Lighthouse Cove
Condos for Sale in Melbourne Beach, FL
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 26 closed sales in Lighthouse Cove Condo Ph Iv in Melbourne Beach, FL since 2004, the most recent in January 2026. Across Melbourne Beach as a whole, 71 homes closed in the last 12 months at a median of $683,500, 58 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 $10,670 ($10,040 with the full homestead exemption).
Part of Lighthouse Cove, Melbourne Beach, FL — see all Lighthouse Cove homes for sale (1 listing across 3 sections in the MLS).
Lighthouse Cove Condo Phase IV sits in Melbourne Beach, a barrier-island town with direct beach access and limited inventory. The $340,000 median price and $252/ft² reflect a condo market shaped by oceanfront proximity, Intracoastal views, and the simple scarcity of new construction along this stretch of Brevard's coast. Condition matters here—some units trade at a premium for renovations, others sit longer if finishes feel dated.
The 113-day median time on market tells you this is not a bidding-war environment; three closings over the quarter signal episodic rather than continuous turnover. Sellers who price to condition move units; buyers willing to wait can negotiate. If you want barrier-island living without new-build pricing, this phase offers a defined entry point—but expect the market to reward patience over urgency.
The 60-Second Overview
Lighthouse Cove Condo Phase IV is a Melbourne Beach condominium community on Brevard's barrier island, where the median closed at $340,000 and inventory turns slowly—113 days on market with only three sales in the past quarter.
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 Lighthouse Cove Condo is best for.
Best for
- Buyers targeting Melbourne Beach specifically for ocean access and willing to accept a slower-moving condo market in exchange for barrier-island location.
- Second-home or seasonal owners who plan to hold long-term and are not concerned with month-to-month liquidity.
- Budget-conscious buyers comfortable negotiating on condition or planning modest renovations to units with original finishes.
Probably not for
- Investors seeking rapid turnover or high rental demand; the 113-day DOM and thin volume make quick flips unlikely.
- Buyers who need resort-style amenities, concierge services, or a full calendar of community events.
- Anyone requiring immediate resale flexibility or expecting a liquid market with predictable absorption—three closings per quarter is the reality.
The market around Lighthouse Cove Condo
Lighthouse Cove Condo is too small for its own price trend, so here is the market around it.
In ZIP 32951, 172 homes are on the market and 21% are under contract — a steady corner of Melbourne Beach.
Across Brevard County, 4,087 homes are active and 1,495 pending (27% under contract).
ZIP and county figures describe the wider market, not Lighthouse Cove Condo specifically. Momentum Research analysis of MLS records.
The Lighthouse Cove Condo buying strategy.
If we were buying in Lighthouse Cove 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 Lighthouse Cove Condo.
Barrier‑island condo market, condition‑driven pricing
Melbourne Beach occupies a narrow strip of Atlantic coastline south of the Patrick Space Force Base and north of Sebastian Inlet. Lighthouse Cove Phase IV is one of several condo phases in a walkable beach town with limited commercial sprawl and a year-round mix of residents and seasonal owners. You're buying location—ocean access, low-rise density, and proximity to coastal parks—rather than resort amenities or gated exclusivity.
The $252/ft² median price per square foot reflects older condo stock; units that have seen recent kitchen and bath updates command a premium, while original interiors linger on the market. With only three closings in the quarter and a 113-day median DOM, sellers face a market that rewards realistic pricing and buyers have negotiating leverage if they can tolerate dated finishes or budget for renovations. Inventory here is episodic—units come to market when owners relocate or downsize, not on a predictable schedule.
Melbourne Beach zoning limits high-rise development, so supply remains constrained. The trade-off is a quieter, less commercial beach town with fewer dining and retail options than neighboring Satellite Beach or Indialantic. If you want barrier-island living and are comfortable with a slower-moving market, this phase offers a clear price point; if you need immediate liquidity or expect rapid turnover, the 113-day DOM is your reality check.
The location and the amenities are priced into every listing in Lighthouse Cove Condo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Momentum Realty tracks every Brevard barrier-island condo sale, so we know which units in Lighthouse Cove have sold recently, at what concessions, and how long comparable inventory sat. In a market with only three closings per quarter and 113 days on market, having an agent who can benchmark condition, price your listing to move, or negotiate seller credits for deferred maintenance makes the difference between a closed deal and a stale listing. We'll tell you what the unit is worth today—and when to walk away.
Lighthouse Cove Condo 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 Lighthouse Cove 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 Lighthouse Cove Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lighthouse Cove 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 Lighthouse Cove Condo home worth?
Get a no-obligation home value based on real comparable sales in Lighthouse Cove 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.
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Should you buy in Lighthouse Cove Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | Space Coast MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2004 (26 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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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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