See Home Value
$325,000
● House - Off Market

1703 Keys Gate Drive

Melbourne, FL 32940
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,668 Ft²
$2,152
Est. Monthly
$334
HOA / Fees
6.95%
Cap Rate

About This Property

Nestled in a highly desired, coveted 55+ gated community, this home offers the perfect blend of privacy and a close-knit active neighborhood. Located on a quiet cul-de-sac with a private lot, it ensures peace and tranquility. The expansive open floor plan boasts soaring ceilings, creating an airy, spacious feel. Natural light pours through large windows, accentuating the neutral color scheme and tile flooring throughout the living areas. Enjoy the charming under-truss screened porch, perfect for relaxing or entertaining in comfort. This home features three bedrooms, including one ideal as a home office, and two well-appointed bathrooms. The owner's suite offers a generous walk-in closet. Accordion storm shutters provide security, while the roof, replaced in 2016, offers peace of mind. The HOA takes care of all lawn maintenance, including irrigation, and also paints the exterior, ensuring easy, low-maintenance living. This home is perfect for those seeking a vibrant 55+ lifestyle. Grand Isle is a golf cart friendly neighborhood featuring an elegant community clubhouse with a solar heated pool, hot tub, tennis/pickleball, bocce, gym, ballroom, billiards room, and library. Attend dinner/dances, weekly informal socials, holiday parties, concerts, lecturers and health forums, movie and trivia nights, line dancing, tai chi, yoga, water aerobics, art classes, book clubs, cards, bunko, bingo, billiards, and more! Nearby A+ shopping, dining, quality medical facilities, and multiple golf course destinations. Minutes to beautiful beaches and one-hour to Orlando attractions. The subdivision is located on the Saint John's waterway preserve with walking paths throughout. Enjoy the views and the wildlife - white pelicans, pink spoonbills, egrets, ospreys, ducks, herons, and more!
Unit Size
1,668 Ft²
Days on Market
183 days
Land Size
0.34 acres
Price per sqft
$195
Property Type
House
Property Taxes
$223
HOA Dues
$334
Year Built
2000

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Last updated: 6 months ago (Space Coast MLS #1041641)

Price History

Date / Event Date Event Price
Mar 24, 2026 Sold
Sold
Dec 31, 2025 In contract -
In contract
Dec 27, 2025 Price Decreased $324,900
↓ $24K (6.9%)
Price Decreased
Nov 18, 2025 Price Decreased $349,000
↓ $10K (2.8%)
Price Decreased
Oct 26, 2025 Price Decreased $359,000
↓ $16K (4.2%)
Price Decreased
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 14,810
  • Lot Size Frontage Feet: 490
  • Total Building Area: 2,342
  • Gross Building Area: 2,342
  • Building Area: 1,668
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,668
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRAND ISLE PHASE 1 VIERA NORTH PUD, PARC
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: GRAND ISLE PHASE 1 VIERA NORTH PUD, PARCEL U, X LOT 9 BLOCK D

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 063108

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 225
  • Account Number: 2531251
  • Subdivision Phase Number: 1
  • Parcel: 25-36-34-75-0000D.0-0009.00
  • Block: D
  • Lot: 9
  • Meridian: SEC 34 TWN 25S RNG 36E
  • Municipality: VIERA/UNINCORP DISTRICT 4
  • Latitude: 28.2627
  • Longitude: -80.712

    Address

  • Full Address: 1703 Keys Gate Dr
  • Address - House Number: 1703
  • Address - Street Name: Keys Gate
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R020
  • 4-Digit Zip Code: 6319
  • Zip Code: 32940

Valuation

    Tax

  • Total Area: 2,020
  • Tax Year: 2022
  • Tax Amount: $248,631
  • Tax Rate Code Area: 430Y

    Appraisal Valuation

  • Standard Deviation: 0.1928
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 412,561
  • High Value: 492,142
  • Low Value: 332,979

    Market Valuation

  • Market Total Value: $297,710

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $158,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 30, 2001
  • Current Sale Recording Date: Apr 06, 2001
  • Current Sale Price:
  • Current Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Grand Isle


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Unit for rent at 1937 Golf Vista Boulevard, Rockledge, FL, 32955

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1937 Golf Vista Boulevard, Rockledge, FL, 32955 Listing by Douglas Bress
Unit for rent at 700 Trotter Lane, MELBOURNE, FL, 32940

$2,600 /mo

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700 Trotter Lane #204, MELBOURNE, FL, 32940 Listing by Ashley Langford


Frequently Asked Questions

When was property at 1703 Keys Gate Drive built and last sold?
The property at 1703 Keys Gate Drive was built in 2000 and last sold on Mar 30, 2001 for $141,900.
How much is this home worth?
The estimated value of the home located at 1703 Keys Gate Drive is $0.
What are some comparable homes to 1703 Keys Gate Drive?
There are currently no comparable homes to 1703 Keys Gate Drive.