When was property at 883 Ridge Lake Drive built and last sold?

The property at 883 Ridge Lake Drive was built in 1989 and last sold on Nov 27, 2002 for $139,000.

How much is this home worth?

The estimated value of the home located at 883 Ridge Lake Drive is $0.

What are some comparable homes to 883 Ridge Lake Drive?

There are currently no comparable homes to 883 Ridge Lake Drive.

Brevard

32940

Quail Point of Suntree

883 Ridge Lake Drive

Sold on Jul 1, 2025

Map

$233,500

● House - Off Market

883 Ridge Lake Drive

Melbourne, FL 32940

3 Beds

2 Baths

1,642 Ft²

$1,725

Est. Monthly

$463

HOA / Fees

10.46%

Cap Rate

About This Property

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.

Unit Size

1,642 Ft²

Days on Market

41 days

Land Size

0.08 acres

Price per sqft

$140

Property Type

House

Property Taxes

$132

HOA Dues

$463

Year Built

1989

Payment Calculator

Cap Rate Calculator

Last updated: 3 months ago (Space Coast MLS #1046810)

Price History

Date / Event	Date	Event
Jul 1, 2025	Sold	Premium
Sold
May 23, 2025	In contract	-
In contract
May 21, 2025	Listed by RE/MAX Elite	$230,000
Listed by RE/MAX Elite
Dec 2, 2002	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1989

Effective Year Built: 2003
Building Count: 1
Total Rooms: 5
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 8
Building Condition: 0
Building Quality: 4
Construction Type: 6
Building Style: 31
Exterior Walls Type: 17
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: 600
Parking Space Count: 2
Patio Type: 17
Porch Type: 35
Pool Type: 0
Location Influence Type: 179

Dimensions

Lot Size Square Feet: 3,485

Total Building Area: 2,546
Gross Building Area: 2,546
Building Area: 1,642
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,642
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: QUAIL RIDGE AT SUNTREE SUNTREE PUD STAGE
Land Acres: 0000000080
Standard Land Use Code: 1101
County Land Use Code: 0121
State Land Use Code: 001
Legal Description 1: QUAIL RIDGE AT SUNTREE SUNTREE PUD STAGE 5 TRACT 49 LOT 281

Neighborhood

School District Name: Brevard County School District

Census Tract: 064128

Zoning

Zoning: PUD

Geography

Assessors Map Reference: 245B

Account Number: 2604408
Subdivision Tract Number: 49
Parcel: 26-36-23-NY-00000.0-0281.00
Lot: 281
Meridian: SEC 23 TWN 26S RNG 36E
Municipality: UNINCORP DISTRICT 4
Latitude: 28.2094
Longitude: -80.6903

Address

Full Address: 883 Ridge Lake Dr

Address - House Number: 883
Address - Street Name: Ridge Lake
Address - Suffix Type: Dr
State: FL
City Name: Melbourne
Carrier Code: R082
4-Digit Zip Code: 1764
Zip Code: 32940

Valuation

Tax

Total Area: 2,115

Tax Year: 2022
Tax Amount: $146,887
Tax Rate Code Area: 4200

Appraisal Valuation

Standard Deviation: 0.1973

Valuation Date: Jan 03, 2024
Confidence Score: 73
Final Value: 359,704
High Value: 430,679
Low Value: 288,729

Market Valuation

Market Total Value: $232,590

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $117,030

Sales

Current Sale Contract Date: Nov 27, 2002

Current Sale Recording Date: Dec 02, 2002
Current Sale Price:

Premium
Current Sale Document Type: 71
Previous Sale Recording Date: Aug 03, 1998
Previous Sale Contract Date: Jul 29, 1998
Previous Sale Document Type: 71

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

Request mortgage information redaction

Comparables

About Quail Point of Suntree

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$209

Below Asking

0.02%

Average Days on Market

Average Home Size

1693 ft²

Average Home Age

38.5 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

Unit for rent at 353 Kilmarnock Place, Melbourne, FL, 32940

$2,600 /mo

3 Beds
2 Baths
1,981 ft²

353 Kilmarnock Place, Melbourne, FL, 32940 Listing by Chi Nguyen

Unit for rent at 700 Trotter Lane, MELBOURNE, FL, 32940

$2,600 /mo

3 Beds
2 Baths
1,811 ft²

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

Unit for rent at 5272 Outlook Drive, Melbourne, FL, 32940

$2,600 /mo

3 Beds
2 Baths
1,684 ft²

5272 Outlook Drive, Melbourne, FL, 32940 Listing by Steven L Poorbaugh

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: David Cable, RE/MAX Elite
Last Updated: 3 months ago
Data Source: Space Coast MLS, MLS# 1046810

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.