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For SaleMulti-Family
$1.3M
168-198 Hidden Woods Place, Melbourne, FL 32901
South Melbourne neighborhood
Subdivision: None
14
Bedrooms
13
Bathrooms

About This Property

Description from listing agent

BRAND NEW CONSTRUCTION QUADPLEX WITH NO RENTAL RESTRICTIONS! Exceptional investment opportunity with strong income potential from long-term leases, furnished rentals, or Airbnb. Ideal for FIT students, travel nurses, or corporate tenants. Two end cap units feature 4 beds, 2.5 baths, loft, 1-car garage, and a first-floor Primary Suite with over 1,800 sq. ft. The other two interior units includes 3 beds, 2.5 baths, 1-car garage, and over 1,600 sq. ft. Quality Construction: Concrete block construction, Impact windows, stone accents, covered porches, and luxury finishes throughout. Each townhome is individually deeded, providing flexibility for future resale or financing options. Whether you're an investor or a multi-generational buyer, this quadplex is a rare find offering both quality and versatility.

Space Coast Context

🚀 Launch Viewing — Fair Views

36.3 mi from SLC-40

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

Aerospace Commute Guide
L3Harris4.2 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/KSC33.2 mi~1h 14m
KSC33.7 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

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
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
0.1 acres (4,356 sqft)
Full Baths
9
Half Baths
4
Stories
2
Garage
1 car
HOA Fee
$180/mo
Days on Market
445
MLS Area
330 - Melbourne - Central

Community & HOA

HOA

Schools

Elementary

University Park

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Apr 28, 2025
Parcel #
28-37-21-01-00000.0-0005.00
$1.3M

Listing Agent (for property info)

M
Meili Viera Porter
Waterman Real Estate Inc.
321-848-7344
Call Listing Agent

Estimated Monthly Payment

$8,479/mo
Principal & interest
$6,849
Property taxes
$1,300
Insurance & HOA
$330

Based on a 6.90% rate, 30-year loan, and $1.3M price — down payment shown: $260,000.

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# 1044489

Interested in this property?

Equal Housing Opportunity

MLS# 1044489 · Listing Broker: Waterman Real Estate Inc. · 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.