One of the finest lots in Spanish Wells, 1/2 acre park like setting overlooking lake and natural preserve & active eagle nesting area. All new vinyl flooring throughout, newly painted inside & out. Stunning foyer entry leads you into this immaculate home. Primary en suite includes huge walk-in closet & private office, step in shower & tub, cozy family room, with fireplace, fully remodeled guest bath. All new in 2023 heated salt water pool, jacuzzi, new pavers, & screen enclosure. New paver extended driveway, cleaned and sealed this month. Fire pit & patio 2023, lush fenced in yard. A MUST SEE!
Sold for $725,000
$725,000
988 Spanish Wells Drive, Melbourne, FL 32940
3beds
2,629sqft
Single Family Residence
Built in 1990
0.5 Acres Lot
$711,400 Zestimate®
$276/sqft
$3,891 Estimated rent
Home value
$711,400
$647,000 - $783,000
$3,891/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Joshua D DiBiasio 772-539-2313,
Billero & Billero Properties
Bought with:
Salesperson Non Member
Non-MLS Member
Source: BeachesMLS,MLS#: R11084868
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 210
- Dimensions: 14 X 15
Kitchen
- Level: Main
- Area: 169
- Dimensions: 13 X 13
Living room
- Level: Main
- Area: 414
- Dimensions: 18 X 23
Heating
- Central, Natural Gas
Cooling
- Central Air, Gas
Appliances
- Included: Dryer, Dishwasher, Electric Range, Disposal, Gas Water Heater, Microwave, Refrigerator, Water Heater, Washer
- Laundry: Inside
Features
- Bathtub, Dual Sinks, Entrance Foyer, High Ceilings, Main Level Primary, Split Bedrooms, Soaking Tub, Separate Shower, Walk-In Closet(s)
- Flooring: Vinyl
- Doors: French Doors
- Windows: Metal, Single Hung, Skylight(s)
- Has fireplace: Yes
Interior area
- Total structure area: 3,201
- Total interior livable area: 2,629 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage, Golf Cart Garage
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Porch, Screened
- Exterior features: Outdoor Living Area
- Has private pool: Yes
- Has spa: Yes
- Spa features: Heated, In Ground
- Fencing: Fenced
- On waterfront: Yes
- Waterfront features: Lake Front, Pond
Lot
- Size: 0.5 Acres
- Features: Sprinkler System
Details
- Parcel number: 2636232500001032
- Zoning: res
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Concrete, Stucco
- Roof: Composition,Shingle
Condition
- Resale
- New construction: No
- Year built: 1990
Utilities & green energy
- Electric: 3 Phase
- Utilities for property: Cable Available, Natural Gas Available, Water Available
Community & HOA
Community
- Features: Home Owners Association
- Subdivision: SPANISH WELLS AT SUNTREE
HOA
- Has HOA: Yes
- Amenities included: None
- HOA fee: $245 monthly
Location
- Region: Melbourne
Financial & listing details
- Price per square foot: $276/sqft
- Tax assessed value: $597,100
- Annual tax amount: $7,492
- Date on market: 4/25/2025
- Cumulative days on market: 4 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2025 | Sold | $725,000$276/sqft |
Source:  BeachesMLS #R11084868 Report a problem | ||
| 4/29/2025 | Pending sale | $725,000$276/sqft |
Source: Space Coast AOR #1044247 Report a problem | ||
| 4/29/2025 | Contingent | $725,000$276/sqft |
Source:  Realtor Association of Indian River County #287543 Report a problem | ||
| 4/25/2025 | Listed for sale | $725,000+29.5%$276/sqft |
Source: Realtor Association of Indian River County #287543 Report a problem | ||
| 10/18/2022 | Sold | $560,000+1.8%$213/sqft |
Source: Public Record Report a problem | ||
| 9/24/2022 | Contingent | $550,000$209/sqft |
Source: Space Coast AOR #946476 Report a problem | ||
| 9/22/2022 | Listed for sale | $550,000+85.8%$209/sqft |
Source: Space Coast AOR #946476 Report a problem | ||
| 11/20/2003 | Sold | $296,000$113/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,758 +3.5% | $597,100 +0.2% |
| 2024 | $7,492 +18.8% | $595,960 +21.8% |
| 2023 | $6,305 +131.8% | $489,360 +138% |
| 2022 | $2,720 -3% | $205,630 +3% |
| 2021 | $2,803 +3.2% | $199,650 +1.4% |
| 2020 | $2,716 +2% | $196,900 +2.3% |
| 2019 | $2,662 | $192,480 +1.9% |
| 2018 | $2,662 -0.1% | $188,900 +2.1% |
| 2017 | $2,664 -0.6% | $185,020 +2.1% |
| 2016 | $2,680 -1.6% | $181,220 +0.7% |
| 2015 | $2,722 -3.4% | $179,970 +0.8% |
| 2014 | $2,818 | $178,550 -8.5% |
| 2013 | -- | $195,040 +12.4% |
| 2012 | $2,367 +3.8% | $173,490 +3.3% |
| 2011 | $2,281 -6.8% | $167,950 -11.3% |
| 2010 | $2,447 -15.2% | $189,270 -16.5% |
| 2009 | $2,885 -7.5% | $226,690 -12.5% |
| 2008 | $3,117 -1.7% | $259,000 -8.5% |
| 2007 | $3,171 -8.7% | $283,000 +0.8% |
| 2005 | $3,473 -2.8% | $280,690 +39.2% |
| 2004 | $3,572 +26.2% | $201,690 +11.9% |
| 2003 | $2,831 +2.9% | $180,170 +12.2% |
| 2002 | $2,752 +2.6% | $160,590 -0.9% |
| 2001 | $2,683 +7.4% | $162,130 +7.9% |
| 2000 | $2,499 | $150,250 |
Find assessor info on the county website
Neighborhood: 32940
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Nearby schools
GreatSchools rating
- 9/10Suntree Elementary SchoolGrades: PK-6Distance: 1.4 mi
- 7/10Viera Middle SchoolGrades: 7-8Distance: 3.9 mi
- 7/10Viera High SchoolGrades: PK,9-12Distance: 3.8 mi
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Estimated market value
$711,400
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Estimated market value
$711,400
- Florida
- Brevard County
- Melbourne
- 32940
- 988 Spanish Wells Drive
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