This beautiful half duplex is a lucrative investment opportunity, featuring a large, screened courtyard in the front attached to an oversized 2-car garage on one side and an extra separate storage closet on the other side, creating a private patio. The spacious one level home boasts vaulted ceilings, screened back patio for morning or afternoon relaxation. Just a two-minute to the community pool, this property ensures worry-free living with an HOA that cares for all exterior maintenance, including roofs. Located in a desirable, high-value neighborhood next to the Suntree golf course, it offers beautiful streetscaping and miles of sidewalks winding through well-maintained landscapes. Minutes away from shopping, top-rated schools, medical facilities, and just 15 minutes to the Beach, this property promises high rental demand and steady returns on investment.
Sold for $233,500
$233,500
883 Ridge Lake Dr, Melbourne, FL 32940
3beds
1,642sqft
Single Family Residence, Half Duplex
Built in 1989
3,484.8 Square Feet Lot
$225,800 Zestimate®
$142/sqft
$2,458 Estimated rent
Home value
$225,800
$205,000 - $248,000
$2,458/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: July 03, 2025 at 02:09pm
Listed by:
David Cable 321-615-0099,
RE/MAX Elite
Bought with:
Joyce A Hathaway, 3106789
RE/MAX Aerospace Realty
Source: Space Coast AOR,MLS#: 1046810
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Washer
- Laundry: In Unit
Features
- Breakfast Nook, Ceiling Fan(s), Pantry, Primary Bathroom - Shower No Tub, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Carpet, Tile
- Has fireplace: No
Interior area
- Total structure area: 2,282
- Total interior livable area: 1,642 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio, Screened
- Exterior features: Courtyard
Lot
- Size: 3,484 sqft
- Features: Few Trees
Details
- Additional parcels included: 2604408
- Parcel number: 263623Ny00000.00281.00
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Half Duplex
Materials
- Frame, Wood Siding
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 1989
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Melbourne
- Subdivision: Quail Ridge at Suntree Suntree PUD Stage 5 Tract 4
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $443 monthly
- Amenities included: Basketball Court, Jogging Path, Maintenance Grounds, Management - Off Site, Park, Pickleball, Playground, Pool, RV/Boat Storage, Tennis Court(s), Trash
- Services included: Maintenance Grounds, Maintenance Structure, Trash
- Association name: Quail Ridge at Suntree
- Association phone: 321-652-6958
- Second HOA fee: $245 annually
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2025 | Sold | $233,500+1.5%$142/sqft |
Source: Space Coast AOR #1046810 Report a problem | ||
| 6/27/2025 | Pending sale | $230,000$140/sqft |
Source: Space Coast AOR #1046810 Report a problem | ||
| 5/23/2025 | Contingent | $230,000$140/sqft |
Source: Space Coast AOR #1046810 Report a problem | ||
| 5/21/2025 | Listed for sale | $230,000+65.5%$140/sqft |
Source: Space Coast AOR #1046810 Report a problem | ||
| 12/2/2002 | Sold | $139,000+13.9%$85/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,245 +167.9% | $306,360 +154.2% |
| 2023 | $1,585 +7.9% | $120,540 +3% |
| 2022 | $1,469 -1.5% | $117,030 +3% |
Find assessor info on the county website
Neighborhood: 32940
Nearby schools
GreatSchools rating
- 9/10Suntree Elementary SchoolGrades: PK-6Distance: 0.8 mi
- 7/10Delaura Middle SchoolGrades: 7-8Distance: 6 mi
- 7/10Viera High SchoolGrades: PK,9-12Distance: 4.1 mi
Schools provided by the listing agent
- Elementary: Suntree
- Middle: DeLaura
- High: Viera
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value$225,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$225,800