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For SaleSingle Family Home
$550K
1766 Grand Isle Boulevard, Melbourne, FL 32940
Heritage Isle neighborhood
Subdivision: Grand Isle Phase 2 Viera N PUD Parcel U X
4
Bedrooms
2
Bathrooms
2,204
Sq Ft
2003
Year Built
$250 /sqft

About This Property

Description from listing agent

Prime waterfront living in private, gated 55+ community of Grand Isle. This beautifully updated 4 BD, 2 BA home w/ 3 car garage is ideally positioned on the largest lake in the neighborhood, offering serene water views. Recent upgrades include fully remodeled kitchen, laundry room, & guest bath, along w/ High-end impact windows provide peace of mind, while wood & tile flooring flow throughout, & new flooring added in several areas. The inviting living room features a gas fireplace, & the large screened back porch & paver back lanai enhances outdoor living. The north-facing rear porch provides shade most of the day, allowing you to comfortably enjoy the tranquil lake views Grand Isle residents enjoy maintenance-free living w/ lawn care included & exterior painting every 8 yrs. Resort-style amenities include clubhouse, tennis, pickleball, & pool, Close to shopping, beaches & only 45 min to Orlando Airport!

Space Coast Context

🚀 Launch Viewing — Good Views

22.4 mi from SLC-40

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

Aerospace Commute Guide
Northrop10.5 mi~23 min
L3Harris12.1 mi~27 min
SpaceX18 mi~40 min
Blue Origin18.1 mi~40 min
Boeing/KSC18.3 mi~41 min
Lockheed18.3 mi~41 min
KSC18.4 mi~41 min

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
  • 3/12/26
    Listed
    $550K
    $250/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 5 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
23.6% above median
Median comparable close: $445,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
98.0% of list price
At that rate, a competitive offer ≈ $538,878
Price Reductions
No reductions
Listed price has not changed since hitting the market
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 (single family, condo, townhouse, etc.)
  • 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)
  • Square footage within ±15%
  • Year built within ±15 years

We start with your neighborhood, then expand to 3 miles, then 5 miles until we have enough comps. Sales within the last 90 days are weighted 2× in the median to reflect current market conditions.

This is the same analysis a local agent performs by hand — done automatically on every listing.

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
0.22 acres (9,583 sqft)
Full Baths
2
Garage
3 car (attached)
Fireplaces
1
HOA Fee
$325/mo
Waterfront
Yes
Senior Community
Yes
Days on Market
99
MLS Area
216 - Viera/Suntree N of Wickham

Community & HOA

HOA

  • Name: Leeland Management
  • Fee: $325 / monthly

Financial & Listing Details

Listed
Mar 12, 2026
Parcel #
25-36-34-So-0000g.0-0037.00
$550K

Listing Agent (for property info)

D
Deborah L Tomczak
RE/MAX Elite
321-604-8479
Call Listing Agent

Estimated Monthly Payment

$3,923/mo
Principal & interest
$2,898
Property taxes
$550
Insurance & HOA
$475

Based on a 6.90% rate, 30-year loan, and $550K price — down payment shown: $110,000.

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# 1071725

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Equal Housing Opportunity

MLS# 1071725 · Listing Broker: RE/MAX Elite · 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.