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For sale
  • Price cut: $21K (6/26)
    $749,000

    1502 Tralee Bay Ave, Melbourne, FL 32940

    3beds
    2,264sqft
    : 
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    Single Family Residence
    Built in 2011
    0.26 Acres Lot
    $731,400 Zestimate®
    $331/sqft
    $278/mo HOA

    What's special

    Huge screened lanaiLakefront homeUpgraded cabinetsGe monogram gas cooktopSubzero refrigeratorHuge walk in pantryDouble wolf wall ovens
    Exceptional lakefront home located in the prestigious gated community of Tralee Bay Estates. Upon entering the home the waterview is breathtaking. This meticulously maintained 3 bedroom, 2.5 bath home offers over 2200 square feet of thoughtfully designed living space blended w/ elegance & comfort. Gourmet chef's kitchen w/ upgraded cabinets, granite, backsplash, Subzero refrigerator, GE monogram gas cooktop, double Wolf wall ovens & huge walk in pantry. Gorgeous brazilian cherrywood floors in main living area. Spacious primary suite serves as a private retreat w/ 2 California closets & luxurious spa style bath w/ soaking tub & multi jet shower system. Step outside to your huge screened lanai w/ solar heated saltwater pool & spa & outdoor kitchen w/ lake views. Peace of mind w/ full house generator, accordion hurricane shutters & hurricane curtain for lanai. HOA includes landscape lawn, shrubs & trees maintenance. AC 2024, garage door 2024, & exterior paint 2025.
    64 days
    |
    1,025
    |
    55
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    June Mogavero 321-514-7690,

    RE/MAX Aerospace Realty

    Source: Space Coast AOR,MLS#: 1077303

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater
      Features
      • Breakfast Nook, Ceiling Fan(s), Entrance Foyer, His and Hers Closets, Pantry, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
      • Flooring: Carpet, Tile, Wood
      • Has fireplace: No
      Interior area
      • Total structure area: 3,254
      • Total interior livable area: 2,264 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage, Garage Door Opener
      • Garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Front Porch, Patio, Porch, Screened
      • Exterior features: Outdoor Kitchen, Storm Shutters
      • Has private pool: Yes
      • Pool features: Salt Water, Screen Enclosure, Solar Heat
      • Has spa: Yes
      • Spa features: In Ground
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake Front
      Lot
      • Size: 0.26 Acres
      • Features: Sprinklers In Front, Sprinklers In Rear
      Details
      • Additional parcels included: 2629575
      • Parcel number: 26360228000ii.00006.00
      • Zoning description: Residential
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Concrete
      • Roof: Tile
      Condition
      • New construction: No
      • Year built: 2011

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Security: Security Gate, Security System Owned, Smoke Detector(s)
      • Subdivision: Tralee Bay Shores Phase 1
      HOA
      • Has HOA: Yes
      • Amenities included: Basketball Court, Clubhouse, Fitness Center, Gated, Jogging Path, Maintenance Grounds, Management - Full Time, Management - Off Site, Park, Playground, Pool, Tennis Court(s)
      • Services included: Maintenance Grounds, Other
      • HOA fee: $1,800 annually
      • HOA name: Trallee Bay- Capron Ridge - Sentry Management
      • HOA phone: 321-638-8880
      • Second HOA fee: $1,532 annually
      Location
      • Region: Melbourne

      Financial & listing details

      • Price per square foot: $331/sqft
      • Tax assessed value: $630,080
      • Annual tax amount: $5,143
      • Date on market: 5/14/2026
      • Listing terms: Cash,Conventional
      • Road surface type: Asphalt

        Estimated market value

        $731,400

        $695,000 - $768,000

        $4,166/mo

        Price history

        DateEventPrice
        6/26/2026Price change$749,000-2.7%$331/sqft
        Source: Space Coast AOR #1077303 Report a problem
        6/9/2026Price change$770,000-0.6%$340/sqft
        Source: Space Coast AOR #1077303 Report a problem
        5/14/2026Listed for sale$775,000$342/sqft
        Source: Space Coast AOR #1077303 Report a problem
        5/31/2023Sold$775,000$342/sqft
        Source: Space Coast AOR #961076 Report a problem
        5/30/2023Pending sale$775,000$342/sqft
        Source: Space Coast AOR #961076 Report a problem
        4/3/2023Contingent$775,000$342/sqft
        Source: Space Coast AOR #961076 Report a problem
        3/30/2023Listed for sale$775,000+120.4%$342/sqft
        Source: Space Coast AOR #961076 Report a problem
        12/29/2011Sold$351,700+339.6%$155/sqft
        Source: Public Record Report a problem
        7/1/2011Sold$80,000$35/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,358 +6.8%$407,400 +2.9%
        2024$5,018 -8.8%$395,920 -7.9%
        2023$5,501 +7.3%$430,110 +3%
        2022$5,127 -4.6%$417,590 +3%
        2021$5,373 +0.7%$405,430 +1.4%
        2020$5,333 -8.3%$399,840 +2.7%
        2019$5,817 $389,480 +3.6%
        2018$5,817 +0.7%$376,020 +6%
        2017$5,775 +1.7%$354,600 -0.3%
        2016$5,680 -4.2%$355,820 +10.8%
        2015$5,929 +1.9%$321,140 -1.3%
        2014$5,816 $325,460 +9.8%
        2013-- $296,500 +8.7%
        2012$4,803 +295.1%$272,840 +295.4%
        2011$1,216 +8.8%$69,000
        2010$1,117 -33.3%$69,000 -37.3%
        2009$1,676 -9.3%$110,000 -9.1%
        2008$1,848 +0.9%$121,000
        2007$1,831 $121,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32940

        Getting around

        1 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Quest
        • Middle: Kennedy
        • 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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