See Home Value
$525,000
● House - Off Market

863 Potomac Drive

Melbourne, FL 32904
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,340 Ft²
$2,961
Est. Monthly
$49
HOA / Fees
4.85%
Cap Rate

About This Property

Majestic oak trees shade this beautiful, 4 bedroom, two bath pool home, sitting on a 1/2 acre lot. Spectacular and quiet preserve is located on this unique property. Oversized garage... bring your toys! Inviting salt water pool with ample decking for lots of entertaining. Inviting double door entry, open floor plan with 10 foot ceilings! 2018 upgrades include flooring, kitchen, and guest bath. Custom walnut center island, with a skylight above providing ambiance. Entertainment is a breeze with the open floor plan, flowing areas from the foyer, living room, through the spacious kitchen, and to the breakfast nook. Large covered porch overlooking the pool with a passthrough window from the kitchen. 3 sets of sliding glass doors provide easy access to open your home to your tropical pool area. AC replaced in 2023, water heater replaced in 2021. Central vacuum system is sold as is, needs a new hose.
Unit Size
2,340 Ft²
Days on Market
29 days
Land Size
0.50 acres
Price per sqft
$226
Property Type
House
Property Taxes
$309
HOA Dues
$49
Year Built
1999

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Last updated: 6 months ago (Space Coast MLS #1049389)

Price History

Date / Event Date Event Price
Jul 17, 2025 Sold
Sold
Jun 21, 2025 In contract -
In contract
Jun 16, 2025 Listed by BHHS Florida Realty $529,900
Listed by BHHS Florida Realty
Aug 19, 1998 Sold
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 648
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 59
  • Pool Type: 8
  • Location Influence Type: 235

    Dimensions

  • Lot Size Square Feet: 21,780
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,547
  • Gross Building Area: 3,547
  • Building Area: 2,340
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,340
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE FALLS AT SHERIDAN PHASE II
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: THE FALLS AT SHERIDAN PHASE II LOT 61 BLK D

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064601

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 308
  • Account Number: 2735921
  • Subdivision Phase Number: II
  • Parcel: 27-36-35-02-0000D.0-0061.00
  • Block: D
  • Lot: 61
  • Meridian: SEC 35 TWN 27S RNG 36E
  • Municipality: WEST MELBOURNE
  • Latitude: 28.0971
  • Longitude: -80.6934

    Address

  • Full Address: 863 Potomac Dr
  • Address - House Number: 863
  • Address - Street Name: Potomac
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C025
  • 4-Digit Zip Code: 1803
  • Zip Code: 32904

Valuation

    Tax

  • Total Area: 2,869
  • Tax Year: 2022
  • Tax Amount: $346,784
  • Tax Rate Code Area: 52V0

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 553,889
  • High Value: 654,109
  • Low Value: 453,669

    Market Valuation

  • Market Total Value: $391,610

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $276,370

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 07, 1998
  • Current Sale Recording Date: Aug 19, 1998
  • Current Sale Price:
  • Current Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About The Falls at Sheridan


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4540 Bellaluna Drive, Melbourne, FL, 32904

$2,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,865 ft²
4540 Bellaluna Drive, Melbourne, FL, 32904 Listing by Cindy Manzo


Frequently Asked Questions

When was property at 863 Potomac Drive built and last sold?
The property at 863 Potomac Drive was built in 1999 and last sold on Aug 7, 1998 for $40,000.
How much is this home worth?
The estimated value of the home located at 863 Potomac Drive is $536,561.
What are some comparable homes to 863 Potomac Drive?
There are currently no comparable homes to 863 Potomac Drive.