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For SaleSingle Family Home
$270K
1601 Norman Drive, Melbourne, FL 32901
Downtown Melbourne neighborhood
Subdivision: Magnolia Park Replat
3
Bedrooms
2
Bathrooms
1,778
Sq Ft
1952
Year Built
$152 /sqft

About This Property

Description from listing agent

Welcome home to this centrally located 3-bedroom, 1.5-bath home in Melbourne! Conveniently situated near shopping, Melbourne Orlando International Airport, and with easy access to US-192 and US-1, this home puts everything you need within reach. The home also offers wheelchair accessibility for added convenience. Inside, you'll find two spacious living areas—perfect for entertaining, relaxing, or creating a flexible bonus space—along with a large dining area. A 1-car garage, ample driveway parking, and a storage shed provide plenty of room for vehicles, tools, and more. Additional highlights include a metal roof installed in 2019 and an A/C system from 2016. Come see all the space, convenience, and potential this Melbourne home has to offer!

Space Coast Context

🚀 Launch Viewing — Good Views

33.2 mi from SLC-40

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

Aerospace Commute Guide
L3Harris1.1 mi~2 min
Northrop3 mi~7 min
Blue Origin27.3 mi~1h 1m
SpaceX28.4 mi~1h 3m
Lockheed28.4 mi~1h 3m
Boeing/KSC30.1 mi~1h 7m
KSC30.6 mi~1h 8m

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
  • 10/2/26
    Listed
    $270K
    $152/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
10.9% above median
Median comparable close: $243,500 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
97.4% of list price
At that rate, a competitive offer ≈ $262,980
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
0.16 acres (6,970 sqft)
Full Baths
1
Half Baths
1
Garage
1 car (attached)
Days on Market
9
MLS Area
330 - Melbourne - Central

Schools

Elementary

University Park

Middle School

Stone

High School

Melbourne

Financial & Listing Details

Listed
Oct 2, 2026
Parcel #
28-37-04-26-00007.0-0013.00
$270K

Listing Agent (for property info)

T
Timothy Petitti
Real Broker, LLC
321-890-3616
Call Listing Agent

Estimated Monthly Payment

$1,843/mo
Principal & interest
$1,423
Property taxes
$270
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $270K price — down payment shown: $54,000.

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# 1089085

What's Nearby

schools
Florida Air Academy
0.3 mi away
restaurants
McDonald's
0.5 mi away
schools
Holy Trinity School
0.5 mi away
restaurants
Jimmy John's
0.6 mi away
restaurants
Subway
0.6 mi away
restaurants
Tropical Smoothie Cafe
0.6 mi away
golf
Crane Creek Reserve Golf Course
0.6 mi away
pharmacies
Thrifty Discount Pharmacy
0.6 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1089085 · Listing Broker: Real Broker, 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.