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For SaleSingle Family Home
$970K
115 Regatta Street, Melbourne Beach, FL 32951
Melbourne Beach neighborhood
Subdivision: Marks Landing
4
Bedrooms
3
Bathrooms
2,804
Sq Ft
1996
Year Built
$346 /sqft

About This Property

Description from listing agent

Exceptional opportunity for nature lovers located in the prestigious deed-restricted community of Mark's Landing. This immaculate home offers 2 Tesla Power Walls reducing energy costs significantly. The property is situated on an elevated .81-acre estate lot that backs up to a 400-acre Maritime Hammock Preserve. Directly across A1A, just a 5-min walk to our quiet beautiful beaches. It is surrounded by wildlife sanctuaries and conservancy tracts close to hiking trails and Indian River kayak access, making the home feel like a private nature preserve. Residence features: Modern open floor plan, Large master ensuite, 2 additional bedrooms plus a 4th bedroom/office. Trussed screened, heated saltwater pool and built-in hot tub spa with a waterfall and outdoor kitchen is perfect for entertaining. Nearby amenities include the Sebastian Inlet, the Gemini award-winning grammar school and downtown shopping and restaurants.

Space Coast Context

🚀 Launch Viewing — Fair Views

42.3 mi from SLC-40

42.3 miles from SLC-40 — visible as a bright streak in good conditions.

Aerospace Commute Guide
L3Harris12.9 mi~29 min
Northrop14.2 mi~32 min
Blue Origin35.7 mi~1h 20m
Lockheed37.3 mi~1h 23m
SpaceX37.5 mi~1h 24m
Boeing/KSC40.1 mi~1h 29m
KSC40.9 mi~1h 31m

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
  • 1/21/26
    Listed
    $970K
    $346/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
31.8% above median
Median comparable close: $736,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
92.6% of list price
At that rate, a competitive offer ≈ $898,013
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
0.81 acres (35,284 sqft)
Full Baths
2
Half Baths
1
Total Rooms
3
Garage
2 car
HOA Fee
$250/mo
Pool
Yes
Days on Market
149
MLS Area
385 - South Beaches

Community & HOA

HOA

  • Name: Marks Landing
  • Fee: $250 / annually

Schools

Elementary

Gemini

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Jan 30, 2026
Parcel #
29-38-14-50-00000.0-0011.00
$970K

Listing Agent (for property info)

J
Joanie Shepherd
Prominent Properties of FL,LLC
321-243-5688
Call Listing Agent

Estimated Monthly Payment

$6,481/mo
Principal & interest
$5,111
Property taxes
$970
Insurance & HOA
$400

Based on a 6.90% rate, 30-year loan, and $970K price — down payment shown: $194,000.

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# 1067151

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Equal Housing Opportunity

MLS# 1067151 · Listing Broker: Prominent Properties of FL,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.