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For SaleTownhouse
$199K
46 Piney Branch Way #B, Melbourne, FL 32904
University Park neighborhood
Subdivision: Chateau in the Pines
2
Bedrooms
3
Bathrooms
1,288
Sq Ft
1984
Year Built
$155 /sqft

About This Property

Description from listing agent

Discover the unbeatable combination of location with modern comfort in this updated 2-bedroom, 2.5-bath townhouse. You simply can't get anymore centrally located than this: steps from major industry, premier shopping, endless dining and activities. No long commutes, just effortless access to everything that matters. Inside, the home is updated throughout, with each spacious bedroom featuring its own full private bath, for convenience and privacy. A half bath on the main level welcomes guests, while the open layout flows for everyday living and comfort. Every room in this home has access to the patio or its own private balcony, capturing endless natural light. Priced exceptionally well for today's market, this move-in-ready home delivers tremendous value without compromise. Don't miss the opportunity to own an updated townhouse in the center of town, next to the Melbourne square mall. This is the value you've been waiting for!

Space Coast Context

🚀 Launch Viewing — Good Views

33.5 mi from SLC-40

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

Aerospace Commute Guide
L3Harris1.4 mi~3 min
Northrop3.4 mi~8 min
Blue Origin27.8 mi~1h 2m
SpaceX28.8 mi~1h 4m
Lockheed28.8 mi~1h 4m
Boeing/KSC30.3 mi~1h 8m
KSC30.8 mi~1h 9m

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
  • 6/10/26
    Price change
    $199K -0.3%
    $155/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

Price history and market context for this listing.

Price Reductions
1 reduction
Originally listed at $199,499 · Cut $500 total
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
0.02 acres (871 sqft)
Full Baths
2
Half Baths
1
HOA Fee
$349/mo
Days on Market
149
MLS Area
331 - West Melbourne

Community & HOA

HOA

  • Name: Chateau in the Pines
  • Fee: $349 / monthly

Schools

Elementary

University Park

Middle School

Stone

High School

Melbourne

Financial & Listing Details

Listed
Feb 20, 2026
Parcel #
28-37-05-00-00038.3-0000.00
$199K

Listing Agent (for property info)

A
Alan S Metzger
Blue Marlin Real Estate
321-287-8129
Call Listing Agent

Estimated Monthly Payment

$1,750/mo
Principal & interest
$1,051
Property taxes
$200
Insurance & HOA
$499

Based on a 6.90% rate, 30-year loan, and $199K price — down payment shown: $39,900.

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# 1069839

Interested in this property?

Equal Housing Opportunity

MLS# 1069839 · Listing Broker: Blue Marlin 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.