Gleneagles Townhomes
Homes for Sale in Melbourne, FL

All 738 homes for sale in Melbourne, FL · median $396,950 · 93 townhomes for sale in Melbourne · 270 homes for sale in 32940 · Brevard County homes for sale

Community in Melbourne · Brevard County · ZIP 32940
32 homesBuilt 1988–1993
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Built fromLive Space Coast MLS data21 years of closingsFL DOR public recordsUpdated twice daily

As of October 2026, the MLS records 22 closed sales in Gleneagles Townhomes Phase 1 Suntree in Melbourne, FL since 2005, the most recent in July 2026. 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).

Part of the Suntree master-planned community in Melbourne, FL — see all Suntree homes for sale (52 listings across 55 villages and sections in the MLS).

Gleneagles Townhomes Phase 1 Suntree key facts
LocationMelbourne, Brevard County, FL · ZIP 32940
Homes in the community32 (FL DOR 2025 assessment roll)
Years built1988–1993 (median 1993.0)
Typical living area2,373 sq ft (median)
Owner-occupied (homestead) share69%

Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2005 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Gleneagles Townhomes Phase 1 Suntree key facts,” movewithmomentum.com/neighborhoods/gleneagles-townhomes-phase-1-suntree, data as of September 20, 2026.

Live · Gleneagles Townhomes Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
1
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
69%
Owner-occupied · Gleneagles Townhomes
22 of 32 parcels homesteaded (FL DOR 2025)
31%
Non-owner-occupied · Gleneagles Townhomes
incl. 19% trust or LLC-held · 6% out-of-state
32
Homes in the community
32 residential parcels (FL DOR 2025)
Track record · 21 years of records
3
Recorded sales · 2024-2024
median $428K · qualified sales on the county roll (FL DOR 2025)
Est. 1988
Community established
homes built 1988-1993, median 1993 (FL DOR 2025)
3.1%/yr
Turnover rate
about 1 of 32 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

This is a defined townhome phase in the Suntree area of Melbourne, and the honest headline is that the current MLS snapshot is thin. As of mid-July 2026 there are no closings to anchor a price read, so anything you hear about "the market" here is really a read on the broader Suntree townhome context, not this phase specifically.

With no recorded sales in the window and no community amenities surfacing from listings, price in Gleneagles Phase 1 will be driven almost entirely by the individual unit — condition, updates, and interior square footage — rather than by any communal feature. For a buyer that means underwriting each listing on its own merits; for a seller it means the burden is on presentation, because there is no comparable-sale wave carrying you.

Nearby homes for sale

No active listings inside Gleneagles TownhomesHomes 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.

373 Kilmarnock Place
$345K · 0.0 mi away
3 bd · 2 ba · 1,642 sqft
373 Kilmarnock Place
Listed by Elite Real Estate
360 Lofts Drive
$344K · 0.1 mi away
2 bd · 2 ba · 1,624 sqft
360 Lofts Drive
Listed by RE/MAX Elite
340 Oak Haven Drive
$475K · 0.1 mi away
3 bd · 2 ba · 1,757 sqft
340 Oak Haven Drive
Listed by Engel $ Volkers Melbourne
340 Lofts Drive #C-2
$250K · 0.1 mi away
3 bd · 3 ba · 1,988 sqft
340 Lofts Drive #C-2
Listed by aReal Estate Service Team
330 Lofts Drive
$330K · 0.1 mi away
3 bd · 3 ba · 1,995 sqft
330 Lofts Drive
Listed by Better Homes & Gardens RE Star
305 Tangle Run Boulevard #1231
$265K · 0.1 mi away
2 bd · 2 ba · 1,746 sqft
305 Tangle Run Boulevard #1231
Listed by RE/MAX Elite

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

The 60-Second Overview

Gleneagles Townhomes Phase 1 is a small, attached-home pocket within Suntree in Melbourne, Brevard County. It trades quietly enough that at any given moment there may be little or no active data, which makes local, unit-level pricing more important than any published community trend.

Space Coast MLS sales records identify 7 homes in Gleneagles Townhomes that have changed hands since 2005, built between 1988 and 1992 (median 1989), with a median living area of about 1,723 sq ft and a typical 3-bedroom, 2-bath layout; 86% are townhomes. 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.

County records show 3 qualified sales in Gleneagles Townhomes across 2024–2024, median $427,500 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

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 seeking a lower-maintenance attached home in the Suntree area of Melbourne
  • Buyers comfortable underwriting a purchase on unit condition and layout rather than on comparable-sale volume
  • Sellers willing to invest in presentation to lead a market with little recent data

Probably not for

  • Buyers who require resort-style or shared community amenities
  • Buyers who want a deep bench of recent comparable sales before making an offer
  • Buyers looking for a detached single-family home rather than a townhome

The market around Gleneagles Townhomes

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

In ZIP 32940, 418 homes are on the market and 34% are under contract — a fast-moving corner of Melbourne.

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

In ZIP 32940 (Melbourne), 1,061 homes closed in the last 12 months at a median of $405K ($219/sq ft), up 0.4% year over year, with a median 40 days on market. Right now 150 active and 54 pending listings put supply at about 3.0 months — a balanced market. See the live ZIP 32940 housing market and the Brevard County market.

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

Housing distress & ownership in Gleneagles Townhomes Phase 1 Suntree, Melbourne

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

Active inventory in distress
25.0%
1 of 4 listings · short sale 1
Distress share trend — 25.0% 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 Gleneagles Townhomes 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 Gleneagles Townhomes.

Best Buy
Buyers who want an attached home in the Suntree area and are comfortable evaluating a listing on its own merits.
Biggest Risk
The thin transaction record gives you little comparable data to lean on.
Sweet Spot
A well-updated unit priced against the broader Suntree townhome context rather than a nonexistent community trend.
Avoid If
You need amenities or a clear recent-sales track record before you commit.

A thin-data townhome phase

The defining fact about this community right now is scarcity of transactions. There are no closings in the current window and no community amenities identified from active listings, which tells you this is not a place you price by formula. It is a place you price by the specific unit in front of you and by the wider Suntree townhome context around it.

Practically, that changes the process. Buyers should expect to lean on condition, layout, and interior updates to justify an offer rather than a stack of recent same-community sales. Sellers should expect the same scrutiny in reverse and plan for the possibility that a single well-prepared listing can effectively set the tone for the phase, for better or worse.

“

The location and the amenities are priced into every listing in Gleneagles Townhomes. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

When a community has no recent closings and no amenity story to lean on, generic pricing tools fail and local judgment does the work. We price and negotiate Gleneagles Phase 1 off the unit itself and the surrounding Suntree townhome market, so you are not guessing in a data vacuum on either side of the deal.

Gleneagles Townhomes in 15 seconds.

Best forBuyers who want an attached home in the Suntree area and are comfortable evaluating a listing on its own merits.
Biggest advantagePricing here is condition-driven, which rewards buyers and sellers who do the unit-level homework.
Biggest riskThe thin transaction record gives you little comparable data to lean on.
Sweet spotA well-updated unit priced against the broader Suntree townhome context rather than a nonexistent community trend.
Avoid ifYou need amenities or a clear recent-sales track record before you commit.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Gleneagles Townhomes 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 Gleneagles Townhomes.
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 Gleneagles Townhomes sales matched to your home.

What is your Gleneagles Townhomes home worth?

Get a no-obligation home value based on real comparable sales in Gleneagles Townhomes, 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 all homes for sale in Melbourne →

Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Gleneagles Townhomes?
The Florida DOR 2025 assessment roll shows 32 homes in Gleneagles Townhomes (public records).
What share of Gleneagles Townhomes is owner-occupied?
69% of Gleneagles Townhomes parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Gleneagles Townhomes built?
Homes in Gleneagles Townhomes were built between 1988 and 1993, with a median year built of 1993.0 (FL DOR 2025 roll).
Who is the best real estate agent for Gleneagles Townhomes?
The best agent for Gleneagles Townhomes is one who actively works Melbourne and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Gleneagles Townhomes.
How do I find a top Melbourne real estate agent who knows Gleneagles Townhomes?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Gleneagles Townhomes and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Gleneagles Townhomes?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Gleneagles Townhomes purchase or sale - no call center and no pressure.
Where is Gleneagles Townhomes, and what county is it in?
Gleneagles Townhomes is in Melbourne, Brevard County, FL, ZIP 32940. The community's center is about 9 miles northwest of the center of Melbourne (straight-line).
Buyers seeking a lower-maintenance attached home in the Suntree area of MelbourneExcellent fit
Buyers comfortable underwriting a purchase on unit condition and layout rather than on comparable-sale volumeExcellent fit
Sellers willing to invest in presentation to lead a market with little recent dataExcellent fit
Buyers who require resort-style or shared community amenitiesProbably not
Buyers who want a deep bench of recent comparable sales before making an offerProbably not
Buyers looking for a detached single-family home rather than a townhomeProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR assessment roll (street-list match (2 streets, ZIP 32940))
Under-contract sharesSpace Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2005 (22 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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CallFree valuation →
Thinking of selling in Gleneagles Townhomes Phase 1 Suntree? 1 recorded closings (window ending 2026-09-20). 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 Gleneagles Townhomes with Momentum Realty’s local guides.

GGleneagle0.0 mi awayGTGleneagles Townhomes0.0 mi awayGGleneagles0.1 mi away · 14 homes, built 1988–93MVMuirfield Villas0.1 mi away · median $425K, 3 sales/12 moTATanglewood At Suntree Country Club Condo0.1 mi awayWaterside At Suntree0.1 mi away · 2 for saleTATanglewood At Suntree Country Club Condo Stage0.1 mi awayTATanglewood At Suntree Country Club Condo0.1 mi away · median $175K, 5 sales/12 mo

Browse all neighborhood guides →

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