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$795,000
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Property Description
Highly motivated sellers! Welcome to this stunning 4-bedroom, 4.5-bathroom home nestled in the highly sought-after Arrivas Village community of Viera! The bonus room with it's own stairway access and full bathroom is well suited for multi-generational living. With low HOA fees and virtually no outside maintenance, this home offers the perfect alternative to condo living. Enjoy the Florida lifestyle with a beautifully designed courtyard on an oversized lot with a lake view. The upstairs balcony offers the perfect space for viewing rocket launches. The location is within walking distance to golf courses, shopping, dining and entertainment. Bring your golf cart, there is a garage designed just for it! The area is home to brand new schools for all ages. Easy access to I-95, makes for an quick commute to the Orlando Airport, Kennedy Space Center and Melbourne businesses.
Full Property Details
Full Property Details for 7072 Mercado Ln
General
- Sold For: $795,000
- HOA FEE: $239/month
- HOA FEE FREQ.: Quarterly
- Taxes: $8,763 (2024)
- Status: Closed
- Type: Single Family
- Source: BrevardCounty
- MLS ID: 1039410
- Added to Site: 319 day(s) ago
Interior
- Interior Features: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Guest Suite, His and Hers Closets, Open Floorplan, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
- Appliances: Dishwasher, Electric Oven, Gas Water Heater, Induction Cooktop, Microwave, Refrigerator, Tankless Water Heater, Washer, Water Softener Owned
- Furnishings: Unfurnished
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Electric Dryer Hookup, In Unit, Sink, Upper Level
Additional Information
- Shared Amenities: Dog Park, Maintenance Grounds, Playground, Pool
- Security/Safety: Carbon Monoxide Detector(s), Security System Owned, Smoke Detector(s)
Exterior
- Exterior Features: Balcony, Courtyard, Impact Windows, Storm Shutters
- Porch/Patio/Deck: Covered, Porch, Screened, Side Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Additional Parking, Attached, Garage, Garage Door Opener, Off Street, On Street
Location
- Area: 217 - Viera West of I 95
- County: Brevard
- Subdivision: Arrivas Village - Phase 2
- Driving Directions: From Stadium Parkway, turn east onto Florencia Place, Turn right onto Rodina Dr, Turn slight right onto Mercado Lane.
- Direction Faces: East
School Information
- Elementary School: Quest
- Middle School: Viera Middle School
- High School: Viera
Community
- Community Features: Dog Park, Maintenance Grounds, Playground, Pool
- Association: Yes
- Assoc. Name: Arrivas Home Owners Association
- Assoc. Fees Include: Maintenance Grounds
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric, Multi Units
- Heating Type: Central, Electric
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Structural Information
- Architectural Style: Spanish
- Exterior Const.: Block, Frame, Stucco
- Roof: Tile
- Stories/Levels: 2
- Square Feet: 3,446
- Living Area: 3,446 Sq. Ft.
- Current Bldg. Use: Residential, Single Family
- Year Built: 2019
Lot Features
- Property View: Lake, Water
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,970
- Frontage: County Road
- Street/Road Desc.: Asphalt, Paved
- Lot Features: Sprinklers In Front, Sprinklers In Rear, Zero Lot Line
- Fencing (Description): Wrought Iron
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $237.93
- Association Fee: Yes
- Association Fee: $717
- Assoc Fee Freq.: Quarterly
- Other Assoc Fees: $280
- Tax Amount: $8,763.28
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 26-36-09-52-0000z.0-0002.00
Listed by Real Broker, LLC
Sold by RE/MAX Elite
Get Pre-Approved Today
Schools
Schools serving 7072 Mercado Ln
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Quest Elementary School 8751 Trafford Drive, Melbourne, FL 32940 | K-6 | 1.1 mi |
Viera High School 6103 Stadium Pkwy, Viera, FL 32940 | 9-12 | 1.2 mi |
John F. Kennedy Middle School, Rockledge, FL 2100 South Fiske Boulevard, Rockledge, FL 32955 | 7-8 | 6.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7072 Mercado Ln
Date
Details
Price
Change
Source
7/18/2025
Sold
$795,000
-3.04%
MLS
6/02/2025
Price Reduced
$819,900
-0.61%
MLS
4/15/2025
Price Reduced
$824,900
-2.84%
MLS
3/27/2025
Price Reduced
$849,000
-1.28%
MLS
3/22/2025
Price Reduced
$860,000
-2.27%
MLS
3/13/2025
Listed
$880,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7072 Mercado Lane, Melbourne, FL 32940 (MLS# 1039410) is a Single Family property that was sold at $795,000 on July 18, 2025. Want to learn more about 7072 Mercado Lane? 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.

