Fairways
Condos for Sale in Melbourne, FL
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 17 closed sales in Fairways Condo Ph Iii in Melbourne, FL since 2004, the most recent in July 2025. Across Melbourne as a whole, 1,101 homes closed in the last 12 months at a median of $389,500, 45 median days on market, with 230 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,080 ($5,460 with the full homestead exemption).
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.
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.
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.
Who Fairways Condo is best for.
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, 251 homes are on the market and 28% are under contract — a steady corner of Melbourne.
Across Brevard County, 4,087 homes are active and 1,495 pending (27% under contract).
ZIP and county figures describe the wider market, not Fairways Condo specifically. Momentum Research analysis of MLS records.
The Fairways Condo buying strategy.
If we were buying in Fairways Condo today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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.
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.
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.
HOA, CDD & Fees
- 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.
Tools for a Fairways Condo buy.
Free calculators to pressure-test the real cost before you tour.
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.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Fairways Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Fairways Condo home worth?
Get a no-obligation home value based on real comparable sales in Fairways Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Should you buy in Fairways Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | Space Coast MLS records, as of 2026-09-08 |
| Historical depth | Closed-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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See how Fairways Condo Ph Iii fits the bigger picture — live prices, inventory, and Momentum Scores: