RENTED AUG 20, 2025

787 Preakness Dr Melbourne, FL 32904

Estimated Value: $338,000 - $382,000

4 Beds
2 Baths
1,636 Sq Ft
$216/Sq Ft Est. Value

Last Sold August 05, 2025

Last sale price $335,000 $205 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,005/month

Highlights

  • 75 Feet of Waterfront
  • Lake View
  • Contemporary Architecture
  • Home fronts a pond
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of August 2025

Charming and cozy tropical living looking over beautiful lake featuring well laid out 4 bedrooms, 2 full baths with vaulted ceiling split floor plan with, centrally located kitchen, formal dining and living room. Back porched screened for privacy. Home is centrally located in highly sought after neighborhood of West Melbourne. Walking distance to A rated schools from kindergarten to 8th grades. Close to shopping, freeway, Grumman and Harris, 15 minutes to river and beach. Home has never been rented. new carpet, new roof, washer/dryer included.

Last Agent to Rent the Property

Lien Nguyen

Red 275 License #3077925 Listed on: 08/10/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 8,712 Sq Ft Lot
  • Home fronts a pond
  • 75 Feet of Waterfront
  • Lake Front
  • West Facing Home

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 420 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Property Views

  • Lake
  • Pond

Home Design

  • Contemporary Architecture
  • Asphalt

Interior Spaces

  • 1,636 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Home Security

  • Smart Thermostat
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Water Access
  • Patio

Schools

  • Meadowlane Elementary School
  • Central Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Hot Water Heating System
  • Separate Meters
  • Separate Water Meter
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Saddlebrooke HOA
  • Saddlebrooke Of W Melbourne A Replat Of Saddleb Subdivision

Listing and Financial Details

  • Security Deposit $2,400
  • Property Available on 8/10/25
  • Tenant pays for cable TV, electricity, grounds care, hot water, pest control, sewer, telephone, trash collection, water
  • The owner pays for association fees, common area maintenance, HVAC maintenance, insurance, management, repairs, roof maintenance, taxes
  • Rent includes management
  • $70 Application Fee
  • Assessor Parcel Number 28-37-07-81-00000.0-0110.00

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

HOA Fees

$25 per month

Parking

420

Rental Info

  • Furnished: Unfurnished
  • Rent Includes: Management
  • Tenant Pays: Cable TV, Electricity, Grounds Care, Hot Water, Pest Control, Sewer, Telephone, Trash Collection, Water
  • Lease Term: 12 Months
  • Owner Pays: Association Fees, Common Area Maintenance, HVAC Maintenance, Insurance, Management, Repairs, Roof Maintenance, Taxes
  • Available Date: 2025-08-10

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2001
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Lower Level, Washer Hookup
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso View: Lake, Pond
  • ResoSecurityFeatures: Smoke Detector(s)
  • ResoSpecialListingConditions: Smoking Prohibited
  • Subdivision Name: Saddlebrooke of W Melbourne A Replat of Saddleb
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 28-37-07-81-00000.0-0110.00
  • Location Tax and Legal Elementary School: Meadowlane
  • Location Tax and Legal Middle School2: Central
  • Location Tax and Legal High School: Melbourne
  • General Property Information Living Area2: 1636.0
  • General Property Information Building Area Total3: 2262.0
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Stories Total: 1
  • Interior Features Butler Pantry: Yes
  • Utilities Sewer Available: Yes
  • General Property Information Water Frontage Feet: 75
  • Pets Allowed No: Yes
  • Deposits and Fees Application Fee: 70.0
  • Deposits and Fees Security Deposit: 2400.0
  • Utilities Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Separate Electric Meters: Yes
  • Utilities Separate Water Meters: Yes
  • Special Listing Conditions Smoking Prohibited: Yes
  • Utilities Cable Connected: Yes
  • Utilities Water Connected: Yes
  • Laundry Features Lower Level: Yes
  • Architectural Style Contemporary: Yes
  • Marketing Remarks:Marketing Remarks: Charming and cozy tropical living looking over beautiful lake featuring well laid out 4 bedrooms, 2 full baths with vaulted ceiling split floor plan with, centrally located kitchen, formal dining and living room. Back porched screened for privacy. Home is centrally located in highly sought after neighborhood of West Melbourne. Walking distance to A rated schools from kindergarten to 8th grades. Close to shopping, freeway, Grumman and Harris, 15 minutes to river and beach.
  • General Property Information:Pool Private YN: No
  • General Property Information Water Body Access YN3: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Butler Pantry, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Open Floorplan, Primary Bathroom -Tub with Separate Shower, Smart Thermostat, Split Bedrooms, Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Plumbed For Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Smart Thermostat: Yes
  • Community Features:Street Lights: Yes
  • Community Features:Sidewalks: Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Acres: 0.2
  • Pool Private: No
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Direction Faces: West
  • Patio And Porch Features: Covered, Glass Enclosed, Patio, Porch, Rear Porch, Screened
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • View:Lake: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Patio And Porch Features:Glass Enclosed: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 420.0
  • Parking Features: Attached, Garage, Garage Door Opener, Off Street, On Street
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 420.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected, Separate Electric Meters, Separate Water Meters
  • Heating: Central, Electric, Heat Pump, Hot Water
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Heating:Heat Pump: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association Name: Saddlebrooke HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Saddlebrooke HOA
  • General Property Information:Association Fee: 300.0
  • General Property Information:Association Fee Frequency: Annually
  • Owner Pays:Association Fees: Yes

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-07-81-00000.0-0110.00

MLS Schools

  • Elementary School: Meadowlane
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2025
Closed on
Aug 4, 2025
Sold by
Strasburg Dennis W
Bought by
Pham Catherine Thu-Quynh
Seller's Agent
Lien Nguyen
Red 275
Sold Price
$2,400
Views
2
Current Estimated Value
$353,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,223
Avg. Annual Appreciation
13.75%

Purchase Details

Closed on
Sep 25, 2001
Sold by
Holiday Builders Inc
Bought by
Strasburg Dennis W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,070
Interest Rate
6.89%

Purchase Details

Closed on
May 9, 2001
Sold by
Saddlebrooke Land Dev Co
Bought by
Holiday Bldr Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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 Buyer Sale Price Title Company
Pham Catherine Thu-Quynh $335,000 Prestige Title Of Brevard
Pham Catherine Thu-Quynh $335,000 Prestige Title Of Brevard
Strasburg Dennis W $125,100 --
Holiday Bldr Inc $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strasburg Dennis W $125,070
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2025 08/20/25 Rented $2,400 0.0% --
08/11/2025 08/11/25 Under Contract -- -- --
08/10/2025 08/10/25 For Rent $2,400 0.0% --
08/05/2025 08/05/25 Sold $335,000 -4.3% $205 / Sq Ft View Prior Sale
07/03/2025 07/03/25 Pending -- -- --
06/27/2025 06/27/25 For Sale $350,000 -- $214 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

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 $1,572 $135,100 -- --
2024 $1,538 $131,300 -- --
2023 $1,538 $127,480 -- --
2022 $1,423 $123,770 $0 $0
2021 $1,468 $120,170 $0 $0
2020 $1,416 $118,520 $0 $0
2019 $1,410 $115,860 $0 $0
2018 $1,405 $113,700 $0 $0
2017 $1,387 $111,370 $0 $0
2016 $1,398 $109,080 $38,500 $70,580
2015 $1,430 $108,330 $38,500 $69,830
2014 $1,428 $107,470 $33,000 $74,470
Source: Public Records

Agents Affiliated with this Home

  • L

    Landlord's Agent in 2025

    Lien Nguyen

    Red 275

    (321) 537-1356

    15 in this area

    37 Total Sales

    Lien Nguyen
    Section Image

  • S

    Seller's Agent in 2025

    Shannon Lynch

    Compass Florida, LLC

    (321) 795-7406

    3 in this area

    14 Total Sales

    Shannon Lynch
    Section Image
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Map

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

MLS Number: 1054147

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-07-81-00000.0-0110.00

Florida Brevard County Melbourne 32904

787 Preakness Dr, Melbourne, FL

Not Listed for Sale

Detached

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