See Home Value
$330,000
● House - Off Market

560 Martello Way

Melbourne, FL 32901
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,936 Ft²
$2,051
Est. Monthly
$283
HOA / Fees
5.54%
Cap Rate

About This Property

*** 72 Hour Kick Out Contingency*** Welcome to the sought-after, gated 55+ community of Alamanda Key in Melbourne, Florida! This charming 3-bedroom, 2-bath home is equipped with natural gas, featuring a hot water heater, and dryer for added efficiency and convenience. Granite Counter tops, metal roof and plantation shutters. Enjoy peace of mind with a fully gated entrance. The vibrant clubhouse offers a heated pool, relaxing hot tub, and a calendar full of engaging community events and social gatherings. HOA fees include Spectrum cable and high-speed internet, making for easy living in a beautifully maintained, active adult community. Don't miss your chance to own in one of Melbourne's most welcoming neighborhoods!
Unit Size
1,936 Ft²
Days on Market
83 days
Land Size
0.11 acres
Price per sqft
$170
Property Type
House
Property Taxes
$147
HOA Dues
$283
Year Built
2006

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Cap Rate Calculator

Last updated: 11 months ago (Space Coast MLS #1053250)

Price History

Date / Event Date Event Price
Oct 22, 2025 Sold
Sold
Sep 6, 2025 In contract -
In contract
Aug 21, 2025 Price Decreased $330,000
↓ $10K (2.9%)
Price Decreased
Jul 31, 2025 Listed by Real Broker, LLC $340,000
Listed by Real Broker, LLC
Sep 9, 2006 Sold
Sold
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 399
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 450
  • Total Building Area: 2,400
  • Gross Building Area: 2,400
  • Building Area: 1,936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,936
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALAMANDA KEY PHASE I
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: ALAMANDA KEY PHASE I LOT 14 BLK F

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 065126

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: MB 52 PG 83
  • Account Number: 2862216
  • Subdivision Phase Number: I
  • Parcel: 28-37-16-54-0000F.0-0014.00
  • Block: F
  • Lot: 14
  • Meridian: SEC 16 TWN 28S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.0451
  • Longitude: -80.6311

    Address

  • Full Address: 560 Martello Way
  • Address - House Number: 560
  • Address - Street Name: Martello
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C030
  • 4-Digit Zip Code: 6627
  • Zip Code: 32901

Valuation

    Tax

  • Total Area: 2,191
  • Tax Year: 2022
  • Tax Amount: $171,931
  • Tax Rate Code Area: 34K0

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 415,041
  • High Value: 490,138
  • Low Value: 339,944

    Market Valuation

  • Market Total Value: $286,070

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $136,770

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 05, 2006
  • Current Sale Recording Date: Sep 09, 2006
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2006266563
  • Previous Sale Recording Date: Dec 28, 2005
  • Previous Sale Contract Date: Dec 23, 2005
  • Previous Sale Amount: $105,800
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Alamanda Key


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$1,975 /mo

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300 Amherst Avenue, Melbourne, FL, 32901 Listing by Joel Ludlow


Frequently Asked Questions

When was property at 560 Martello Way built and last sold?
The property at 560 Martello Way was built in 2006 and last sold on Sep 5, 2006 for $285,800.
How much is this home worth?
The estimated value of the home located at 560 Martello Way is $336,800.
What are some comparable homes to 560 Martello Way?
There are currently no comparable homes to 560 Martello Way.