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For SaleSingle Family Home
$135K
2847 Colbert Circle, Melbourne, FL 32901
University Park neighborhood
Subdivision: Gramling Park Subd
2
Bedrooms
1
Bathrooms
760
Sq Ft
1957
Year Built
$178 /sqft

About This Property

Description from listing agent

Make this 2 bed 1 bath home yours! This home has great bones and with some personalization your can make it just the way you want! Perfectly situated for privacy, this home boasts a fully fenced yard with no neighbors behind, creating a peaceful retreat. Conveniently located near shopping, dining, parks, and major roadways, this property provides easy access to downtown Melbourne, local beaches, and top employers, including aerospace and technology hubs. Whether you're a first-time buyer, growing household, or looking to invest in the Space Coast market, this home presents a wonderful opportunity to enjoy the best of Florida living.

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
L3Harris3.1 mi~7 min
Northrop4.5 mi~10 min
Blue Origin28.2 mi~1h 3m
Lockheed29.4 mi~1h 6m
SpaceX29.5 mi~1h 6m
Boeing/KSC31.4 mi~1h 10m
KSC32 mi~1h 11m

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
  • 1/19/26
    Listed
    $135K
    $178/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

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
0.14 acres (6,098 sqft)
Full Baths
1
Days on Market
155
MLS Area
330 - Melbourne - Central

Schools

Elementary

Meadowlane

Middle School

Stone

High School

Melbourne

Financial & Listing Details

Listed
Jan 19, 2026
Parcel #
28-37-11-28-0000a.0-0030.00
$135K

Listing Agent (for property info)

J
Justin Luke
Blue Marlin Real Estate
321-543-7246
Call Listing Agent

Estimated Monthly Payment

$996/mo
Principal & interest
$711
Property taxes
$135
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $135K price — down payment shown: $26,980.

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# 1066853

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Equal Housing Opportunity

MLS# 1066853 · Listing Broker: Blue Marlin 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.