$499,900
740 Lanai Circle 102, Melbourne, Fl 32937
Melbourne, FL 32937
Listing updated: June 26, 2026 at 4:01 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Garage spaces
About this home
Welcome to Island Walk, one of the most sought-after gated beachside communities on the Space Coast! This beautifully maintained 3-bedroom, 2.5-bath townhome offers the perfect blend of luxury, convenience, and coastal living. From the paver driveway, tile roof, and lush landscaping to the soaring 10-foot ceilings and 8-foot doors, every detail has been thoughtfully designed. The open-concept floor plan seamlessly connects the kitchen, dining, and living areas, creating an ideal space for entertaining. The kitchen features gorgeous granite countertops, beautifully crafted cabinetry, and a large peninsula with seating. Upstairs, premium wood-grain luxury vinyl plank flooring extends throughout the stairs and second level, while the first floor showcases impeccably maintained tile offering both style and durability. Additional upgrades include remote-controlled power blinds, remote ceiling fans, custom pantry shelving, whole-home surge protection, a 220V 50A NEMA outlet, and ChargePoint Level 2 EV charger in the garage. Enjoy abundant storage with a spacious laundry room and additional under-stair closet. The primary suite features dual walk-in closets and a spacious bathroom with separate vanities and a large shower. Island Walk is an exclusive community of only 23 townhomes with a private resort-style pool. Walking distance to the beach, shopping, and dining, this home offers the very best of the Space Coast lifestyle.
Local Insight
At $217/sqft for a 2017 townhome with no HOA, you're getting decent value in a walkable area near downtown Melbourne's revitalized riverfront, though you'll want to verify the actual condition since the price is notably lower than comparable newer construction in the region. The Island Walk location puts you close to the arts scene and restaurants on New Haven Avenue, but you're in a condo building rather than a true single-family home—factor in that community rules and potential special assessments could emerge despite the absence of a current HOA fee, which is unusual and worth understanding why.
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
- Status: ActiveJun 26, 2026
- Listed$499,900Jun 26, 2026
- Price increased$499,900
Documents
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Subdivision
- Island Walk Townhomes Condo Ph I
- County
- Brevard
- Year built
- 2017
- Living area
- 2,308 sq ft
- Price/sq ft
- $217
- Building area
- 0 sq ft
- Lot size
- 7,405 sq ft
- Garage
- 2 spaces
- Parcel #
- 27-37-14-03-00000.0-000g.09
- MLS #
- 1081068
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Half bathrooms
- 1
Parking
- Garage spaces
- 2
Listing Details
- Listing date
- 2026-06-26
- On market date
- 2026-06-26
- Original list price
- $499,900
- Status changed
- 2026-06-26
Location
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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 26, 2026 at 4:01 PM 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.
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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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