For sale

$589,000

862 Potomac Dr, West Melbourne, FL 32904

4beds

2,475sqft

$3,842/mo

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Single Family Residence

Built in 2001

0.51 Acres Lot

$-- Zestimate^®

$238/sqft

$53/mo HOA

What's special

Waterfront lots

Welcome to 862 Potomac Drive, a remarkable home located in one of the most desirable gated neighborhoods in West Melbourne. This home is on one of the most desireable waterfront lots in the subdivision at the end of a cul-de-sac and backs up to a lake and Florida protected wetlands. The owner was one of the developers that reserved this lot for his home. There are many upgrades and special features for this home. The information is provided in the home.

15 days

477

17

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: Main
Area: 228
Dimensions: 19.00 x 12.00

Bedroom 2

Level: Main
Area: 195
Dimensions: 15.00 x 13.00

Bedroom 3

Level: Main
Area: 182
Dimensions: 14.00 x 13.00

Bedroom 4

Level: Main
Area: 120
Dimensions: 12.00 x 10.00

Primary bathroom

Level: Main

Bathroom 2

Level: Main

Dining room

Level: Main
Area: 132
Dimensions: 12.00 x 11.00

Family room

Level: Main
Area: 391
Dimensions: 23.00 x 17.00

Florida room

Level: Main

Kitchen

Level: Main
Area: 190
Dimensions: 19.00 x 10.00

Laundry

Level: Main
Area: 88
Dimensions: 11.00 x 8.00

Living room

Level: Main
Area: 273
Dimensions: 21.00 x 13.00

Heating

Central

Cooling

Central Air

Features

Flooring: Carpet, Tile
Has fireplace: No

Interior area

Total interior livable area: 2,475 sqft

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Property

Parking

Total spaces: 3
Parking features: Attached, Garage, Garage Door Opener
Attached garage spaces: 3

Features

Stories: 1
Exterior features: Courtyard, Other
On waterfront: Yes
Waterfront features: Lake Front

Lot

Size: 0.51 Acres
Features: Cul-De-Sac, Irregular Lot, Many Trees, Sprinklers In Front, Sprinklers In Rear, Wetlands, Wooded

Details

Additional parcels included: 2735920
Parcel number: 273635020000d.00060.00
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Block, Stucco

Condition

New construction: No
Year built: 2001

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

Community & HOA

Community

Subdivision: The Falls at Sheridan Phase II

HOA

Has HOA: Yes
HOA fee: $636 annually
HOA name: The Falls at Sheridan HOA

Location

Region: West Melbourne

Financial & listing details

Price per square foot: $238/sqft
Tax assessed value: $425,300
Annual tax amount: $6,078
Date on market: 7/13/2026
Listing terms: Cash,Conventional,FHA,VA Loan,Other

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/13/2026	Listed for sale	$589,000+1592.5%$238/sqft
Source: Space Coast AOR #1082425 Report a problem
1/15/1997	Sold	$34,800$14/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,078 +7.5%	$425,300 -0.4%
2024	$5,654 +2.3%	$426,880 +0.1%
2023	$5,528 +11.1%	$426,500 +4.1%
2022	$4,975 +11.5%	$409,850 +42.9%
2021	$4,462 +3.1%	$286,750 +4.1%
2020	$4,326 +2%	$275,430 +5.5%
2019	$4,244	$261,090 +2.9%
2018	$4,244 +0.2%	$253,820 +3.4%
2017	$4,234 +1.5%	$245,440 +11%
2016	$4,171 +5.5%	$221,100 +45.5%
2015	$3,954 +75.7%	$151,920 +0.8%
2014	$2,250	$150,720 -10.7%
2013	--	$168,860 +15.6%
2012	$1,950 -0.9%	$146,020 -0.6%
2011	$1,968 -9.3%	$146,900 -11.5%
2010	$2,169 -11.3%	$166,070 -11.9%
2009	$2,447 -34.3%	$188,550 -31.4%
2008	$3,723 -3.6%	$275,000 -1.4%
2007	$3,863 -9.4%	$279,000 +2.6%
2005	$4,262 +25.5%	$271,950 +34.5%
2004	$3,397 +43.3%	$202,210 +15.4%
2003	$2,370 +2.9%	$175,250 +15%
2002	$2,303 +304.8%	$152,440 +376.4%
2001	$569 +2.9%	$32,000
2000	$553	$32,000

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 32904

Getting around

1 / 100

Car-Dependent

29 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

4/10
Roy Allen Elementary School
Grades: PK-6Distance: 2.3 mi
5/10
Central Middle School
Grades: 7-8Distance: 3 mi
6/10
Melbourne Senior High School
Grades: 9-12Distance: 4.5 mi

Schools provided by the listing agent

Elementary: Roy Allen
Middle: Central
High: Melbourne

Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.