Video tour
$10,000 Closing Credit¹
#1035789, Richard V Harris, Listing Office: Crossover Commercial Group, In
$880,000 List price
7072 Mercado Ln Melbourne, FL 32940
$10,000
Closing credit¹
5 beds
4 full, 1 partial
3,446 sqft
0.2 acres
$255 / sqft
House
Property details
About 7072 Mercado Ln
Welcome to this stunning 5-bedroom, 4.5-bathroom home nestled in the highly sought-after Arrivas Village community of Viera! This Spanish-style beauty offers an ideal blend of elegance, comfort, and modern convenience, perfect for those seeking a vibrant and upscale lifestyle. This Mecina Model with an oversized courtyard area boasts an open-concept floor plan with high ceilings, elegant finishes, and abundant natural light. The gourmet kitchen has upgraded granite countertops, stainless steel appliances and spacious island. The first-floor primary suite provides a private retreat with a soaking tub, and a walk-in shower. Upstairs, you'll find four additional bedrooms, including a secondary suite with its own private bath, perfect for guests or multi-generational living. Enjoy the Florida lifestyle with a beautifully designed courtyard and upstairs balcony overlooking the lake. The home also features a two-car garage, plus a golf cart garage with a rear-entry design.
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
Virtual tour
Summary
- 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: 3/14/2025, 10:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$880,000
7072 Mercado Ln
$10,000
closing credit¹
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Seller rebate
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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. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.
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
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: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 7, 2025 and is currently priced at $880,000.
In February 2025 more than 20 listings in Melbourne, FL were sold above the asking price. During the same period more than 48 listings were sold at asking price, while more than 133 were sold below. Between January and February 2025, Melbourne, FL real estate market has seen increase in the number of listings by 10.1%. In February 2025 median list price was $416,729 and the average listing age was 69 days.
From Rocket Homes Real Estate and based on county public records data.