$385,000
SOLD FEB 17, 2026

1340 Democracy Ave Melbourne, FL 32940

4 Beds
3 Baths
2,361 Sq Ft
13,504 Sq Ft Lot

Recently Sold

$163 Per Sq Ft

9% Below List Price

123 Days on Market

Highlights

  • On Golf Course
  • Gated with Attendant
  • Active Adult
  • Fitness Center
  • Fishing
  • RV or Boat Storage in Community

About This Home

As of February 2026

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.

Last Agent to Sell the Property

Shellie Raymond

Four Star Real Estate LLC License #3325835 Listed on: 07/17/2025

Co-Listed By

Robin Steininger

Four Star Real Estate LLC License #3364950

Last Buyer's Agent

Robin Steininger

Four Star Real Estate LLC License #3364950

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,553

Year Built

  • Built in 1988

Lot Details

  • 13,504 Sq Ft 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
  • No Tub in Bathroom
  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,553

Year Built

Built in 1988

Lot Details

0.31 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1988
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: On Golf Course
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Reso View: Golf Course, Pond
  • ResoSecurityFeatures: Gated with Guard
  • Reso Association Amenities: Cable TV, Clubhouse, Fitness Center, Gated, Golf Course, Maintenance Grounds, Maintenance Structure, Pool, RV/Boat Storage, Shuffleboard Court, Tennis Court(s), Other
  • Reso Association Fee Includes: Cable TV, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Other
  • Co List Office Mls Id: 0303441
  • Co List Office Phone: 321-255-6000
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indian River Colony Club PUD Phase 1 Unit 2
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Financial Info Electric: Underground
  • Location Tax and Legal Parcel Number2: 26-36-03-01-0000b.0-0106.00
  • Location Tax and Legal Elementary School: Quest
  • Location Tax and Legal Middle School2: Kennedy
  • Location Tax and Legal High School: Viera
  • Location Tax and Legal Tax Annual Amount: 4553.12
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 2361.0
  • General Property Information Lot Size Acres: 0.31
  • General Property Information Lot Size Square Feet2: 13504.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: Yes
  • General Property Information Direction Faces: East
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: Yes
  • General Property Information Other Fee(s) Amount: 1307.67
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • Water Source Public: Yes
  • Pets Allowed Total Number Of Pets: 2
  • General Property Information Carport YN2: No
  • Pets Allowed Number Limit: Yes
  • View Golf Course2: Yes
  • Security Features Gated with Guard: Yes
  • Utilities Sewer Connected: Yes
  • Electric Underground: Yes
  • General Property Information CDD Fee YN: No
  • Association Amenities Cable TV2: Yes
  • Utilities Cable Connected: Yes
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 1
  • Road Frontage Type Private Road: Yes
  • Interior Features Primary Bathroom - Shower No Tub: Yes
  • Architectural Style Ranch: Yes
  • Marketing Remarks:Marketing Remarks: Home to over 600 Military Veterans, Indian River Colony Club is a 55+ Private Country Club community with an extensive maintenance program for each home. It includes a Gordon Lewis designed 18-hole golf course, the At Ease Club fine dining restaurant with an executive chef, 19th Hole Restaurant and Bar, fitness center, heated swimming pool, tennis courts, croquet, bocce ball, and shuffleboard. The community is pet-friendly, guard-gated, with over 60 activity groups that have you feeling like you are on vacation. For all detailed information please contact Shellie, or Robin at 321-255-6000 ext. 1 or email us at IRCC@fourstarrealestate.com and visit IRCC's website: colonyclub.com.
  • General Property Information:Pool Private YN: No
  • Community Features Gated4: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), His and Hers Closets, Pantry, Primary Bathroom - Shower No Tub
  • Flooring: Tile, Wood, Other
  • Appliances: Disposal, Dryer, Electric Range, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 1
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:His and Hers Closets: Yes
  • Community Features:Fishing: Yes
  • Community Features:Sidewalks: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.31
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Rear Porch, Screened
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:On Golf Course: Yes
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: Yes
  • Association Fee Frequency: Monthly
  • Association Name: Indian River Colony Club
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Indian River Colony Club
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Internet: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Shuffleboard Court: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Fee Includes:Pest Control: Yes
  • Association Amenities:Golf Course: Yes
  • Association Amenities:Gated2: Yes
  • Association Amenities:RVBoat Storage: Yes
  • Association Fee Includes:Maintenance Grounds: Yes
  • Association Fee Includes:Maintenance Structure: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Kennedy

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 13504.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-36-03-01-0000b.0-0106.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4553.12

MLS Schools

  • Elementary School: Quest
  • High School: Viera

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2025
Closed on
Feb 17, 2026
Sold by
Lindsay Leigh Ann
Bought by
Butcher Michael V and Stephens Cherelda V
Seller's Agent
Shellie Raymond
Four Star Real Estate LLC
Buyer's Agent
Robin Steininger
Four Star Real Estate LLC
List Price
$425,000
Sold Price
$385,000
Premium/Discount to List
-$40,000
-9.41%
Views
181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
88.95%
Original Mortgage
$385,000
Outstanding Balance
$385,000
Interest Rate
6.16%
Mortgage Type
VA
Estimated Equity
$20,105

Purchase Details

Closed on
Jul 30, 2024
Sold by
Connolly Suzanne P
Bought by
Linsday Leigh Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,600
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2023
Closed on
Sep 5, 2023
Sold by
John R Cleland And Clara K Cleland Trust
Bought by
Connolly Suzanne P and Lindsay Leigh Ann
Seller's Agent
Shellie Raymond
Four Star Real Estate LLC
Buyer's Agent
Robin Steininger
Four Star Real Estate LLC
List Price
$420,000
Sold Price
$347,000
Premium/Discount to List
-$73,000
-17.38%
Views
315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$264,550
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2001
Sold by
Birch Howard Leigh and Birch Patricia Irene
Bought by
Cleland John R and Cleland Clara K

Purchase Details

Closed on
Nov 12, 1999
Sold by
Bunn Ralph W
Bought by
Birch Howard Leigh and Birch Patricia Irene
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $385,000 Alliance Title
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 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $385,000 VA
Previous Owner $281,600 New Conventional
Previous Owner $264,550 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/17/2026 02/17/26 Sold $385,000 -3.5% $163 / Sq Ft
11/17/2025 11/17/25 Pending -- -- --
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
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 -- --
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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1051981

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-36-03-01-0000B.0-0106.00

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