Gullhouse Iii Condo in Melbourne Beach

Gullhouse Iii
Condos for Sale in Melbourne Beach, FL

All 140 homes for sale in Melbourne Beach, FL · median $724,950 · 28 condos for sale in Melbourne Beach · 130 homes for sale in 32951 · Brevard County homes for sale

Community in Melbourne Beach · Brevard County · ZIP 32951
12 homesBuilt 1958–2005
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Photo via Space Coast MLS

Built fromLive Space Coast MLS data22 years of closingsFL DOR public recordsUpdated twice daily

As of October 2026, Gullhouse Iii Condo in Melbourne Beach, FL has 1 home for sale. As of October 2026, the MLS records 20 closed sales in Gullhouse Iii Condo in Melbourne Beach, FL since 2004, the most recent in May 2025. Across Melbourne Beach as a whole, 71 homes closed in the last 12 months at a median of $662,500, 59 median days on market, with 21 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $10,340 ($9,720 with the full homestead exemption).

Gullhouse Iii Condo key facts
LocationMelbourne Beach, Brevard County, FL · ZIP 32951
Homes in the community12 (FL DOR 2025 assessment roll)
Years built1958–2005 (median 1971.5)
Typical living area709 sq ft (median)
Amenities listed by sellersBeach Access, Elevator(s), Maintenance Grounds, Management - Full Time, Storage, Trash
For sale right now1 active, 0 pending · median asking $599,900
Owner-occupied (homestead) share25%

Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2004 through 2025; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Gullhouse Iii Condo key facts,” movewithmomentum.com/neighborhoods/gullhouse-iii-condo, data as of September 20, 2026.

Live · Gullhouse Iii Condo Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0%
Under contract
Brevard: 26% (1,477 of 5,609)
1 · 0
For sale · pending
live counts, refreshed twice daily
Ownership and context
25%
Owner-occupied · Gullhouse Iii Condo
3 of 12 parcels homesteaded (FL DOR 2025)
75%
Non-owner-occupied · Gullhouse Iii Condo
incl. 25% trust or LLC-held · 50% out-of-state
12
Homes in the community
12 residential parcels (FL DOR 2025)
Track record · 22 years of records
Est. 1958
Community established
homes built 1958-2005, median 1972 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Gullhouse III is a small condo community in Melbourne Beach, and as of mid-2026 there is essentially nothing trading here to read from — the recent closing window is empty. That is not a red flag by itself; small associations simply don't generate steady turnover. It does mean price discovery happens one unit at a time, and whatever the last comparable sold for carries outsized weight.

With no current amenity story pulled from the listings and no active sales trail, condition and floor plan will set the price more than anything else. A buyer should expect to negotiate off the specific unit, not a community average. A seller should expect a longer proving period and be ready to justify the ask on the merits of the actual space and its location near the beach.

The 60-Second Overview

A small condo community in Melbourne Beach, Brevard County, with no closings in the current window and no amenities identified from current MLS listings — a place you evaluate unit-by-unit rather than by the numbers.

Space Coast MLS sales records identify 12 homes in Gullhouse Iii Condo that have changed hands since 2011, built between 1986 and 1986 (median 1986), with a median living area of about 1,256 sq ft and a typical 2-bedroom, 2-bath layout; 100% 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 set on a Melbourne Beach coastal address who will judge a condo unit by unit
  • Long-hold buyers untroubled by low turnover and slow price signals
  • Detail-oriented buyers who will read the association's finances and rules before offering

Probably not for

  • Buyers who need an active resale market and easy exit liquidity
  • Buyers who rely on a stack of recent comps to justify a price
  • Buyers wanting a full amenity package, since none was identified from current listings

The market around Gullhouse Iii Condo

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

In ZIP 32951, 171 homes are on the market and 22% are under contract — a steady corner of Melbourne Beach.

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

In ZIP 32951 (Melbourne Beach), 102 homes closed in the last 12 months at a median of $645K ($335/sq ft), down 6.7% year over year, with a median 60 days on market. Right now 28 active and 6 pending listings put supply at about 6.7 months — a buyer's market. See the live ZIP 32951 housing market and the Brevard County market.

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

Housing distress & ownership in Gullhouse Iii Condo, Melbourne Beach

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 5 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.

Homes For Sale Right Now in Gullhouse Iii Condo

Live MLS inventory for Gullhouse Iii Condo. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Gullhouse Iii Condo listings as of 2026-10-01, priced high to low. Based on information from the Space Coast MLS for the period 2004 through 2025. Tap any home to ask about it.

Every Home for Sale in Gullhouse Iii Condo Right Now (1)

All 1 active and pending Gullhouse Iii Condo listings with a detail page, newest first, refreshed twice a day from the MLS.

Schools

In short
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Gemini · Elementary
  • Hoover · Middle
  • Melbourne · High

Zoned schools reflect the assignments reported on recent Gullhouse Iii Condo listings and can change; always confirm with Brevard County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Gullhouse Iii Condo address.

If we were buying in Gullhouse Iii 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 Gullhouse Iii Condo.

Best Buy
Buyers who want a Melbourne Beach condo and are comfortable evaluating a single unit on its own merits.
Biggest Risk
Thin data — no closings in the current window means shaky price discovery.
Sweet Spot
A well-conditioned unit priced honestly against the last relevant comparables.
Avoid If
You need liquidity or a deep sales history to feel confident on price.

A thin-data beachside condo

The defining feature of Gullhouse III right now is the absence of a trading record. With no closings in the current window, there is no clean recent comp to anchor value, so pricing leans on unit condition, layout, and the strength of the Melbourne Beach location itself. When a unit does list, it tends to be its own event rather than one data point in a busy stream.

No community amenities surfaced from the current listings, so don't underwrite this on shared facilities. Underwrite it on the barrier-island location, the specifics of the individual condo, and the association's finances and rules — which any serious buyer should read closely before writing an offer.

“

The location and the amenities are priced into every listing in Gullhouse Iii 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 community this small with no recent sales, the value work is manual — reading the association documents, tracking the last relevant comparables in and around Melbourne Beach, and pricing the actual unit rather than a headline number. That is exactly the kind of ground-level analysis we do before anyone lists or offers here.

Gullhouse Iii Condo in 15 seconds.

Best forBuyers who want a Melbourne Beach condo and are comfortable evaluating a single unit on its own merits.
Biggest advantageA barrier-island location where value hinges on the specific home, not a crowded comp set.
Biggest riskThin data — no closings in the current window means shaky price discovery.
Sweet spotA well-conditioned unit priced honestly against the last relevant comparables.
Avoid ifYou need liquidity or a deep sales history to feel confident on price.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Gullhouse Iii Condos for Sale in Melbourne Beach, 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 Gullhouse Iii Condos for Sale in Melbourne Beach, 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 Gullhouse Iii Condo sales matched to your home.

What is your Gullhouse Iii Condo home worth?

Get a no-obligation home value based on real comparable sales in Gullhouse Iii 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.

See all homes for sale in Melbourne Beach →

Real comps, not an automated estimate.
How much local inventory is already under contract

21% of homes for sale in ZIP 32951 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-01).

Frequently Asked Questions

How many homes are in Gullhouse Iii Condo?
The Florida DOR 2025 assessment roll shows 12 homes in Gullhouse Iii Condo (public records).
What share of Gullhouse Iii Condo is owner-occupied?
25% of Gullhouse Iii Condo parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Gullhouse Iii Condo built?
Homes in Gullhouse Iii Condo were built between 1958 and 2005, with a median year built of 1971.5 (FL DOR 2025 roll).
Who is the best real estate agent for Gullhouse Iii Condo?
The best agent for Gullhouse Iii Condo is one who actively works Melbourne Beach 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 Gullhouse Iii Condo.
How do I find a top Melbourne Beach real estate agent who knows Gullhouse Iii Condo?
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 Gullhouse Iii Condo and the wider Melbourne Beach area.
Can Momentum Realty connect me with an agent for Gullhouse Iii Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Gullhouse Iii Condo purchase or sale - no call center and no pressure.
Where is Gullhouse Iii, and what county is it in?
Gullhouse Iii is in Melbourne Beach, Brevard County, FL, ZIP 32951. The community's center is about 9 miles south of the center of Melbourne Beach (straight-line).
Buyers set on a Melbourne Beach coastal address who will judge a condo unit by unitExcellent fit
Long-hold buyers untroubled by low turnover and slow price signalsExcellent fit
Detail-oriented buyers who will read the association's finances and rules before offeringExcellent fit
Buyers who need an active resale market and easy exit liquidityProbably not
Buyers who rely on a stack of recent comps to justify a priceProbably not
Buyers wanting a full amenity package, since none was identified from current listingsProbably not

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: October 1, 2026)
Housing stock & ownershipFlorida DOR assessment roll (street-list match (3 streets, ZIP 32951))
Under-contract sharesSpace Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2004 (20 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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Thinking of selling in Gullhouse Iii Condo? 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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