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For SaleSingle Family Home
$480K
466 Carmel Drive, Melbourne, FL 32940
Duran Golf Community neighborhood
Subdivision: Mission Lake Villas Unit 1
3
Bedrooms
3
Bathrooms
2,132
Sq Ft
1995
Year Built
$225 /sqft

About This Property

Description from listing agent

Come & enjoy Mission Lake Villas @ 466 Carmel Dr. One of Suntrees most desirable neighborhoods. Sitting on a serene lake front lot, this block home features 3 bedrooms, 3 full bathrooms, 2 car garage, & courtyard w/ a sparkling heated pool. A unique floor plan, the main home consists of a huge master bedroom & bath along with a generous 2nd bedroom. Across the courtyard is private, the 3rd bedroom, office, or guest suite w/ a full bathroom. Best of all a brand new CLAY TILE ROOF, just completed. A/C 2023, new LVT plank flooring in (2) bedrooms, tile in the rest of the home, NO carpet, fresh new interior paint. New screening in entire pool area. Kitchen has stainless steel appliances w/ granite countertops. Tons of natural light w/ 10 ft ceilings throughout. Extra large laundry room w/ sink. HOA covers exterior painting, roof cleaning, & lawn maintenance.

Space Coast Context

🚀 Launch Viewing — Good Views

23.8 mi from SLC-40

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

Aerospace Commute Guide
Northrop8.1 mi~18 min
L3Harris9.7 mi~22 min
Blue Origin19 mi~42 min
SpaceX19.2 mi~43 min
Lockheed19.4 mi~43 min
Boeing/KSC20 mi~45 min
KSC20.2 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
  • 11/3/25
    Listed
    $480K
    $225/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 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
9.7% above median
Median comparable close: $437,500 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
87.7% of list price
At that rate, a competitive offer ≈ $420,754
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 1 comparable sale 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
0.23 acres (10,019 sqft)
Full Baths
3
Garage
2 car
HOA Fee
$150/mo
Waterfront
Yes
Pool
Yes
Days on Market
228
MLS Area
218 - Suntree S of Wickham

Community & HOA

HOA

  • Name: Mission Lakes Villas HOA
  • Fee: $150 / monthly

Schools

Elementary

Suntree

Middle School

DeLaura

High School

Viera

Financial & Listing Details

Listed
Nov 7, 2025
Parcel #
26-36-11-77-00000.0-0062.00
$480K

Listing Agent (for property info)

K
Kevin S Belew
Real Broker, LLC
321-258-0625
Call Listing Agent

Estimated Monthly Payment

$3,308/mo
Principal & interest
$2,528
Property taxes
$480
Insurance & HOA
$300

Based on a 6.90% rate, 30-year loan, and $480K price — down payment shown: $95,980.

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# 1061165

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Equal Housing Opportunity

MLS# 1061165 · Listing Broker: Real Broker, LLC · 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.