Tour
$8,609 Closing Credit¹
#1045668, Michelle Sales, Listing office: Blue Marlin Real Estate
$725,000 List price
988 Spanish Wells Dr Melbourne, FL 32940
$8,609
Closing credit¹
3 beds
2 full
2,629 sqft
0.5 acres
$276 / sqft
House
Property details
About 988 Spanish Wells Dr
One of the finest lots in Spanish Wells, 1/2 acre park like setting overlooking lake and natural preserve & active eagle nesting area. All new vinyl flooring throughout, newly painted inside & out. Stunning foyer entry leads you into this immaculate home. Primary en suite includes huge walk-in closet & private office, step in shower & tub, cozy family room, with fireplace, fully remodeled guest bath. All new in 2023 heated salt water pool, jacuzzi, new pavers, & screen enclosure. New paver extended driveway, cleaned and sealed this month. Fire pit & patio 2023, lush fenced in yard. A MUST SEE!
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusAccepting Backup Offers
(ActiveUnderContract)
(ActiveUnderContract)
CoolingCentral Air, Electric
Size2,629 sqft
Lot size0.5 Acres
Year built1990
ParkingAttached, Driveway, Garage
MLS #287543
Attached garage2 spaces
WaterfrontLake Front, Pond
ViewLake, Pool
Private poolYes
Summary
- Full Bathrooms: 2
- Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Heater
- Flooring Type: Vinyl
- Interior: High Ceilings, Pantry, Walk-In Closet(s), Master Downstairs
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: Yes
- Parking: Attached, Driveway, Garage
- Waterfront: Lake Front, Pond
- View: Lake, Pool
- Exterior: Rain Gutters
- Architectural Style: One Story
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $725,000
- Price/SqFt: $275
- HOA Amount: $245
- Annual Tax Amount: $6,304
- Tax Year: 2023
- Lot: Few Trees, Waterfront
- Directions: FROM 1-95 EAST ON PINEDA CAUSEWAY, LEFT ON ST ANDREWS BLVD, LEFT ON INTERLACHEN RD, LEFT ON PALM BROOK DR, RIGHT ON SPANISH WELLS DR, LEFT ON SPANISH WELLS DR, HOUSE IS ON THE LEFT.
- Year Built: 1990
- Stories: 1
- Living Area: 2,629 SqFt
- Lot Size: 0.5 Acres
- MLS Number: 287543
- MLS Name: IndianRiver
- Office Name: Billero & Billero Properties
- Office Phone: (772) 643-1493
- Listing Agent: Diana F Burklew
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Realtor Association of Indian River County. The information being provided is for consumers personal, non-commercial use and 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. Copyright© 2025 Realtor Association of Indian River County. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/28/2025, 3:45:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$725,000
988 Spanish Wells Dr
$8,609
closing credit¹
Sell your home with Rocket and save even more!
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 18, 2022 | Home Sold | $560,000 |
| Nov 20, 2003 | Home Sold | $296,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $489,360 | $6,304 |
| 2022 | $205,630 | $2,719 |
| 2021 | $199,650 | $2,719 |
| 2020 | $196,900 | $2,715 |
| 2019 | $192,480 | $2,663 |
| 2018 | $188,900 | $2,679 |
| 2017 | $185,020 | $2,679 |
History based on county public records data.
Nearby schools
9
Suntree Elementary School
Public District KG-6
1.3 mi
•900 Jordan Blass Dr
9
Quest Elementary School
Public District KG-6
1.7 mi
•8751 Trafford Dr
10
Viera Elementary School
Public District KG-6
2.4 mi
•8300 Stadium Pkwy
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 $92,290. Most Melbourne, FL residents have annual incomes between $35k-100k. Typical family type is married, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
10%
<35k
45%
35k-100k
38%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
21%
Single, No Kids
6%
Single, with Kids
42%
Married, No Kids
31%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
10%
12-17 yrs old
11%
18-34 yrs old
45%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
PGA/LPGA
Skiing/snowboarding
Where do the neighbors shop?
Nordstrom Rack
Chico's
Stein Mart
Where do the neighbors go to eat?
Chipotle
Bonefish Grill
California Pizza Kitchen
What do the neighbors drive?
Mazda
Cadillac
Lincoln
What do the neighbors listen to?
Rock
Classical
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 988 Spanish Wells Dr
The listing price of 988 Spanish Wells Dr property is $725,000.
The property 988 Spanish Wells Dr is a house located in Melbourne, Florida, 32940.
Accepting Backup Offers: 988 Spanish Wells Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 988 Spanish Wells Dr are: Suntree Elementary School (GreatSchools Rating 9/10), Quest Elementary School (GreatSchools Rating 9/10), Viera Elementary School (GreatSchools Rating 10/10), 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), Eau Gallie High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $6,304 (source: MLS/based on county public records data).
The last sale was on October 18, 2022 for $560,000 (source: MLS/tax record).
The property at 988 Spanish Wells Dr has 3 bedrooms and 2 bathrooms.
The property 988 Spanish Wells Dr is 2,629 SqFt (source: MLS/tax record).
The year of construction for 988 Spanish Wells Dr is 1990.
This home is located at 988 Spanish Wells Dr in Melbourne, FL and zip code 32940 in the Spanish Wells At Suntree neighborhood. This 2,629 square foot home, which was built in 1990, sits on a 0.50 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 25, 2025 and is currently priced at $725,000.
While more than 23 listings in Melbourne, FL in May 2025 were sold above asking price, there were more than 49 listings sold at asking price, and more than 189 were sold below. In May 2025 in Melbourne, FL there were 4.9% more homes for sale than in April. In May 2025 median list price was $408,853 and the average listing age was 56 days.
From Rocket Homes Real Estate and based on county public records data.