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For SaleSingle Family Home
$433K
571 Tortuga Way, Melbourne, FL 32904
University Park neighborhood
Subdivision: Fairmont
4
Bedrooms
3
Bathrooms
2,862
Sq Ft
2006
Year Built
$151 /sqft

About This Property

Description from listing agent

ASSUMABLE LOAN 4.9%!! Quick close available in 17 days! Stunning Updated 4BR/3BA Home with Loft + Flexible 5th Bedroom! Welcome to this spectacular executive home in the sought-after Fairmont neighborhood! Beautifully upgraded & updated throughout, this custom-built residence offers spacious, move-in-ready living with countless premium features. Step inside to discover an open, light-filled layout with cathedral and vaulted ceilings, formal living room (possible 5th bedroom), formal dining room, & a generous family room. The gourmet kitchen boasts granite counters, custom cabinets, a center island, stainless steel appliances, & a breakfast nook-perfect for everyday meals or entertaining. Upstairs, you'll find an oversized master suite with vaulted ceilings & a luxurious bath, plus three additional bedrooms & a spacious loft. Close to beach/river access as well as PSFB along with many major retail stores, restaurants & more nearby.

Space Coast Context

🚀 Launch Viewing — Good Views

34.6 mi from SLC-40

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

Aerospace Commute Guide
L3Harris2.4 mi~5 min
Northrop4.4 mi~10 min
Blue Origin28.7 mi~1h 4m
SpaceX29.8 mi~1h 6m
Lockheed29.8 mi~1h 6m
Boeing/KSC31.4 mi~1h 10m
KSC31.8 mi~1h 11m

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
    $433K -0.6%
    $151/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 5 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
At market value
Median comparable close price: $445,000
Typical Offer Discount
98.7% of list price
At that rate, a competitive offer ≈ $426,937
Price Reductions
1 reduction
Originally listed at $432,500 · Cut $2,500 total
See & adjust the 5 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
0.13 acres (5,663 sqft)
Full Baths
2
Half Baths
1
Garage
2 car (attached)
HOA Fee
$550/mo
Days on Market
48
MLS Area
331 - West Melbourne

Community & HOA

HOA

  • Name: Fairmont
  • Fee: $550 / annually

Schools

Elementary

University Park

Middle School

Central

High School

Melbourne

Financial & Listing Details

Listed
May 28, 2026
Parcel #
28-37-08-06-00000.0-0099.00
$433K

Listing Agent (for property info)

B
Brandon Michael Lape
EXP Realty, LLC
321-446-7788
Call Listing Agent

Estimated Monthly Payment

$3,411/mo
Principal & interest
$2,279
Property taxes
$433
Insurance & HOA
$700

Based on a 6.90% rate, 30-year loan, and $433K price — down payment shown: $86,500.

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# 1078413

Interested in this property?

Equal Housing Opportunity

MLS# 1078413 · Listing Broker: EXP Realty, 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.