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For SaleSingle Family Home
$405K
2623 Reed Avenue, Melbourne, FL 32901
University Park neighborhood
Subdivision: Marty Manor
4
Bedrooms
2
Bathrooms
1,965
Sq Ft
1980
Year Built
$206 /sqft

About This Property

Description from listing agent

PRICE REDUCTION!!! This home truly has it all—space, style, and an unbeatable location. Enjoy Florida living at its best with a large screened pool and patio overlooking a big, fully fenced backyard that offers privacy and room to relax or entertain. Inside, the open eat-in island kitchen is the heart of the home, featuring all appliances and plenty of space for gatherings. The living room is warm and inviting with a wood-burning fireplace. Retreat to the gorgeous primary suite with a spa-like bath, complete with a Jacuzzi tub and separate shower. Additional highlights include an oversized 11x11 indoor laundry and storage room which could be converted back into a 5th bedroom, durable concrete block construction, city water and sewer, freshly remodeled spare bathroom, and an R/V or boat pad with a 12-foot gate opening. Perfectly located in Melbourne near FIT, this home sits in one of the area's most desirable neighborhoods—close to everything while still feeling like a private oasis.

Space Coast Context

🚀 Launch Viewing — Good Views

34.3 mi from SLC-40

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

Aerospace Commute Guide
L3Harris2.2 mi~5 min
Northrop4.1 mi~9 min
Blue Origin28.4 mi~1h 3m
SpaceX29.5 mi~1h 6m
Lockheed29.5 mi~1h 6m
Boeing/KSC31.2 mi~1h 10m
KSC31.7 mi~1h 11m

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
  • 1/1/26
    Listed
    $405K
    $206/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
24.6% above median
Median comparable close: $325,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
93.1% of list price
At that rate, a competitive offer ≈ $377,149
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
0.28 acres (12,197 sqft)
Full Baths
2
Total Rooms
8
Garage
2 car (attached)
Fireplaces
1
Pool
Yes
Days on Market
175
MLS Area
330 - Melbourne - Central

Schools

Elementary

University Park

Middle School

Stone

High School

Melbourne

Financial & Listing Details

Listed
Jan 1, 2026
Parcel #
28-37-09-33-0000a.0-0002.00
$405K

Listing Agent (for property info)

W
William Bill H Means
Real Broker LLC
321-258-2518
Call Listing Agent

Estimated Monthly Payment

$2,689/mo
Principal & interest
$2,134
Property taxes
$405
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $405K price — down payment shown: $81,000.

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# 1065294

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Equal Housing Opportunity

MLS# 1065294 · Listing Broker: Real Broker 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.