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For sale
  • Price cut: $5K (3/30)
    $324,000

    116 Oak Lake Rd, Melbourne, FL 32901

    3beds
    1,602sqft
    : 
    Single Family Residence
    Built in 1991
    7,840.8 Square Feet Lot
    $-- Zestimate®
    $202/sqft
    $24/mo HOA

    What's special

    Waterproof flooringScreen enclosed patio
    Beautifully updated and open floor plan. You will love this open and spacious 3/2 with 1600'ft is great for starting a family or looking to downsize. home features waterproof flooring, 5 inch baseboards, updated kitchen with stainless appliances. Screen enclosed patio and fully fenced back yard with a 2 car garage. PLUS New roof will be installed before closing. Come see this one today.
    15 days
    |
    1,328
    |
    84
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: March 30, 2026 at 07:16am

    Listed by:

    Troy L Peterson 407-592-6377,

    IGC Realty

    Source: Space Coast AOR,MLS#: 1072603

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Tankless Water Heater
      • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
      Features
      • Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Open Floorplan, Primary Bathroom - Shower No Tub, Split Bedrooms, Vaulted Ceiling(s)
      • Flooring: Laminate
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,602 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage, Garage Door Opener, Off Street, On Street
      • Attached garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Rear Porch, Screened
      • Exterior features: Storm Shutters
      • Fencing: Back Yard,Wood
      Lot
      • Size: 7,840.8 Square Feet
      • Features: Few Trees, Other
      Details
      • Additional parcels included: 2827418
      • Parcel number: 283715530000c.00013.00
      • Special conditions: Owner Licensed RE,Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Frame, Vinyl Siding
      • Roof: Shingle
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1991

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: South Lakes Phase I
      HOA
      • Has HOA: Yes
      • HOA fee: $286 annually
      • HOA name: South Lakes HOA
      • HOA phone: 321-638-8880
      Location
      • Region: Melbourne

      Financial & listing details

      • Price per square foot: $202/sqft
      • Tax assessed value: $242,070
      • Annual tax amount: $4,132
      • Date on market: 3/21/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/30/2026Price change$324,000-1.5%$202/sqft
        Source: Space Coast AOR #1072603 Report a problem
        3/21/2026Listed for sale$329,000+49.5%$205/sqft
        Source: Space Coast AOR #1072603 Report a problem
        5/24/2023Sold$220,000-24.1%$137/sqft
        Source: Public Record Report a problem
        3/9/2023Listed for sale$289,900$181/sqft
        Source: Space Coast AOR #959259 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$4,286 +451.4%$242,070 +168.3%
        2023$777 +2.7%$90,210 +3%
        2022$757 -12.9%$87,590 +3%
        2021$870 +1.8%$85,040 +1.4%
        2020$854 +1%$83,870 +2.3%
        2019$846 $81,990 +1.9%
        2018$846 +1.4%$80,470 +2.1%
        2017$834 +1.2%$78,820 +2.1%
        2016$825 -0.8%$77,200 +0.7%
        2015$831 +0.1%$76,670 +0.8%
        2014$830 $76,070 -10.8%
        2013-- $85,320 +15.8%
        2012$742 -10.7%$73,700 -6.1%
        2011$831 -25.5%$78,510 -19.5%
        2010$1,116 +11.4%$97,570 -9%
        2009$1,002 +2.6%$107,240 -21.1%
        2008$976 -16.8%$136,000 -13.9%
        2007$1,174 +2%$158,000 +15%
        2005$1,151 -1%$137,390 +34.3%
        2004$1,162 -0.7%$102,310 +12.8%
        2003$1,170 +4.9%$90,710 +8.1%
        2002$1,115 +3.1%$83,950 +2.4%
        2001$1,082 +6.9%$82,010 +10.4%
        2000$1,012 $74,300

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $2,001/mo
        Principal & interest
        $1580
        Property taxes
        $397
        HOA Fees
        $24
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          Climate risks

          Neighborhood: 32901

          Getting around

          34 / 100
          Car-Dependent
          43 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: University Park
          • Middle: Stone
          • High: Palm Bay

          Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

          Local experts in 32901

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