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For SaleSingle Family Home
$305K
2340 Iowa Drive, Melbourne, FL 32935
Lake Washington neighborhood
Subdivision: Cresthaven Homes Sec 1
3
Bedrooms
2
Bathrooms
1,567
Sq Ft
1961
Year Built
$195 /sqft

About This Property

Description from listing agent

Fully remodeled 3-bedroom, 2-bath home with 1,567 sq. ft. in a quiet Melbourne neighborhood just 10 minutes from the beach! Enjoy the modern upgrades throughout, including a brand-new kitchen with cabinets, countertops, appliances, and fixtures, plus fully renovated bathrooms and stylish vinyl flooring. The open-concept layout connects the living, dining, and kitchen areas, creating an inviting space for everyday living or entertaining. Outside, you'll find a covered carport, extra driveway parking, fenced yard with green space, and a storage shed. With no HOA, you'll enjoy extra flexibility and lower monthly costs. Conveniently located near Downtown Melbourne, Eau Gallie, shopping, dining, and the Intracoastal—this move-in-ready home is waiting for its new owners!

Space Coast Context

🚀 Launch Viewing — Good Views

30.9 mi from SLC-40

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

Aerospace Commute Guide
L3Harris2.1 mi~5 min
Northrop2.1 mi~5 min
Blue Origin25.4 mi~57 min
SpaceX26.2 mi~58 min
Lockheed26.2 mi~58 min
Boeing/KSC27.6 mi~1h 2m
KSC27.9 mi~1h 2m

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.

Offer Intelligence

Based on 6 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
11.3% above median
Median comparable close: $274,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
96.5% of list price
At that rate, a competitive offer ≈ $294,244
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
0.19 acres (8,276 sqft)
Full Baths
2
Total Rooms
7
Days on Market
90
MLS Area
323 - Eau Gallie

Schools

Elementary

Roy Allen

Middle School

Central

High School

Eau Gallie

Financial & Listing Details

Listed
Apr 18, 2026
Parcel #
27 3719-75-D-1
$305K

Listing Agent (for property info)

A
Ana Leticia Alve Dos Santos
LoKation
310-779-4676
Call Listing Agent

Estimated Monthly Payment

$2,062/mo
Principal & interest
$1,607
Property taxes
$305
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $305K price — down payment shown: $61,000.

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# 1056660

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Equal Housing Opportunity

MLS# 1056660 · Listing Broker: LoKation · 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.