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For SaleSingle Family Home
$598K
968 Shaw Circle, Melbourne, FL 32940
Viera neighborhood
Subdivision: Magnolia Springs Phase 2
4
Bedrooms
3
Bathrooms
2,390
Sq Ft
2000
Year Built
$250 /sqft

About This Property

Description from listing agent

This gorgeous completely renovated 2025 two-story home is like brand new construction featuring all new contemporary finishes and mechanical upgrades. Open floor plan with a great room and living room open to kitchen lends all the modernity for today's living. As you go upstairs you will be enlightened with an extra bonus area, perfect for a children's play/work area. Super large Primary suite and good size bedrooms. Enjoy entertaining in this dreamy lakefront backyard featuring a pool and spa. - your private paradise! The screen enclosed pool will provide shade and relaxation during those hot summer months! New 160 MPH 30-year shingle roof, paint, front impact doors and windows. AC systems and many more... Great amenities for the entire family in the community features Clubhouse, 2 Pools, Tennis, playground, gym & shuffleboard.

Space Coast Context

🚀 Launch Viewing — Good Views

22.8 mi from SLC-40

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

Aerospace Commute Guide
Northrop9.3 mi~21 min
L3Harris10.9 mi~24 min
Blue Origin18.1 mi~40 min
SpaceX18.3 mi~41 min
Lockheed18.5 mi~41 min
Boeing/KSC18.9 mi~42 min
KSC19.1 mi~43 min

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
  • 9/29/25
    Listed
    $598K
    $250/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 5 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
8.0% below market
Median comparable close price: $650,000
Typical Offer Discount
95.8% of list price
At that rate, a competitive offer ≈ $573,079
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 5 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
0.19 acres (8,276 sqft)
Full Baths
2
Half Baths
1
Garage
2 car (attached)
HOA Fee
$170/mo
Waterfront
Yes
Pool
Yes
Days on Market
279
MLS Area
216 - Viera/Suntree N of Wickham

Community & HOA

HOA

  • Name: SOSPA
  • Fee: $170 / quarterly

Schools

Elementary

Quest

Middle School

Kennedy

High School

Viera

Financial & Listing Details

Listed
Oct 2, 2025
Parcel #
26-36-02-76-00000.0-0098.00
$598K

Listing Agent (for property info)

J
Joanie Shepherd
Prominent Properties of FL,LLC
321-243-5688
Call Listing Agent

Estimated Monthly Payment

$4,069/mo
Principal & interest
$3,151
Property taxes
$598
Insurance & HOA
$320

Based on a 6.90% rate, 30-year loan, and $598K price — down payment shown: $119,600.

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# 1058330

Interested in this property?

Equal Housing Opportunity

MLS# 1058330 · Listing Broker: Prominent Properties of FL,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.