
1623 KEYS GATE DRIVE, MELBOURNE, FL, 32940
Active2 days on marketListed Nov 4, 2026MLS #O6455199
About this home
1623 KEYS GATE DRIVE
Step into this beautifully renovated 3-bedroom, 2-bath pool home on an oversized corner lot in Grand Isle, a 55+ community. Inside, you are greeted by a living room and dining room combination, with wood-grain tile running consistently throughout. The kitchen features white cabinetry, ample storage, and a large island that opens to an additional dining area and family room. The primary suite includes a separate sitting area, leading to a spacious bedroom and a bathroom with a double sink and roll-in shower. Two additional bedrooms share a guest bath, and there is a dedicated laundry room. Outside, the screened lanai and screened pool offer covered space for entertaining. The two-car garage includes cabinets and attic access. Recent upgrades include impact windows, plantation shutters, a new water heater, paver driveway, roof replacement in 2018, and pool filter and saltwater salinization replacement in 2022. Grand Isle community also offers a clubhouse, pool, gym, and tennis/pickleball courts, along with activities and clubs.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
2,011
Sqft
0.27 ac
Lot size
2
Garage
2001
Year built
One
Levels
$286
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.
$4,425 /mo · 10% down Conventional, 30-yr fixed at 7.5%
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
$4,425/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.
Can I afford this home? → See what you can comfortably afford from your income, debts and savings.
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
+12.2%
$/sqft vs Melbourne actives
$286 vs $213
Days on market
2 vs 69 typical
Where $286/sqft sits among the 83 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
$394K → $402K
Melbourne median sold, yr/yr
98.2%
Sale-to-list ratio (12 mo)
56 of 83
Melbourne actives have cut their price
Median sold price, Melbourne, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 5% above the MELBOURNE 32940 median. See the full Melbourne market guide →
Paper trail
This home's history
Reality check
What actually sold near 1623 KEYS GATE DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’26$469,000
1763 SUN GAZER DRIVE
3 bd · 2 ba · 2,010 sqft · $233/sqft · 8 DOM
Sold · Oct ’26$525,000
1156 ACAPPELLA DRIVE
3 bd · 2 ba · 2,009 sqft · $261/sqft · 128 DOM
Sold · Mar ’26$505,000
1908 TULLAGEE AVENUE
4 bd · 2 ba · 2,014 sqft · $251/sqft · 114 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
Kemarie Johnson
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 1623 KEYS GATE DRIVE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1623 KEYS GATE DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Kemarie's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1623 KEYS GATE DRIVE FAQs
What would the monthly payment be for 1623 KEYS GATE DRIVE?+
With 10% down on a 30-year Conventional loan at 7.5%, the all-in payment lands around $4,425/mo — principal and interest, the actual property-tax bill, the $325/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 1623 KEYS GATE DRIVE?+
The association fee works out to $325 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 1623 KEYS GATE DRIVE?+
The most recent tax bill on record (2026) was $1,268. 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 1623 KEYS GATE DRIVE?+
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 $575,000, this home is listed about 69% above the Melbourne median of $340,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1623 KEYS GATE DRIVE?+
Viera High School (high), Quest Elementary School (elementary), John F. Kennedy 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 2 days on market in a Melbourne market that averages 69 — if it fits, move quickly.
03Strong assigned schools
Viera High School, Quest Elementary School, John F. Kennedy Middle School — Viera High School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of AXEN REALTY LLC · Damaris Foon. MLS #O6455199.
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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