1 / 49
For SaleTownhouse
$295K
2999 Vallejo Way, Melbourne, FL 32940
Heritage Isle neighborhood
Subdivision: Heritage Isle PUD Phase 5
2
Bedrooms
2
Bathrooms
1,407
Sq Ft
2010
Year Built
$210 /sqft

About This Property

Description from listing agent

If you've been waiting for a home that truly stands out, this is the one. Beautifully maintained 2-bed/2-bath villa with a dining room/flex room in the gated 55+ community of Heritage Isle. Built in 2010 and showing like a model home, this residence features luxury vinyl plank flooring in the main living areas, carpet in the bedrooms, and tile in wet areas. The open floor plan offers a spacious kitchen with beautifully staggered cabinets overlooking the family room, abundant storage, and accordion hurricane shutters. The primary suite features a large walk-in closet, and pride of ownership is evident throughout. Located on a quiet street within the community, this home offers a welcoming neighborhood feel from the moment you arrive. Enjoy the lovely backyard and resort-style amenities of the clubhouse with fitness center, pools, spa, pickleball, tennis, bocce, and more. HOA includes roof maintenance, exterior painting, master insurance, and landscaping. CDD fee paid in the tax bill.

Space Coast Context

🚀 Launch Viewing — Good Views

24.5 mi from SLC-40

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

Aerospace Commute Guide
Northrop10.7 mi~24 min
L3Harris11.9 mi~27 min
KSC20 mi~45 min
Boeing/KSC20.2 mi~45 min
SpaceX20.3 mi~45 min
Blue Origin20.5 mi~46 min
Lockheed20.5 mi~46 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
  • 6/18/26
    Price change
    $295K -3.2%
    $210/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 3 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
At market value
Median comparable close price: $294,000
Typical Offer Discount
96.0% of list price
At that rate, a competitive offer ≈ $283,236
Price Reductions
1 reduction
Originally listed at $295,000 · Cut $9,900 total
See & adjust the 3 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
0.07 acres (3,049 sqft)
Full Baths
2
Total Rooms
8
Garage
1 car (attached)
HOA Fee
$1595/mo
Senior Community
Yes
Days on Market
52
MLS Area
217 - Viera West of I 95

Community & HOA

HOA

  • Name: Heritage Isle attn: Brittany
  • Fee: $1,595 / quarterly

Schools

Elementary

Quest

Middle School

Kennedy

High School

Viera

Financial & Listing Details

Listed
Jun 2, 2026
Parcel #
26-36-08-Up-0000l.0-0007.00
$295K

Listing Agent (for property info)

S
Stephanie A Orenczak
Barrier Island Properties
321-544-6334
Call Listing Agent

Estimated Monthly Payment

$3,594/mo
Principal & interest
$1,554
Property taxes
$295
Insurance & HOA
$1,745

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# 1078862

Interested in this property?

Equal Housing Opportunity

MLS# 1078862 · Listing Broker: Barrier Island Properties · 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.