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For SaleSingle Family Home
$350K
270 Melaleuca Drive, Satellite Beach, FL 32937
Satellite Beach neighborhood
Subdivision: South Patrick Park
3
Bedrooms
1
Bathrooms
1,098
Sq Ft
1961
Year Built
$319 /sqft

About This Property

Description from listing agent

Experience the laid-back beachside lifestyle you've been dreaming of in the heart of Satellite Beach! Tucked away near the end of a quiet dead-end street with minimal traffic, this charming concrete block home is just a short stroll from the sand, surf, and ocean breeze. Imagine starting your mornings with a beach walk, bike ride, or sunrise over the Atlantic, all just minutes from your front door. Inside you'll find classic terrazzo floors, 3 bedrooms, a 1-car garage, and a spacious fenced backyard with endless possibilities for entertaining, pets, gardening, play, or creating your own tropical outdoor retreat. Major updates include a 200-amp electrical service upgrade (2017), roof (2022), and tankless water heater (2024), providing added peace of mind while preserving the home's original character and charm. Conveniently located near restaurants, shopping, parks, Patrick Space Force Base, and top-rated schools. Amazing chance to own an affordable beachside home and make it your own!

Space Coast Context

🚀 Launch Viewing — Good Views

24.2 mi from SLC-40

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

Aerospace Commute Guide
Northrop6 mi~13 min
L3Harris8 mi~18 min
Blue Origin18.3 mi~41 min
SpaceX19.4 mi~43 min
Lockheed19.4 mi~43 min
Boeing/KSC21.4 mi~48 min
KSC22.1 mi~49 min

Estimates only — verify with Google Maps.

Flood Risk

Zone X (500-yr) — Moderate Risk

Moderate flood risk (0.2% annual chance). Flood insurance is optional but advisable.

Estimated flood insurance: $800 – $2,500 / 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
  • 6/19/26
    Price change
    $350K -2.8%
    $319/sqft
  • 6/10/26
    Price change
    $360K -2.7%
    $328/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
2 reductions
Originally listed at $359,900 · Cut $20,000 total
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
0.18 acres (7,841 sqft)
Full Baths
1
Total Rooms
7
Garage
1 car (attached)
Days on Market
102
MLS Area
381 - N Satellite Beach

Schools

Elementary

Sea Park

Middle School

DeLaura

High School

Satellite

Financial & Listing Details

Listed
May 19, 2026
Parcel #
26-37-23-25-00001.0-0018.00
$350K

Listing Agent (for property info)

S
Sean Michaels
Tropical Realty & Inv. of Brev
321-453-4881
Call Listing Agent

Estimated Monthly Payment

$2,343/mo
Principal & interest
$1,844
Property taxes
$350
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $350K price — down payment shown: $69,980.

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# 1077670

What's Nearby

shopping
Kangaroo Express
0.2 mi away
grocery
DeCA
0.3 mi away
restaurants
Burger King
0.5 mi away
shopping
7-Eleven
0.5 mi away
golf
Manatee Cove Golf Club
0.6 mi away
fire stations
South Patrick Shores Fire / Rescue Station 62
0.6 mi away
restaurants
Domino's
0.6 mi away
schools
Sea Park Elementary School
0.7 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1077670 · Listing Broker: Tropical Realty & Inv. of Brev · 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.