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For SaleSingle Family Home
$470K
1885 Hammock Estate Lane, Melbourne, FL 32934
Downtown Melbourne neighborhood
Subdivision: Hammock Estates
3
Bedrooms
2
Bathrooms
2,234
Sq Ft
1996
Year Built
$210 /sqft

About This Property

Description from listing agent

**HUGE PRICE DROP WITH A BRAND-NEW ROOF** Charming 3-Bedroom, 2-Bathroom home located in Hammock Estates on a spacious corner lot. This well-maintained home offers the perfect blend of comfort and convenience. Large Extended Garage: Plenty of room for your vehicles, tools, and toys. Whole House Generator: Peace of mind during power outages, ensuring your home stays comfortable year-round. Open Living Spaces: The bright and inviting living room seamlessly flows into a formal dining area, perfect for family gatherings and entertaining. Cozy Breakfast Nook: A great spot to enjoy your morning coffee while overlooking the backyard or neighborhood. Gourmet Kitchen: A chef's dream with an abundance of cabinet storage, counter space, and modern appliances for cooking and meal prep. This home is perfect for those who love space, convenience, and quality of life. With its large lot and desirable community, it won't last long on the market!

Space Coast Context

🚀 Launch Viewing — Good Views

30 mi from SLC-40

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

Aerospace Commute Guide
Northrop3.5 mi~8 min
L3Harris4 mi~9 min
Blue Origin24.7 mi~55 min
SpaceX25.3 mi~56 min
Lockheed25.4 mi~57 min
Boeing/KSC26.4 mi~59 min
KSC26.7 mi~1h

Estimates only — verify with Google Maps.

Flood Risk

Flood zone data not yet available for this listing. Check FEMA Flood Map

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 11/29/25
    Listed
    $470K
    $210/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 3 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
16.0% above median
Median comparable close: $405,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
94.9% of list price
At that rate, a competitive offer ≈ $445,858
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 3 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
0.37 acres (16,117 sqft)
Full Baths
2
Total Rooms
5
Garage
2 car (attached)
HOA Fee
$554/mo
Days on Market
204
MLS Area
321 - Lake Washington/S of Post

Community & HOA

HOA

  • Name: Hammock Estates
  • Fee: $554 / annually

Schools

Elementary

Sabal

Middle School

Johnson

High School

Eau Gallie

Financial & Listing Details

Listed
Nov 29, 2025
Parcel #
27-36-13-29-00000.0-0008.00
$470K

Listing Agent (for property info)

J
Jose Angel Ayala
Murray Realty of Brevard
321-536-9798
Call Listing Agent

Estimated Monthly Payment

$3,650/mo
Principal & interest
$2,476
Property taxes
$470
Insurance & HOA
$704

Based on a 6.90% rate, 30-year loan, and $470K price — down payment shown: $93,980.

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# 1063158

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Equal Housing Opportunity

MLS# 1063158 · Listing Broker: Murray Realty of Brevard · 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.