Single Family Residence in Sierra Cove, Melbourne · No CDD
Sierra Cove · Melbourne, FL 32940 · Brevard
Listing data updated August 4, 2026 · refreshed twice daily
4Bedrooms
3.5Bathrooms
2,863Sq Ft
2020Year Built
$279Per Sq Ft
2-car garageNo CDDFEMA Zone X4 bedrooms
Momentum Research: independent market analysis, flood data, insurance estimates, buyer leverage, and objective property scoring, alongside the MLS listing. Not just the listing sheet.
3% below
$/sq ft vs community
$279 here vs $289 median sold (12 mo)
Buyer leverage
Strong seller market
1.7-month supply
1.7 months
Supply around this home
Seller <3 · balanced 3-6 · buyer >6
Zone X
Flood risk
Minimal hazard per FEMA; ~20 ft elevation
$2k–$4k/yr
Est. insurance · illustrative
Not a carrier quote; premiums vary widely by property. Get a real quote.
Above 9 of 12
Price vs recent sales
Asking $800k tops 9 of the last 12 closed sales; also one of the largest homes here at 2,863 sq ft
Sources: Space Coast MLS (listings + 12-mo closed sales), FEMA, modeled insurance. Interpretation: Momentum Research. Data notes
Highlights
No CDD assessment on record
Built 2020 · 6 yrs
2,863 sq ft of living area
2-car garage
Listed at $799,900 — recent neighborhood median sale price ~$684,900 (nearby sales; deemed reliable, not an appraisal)
Active listing
HOA ~$50/mo (estimate; confirm)
Momentum Research · Sierra Cove Melbourne
Pricing & the Sierra Cove Melbourne market
How this home is priced against recent nearby sales, and where Sierra Cove Melbourne has been over 25 years. Momentum Research analysis of Space Coast MLS records; closed sales, deemed reliable but not guaranteed. Estimates only; see data notes.
This home’s $/sq ft vs. nearby sales
List $/sq ft against recent nearby closed sales; the community median is marked.
Price vs. size in Sierra Cove Melbourne
Each dot is a closed sale since 2019 (183 total). This home is the gold marker.
Sale price (y) by living area in sq ft (x). Space Coast MLS closed sales.
Median $/sq ft by year
Community sold $/sq ft, 2020–2026. This home lists at $279/sq ft.
Median sale price by year
12-month median closed price, 2020–2026.
Market Heat by year (0–100)
Momentum Market Heat, 2021–2026. Now 30 (cold).
Property timeline
This home’s history
2020BuiltPer public record
NowActiveCurrently for sale
Build year is from public record. Listing milestones reflect movewithmomentum.com’s own observations since we began tracking this listing and are not the MLS listing history; dates and prices are deemed reliable but not guaranteed.
Financing
Estimated monthly payment
$5,047/mo
Principal & interest $4,053/mo80%
Taxes $700/mo14%
Insurance $244/mo5%
HOA $50/mo1%
$5,047/mo at 20% down, 30-yr @ 6.52% · edit any field to update.
Strongest on: Flood safety (95), Insurance cost (80)
0 limited50100 exceptional
61/100 is solid, mid-pack across the objective indicators below. It reflects only those measures — not the home’s quality, condition, or desirability.
A 0-100 score built from objective property and market data: flood risk, insurance, pricing, supply, affordability, and recent sales. Higher means more measures line up in a buyer’s favor. It reflects only the factors below.
Price vs area59
This home $279/sq ft vs the community 12-month median $289/sq ft.
Affordability22
List price $799,900 vs the community median $684,900. Not a measure of personal affordability.
Flood safety95
FEMA Zone X, ~20 ft elevation. Verify the parcel with FEMA.
Insurance cost80
From FEMA Zone X and a 2020 build. Obtain a property-specific quote.
Market liquidity76
Community median 34 days on market, ~1.7 months of supply (12-month record).
Renovation upside30
From a 2020 build and $279/sq ft vs the community median $289/sq ft. Not a condition assessment.
Pricing power57
Recent sales closed at about 96.6% of original asking (~3.4% below). More room below asking generally favors buyers.
Market timing70
Momentum Market Heat is 30/100 (cold). Cooler readings generally favor buyers; hotter readings favor sellers.
Momentum Scores are objective, rules-based indicators computed from listing facts, public records, and recent nearby sales. They are not appraisals, valuations, investment advice, or judgments about a neighborhood or who should live there. Verify independently.
Momentum Research
The Momentum read
🟡 Asking $279 per square foot, about 3% below the community’s $289 median. Sierra Cove Melbourne’s 12-month median sold price per square foot is $289. Median sold price per square foot is down 1.1% year over year. Confidence: High · 21 closed sales in 12 monthsMLS facts: Space Coast MLS closed sales. A per-square-foot gap is context, not an appraisal; condition, lot, and view set the final number here.
Recent Sierra Cove Melbourne sales closed near 96.6% of original asking.Why it matters: the community’s own record shows how far opening prices typically move, and how often buyers compete without financing.Momentum Research analysis of Space Coast MLS records, community-level, 12 months ending July 15, 2026. Aggregates only; deemed reliable but not guaranteed.
What’s unique here: one of only 3 active listings in Sierra Cove Melbourne, no CDD assessment.
Updated August 4, 2026 · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
Listing description
About this home
available for sale in West Viera's Sierra Cove! 4 Bedrooms, 3 1/2 Baths and extended 2-car garage. UPGRADES throughout whole home, including tile floors downstairs and vinyl plank flooring upstairs.
Inspirational entryway with high ceilings, a formal foyer and flex room. Spacious great room connects to a dining area and kitchen, making it great for entertaining. The Kitchen features designer quartz countertops, backsplash, a large island, gas range, stainless steel appliances, pantry, and separate butler's pantry.
Oversized Master Suite with his/hers closets a Master bath with a large walk-in shower, soaking tub and double vanities. Large front yard and front porch with rocket launch views. Back yard is completely fenced-in with an expansive screened-in lanai.
Addison Village Clubhouse features resort-style amenities, tennis courts, pickleball, and regularly-scheduled events. Close to shopping, restaurants, golf and beaches.
Description provided by Atlantic Properties & Inv, Inc and reproduced from the MLS; not independently verified.
Property facts & sources
Every fact, sourced
Listing data, public records, our calculations, and what to verify — each fact shown once. Estimates and calculations shown are for general information only, are not appraisals or advice, and should be independently verified.
Listing facts MLS
List price$799,900
Bed / bath4 / 3.5
Living area2,863 sq ft
Year built2020
Property typeSingle Family Residence
Garage2-car
MLS #1068622
Listing statusActive
Public records & third-party data
FEMA flood zoneZone X
Ground elevation~20 ft
Windstorm exposureLow
CountyBrevard
Area listings3 active · 1 under contract
Estimated first-year tax~$8,399/yr
CDD assessmentNone on record
HOA (estimate)$50/mo
Calculated estimates
Price per sq ft$279
Estimated monthly payment$5,047
Insurance (illustrative)$2k–$4k/yr
Messtimate range$675,668 – $850,311
Comparable-sales median$684,900
Buyer should verify Buyer verify
Exact HOA dues, fees, and restrictionsRoof age and conditionHVAC age and conditionA property-specific insurance quoteSurvey and lot boundariesPermit historyFlood-insurance requirementsSchool zoning (confirm with the district)Property taxes after sale (homestead reset)CDD / community assessmentsSquare footage and room dimensions
This is a deliberately dumb estimate — living area times a range of recent neighborhood $/sq ft, and nothing else. It is not an appraisal, not market value, and not a valuation of this home. Even a tight range from comparable sales can’t price a specific home — here’s why.
$675,668the mess$850,311
Actual list price: $799,900 — compare it against the range above. The Messtimate is a blind sqft estimate; the list price reflects this specific home.
A 26% spread on the same house — and that gap is exactly what an automated guess can't see:
Condition & updates — a renovated kitchen or new roof vs. dated finishes can swing value six figures; sq ft can't see it.
The lot & views — a premium golf, water, or preserve lot vs. a road-facing one: same sq ft, very different price.
Outliers skew it — one flip or distressed sale in the comps drags the whole $/sq ft up or down.
Carrying costs & concessions — CDD, HOA, insurance, and seller-paid buydowns change what a buyer actually pays.
And here's what the live market is doing — which the number above ignores entirely:
6 active listings competing, 3 under contract
≈1.7 months of supply
19 closed here in the last 12 months
For reference, this home is listed at $799,900 ($279/sq ft) — a number set with analysis a Messtimate can't do.
Want a property-specific review from a licensed agent? A Momentum Realty agent will do a real, free comparative market analysis — walking the home, the lot, the condition, and the live market. That's the difference between a Messtimate and a valuation.
Methodology: 2,863 sq ft × $236–$297/sq ft from recent nearby closed sales (public records). Estimate for general information only; not an appraisal, valuation, or offer. Updated August 4, 2026.
Keep looking
Similar homes for sale near Sierra Cove
Active listings nearby at a comparable size and price. Listings held by brokerages other than Momentum Realty are marked with the listing broker. Deemed reliable but not guaranteed.
Listed for $799,900Momentum Realty · on market 0 days
Public records
Building permits
Permit history not yet linkedConfirm permit history with the county building department.
Estimated ownership costs
Estimated costs & disclosures
Estimated ownership costs for general information. Confirm each with the county, your lender, and an insurer. See data & estimate notes.
Property tax (first-year est.)
~$8,399/yr
A rough first-year estimate only, applying a typical Brevard rate to the list price before any exemptions. Florida bills vary substantially after reassessment, homestead and other exemptions, and local taxing districts — this is not your expected bill. Confirm with the county property appraiser.
CDD assessment
None
No CDD assessment on record for this community.
Insurance (illustrative range)
$2k–$4k/yr
An illustrative modeled range, not based on carrier underwriting and not a quote. Florida premiums vary significantly by roof age, wind-mitigation features, claims history, and carrier — a real quote can land well outside this range. Flood insurance not federally mandated (Zone X). Get a quote from a licensed insurer before relying on any figure.
HOA
$50/mo
Covers the master association & common areas. Confirm exact dues and what they include.
Environmental data
Flood zone & elevation
Sourced environmental data for the parcel. Confirm with FEMA and your insurer.
FEMA flood zone
Zone X
From the FEMA National Flood Hazard Layer. In this zone lender-required flood insurance is generally not mandated; confirm for the parcel.
Ground elevation
~20 ft
Approximate parcel elevation from USGS; confirm exact elevation with a survey.
Windstorm / insurance
Obtain a quote
This is a coastal Florida county. Premiums and coverage vary by home; obtain a quote from a licensed insurer.
Connectivity
Internet & broadband
Fiber
Check availability
AT&T Fiber covers much of NE Florida; confirm availability at the address.
Cable
Likely
Xfinity/Spectrum cable broadband is widely available.
5G Home
Backup
T-Mobile / Verizon fixed-wireless as a backup option.
Market data · public records
Recent sales activity in Sierra Cove
Recent comparable closed sales near this home, from public records. Summary figures are for general reference only and are not a valuation of this property. See the Sierra Cove neighborhood guide for more.
Comparable sales found
6
Recent nearby closings in the data set.
Community median sale price
$684,900
Canonical 12-month median closed price. Reference only.
Community median $/sq ft
$289
Canonical 12-month median $/sq ft. Reference only.
Go deeper on Sierra Cove
See schools, amenities, builders, HOA/CDD detail, and every active & sold home in the community — the single biggest advantage of buying here over a portal.
Recent local developments near this home, compiled from news and public sources. Provided for general information; verify details with the original source.
Jul 2026 · Retail Dining
Lakeside Social at Viera Town Center to bring a new waterfront community gathering place to Viera
The Viera Company, in partnership with Rogue Wave Hospitality Group, is opening Lakeside Social at Viera Town Center, a waterfront venue featuring a wave-shaped central bar, a boathouse-style bar, and a curated food vendor park. A soft opening was set for early June 2026, with a grand opening celebration over Fourth of July weekend 2026.
Why it matters: A new waterfront food, bar, and entertainment venue adds dining and gathering capacity to Viera Town Center and broadens the local commercial mix. The project is about 3 miles northeast of Sierra Cove, elsewhere in Brevard County.
Proposed Brevard County USL soccer stadium would anchor new mixed-use development
Developers unveiled plans for an 8,000-seat professional soccer stadium along West NASA Boulevard by Melbourne Orlando International Airport as the home of the Space Coast Soccer Club. The complex would include restaurants and retail space, with a targeted opening in spring 2028 and about 20 to 25 professional matches per year.
Why it matters: A new stadium and mixed-use complex would add restaurant, retail, and event space to this part of Melbourne and expand the local commercial and entertainment footprint. The project is about 10 miles southeast of Sierra Cove, elsewhere in Brevard County.
The 225-acre Space Coast Town Center on U.S. 192 and Interstate 95 in West Melbourne is advancing a new phase called The Landing, which will feature a grocery anchor, retail shops, restaurants, and roughly 300 apartments. When fully built, the overall development is planned to include more than 2,000 residential units, 300 hotel rooms, office space, and retail.
Why it matters: A new phase adds grocery, retail, dining, and apartment capacity to this mixed-use center and expands the local commercial base at a major highway interchange. The project is about 10 miles south of Sierra Cove, elsewhere in Brevard County.
Orlando Health announces plans to open a new hospital in Viera
Orlando Health announced a seven-story, 240-bed hospital along with a three-story, 60,000-square-foot medical office building on a 40-acre health and wellness campus in Viera, between Lake Andrew Drive and I-95 south of Viera Boulevard. Construction was expected to begin in June 2026, with opening targeted as early as fall 2027.
Why it matters: A new hospital and medical office campus would add major healthcare infrastructure and construction activity to the Viera area. The site is about 3 miles north of Sierra Cove.
Schools currently assigned to this address in Brevard County, provided as neutral factual data. Assignments can change — confirm current zoning with the school district. This is not a statement about the home's suitability for any person or family.
GRADEA
VieraAssigned elementary school · Brevard County School District · Grade A (Florida DOE 2025-26)
GRADEA
Viera Middle SchoolAssigned middle school · Brevard County School District · Grade A (Florida DOE 2025-26)
GRADEA
VieraAssigned high school · Brevard County School District · Grade A (Florida DOE 2025-26)
Assigned schools per the MLS listing — assignments can change; confirm current zoning with the district. Browse school-zone pages →
How it stacks up
Comparable recent sales
Recent closed sales nearby, with photos, so you can compare. Sold prices are public record, deemed reliable but not guaranteed.
Sold May 2026
$850,000
3236 Becorden Way, Melbourne
4 / 3.5 bd/ba · 2,863 sq ft · $297/sq ft
Courtesy of ListWithFreedom.com · View details →
Sold Mar 2026
$630,000
3253 Casare Drive, Melbourne
5 / 3.5 bd/ba · 2,820 sq ft · $223/sq ft
Courtesy of EXP Realty, LLC · View details →
Sold Jan 2026
$665,000
3245 Hummingbird Way, Melbourne
5 / 3.5 bd/ba · 2,820 sq ft · $236/sq ft
Courtesy of RE/MAX Elite · View details →
Sold May 2026
$799,000
3126 Boynton Place, Melbourne
4 / 3.5 bd/ba · 2,684 sq ft · $298/sq ft
Courtesy of RE/MAX Elite · View details →
Sold Jun 2026
$900,000
8095 Millbrook Avenue, Melbourne
4 / 3.5 bd/ba · 3,215 sq ft · $280/sq ft
Courtesy of Hart To Hart Real Estate, Inc. · View details →
Sold Apr 2026
$582,000
3104 Hummingbird Way, Melbourne
4 / 3.5 bd/ba · 2,442 sq ft · $238/sq ft
Courtesy of Blue Marlin Real Estate · View details →
Community 12-month median: $289/sq ft. Shown for general reference only — this is not an appraisal or a statement of this home's value. Sold prices are public record and deemed reliable but not guaranteed.
If you rent it out
Investment snapshot
Objective rental and cash-flow estimates for a buyer weighing this as an investment. Rough figures for general information only — not a guarantee of rent, an appraisal, or investment advice. Verify independently.
Estimated rent$3,666 – $5,333/moa rough gross-rent-yield range on list price (comp-based estimate coming).
Estimated cap rate4.6%Net operating income ÷ list price; excludes financing.
Est. monthly cash flow−$1,494 – +$6At 25% down, 30-yr; after a 10% vacancy/maintenance/management reserve.
Before you decide
Buyer research checklist
A neutral list of items to confirm for any home. This is general guidance, not advice about this specific property.
Confirm roof age and condition during inspection.
Confirm HVAC age and condition during inspection.
Request current HOA documents before relying on dues or restrictions.
Obtain an insurance quote for this specific property.
Confirm school zoning directly with the district.
Order a survey to confirm lot boundaries.
Review permit history with the county.
Confirm whether flood insurance is required for this parcel.
Confirm square footage and room dimensions independently.
Ask the county how property taxes may change after a sale.
Nearby & commute
Approximate distances
Approximate drive times for general reference only.
City
Melbourne
Groceries, dining, and parks for this city — see the city guide.
Space Coast MLS, refreshed twice daily (last: August 4, 2026)
Community market stats
Space Coast MLS closed sales, as of July 15, 2026
Flood zone & elevation
FEMA flood maps + USGS elevation (Zone X shown above)
Taxes & monthly cost
Estimated from county rates; not a quote
Insurance figure
Modeled estimate; obtain a real quote before offering
Schools
2025-26 district assignments; verify with the district
Momentum Research lines are our own analysis of Space Coast MLS records; MLS data is deemed reliable but not guaranteed. Estimates are informational, not appraisals or advice. Methodology: how Momentum scores are computed.
Answered before you ask
Frequently asked questions
Why might my property taxes differ from the current owner's?
Florida's Save Our Homes rule caps annual assessment increases for homesteaded owners, and the assessment can be re-set after a sale. As a result a new owner's bill may differ from the seller's. Any tax figure shown here is an estimate, not the actual bill — confirm with the county property appraiser and tax collector.
Where does the flood-zone information come from?
The flood designation shown (Zone X) comes from the FEMA flood map and is provided for general information. Confirm the parcel's status with FEMA and your insurer.
Can I rely on the figures on this page?
No. Estimated taxes, insurance, payments, and any market or comparable-sales summary are opinions and estimates for general information only and should not be relied upon. Verify all information independently before making any decision.
Ready when you are
See 8212 Paragrass Avenue in person
Private tours available 7 days a week, in person or by live video walkthrough. Request a tour or send a question and a licensed Momentum Realty agent will follow up.
Opinion & estimate — do not rely on this page. Any figure on this page that is not a verbatim fact from the listing or a public record — including estimated property taxes, insurance, CDD/HOA amounts, mortgage payments, comparable-sales summaries, and market statistics — is an opinion and estimate provided for general informational purposes only. These figures may be inaccurate or out of date, are not appraisals, valuations, or financial, legal, tax, or investment advice, and should not be relied upon. Do not make any purchase, offer, financing, or other decision based on this page. Independently verify everything — price, square footage, lot size, year built, taxes, CDD/HOA, flood status, school assignments, permits, and community rules — with the listing broker, the county, your lender, a licensed inspector, an insurer, and your own advisors before acting.
Estimate methodology. Tax estimates apply a typical county millage rate to the list price and will differ from the actual assessed bill. Cost and market figures are derived from available data and simple calculations, not a professional appraisal. We make no representation that any estimate reflects fair market value.
Equal Housing Opportunity. Content on this page is compiled from public records, MLS data, and automated sources and may contain errors or be out of date. It is general information only, not a representation about any specific property, community, builder, or association. Verify information independently before relying on it. Momentum Realty supports the Fair Housing Act and does not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity. Information about schools, distances, and amenities is provided as neutral factual data to help you research the property and is not a statement about who should or should not live here or the suitability of the home or neighborhood for any person or group. School data may change — confirm current assignments with the school district.
Found an error? If you are the owner, listing agent, or a party to this property and believe any information is inaccurate, email and we will review and correct or remove it promptly.
Automated content. Some summaries, distances, and estimates on this page are generated automatically from public and proprietary data sources and may contain errors or omissions. We strive for accuracy but cannot guarantee the completeness or accuracy of any information. Verify anything important independently.
No warranty; measurements & photos. No guarantee, warranty, or representation of any kind is made regarding the completeness or accuracy of any information, descriptions, or measurements on this page — including square-footage measurements and property condition — all of which should be independently verified through appropriate means, including in-person inspection and public records. Photographs may be virtually staged or digitally enhanced and may not reflect actual property conditions. Momentum Realty and its agents expressly disclaim any liability in connection with the information provided.
Sold price and details are from public records and the MLS, deemed reliable but not guaranteed. Shown for comparison only — not an appraisal or a statement of this home's value.
