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For SaleCondominium
$199K
6461 Borasco Drive #3804, Melbourne, FL 32940
Viera neighborhood
Subdivision: Three Fountains of Viera Condo
1
Bedrooms
1
Bathrooms
781
Sq Ft
2005
Year Built
$255 /sqft

About This Property

Description from listing agent

MORTGAGE & FINANCE OPTIONS AVAILABLE...PERFECT HOME & LIFESTYLE...MASTER PLANNED MAGIC & JUST THE RIGHT SIZE, THIS BEAUTIFULLY UPDATED CONDO IS TRULY MOVE IN READY & OFFERS AFFORDABLE LUXURY LIVING IN THE HEART OF VIERA & CENTRAL FL...THE BUILT IN CUSTOM MURPHY BED DOUBLES your GUESTS...PRIVATE Third Floor End Unit...GORGEOUS WATER VIEWS...One Bedroom, One Bathroom with Private in Condo Laundry Room...FULL SIZE & UPDATED KITCHEN...IMPACT RATED Windows & Sliding Glass Door...RESORT Style Amenities...CENTRAL VIERA Location PUTS YOU CLOSE to EVERYTHING...PERFECT Year Round Home, PERFECT Seasonal Home, PERFECT Investment Property that You Can Rent DAY ONE, VERY RARE Opportunity in Viera...STRUCTURAL RESERVE STUDY COMPLETED...A Rated Schools...Close to Shopping, Dining, Entertainment, Golf, Walking, Biking, Dog Parks, Medical & More...MINUTES to the RIVER & BEACHES...Short Drive to the Airport, Port Canaveral & ALL the Orlando Attractions...AMAZING Home, AMAZING Location, AMAZING Lifestyle

Space Coast Context

🚀 Launch Viewing — Good Views

23.7 mi from SLC-40

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

Aerospace Commute Guide
Northrop10.1 mi~23 min
L3Harris11.5 mi~26 min
SpaceX19.3 mi~43 min
Blue Origin19.4 mi~43 min
KSC19.5 mi~43 min
Boeing/KSC19.5 mi~43 min
Lockheed19.6 mi~44 min

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

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
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
0.07 acres (3,049 sqft)
Full Baths
1
HOA Fee
$480.58/mo
Waterfront
Yes
Days on Market
308
MLS Area
217 - Viera West of I 95

Community & HOA

HOA

Schools

Elementary

Quest

Middle School

Viera Middle School

High School

Viera

Financial & Listing Details

Listed
Sep 12, 2025
Parcel #
26-36-04-76-0000a.0-0210.00
$199K

Listing Agent (for property info)

R
Richard David Mehalick
Waterman Real Estate, Inc.
321-474-8161
Call Listing Agent

Estimated Monthly Payment

$1,878/mo
Principal & interest
$1,048
Property taxes
$199
Insurance & HOA
$631

Based on a 6.90% rate, 30-year loan, and $199K price — down payment shown: $39,800.

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# 1056973

Interested in this property?

Equal Housing Opportunity

MLS# 1056973 · Listing Broker: Waterman 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.