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4703 Academic Ln, West Melbourne, FL, 32904

4beds
2baths
1,983sqft
$446,000
$225price/sqft
$3,095/moest. monthly cost
$123,800/yrincome needed

About This Home

You will love this better than new WATERFRONT home boasting a spacious, open floorplan with 9-foot ceilings and entertainer's dream kitchen. The large master bedroom is privately located at the back of the house with an oversized closet and spacious bathroom with double sinks. Lovely view of the water and preserve from master, living room and kitchen. Other features include ample closet space, tile flooring throughout and fenced backyard! The location is quiet yet so convenient to shopping, restaurants and I95. Cut through the neighborhood sidewalk gate for a short stroll to shops and restaurants!

Getting Around

20
WalkingCar-Dependent
0
TransitVery Limited Transit
58
BikeBikeable

Schools

8/10
Riviera Elementary SchoolGrades PK-60.8 mi
3/10
6/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 2018

Materials

  • Roof: Shingle
  • Construction materials: Block,Concrete,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Electric Oven,Microwave,Refrigerator,Washer
  • Laundry features: In Unit

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Pantry,Split Bedrooms,Walk-In Closet(s)
  • Flooring: Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,983 sqft

Property

Details

  • Parcel number: 283720Wt00000.00116.00
  • Special condition: Owner Licensed RE,Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Patio,Screened
  • Fencing: Back Yard,Fenced
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake Front

Lot

  • Lot size: 6,534 sqft
  • Features: Cleared
  • Lot size dimensions: 122 x 55

Parking

  • Total spaces: 2
  • Parking features: Garage,Off Street
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 $2,255$27,060
Home Insurance *$310$3,720
Property Taxes $331$3,972
Electricity $199$2,394
Total$3,095$37,140
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$106,114/yr
40% on housing$92,850/yr
45% on housing$82,533/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

$225This listing

vs Other Active Listings

Avg $/sqft

ZIP 32904$157
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)

Price History

DateEventPrice
2026-08-03Listed for sale$446,000
2025-03-28Listing removed$2,800
2025-02-15Listed for rent$2,800
2021-04-12Sold$352,000
2021-03-23Pending sale$349,500
2021-03-19Listed for sale$349,500
2018-10-30Sold$306,220

For Sale by Agent

AgentJonathan Minerick
BrokerageHomecoin.com

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