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For SaleSingle Family Home
$545K
1566 Grand Isle Boulevard, Melbourne, FL 32940
Viera neighborhood
Subdivision: Grand Isle Phase 2 Viera N PUD Parcel U X
3
Bedrooms
2
Bathrooms
2,178
Sq Ft
2004
Year Built
$250 /sqft

About This Property

Description from listing agent

PRIVATE POOL RETREAT IN HIGHLY DESIRABLE VIERA EAST! Meticulously maintained 3/2 w/ Flex room home on a .33 acre lot, 3-car garage, with lush landscaping inside of Grand Isle Community offering something increasingly hard to find-PRIVACY! Open floor plan with vaulted ceilings, hurricane shutters, new LVP flooring, fresh interior paint, and flawless tile for the wet areas. Major updates include a 2022 A/C, 2018 roof and Cat 5 rated electric screens for the lanai. Step outside into your private saltwater pool with solar heat system, newly coated pool deck, and large lanai that is perfect for entertaining. Located east of I-95 in Viera, near dining, shopping, recreation, golf courses, and 15 minutes to the beaches. Pool, privacy, 3-Car garage and location-this one checks the boxes! This premier gated, 55-PLUS community features clubhouse, pool/spa, pickleball/tennis courts, park, walking and biking paths, and full-time management. HOA includes low fees, mowing, irrigation, and more!

Space Coast Context

🚀 Launch Viewing — Good Views

22.6 mi from SLC-40

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

Aerospace Commute Guide
Northrop10.4 mi~23 min
L3Harris12 mi~27 min
SpaceX18.2 mi~41 min
Blue Origin18.3 mi~41 min
KSC18.5 mi~41 min
Boeing/KSC18.5 mi~41 min
Lockheed18.5 mi~41 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
  • 8/20/26
    Listed
    $545K
    $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 12 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
17.2% above median
Median comparable close: $465,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
95.6% of list price
At that rate, a competitive offer ≈ $520,830
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 12 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
0.33 acres (14,375 sqft)
Full Baths
2
Garage
3 car (attached)
HOA Fee
$336/mo
Pool
Yes
Senior Community
Yes
Days on Market
5
MLS Area
216 - Viera/Suntree N of Wickham

Community & HOA

HOA

  • Name: Grand Isle Community Association
  • Fee: $336 / monthly

Schools

Elementary

Quest

Middle School

Kennedy

High School

Viera

Financial & Listing Details

Listed
Aug 21, 2026
Parcel #
26-36-03-So-0000g.0-0017.00
$545K

Listing Agent (for property info)

M
Mitchel Craig Robertson
Watson Realty Corp
218-780-1990
Call Listing Agent

Estimated Monthly Payment

$3,902/mo
Principal & interest
$2,871
Property taxes
$545
Insurance & HOA
$486

Based on a 6.90% rate, 30-year loan, and $545K price — down payment shown: $109,000.

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# 1085545

What's Nearby

gas stations
7-Eleven
0.6 mi away
government
Mailman Joey's
0.7 mi away
grocery
Whole Foods Market
0.7 mi away
restaurants
Long Dogger's
0.7 mi away
grocery
Winn-Dixie
0.8 mi away
home improvement
The Home Depot
0.8 mi away
restaurants
Panda Express
0.8 mi away
parks
Kerry Park Swings
0.9 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1085545 · Listing Broker: Watson Realty Corp · 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.