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For SaleSingle Family Home
$220K
3866 Town Square Boulevard #13, Melbourne, FL 32901
South Melbourne neighborhood
Subdivision: Magnolia Village II
2
Bedrooms
2
Bathrooms
1,120
Sq Ft
1994
Year Built
$196 /sqft

About This Property

Description from listing agent

Discover charming cottage living in this delightful 2-bedroom, 2-bath, one-story home, perfectly designed for comfort & convenience. A welcoming front porch sets the tone, while a spacious rear porch offers the ideal spot to unwind. Inside, enjoy newer stainless steel appliances and easy-care flooring throughout the main living areas. New roof in 2023. A one-car garage adds practicality and extra storage. Situated in an incredibly convenient location close to shopping, schools, Florida Institute of Technology, medical, major employers and more. You're less than 10 minutes to the Indian River and beaches of the Atlantic. Quick access to I-95 makes daily life and weekend adventures a breeze. This inviting cottage blends charm, efficiency and an unbeatable Melbourne-area location - perfect for a first home, seasonal retreat or downsizing. Low maintenance combined with extremely low HOA fees make this an easy choice. Sellers offering $2500 flooring allowance with acceptable offer.

Space Coast Context

🚀 Launch Viewing — Fair Views

35.4 mi from SLC-40

35.4 miles from SLC-40 — visible as a bright streak in good conditions.

Aerospace Commute Guide
L3Harris3.3 mi~7 min
Northrop5.2 mi~12 min
Blue Origin29.5 mi~1h 6m
SpaceX30.6 mi~1h 8m
Lockheed30.6 mi~1h 8m
Boeing/KSC32.4 mi~1h 12m
KSC32.8 mi~1h 13m

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
  • 12/5/25
    Listed
    $220K
    $196/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

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
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
0.24 acres (10,454 sqft)
Full Baths
2
Garage
1 car (attached)
HOA Fee
$126/mo
Days on Market
117
MLS Area
330 - Melbourne - Central

Community & HOA

HOA

  • Name: Magnolia Village
  • Fee: $126 / quarterly

Schools

Elementary

University Park

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Feb 28, 2026
Parcel #
28-37-16-00-00023.A-0000.00
$220K

Listing Agent (for property info)

S
Stacey Buchanan
Melbourne Realty, Inc.
321-508-5224
Call Listing Agent

Estimated Monthly Payment

$1,655/mo
Principal & interest
$1,159
Property taxes
$220
Insurance & HOA
$276

Based on a 6.90% rate, 30-year loan, and $220K price — down payment shown: $43,980.

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# 1063714

Interested in this property?

Equal Housing Opportunity

MLS# 1063714 · Listing Broker: Melbourne Realty, Inc. · 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.