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For SaleSingle Family Home
$495K
805 Potomac Drive, West Melbourne, FL 32904
West Melbourne neighborhood
Subdivision: The Falls at Sheridan Phase II
3
Bedrooms
2
Bathrooms
2,014
Sq Ft
1998
Year Built
$246 /sqft

About This Property

Description from listing agent

Move-in ready & loaded w/ major updates, this 3BR/2BA pool home in a desirable gated West Melbourne community features impact windows & doors, a 2024 roof, tile flooring throughout, a fenced backyard & exceptional pride of ownership throughout. Designed for both comfort & easy entertaining, the thoughtful layout extends seamlessly to the screened pool & private fenced backyard, where mature landscaping creates a peaceful setting. The combination of recent mechanical updates, storm-ready features & low-maintenance finishes provides lasting value & peace of mind for years to come. Major updates include a 2022 A/C, a 2021 natural gas on demand water heater, 2023 attic insulation, 2024 gutters, 2024 full-house surge protector, 2024 electrical breaker panel w/ generator input, 2024 back fence, & garage hurricane door w/2024 springs & rollers & 2015 opener. Additional features include a 2026 pool filter, pool resurfaced in 2018, sprinkler pump (2018) & front door accordion shutter.

Space Coast Context

🚀 Launch Viewing — Good Views

33.2 mi from SLC-40

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

Aerospace Commute Guide
L3Harris3.6 mi~8 min
Northrop4.7 mi~10 min
Blue Origin27.8 mi~1h 2m
SpaceX28.5 mi~1h 4m
Lockheed28.6 mi~1h 4m
Boeing/KSC29.6 mi~1h 6m
KSC29.9 mi~1h 7m

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.

Price History

Date
Event
Price
  • 8/6/26
    Listed
    $495K
    $246/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

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

Price vs. Comparable Sales
3.9% below market
Median comparable close price: $515,000
Typical Offer Discount
97.6% of list price
At that rate, a competitive offer ≈ $483,069
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
0.24 acres (10,454 sqft)
Full Baths
2
Garage
2 car (attached)
HOA Fee
$636/mo
Pool
Yes
Days on Market
70
MLS Area
330 - Melbourne - Central

Community & HOA

HOA

  • Name: The Falls at Sheridan Community Assoc
  • Fee: $636 / annually

Schools

Elementary

Roy Allen

Middle School

Central

High School

Melbourne

Financial & Listing Details

Listed
Aug 6, 2026
Parcel #
27-36-35-02-0000d.0-0090.00
$495K

Listing Agent (for property info)

J
Jeremy Stewart
Compass Florida, LLC
321-626-5821
Call Listing Agent

Estimated Monthly Payment

$3,889/mo
Principal & interest
$2,608
Property taxes
$495
Insurance & HOA
$786

Based on a 6.90% rate, 30-year loan, and $495K price — down payment shown: $99,000.

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# 1084359

What's Nearby

shopping
Circle K
1.0 mi away
restaurants
Zaxby's
1.0 mi away
shopping
Cumberland Farms
1.0 mi away
government
FedEx Ship Center
1.1 mi away
restaurants
Dunkin'
1.1 mi away
movie theaters
Cinema World West Melbourne 16
1.1 mi away
shopping
Cumberland Farms
1.3 mi away
shopping
7-Eleven
1.3 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1084359 · Listing Broker: Compass Florida, LLC · 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.