Indian River Colony Club Pud
Homes for Sale in Melbourne, FL

All 714 homes for sale in Melbourne, FL · median $399,000 · 275 homes for sale in 32940 · Brevard County homes for sale

Community in Melbourne · Brevard County · ZIP 32940
40 homesBuilt 1989–2000
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Built fromLive Space Coast MLS data22 years of closingsFL DOR public recordsUpdated twice daily

As of September 2026, the MLS records 35 closed sales in Indian River Colony Club Pud Phase 1 Unit 1 Resub in Melbourne, FL since 2004, the most recent in August 2025. Recorded prices since 2024 ran from $200,000 to $250,000 (median $239,000), on homes of 1,026 to 1,467 sq ft. 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 $3,730 ($3,110 with the full homestead exemption).

Indian River Colony Club Pud Phase 1 Unit 1 Resub key facts
LocationMelbourne, Brevard County, FL · ZIP 32940
Homes in the community40 (FL DOR 2025 assessment roll)
Years built1989–2000 (median 1990.0)
Typical living area2,239 sq ft (median)
Owner-occupied (homestead) share78%

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, “Indian River Colony Club Pud Phase 1 Unit 1 Resub key facts,” movewithmomentum.com/neighborhoods/indian-river-colony-club-pud-phase-1-unit-1-resub, data as of September 20, 2026.

Live · Indian River Colony Club Pud Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Ownership and context
78%
Owner-occupied · Indian River Colony Club Pud
31 of 40 parcels homesteaded (FL DOR 2025)
22%
Non-owner-occupied · Indian River Colony Club Pud
incl. 10% trust or LLC-held · 5% out-of-state
40
Homes in the community
40 residential parcels (FL DOR 2025)
Track record · 22 years of records
5
Recorded sales · 2024-2025
median $210K · qualified sales on the county roll (FL DOR 2025)
Est. 1989
Community established
homes built 1989-2000, median 1990 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

This is a small, defined pocket within Indian River Colony Club in Melbourne, and with only a single closing in the current window, there is not enough recent transaction volume to draw a hard price trend. What that means in practice: pricing here is driven by the individual home — its condition, updates, and how it shows — more than by any broad market wave you could point to on a chart.

For a seller, thin closing data cuts both ways. There is no recent comp stack to anchor an aggressive number, so presentation and pricing discipline carry the weight. For a buyer, the same scarcity means you are negotiating against the merits of one specific property rather than a crowded field, and patience tends to be rewarded when inventory is this limited.

Nearby homes for sale

No active listings inside Indian River Colony Club PudHomes 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.

1680 Old Glory Boulevard
$239K · 0.0 mi away
2 bd · 2 ba · 1,033 sqft
1680 Old Glory Boulevard
Listed by Four Star Real Estate LLC
1161 Continental Avenue
$300K · 0.1 mi away
2 bd · 2 ba · 1,880 sqft
1161 Continental Avenue
Listed by Four Star Real Estate LLC
1256 Continental Avenue
$370K · 0.1 mi away
3 bd · 2 ba · 2,011 sqft
1256 Continental Avenue
Listed by Four Star Real Estate LLC
1311 Independence Avenue
$359K · 0.2 mi away
4 bd · 2.5 ba · 1,859 sqft
1311 Independence Avenue
Listed by Four Star Real Estate LLC
1309 Pilgrim Avenue
$310K · 0.2 mi away
2 bd · 2 ba · 1,868 sqft
1309 Pilgrim Avenue
Listed by Four Star Real Estate LLC
1048 Ironsides Avenue
$349K · 0.2 mi away
2 bd · 2 ba · 1,868 sqft
1048 Ironsides Avenue
Listed by Four Star Real Estate LLC

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

The 60-Second Overview

Indian River Colony Club Pud Phase 1 Unit 1 Resub is a defined subsection of the larger Indian River Colony Club community in Melbourne, Brevard County. It is a low-turnover pocket, so what comes to market matters more than the market itself.

Space Coast MLS sales records identify 363 homes in Indian River Colony Club Pud that have changed hands since 2004, built between 1988 and 1991 (median 1989), with a median living area of about 2,011 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. 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 5 qualified sales in Indian River Colony Club Pud across 2024–2025 (4 in 2024, 1 in 2025), median $210,000 — 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 prioritizing a low-turnover, defined community and willing to wait for the right listing
  • Buyers who evaluate a home on its own condition and updates rather than on recent sales volume
  • Buyers comfortable doing diligence on what the broader association includes

Probably not for

  • Buyers who need a deep stack of recent comps to feel confident on price
  • Buyers on a tight timeline who need consistent inventory to choose from
  • Buyers expecting identified on-site amenities without verifying them first

The market around Indian River Colony Club Pud

Indian River Colony Club Pud 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 Indian River Colony Club Pud specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in Indian River Colony Club Pud Phase 1 Unit 1 Resub, 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 6 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 Indian River Colony Club Pud 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 Indian River Colony Club Pud.

Best Buy
Buyers who want a quiet, defined pocket and are shopping the individual home, not a trend.
Biggest Risk
Thin closing data makes pricing and valuation harder to anchor.
Sweet Spot
A well-maintained or updated home priced to its condition rather than to a crowd.
Avoid If
You need active comps and fast, data-driven price confidence.

A low-volume pocket where the individual home sets the tone

With a single closing in the current window, this is not a community you shop by dashboard. Value comes down to the specific house in front of you: layout, condition, and the quality and recency of updates. Two homes here can justify very different numbers, and the median on its own tells you less than a walk-through will.

No amenities were identified from the current MLS listings for this specific resub, so treat any shared features as something to verify directly rather than assume. The upside of a quiet, defined pocket is exactly that — quiet and defined — but it also means you should do your homework on what the broader Indian River Colony Club association does and does not include before you write an offer.

“

The location and the amenities are priced into every listing in Indian River Colony Club Pud. 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 pocket this thin on recent sales, the wrong price is easy to set and hard to recover from. We work the actual home in front of us — condition, updates, and how it stacks against the limited comps available — and we will tell you plainly when the number does not hold up. On the buy side, we help you verify what the community includes and negotiate on the merits of the specific property rather than on assumptions.

Indian River Colony Club Pud in 15 seconds.

Best forBuyers who want a quiet, defined pocket and are shopping the individual home, not a trend.
Biggest advantageLow turnover means less competition on any given listing.
Biggest riskThin closing data makes pricing and valuation harder to anchor.
Sweet spotA well-maintained or updated home priced to its condition rather than to a crowd.
Avoid ifYou need active comps and fast, data-driven price confidence.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Indian River Colony Club Pud 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 Indian River Colony Club Pud.
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 Indian River Colony Club Pud sales matched to your home.

What is your Indian River Colony Club Pud home worth?

Get a no-obligation home value based on real comparable sales in Indian River Colony Club Pud, 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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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Indian River Colony Club Pud?
The Florida DOR 2025 assessment roll shows 40 homes in Indian River Colony Club Pud (public records).
What share of Indian River Colony Club Pud is owner-occupied?
78% of Indian River Colony Club Pud parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Indian River Colony Club Pud built?
Homes in Indian River Colony Club Pud were built between 1989 and 2000, with a median year built of 1990.0 (FL DOR 2025 roll).
Who is the best real estate agent for Indian River Colony Club Pud?
The best agent for Indian River Colony Club Pud 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 Indian River Colony Club Pud.
How do I find a top Melbourne real estate agent who knows Indian River Colony Club Pud?
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 Indian River Colony Club Pud and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Indian River Colony Club Pud?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Indian River Colony Club Pud purchase or sale - no call center and no pressure.
Where is Indian River Colony Club Pud, and what county is it in?
Indian River Colony Club Pud is in Melbourne, Brevard County, FL, ZIP 32940. The community's center is about 12 miles northwest of the center of Melbourne (straight-line).
Buyers prioritizing a low-turnover, defined community and willing to wait for the right listingExcellent fit
Buyers who evaluate a home on its own condition and updates rather than on recent sales volumeExcellent fit
Buyers comfortable doing diligence on what the broader association includesExcellent fit
Buyers who need a deep stack of recent comps to feel confident on priceProbably not
Buyers on a tight timeline who need consistent inventory to choose fromProbably not
Buyers expecting identified on-site amenities without verifying them firstProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR assessment roll (street-list match (1 streets, ZIP 32940))
Under-contract sharesSpace Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2004 (35 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 Indian River Colony Club Pud Phase 1 Unit 1 Resub? 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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