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For SaleSingle Family Home
$189K
518 Wisteria Drive, Melbourne, FL 32901
Downtown Melbourne neighborhood
Subdivision: Tradewinds Homes Subd
3
Bedrooms
1
Bathrooms
936
Sq Ft
1956
Year Built
$202 /sqft

About This Property

Description from listing agent

This charming 3 bedroom 1 bath single-family home is ready to make it your own. Significantly updated a few years ago with a bathroom and kitchen remodel and the install of luxury vinyl plank flooring throughout in 2022. Other features include updated lighting fixtures, ceiling fans, HVAC ,electric panel, and the front door has a keyless smart lock. The property includes a one car garage with a remote-controlled door and laundry hook up. Excellent location in the heart of Melbourne with close proximity to shopping, major businesses, the river and a causeway to the beaches. Perfect for the first time homebuyer or an investors dream. Comes fully furnished! Don't let this one get away. New refrigerator, dishwasher, and HVAC Compressor. Plumbing updated (NO cast iron pipes) and electrical in 2022.

Space Coast Context

🚀 Launch Viewing — Good Views

32.1 mi from SLC-40

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

Aerospace Commute Guide
L3Harris0.9 mi~2 min
Northrop2 mi~4 min
Blue Origin26.2 mi~58 min
SpaceX27.3 mi~1h 1m
Lockheed27.3 mi~1h 1m
Boeing/KSC29.1 mi~1h 5m
KSC29.6 mi~1h 6m

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
  • 5/1/26
    Listed
    $189K
    $202/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

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
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
Garage
1 car (attached)
Days on Market
122
MLS Area
323 - Eau Gallie

Schools

Elementary

Harbor City

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
May 1, 2026
Parcel #
27-37-34-25-0000e.0-0005.00
$189K

Listing Agent (for property info)

L
Lara Fergueson
Coldwell Banker Realty
808-258-2389
Call Listing Agent

Estimated Monthly Payment

$1,335/mo
Principal & interest
$996
Property taxes
$189
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $189K price — down payment shown: $37,800.

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# 1076159

What's Nearby

restaurants
Sonic
0.1 mi away
schools
Keiser University
0.3 mi away
pharmacies
Walgreens
0.4 mi away
police
Joseph Pellicano Law Enforcement Center
0.4 mi away
schools
Melbourne High School
0.6 mi away
schools
Melbourne High School
0.6 mi away
schools
Private School of Progressive Education
0.6 mi away
schools
(Former Central Junior High School)
0.7 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1076159 · Listing Broker: Coldwell Banker 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.