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For SaleManufactured Home
$100K
550 Ruth Circle, Melbourne, FL 32904
University Park neighborhood
Subdivision: Hollywood Estates
2
Bedrooms
2
Bathrooms
1,012
Sq Ft
1979
Year Built
$99 /sqft

About This Property

Description from listing agent

Fixer-Upper/Investor Special!! 2‑bedroom, 2‑bath manufactured home, nestled on a fully owned lot within the well-appointed 55+ community of Hollywood Estates. Built in 1979, this stylish residence offers the rare advantage of owning both the home and land—no lot rent required, just a modest $125 monthly HOA fee covering community grounds, clubhouse, and refreshed pool access. The layout includes a welcoming enclosed front sun porch, expansive side porch, and a covered rear porch—ideal for relaxing or entertaining with a backdrop of lush landscaping and hedges for added privacy. The home boasts practical features tailored for Florida living: hurricane straps, clam shell window covers, a sprinkler system, and ample storage space. A covered carport keeps your vehicle shaded and protected from the sun. Located just 6 miles from the beach, and minutes from shopping, dining, and medical services—even within an hour of Orlando—this is coastal living made attainable!

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
L3Harris2.3 mi~5 min
Northrop4.3 mi~10 min
Blue Origin28.6 mi~1h 4m
SpaceX29.6 mi~1h 6m
Lockheed29.6 mi~1h 6m
Boeing/KSC31.1 mi~1h 9m
KSC31.5 mi~1h 10m

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
  • 7/30/25
    Listed
    $100K
    $99/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 2 comparable sales in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
66.5% above median
Median comparable close: $60,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
84.0% of list price
At that rate, a competitive offer ≈ $83,928
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 2 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
0.12 acres (5,227 sqft)
Full Baths
2
HOA Fee
$25/mo
Senior Community
Yes
Days on Market
268
MLS Area
331 - West Melbourne

Community & HOA

HOA

Schools

Elementary

Meadowlane

Middle School

Central

High School

Melbourne

Financial & Listing Details

Listed
Oct 14, 2025
Parcel #
28-37-08-05-0000c.0-0044.00
$100K

Listing Agent (for property info)

H
Heather Tellone
NextHome Sunrise Realty
321-258-0765
Call Listing Agent

Estimated Monthly Payment

$801/mo
Principal & interest
$526
Property taxes
$100
Insurance & HOA
$175

Based on a 6.90% rate, 30-year loan, and $100K price — down payment shown: $19,980.

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# 1053325

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Equal Housing Opportunity

MLS# 1053325 · Listing Broker: NextHome Sunrise 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.