1553 Payette Ln, West Melbourne, FL, 32904
About This Home
Welcome to this move-in ready two-story home featuring 5 bedrooms, 3 full baths, no carpet, and serene water views. Located in an incredibly peaceful, well-maintained neighborhood in the heart of West Melbourne, this home offers the perfect blend of comfort and convenience. Recent upgrades include a brand-new 2026 roof, 1-year-old A/C, fresh exterior paint, new blinds, and new kitchen countertops. The spacious layout features generous living and dining areas, a bright kitchen with ample cabinetry, and bedroom & full bath--ideal for guests or multi-generational living. Relax by the water from your backyard while enjoying easy access to I-95, shopping, dining, parks, top employers, highly rated schools, and the Space Coast beaches. Schedule your private showing today!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2003
Materials
- Construction materials: Block,Concrete,Frame,Stucco
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Dryer,Electric Range,Microwave,Refrigerator,Washer
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Tile,Vinyl
Heating & Cooling
- Heating features: Electric
- Cooling features: Central Air
Interior Area
- Total interior livable area: 3,622 sqft
Property
Details
- Parcel number: 2837172600000.00086.00
- Special condition: Standard
Features
- Stories: 2
- Has view: Yes
- View description: Lake,Water
- Has water view: Yes
- Water view: Lake,Water
- On waterfront: Yes
- Waterfront features: Lake Front
Lot
- Lot size: 9,147 sqft
- Features: Other
Parking
- Total spaces: 2
- Parking features: 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
- Tornado
- 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 | $2,654 | $31,848 |
| Home Insurance * | $365 | $4,380 |
| Property Taxes | $627 | $7,524 |
| Electricity | $364 | $4,374 |
| Total | $4,010 | $48,120 |
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 |
|---|---|---|
| 2026-07-17 | Listed for sale | $525,000 |
| 2023-05-31 | Listing removed | -- |
| 2023-05-25 | Listed for rent | $3,300 |
| 2022-01-17 | Listing removed | -- |
| 2021-10-28 | Listed for sale | $510,000 |
| 2021-09-29 | Listing removed | -- |
| 2021-08-02 | Listed for sale | $520,000 |
| 2017-05-18 | Listing removed | $2,100 |
| 2017-04-15 | Listed for rent | $2,100 |
| 2017-03-20 | Listing removed | $320,000 |
| 2017-03-11 | Price change | $320,000 |
| 2016-10-12 | Price change | $330,000 |
| 2016-07-29 | Listed for sale | $359,900 |
| 2014-03-25 | Sold | $199,000 |
| 2014-01-23 | Listed for sale | $209,900 |
| 2013-12-11 | Listing removed | $209,900 |
| 2013-11-15 | Listed for sale | $209,900 |
| 2008-05-23 | Listing removed | $339,900 |
| 2008-02-02 | Listed for sale | $339,900 |
| 2004-02-20 | Sold | $291,000 |
| 2003-06-04 | Sold | $49,700 |
View on Zillow