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For SaleSingle Family Home
$540K
7432 Monterey Court, Melbourne, FL 32940
Duran Golf Community neighborhood
Subdivision: Mission Lake Villas Unit 2
3
Bedrooms
3
Bathrooms
2,088
Sq Ft
1996
Year Built
$259 /sqft

About This Property

Description from listing agent

Welcome to this meticulously maintained and beautifully updated courtyard-style pool home in sought-after Mission Lake Villas. This unique 3-bedroom, 3-bath home features a 2-car garage, new tile roof, private courtyard, and peaceful pond setting on a cul-de-sac. The main home offers 2 bedrooms and 2 baths with living spaces that open to the courtyard and pool, creating an inviting indoor-outdoor flow. The master suite offers a walk in shower and custom built in closet wardrobe. Across the courtyard, the separate guest suite offers a studio-style setup and full bath, ideal for guests, extended family, or a home office. The updated kitchen features custom cabinetry, modern finishes, and a gas range. Tile floors flow throughout the home. Step outside to the private courtyard and enjoy the gas-heated pool, perfect for year-round enjoyment. With thoughtful updates, a flexible layout, and a unique courtyard design, this home offers privacy, comfort, and the Florida lifestyle.

Space Coast Context

🚀 Launch Viewing — Good Views

23.9 mi from SLC-40

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

Aerospace Commute Guide
Northrop8.2 mi~18 min
L3Harris9.7 mi~22 min
Blue Origin19 mi~42 min
SpaceX19.3 mi~43 min
Lockheed19.5 mi~43 min
Boeing/KSC20 mi~45 min
KSC20.2 mi~45 min

Estimates only — verify with Google Maps.

Flood Risk

Zone AE — High Risk

Special Flood Hazard Area (1% annual chance). Flood insurance is federally required for mortgages.

Estimated flood insurance: $2,000 – $6,000+ / 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
  • 8/21/26
    Listed
    $540K
    $259/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 7 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
9.6% below market
Median comparable close price: $597,000
Typical Offer Discount
98.0% of list price
At that rate, a competitive offer ≈ $529,007
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 7 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
0.2 acres (8,712 sqft)
Full Baths
3
Garage
2 car (attached)
HOA Fee
$200/mo
Pool
Yes
Days on Market
4
MLS Area
218 - Suntree S of Wickham

Community & HOA

HOA

  • Name: Mission Lake Villas
  • Fee: $200 / monthly

Schools

Elementary

Suntree

Middle School

DeLaura

High School

Viera

Financial & Listing Details

Listed
Aug 22, 2026
Parcel #
26-36-11-77-00000.0-0015.00
$540K

Listing Agent (for property info)

A
Anthony Granato
Blue Marlin Real Estate
321-501-1480
Call Listing Agent

Estimated Monthly Payment

$3,735/mo
Principal & interest
$2,845
Property taxes
$540
Insurance & HOA
$350

Based on a 6.90% rate, 30-year loan, and $540K price — down payment shown: $107,980.

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.

MLS# 1085729

What's Nearby

restaurants
The Salty Bagel
0.3 mi away
vets
Harbor City Animal Hospital
0.4 mi away
restaurants
Domino's
0.4 mi away
restaurants
Subway
0.4 mi away
government
The UPS Store
0.4 mi away
vets
Veterinary Specialty Center
0.4 mi away
grocery
Publix
0.5 mi away
restaurants
Jimmy John's
0.6 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1085729 · Listing Broker: Blue Marlin Real Estate · 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.