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$324,000 -$5,000 (-1.52%) Price Reduced
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Property Description
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.
Full Property Details
Full Property Details for 116 Oak Lake Rd
General
- Price: $324,000
- HOA FEE: $24/month
- HOA FEE FREQ.: Annually
- Taxes: $4,132 (2025)
- Status: Active
- Type: Single Family
- Source: BrevardCounty
- MLS ID: 1072603
- Updated: 3/30/2026
- Added to Site: 13 day(s) ago
Interior
- Interior Features: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Open Floorplan, Primary Bathroom - Shower No Tub, Split Bedrooms, Vaulted Ceiling(s)
- Appliances: Dishwasher, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Tankless Water Heater
- Furnishings: Negotiable
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior
- Exterior Features: Storm Shutters
- Porch/Patio/Deck: Covered, Rear Porch, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Attached, Garage, Garage Door Opener, Off Street, On Street
Location
- Area: 330 - Melbourne - Central
- County: Brevard
- Subdivision: South Lakes Phase I
- Driving Directions: From Babcock south of Eber turn east on SunLake, then left onto Silver lake, Rt onto Oak lake. House is 2nd on Left.
- Direction Faces: South
School Information
- Elementary School: University Park
- Middle School: Stone
- High School: Palm Bay
Community
- Association: Yes
- Assoc. Name: South Lakes HOA
- Pets Allowed: Yes
- Pet Restrictions: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Ranch
- Exterior Const.: Frame, Vinyl Siding
- Roof: Shingle
- Stories/Levels: 1
- Square Feet: 1,602
- Living Area: 1,602 Sq. Ft.
- Current Bldg. Use: Residential, Single Family
- Year Built: 1991
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,841
- Frontage: City Street
- Street/Road Desc.: Asphalt
- Lot Features: Few Trees, Other
- Fencing (Description): Back Yard, Wood
Financial Considerations
- Price Per Sq. Ft.: $202.25
- Association Fee: Yes
- Association Fee: $286
- Assoc Fee Freq.: Annually
- Tax Amount: $4,132.81
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Owner Licensed RE, Standard
- Property ID: 28-37-15-53-0000c.0-0013.00
Listed by IGC Realty
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Schools
Schools serving 116 Oak Lake Rd
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Palm Bay Magnet Senior High School 101 Pirate Lane, Melbourne, FL 32901 | 9-12 | 0.3 mi |
University Park Elementary School 500 West University Boulevard, Melbourne, FL 32901 | PK-6 | 1.5 mi |
Stone Magnet Middle School 1101 East University Boulevard, Melbourne, FL 32901 | 7-8 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 116 Oak Lake Rd
Date
Details
Price
Change
Source
3/30/2026
Price Reduced
$324,000
-1.52%
MLS
3/21/2026
Listed
$329,000
49.55%
MLS
5/23/2023
Sold
$220,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 116 Oak Lake Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,286
—
$268,740
11%
2024
$4,286
452%
$242,070
168%
2023
$777
3%
$90,210
3%
2022
$757
-13%
$87,590
3%
2021
$870
—
$85,040
1%
2021
$870
4%
$83,870
4%
2018
$834
1%
$80,470
2%
2017
$825
-2%
$78,820
-4%
2019
$846
2%
$81,990
6%
2016
$831
-2%
$77,200
1%
2015
$845
2%
$76,670
1%
2014
$830
2%
$76,070
1%
2013
$817
—
$74,950
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 116 Oak Lake Rd
116 Oak Lake Road, Melbourne, FL 32901 (MLS# 1072603) is a Single Family property with 3 bedrooms and 2 full bathrooms. 116 Oak Lake Road is currently listed for $324,000 and was received on March 21, 2026. Want to learn more about 116 Oak Lake Road? Do you have questions about finding other Single Family real estate for sale in Melbourne? You can browse all Melbourne real estate or contact a Coldwell Banker agent to request more information.

