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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

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 3 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
98.1% of list price
At that rate, a competitive offer ≈ $603,495
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 3 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
Garage
2 car
HOA Fee
$405/mo
Pool
Yes
Days on Market
233
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

What's Nearby

fire stations
South Beach Fire / Rescue Station 64
0.6 mi away
schools
Gemini Elementary School
1.2 mi away
grocery
Publix
1.8 mi away
restaurants
El Super Mofongo Resbaloso
2.2 mi away
shopping
Beach Stop
2.2 mi away
fire stations
Melbourne Beach Volunteer Fire Department Station 58
2.2 mi away
restaurants
El Platanito
2.5 mi away
schools
Palm Bay Elementary
2.6 mi away

Interested in this property?

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.