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For SaleSingle Family Home
$335K
128 Lagoon Avenue, Melbourne, FL 32901
Downtown Melbourne neighborhood
Subdivision: Indian River Bluff Amended Plat No 2
3
Bedrooms
2
Bathrooms
1,450
Sq Ft
1992
Year Built
$231 /sqft

About This Property

Description from listing agent

This is THE ONE! Beautifully remodeled 3 bedroom 2 bathroom concrete block home with a two car garage in the heart of Melbourne. Built in 1992 with no cast iron plumbing, this property offers a 2024 roof, luxury waterproof vinyl plank flooring throughout, all new Bosch appliances, a new GE Profile washer and dryer, a stylishly updated guest bathroom and custom closet systems in every bedroom. The open floor plan provides a bright, spacious living area that flows into a large kitchen with an oversized breakfast bar. The location is outstanding! You're only minutes from Historic Downtown Melbourne, the Eau Gallie Arts District, riverfront parks & boat ramps, and both the Melbourne and Eau Gallie Causeways for quick access to the beach, which is about a 10 minute drive. Just 5 minutes from Melbourne Orlando International Airport, this is the perfect home base for easy travel. Enjoy convenient access to shopping, dining, entertainment, and everything the Space Coast lifestyle offers.

Space Coast Context

🚀 Launch Viewing — Good Views

32 mi from SLC-40

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

Aerospace Commute Guide
L3Harris1.1 mi~2 min
Northrop1.9 mi~4 min
Blue Origin26 mi~58 min
SpaceX27.1 mi~1h
Lockheed27.1 mi~1h
Boeing/KSC29 mi~1h 5m
KSC29.5 mi~1h 6m

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
  • 12/11/25
    Listed
    $335K
    $231/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 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
7.7% above median
Median comparable close: $311,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
97.5% of list price
At that rate, a competitive offer ≈ $326,501
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
0.23 acres (10,019 sqft)
Full Baths
2
Garage
2 car
Days on Market
193
MLS Area
323 - Eau Gallie

Schools

Elementary

Harbor City

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Dec 12, 2025
Parcel #
27-37-27-51-00000.0-0163.00
$335K

Listing Agent (for property info)

M
Matt Canina
Florida Elite Real Estate
321-266-1798
Call Listing Agent

Estimated Monthly Payment

$2,249/mo
Principal & interest
$1,765
Property taxes
$335
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $335K price — down payment shown: $66,980.

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# 1064137

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Equal Housing Opportunity

MLS# 1064137 · Listing Broker: Florida Elite 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.