Island Walk Townhomes
Condos for Sale in Melbourne, FL
All 711 homes for sale in Melbourne, FL · median $399,000 · 88 condos for sale in Melbourne · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of September 2026, the MLS records 14 closed sales in Island Walk Townhomes Condo in Melbourne, FL since 2018, the most recent in May 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).
| Location | Melbourne, Brevard County, FL · ZIP 32937 |
|---|---|
| Homes in the community | 10 (FL DOR 2025 assessment roll) |
| Years built | 2020–2020 (median 2020.0) |
| Typical living area | 2,342 sq ft (median) |
| Amenities listed by sellers | Gated, Management - Off Site, Security Gate, Maintenance Grounds, Management - Full Time, Water |
| For sale right now | 0 active, 1 pending |
| Owner-occupied (homestead) share | 10% |
Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2018 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Island Walk Townhomes Condo key facts,” movewithmomentum.com/neighborhoods/island-walk-townhomes-condo, data as of September 20, 2026.
Island Walk Townhomes is a small townhome-style condo community in Melbourne, and the data we have on it is thin by design: only one closing in the current window and no community amenities showing on the MLS. That means price here is driven far more by the individual unit — its condition, updates, and layout — than by any community feature you're paying a premium for. Treat any single recent sale as a data point, not a trend.
For a buyer, the practical read is that you're negotiating on the merits of the specific unit in front of you, not on comps that are deep or reliable. For a seller, the flip side holds: with limited recent activity, pricing takes judgment and honest condition assessment rather than leaning on a run of neighborhood sales. Both sides benefit from patience and a willingness to walk if the number doesn't match the unit.
The 60-Second Overview
Island Walk Townhomes is a townhome-format condo community in Melbourne, Brevard County, where the value case rests on the individual unit rather than on shared amenities, which do not appear in current MLS listings.
Space Coast MLS sales records identify 7 homes in Island Walk Townhomes Condo that have changed hands since 2019, built between 2017 and 2019 (median 2019), with a median living area of about 2,342 sq ft and a typical 3-bedroom, 2.5-bath layout; 71% 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.
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 Island Walk Townhomes Condo is best for.
Best for
- Buyers who want a townhome-style condo and are comfortable valuing it on the unit's own condition and layout
- Value-minded buyers who prefer lower carrying costs and no premium for shared amenities
- Patient buyers willing to do close diligence on association documents before committing
Probably not for
- Buyers who want a pool, clubhouse, or other resort-style community features
- Buyers who need a deep set of recent comparable sales to feel confident on price
- Buyers looking for a quick, low-scrutiny purchase without reviewing condo association finances
The market around Island Walk Townhomes Condo
Island Walk Townhomes Condo is too small for its own price trend, so here is the market around it.
In ZIP 32937, 265 homes are on the market and 24% are under contract — a steady corner of Melbourne.
Across Brevard County, 4,132 homes are active and 1,477 pending (26% under contract).
In ZIP 32937 (Melbourne), 520 homes closed in the last 12 months at a median of $329K ($211/sq ft), up 0.8% year over year, with a median 36 days on market. Right now 109 active and 38 pending listings put supply at about 3.4 months — a balanced market. See the live ZIP 32937 housing market and the Brevard County market.
ZIP and county figures describe the wider market, not Island Walk Townhomes Condo specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Island Walk Townhomes Condo
Live MLS inventory for Island Walk Townhomes 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 Island Walk Townhomes Condo listings as of 2026-09-22, priced high to low. Based on information from the Space Coast MLS for the period 2018 through 2026. Tap any home to ask about it.
Every Home for Sale in Island Walk Townhomes Condo Right Now (1)
All 1 active and pending Island Walk Townhomes Condo listings with a detail page, newest first, refreshed twice a day from the MLS.
- 740 Lanai Circle #102 · $489,900 · 3 bd / 2.5 ba · pending · listed Jun 26, 2026 · listed by EXP Realty, LLC
Schools
- Brevard County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Indialantic · Elementary
- Hoover · Middle
- Melbourne · High
Zoned schools reflect the assignments reported on recent Island Walk Townhomes 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 Island Walk Townhomes Condo address.
Shop the zone: Homes zoned for Melbourne High School
The Island Walk Townhomes Condo buying strategy.
If we were buying in Island Walk Townhomes 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 Island Walk Townhomes Condo.
A unit-first community
With no community amenities identified from current listings, there's no pool, clubhouse, or shared feature underwriting the price. That can be a positive — you're not carrying dues for amenities you won't use — but it also means the townhome itself has to carry the whole value proposition. Condition, updates, and the interior layout are what will separate a strong buy from an overpriced one.
Thin recent activity — a single closing in the current window — makes this a market where doing your own homework matters. There isn't a wide pool of comparable sales to anchor to, so the right approach is to look hard at the specific unit, understand the condo association's finances and fees, and price the transaction off the property rather than off assumptions about the community.
The location and the amenities are priced into every listing in Island Walk Townhomes Condo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a low-activity community like this, the value we add is in the diligence: reading the association documents, evaluating the individual unit against what limited comps exist, and telling you plainly when a listing is priced ahead of its condition. We'd rather advise you to wait or walk than push a number that the data doesn't support.
Island Walk Townhomes Condo in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $675/month (about $8,100/yr) · median of 11 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $675 per month ($8,100 a year) — the median AssociationFee across 11 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.
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 Island Walk Townhomes 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 Island Walk Townhomes Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Island Walk Townhomes 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 Island Walk Townhomes Condo home worth?
Get a no-obligation home value based on real comparable sales in Island Walk Townhomes 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 →
26% of homes for sale in ZIP 32937 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 (2026-09-25).
Frequently Asked Questions
How many homes are in Island Walk Townhomes Condo?
What share of Island Walk Townhomes Condo is owner-occupied?
When were the homes in Island Walk Townhomes Condo built?
Who is the best real estate agent for Island Walk Townhomes Condo?
How do I find a top Melbourne real estate agent who knows Island Walk Townhomes Condo?
Can Momentum Realty connect me with an agent for Island Walk Townhomes Condo?
Where is Island Walk Townhomes, and what county is it in?
Should you buy in Island Walk Townhomes Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: September 22, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32937)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2018 (14 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 Island Walk Townhomes Condo fits the bigger picture — live prices, inventory, and Momentum Scores:
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