1340 Democracy Ave Melbourne, FL 32940
Estimated payment $2,470/month
Highlights
- On Golf Course
- Gated with Attendant
- Active Adult
- Fitness Center
- Fishing
- RV or Boat Storage in Community
About This Home
Located in a resort-style country club community, offering top-notch amenities for an exceptional Florida lifestyle. Step into a grand entryway featuring elegant double doors, wood-look porcelain tile flooring, vaulted ceilings, and refined crown molding. The upgrades continue into the expanded kitchen, showcasing granite countertops and ample space for culinary creativity. A bonus office space provides added flexibility for work or hobbies. Perfect for entertaining or simply unwinding, this spacious home offers stunning panoramic views of both the tranquil water and golf course. Enjoy your morning coffee or evening sunsets from the screened lanai, where the peaceful scenery creates the perfect backdrop for everyday living.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,553
Year Built
- Built in 1988
Lot Details
- 0.31 Acre Lot
- Property fronts a private road
- On Golf Course
- East Facing Home
Parking
- 3 Car Attached Garage
Property Views
- Pond
- Golf Course
Home Design
- Frame Construction
- Shingle Roof
- Asphalt
- Stucco
Interior Spaces
- 2,361 Sq Ft Home
- 1-Story Property
- Crown Molding
- Vaulted Ceiling
- Ceiling Fan
- Screened Porch
Kitchen
- Electric Range
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Dual Closets
- 3 Full Bathrooms
- Shower Only
Laundry
- Dryer
- Washer
Schools
- Quest Elementary School
- Kennedy Middle School
- Viera High School
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 26-36-03-01-0000b.0-0106.00
Community Details
Overview
- Active Adult
- Property has a Home Owners Association
- Association fees include cable TV, internet, ground maintenance, maintenance structure, pest control
- $1,308 Other Monthly Fees
- Indian River Colony Club Association
- Indian River Colony Club Pud Phase 1 Unit 2 Subdivision
- Maintained Community
Recreation
- RV or Boat Storage in Community
- Golf Course Community
- Tennis Courts
- Shuffleboard Court
- Fitness Center
- Community Pool
- Fishing
Additional Features
- Clubhouse
- Gated with Attendant
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,337 | $186,610 | -- | -- |
| 2024 | $4,553 | $171,750 | -- | -- |
| 2023 | $4,553 | $315,500 | $47,250 | $268,250 |
| 2022 | $1,492 | $113,060 | $0 | $0 |
| 2021 | $1,501 | $109,770 | $0 | $0 |
| 2020 | $1,411 | $108,260 | $0 | $0 |
| 2019 | $1,344 | $105,830 | $0 | $0 |
| 2018 | $1,333 | $103,860 | $0 | $0 |
| 2017 | $817 | $101,730 | $0 | $0 |
| 2016 | $769 | $99,640 | $23,000 | $76,640 |
| 2015 | $824 | $98,950 | $23,000 | $75,950 |
| 2014 | $825 | $98,170 | $18,000 | $80,170 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/15/2025 10/15/25 | Price Changed | $399,000 | -6.1% | $169 / Sq Ft | |
| 07/17/2025 07/17/25 | For Sale | $425,000 | +22.5% | $180 / Sq Ft | |
| 09/05/2023 09/05/23 | Sold | $347,000 | -4.9% | $147 / Sq Ft | View Prior Sale |
| 08/09/2023 08/09/23 | Pending | -- | -- | -- | |
| 07/05/2023 07/05/23 | Price Changed | $365,000 | -6.2% | $155 / Sq Ft | |
| 06/01/2023 06/01/23 | Price Changed | $389,000 | -7.4% | $165 / Sq Ft | |
| 03/07/2023 03/07/23 | For Sale | $420,000 | -- | $178 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $100 | Southern Capital Title Agency | |
| Warranty Deed | $100 | Southern Capital Title Agency | |
| Warranty Deed | $347,000 | Southern Capital Title Agency | |
| Warranty Deed | $347,000 | Southern Capital Title Agency | |
| Warranty Deed | $185,000 | -- | |
| Warranty Deed | $169,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $281,600 | New Conventional | |
| Closed | $281,600 | New Conventional | |
| Previous Owner | $264,550 | New Conventional |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1051981
APN: 26-36-03-01-0000B.0-0106.00
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