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For SaleSingle Family Home
$264K
401 Poinciana Drive, Melbourne, FL 32935
Croton Road Area neighborhood
Subdivision: Loveridge Heights Addn 2 Amended Plat of
3
Bedrooms
1
Bathrooms
1,107
Sq Ft
1953
Year Built
$238 /sqft

About This Property

Description from listing agent

$5,000 cut. Here is your opportunity to own this beautifully remodeled home located in Melbourne. Enjoy peace of mind with major 2026 updates, including a brand-new roof, fresh interior and exterior paint, and new AC system. Additional improvements include electrical updates, a newly installed drainage system with durable PVC piping, and newly installed air ducts for improved airflow efficiency and functionality. The spacious new kitchen features stainless steel appliances, new cabinets, quartzo countertop while the offering comfort and functionality throughout. Perfect location for those who works for L3Harris, Northrop Grumman, Embraer, Collins Aerospace , Dassault Falcom Jet. Enjoy the Florida lifestyle with easy access to the Indian River Lagoon, Eau Gallie Causeway Boat Ramp, Ballard Park, Melbourne Harbor Marina, and nearby beaches including Paradise Beach, Indialantic Beach, Melbourne Beach, Canova Beach Park, and Satellite Beach.

Space Coast Context

🚀 Launch Viewing — Good Views

31 mi from SLC-40

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

Aerospace Commute Guide
Northrop0.9 mi~2 min
L3Harris1.3 mi~3 min
Blue Origin25.1 mi~56 min
SpaceX26.2 mi~58 min
Lockheed26.2 mi~58 min
Boeing/KSC28 mi~1h 2m
KSC28.5 mi~1h 4m

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
  • 8/7/26
    Price change
    $264K -1.9%
    $238/sqft
  • 7/9/26
    Price change
    $269K -2.1%
    $243/sqft
  • 7/1/26
    Price change
    $275K -1.8%
    $248/sqft
  • 6/27/26
    Price change
    $280K -1.8%
    $253/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 6 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
15.3% above median
Median comparable close: $229,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
95.9% of list price
At that rate, a competitive offer ≈ $253,155
Price Reductions
5 reductions
Originally listed at $288,000 · Cut $24,000 total
See & adjust the 6 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
0.19 acres (8,276 sqft)
Full Baths
1
Days on Market
79
MLS Area
323 - Eau Gallie

Schools

Elementary

Harbor City

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Jun 9, 2026
Parcel #
27-37-21-76-00002.0-0003.00
$264K

Listing Agent (for property info)

E
Euceny Tomaz Deanto
RE/MAX Elite
321-482-8253
Call Listing Agent

Estimated Monthly Payment

$1,805/mo
Principal & interest
$1,391
Property taxes
$264
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $264K price — down payment shown: $52,800.

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# 1079519

What's Nearby

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

Interested in this property?

Equal Housing Opportunity

MLS# 1079519 · Listing Broker: RE/MAX Elite · 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.