NOT LISTED FOR SALE

787 Preakness Dr Melbourne, FL 32904

West Melbourne Area

Estimated Value: $326,000 - $357,568

4 Beds
2 Baths
1,636 Sq Ft
$207/Sq Ft Est. Value

Sale Details

Date Sold: August 5, 2025

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

Est. 1% increase in value since last sale

Current estimated payment $2,042 / mo

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

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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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
  • 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, pest control, sewer, trash collection, water, hot water, telephone
  • 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

8,712 Sq Ft Lot

HOA Fees

$25 per month

Parking

420

Rental Info

  • Furnished: Unfurnished
  • Rent Includes: Management
  • Tenant Pays: Cable TV, Electricity, Grounds Care, Pest Control, Sewer, Trash Collection, Water, Hot Water, Telephone
  • 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
  • General Property Information Water Frontage Feet: 75
  • Deposits and Fees Application Fee: 70.0
  • Deposits and Fees Security Deposit: 2400.0
  • 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 Water Body Access YN3: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Entrance Foyer, Eat-in Kitchen, Open Floorplan, Smart Thermostat, Walk-In Closet(s), Primary Bathroom -Tub with Separate Shower, Butler Pantry, Split Bedrooms
  • Appliances: Dryer, Disposal, Dishwasher, 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

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 420.0
  • Parking Features: Attached, Garage, Garage Door Opener, Off Street, On Street

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

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Central

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-07-81-00000.0-0110.00

MLS Schools

  • Elementary School: Meadowlane
  • High School: Melbourne

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Seller's Agent
Lien Nguyen
Red 275
Sold Price
$2,400
Views
2
Current Estimated Value
$337,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,492
Avg. Annual Appreciation
0.78%

Purchase Details

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

Purchase Details

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Melbourne, FL

  • Catalina Schreader Real Estate Agent - Nexthome Coastal Vista

    Catalina Schreader

    Nexthome Coastal Vista

    (321) 450-8818

    56 Total Sales

    3 in West Melbourne

    $410K - $485K Price Range

    Catalina Schreader
     Section Image
  • Peggy Page Real Estate Agent - EXP Realty, LLC

    Peggy Page

    EXP Realty, LLC

    (855) 693-2944

    49 Total Sales

    2 in West Melbourne

    $183K - $395K Price Range

    Peggy Page
     Section Image
  • Richard Farb Real Estate Agent - Boardwalk Realty, LLC

    Richard Farb

    Boardwalk Realty, LLC

    (815) 706-2928

    26 Total Sales

    1 in West Melbourne

    $225,000 Price

    Richard Farb
     Section Image
  • Jama Porter Real Estate Agent - Denovo Realty

    Jama Porter

    Denovo Realty

    (321) 351-4746

    132 Total Sales

    4 in West Melbourne

    $86K - $500K Price Range

    Jama Porter
     Section Image
  • Randall Wouters Real Estate Agent - EXP Realty LLC

    Randall Wouters

    EXP Realty LLC

    (321) 335-4675

    65 Total Sales

    4 in West Melbourne

    $353K - $450K Price Range

    Randall Wouters
     Section Image
  • Shannon McLoren Real Estate Agent - Florida Homes Rlty. & Mtg. LLC

    Shannon McLoren

    Florida Homes Rlty. & Mtg. LLC

    (321) 351-3650

    26 Total Sales

    2 in West Melbourne

    $388K - $420K Price Range

    Shannon McLoren
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$335,000 Prestige Title Of Brevard
Strasburg Dennis W $125,100 --
Holiday Bldr Inc $28,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $53,485
Previous Owner Strasburg Dennis W $108,000
Previous Owner Strasburg Dennis W $19,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,727 $301,570
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

  • LN

    Landlord's Agent in 2025

    Lien Nguyen

    Red 275

    (321) 537-1356

    41 Total Sales

    Lien Nguyen
    Section Image

  • SL

    Seller's Agent in 2025

    Shannon Lynch

    Compass Florida, LLC

    (321) 795-7406

    16 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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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