuffle board. All centrally located to everything and close to beaches and downtown Melbourne. Square footage under air is closer to 1300 than recorded.
Space Coast Context
🚀 Launch Viewing — Fair Views
35.9 mi from SLC-40
35.9 miles from SLC-40 — visible as a bright streak in good conditions.
Estimates only — verify with Google Maps.
Flood 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.
Offer Intelligence
Price history and market context for this listing.
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.
Location
Get DirectionsAdditional Details
Community & HOA
HOA
- Name: Palm Bay Colony Home Owner's AssociationView HOA Profile →
- Fee: $45 / voluntary
Schools
Elementary
Palm Bay Elem
Middle School
Stone
High School
Palm Bay
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $895
- Property taxes
- $170
- Insurance & HOA
- $195
Based on a 6.90% rate, 30-year loan, and $170K price — down payment shown: $33,980.
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.
