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For SaleTownhouse
$300K
870 Luminary Circle #105, Melbourne, FL 32901
South Melbourne neighborhood
Subdivision: Sonesta Walk
3
Bedrooms
2
Bathrooms
1,277
Sq Ft
2005
Year Built
$235 /sqft

About This Property

Description from listing agent

Welcome home to this well maintained completely updated move-in ready 3 bedroom 2 bath townhouse in desirable resort-style community, featuring granite countertops, 42'' maple cabinets, stainless steel appliances, tile backsplash, and crown molding. Easy low maintenance vinyl flooring on 1st floor. Oak stair treads, spacious 2nd floor primary bedroom with bamboo flooring, tray ceiling, his/her double racked closets and updated master bath with walk in shower. Convenient 1st floor Jack-and-Jill bathroom with walk in shower. The fenced back yard is complete with 15x15 screen room with elite panel roof for strength and sound cancelling. The screened front entry provides a pleasant area for relaxing. New roof March 2025. Exterior painted 2024. Amenities include heated pool, cabana and grill area, hot tub, tennis & basketball courts, playground, Located just 15 minutes to the beach! There is nothing to do here but live the Florida lifestyle.

Space Coast Context

🚀 Launch Viewing — Fair Views

36.2 mi from SLC-40

36.2 miles from SLC-40 — visible as a bright streak in good conditions.

Aerospace Commute Guide
L3Harris4.1 mi~9 min
Northrop6.1 mi~14 min
Blue Origin30.3 mi~1h 8m
SpaceX31.4 mi~1h 10m
Lockheed31.4 mi~1h 10m
Boeing/KSC33.1 mi~1h 14m
KSC33.6 mi~1h 15m

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
33.3% above median
Median comparable close: $225,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
90.0% of list price
At that rate, a competitive offer ≈ $270,099
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
0.08 acres (3,485 sqft)
Full Baths
2
Total Rooms
6
Garage
1 car
HOA Fee
$100/mo
Days on Market
197
MLS Area
330 - Melbourne - Central

Community & HOA

HOA

  • Name: Sonesta Walk HOA
  • Fee: $100 / monthly

Schools

Elementary

Riviera

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Jan 7, 2026
Parcel #
28-37-21-25-0000a.0-0041.00
$300K

Listing Agent (for property info)

R
Richard H Cote
Good Ground Real Estate & Dev.
321-412-3491
Call Listing Agent

Estimated Monthly Payment

$2,131/mo
Principal & interest
$1,581
Property taxes
$300
Insurance & HOA
$250

Based on a 6.90% rate, 30-year loan, and $300K price — down payment shown: $59,998.

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# 1065697

Interested in this property?

Equal Housing Opportunity

MLS# 1065697 · Listing Broker: Good Ground Real Estate & Dev. · 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.