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For SaleSingle Family Home
$200K
534 Loveridge Drive, Melbourne, FL 32935
Croton Road Area neighborhood
Subdivision: Loveridge Heights Addn 2 Amended Plat of
3
Bedrooms
1
Bathrooms
1,494
Sq Ft
1952
Year Built
$134 /sqft

About This Property

Description from listing agent

MULTIPLE OFFERS RECEIVED. Highest and Best due Today, Sunday 8/9. Incredible opportunity to own a single family home in a great location for under $200k! Super close to downtown Eau Gallie, Ballard Park, and right across the bridge from the beach. This solid concrete block home sits outside of a flood zone, with all the major items updated and in working order: roof (2017), HVAC (2022), and updated electrical and plumbing. The kitchen features newer appliances, sink, granite countertops, and an updated layout. There's tons of space too, with over 1,400 SF of living area, a 1 car garage, plus a bonus garage/storage space. An updated screened patio overlooks the huge back yard, over a quarter of an acre with endless potential. With room to add a second bathroom, this home would be a steal for an investor, first-time home buyer, or anyone willing to do some cosmetic work to really make it shine. Come see it ASAP!

Space Coast Context

🚀 Launch Viewing — Good Views

30.9 mi from SLC-40

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

Aerospace Commute Guide
Northrop0.8 mi~2 min
L3Harris1.3 mi~3 min
Blue Origin25.1 mi~56 min
SpaceX26.1 mi~58 min
Lockheed26.1 mi~58 min
Boeing/KSC27.9 mi~1h 2m
KSC28.4 mi~1h 3m

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
    $200K
    $134/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 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
7.0% below market
Median comparable close price: $215,000
Typical Offer Discount
96.0% of list price
At that rate, a competitive offer ≈ $191,868
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 1 comparable sale 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
0.26 acres (11,326 sqft)
Full Baths
1
Garage
1 car
Days on Market
21
MLS Area
323 - Eau Gallie

Schools

Elementary

Harbor City

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Aug 6, 2026
Parcel #
27-37-21-76-00004.0-0017.00
$200K

Listing Agent (for property info)

S
Samuel Carter Boyd
Denovo Realty
443-243-8684
Call Listing Agent

Estimated Monthly Payment

$1,403/mo
Principal & interest
$1,053
Property taxes
$200
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $200K price — down payment shown: $39,980.

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# 1084304

What's Nearby

restaurants
Foxtail Coffee
0.2 mi away
coffee shops
Foxtail Coffee
0.2 mi away
restaurants
Apocalypse Coffee Roasters
0.2 mi away
coffee shops
Apocalypse Coffee Roasters
0.2 mi away
parks
Ballard Playground
0.5 mi away
schools
West Shore Junior/Senior High School
0.6 mi away
schools
(Former Central Junior High School)
0.6 mi away
fire stations
Melbourne Rescue Station 67 and 68
0.6 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1084304 · Listing Broker: Denovo Realty · 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.