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For sale by owner
    • Price cut: $5.5K (7/11)
    $38,000

    2405 Madrid Dr, Melbourne, FL 32940

    1beds
    500sqft
    SingleFamily
    Built in 1989
    -- sqft lot
    $-- Zestimate®
    $76/sqft
    $822/mo HOA

    What's special

    Move in readySmoke freeScreened in balconyCharming coastal mobile homeClean homeNewer appliancesHot water heater
    Charming Coastal Mobile Home in desirable Riverview MHP, a Senior 45 + Community in Palm Shores off Rt 1. Attention Owners/Investors!!.Currently, Community allows rentals/subleasing subject strictly to park management approval and standard screening..This is a Smoke Free, Move in Ready, Clean Home that was updated in 2025..Vinyl Plank flooring throughout..Newer appliances, hot water heater, AC units ,shed, screened in balcony, and more.. Low Lot rent..includes water,sewer,trash,recycle.Clubhouse..shuffleboard, Activities..Just Minutes to Beaches,Transportation. Eau Galle Arts District, Restaurants, Airport and more..This home has a direct street view of the Indian River..And , it is located in a highly desirable RARE Minimal risk flood zone!!!..Prospective buyers must be approved by management..Seller does not guarantee rental approval, future lot rent rates,or park financing options. The buyer is solely responsible for independently verifying current park rules, pet restrictions, lease requirements,and obtaining management approval prior to closing.
    What the owner loves about this home
    Sea breezes..Quiet, safe retreat..Great location
    63 days
    |
    459
    |
    5
    |
    Listed by:

    Property Owner (727) 244-3711

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Other, Other
      Cooling
      • Other
      Appliances
      • Included: Dryer, Range / Oven, Refrigerator, Washer
      Features
      • Flooring: Linoleum / Vinyl
      Interior area
      • Total interior livable area: 500 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Off-street
      Features
      • Exterior features: Metal
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water

      Construction

      Type & style
      • Home type: SingleFamily
      Materials
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1989

      Community & HOA

      Community
      • Features: Fifty Five Plus Active Community
      • Senior community: Yes
      HOA
      • Has HOA: Yes
      • HOA fee: $822 monthly
      Location
      • Region: Melbourne

      Financial & listing details

      • Price per square foot: $76/sqft
      • Date on market: 5/23/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,328/mo

        Price history

        DateEventPrice
        7/11/2026Price change$38,000-12.6%$76/sqft
        Source: Owner Report a problem
        6/25/2026Price change$43,500+22.5%$87/sqft
        Source: Owner Report a problem
        6/9/2026Price change$35,500-7.8%$71/sqft
        Source: Owner Report a problem
        6/1/2026Price change$38,500-8.3%$77/sqft
        Source: Owner Report a problem
        5/23/2026Listed for sale$42,000+47.4%$84/sqft
        Source: Owner Report a problem
        5/19/2026Listing removed$1,395$3/sqft
        Source: Zillow Rentals Report a problem
        5/8/2026Price change$1,395-3.8%$3/sqft
        Source: Zillow Rentals Report a problem
        4/18/2026Price change$1,450-3.3%$3/sqft
        Source: Zillow Rentals Report a problem
        3/29/2026Price change$1,500-9.1%$3/sqft
        Source: Zillow Rentals Report a problem
        3/15/2026Listed for rent$1,650$3/sqft
        Source: Zillow Rentals Report a problem
        2/10/2026Listing removed$28,500$57/sqft
        Source: My State MLS #11627823 Report a problem
        2/4/2026Price change$28,500-4.7%$57/sqft
        Source: My State MLS #11627823 Report a problem
        1/23/2026Price change$29,900-6.3%$60/sqft
        Source: My State MLS #11627823 Report a problem
        1/16/2026Price change$31,900-13.6%$64/sqft
        Source: My State MLS #11627823 Report a problem
        1/7/2026Listed for sale$36,900+110.9%$74/sqft
        Source: My State MLS #11627823 Report a problem
        3/26/2025Listing removed$17,500$35/sqft
        Source: My State MLS #11380367 Report a problem
        3/13/2025Contingent$17,500$35/sqft
        Source: My State MLS #11380367 Report a problem
        2/28/2025Price change$17,500-1.4%$35/sqft
        Source: My State MLS #11380367 Report a problem
        1/16/2025Price change$17,750-0.8%$36/sqft
        Source: My State MLS #11380367 Report a problem
        1/7/2025Price change$17,900-3.2%$36/sqft
        Source: My State MLS #11380367 Report a problem
        12/12/2024Price change$18,500-7%$37/sqft
        Source: My State MLS #11380367 Report a problem
        11/25/2024Listed for sale$19,900$40/sqft
        Source: My State MLS #11380367 Report a problem
        11/9/2024Listing removed$19,900-5.2%$40/sqft
        Source: My State MLS #11260045 Report a problem
        10/14/2024Price change$21,000-6.7%$42/sqft
        Source: My State MLS #11260045 Report a problem
        9/18/2024Listed for sale$22,500$45/sqft
        Source: My State MLS #11260045 Report a problem

        Public tax history

        Tax history is unavailable.

        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.
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        Climate risks

        Neighborhood: 32940

        Getting around

        23 / 100
        Car-Dependent
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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