For sale

Price cut: $3K (7/2)

$339,000

4388 Palladian Way, Melbourne, FL 32904

3beds

1,333sqft

$2,245/mo

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Single Family Residence

Built in 2008

6,534 Square Feet Lot

$330,000 Zestimate^®

$254/sqft

$42/mo HOA

What's special

Abundant natural lightBreakfast nookElegant flooringStorm shuttersBright kitchen

BRAND NEW ROOF (March 2026) & Wind Mitigation - Move-In Ready in Gated-Pool-Low HOA Community! Beautifully maintained home located on a quiet cul-de-sac offering added privacy. Features an open floor plan with vaulted ceilings, elegant flooring (2022 & 2026), and abundant natural light. Bright kitchen includes a breakfast nook, new dishwasher (2026), and refrigerator (2022). Spacious primary suite with walk-in closet. Major updates include A/C (2018), hot water heater (2022), storm shutters, and above-garage storage. Enjoy a brand-new screened lanai and patio overlooking a newly fenced backyard (2026)--ideal for privacy, and entertaining. Conveniently near top-rated schools, beaches, airport, I-95, and major employers. Some Photos Virtually Staged.

107 days

553

35

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Central, Electric

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
Laundry: Electric Dryer Hookup, Washer Hookup

Features

Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Primary Bathroom - Tub with Shower, Vaulted Ceiling(s), Walk-In Closet(s)
Flooring: Tile, Vinyl
Has fireplace: No

Interior area

Total interior livable area: 1,333 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Attached, Garage
Attached garage spaces: 2

Features

Levels: One
Stories: 1
Patio & porch: Patio, Porch, Screened
Exterior features: Storm Shutters
Fencing: Back Yard,Fenced,Full,Wood
Has view: Yes
View description: Protected Preserve

Lot

Size: 6,534 Square Feet
Features: Sprinklers In Rear

Details

Additional parcels included: 2746138
Parcel number: 2736267700000.00042.00
Zoning description: Residential
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Concrete, Stucco
Roof: Shingle

Condition

Updated/Remodeled
New construction: No
Year built: 2008

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Sewer Connected, Water Available

Community & HOA

Community

Security: Security Gate, Smoke Detector(s)
Subdivision: Hammock Trace Preserve Phase 1

HOA

Has HOA: Yes
Amenities included: Gated, Maintenance Grounds, Management - Full Time, Management - Off Site, Pool
Services included: Maintenance Grounds
HOA fee: $500 annually
HOA name: Hammock Trace Preserve Home Owners

Location

Region: Melbourne

Financial & listing details

Price per square foot: $254/sqft
Tax assessed value: $277,720
Annual tax amount: $4,951
Date on market: 8/1/2026
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Asphalt

Estimated market value

$330,000

$314,000 - $347,000

$2,085/mo

Price history

Date	Event	Price
7/2/2026	Price change	$339,000-0.9%$254/sqft
Source: Space Coast AOR #1075107 Report a problem
4/19/2026	Listed for sale	$342,000+111.1%$257/sqft
Source: Space Coast AOR #1075107 Report a problem
11/30/2022	Listed for rent	$1,850$1/sqft
Source: Zillow Rental Manager Report a problem
1/9/2009	Sold	$162,000$122/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,951 +10.2%	$277,720 +3.9%
2024	$4,494 +4.7%	$267,340 +0.4%
2023	$4,292 +11.6%	$266,360 +6.5%
2022	$3,847 +11.9%	$250,190 +35.1%
2021	$3,438 +8.9%	$185,210 +9.8%
2020	$3,156 +0.4%	$168,610 +4.3%
2019	$3,144	$161,710 +2%
2018	$3,144 +0.4%	$158,470 +10.7%
2017	$3,133 +7%	$143,110 +5.9%
2016	$2,928 +0.2%	$135,080 +7.7%
2015	$2,922 +13.1%	$125,450 +7.9%
2014	$2,584	$116,310 +8%
2013	--	$107,670 +6.7%
2012	$2,220 -2.8%	$100,950 -2.6%
2011	$2,283 -2.1%	$103,650 -11.3%
2010	$2,333 +5.7%	$116,890 -2.1%
2009	$2,207 +207.2%	$119,380 +198.4%
2008	$718	$40,000

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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: 32904

Getting around

15 / 100

Car-Dependent

28 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

4/10
Roy Allen Elementary School
Grades: PK-6Distance: 2.2 mi
5/10
Central Middle School
Grades: 7-8Distance: 3.6 mi
4/10
Eau Gallie High School
Grades: PK,9-12Distance: 3.5 mi

Schools provided by the listing agent

Elementary: Roy Allen
Middle: Central

Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.