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For SaleSingle Family Home
$599K
7196 Pena Lane, Melbourne, FL 32940
Heritage Isle neighborhood
Subdivision: Arrivas Village - Phase 2
3
Bedrooms
4
Bathrooms
2,102
Sq Ft
2017
Year Built
$285 /sqft

About This Property

Description from listing agent

Arrivas Village, one of Viera's most sought-after low maintenance communities. Situated on an oversized corner lot at the end of a quiet street. This home offers privacy, additional green space, natural light, and some of the best views available in the neighborhood. With a tile roof, whole-house Generac generator, and HOA-covered lawn care, irrigation, exterior painting, and community pool access, this is truly low-maintenance Florida living. A private, paved, and fenced courtyard welcomes you home. Inside you will notice plantation shutters throughout. The open-concept floor plan seamlessly connects the family room, dining area, and kitchen. The gourmet kitchen features quartz countertops, white cabinetry, subway tile backsplash, stainless steel appliances & gas range. The adjacent dining area and spacious living room provide plenty of room for everyday living and entertaining. The garage is a standout. Upgraded with epoxy-coated floors, custom storage cabinetry, a mini-split AC

Space Coast Context

🚀 Launch Viewing — Good Views

24.6 mi from SLC-40

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

Aerospace Commute Guide
Northrop9.7 mi~22 min
L3Harris11 mi~25 min
SpaceX20.2 mi~45 min
KSC20.3 mi~45 min
Blue Origin20.3 mi~45 min
Boeing/KSC20.4 mi~45 min
Lockheed20.5 mi~46 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
  • 6/20/26
    Listed
    $599K
    $285/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 4 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
8.9% above median
Median comparable close: $550,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
97.8% of list price
At that rate, a competitive offer ≈ $585,979
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 4 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
0.1 acres (4,356 sqft)
Full Baths
3
Half Baths
1
Garage
2 car (attached)
HOA Fee
$700/mo
Days on Market
1
MLS Area
217 - Viera West of I 95

Community & HOA

HOA

  • Name: Arrivas Village
  • Fee: $700 / quarterly

Schools

Elementary

Quest

Middle School

Viera

High School

Viera

Financial & Listing Details

Listed
Jun 20, 2026
Parcel #
26-36-09-52-0000s.0-0004.00
$599K

Listing Agent (for property info)

E
Eugene Crockett Jr.
EXP Realty, LLC
321-313-5217
Call Listing Agent

Estimated Monthly Payment

$4,605/mo
Principal & interest
$3,156
Property taxes
$599
Insurance & HOA
$850

Based on a 6.90% rate, 30-year loan, and $599K price — down payment shown: $119,800.

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# 1080593

Interested in this property?

Equal Housing Opportunity

MLS# 1080593 · Listing Broker: EXP Realty, 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.