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2438 Lakes Of Melbourne Dr, West Melbourne, FL, 32904

2beds
2baths
1,400sqft
$149,900
$107price/sqft
$1,142/moest. monthly cost
$45,680/yrincome needed

About This Home

LAKEFRONT KITCHEN DINING WITH UNMATCHED WATER VIEWS! The true showpiece of this 2+ bedroom - 2 bath home is the kitchen eating area positioned directly in front of expansive windows overlooking the lake. Sit at your table and watch sunlight shimmer across the water, birds walking the shoreline, and ducks gliding by - all just steps from your window. It feels like waterfront dining every single day. Natural light pours in, enhanced by new 2-inch white blinds, creating a bright, airy atmosphere with a relaxed Key West Florida vibe that perfectly complements the setting. OPEN FLOOR PLAN WITH HIGH CEILINGS The kitchen flows seamlessly into the living and dining areas beneath high ceilings, allowing the lake views to remain the focal point throughout the main living space. KITCHEN FEATURES Breakfast bar island, open sightline into the flex room/den, and table space perfectly positioned for panoramic water views. All appliances remain, including a newer refrigerator with icemaker. DINING ROOM A dedicated dining space within the open layout offers additional entertaining options while still enjoying the waterfront backdrop. SPACIOUS GREAT ROOM / FLEX SPACE A unique oversized great room welcomes you upon entry, offering flexibility as a second living area, office, or den. LANAI / BONUS ROOM (POTENTIAL 3RD BEDROOM) The lake-facing lanai truly functions as an additional room. Previously used as a third bedroom, it features beautiful French doors and a separate entrance to the backyard deck sitting area - ideal as a bedroom, den, office, or extended living space. UPGRADES & FEATURES • All new ceiling fans • New light fixtures • New high-rise toilets • New sinks and faucets • Tile floors and grout recently cleaned This home is about the view, the light, and the lifestyle - offering true waterfront living with flexibility and thoughtful upgrades throughout. ⸻ NOTE ON LANDSCAPING Please note the recent unusual temperature temporarily affected portions of the landscaping. As we all know in the Sunshine State, with a little rain and warm weather, everything returns quickly - restoring the lush, vibrant tropical beauty Florida is known for. . This spacious LAKEFRONT home is truly move-in ready and and located within this prestigious gated 55+ bcommunity, residents enjoy upscale amenities including a recently upgraded clubhouse, resort-style pool, card and game rooms, billiards, a pickleball court newly redone in 2025, and an RV parking area at the back of the complex. Conveniently close to restaurants, shopping, hospitals, major routes, and the pristine beaches of Melbourne and Cape Canaveral, Lakes of Melbourne offers the perfect blend of luxury, comfort, and Florida lifestyle.

Getting Around

26
WalkingCar-Dependent
0
TransitVery Limited Transit
56
BikeBikeable

Schools

8/10
Riviera Elementary SchoolGrades PK-61.5 mi
2/10
6/10

Construction

Condition

  • Year built: 1991

Materials

  • Roof: Asphalt

Type & Style

  • Home type: MobileManufactured
  • Property subType: Manufactured Home

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Refrigerator,Microwave,Oven,Washer,Water Heater,Stainless Steel Appliances

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Laundry
  • Finished area above ground: 0

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central

Interior Area

  • Total structure area: 0
  • Total interior livable area: 1,400 sqft

Kitchen

  • Features: Eat-in Kitchen

Property

Details

  • On leased land: Yes
  • Lease amount: 984

Features

  • Patio & porch: Enclosed Porch
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake

Parking

  • Parking features: Carport
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Strong Wind
Wildfire
Tsunami

FEMA Declared Disasters in Brevard County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $757$9,084
Home Insurance *$104$1,248
Property Taxes $84$1,008
Electricity $197$2,366
Total$1,142$13,704
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$39,154/yr
40% on housing$34,260/yr
45% on housing$30,453/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.8%
13.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.8%
4.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$107This listing

vs Other Active Listings

Avg $/sqft

ZIP 32904$160
Brevard County$192

vs Homes Sold Last Month

Median $/sqft

ZIP 32904$209
Brevard County$209

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-02-21Listed for sale$169,000
2020-06-21Listing removed$45,000
2019-12-24Listed for sale$45,000

For Sale by Agent

AgentMary Cohen
BrokerageSunset Home Sales

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