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For SaleTownhouse
$415K
7983 Loren Cove Drive, Melbourne, FL 32940
Viera neighborhood
Subdivision: Loren Cove
3
Bedrooms
2
Bathrooms
1,647
Sq Ft
2019
Year Built
$252 /sqft

About This Property

Description from listing agent

Enjoy the carefree lifestyle in this beautifully upgraded end-unit home in desirable Loren Cove! This stunning residence features wood-look tile throughout the main living areas, upgraded kitchen cabinetry with crown molding, granite countertops, and stainless steel appliances. The spacious owner's suite offers a spa-like bath with soaking tub, separate shower, double vanities, and a huge walk-in closet. Relax year-round on the extended screened patio overlooking a peaceful setting. Additional upgrades include pull-down attic stairs, garage utility sink, and antenna wiring for optional cable-free TV. Residents enjoy access to the neighborhood clubhouse with fitness room and party space, plus the Addison Village Clubhouse, resort-style pool, and more! HOA covers insurance, lawn care, irrigation, roof maintenance, exterior painting every 7 years, and additional exterior upkeep for true low-maintenance living. Conveniently located near the new Publix, shopping, dining, & easy I-95 access.

Space Coast Context

🚀 Launch Viewing — Good Views

25.4 mi from SLC-40

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

Aerospace Commute Guide
Northrop9.2 mi~21 min
L3Harris10.4 mi~23 min
SpaceX21 mi~47 min
Blue Origin21 mi~47 min
KSC21.2 mi~47 min
Boeing/KSC21.2 mi~47 min
Lockheed21.2 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
  • 7/9/26
    Price change
    $415K -2.4%
    $252/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
3.8% above median
Median comparable close: $400,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
95.2% of list price
At that rate, a competitive offer ≈ $395,228
Price Reductions
1 reduction
Originally listed at $415,000 · Cut $10,000 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
0.12 acres (5,227 sqft)
Full Baths
2
Garage
2 car (attached)
HOA Fee
$433/mo
Days on Market
51
MLS Area
217 - Viera West of I 95

Community & HOA

HOA

Schools

Elementary

Quest

Middle School

DeLaura

High School

Viera

Financial & Listing Details

Listed
May 22, 2026
Parcel #
26-36-16-28-0000e.0-0040.00
$415K

Listing Agent (for property info)

K
Kerry Ramage
RE/MAX Elite
321-863-2746
Call Listing Agent

Estimated Monthly Payment

$3,185/mo
Principal & interest
$2,187
Property taxes
$415
Insurance & HOA
$583

Based on a 6.90% rate, 30-year loan, and $415K price — down payment shown: $83,000.

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# 1078100

Interested in this property?

Equal Housing Opportunity

MLS# 1078100 · 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.