About This Property
$1,800 PER MONTH! ASSUMABLE - NO QUALIFYING MORTGAGE! ONLY $150 HOA Welcome to a nearly new (built in 2023) townhome tucked along the serene waters of Elbow Creek in Melbourne, where every day feels like a getaway. This is more than a home, it's a lifestyle. Imagine launching your paddleboard right from your backyard, unwinding with morning coffee on your private balcony as the water glistens below, and ending your days with golden Florida sunsets. Inside, the home is just as captivating. A bright, open-concept design is paired with modern elegance, featuring quartz countertops, stainless steel appliances, and sun-drenched living spaces that invite both relaxation and effortless entertaining. What truly sets this property apart is its rare combination of luxury and opportunity. Zoned for Airbnb, it offers the flexibility to generate income. Perfectly positioned in a peaceful community yet just minutes from vibrant downtown Melbourne & EGAD.
Location
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Community & HOA
HOA
- Name: Elbow Creek Townhomes
- Fee: $150 / monthly
Schools
Elementary
Harbor City
Middle School
Hoover
High School
Melbourne
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $2,861
- Property taxes
- $543
- Insurance & HOA
- $300
Based on a 6.90% rate, 30-year loan, and $543K price — down payment shown: $108,600.
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.