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For SaleSingle Family Home
$499K
3431 Lakewood Drive, Melbourne, FL 32904
University Park neighborhood
Subdivision: Lakewood Estates Phase 2 A Replat of Lots 5 6 and
4
Bedrooms
2
Bathrooms
2,149
Sq Ft
2005
Year Built
$232 /sqft

About This Property

Description from listing agent

RV or boater's Dream Home! 4 bedroom, 2 bath lakefront home with private pool/hot tub, RV garage (9'9'' entry x 24' deep) and carport for boat or RV (20x40, over 12' clearance). Just minutes from shopping and dining but tucked away from the hustle and bustle with NO HOA! 2005 built home with custom features including 10' ceilings in the living area, tray ceiling in Primary and coffered ceilings in the entry, dining room and flex space. This is a great family home with room for all of your toys!

Space Coast Context

🚀 Launch Viewing — Good Views

33.9 mi from SLC-40

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

Aerospace Commute Guide
L3Harris1.8 mi~4 min
Northrop3.8 mi~8 min
Blue Origin28.1 mi~1h 3m
SpaceX29.1 mi~1h 5m
Lockheed29.2 mi~1h 5m
Boeing/KSC30.8 mi~1h 9m
KSC31.2 mi~1h 10m

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
  • 11/13/25
    Listed
    $499K
    $232/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

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
0.31 acres (13,504 sqft)
Full Baths
2
Total Rooms
10
Garage
2 car (attached)
Waterfront
Yes
Pool
Yes
Days on Market
240
MLS Area
331 - West Melbourne

Schools

Elementary

University Park

Middle School

Central

High School

Melbourne

Financial & Listing Details

Listed
Nov 13, 2025
Parcel #
28-37-05-82-00000.0-005a.00
$499K

Listing Agent (for property info)

K
Kim Fraser
Fraser Group, Inc
321-917-3289
Call Listing Agent

Estimated Monthly Payment

$3,278/mo
Principal & interest
$2,629
Property taxes
$499
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $499K price — down payment shown: $99,800.

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# 1062033

Interested in this property?

Equal Housing Opportunity

MLS# 1062033 · Listing Broker: Fraser Group, 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.