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For SaleSingle Family Home
$315K
4220 Alamanda Key Drive, Melbourne, FL 32901
South Melbourne neighborhood
Subdivision: Alamanda Key Phase I
3
Bedrooms
2
Bathrooms
1,551
Sq Ft
2006
Year Built
$203 /sqft

About This Property

Description from listing agent

Welcome to Alamanda Key, a highly desirable 55+ gated community with tropical Key West-style villas, perfect for snowbirds or year-round Florida living.This immaculate, move-in ready home has 3-bedroom, 2-bath with a 2-car garage offers durable concrete block construction, impact windows, 2025 a/c, gutters w/screen and a metal roof for low-maintenance peace of mind. Enjoy relaxing in the covered and screened courtyard entry, ideal for enjoying Florida weather year-round. Inside features include crown molding, plantation shutters, updated kitchen w/gas stove, granite countertops and attractive cabinetry. The spacious primary suite offers a walk-in closet, garden tub, and separate shower. Community amenities include a heated pool and spa, pickleball, tennis courts, and a clubhouse with kitchenette and fitness equipment. The low HOA fee includes lawn care, irrigation, cable TV, and internet making for easy, low-maintenance living.

Space Coast Context

🚀 Launch Viewing — Fair Views

35.9 mi from SLC-40

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

Aerospace Commute Guide
L3Harris3.7 mi~8 min
Northrop5.7 mi~13 min
Blue Origin29.9 mi~1h 7m
SpaceX31 mi~1h 9m
Lockheed31 mi~1h 9m
Boeing/KSC32.8 mi~1h 13m
KSC33.3 mi~1h 14m

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.

Offer Intelligence

Based on 4 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
5.0% above median
Median comparable close: $300,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
95.1% of list price
At that rate, a competitive offer ≈ $299,569
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 4 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
0.11 acres (4,792 sqft)
Full Baths
2
Garage
2 car
HOA Fee
$645/mo
Senior Community
Yes
Days on Market
148
MLS Area
330 - Melbourne - Central

Community & HOA

HOA

Schools

Elementary

University Park

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Feb 20, 2026
Parcel #
28-37-16-54-0000b.0-0044.00
$315K

Listing Agent (for property info)

C
Cheryld T. Hanson
Lokation Real Estate
321-391-9014
Call Listing Agent

Estimated Monthly Payment

$2,770/mo
Principal & interest
$1,660
Property taxes
$315
Insurance & HOA
$795

Based on a 6.90% rate, 30-year loan, and $315K price — down payment shown: $63,000.

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# 1069103

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Equal Housing Opportunity

MLS# 1069103 · Listing Broker: Lokation Real Estate · 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.