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For SaleLand / Lot
$489K
3900 Miami Avenue, Melbourne, FL 32904
West Melbourne neighborhood
Subdivision: No Subdivision
0
Bathrooms

About This Property

Description from listing agent

Horse lovers, this is your dream property! Build your custom home on this picturesque 2.5-acre estate, complete with a 6-stall barn and ample space for your equestrian needs. The barn features continuous water flow to every stall, full electrical throughout, and a loft for hay storage, equipped with a winch for easy material lifting. An artesian well, approximately 230 feet deep, ensures reliable water pressure for your horses, even during power outages. The property is enclosed by three-rail white PVC fencing, and the barn is topped with a low-maintenance aluminum roof. Plus, plumbing and electrical systems were updated in 2016, ensuring modern efficiency. This is the perfect blend of functionality and convenience for any horse enthusiast.

Space Coast Context

🚀 Launch Viewing — Good Views

34.3 mi from SLC-40

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

Aerospace Commute Guide
L3Harris3.7 mi~8 min
Northrop5.2 mi~12 min
Blue Origin28.8 mi~1h 4m
SpaceX29.5 mi~1h 6m
Lockheed29.6 mi~1h 6m
Boeing/KSC30.7 mi~1h 8m
KSC31 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.

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
2.51 acres (109,336 sqft)
Days on Market
565
MLS Area
331 - West Melbourne

Schools

Elementary

Meadowlane

Middle School

Central

High School

Melbourne

Financial & Listing Details

Listed
Feb 8, 2025
Parcel #
28-36-02-00-00761.0-0000.00
$489K

Listing Agent (for property info)

S
Selene Sedeno
Tailored Investment Group,Inc.
407-406-3867
Call Listing Agent

Estimated Monthly Payment

$3,215/mo
Principal & interest
$2,576
Property taxes
$489
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $489K price — down payment shown: $97,800.

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# 1036721

What's Nearby

restaurants
Zaxby's
0.5 mi away
movie theaters
Cinema World West Melbourne 16
0.6 mi away
shopping
Circle K
0.7 mi away
shopping
Cumberland Farms
0.7 mi away
restaurants
Dunkin'
0.8 mi away
home improvement
Lowe's
0.9 mi away
shopping
Wawa
0.9 mi away
grocery
Winn-Dixie
0.9 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1036721 · Listing Broker: Tailored Investment Group,Inc. · 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.