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For SaleCondominium
$148K
261 San Paulo Court #6-261, West Melbourne, FL 32904
West Melbourne neighborhood
Subdivision: San Paulo Village Condo
2
Bedrooms
2
Bathrooms
1,080
Sq Ft
1976
Year Built
$137 /sqft

About This Property

Description from listing agent

Turnkey - West Melbourne! Desirable Second Floor Condo Overlooking the Pool With Updated Kitchen and Baths (Brand New Stainless Steel Appliances), New Luxury Vinyl Laminate Flooring; Tile Flooring In Wet Areas, Brand New Electric Panel. Unit Features Large Rear Covered Balcony, and Assigned Parking Space. Complex Allows One (1) Pet, Max. 30 lbs. AC 2020, Freshly Painted Interior and Newer Ceiling Fans/Fixtures. Community Amenities Include Pools, Tennis Courts and Laundry. Ideal Location Very Close To Northrop Grumman, Harris, Melbourne-Orlando International Airport, Florida Institute of Technology, Downtown, Indian River Intracoastal Waterway and Beaches. Move-In Ready! Condo Fee Includes Cable TV, Internet, Water, Sewer, Trash, Pest Control and Building Maintenance/Insurance.

Space Coast Context

🚀 Launch Viewing — Good Views

33.3 mi from SLC-40

33.3 miles from SLC-40 — visible on clear days, especially at night.

Aerospace Commute Guide
L3Harris1.1 mi~2 min
Northrop3.1 mi~7 min
Blue Origin27.4 mi~1h 1m
SpaceX28.5 mi~1h 4m
Lockheed28.5 mi~1h 4m
Boeing/KSC30.1 mi~1h 7m
KSC30.5 mi~1h 8m

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Offer Intelligence

Based on 3 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
4.5% below market
Median comparable close price: $155,000
Typical Offer Discount
97.6% of list price
At that rate, a competitive offer ≈ $144,471
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 3 comparable sales used

Uncheck any home you don't consider comparable — the median updates instantly.

The median is weighted: nearer sales count more than distant ones, and comps marked recent (sold in the last 90 days) count 2×. Comps farther than 3 miles are flagged — a longer distance usually means few nearby sales were available.

How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.1 acres (4,356 sqft)
Full Baths
2
HOA Fee
$475/mo
Days on Market
97
MLS Area
331 - West Melbourne

Community & HOA

HOA

Schools

Elementary

University Park

Middle School

Stone

High School

Melbourne

Financial & Listing Details

Listed
Apr 11, 2026
Parcel #
28-37-05-00-00025.0-0000.00
$148K

Listing Agent (for property info)

J
Joseph Mignone
Dale Sorensen Real Estate Inc.
321-501-8307
Call Listing Agent

Estimated Monthly Payment

$1,553/mo
Principal & interest
$780
Property taxes
$148
Insurance & HOA
$625

Based on a 6.90% rate, 30-year loan, and $148K price — down payment shown: $29,600.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1074387

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Equal Housing Opportunity

MLS# 1074387 · Listing Broker: Dale Sorensen Real Estate Inc. · 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. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.