Tour
$10,000 Closing Credit¹
#1035789, Richard V Harris, Listing office: Crossover Commercial Group, In
$819,900 List price
7072 Mercado Ln Melbourne, FL 32940
$9,736
Closing credit¹
4 beds
4 full, 1 partial
3,446 sqft
0.2 acres
$238 / sqft
House
Property details
About 7072 Mercado Ln
Highly motivated sellers! Welcome to this stunning 4-bedroom, 4.5-bathroom home nestled in the highly sought-after Arrivas Village community of Viera! The bonus room with it's own stairway access and full bathroom is well suited for multi-generational living. With low HOA fees and virtually no outside maintenance, this home offers the perfect alternative to condo living. Enjoy the Florida lifestyle with a beautifully designed courtyard on an oversized lot with a lake view. The upstairs balcony offers the perfect space for viewing rocket launches. The location is within walking distance to golf courses, shopping, dining and entertainment. Bring your golf cart, there is a garage designed just for it! The area is home to brand new schools for all ages. Easy access to I-95, makes for an quick commute to the Orlando Airport, Kennedy Space Center and Melbourne businesses.
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric, Multi Unit(s)
Size3,446 sqft
Lot size0.16 Acres
Year built2019
ParkingAdditional Parking,Attached,Garage,Garage Door Opener,Off Street,On Street
MLS #1039410
Attached garage2 spaces
ViewLake, Water
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 4
- Appliances: Dishwasher, Electric Oven, Gas Water Heater, Induction Cooktop, Microwave, Refrigerator, Tankless Water Heater, Washer, Water Softener
- Flooring Type: Carpet,Tile
- Interior: Breakfast Bar,Ceiling Fan(s),Eat-in Kitchen,Guest Suite,His and Hers Closets,Open Floorplan,Primary Bathroom -Tub with Separate Shower,Primary Downstairs,Split Bedrooms,Walk-In Closet(s)
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Additional Parking,Attached,Garage,Garage Door Opener,Off Street,On Street
- View: Lake, Water
- Exterior: Balcony, Courtyard, Storm Windows
- Architectural Style: Spanish
- Heating: Central, Electric
- Cooling: Central Air, Electric, Multi Unit(s)
- List Price: $819,900
- Price/SqFt: $237
- HOA Amount: $717 Quarterly
- Annual Tax Amount: $8,415
- Tax Year: 2023
- Lot: Sprinklers In Front, Sprinklers In Rear, Zero Lot Line
- Directions: From Stadium Parkway, turn east onto Florencia Place, Turn right onto Rodina Dr, Turn slight right onto Mercado Lane.
- Year Built: 2019
- Stories: 2
- Living Area: 3,446 SqFt
- Lot Size: 0.16 Acres
- MLS Number: 1039410
- MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
- Office Name: Real Broker, LLC
- Office Phone: (855) 450-0442
- Office Email: flbroker@therealbrokerage.com
- Listing Agent: Cynthia Lynn Young
Copyright © 2025 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2025, 8:40:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$819,900
7072 Mercado Ln
$9,736
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 23, 2020 | Home Sold | $590,000 |
| Mar 28, 2019 | Home Sold | $578,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $674,810 | $8,415 |
| 2022 | $608,440 | $7,336 |
| 2021 | $472,210 | $7,336 |
| 2020 | $369,690 | $4,995 |
| 2019 | $56,000 | $788 |
| 2018 | $56,000 | $823 |
| 2017 | $56,000 | $823 |
History based on county public records data.
Nearby schools
10
Viera Elementary School
Public District KG-6
0.8 mi
•8300 Stadium Pkwy
9
Quest Elementary School
Public District KG-6
1.1 mi
•8751 Trafford Dr
10
Manatee Elementary School
Public District KG-6
2.1 mi
•3425 Viera Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $72,301. Residents of Melbourne, FL typically earn between $35k-100k each year. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
18%
<35k
47%
35k-100k
30%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
31%
Single, No Kids
6%
Single, with Kids
40%
Married, No Kids
23%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
7%
12-17 yrs old
14%
18-34 yrs old
43%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
College Football
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Express/Express For Men
Where do the neighbors go to eat?
Panera
Bob Evans
Cracker Barrel
What do the neighbors drive?
Infiniti
Lincoln
Lexus
What do the neighbors listen to?
Adult Hits
News/Talk/Information
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7072 Mercado Ln
The listing price of 7072 Mercado Ln property is $819,900.
The property 7072 Mercado Ln is a house located in Melbourne, Florida, 32940.
Active Listing: 7072 Mercado Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7072 Mercado Ln are: Viera Elementary School (GreatSchools Rating 10/10), Quest Elementary School (GreatSchools Rating 9/10), Manatee Elementary School (GreatSchools Rating 10/10), Viera Charter School (GreatSchools Rating 8/10), John F. Kennedy Middle School (GreatSchools Rating 5/10), Jefferson Middle School (GreatSchools Rating 5/10), Viera High School (GreatSchools Rating 7/10), Rockledge High School (GreatSchools Rating 3/10), South Area Alternative Learning Center (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $8,415 (source: MLS/based on county public records data).
The last sale was on December 23, 2020 for $590,000 (source: MLS/tax record).
The property at 7072 Mercado Ln has 4 bedrooms and 4 full and 1 half bathrooms.
The property 7072 Mercado Ln is 3,446 SqFt (source: MLS/tax record).
The year of construction for 7072 Mercado Ln is 2019.
This home is located at 7072 Mercado Ln in Melbourne, FL and zip code 32940. This 3,446 square foot home, which was built in 2019, sits on a 0.16 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 7, 2025 and is currently priced at $819,900.
In May 2025, from all listings sold in Melbourne, FL there were more than 23 sold above asking price, over 189 sold below and more than 49 were sold right at the asked price. The number of listings in Melbourne, FL increased by 4.9% between April and May 2025. In May 2025, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $408,853.
From Rocket Homes Real Estate and based on county public records data.