Indian River Colony Club Pud
Homes for Sale in Melbourne, FL
All 730 homes for sale in Melbourne, FL · median $398,500 · 279 homes for sale in 32940 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of November 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, 2,440 homes closed in the last 12 months at a median of $385,000, 45 median days on market, with 695 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).
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.
Figures in this note are as of July 18, 2026. The live market numbers elsewhere on this page update nightly and are newer.
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.
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.
Who Indian River Colony Club Pud is best for.
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 1.7 months — a healthy 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.
The Indian River Colony Club Pud buying strategy.
If we were buying in Indian River Colony Club Pud 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 Indian River Colony Club Pud.
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.
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.
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 Indian River Colony Club Pud 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 Indian River Colony Club Pud sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Indian River Colony Club Pud, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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.
See all homes for sale in Melbourne →
| Location | Melbourne, Brevard County, FL · ZIP 32940 |
|---|---|
| Homes in the community | 40 (FL DOR 2025 assessment roll) |
| Years built | 1989–2000 (median 1990.0) |
| Typical living area | 2,239 sq ft (median) |
| Owner-occupied (homestead) share | 78% |
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 key facts,” movewithmomentum.com/neighborhoods/indian-river-colony-club-pud-phase-1-unit-1-resub, data as of September 20, 2026.
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.
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.
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Frontier Drive (32 homes on record)
- Continental Avenue (30 homes on record)
- Ironsides Avenue (26 homes on record)
- Continental Avenue (23 homes on record)
- Independence Avenue (22 homes on record)
- Mayflower Avenue (21 homes on record)
- Mayflower Avenue (21 homes on record)
- Pioneer Drive (20 homes on record)
- Old Glory Boulevard (11 homes on record)
- Continental Avenue (9 homes on record)
- Mayflower Avenue (9 homes on record)
- Freedom Drive (8 homes on record)
Email me new listings in Indian River Colony Club Pud
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Indian River Colony Club Pud
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Indian River Colony Club Pud will answer, and the answer is published on this page for the next buyer.
Recent Developments in Indian River Colony Club Pud Phase 1 Unit 1 Resub
Development, infrastructure, retail, and school activity affecting Indian River Colony Club Pud Phase 1 Unit 1 Resub, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Retail & Dining
Margarita Island opens in the former El Chico building on Evans Road, Melbourne
The Mexican restaurant chain opened at 1751 Evans Road in Melbourne, its fourth Brevard location and seventh in Florida. It offers a full menu and a full-service bar.
What it may mean for the marketA new sit-down dining option adds to restaurant choices along the Evans Road area of Melbourne. The project is about 4 miles northwest of Indian River Colony Club Pud Phase 1 Unit 1 Resub, elsewhere in Brevard County.
Source: Space Coast Daily - October 2026Market
Brevard September home sales: single-family slows while condos and townhomes gain
Space Coast Association of Realtors data show the September single-family median price at $380,000, up 0.5%, with closed sales down 2.5% to 818 and 3.5 months of supply. Condo and townhouse median price rose 6.9% to $272,500, with 172 closed sales and 5.9 months of supply.
What it may mean for the marketTighter single-family supply and a firmer condo and townhouse segment point to differing inventory conditions across Brevard housing types. The project is about 13 miles northwest of Indian River Colony Club Pud Phase 1 Unit 1 Resub, elsewhere in Brevard County.
Source: Space Coast Daily - October 2026Infrastructure
Melbourne starts a citywide road condition survey with a scanning van
City consultant Michael Baker International began driving every city-maintained road on Oct. 15 with LiDAR, 3D scanners and cameras. The survey should finish by the end of 2026, and the Pavement Management Plan will be updated by early 2027 to prioritize resurfacing.
What it may mean for the marketThe survey will set the resurfacing priority list that shapes road conditions and repair timing across Melbourne. The site is less than a mile east of Indian River Colony Club Pud Phase 1 Unit 1 Resub.
Source: WFTV - June 2026Development
Proposed Brevard County USL soccer stadium would anchor new mixed-use development
Developers unveiled plans for an 8,000-seat professional soccer stadium along West NASA Boulevard by Melbourne Orlando International Airport as the home of the Space Coast Soccer Club. The complex would include restaurants and retail space, with a targeted opening in spring 2028 and about 20 to 25 professional matches per year.
What it may mean for the marketA new stadium and mixed-use complex would add restaurant, retail, and event space to this part of Melbourne and expand the local commercial and entertainment footprint. The project is about 3 miles west of Indian River Colony Club Pud Phase 1 Unit 1 Resub, elsewhere in Brevard County.
Source: FOX 35 Orlando - June 2026Development
West Melbourne's Space Coast Town Center Expands
The 225-acre Space Coast Town Center on U.S. 192 and Interstate 95 in West Melbourne is advancing a new phase called The Landing, which will feature a grocery anchor, retail shops, restaurants, and roughly 300 apartments. When fully built, the overall development is planned to include more than 2,000 residential units, 300 hotel rooms, office space, and retail.
What it may mean for the marketA new phase adds grocery, retail, dining, and apartment capacity to this mixed-use center and expands the local commercial base at a major highway interchange. The project is about 5 miles west of Indian River Colony Club Pud Phase 1 Unit 1 Resub, elsewhere in Brevard County.
Source: WFTV - May 2026Infrastructure
Ellis Road widening from John Rodes Boulevard to Wickham Road advances to construction
FDOT's project to widen Ellis Road from two to four lanes over about 1.8 miles between John Rodes Boulevard and Wickham Road in the Melbourne area had a construction letting scheduled for May 20, 2026, at an estimated construction cost of $57 million. The work includes new sidewalks, buffered bicycle lanes, new traffic signals, and drainage improvements.
What it may mean for the marketWidening this corridor would increase road capacity and add sidewalks and bike lanes across a key West Melbourne and Melbourne connection. The project is about 4 miles northwest of Indian River Colony Club Pud Phase 1 Unit 1 Resub, elsewhere in Brevard County.
Source: CFL Roads (FDOT)
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
How many homes are in Indian River Colony Club Pud?
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When were the homes in Indian River Colony Club Pud built?
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Should you buy in Indian River Colony Club Pud?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32940)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-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.
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