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Sold for $335,000
  • $335,000

    787 Preakness Dr, West Melbourne, FL 32904

    4beds
    1,636sqft
    Single Family Residence
    Built in 2001
    8,712 Square Feet Lot
    $328,200 Zestimate®
    $205/sqft
    $2,304 Estimated rent

    Home value

    $328,200

    $299,000 - $361,000

    $2,304/mo

    Zestimate® history
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    What's special

    Split-bedroom layoutLakefront homeIntegrated surround soundPeaceful water viewsVaulted ceilingsScenic settingGenerous walk-in closet
    Wrapped in the vibrant energy of West Melbourne, this 4-bedroom, 2-bath lakefront home in Saddlebrooke blends everyday ease with the best of Florida living. Vaulted ceilings add volume to the living spaces, while integrated surround sound enhances both daily routines & entertaining. A split-bedroom layout offers privacy, with a generous walk-in closet in the primary suite. Spend mornings sipping coffee with peaceful water views & afternoons exploring nearby beaches, upscale shopping, & diverse dining—all just minutes from your doorstep. Zoned for top-rated schools & close to major entertainment destinations, this home delivers the ideal balance of relaxation & connection. Whether you're hosting friends or unwinding after a day at the coast, this home supports the lifestyle you've been looking for. From its smart layout to its scenic setting, it's a polished package of comfort, convenience & coastal charm—ready to welcome you home.

    Zillow last checked:

    Listing updated:

    Listed by:

    Shannon Lynch 321-795-7406,

    Compass Florida, LLC

    Bought with:

    Lien T Nguyen, 3077925

    Red 275

    Source: Space Coast AOR,MLS#: 1050235

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Ceiling Fan(s), Pantry, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
    • Flooring: Carpet, Laminate, Tile
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,636 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Storm Shutters
    • Has view: Yes
    • View description: Lake, Water
    • Has water view: Yes
    • Water view: Lake,Water
    • Waterfront features: Lake Front
    Lot
    • Size: 8,712 Square Feet
    • Features: Sprinklers In Front, Sprinklers In Rear
    Details
    • Additional parcels included: 2858274
    • Parcel number: 2837078100000.00110.00
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete, Stucco
    Condition
    • New construction: No
    • Year built: 2001

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Saddlebrooke of W Melbourne A Replat of Saddleb
    HOA
    • Has HOA: Yes
    • Amenities included: Maintenance Grounds, Management - Full Time
    • HOA fee: $385 annually
    • HOA name: Saddlebrooke of West Melbourne HOA
    Location
    • Region: West Melbourne

    Financial & listing details

    • Price per square foot: $205/sqft
    • Tax assessed value: $296,660
    • Annual tax amount: $1,537
    • Date on market: 6/27/2025
    • Listing terms: Cash,Conventional,VA Loan

    Price history

    DateEventPrice
    8/20/2025Listing removed$2,400$1/sqft
    Source: Zillow Rentals Report a problem
    8/10/2025Listed for rent$2,400$1/sqft
    Source: Zillow Rentals Report a problem
    8/5/2025Sold$335,000-4.3%$205/sqft
    Source: Space Coast AOR #1050235 Report a problem
    7/3/2025Pending sale$350,000$214/sqft
    Source: Space Coast AOR #1050235 Report a problem
    6/27/2025Listed for sale$350,000+179.8%$214/sqft
    Source: Space Coast AOR #1050235 Report a problem
    9/28/2001Sold$125,100+346.8%$76/sqft
    Source: Public Record Report a problem
    5/14/2001Sold$28,000$17/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,727 +9.9%$135,100 +2.9%
    2024$1,572 +2.2%$131,300 +3%
    2023$1,538 +8.1%$127,480 +3%
    2022$1,423 -3%$123,770 +3%
    2021$1,468 +3.6%$120,170 +1.4%
    2020$1,416 +0.4%$118,520 +2.3%
    2019$1,410 $115,860 +1.9%
    2018$1,410 +0.4%$113,700 +2.1%
    2017$1,405 +1.3%$111,370 +2.1%
    2016$1,387 -0.8%$109,080 +0.7%
    2015$1,398 -2.1%$108,330 +0.8%
    2014$1,428 $107,470 -9.9%
    2013-- $119,290 +14.6%
    2012$1,188 -0.8%$104,120 -0.4%
    2011$1,197 -12.8%$104,570 -13.8%
    2010$1,373 +8.1%$121,320 -11.4%
    2009$1,270 +3.3%$136,950 -16.5%
    2008$1,229 -9.8%$164,000 -6.8%
    2007$1,363 -8.4%$176,000 +0.1%
    2005$1,488 +9.9%$175,750 +32%
    2004$1,355 -1.3%$133,100 +17.9%
    2003$1,373 +3.2%$112,870 +9.2%
    2002$1,330 +1146.4%$103,400 +1623.3%
    2001$107 $6,000
    Find assessor info on the county website

    Neighborhood: 32904

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Meadowlane
    • Middle: Central
    • High: Melbourne

    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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    Estimated market value
    $328,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $328,200