1 / 18
For SaleSingle Family Home
$256K
518 Sylvia Road, Melbourne, FL 32904
University Park neighborhood
Subdivision: Cannova Park Sec C
2
Bedrooms
2
Bathrooms
1,008
Sq Ft
1978
Year Built
$254 /sqft

About This Property

Description from listing agent

ATTENTION BUYERS -NEW ROOF JUST INSTALLED & PAID FOR IN FULL BY SELLER! 2 Bed 2 Bath concrete block home located in West Melbourne. Home has fresh interior & exterior paint, tile floors throughout, newer electrical panel, A/C was just done in 2023. Newer garage door/opener 2020, great fenced backyard w/tool shed, screened porch and extra slab! Location is great and conveniently located to shopping, schools, and restaurants. Looking to head to the beach? Its only 6 miles straight east on 192.

Space Coast Context

🚀 Launch Viewing — Good Views

34.3 mi from SLC-40

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

Aerospace Commute Guide
L3Harris2.4 mi~5 min
Northrop4.3 mi~10 min
Blue Origin28.6 mi~1h 4m
SpaceX29.5 mi~1h 6m
Lockheed29.6 mi~1h 6m
Boeing/KSC31 mi~1h 9m
KSC31.4 mi~1h 10m

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
  • 1/16/26
    Listed
    $256K
    $254/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 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
10.2% below market
Median comparable close price: $285,000
Typical Offer Discount
98.3% of list price
At that rate, a competitive offer ≈ $251,488
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 1 comparable sale 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
0.17 acres (7,405 sqft)
Full Baths
2
Garage
1 car (attached)
Days on Market
225
MLS Area
331 - West Melbourne

Schools

Elementary

Meadowlane

Middle School

Central

High School

Melbourne

Financial & Listing Details

Listed
Jan 16, 2026
Parcel #
28-37-07-01-0000o.0-0025.00
$256K

Listing Agent (for property info)

C
Chris Register
Angel Analytics, LLC
321-344-4099
Call Listing Agent

Estimated Monthly Payment

$1,754/mo
Principal & interest
$1,348
Property taxes
$256
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $256K price — down payment shown: $51,180.

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# 1066722

What's Nearby

grocery
Publix
0.5 mi away
restaurants
Popeyes
0.5 mi away
restaurants
Taco Bell
0.6 mi away
restaurants
Arby's
0.6 mi away
restaurants
Burger King
0.6 mi away
restaurants
McDonald's
0.6 mi away
grocery
Gordon Food Service
0.7 mi away
vets
Maybeck Animal Hospital
0.7 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1066722 · Listing Broker: Angel Analytics, 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.