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For SaleSingle Family Home
$380K
685 Naples Court, Melbourne, FL 32904
University Park neighborhood
Subdivision: Compass Pointe
3
Bedrooms
2
Bathrooms
1,936
Sq Ft
2000
Year Built
$196 /sqft

About This Property

Description from listing agent

Live the Florida lifestyle you've dreamed of in this Beautifully Maintained, Fully Furnished Waterfront home in the Gated 55+ Community of Compass Pointe! From the moment you step through the screened front entry, you'll appreciate the bright, airy feel created by vaulted ceilings, recessed lighting, Impact windows, and solar tube lighting. Luxury vinyl plank flooring flows throughout the living areas, while the well-appointed kitchen features granite countertops, tile backsplash, white cabinetry & appliances, plus an island that opens seamlessly to the family room. Enjoy peaceful water views in the enclosed sunroom w/ a mini-split A/C. The generous primary suite offers a large walk-in closet, dual sinks, soaking tub & walk-in shower. Roof 2016. Lawn care is included, leaving more time to enjoy resort-style amenities including a screened heated pool & spa, gym, putting green, bocce courts, clubhouse & a social calendar. Ideally located near shopping, dining, golf, healthcare & beaches!

Space Coast Context

🚀 Launch Viewing — Good Views

34.7 mi from SLC-40

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

Aerospace Commute Guide
L3Harris2.6 mi~6 min
Northrop4.6 mi~10 min
Blue Origin28.9 mi~1h 4m
SpaceX29.9 mi~1h 7m
Lockheed29.9 mi~1h 7m
Boeing/KSC31.4 mi~1h 10m
KSC31.8 mi~1h 11m

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

Based on 3 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
5.5% above median
Median comparable close: $360,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
98.5% of list price
At that rate, a competitive offer ≈ $374,014
Price Reductions
No reductions
Listed price has not changed since hitting the market
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
0.14 acres (6,098 sqft)
Full Baths
2
Garage
2 car (attached)
HOA Fee
$250/mo
Waterfront
Yes
Senior Community
Yes
Days on Market
49
MLS Area
331 - West Melbourne

Community & HOA

HOA

Schools

Elementary

Meadowlane

Middle School

Central

High School

Melbourne

Financial & Listing Details

Listed
Jun 5, 2026
Parcel #
28-37-08-26-00000.0-0077.00
$380K

Listing Agent (for property info)

M
Misty A Morrison
Misty Morrison Real Estate
321-288-0879
Call Listing Agent

Estimated Monthly Payment

$2,782/mo
Principal & interest
$2,002
Property taxes
$380
Insurance & HOA
$400

Based on a 6.90% rate, 30-year loan, and $380K price — down payment shown: $75,980.

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# 1079147

Interested in this property?

Equal Housing Opportunity

MLS# 1079147 · Listing Broker: Misty Morrison Real Estate · 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.