$780,000
8437 Gullen Drive, Melbourne, Fl 32940
Melbourne, FL 32940
Listing updated: June 25, 2026 at 9:13 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Garage spaces
About this home
Highly motivated. THE best price-per-square-foot value in Reeling Park. This newer-built 2024 Mecina II courtyard home in Reeling Park South at Addison Village is move-in ready, over 3,500 sq ft, and priced as one of the strongest values in Viera. Offering 4 bedrooms, 4 full baths, a half bath, first-floor primary suite, study, and upstairs bonus room, this layout gives incredible flexibility with desirable separation between the primary suite, secondary bedrooms, and bonus space for guests, media, or a second living area. The gourmet kitchen features a 36-inch gas cooktop, wall oven/microwave combo, vented hood, quartz countertops, 42-inch white cabinets, center island, walk-in pantry, and farmhouse sink. The private courtyard is perfect for outdoor dining, quiet evenings, or gatherings. Addison Village Club membership includes resort-style pools, tennis, playgrounds, clubhouse amenities, and more.
Local Insight
At $218/sqft for a brand-new 2024 build, this property is priced below the Viera median of $253/sqft, which suggests solid value—but you're paying new-construction premiums for a tight 0.13-acre lot in a subdivision without HOA protection, so factor in what that trade-off means for resale flexibility and future assessments. The 5-bed/5-bath layout on 3,572 sqft hits the practical sweet spot for the area's family-oriented market, though you'll want to verify whether the price reflects any developer incentives or builder financing that could skew the true market value of the home itself.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history
- Price reduced$780,000
Documents
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Subdivision
- Reeling Park
- County
- Brevard
- Year built
- 2024
- Living area
- 3,572 sq ft
- Price/sq ft
- $218
- Building area
- 4,549 sq ft
- Lot size
- 5,663 sq ft
- Garage
- 2 spaces
- MLS #
- 1076527
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Interior Details
- Bedrooms
- 5
- Full bathrooms
- 4
- Half bathrooms
- 1
Parking
- Garage spaces
- 2
Listing Details
- Original list price
- $799,000
Location
Property sale history
Public records8437 GULLEN DR, MELBOURNE 32940
- Mar 2025$775,000
3,572 sq ft · 0.1300 acres
Sale data from Florida public records (Department of Revenue / county property appraiser). Deemed reliable but not guaranteed; may not reflect current market or MLS status. Not Stellar MLS data.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively 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.
Based on information submitted to the MLS GRID as of June 25, 2026 at 9:13 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Brevard County listings courtesy of the Space Coast Association of REALTORS® (Space Coast MLS)
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by the MLS.
© 2026Space Coast Association of REALTORS®. All information should be independently reviewed and verified for accuracy.
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