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For SaleTownhouse
$540K
719 Lanai Circle, Melbourne, FL 32937
Indian Harbour Beach neighborhood
Subdivision: Island Walk Townhomes Condo Ph I
3
Bedrooms
3
Bathrooms
2,342
Sq Ft
2020
Year Built
$231 /sqft

About This Property

Description from listing agent

Welcome to Beachside Modern Luxury! This rare, LIKE-NEW coastal retreat is nestled within the exclusive gated boutique community of Island Walk, just minutes from the beach. This spacious corner townhome showcases nearly $100K in upgrades, offering the perfect blend of elegance, comfort, and low-maintenance living in one of the area's most charming and private communities. This home features 3 bedrooms, 2.5 baths, and nearly 2,400 square feet of living space with a highly desirable floor plan designed for comfort, luxury, and functionality. From the moment you arrive, the paver driveway, tile roof, and charming curb appeal set the tone for what's inside. The home is loaded with upgrades, including wood-look tile plank flooring, 10-foot ceilings, 8-foot doors, tall baseboards, plantation shutters, custom closets, custom pantry storage, and crown molding details. With an open floor plan, the kitchen and living areas flow seamlessly together. The kitchen features beautifully designed

Space Coast Context

🚀 Launch Viewing — Good Views

29.3 mi from SLC-40

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

Aerospace Commute Guide
Northrop2.3 mi~5 min
L3Harris3.8 mi~8 min
Blue Origin23.2 mi~52 min
SpaceX24.5 mi~55 min
Lockheed24.5 mi~55 min
Boeing/KSC26.6 mi~59 min
KSC27.3 mi~1h 1m

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
  • 5/18/26
    Listed
    $540K
    $231/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 7 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
35.0% above median
Median comparable close: $400,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
97.9% of list price
At that rate, a competitive offer ≈ $528,884
Price Reductions
No reductions
Listed price has not changed since hitting the market

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
0.17 acres (7,405 sqft)
Full Baths
2
Half Baths
1
Garage
2 car (attached)
HOA Fee
$675/mo
Days on Market
6
MLS Area
383 - N Indialantic

Community & HOA

HOA

  • Name: Island Walk - Michael Thelander
  • Fee: $675 / monthly

Schools

Elementary

Indialantic

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Jun 11, 2026
Parcel #
27-37-14-03-00000.0-000g.19
$540K

Listing Agent (for property info)

C
Cartama Ramos Crafton
Denovo Realty
321-704-3925
Call Listing Agent

Estimated Monthly Payment

$4,210/mo
Principal & interest
$2,845
Property taxes
$540
Insurance & HOA
$825

Based on a 6.90% rate, 30-year loan, and $540K price — down payment shown: $108,000.

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# 1079706

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Equal Housing Opportunity

MLS# 1079706 · Listing Broker: Denovo Realty · 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.