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For SaleSingle Family Home
$615K
254 Captiva Court, Melbourne Beach, FL 32951
Melbourne Beach neighborhood
Subdivision: Ocean Ridge II of Brevard
3
Bedrooms
2
Bathrooms
1,696
Sq Ft
1998
Year Built
$363 /sqft

About This Property

Description from listing agent

Welcome Home to Melbourne Beach FL, Ocean Ridge II of Brevard! A gated community with a nature preserve welcoming entry! Enjoy the ocean breeze by the screened in pool oasis with your relaxing direct view of the beautiful lake! This home is the perfect size offering 3 spacious bedrooms, split bedroom design, an Amazing family room with dining room, an OPEN PLAN concept. The well designed Kitchen features a step up breakfast bar that opens to the breakfast nook with picture perfect views! A large owners suite has a slider door access to your pool oasis and separate hot tub! Enjoy dual closets, a large vanity and separate tile shower & soaking tub. Other features: Tile flooring, ceiling fans, brick paver driveway, FULL SOLAR on both home and pool - HUGE SAVINGS on your monthly energy costs! Gorgeous leaded glass front door with side-lights, slider door access to covered porch / pool area. The guest bath offers a pool door access too! The oversized 2 car garage 22 x 22! A MUST SEE!

Space Coast Context

🚀 Launch Viewing — Fair Views

36.3 mi from SLC-40

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

Aerospace Commute Guide
L3Harris6.7 mi~15 min
Northrop7.8 mi~17 min
Blue Origin29.9 mi~1h 7m
Lockheed31.3 mi~1h 10m
SpaceX31.4 mi~1h 10m
Boeing/KSC33.8 mi~1h 15m
KSC34.6 mi~1h 17m

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.

Offer Intelligence

Based on 5 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
4.7% below market
Median comparable close price: $645,000
Typical Offer Discount
97.4% of list price
At that rate, a competitive offer ≈ $598,653
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 (single family, condo, townhouse, etc.)
  • 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)
  • Square footage within ±15%
  • Year built within ±15 years

We start with your neighborhood, then expand to 3 miles, then 5 miles until we have enough comps. Sales within the last 90 days are weighted 2× in the median to reflect current market conditions.

This is the same analysis a local agent performs by hand — done automatically on every listing.

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
Garage
2 car
HOA Fee
$405/mo
Pool
Yes
Days on Market
164
MLS Area
384-Indialantic/Melbourne Beach

Community & HOA

HOA

  • Name: M.R.S.Management
  • Fee: $405 / quarterly

Schools

Elementary

Gemini

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Jan 6, 2026
Parcel #
28-38-20-02-00000.0-0026.00
$615K

Listing Agent (for property info)

V
Vera L Koon
Waterman Real Estate, Inc.
321-302-9588
Call Listing Agent

Estimated Monthly Payment

$4,410/mo
Principal & interest
$3,240
Property taxes
$615
Insurance & HOA
$555

Based on a 6.90% rate, 30-year loan, and $615K price — down payment shown: $122,980.

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# 1065009

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Equal Housing Opportunity

MLS# 1065009 · Listing Broker: Waterman Real Estate, 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.