Sold for $440,000

$440,000

721 Spring Lake Dr, Melbourne, FL 32940

4beds

2,475sqft

Single Family Residence

Built in 1989

-- sqft lot

$431,300 Zestimate^®

$178/sqft

$3,212 Estimated rent

Home value

$431,300

$392,000 - $474,000

$3,212/mo

Zestimate^® history

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$3,212/mo

Est. payment

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$3,212/mo

Est. payment

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What's special

ESTATE SALE!!! 4/3 In the Fairways In Melbourne. Chefs Kitchen Custom Home Designed to Capture Golf Vistas! Has 3 car garage, Huge Screened Lanai on .45 acre lot on the 5th Green. Second floor 16x30 rear deck overlooking the golf course. Home has vaulted ceilings and many extras! Estate only accepting cash offers for quick sale.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Heating

Natural Gas

Cooling

Ceiling Fan(s), Central Air

Appliances

Included: Dishwasher, Dryer, Gas Water Heater, Microwave, Gas Range, Refrigerator, Oven, Washer
Laundry: Laundry Room

Features

Built-in Features, Closet Cabinetry, Custom Mirrors, Entrance Foyer, Pantry
Flooring: Carpet, Ceramic Tile
Windows: Complete Electric Power Shutters, Complete Panel Shutters/Awnings, Complete RollDown Shutters, Electric Shutters, Hurricane Shutters, Skylight(s), Blinds
Has fireplace: Yes
Fireplace features: Decorative

Interior area

Total structure area: 2,475
Total interior livable area: 2,475 sqft

Property

Parking

Total spaces: 3
Parking features: Circular Driveway, Driveway
Garage spaces: 3
Has uncovered spaces: Yes

Features

Stories: 2
Entry location: First Floor Entry,Foyer
Patio & porch: Deck, Patio, Screened Porch
Exterior features: Balcony
Pool features: R30-No Pool/No Water
Has view: Yes
View description: Golf Course

Lot

Features: 1/4 To Less Than 1/2 Acre Lot

Details

Parcel number: 263623NL19
Zoning: Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

CBS Construction
Roof: Curved/S-Tile Roof

Condition

Year built: 1989

Utilities & green energy

Sewer: Public Sewer
Water: Municipal Water

Community & HOA

Community

Features: Golf
Security: Owned Burglar Alarm
Subdivision: Fairways

HOA

Has HOA: Yes
HOA fee: $245 annually

Location

Region: Melbourne

Financial & listing details

Price per square foot: $178/sqft
Tax assessed value: $468,000
Annual tax amount: $6,045
Date on market: 4/1/2025
Listing terms: Cash
Ownership: Sole Proprietor

Price history

Date	Event	Price
8/27/2025	Sold	$440,000-21.3%$178/sqft
Source: MIAMI #A11776249 Report a problem
8/7/2025	Pending sale	$559,000$226/sqft
Source: MIAMI #A11776249 Report a problem
6/23/2025	Price change	$559,000-6.7%$226/sqft
Source: MIAMI #A11776249 Report a problem
4/24/2025	Price change	$599,000-4.8%$242/sqft
Source: MIAMI #A11776249 Report a problem
4/16/2025	Price change	$629,000-3.1%$254/sqft
Source: MIAMI #A11776249 Report a problem
4/3/2025	Listed for sale	$649,000+140.4%$262/sqft
Source: MIAMI #A11776249 Report a problem
11/16/2009	Sold	$270,000-12.9%$109/sqft
Source: Public Record Report a problem
7/2/2009	Listed for sale	$310,000$125/sqft
Source: Hart to Hart #113020026 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,526 +5.8%	$468,000 -3.3%
2024	$6,169 +2.8%	$484,040 +1.1%
2023	$6,000 +11%	$478,740 +3.4%
2022	$5,406 +11.9%	$463,220 +39.5%
2021	$4,829 +10.4%	$332,100 +15.5%
2020	$4,375 +1.9%	$287,580 +3.9%
2019	$4,292	$276,700 -7.4%
2018	$4,292 -7.4%	$298,880 +13.4%
2017	$4,636 +6.4%	$263,650 -2.9%
2016	$4,359 -6.6%	$271,590 +9.1%
2015	$4,667 +5.2%	$248,950 +7.3%
2014	$4,437	$232,030 +3.8%
2013	--	$223,470 +16.5%
2012	$3,376 +1.5%	$191,770 +1.6%
2011	$3,327 -3.3%	$188,820 -11.1%
2010	$3,441 +5.7%	$212,490 -24.7%
2009	$3,256 -0.1%	$282,060 -15.6%
2008	$3,258 -1.7%	$334,000 -8%
2007	$3,314 -8.7%	$363,000 -8%
2005	$3,631 -2.8%	$394,650 +32.2%
2004	$3,735 -2.1%	$298,480 +11%
2003	$3,816 +2.8%	$268,890 +17.5%
2002	$3,714 +2.5%	$228,880 -1.9%
2001	$3,623 +6%	$233,420 +3.1%
2000	$3,418	$226,330