1 / 14
For SaleSingle Family Home
$350K
1616 Elizabeth Street, Melbourne, FL 32901
Downtown Melbourne neighborhood
Subdivision: Golf Park Subd
3
Bedrooms
2
Bathrooms
1,600
Sq Ft
1962
Year Built
$219 /sqft

About This Property

Description from listing agent

Discover your dream home! A Beautiful 3 BED, 2 BATH Single Family Home featuring a sparkling pool and 1 car garage in a family friendly neighborhood. No HOA. The bright open layout provides plenty of natural light. Enjoy a new modern kitchen with stainless steel appliances, all new tile flooring, and updated bathrooms. There is also a separate laundry room and an enclosed patio sunroom. Step outside to your private pool and large fully fenced backyard. Excellent location near shops, restaurants, parks, and a short drive to the beach. House is currently rented with the lease ending in December 2026. Do not disturb tenants.

Space Coast Context

🚀 Launch Viewing — Good Views

33.2 mi from SLC-40

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

Aerospace Commute Guide
L3Harris1.3 mi~3 min
Northrop3.1 mi~7 min
Blue Origin27.3 mi~1h 1m
SpaceX28.4 mi~1h 3m
Lockheed28.4 mi~1h 3m
Boeing/KSC30.2 mi~1h 7m
KSC30.7 mi~1h 8m

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.

Offer Intelligence

Based on 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
At market value
Median comparable close price: $340,000
Typical Offer Discount
94.4% of list price
At that rate, a competitive offer ≈ $330,556
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 1 comparable sale 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
0.14 acres (6,098 sqft)
Full Baths
2
Total Rooms
1
Garage
1 car
Pool
Yes
Days on Market
103
MLS Area
330 - Melbourne - Central

Schools

Elementary

University Park

Middle School

Stone

High School

Melbourne

Financial & Listing Details

Listed
Apr 5, 2026
Parcel #
28-37-04-01-0000g.0-0011.00
$350K

Listing Agent (for property info)

S
Steven Koleno
Beycome of Florida LLC
804-656-5007
Call Listing Agent

Estimated Monthly Payment

$2,344/mo
Principal & interest
$1,844
Property taxes
$350
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $350K price — down payment shown: $70,000.

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# 1073846

Interested in this property?

Equal Housing Opportunity

MLS# 1073846 · Listing Broker: Beycome of Florida LLC · 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.