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For SaleCondominium
$169K
110 Colibri Way #103, Melbourne, FL 32901
South Melbourne neighborhood
Subdivision: Cypress Springs Condo
3
Bedrooms
2
Bathrooms
1,175
Sq Ft
2006
Year Built
$144 /sqft

About This Property

Description from listing agent

Located in the desirable Cypress Springs community, this two-story townhome offers a functional and comfortable layout. The fully equipped kitchen features ample cabinet space and easy-care appliances. The primary bedroom is conveniently located on the first floor, with two additional bedrooms and bathroom upstairs. A full-size washer and dryer are located on the second floor for added convenience. Community amenities include a pool and fitness center. Ideally situated close to Florida Institute of Technology, schools, shopping, dining, and major roadways. This property presents a great opportunity for investors, first-time home buyers, or those looking to downsize while enjoying low-maintenance living in a well-established community.

Space Coast Context

🚀 Launch Viewing — Fair Views

35.4 mi from SLC-40

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

Aerospace Commute Guide
L3Harris3.3 mi~7 min
Northrop5.3 mi~12 min
Blue Origin29.5 mi~1h 6m
SpaceX30.6 mi~1h 8m
Lockheed30.6 mi~1h 8m
Boeing/KSC32.4 mi~1h 12m
KSC32.9 mi~1h 13m

Estimates only — verify with Google Maps.

Flood Risk

Flood zone data not yet available for this listing. Check FEMA Flood Map

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 2/5/26
    Listed
    $169K
    $144/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 3 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
4.2% below market
Median comparable close price: $176,500
Typical Offer Discount
101.0% of list price
At that rate, a competitive offer ≈ $170,611
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
0.1 acres (4,356 sqft)
Full Baths
2
HOA Fee
$435/mo
Days on Market
206
MLS Area
330 - Melbourne - Central

Community & HOA

HOA

  • Name: Cypress Springs Condo
  • Fee: $435 / monthly

Schools

Elementary

University Park

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Feb 6, 2026
Parcel #
28-37-16-00-00009.I-0000.00
$169K

Listing Agent (for property info)

J
Jason M Lande
Denovo Realty
321-356-6419
Call Listing Agent

Estimated Monthly Payment

$1,644/mo
Principal & interest
$890
Property taxes
$169
Insurance & HOA
$585

Based on a 6.90% rate, 30-year loan, and $169K price — down payment shown: $33,800.

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# 1068724

What's Nearby

restaurants
Hardee's
0.2 mi away
shopping
Sunoco Mart
0.3 mi away
vets
Animal Medical Clinic
0.3 mi away
grocery
Walmart Neighborhood Market
0.3 mi away
dog parks
Melbourne Pieloch Dog Park
0.3 mi away
dog parks
Melbourne Pieloch Dog Park
0.3 mi away
restaurants
Hookah Cafe
0.4 mi away
coffee shops
Hookah Cafe
0.4 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1068724 · 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.