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8043 Old Tramway Dr, Melbourne, FL, 32940

5beds
3baths
3,402sqft
$975,000
$287price/sqft
$7,216/moest. monthly cost
$288,640/yrincome needed

About This Home

You just found your new home!! This Executive Style 5 bedroom, 3 full bath, 3,402 square foot home is located in the Highly sought-after Baytree golf course gated community. Offering Newer Tile Roof 2020, Impact rated insulated windows, HVAC 2023 including Ductwork and UV filter, Interior Paint 2021, Exterior Paint 2024, Custom Chefs Kitchen with Granite Counters and sink, 6 burner gas range, vented hood 2022, hardwood flooring, renovated master bath with claw foot tub and separate shower, upgraded hurricane rated garage door, wine cellar, electric fireplace in custom built-in entertainment center, custom staircase, formal living/dining rooms, soaring ceilings in Great room, Elevated lot, and sliding glass doors that open to the Heated Saltwater Pool area perfect for entertaining. This home overlooks the Gary Player Signature golf course and lake as well as access to other amenities including tennis courts, Pickle ball, and the Baytree clubhouse. Enjoy Florida living at its finest.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

10/10
Quest Elementary SchoolGrades PK-61.2 mi
--
Devereux HospitalGrades K-121.3 mi
7/10
Viera High SchoolGrades PK,9-123.1 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 2001

Materials

  • Roof: Tile
  • Construction materials: Block,Concrete,Frame,Stucco

Type & Style

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

Interior

Appliances

  • Appliances included: Convection Oven,Dishwasher,Disposal,Dryer,Electric Water Heater,Gas Range,Plumbed For Ice Maker,Washer
  • Laundry features: Electric Dryer Hookup,Lower Level,Sink,Washer Hookup

Bedroom2

  • Level: First
  • Area: 189
  • Dimensions: 14.00 x 13.50

Bedroom3

  • Level: Second
  • Area: 192
  • Dimensions: 16.00 x 12.00

Bedroom4

  • Level: Second
  • Area: 180
  • Dimensions: 15.00 x 12.00

Bedroom5

  • Level: Second
  • Area: 182
  • Dimensions: 14.00 x 13.00

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Level: First
  • Area: 156
  • Dimensions: 13.00 x 12.00

Features

  • Breakfast Bar,Breakfast Nook,Built-in Features,Ceiling Fan(s),Central Vacuum,Entrance Foyer,Open Floorplan,Pantry,Primary Bathroom -Tub with Separate Shower,Primary Downstairs,Split Bedrooms,Walk-In Closet(s),Wine Cellar
  • Flooring: Carpet,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Electric
  • Fireplace: Yes

Great Room

  • Level: First
  • Area: 506
  • Dimensions: 23.00 x 22.00

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 4,161
  • Total interior livable area: 3,402 sqft

Kitchen

  • Level: First
  • Area: 273
  • Dimensions: 21.00 x 13.00

Laundry

  • Level: First
  • Area: 64
  • Dimensions: 8.00 x 8.00

Living Room

  • Level: First
  • Area: 208
  • Dimensions: 16.00 x 13.00

Master Bedroom

  • Level: First
  • Area: 280
  • Dimensions: 20.00 x 14.00

Other

  • Level: First
  • Area: 117
  • Dimensions: 13.00 x 9.00

Other

  • Level: First
  • Area: 104
  • Dimensions: 13.00 x 8.00

Other

  • Level: First
  • Area: 184
  • Dimensions: 23.00 x 8.00

Property

Details

  • Parcel number: 263614Rw0000i.00012.00
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: Heated,In Ground,Salt Water,Screen Enclosure,Waterfall
  • Patio & porch: Covered,Rear Porch,Screened
  • Exterior features: Impact Windows
  • Has view: Yes
  • View description: Golf Course,Lake,Pool
  • Has water view: Yes
  • Water view: Lake

Lot

  • Lot size: 10,018 sqft
  • Features: On Golf Course

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage,Garage Door Opener
  • 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
    HurricaneVery High
  • Lightning
    LightningVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Inland Flooding
Tornado
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 $4,930$59,160
Home Insurance *$592$7,104
Property Taxes $1,352$16,224
Electricity $342$4,108
Total$7,216$86,592
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$247,405/yr
40% on housing$216,480/yr
45% on housing$192,426/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

$287This listing

vs Other Active Listings

Avg $/sqft

ZIP 32940$227
Brevard County$192

vs Homes Sold Last Month

Median $/sqft

ZIP 32940$263
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
2026-08-07Price change$929,000
2026-07-17Listed for sale$975,000
2021-08-18Sold$755,000
2009-05-14Sold$450,000
2009-01-30Listing removed$550,000
2008-07-31Price change$550,000
2008-05-08Listed for sale$560,000
2001-09-05Sold$323,600
2001-01-29Sold$73,900

For Sale by Agent

AgentPaul Frommann II
BrokerageColdwell Banker Paradise

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