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For SaleSingle Family Home
$380K
517 Linda Lane, Melbourne, FL 32935
Lake Washington neighborhood
Subdivision: Griffies Subdivision No 2
3
Bedrooms
2
Bathrooms
1,436
Sq Ft
1980
Year Built
$265 /sqft

About This Property

Description from listing agent

Virtually Staged. NO HOA! Welcome to this inviting lakefront home offering peaceful water views, lush landscaping, and valuable recent improvements. The open-concept kitchen, dining, and living areas create a bright, comfortable space for everyday living and entertaining. A desirable split-bedroom floor plan provides privacy, with the primary suite separated from the two additional bedrooms. The versatile bonus room off the garage is perfect for a family room, home office, gym, hobby room, or additional living space. Enjoy Florida living from the expansive back lanai extending the length of the home and overlooking the lake--ideal for morning coffee, outdoor dining, entertaining, or simply relaxing and enjoying the view. Major improvements include a roof approximately four years old, A/C replaced in 2023, electrical rewiring and panel completed in 2023, and a new RainSoft water filtration system. A wonderful combination of lakefront living, functionality, updates, and NO HOA!

Space Coast Context

🚀 Launch Viewing — Good Views

29.6 mi from SLC-40

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

Aerospace Commute Guide
Northrop2.1 mi~5 min
L3Harris3.1 mi~7 min
Blue Origin24.1 mi~54 min
SpaceX24.9 mi~55 min
Lockheed24.9 mi~55 min
Boeing/KSC26.3 mi~59 min
KSC26.6 mi~59 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
  • 8/11/26
    Listed
    $380K
    $265/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 6 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
8.5% above median
Median comparable close: $350,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
97.9% of list price
At that rate, a competitive offer ≈ $371,969
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 6 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
0.23 acres (10,019 sqft)
Full Baths
2
Total Rooms
6
Garage
1 car (attached)
Fireplaces
1
Pool
Yes
Days on Market
1
MLS Area
330 - Melbourne - Central

Schools

Elementary

Croton

Middle School

Johnson

Financial & Listing Details

Listed
Aug 28, 2026
Parcel #
27-37-18-05-00000.0-0030.00
$380K

Listing Agent (for property info)

A
Abranette Lopez
LPT Realty, LLC
773-858-1141
Call Listing Agent

Estimated Monthly Payment

$2,532/mo
Principal & interest
$2,002
Property taxes
$380
Insurance
$150

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# 1086167

What's Nearby

restaurants
Su Preferido
0.3 mi away
schools
Johnson Middle School
0.4 mi away
fire stations
Melbourne Fire Department Station 6
0.6 mi away
fire stations
Eau Gallie Fire / Rescue Station 66
0.6 mi away
schools
Croton Elementary School
0.7 mi away
schools
South Alternative Learning Center
0.8 mi away
vets
Animal Emergency and Critical Care Center of Brevard
0.8 mi away
restaurants
Popeyes
0.8 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1086167 · Listing Broker: LPT 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.