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For SaleSingle Family Home
$325K
632 Teak Drive, Melbourne, FL 32935
Bowe Gardens neighborhood
Subdivision: Greentree Park Subd
3
Bedrooms
2
Bathrooms
1,170
Sq Ft
1970
Year Built
$278 /sqft

About This Property

Description from listing agent

FULLY RENOVATED 3 BEDROOM, 2 BATH POOL HOME in one of Melbourne's most convenient locations! Just a 5 MILE DRIVE TO THE BEACH and close to shopping, restaurants, parks, and major highways for an easy commute. Major updates completed within the last 2 years include a METAL ROOF, BRAND NEW ELECTRICAL PANEL, RESURFACED POOL, BRAND-NEW WATER HEATER, ENERGY-EFFICIENT SPLIT-SYSTEM HVAC, and a NEW DOUBLE-WIDE PAVED DRIVEWAY. The COMPLETELY REMODELED KITCHEN features QUARTZ COUNTERTOPS, STAINLESS STEEL APPLIANCES, a GAS RANGE, and an EXTERIOR-VENTED RANGE HOOD. Both bathrooms have been COMPLETELY UPDATED with modern finishes. Move-in ready and designed for both comfort and entertaining, this home offers the perfect blend of LOCATION, STYLE, and VALUE. Don't miss your opportunity to own this beautifully updated Melbourne pool home--SCHEDULE YOUR SHOWING TODAY!

Space Coast Context

🚀 Launch Viewing — Good Views

31 mi from SLC-40

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

Aerospace Commute Guide
Northrop1.2 mi~3 min
L3Harris1.3 mi~3 min
Blue Origin25.3 mi~56 min
SpaceX26.2 mi~58 min
Lockheed26.3 mi~59 min
Boeing/KSC27.8 mi~1h 2m
KSC28.2 mi~1h 3m

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
  • 6/16/26
    Listed
    $325K
    $278/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 6 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
7.1% below market
Median comparable close price: $350,000
Typical Offer Discount
98.3% of list price
At that rate, a competitive offer ≈ $319,339
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 6 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
0.17 acres (7,405 sqft)
Full Baths
2
Pool
Yes
Days on Market
6
MLS Area
330 - Melbourne - Central

Schools

Elementary

Harbor City

Middle School

Hoover

Financial & Listing Details

Listed
Jun 23, 2026
Parcel #
27-37-20-76-0000d.0-0001.00
$325K

Listing Agent (for property info)

C
Christopher Anderson
Crane Creek Realty LLC
321-525-0928
Call Listing Agent

Estimated Monthly Payment

$2,187/mo
Principal & interest
$1,712
Property taxes
$325
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $325K price — down payment shown: $65,000.

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# 1080221

Interested in this property?

Equal Housing Opportunity

MLS# 1080221 · Listing Broker: Crane Creek Realty 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.