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870 Luminary Cir APT 105, Melbourne, FL, 32901

3beds
2baths
1,277sqft
$299,990
$235price/sqft
$2,219/moest. monthly cost
$88,760/yrincome needed

About This Home

Welcome home to this well maintained completely updated move-in ready 3 bedroom 2 bath townhouse in desirable resort-style community, featuring granite countertops, 42'' maple cabinets, stainless steel appliances, tile backsplash, and crown molding. Easy low maintenance vinyl flooring on 1st floor. Oak stair treads, spacious 2nd floor primary bedroom with bamboo flooring, tray ceiling, his/her double racked closets and updated master bath with walk in shower. Convenient 1st floor Jack-and-Jill bathroom with walk in shower. The fenced back yard is complete with 15x15 screen room with elite panel roof for strength and sound cancelling. The screened front entry provides a pleasant area for relaxing. New roof March 2025. Exterior painted 2024. Amenities include heated pool, cabana and grill area, hot tub, tennis & basketball courts, playground, Located just 15 minutes to the beach! There is nothing to do here but live the Florida lifestyle.

Getting Around

14
WalkingCar-Dependent
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 2005

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Full bathrooms: 2

Property

Lot

  • Lot size: 3,484 sqft

Parking

  • Total spaces: 1
  • Parking features: Additional Parking,Detached,Garage,Garage Door Opener,On Street
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
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 $1,516$18,192
Home Insurance *$337$4,044
Property Taxes $169$2,028
Electricity $197$2,366
Total$2,219$26,628
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$76,080/yr
40% on housing$66,570/yr
45% on housing$59,173/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

$235This listing

vs Other Active Listings

Avg $/sqft

ZIP 32901$172
Brevard County$192

vs Homes Sold Last Month

Median $/sqft

ZIP 32901$202
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

No price history available

For Sale by Agent

AgentRichard H Cote
BrokerageGood Ground Real Estate & Dev.

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