8437 Gullen Dr, Melbourne, FL, 32940
About This Home
Practically new and move-in ready, this 5-bedroom, 4.5-bath home in Reeling Park offers over 3,500 square feet of spacious, flexible living in the heart of Addison Village. Built in 2024, the home features a first-floor primary suite, private courtyard retreat, and a separate-entry upstairs loft en-suite ideal for multigenerational living, guests, or a private work-from-home space. The open-concept main level connects the kitchen, dining, and living areas around a large center island with breakfast bar seating. The kitchen features a walk-in pantry, gas cooktop, and stainless steel appliances. A flexible front room can serve as an office, formal dining room, or playroom. Upstairs, additional bedrooms include one with a private balcony, a Jack and Jill bath, and the separate-entry loft suite. Impact-rated windows, natural gas, walk-in closets, a smart thermostat, and an attached 2-car garage add everyday convenience. The private courtyard provides an inviting outdoor retreat without the upkeep of a large backyard, perfect for morning coffee, entertaining, or enjoying the Florida weather. Residents of Addison Village enjoy resort-style amenities including multiple pools, a clubhouse and fitness center, tennis and pickleball courts, basketball, a dog park, playgrounds, and walking and jogging paths. Located within Viera's highly rated schools and zoned for Viera Elementary, Reeling Park is minutes from The Avenue Viera, shopping and dining, Viera's medical and business corridor, I-95, and the Space Coast beaches. Enjoy the space of a larger home, a low-maintenance lifestyle, and top-tier Viera amenities without the wait of building new.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 2024
Materials
- Roof: Shingle
- Construction materials: Block,Frame,Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Spanish
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Convection Oven,Dishwasher,Disposal,Electric Oven,Gas Cooktop,Refrigerator
- Laundry features: Electric Dryer Hookup,Gas Dryer Hookup,In Unit,Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Features
- Breakfast Bar,Built-in Features,Ceiling Fan(s),Eat-in Kitchen,Entrance Foyer,Guest Suite,Jack and Jill Bath,Kitchen Island,Pantry,Primary Bathroom - Shower No Tub,Primary Downstairs,Smart Thermostat,Split Bedrooms,Walk-In Closet(s)
- Flooring: Carpet,Tile
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 4,549
- Total interior livable area: 3,572 sqft
Property
Details
- Parcel number: 263621Yk000cc.00004.00
- Zoning description: Residential
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck,Patio
- Exterior features: Balcony,Courtyard,Impact Windows
- Fencing: Privacy
- Has view: Yes
- View description: Other
Lot
- Lot size: 5,662 sqft
- Features: Other
Parking
- Total spaces: 2
- Parking features: Attached,Garage
- 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
- Lightning
- Inland Flooding
- Strong Wind
- Wildfire
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Brevard County and Florida
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,944 | $47,328 |
| Home Insurance * | $473 | $5,676 |
| Property Taxes | $441 | $5,292 |
| Electricity | $359 | $4,313 |
| Total | $5,217 | $62,604 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-04 | Price change | $775,000 |
| 2026-07-29 | Price change | $779,990 |
| 2026-06-24 | Price change | $780,000 |
| 2026-06-07 | Price change | $790,000 |
| 2026-05-29 | Price change | $795,000 |
| 2026-05-05 | Listed for sale | $799,000 |
| 2025-03-21 | Sold | $774,967 |
| 2025-02-18 | Pending sale | $778,967 |
| 2025-01-03 | Price change | $778,967 |
| 2024-12-02 | Listed for sale | $777,967 |
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