$335,000
SOLD AUG 5, 2025 RENTED AUG 11, 2025

787 Preakness Dr Melbourne, FL 32904

4 Beds
2 Baths
1,636 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$205 Per Sq Ft

4% Below List Price

6 Days on Market

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 2025

Wrapped 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

Shannon Lynch

Compass Florida, LLC License #3474447 Listed on: 06/27/2025

Compass Florida, LLC

Last Buyer's Agent

Lien Nguyen

Red 275 License #3077925

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,538

Year Built

Built in 2001

Lot Details

0

HOA Fees

$32 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Reso View: Lake, Water
  • Reso Association Amenities: Maintenance Grounds, Management - Full Time
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Saddlebrooke of W Melbourne A Replat of Saddleb
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • 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
  • Location Tax and Legal Tax Annual Amount: 1537.85
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 1636.0
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Lot Size Square Feet2: 8712.0
  • General Property Information New Construction YN: No
  • 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
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Utilities Sewer Available: Yes
  • Utilities Electricity Available: Yes
  • General Property Information CDD Fee YN: No
  • General Property Information Stories2: 1
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Pantry, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Community Features:Suburban: Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Acres: 0.2
  • Pool Private: No
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Storm Shutters: Yes
  • View:Lake: Yes
  • Waterfront Features:Lake Front: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 385.0
  • Association Fee Frequency: Annually
  • Association Name: Saddlebrooke of West Melbourne HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Saddlebrooke of West Melbourne HOA
  • General Property Information:Association Fee: 385.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Middle Or Junior School: Central

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2858274
  • Parcel #: 28-37-07-81-00000.0-0110.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1537.85

MLS Schools

  • Elementary School: Meadowlane
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2025
Closed on
Aug 4, 2025
Sold by
Strasburg Dennis W
Bought by
Pham Catherine Thu-Quynh
Seller's Agent
Shannon Lynch
Compass Florida, LLC
Buyer's Agent
Lien Nguyen
Red 275
List Price
$350,000
Sold Price
$335,000
Premium/Discount to List
-$15,000
-4.29%
Views
26
Current Estimated Value
$390,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,668
Avg. Annual Appreciation
1196.33%

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

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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 $335,000 Prestige Title Of Brevard
Warranty Deed $335,000 Prestige Title Of Brevard
Warranty Deed $125,100 --
Warranty Deed $28,000 --
Source: Public Records

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
Source: Public Records

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
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
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
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1050235

Space Coast MLS (Space Coast Association of REALTORS®)

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