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For SaleSingle Family Home
$300K
365 Cypress Point Drive, Melbourne, FL 32940
Suntree neighborhood
Subdivision: Lake Pointe Suntree PUD Stage 10 Tract 6
2
Bedrooms
2
Bathrooms
1,177
Sq Ft
1985
Year Built
$255 /sqft

About This Property

Description from listing agent

Beautifully Updated Lake Pointe Home in Suntree! Discover easy Florida living in this charming 2-bedroom, 2-bath, well-maintained residence featuring a private courtyard and screened-in lanai, creating the perfect spaces for morning coffee, entertaining, or simply relaxing outdoors. Inside, the home has been thoughtfully updated with a newer kitchen and bathrooms, newer appliances, fresh interior paint, luxury vinyl flooring, updated lighting and ceiling fans throughout. The roof was replaced in 2020, providing added peace of mind. The open and comfortable floor plan offers inviting living spaces and plenty of natural light. Enjoy a low-maintenance lifestyle with a well-maintained, affordable HOA that includes lawn maintenance & access to the community pool. Located close to shopping, restaurants & I-95, this home offers an ideal combination of comfort, convenience, & Florida Lifestyle. Call today!

Space Coast Context

🚀 Launch Viewing — Good Views

23.4 mi from SLC-40

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

Aerospace Commute Guide
Northrop8.2 mi~18 min
L3Harris9.9 mi~22 min
Blue Origin18.5 mi~41 min
SpaceX18.8 mi~42 min
Lockheed18.9 mi~42 min
Boeing/KSC19.6 mi~44 min
KSC19.9 mi~44 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
  • 9/25/26
    Listed
    $300K
    $255/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 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
5.2% above median
Median comparable close: $285,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
93.4% of list price
At that rate, a competitive offer ≈ $280,234
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 1 comparable sale 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
0.13 acres (5,663 sqft)
Full Baths
2
Garage
1 car (attached)
HOA Fee
$105/mo
Days on Market
16
MLS Area
216 - Viera/Suntree N of Wickham

Community & HOA

HOA

  • Name: Lake Pointe
  • Fee: $105 / monthly

Schools

Elementary

Suntree

Middle School

DeLaura

High School

Viera

Financial & Listing Details

Listed
Sep 25, 2026
Parcel #
26-36-12-54-00003.0-0002.00
$300K

Listing Agent (for property info)

P
Paul Matchett
J. Edwards Real Estate
321-960-9636
Call Listing Agent

Estimated Monthly Payment

$2,135/mo
Principal & interest
$1,580
Property taxes
$300
Insurance & HOA
$255

Based on a 6.90% rate, 30-year loan, and $300K price — down payment shown: $59,980.

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# 1088542

What's Nearby

restaurants
Dunkin'
0.6 mi away
vets
Suntree Animal Clinic
0.7 mi away
vets
Suntree Animal Clinic Boarding Kennel
0.7 mi away
parks
Rotary Park Playground
0.8 mi away
fire stations
Suntree - Viera Fire / Rescue Station 80
0.8 mi away
fire stations
Suntree - Viera Fire / Rescue Station 80
0.8 mi away
restaurants
The Salty Bagel
0.9 mi away
vets
Harbor City Animal Hospital
1.0 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1088542 · Listing Broker: J. Edwards Real Estate · 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.