
787 Preakness Dr Melbourne, FL 32904
Highlights
- Lake Front
- Vaulted Ceiling
- 2 Car Attached Garage
- Melbourne Senior High School Rated A-
- Hurricane or Storm Shutters
- Walk-In Closet
About This Home
As of August 2025Wrapped in the vibrant energy of West Melbourne, this 4-bedroom, 2-bath lakefront home in Saddlebrooke blends everyday ease with the best of Florida living. Vaulted ceilings add volume to the living spaces, while integrated surround sound enhances both daily routines & entertaining. A split-bedroom layout offers privacy, with a generous walk-in closet in the primary suite. Spend mornings sipping coffee with peaceful water views & afternoons exploring nearby beaches, upscale shopping, & diverse dining—all just minutes from your doorstep. Zoned for top-rated schools & close to major entertainment destinations, this home delivers the ideal balance of relaxation & connection. Whether you're hosting friends or unwinding after a day at the coast, this home supports the lifestyle you've been looking for. From its smart layout to its scenic setting, it's a polished package of comfort, convenience & coastal charm—ready to welcome you home.
Last Agent to Sell the Property
Compass Florida, LLC License #3474447 Listed on: 06/27/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,538
Year Built
- Built in 2001
Lot Details
- 8,712 Sq Ft Lot
- Lake Front
- West Facing Home
- Front and Back Yard Sprinklers
HOA Fees
- $32 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Concrete Siding
- Block Exterior
- Stucco
Interior Spaces
- 1,636 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Lake Views
- Hurricane or Storm Shutters
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Schools
- Meadowlane Elementary School
- Central Middle School
- Melbourne High School
Utilities
- Central Air
- Heating Available
- Electric Water Heater
- Cable TV Available
Community Details
- Saddlebrooke Of West Melbourne HOA
- Saddlebrooke Of W Melbourne A Replat Of Saddleb Subdivision
- Maintained Community
Listing and Financial Details
- Assessor Parcel Number 28-37-07-81-00000.0-0110.00
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Similar Homes in Melbourne, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $335,000 | Prestige Title Of Brevard | |
Warranty Deed | $335,000 | Prestige Title Of Brevard | |
Warranty Deed | $125,100 | -- | |
Warranty Deed | $28,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $53,485 | New Conventional | |
Previous Owner | $108,000 | Unknown | |
Previous Owner | $19,000 | Credit Line Revolving | |
Previous Owner | $125,070 | No Value Available |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
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 |
07/03/2025 07/03/25 | Pending | -- | -- | -- |
06/27/2025 06/27/25 | For Sale | $350,000 | -- | $214 / Sq Ft |
Tax History Compared to Growth
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 |
---|---|---|---|---|
2024 | $1,538 | $131,300 | -- | -- |
2023 | $1,538 | $127,480 | $0 | $0 |
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 |
Agents Affiliated with this Home
-
L
Seller's Agent in 2025
Lien Nguyen
Red 275
(321) 537-1356
12 in this area
35 Total Sales
-
S
Seller's Agent in 2025
Shannon Lynch
Compass Florida, LLC
(321) 795-7406
3 in this area
13 Total Sales
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1050235

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