Fairways 4 Condo Ph I
Homes for Sale in Melbourne, FL

Community in Melbourne · Brevard County
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Space Coast MLS data21 years of closingsUpdated twice daily
Live · Fairways 4 Condo Ph I Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
1
Sold · last 12 mo
10-yr average: about 3 a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Fairways 4 Condo Ph I is a small condo phase in Melbourne, and with only a single closing in the current window, this is a thin-data market. There is no reliable median to anchor to right now, which means price here is driven far more by the condition of the individual unit, its floor and view, and the association's financial health than by any community-wide trend.

For a buyer, that thinness cuts both ways: fewer comparable sales means more room to negotiate on a unit that has sat, but also less certainty about what a fair number actually is. For a seller, pricing has to lean on unit condition and the broader Melbourne condo picture rather than a deep set of in-community comps. Either way, this is a market where the details of the specific unit and the HOA carry the weight.

Best for

  • Buyers seeking a lower-maintenance condo who will read the HOA documents carefully before committing
  • Value-focused buyers willing to negotiate on a unit's condition rather than chase a trend
  • Owners wanting a Melbourne foothold who care more about the specific unit than shared facilities

Probably not for

  • Buyers who want an amenity-rich community with a pool or clubhouse
  • Buyers who need deep comparable-sales data to feel confident on price
  • Sellers expecting a fast resale driven by high in-community transaction volume

The market around Fairways 4 Condo Ph I

Fairways 4 Condo Ph I is too small for its own price trend, so here is the market around it.

Across Brevard County, 3,585 homes are active and 1,397 pending (28% under contract).

ZIP and county figures describe the wider market, not Fairways 4 Condo Ph I specifically. Momentum Research analysis of MLS records.

If we were buying in Fairways 4 Condo Ph I today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Fairways 4 Condo Ph I.

Best Buy
Buyers comfortable doing document due diligence in a thin market.
Biggest Risk
Sparse comps mean less price certainty and slower read on fair value.
Sweet Spot
A well-kept unit backed by a healthy HOA with clear reserves.
Avoid If
You want amenities or a fast, data-rich resale market.

A thin-data condo phase

With current listings showing no identified community amenities, this is a place to buy for the unit and the location rather than for shared facilities. Any pool, clubhouse, or grounds features should be verified directly against the association documents before you assume them, because they do not appear in the current data.

Because closings have been sparse, do the homework the market won't do for you: review the HOA budget, reserves, and any special assessments, confirm what the monthly fee covers, and read the condition of the specific unit closely. In a low-volume condo phase, those documents tell you more about your real cost of ownership than any headline price would.

The location and the amenities are priced into every listing in Fairways 4 Condo Ph I. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a low-volume condo phase, the value is in the fine print, and that is where we spend our time. We pull the association's financials, pressure-test the comps that do exist against unit condition and view, and tell you plainly when a listing is priced ahead of what the data supports. If it isn't the right fit, we'll say so.

Fairways 4 Condo Ph I in 15 seconds.

Best forBuyers comfortable doing document due diligence in a thin market.
Biggest advantageLight competition can leave room to negotiate on a unit that has lingered.
Biggest riskSparse comps mean less price certainty and slower read on fair value.
Sweet spotA well-kept unit backed by a healthy HOA with clear reserves.
Avoid ifYou want amenities or a fast, data-rich resale market.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Fairways 4 Condo Ph I sales matched to your home.

What is your Fairways 4 Condo Ph I home worth?

Get a no-obligation home value based on real comparable sales in Fairways 4 Condo Ph I, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Fairways 4 Condo Ph I on the map →

Real comps, not an automated estimate.
Buyers seeking a lower-maintenance condo who will read the HOA documents carefully before committingExcellent fit
Value-focused buyers willing to negotiate on a unit's condition rather than chase a trendExcellent fit
Owners wanting a Melbourne foothold who care more about the specific unit than shared facilitiesExcellent fit
Buyers who want an amenity-rich community with a pool or clubhouseProbably not
Buyers who need deep comparable-sales data to feel confident on priceProbably not
Sellers expecting a fast resale driven by high in-community transaction volumeProbably not

Data sources & freshness

Under-contract sharesSpace Coast MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2005 (46 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Space Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Space Coast MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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More Melbourne & Space Coast / Brevard County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Space Coast / Brevard County or the full Neighborhood Finder.

Thinking of selling in Fairways 4 Condo Ph I? 1 recorded closings (window ending 2026-07-15). See the Brevard County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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