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For SaleSingle Family Home
$449K
1080 Park Ridge Place, Melbourne, FL 32940
Suntree neighborhood
Subdivision: Park Meadow W at Suntree
3
Bedrooms
2
Bathrooms
1,842
Sq Ft
1980
Year Built
$244 /sqft

About This Property

Description from listing agent

Owner Financing available 6% Interest Only 2-3 Balloon ...Step into your dream lakefront home located in the heart of the Suntree Country Club community of Park Meadow West. This beautifully renovated 3-bedroom, 2-bathroom oasis offers the perfect blend of recent updates and serene natural beauty. With a brand-new roof and water heater and so much more worry-free living is yours to enjoy. As you approach the front entrance a welcoming front porch invites you in. Inside, the open-concept living space boasts abundant natural light, creating an inviting atmosphere. The recently remodeled kitchen features sleek countertops, stainless steel appliances, and ample cabinet space, making it a chef's delight. Gather in the spacious living room made for entertainment. From here, step onto the screened lanai to savor morning coffee or evening

Space Coast Context

🚀 Launch Viewing — Good Views

24.4 mi from SLC-40

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

Aerospace Commute Guide
Northrop7.8 mi~17 min
L3Harris9.3 mi~21 min
Blue Origin19.6 mi~44 min
SpaceX19.8 mi~44 min
Lockheed20 mi~45 min
Boeing/KSC20.6 mi~46 min
KSC20.8 mi~46 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
  • 6/27/26
    Price change
    $449K -2.4%
    $244/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 3 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
At market value
Median comparable close price: $437,000
Typical Offer Discount
96.3% of list price
At that rate, a competitive offer ≈ $432,388
Price Reductions
1 reduction
Originally listed at $449,000 · Cut $11,000 total
See & adjust the 3 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
0.32 acres (13,939 sqft)
Full Baths
2
Garage
2 car (attached)
HOA Fee
$247/mo
Waterfront
Yes
Days on Market
84
MLS Area
218 - Suntree S of Wickham

Community & HOA

HOA

Schools

Elementary

Suntree

Middle School

DeLaura

High School

Viera

Financial & Listing Details

Listed
May 2, 2026
Parcel #
26-36-14-01-00000.0-0008.00
$449K

Listing Agent (for property info)

J
Jack C Jeffcoat III
Ellingson Properties
321-536-1461
Call Listing Agent

Estimated Monthly Payment

$3,212/mo
Principal & interest
$2,366
Property taxes
$449
Insurance & HOA
$397

Based on a 6.90% rate, 30-year loan, and $449K price — down payment shown: $89,800.

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# 1074438

Interested in this property?

Equal Housing Opportunity

MLS# 1074438 · Listing Broker: Ellingson Properties · 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.