Mediterranean home in Melbourne, FL
Set in Melbourne, FL, this Mediterranean home provides 5 bedrooms and 2.5 bathrooms across 3,224 square feet. It sits within the greater Miami, FL area.
| Price | $660,000 |
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| Beds | 5 |
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| Baths | 2.5 |
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| Sqft | 3224 |
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| Architectural style | Mediterranean (44% match) |
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| Address | 1675 Fuji Dr, Melbourne, FL 32940 |
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Why buy this home
- Confirmed Mediterranean architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced below comparable homes.
- At $660K, this home is 53% below the $1.4M median for 1146 similar Mediterranean homes in Miami, FL.
- That works out to $205 per square foot, 62% below the $537 comparable rate.
- On the market 16 days.
| This home | $660,000 |
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| Mediterranean median in Miami, FL | $1,396,500 (1146 homes) |
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| Price per sq ft | $205 vs. $537 comps median |
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It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $4,361/month with 20% down at a 7.28% 30-year fixed rate. You would need about $186,885 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $3,613/mo |
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| Property tax (new-buyer reassessed rate) | $501/mo |
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| Homeowners insurance | $248/mo |
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| Total monthly | $4,361/mo |
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| Down payment (20%) | $132,000 |
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| Income needed | $186,885/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B- (69 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B- (69/100) |
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| Beats renting in | 24% of modeled paths |
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| Modeled 5-yr equity (median) | $352,899 |
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| Range (10th to 90th pct) | $220,699 to $511,382 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Miami, FL where local data is thin.
Local home values
Typical home values in Miami, FL have risen about 30% over the past 5 years (0% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia