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For SaleSingle Family Home
$513K
1140 Cypress Trace Drive, Melbourne, FL 32940
Suntree neighborhood
Subdivision: Cypress Trace Suntree PUD Stage 4
3
Bedrooms
3
Bathrooms
1,961
Sq Ft
1990
Year Built
$261 /sqft

About This Property

Description from listing agent

BRAND-NEW ROOF JUST INSTALLED! Welcome to this fabulous Suntree pool home offering 3 bedrooms, 2.5 baths and nearly 2,000 sq. ft. of living space! Enjoy a spacious floor plan featuring formal living and dining rooms, a comfortable family room with gas fireplace, and a kitchen with breakfast bar and casual dining area. The split-bedroom layout provides privacy, while the primary suite offers generous closet space. Step outside to your own Florida retreat featuring a screened, gas-heated pool, covered patio and peaceful pond views! Additional highlights include tile flooring, storm shutters, a 2-car garage and a desirable location on a quiet street. Conveniently located in the heart of Suntree near shopping, dining, golf and major roadways. With a NEW ROOF and fantastic indoor and outdoor living spaces, this home is ready for its next owner!d.

Space Coast Context

🚀 Launch Viewing — Good Views

25.3 mi from SLC-40

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

Aerospace Commute Guide
Northrop7.3 mi~16 min
L3Harris8.7 mi~19 min
Blue Origin20.4 mi~45 min
SpaceX20.7 mi~46 min
Lockheed20.9 mi~47 min
Boeing/KSC21.4 mi~48 min
KSC21.6 mi~48 min

Estimates only — verify with Google Maps.

Flood Risk

Zone AE — High Risk

Special Flood Hazard Area (1% annual chance). Flood insurance is federally required for mortgages.

Estimated flood insurance: $2,000 – $6,000+ / yr — varies by coverage, elevation & insurer

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

Price History

Date
Event
Price
  • 9/28/26
    Listed
    $513K
    $261/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 5 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
12.8% below market
Median comparable close price: $588,000
Typical Offer Discount
98.8% of list price
At that rate, a competitive offer ≈ $506,123
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 5 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
0.22 acres (9,583 sqft)
Full Baths
2
Half Baths
1
Garage
2 car
Fireplaces
1
HOA Fee
$45/mo
Pool
Yes
Days on Market
3
MLS Area
218 - Suntree S of Wickham

Community & HOA

HOA

  • Name: Cypress Trace and Suntree Master Association
  • Fee: $45 / annually

Schools

Elementary

Suntree

Middle School

DeLaura

High School

Viera

Financial & Listing Details

Listed
Oct 8, 2026
Parcel #
26-36-23-oh-00000.0-0090.00
$513K

Listing Agent (for property info)

K
Kerry Ramage
RE/MAX Elite
321-863-2746
Call Listing Agent

Estimated Monthly Payment

$3,408/mo
Principal & interest
$2,700
Property taxes
$513
Insurance & HOA
$195

Based on a 6.90% rate, 30-year loan, and $513K price — down payment shown: $102,500.

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# 1088677

What's Nearby

grocery
Publix
1.2 mi away
government
The UPS Store
1.2 mi away
restaurants
Subway
1.2 mi away
home improvement
Stone Tile Gallery
1.3 mi away
restaurants
Papa John's
1.3 mi away
pharmacies
CVS Pharmacy
1.3 mi away
restaurants
Domino's
1.3 mi away
vets
Harbor City Animal Hospital
1.3 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1088677 · Listing Broker: RE/MAX Elite · 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.