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For SaleSingle Family Home
$520K
4718 Alligator Flag Circle, West Melbourne, FL 32904
West Melbourne neighborhood
Subdivision: Sawgrass Lakes The Landings
4
Bedrooms
3
Bathrooms
2,827
Sq Ft
2020
Year Built
$184 /sqft

About This Property

Description from listing agent

Nearly New in West Melbourne's premiere resort living community! This stunning home offers modern comfort and serene living. Boasting a massive downstairs master bedroom with additional attached office, this 4/3 has an open floor plan with over 2800 accentuated by natural light flooding through large windows. The kitchen features sleek countertops, new white glass kitchen appliances, and ample storage space. Enjoy outdoor living in the private fenced in backyard oasis, ideal for entertaining or unwinding after a long day. Community amenities include a huge pool with two story waterslide, splashpad, fitness center, pavilion, playground, club house, tennis court, fire pit area and movie theater area included in the low HOA dues. There is nearby access to endless bot days on the river, beaches, shopping, entertainment and Patrick Space Force Base. Don't miss out on this opportunity to own in the only resort living community to this scale anywhere in the county!

Space Coast Context

🚀 Launch Viewing — Fair Views

36 mi from SLC-40

36 miles from SLC-40 — visible as a bright streak in good conditions.

Aerospace Commute Guide
L3Harris4.8 mi~11 min
Northrop6.6 mi~15 min
Blue Origin30.5 mi~1h 8m
SpaceX31.3 mi~1h 10m
Lockheed31.4 mi~1h 10m
Boeing/KSC32.5 mi~1h 12m
KSC32.7 mi~1h 13m

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
At market value
Median comparable close price: $510,000
Typical Offer Discount
99.7% of list price
At that rate, a competitive offer ≈ $518,317
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
0.14 acres (6,098 sqft)
Full Baths
2
Half Baths
1
Garage
2 car (attached)
HOA Fee
$97.33/mo
Days on Market
164
MLS Area
331 - West Melbourne

Community & HOA

HOA

  • Name: Sawgrass Lakes - The Landings
  • Fee: $97.33 / monthly

Schools

Elementary

Meadowlane

Middle School

Central

High School

Melbourne

Financial & Listing Details

Listed
Feb 3, 2026
Parcel #
28-36-14-01-00000.0-0517.00
$520K

Listing Agent (for property info)

B
Brandon Michael Lape
EXP Realty, LLC
321-446-7788
Call Listing Agent

Estimated Monthly Payment

$3,507/mo
Principal & interest
$2,740
Property taxes
$520
Insurance & HOA
$247

Based on a 6.90% rate, 30-year loan, and $520K price — down payment shown: $104,000.

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# 1068366

Interested in this property?

Equal Housing Opportunity

MLS# 1068366 · Listing Broker: EXP Realty, 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.