$285,000
PENDING

775 Russo Dr Melbourne, FL 32901

Estimated payment $1,910/month

4 Beds
2.5 Baths
2,960 Sq Ft
$96 Price per Sq Ft

Highlights

  • View of Trees or Woods
  • Loft
  • Porch
  • Open Floorplan
  • Hurricane or Storm Shutters
  • 2 Car Attached Garage

About This Home

Investor Special - Spacious Lakefront Home with Endless Potential!Don't miss this rare opportunity to own a nearly 3,000 sq. ft. lakefront home offering incredible value and privacy. Located next to an unbuildable lot, this property provides extra seclusion in a serene setting. The home features granite countertops in the kitchen and bathrooms, custom built-ins in the master walk-in closet and pantry, and an open back porch with breathtaking long-range views of the lake.While the home does need remodeling, many upgrades are already in place—making it the perfect investment or renovation project. With its unbeatable price per square foot and stunning location, this property is a hidden gem waiting to be restored. Schedule your showing today and imagine the possibilities!

Listing Agent

Randy Neuman

BHHS Florida Realty License #3265003

BHHS Florida Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,574

Year Built

  • Built in 2008

Lot Details

  • 6,970 Sq Ft Lot
  • North Facing Home
  • Zero Lot Line

HOA Fees

  • $24 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Pond
  • Woods

Home Design

  • Fixer Upper
  • Frame Construction
  • Shingle Roof
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 2,960 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Loft

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry on lower level
  • Washer and Electric Dryer Hookup

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Porch

Schools

  • University Park Elementary School
  • Stone Middle School
  • Palm Bay High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 28-37-15-83-00000.0-0031.00

Community Details

Overview

  • Eagle Lake North Homeowner's Association, Phone Number (321) 733-3382
  • Eagle Lake N Subdivision
  • Maintained Community

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,574

Year Built

Built in 2008

Lot Details

0

HOA Fees

$24 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, In Unit, Lower Level, Washer Hookup
  • ResoLotFeatures: Zero Lot Line
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso View: Pond, Trees/Woods
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Maintenance Grounds, Management - Full Time, Management - Off Site, Park
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Eagle Lake N
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Fixer
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • ViewPond: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Total Bedrooms: 9
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Laundry Features:In Unit: Yes
  • Community Features:Street Lights: Yes
  • Community Features:Sidewalks: Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Roof: Shingle
  • Acres: 0.16
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Frame, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Storm Shutters: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Zero Lot Line: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 293.0
  • Association Fee Frequency: Annually
  • Association Name: EAGLE LAKE NORTH HOMEOWNER'S ASSOCIATION
  • Phone: 321-733-3382
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: EAGLE LAKE NORTH HOMEOWNER'S ASSOCIATION
  • General Property Information:Association Fee: 293.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Park: Yes

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Current Use: Residential, Single Family
  • Land Lease: No
  • Lot Size Sq Ft: 6970.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2862550
  • Parcel #: 28-37-15-83-00000.0-0031.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3574.0

MLS Schools

  • Elementary School: University Park
  • High School: Palm Bay

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,492 $234,560 $0 $0
2022 $3,284 $227,730 $0 $0
2021 $3,330 $221,100 $0 $0
2020 $3,294 $218,050 $27,500 $190,550
2019 $3,400 $217,220 $27,500 $189,720
2018 $4,297 $220,070 $27,500 $192,570
2017 $4,008 $197,780 $16,500 $181,280
2016 $3,956 $184,620 $8,250 $176,370
2015 $1,886 $124,650 $8,250 $116,400
2014 $1,857 $123,670 $5,500 $118,170
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 For Sale $285,000 +32.6% $96 / Sq Ft
04/22/2025 04/22/25 Pending -- -- --
06/29/2016 06/29/16 Sold $215,000 -2.2% $73 / Sq Ft
04/03/2016 04/03/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $219,900 0.0% $74 / Sq Ft
02/20/2016 02/20/16 Pending -- -- --
02/01/2016 02/01/16 Price Changed $219,900 -2.2% $74 / Sq Ft
01/21/2016 01/21/16 For Sale $224,900 0.0% $76 / Sq Ft
01/15/2016 01/15/16 Pending -- -- --
10/24/2015 10/24/15 Price Changed $224,900 -1.8% $76 / Sq Ft
09/15/2015 09/15/15 Price Changed $229,000 -2.6% $77 / Sq Ft
07/24/2015 07/24/15 For Sale $235,000 -- $79 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Deed History

Date Type Sale Price Title Company
Warranty Deed $215,000 Title Security And Escrow Of
Warranty Deed $189,900 B D R Title Corporation
Warranty Deed $52,000 B D R Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $161,250 No Value Available
Previous Owner $154,828 No Value Available
Source: Public Records

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Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1044061

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-15-83-00000.0-0031.00