1 / 50
For SaleSingle Family Home
$480K
438 Carmel Drive, Melbourne, FL 32940
Duran Golf Community neighborhood
Subdivision: Mission Lake Villas Unit 2
3
Bedrooms
2
Bathrooms
1,722
Sq Ft
1993
Year Built
$279 /sqft

About This Property

Description from listing agent

Elegantly updated lakefront pool home in desirable Sun Tree offering privacy, style, and effortless Florida living. Unwind in your private screened solar-heated saltwater pool while enjoying tranquil lake and preserve views--perfect for breathtaking sunsets and peaceful outdoor relaxation. Inside, soaring ceilings, abundant natural light, fresh neutral paint, and beautiful wood-plank tile flooring create a warm, inviting atmosphere. The upgraded kitchen features custom cabinetry with pull-out shelving, elegant countertops, brand-new appliances, and a gas range ideal for home chefs. The spacious primary suite offers direct pool access and a beautifully updated bath with dual vanities, soaking tub, and large walk-in closet. Additional highlights include a 2-car garage, newer A/C, new water heater, a 3-camera exterior security system, and HOA maintenance covering lawn care, pest, exterior painting, and tile roof cleaning-making this move-in ready lakefront retreat truly exceptional. 🌅🏡

Space Coast Context

🚀 Launch Viewing — Good Views

23.9 mi from SLC-40

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

Aerospace Commute Guide
Northrop8.1 mi~18 min
L3Harris9.7 mi~22 min
Blue Origin19 mi~42 min
SpaceX19.3 mi~43 min
Lockheed19.5 mi~43 min
Boeing/KSC20.1 mi~45 min
KSC20.3 mi~45 min

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
  • 3/13/26
    Listed
    $480K
    $279/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
10.3% below market
Median comparable close price: $535,000
Typical Offer Discount
100.5% of list price
At that rate, a competitive offer ≈ $482,460
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.

This is the same analysis a local agent performs by hand — done automatically on every listing.

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
0.16 acres (6,970 sqft)
Full Baths
2
Garage
2 car (attached)
HOA Fee
$150/mo
Waterfront
Yes
Pool
Yes
Days on Market
70
MLS Area
216 - Viera/Suntree N of Wickham

Community & HOA

HOA

  • Name: Mission Lakes Villas HOA
  • Fee: $150 / monthly

Schools

Elementary

Suntree

Middle School

DeLaura

High School

Viera

Financial & Listing Details

Listed
Apr 11, 2026
Parcel #
26-36-11-77-00000.0-0055.00
$480K

Listing Agent (for property info)

S
Scott Seltzer
Coldwell Banker Realty
321-408-1334
Call Listing Agent

Estimated Monthly Payment

$3,309/mo
Principal & interest
$2,529
Property taxes
$480
Insurance & HOA
$300

Based on a 6.90% rate, 30-year loan, and $480K price — down payment shown: $96,000.

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# 1071864

Interested in this property?

Equal Housing Opportunity

MLS# 1071864 · Listing Broker: Coldwell Banker Realty · 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.