When was property at 787 Preakness Drive built and last sold?

The property at 787 Preakness Drive was built in 2001 and last sold on Sep 25, 2001 for $125,100.

How much is this home worth?

The estimated value of the home located at 787 Preakness Drive is $0.

What are some comparable homes to 787 Preakness Drive?

There are currently no comparable homes to 787 Preakness Drive.

West Melbourne

32904

Saddlebrooke of West Melbourne

787 Preakness Drive

Sold on Aug 5, 2025

Map

$335,000

● House - Off Market

787 Preakness Drive

Melbourne, FL 32904

4 Beds

2 Baths

1,636 Ft²

$1,879

Est. Monthly

$32

HOA / Fees

7.85%

Cap Rate

About This Property

Wrapped in the vibrant energy of West Melbourne, this 4-bedroom, 2-bath lakefront home in Saddlebrooke blends everyday ease with the best of Florida living. Vaulted ceilings add volume to the living spaces, while integrated surround sound enhances both daily routines & entertaining. A split-bedroom layout offers privacy, with a generous walk-in closet in the primary suite. Spend mornings sipping coffee with peaceful water views & afternoons exploring nearby beaches, upscale shopping, & diverse dining-all just minutes from your doorstep. Zoned for top-rated schools & close to major entertainment destinations, this home delivers the ideal balance of relaxation & connection. Whether you're hosting friends or unwinding after a day at the coast, this home supports the lifestyle you've been looking for. From its smart layout to its scenic setting, it's a polished package of comfort, convenience & coastal charm-ready to welcome you home.

Unit Size

1,636 Ft²

Days on Market

39 days

Land Size

0.20 acres

Price per sqft

$214

Property Type

House

Property Taxes

$128

HOA Dues

$32

Year Built

2001

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (Space Coast MLS #1050235)

Price History

Date / Event	Date	Event
Aug 5, 2025	Sold	Premium
Sold
Jun 27, 2025	Listed by Compass Florida, LLC	$350,000
Listed by Compass Florida, LLC
Sep 28, 2001	Sold	Premium
Sold
May 14, 2001	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

With View

Building Info

Overview

General

Year Built: 2001

Effective Year Built: 2010
Building Count: 1
Bedroom Count: 4
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 10
Building Condition: 0
Building Quality: 7
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: 420
Parking Space Count: 2
Patio Type: 5
Porch Type: 35
Pool Type: 0
Location Influence Type: 118

Dimensions

Lot Size Square Feet: 8,712

Lot Size Depth Feet: 1,150
Lot Size Frontage Feet: 730
Total Building Area: 2,262
Gross Building Area: 2,262
Building Area: 1,636
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,636
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: SADDLEBROOKE OF WEST MELBOURNE A REPLAT
Land Acres: 0000000200
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: SADDLEBROOKE OF WEST MELBOURNE A REPLAT OF SADDLEBROOKE LOT 110

Neighborhood

School District Name: Brevard County School District

Census Tract: 065024

Zoning

Zoning: R1B

Geography

Assessors Map Reference: 331

Account Number: 2858274
Parcel: 28-37-07-81-00000.0-0110.00
Lot: 110
Meridian: SEC 07 TWN 28S RNG 37E
Municipality: WEST MELBOURNE
Latitude: 28.0625
Longitude: -80.6566

Address

Full Address: 787 Preakness Dr

Address - House Number: 787
Address - Street Name: Preakness
Address - Suffix Type: Dr
State: FL
City Name: Melbourne
Carrier Code: C041
4-Digit Zip Code: 7311
Zip Code: 32904

Valuation

Tax

Total Area: 1,954

Tax Year: 2022
Tax Amount: $142,306
Tax Rate Code Area: 34V0

Appraisal Valuation

Standard Deviation: 0.1809

Valuation Date: Jan 03, 2024
Confidence Score: 76
Final Value: 405,145
High Value: 478,451
Low Value: 331,839

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Financing Type:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium

Market Valuation

Market Total Value: $285,350

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $123,770

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Sep 25, 2001

Current Sale Recording Date: Sep 28, 2001
Current Sale Price:

Premium
Current Sale Document Type: 71
Previous Sale Recording Date: May 14, 2001
Previous Sale Contract Date: May 09, 2001
Previous Sale Amount: $28,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium

Financing

First Mortgage Financing Type: FIX

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Saddlebrooke of West Melbourne

Stats & Trends

Median Asking:

$367,450

Sale Price/ft²

$217

Below Asking

0.01%

Average Days on Market

Average Home Size

1861 ft²

Average Home Age

24.5 years

Currently For Sale

2 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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2 Baths
1,828 ft²

1349 Ashford Avenue Ne, Palm Bay, FL, 32907 Listing by Michael Z. Ritchie

Unit for rent at 3101 Dairy Road, Melbourne, FL, 32904

$2,500 /mo

3 Beds
2 Baths
1,269 ft²

3101 Dairy Road, Melbourne, FL, 32904 Listing by Lien T Nguyen

Unit for rent at 1804 Musgrass Circle, West Melbourne, FL, 32904

$2,495 /mo

4 Beds
2 Baths
1,862 ft²

1804 Musgrass Circle, West Melbourne, FL, 32904 Listing by Nicole D Grammer

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Shannon Lynch, Compass Florida, LLC
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 1050235

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.