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For SaleSingle Family Home
$525K
205 Melaleuca Drive E, Satellite Beach, FL 32937
Satellite Beach neighborhood
Subdivision: S Patrick Shores 1st Sec
3
Bedrooms
2
Bathrooms
1,450
Sq Ft
1961
Year Built
$362 /sqft

About This Property

Description from listing agent

Beautifully renovated 3-bedroom, 2-bath pool home located in the heart of highly desirable Satellite Beach -- just about 4 blocks from the beach, offering the perfect blend of modern design, comfort, and coastal living. This move-in-ready home features approximately 1,500 SqFt of thoughtfully redesigned living space with a huge semi-open concept kitchen, stunning stone countertops with a marble-look finish, brand-new stainless steel appliances, and elegant modern finishes in every room. Both bathrooms have been fully remodeled and include contemporary smart mirrors with integrated lighting for a sleek luxury touch. Enjoy peace of mind with major upgrades already completed, including: * * New shingle roof * New AC system * New pool pump * * Covered garage * Fresh modern landscaping and exterior updates

Space Coast Context

🚀 Launch Viewing — Good Views

24.3 mi from SLC-40

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

Aerospace Commute Guide
Northrop5.9 mi~13 min
L3Harris7.9 mi~18 min
Blue Origin18.5 mi~41 min
SpaceX19.5 mi~43 min
Lockheed19.5 mi~43 min
Boeing/KSC21.5 mi~48 min
KSC22.2 mi~49 min

Estimates only — verify with Google Maps.

Flood Risk

Zone X (500-yr) — Moderate Risk

Moderate flood risk (0.2% annual chance). Flood insurance is optional but advisable.

Estimated flood insurance: $800 – $2,500 / 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
  • 8/26/26
    Price change
    $525K -0.8%
    $362/sqft
  • 8/7/26
    Listed
    $529K
    $365/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 8 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
22.1% above median
Median comparable close: $430,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
96.7% of list price
At that rate, a competitive offer ≈ $507,621
Price Reductions
1 reduction
Originally listed at $529,000 · Cut $4,100 total
See & adjust the 8 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
2
Total Rooms
1
Garage
1 car
Days on Market
21
MLS Area
381 - N Satellite Beach

Schools

Elementary

Sea Park

Middle School

DeLaura

High School

Satellite

Financial & Listing Details

Listed
Aug 7, 2026
Parcel #
26-37-23-25-00003.0-0001.00
$525K

Listing Agent (for property info)

L
Luis Apa
NV Management Group LLC
305-766-2912
Call Listing Agent

Estimated Monthly Payment

$3,441/mo
Principal & interest
$2,766
Property taxes
$525
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $525K price — down payment shown: $104,980.

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# 1084395

What's Nearby

shopping
Kangaroo Express
0.1 mi away
grocery
DeCA
0.4 mi away
fire stations
South Patrick Shores Fire / Rescue Station 62
0.5 mi away
shopping
7-Eleven
0.5 mi away
schools
Sea Park Elementary School
0.6 mi away
schools
Sea Park Elementary School
0.6 mi away
restaurants
Burger King
0.6 mi away
restaurants
Domino's
0.6 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1084395 · Listing Broker: NV Management Group 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.