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For SaleSingle Family Home
$345K
327 Myrtlewood Road, Melbourne, FL 32940
Duran Golf Community neighborhood
Subdivision: Lake Pointe Suntree PUD Stage 10 Tr 6 Unit 3 and T
3
Bedrooms
2
Bathrooms
1,417
Sq Ft
1989
Year Built
$243 /sqft

About This Property

Description from listing agent

Major Price Adjustment! Welcome to Lake Pointe in desirable Suntree! This 3-bedroom, 2-bath lakefront home features a spacious open floor plan, a 2-car garage, and solid block construction. Enjoy peace of mind and LOW ELECTRIC BILLS with a FULLY PAID FOR WHOLE HOUSE SOLAR AND NEW HURRICANE RATED WINDOWS AND SLIDING GLASS DOORS throughout. Perfectly positioned on the lake, this home offers tranquil water views with beautiful sunsets. It provides the ideal opportunity for new owners to add their own cosmetic touches and truly make it their HOME. Lake Pointe HOA takes care of the lawn maintenance and sprinkler system, giving you more time to relax and enjoy the recently refinished community pool. Centrally located, you're just minutes from shopping, dining, recreation, medical facilities, and top-rated schools in Suntree, Viera, and North Melbourne. The beach is a short drive away, with easy access to I-95 and a convenient commute to Orlando's world-class entertainment.

Space Coast Context

🚀 Launch Viewing — Good Views

23.5 mi from SLC-40

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

Aerospace Commute Guide
Northrop8.1 mi~18 min
L3Harris9.7 mi~22 min
Blue Origin18.6 mi~41 min
SpaceX18.9 mi~42 min
Lockheed19.1 mi~43 min
Boeing/KSC19.8 mi~44 min
KSC20.1 mi~45 min

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
  • 1/14/26
    Listed
    $345K
    $243/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 2 comparable sales in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
3.9% below market
Median comparable close price: $359,000
Typical Offer Discount
96.4% of list price
At that rate, a competitive offer ≈ $332,643
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 2 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
0.14 acres (6,098 sqft)
Full Baths
2
Garage
2 car (attached)
HOA Fee
$105/mo
Waterfront
Yes
Days on Market
164
MLS Area
216 - Viera/Suntree N of Wickham

Community & HOA

HOA

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

Schools

Elementary

Suntree

Middle School

DeLaura

High School

Viera

Financial & Listing Details

Listed
Jan 14, 2026
Parcel #
26-36-12-55-00005.0-0002.00
$345K

Listing Agent (for property info)

M
Maggie Schultz
aReal Estate Service Team
321-243-0434
Call Listing Agent

Estimated Monthly Payment

$2,418/mo
Principal & interest
$1,818
Property taxes
$345
Insurance & HOA
$255

Based on a 6.90% rate, 30-year loan, and $345K price — down payment shown: $69,000.

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# 1066364

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Equal Housing Opportunity

MLS# 1066364 · Listing Broker: aReal Estate Service Team · 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.