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Back 883 Ridge Lake Drive
Off Market

883 Ridge Lake Drive

Melbourne FL 32940

3
2
2
2282 sq. ft.
3485 sq. ft.
Single-Family
Last sold for $233,500
David CableDavid Cable, last sold this property on 01 July 2025 after 40 days on market.

Overview

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.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
2282 sq. ft. floor area
3485 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Melbourne over the last 12 months, the estimated median property value of 883 Ridge Lake Drive is $458.74k.

Median value
$458.74k
Estimated value range
$233.5k - $2.2m
Median days on market
47
Estimated value trend
-8%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 883 Ridge Lake Drive

2025
Sold
$233,500
01 Jul 2025 by David Cable, of REMAX Elite | Indialantic

Happy sellers in Melbourne

81%
81% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 47 reviews in Melbourne over the last 12 months.

Local market activity for 3 bedroom single-family properties in Melbourne

In the last 12 months, 518 three-bedroom single-family properties similar to 883 Ridge Lake Drive, have been sold.

This represents a 5% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

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Robin Steininger

Robin Steininger is a recommended agent for Melbourne.  They have 39 local sales and collected 16 local reviews across the last 12 months.

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Shellie Raymond

Shellie Raymond is an award winning recommended agent for Melbourne.  They have 37 local sales and collected 16 local reviews across the last 12 months.

  •   5   (66 reviews)
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Barbara Zorn

Sellers who recommend Barbara Zorn have praised them for being local expert, responsive, clear communication, supportive, great negotiation, dedicated, and reliable

  •   5   (138 reviews)
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Catalina Schreader

Sellers who recommend Catalina Schreader have praised them for being local expert, responsive, clear communication, well-prepared, patient, pleasant, and supportive

  •   5   (52 reviews)
  •  5 Reviews in Melbourne
  •  9 Sales in Melbourne
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