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For SaleSingle Family Home
$289K
485 Poinciana Drive, Melbourne, FL 32935
Bowe Gardens neighborhood
Subdivision: Loveridge Heights Addn 2 Amended Plat of
3
Bedrooms
2
Bathrooms
1,559
Sq Ft
1953
Year Built
$185 /sqft

About This Property

Description from listing agent

**SELLER IS DEFINITELY MOTIVATED AND OFFERS 7K CLOSING COSTS**. This home is far different from a cookie cutter. Cute mid-century home with recent updates. You wont find another like this one!! Many features you will enjoy in this classic with an excellent location just 3 minutes to Ballard Park and only 7 minutes to the beach!! Interior highlights include freshly painted interior, new AC ducts, original cedar ceiling in entry, Bamboo flooring in entry and living room, tile in kitchen, an updated main bath, and recently installed carpet in bedrooms. The largest bedroom has its own AC, BATH, And its own private entry.. The main house entry area is a large, converted patio or carport, fully enclosed and can be utilized for multiple purposes. And Yes, this seller is motivated!!

Space Coast Context

🚀 Launch Viewing — Good Views

30.8 mi from SLC-40

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

Aerospace Commute Guide
Northrop1.2 mi~3 min
L3Harris1.5 mi~3 min
Blue Origin25.1 mi~56 min
SpaceX26.1 mi~58 min
Lockheed26.1 mi~58 min
Boeing/KSC27.6 mi~1h 2m
KSC28.1 mi~1h 3m

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.

Price History

Date
Event
Price
  • 7/3/26
    Listed
    $289K
    $185/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 16 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
11.2% above median
Median comparable close: $260,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
97.1% of list price
At that rate, a competitive offer ≈ $280,701
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 16 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
Days on Market
8
MLS Area
323 - Eau Gallie

Schools

Elementary

Harbor City

Middle School

Hoover

High School

Eau Gallie

Financial & Listing Details

Listed
Jul 3, 2026
Parcel #
27-37-21-76-00002.0-0010.00
$289K

Listing Agent (for property info)

S
Spence Servoss
Coldwell Banker Realty
321-960-1298
Call Listing Agent

Estimated Monthly Payment

$1,962/mo
Principal & interest
$1,523
Property taxes
$289
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $289K price — down payment shown: $57,800.

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# 1081631

Interested in this property?

Equal Housing Opportunity

MLS# 1081631 · 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.