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For SaleTownhouse
$359K
1120 Royal Fern Drive, Melbourne, FL 32940
Duran Golf Community neighborhood
Subdivision: Magnolia Pointe Unit 1
3
Bedrooms
3
Bathrooms
2,088
Sq Ft
2000
Year Built
$172 /sqft

About This Property

Description from listing agent

This 3-bedroom (possible 4 bedroom), 3-bath townhome is situated on a waterfront lot in beautiful Magnolia Pointe, a gated and low-maintenance community! The main floor has an open floor plan, soaring ceilings and consists of two bedrooms (including the primary suite) and two baths, kitchen with new stove, microwave/convection oven and dishwasher, dining room, great room and a tiled and screened porch which looks over the waterfront providing peaceful vistas. Upstairs is perfect for guests or family members and includes a bedroom, bath and large loft, which can be used as a 4th bedroom, office, exercise room, game room ... views of the waterfront can be seen from the loft area. A total of 2,088 sq. ft. under air! In addition, an indoor laundry room (washer and dryer included) lead to the two-car garage. The $375 per month fee includes: exterior painting, roof repairs/replacement, lawn service, irrigation, exterior insurance, reserve funds and more. Near shops and restaurants.

Space Coast Context

🚀 Launch Viewing — Good Views

23.7 mi from SLC-40

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

Aerospace Commute Guide
Northrop8.5 mi~19 min
L3Harris10 mi~22 min
Blue Origin19 mi~42 min
SpaceX19.2 mi~43 min
Lockheed19.4 mi~43 min
Boeing/KSC19.9 mi~44 min
KSC20 mi~45 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
  • 1/17/26
    Listed
    $359K
    $172/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
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, 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
0.08 acres (3,485 sqft)
Full Baths
3
Garage
2 car (attached)
HOA Fee
$375/mo
Waterfront
Yes
Days on Market
147
MLS Area
216 - Viera/Suntree N of Wickham

Community & HOA

HOA

  • Name: Magnolia Pointe HOA
  • Fee: $375 / monthly

Schools

Elementary

Suntree

Middle School

DeLaura

High School

Viera

Financial & Listing Details

Listed
Jan 28, 2026
Parcel #
26-36-11-80-00000.0-0013.00
$359K

Listing Agent (for property info)

G
Gregory Ellingson
Ellingson Properties
321-750-7050
Call Listing Agent

Estimated Monthly Payment

$2,775/mo
Principal & interest
$1,891
Property taxes
$359
Insurance & HOA
$525

Based on a 6.90% rate, 30-year loan, and $359K price — down payment shown: $71,800.

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# 1066855

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Equal Housing Opportunity

MLS# 1066855 · Listing Broker: Ellingson Properties · 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.