981 SHAW CIRCLE, MELBOURNE, FL, 32940
Active3 days on marketListed Sep 17, 2026MLS #O6442896
About this home
981 SHAW CIRCLE
LOCATION! LOCATION! LOCATION! Turnkey, waterfront pool living awaits in this sought after Suntree neighborhood. This 4 bed, 3 bath home has been thoughtfully upgraded, from hurricane windows to a freshly resurfaced pool and newly painted deck. Inside, a fully remodeled kitchen brings sleek finishes and premium appliances, paired with durable LVP flooring across the main level. Unwind in the primary suite's stand alone soaker tub, or head upstairs to a flexible den or playroom with room to spread out. A new washer and dryer add everyday ease. Dual HVAC systems (2020), an updated roof (2018), and a new hot water heater mean the big investments are already handled. Residents also enjoy a community pool and clubhouse, all with the benefit of a low HOA. Minutes from beaches, Viera and Suntree shopping & dining, this home puts Florida's best lifestyle within reach.
Facts & features
The home at a glance
4
Bedrooms
3
Bathrooms
2,398
Sqft
0.16 ac
Lot size
2
Garage
2001
Year built
Two
Levels
$261
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$4,284 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$4,284/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−5.4%
$/sqft vs Melbourne actives
$261 vs $213
Days on market
3 vs 39 typical
Where $261/sqft sits among the 74 Melbourne actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Melbourne
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Melbourne. See the full Melbourne guide →
MELBOURNE 32940 — neighborhood snapshot
Population
49,288
Median age
48.1
Median income
$106,511
Median home value
$444,100
Avg household
2.42
Households w/ children
5,209
For the school run
Brevard County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Melbourne market
$375K → $320K
Melbourne median sold, yr/yr
97.9%
Sale-to-list ratio (12 mo)
38 of 74
Melbourne actives have cut their price
Median sold price, Melbourne, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 9% above the MELBOURNE 32940 median. See the full Melbourne market guide →
Paper trail
This home's history
Reality check
What actually sold near 981 SHAW CIRCLE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$480,000
992 SHAW CIRCLE · same community
3 bd · 2 ba · 1,870 sqft · $257/sqft · 8 DOM
Sold · Nov ’25$315,000
1360 DEMOCRACY AVENUE
3 bd · 2 ba · 2,368 sqft · $133/sqft · 0 DOM
Sold · Jul ’26$280,000
1527 FRONTIER DRIVE
3 bd · 2 ba · 2,431 sqft · $115/sqft · 0 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Chad Creech
President, Commercial and Development Services · CENTURY 21 Edge
Tours, negotiation, and every question about 981 SHAW CIRCLE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 981 SHAW CIRCLE — before you fall in love.
See it in person
Schedule a tour
Live availability from Chad's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
981 SHAW CIRCLE FAQs
What would the monthly payment be for 981 SHAW CIRCLE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,284/mo — principal and interest, the actual property-tax bill, the $60/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 981 SHAW CIRCLE?+
The association fee works out to $60 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 981 SHAW CIRCLE?+
The most recent tax bill on record (2025) was $5,483. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 981 SHAW CIRCLE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Melbourne?+
At $625,000, this home is listed about 87% above the Melbourne median of $333,993. The market section on this page shows how the area is trending.
Which schools are assigned to 981 SHAW CIRCLE?+
Quest Elementary School (elementary), Viera High School (high), Delaura Middle School (middle) — Brevard County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
02Fresh on the market
Only 3 days on market in a Melbourne market that averages 39 — if it fits, move quickly.
03Strong assigned schools
Quest Elementary School, Viera High School, Delaura Middle School — Quest Elementary School rates 5 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of KELLER WILLIAMS SPACE COAST · Kristen Romandetti. MLS #O6442896.
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 Stellar MLS.
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