Fairways
Condos for Sale in Melbourne, FL

All 731 homes for sale in Melbourne, FL · median $389,900 · 94 condos for sale in Melbourne · 195 homes for sale in 32935 · Brevard County homes for sale

Community in Melbourne · Brevard County · ZIP 32935
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Built fromLive Space Coast MLS data22 years of closingsUpdated twice daily

As of October 2026, the MLS records 17 closed sales in Fairways 4 Condo Ph Iii in Melbourne, FL since 2004, the most recent in July 2025. Across Melbourne as a whole, 1,127 homes closed in the last 12 months at a median of $385,000, 44 median days on market, with 229 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,010 ($5,380 with the full homestead exemption).

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Fairways Condo Ph III is a small condo phase in Melbourne, and the honest starting point is that the data here is thin. With only a single closing in the current window and no median price we can stand behind, price is going to be set unit by unit — condition, floor level, updates, and how motivated the seller is will matter far more than any community-wide trend.

For a buyer, that means you negotiate on the specific unit in front of you, not on a market narrative. For a seller, it means pricing off comparable condos in and around the complex and being realistic that a shallow sales record gives you less leverage to argue a number. Expect appraisals and buyer offers to lean on whatever recent, comparable activity exists rather than on this phase alone.

Nearby homes for sale

No active listings inside FairwaysCondos for Sale in Melbourne, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

101 Bristol Lane #101
$125K · 0.2 mi away
2 bd · 2 ba · 890 sqft
101 Bristol Lane #101
Listed by Acosta Realty of Florida Inc.
1964 W Shores Road
$315K · 0.2 mi away
3 bd · 2 ba · 1,330 sqft
1964 W Shores Road
Listed by Coastal Life Properties LLC
2800 Saint James Lane
$305K · 0.2 mi away
3 bd · 2 ba · 1,224 sqft
2800 Saint James Lane
Listed by LoKation
1981 Tallpalm Road
$290K · 0.3 mi away
3 bd · 2 ba · 1,270 sqft
1981 Tallpalm Road
Listed by EXP Realty, LLC
126 Preston Lane #126
$143K · 0.3 mi away
2 bd · 1 ba · 815 sqft
126 Preston Lane #126
Listed by Engel $ Volkers Melbourne
2315 Early Dawn Circle
$340K · 0.3 mi away
2 bd · 2 ba · 1,139 sqft
2315 Early Dawn Circle
Listed by Coldwell Banker Coast Realty

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

This is a condominium phase within a larger Fairways development in Melbourne, Brevard County — a small, defined pocket where the individual unit, not a slate of amenities, drives value.

Space Coast MLS sales records identify 50 homes in Fairways 4 Condo that have changed hands since 2006, built between 1979 and 1980 (median 1979), with a median living area of about 1,128 sq ft and a typical 2-bedroom, 2-bath layout; 96% are condominiums. Source: Space Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • Buyers on a defined condo budget who prioritize the specific unit over a feature list
  • Value-focused buyers willing to negotiate hard on a condition-driven price
  • Buyers comfortable reviewing HOA budgets, reserves, and assessments before offering

Probably not for

  • Buyers who want a robust package of community amenities
  • Buyers who need the reassurance of a deep, actively trading resale market
  • Sellers expecting a strong sales record to justify an aggressive asking price

The market around Fairways Condo

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

In ZIP 32935, 263 homes are on the market and 27% are under contract — a steady corner of Melbourne.

Across Brevard County, 4,132 homes are active and 1,477 pending (26% under contract).

In ZIP 32935 (Melbourne), 401 homes closed in the last 12 months at a median of $297K ($213/sq ft), up 1.4% year over year, with a median 42 days on market. Right now 43 active and 11 pending listings put supply at about 3.3 months — a balanced market. See the live ZIP 32935 housing market and the Brevard County market.

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

Housing distress & ownership in Fairways Condo Ph Iii, Melbourne

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 2 listings
Distress share trend — 0.0% now (2026-09-14 → 2026-09-19)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on information from the Space Coast MLS for the period September 2026 through September 2026. Deemed reliable but not guaranteed.

If we were buying in Fairways Condo 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 Condo.

Best Buy
Buyers who want a specific unit in Melbourne and will judge it on condition, not amenities.
Biggest Risk
A thin sales record gives both sides less pricing leverage and less market certainty.
Sweet Spot
A well-maintained unit bought after a close read of the HOA documents and reserves.
Avoid If
You need shared amenities or a deep, active resale market to feel confident.

A thin-data condo phase

Current MLS listings identify no community amenities for this phase, so buy it for the unit and the location, not for a resort-style feature set. Anything shared — parking, grounds, exterior maintenance — will be defined by the condo association's documents, which you should read before you commit.

Because sales activity is limited, pricing is condition-driven and can vary widely between units. There is no reliable range to quote here; two units in the same phase can trade very differently depending on updates and finishes. That makes a walkthrough and a close look at the HOA budget, reserves, and any special assessments more important than usual.

“

The location and the amenities are priced into every listing in Fairways Condo. 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 phase with this little recent activity, the value is in reading the association documents, understanding the reserves, and pricing off the right comparables rather than a headline number. We will tell you plainly when a unit is priced ahead of what the record supports, and we will help you build an offer — or a listing strategy — that holds up under an appraisal.

Fairways Condo in 15 seconds.

Best forBuyers who want a specific unit in Melbourne and will judge it on condition, not amenities.
Biggest advantageA small, defined condo phase where a careful buyer can negotiate on the individual unit.
Biggest riskA thin sales record gives both sides less pricing leverage and less market certainty.
Sweet spotA well-maintained unit bought after a close read of the HOA documents and reserves.
Avoid ifYou need shared amenities or a deep, active resale market to feel confident.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Fairways Condos for Sale in Melbourne, FL homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Fairways Condos for Sale in Melbourne, FL.
In short
  • HOA status not on record. Verify any dues before you offer
  • 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 Condo sales matched to your home.

What is your Fairways Condo home worth?

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Real comps, not an automated estimate.
Buyers on a defined condo budget who prioritize the specific unit over a feature listExcellent fit
Value-focused buyers willing to negotiate hard on a condition-driven priceExcellent fit
Buyers comfortable reviewing HOA budgets, reserves, and assessments before offeringExcellent fit
Buyers who want a robust package of community amenitiesProbably not
Buyers who need the reassurance of a deep, actively trading resale marketProbably not
Sellers expecting a strong sales record to justify an aggressive asking priceProbably not

Data sources & freshness

Under-contract sharesSpace Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2004 (17 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.

Own a home here?

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 local comps.

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Common questions about Fairways

Where is Fairways?

Fairways is a community in Melbourne, Brevard County, Florida, ZIP 32935.

Are there homes for sale in Fairways right now?

No active listings inside Fairways at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.

Does Fairways have an HOA or CDD?

No HOA is on record for Fairways in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.

Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.

Thinking of selling in Fairways 4 Condo Ph Iii? 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.

Nearby Communities

Explore more neighborhoods near Fairways with Momentum Realty’s local guides.

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Browse all neighborhood guides →

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