Backup offers
$10,000 Closing Credit¹
#1036459, Gregory Ellingson, Listing Office: Ellingson Properties
$230,000 List price
883 Ridge Lake Dr Melbourne, FL 32940
$2,731
Closing credit¹
3 beds
2 full
1,642 sqft
0.08 acres
$140 / sqft
House
Property details
About 883 Ridge Lake Dr
This beautiful half duplex is a lucrative investment opportunity, featuring a large, screened courtyard in the front attached to an oversized 2-car garage on one side and an extra separate storage closet on the other side, creating a private patio. The spacious one level home boasts vaulted ceilings, screened back patio for morning or afternoon relaxation. Just a two-minute to the community pool, this property ensures worry-free living with an HOA that cares for all exterior maintenance, including roofs. Located in a desirable, high-value neighborhood next to the Suntree golf course, it offers beautiful streetscaping and miles of sidewalks winding through well-maintained landscapes. Minutes away from shopping, top-rated schools, medical facilities, and just 15 minutes to the Beach, this property promises high rental demand and steady returns on investment.
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size1,642 sqft
Lot size0.08 Acres
Year built1989
ParkingAttached,Garage
MLS #1046810
Attached garage2 spaces
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Washer
- Flooring Type: Carpet,Tile
- Interior: Breakfast Nook,Ceiling Fan(s),Pantry,Primary Bathroom - Shower No Tub,Split Bedrooms,Vaulted Ceiling(s),Walk-In Closet(s)
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Attached,Garage
- Exterior: Courtyard
- Architectural Style: Half Duplex
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $230,000
- Price/SqFt: $140
- HOA Amount: $443 Monthly
- Annual Tax Amount: $1,584
- Tax Year: 2023
- Lot: Few Trees
- Directions: From Interlachen, turn left onto St. Andrews Blvd then left at Ridgeway St (community West entrance) turn left at Quail Ridge Dr home is on your left.
- Year Built: 1989
- Stories: 1
- Living Area: 1,642 SqFt
- Lot Size: 0.08 Acres
- MLS Number: 1046810
- MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
- Office Name: RE/MAX Elite
- Office Phone: (321) 752-5858
- Office Email: remaxelitebrevard@gmail.com
- Listing Agent: David Cable
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: 5/22/2025, 11:20:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$230,000
883 Ridge Lake Dr
$2,731
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $120,540 | $1,584 |
| 2022 | $117,030 | $1,468 |
| 2021 | $113,630 | $1,468 |
| 2020 | $112,070 | $1,432 |
| 2019 | $109,560 | $1,363 |
| 2018 | $107,520 | $1,360 |
| 2017 | $105,310 | $1,360 |
History based on county public records data.
Nearby schools
9
Suntree Elementary School
Public District KG-6
0.7 mi
•900 Jordan Blass Dr
9
Quest Elementary School
Public District KG-6
2.2 mi
•8751 Trafford Dr
9
Longleaf Elementary School
Public District PK-6
2.3 mi
•4290 N Wickham Rd
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 $70,728. Typical income of Melbourne, FL residents is between $35k-100k annually. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
26%
<35k
41%
35k-100k
21%
100k-200k
12%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
40%
Single, No Kids
4%
Single, with Kids
43%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
7%
12-17 yrs old
8%
18-34 yrs old
37%
35-64 yrs old
40%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Hiking/backpacking
Horse Races
Where do the neighbors shop?
Stein Mart
Nordstrom Rack
Chico's
Where do the neighbors go to eat?
Bonefish Grill
Chipotle
LongHorn Steakhouse
What do the neighbors drive?
Lincoln
Mazda
Cadillac
What do the neighbors listen to?
Classical
Rock
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 883 Ridge Lake Dr
The listing price of 883 Ridge Lake Dr property is $230,000.
The property 883 Ridge Lake Dr is a house located in Melbourne, Florida, 32940.
Active Listing: 883 Ridge Lake Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 883 Ridge Lake Dr are: Suntree Elementary School (GreatSchools Rating 9/10), Quest Elementary School (GreatSchools Rating 9/10), Longleaf Elementary School (GreatSchools Rating 9/10), Viera Charter School (GreatSchools Rating 8/10), L. B. Johnson Middle School (GreatSchools Rating 5/10), DeLaura Middle School (GreatSchools Rating 8/10), Viera High School (GreatSchools Rating 7/10), South Area Alternative Learning Center (GreatSchools Rating 1/10), Satellite High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $1,584 (source: MLS/based on county public records data).
The property at 883 Ridge Lake Dr has 3 bedrooms and 2 bathrooms.
The property 883 Ridge Lake Dr is 1,642 SqFt (source: MLS/tax record).
The year of construction for 883 Ridge Lake Dr is 1989.
This home is located at 883 Ridge Lake Dr in Melbourne, FL and zip code 32940 in the Quail Point Of Suntree neighborhood. This 1,642 square foot home, which was built in 1989, sits on a 0.08 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 21, 2025 and is currently priced at $230,000.
In April 2025 more than 27 listings in Melbourne, FL were sold above the asking price. During the same period more than 51 listings were sold at asking price, while more than 199 were sold below. The number of listings in Melbourne, FL increased by 8% between March and April 2025. The median list price of listings available in April 2025 was $410,205, while the average time on the real estate market was 57 days.
From Rocket Homes Real Estate and based on county public records data.