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For SaleSingle Family Home
$390K
4078 Palladian Way, Melbourne, FL 32904
West Melbourne neighborhood
Subdivision: Hammock Trace Preserve Phase 1
3
Bedrooms
2
Bathrooms
1,822
Sq Ft
2012
Year Built
$214 /sqft

About This Property

Description from listing agent

MOTIVATED SELLER- ANOTHER MAJOR PRICE REDUCTION - ASSUMABLE VA MORTGAGE. Outside completely painted week ending 11/14/25. This 1,882 sq. ft beautiful property is in a highly sought after gated community with a community pool. It is close to the interstate, shopping and employment opportunities. The development is family friendly. The property exudes pride in ownership. The property boasts 3 bedrooms and a flex room (possible 4th bedroom with built in closet).In addition, separate kitchen dining area, breakfast bar and dining room, complete pull-down exterior shutters, new roof in 2023, entirely new fencing in 2020, (overlooking a large lake), water purification system, active alarm system, granite kitchen and bathroom countertops, stainless-steel appliances in the kitchen, deep well for sprinklers, pull down stair for attic access, full gutters and outdoor generator connection. AND SO MUCH MORE - Your buyers will not be disappointed !

Space Coast Context

🚀 Launch Viewing — Good Views

32.5 mi from SLC-40

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

Aerospace Commute Guide
L3Harris3.9 mi~9 min
Northrop4.6 mi~10 min
Blue Origin27.2 mi~1h 1m
SpaceX27.8 mi~1h 2m
Lockheed27.9 mi~1h 2m
Boeing/KSC28.8 mi~1h 4m
KSC29 mi~1h 5m

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
  • 11/5/25
    Listed
    $390K
    $214/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 16 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
14.7% above median
Median comparable close: $340,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
98.1% of list price
At that rate, a competitive offer ≈ $382,644
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 16 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
0.14 acres (6,098 sqft)
Full Baths
2
Garage
2 car (attached)
HOA Fee
$500/mo
Days on Market
216
MLS Area
330 - Melbourne - Central

Community & HOA

HOA

  • Name: Keys Property Management
  • Fee: $500 / annually

Schools

Elementary

Roy Allen

Middle School

Central

High School

Eau Gallie

Financial & Listing Details

Listed
Nov 19, 2025
Parcel #
27-36-26-77-00000.0-0016.00
$390K

Listing Agent (for property info)

M
Martin Frisone
Weichert REALTORS Hallmark Pro
321-298-3000
Call Listing Agent

Estimated Monthly Payment

$3,094/mo
Principal & interest
$2,054
Property taxes
$390
Insurance & HOA
$650

Based on a 6.90% rate, 30-year loan, and $390K price — down payment shown: $77,980.

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# 1061484

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Equal Housing Opportunity

MLS# 1061484 · Listing Broker: Weichert REALTORS Hallmark Pro · 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.