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For SaleSingle Family Home
$929K
8043 Old Tramway Drive, Melbourne, FL 32940
Duran Golf Community neighborhood
Subdivision: Baytree PUD Phase 2 Stage 1A The Hamlet
5
Bedrooms
3
Bathrooms
3,402
Sq Ft
2001
Year Built
$273 /sqft

About This Property

Description from listing agent

You just found your new home!! This Executive Style 5 bedroom, 3 full bath, 3,402 square foot home is located in the Highly sought-after Baytree golf course gated community. Offering Newer Tile Roof 2020, Impact rated insulated windows, HVAC 2023 including Ductwork and UV filter, Interior Paint 2021, Exterior Paint 2024, Custom Chefs Kitchen with Granite Counters and sink, 6 burner gas range, vented hood 2022, hardwood flooring, renovated master bath with claw foot tub and separate shower, upgraded hurricane rated garage door, wine cellar, electric fireplace in custom built-in entertainment center, custom staircase, formal living/dining rooms, soaring ceilings in Great room, Elevated lot, and sliding glass doors that open to the Heated Saltwater Pool area perfect for entertaining. This home overlooks the Gary Player Signature golf course and lake as well as access to other amenities including tennis courts, Pickle ball, and the Baytree clubhouse. Enjoy Florida living at its finest.

Space Coast Context

🚀 Launch Viewing — Good Views

25.1 mi from SLC-40

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

Aerospace Commute Guide
Northrop7.7 mi~17 min
L3Harris9.1 mi~20 min
Blue Origin20.4 mi~45 min
SpaceX20.6 mi~46 min
Lockheed20.8 mi~46 min
Boeing/KSC21.2 mi~47 min
KSC21.3 mi~47 min

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / 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
  • 8/8/26
    Price change
    $929K -4.7%
    $273/sqft
  • 7/17/26
    Listed
    $975K
    $287/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 3 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
5.6% above median
Median comparable close: $880,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
100.2% of list price
At that rate, a competitive offer ≈ $931,023
Price Reductions
1 reduction
Originally listed at $975,000 · Cut $46,000 total
See & adjust the 3 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
0.23 acres (10,019 sqft)
Full Baths
3
Total Rooms
13
Garage
2 car (attached)
Fireplaces
1
HOA Fee
$95/mo
Pool
Yes
Days on Market
40
MLS Area
218 - Suntree S of Wickham

Community & HOA

HOA

  • Name: Baytree PUD Phase 2 Stage 1A The Hamlet
  • Fee: $95 / annually

Schools

Elementary

Quest

Middle School

Viera Middle School

High School

Viera

Financial & Listing Details

Listed
Jul 17, 2026
Parcel #
26-36-14-Rw-0000i.0-0012.00
$929K

Listing Agent (for property info)

P
Paul Frommann II
Coldwell Banker Paradise
321-591-0111
Call Listing Agent

Estimated Monthly Payment

$6,069/mo
Principal & interest
$4,895
Property taxes
$929
Insurance & HOA
$245

Based on a 6.90% rate, 30-year loan, and $929K price — down payment shown: $185,800.

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# 1082764

What's Nearby

restaurants
Paws On Pizzeria
0.9 mi away
parks
Paws On Playground
0.9 mi away
pharmacies
CVS Pharmacy
1.0 mi away
restaurants
Papa John's
1.0 mi away
home improvement
Stone Tile Gallery
1.0 mi away
grocery
Publix
1.0 mi away
government
The UPS Store
1.0 mi away
restaurants
Subway
1.0 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1082764 · Listing Broker: Coldwell Banker Paradise · 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.