Sheridan Estates
Homes for Sale in Melbourne, FL
All 713 homes for sale in Melbourne, FL · median $399,900 · 64 homes for sale in 32904 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of November 2026, Sheridan Estates in Melbourne, FL has 1 home for sale. As of November 2026, the MLS records 22 closed sales in Sheridan Estates in Melbourne, FL since 2005, the most recent in May 2026. Across Melbourne as a whole, 1,028 homes closed in the last 12 months at a median of $386,000, 45 median days on market, with 686 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,020 ($5,400 with the full homestead exemption).
Sheridan Estates is a small community in Melbourne where price is driven almost entirely by the home itself — condition, updates, lot, and layout — rather than any shared amenity package. There is nothing communal here to underwrite value, so what a home has done to its kitchen, roof, and systems does most of the pricing work.
With only a couple of closings in the recent window, this is a thin-data market: individual sales carry outsized weight, and a single renovated or dated home can skew the read. For sellers that means pricing to your specific condition, not a neighborhood average. For buyers it means slower comps and more room to underwrite each property on its own merits.
Figures in this note are as of July 18, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Sheridan Estates right now
🟢 Buyer-leaning market. 12.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Space Coast MLS records, as of September 20, 2026. Confidence: Low (1 active and pending listings, 0 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 13, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Sheridan Estates is a compact residential pocket of Melbourne with no community amenities identified in current listings, so value tracks the individual home rather than any shared feature.
Space Coast MLS sales records identify 17 homes in Sheridan Estates that have changed hands since 2009, built between 1977 and 1984 (median 1979), with a median living area of about 2,366 sq ft and a typical 4-bedroom, 2.5-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 Sheridan Estates across 2024–2025 (3 in 2024, 2 in 2025), median $485,000 — 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 Sheridan Estates is best for.
Best for
- Buyers who want a Melbourne address and will judge each home on its updates and lot
- Value-minded buyers willing to take on a dated home and budget for improvements
- Long-hold owners who don't need shared amenities to justify the purchase
Probably not for
- Buyers who want a clubhouse, pool, or gated amenity package
- Anyone who needs a deep set of recent comps before they'll commit
- Buyers seeking a move-in-ready home with no appetite for condition variance
The market around Sheridan Estates
Sheridan Estates is too small for its own price trend, so here is the market around it.
In ZIP 32904, 234 homes are on the market and 27% 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 32904 (Melbourne), 46 homes closed in the last 12 months at a median of $380K ($205/sq ft), with a median 42 days on market. Right now 5 active and 2 pending listings put supply at about 1.3 months — a healthy market. See the live ZIP 32904 housing market and the Brevard County market.
ZIP and county figures describe the wider market, not Sheridan Estates specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Sheridan Estates
Live MLS inventory for Sheridan Estates. 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 Sheridan Estates listings as of 2026-11-13, priced high to low. Based on information from the Space Coast MLS for the period 2005 through 2026. Tap any home to ask about it.
Every Home for Sale in Sheridan Estates Right Now (1)
All 1 active and pending Sheridan Estates listings with a detail page, newest first, refreshed twice a day from the MLS.
- 8001 Pine Needle Lane · $429,900 · 4 bd / 2 ba · pending · listed Aug 15, 2026 · listed by Pineapple Farms LLC
Schools
- Brevard County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Roy Allen · Elementary
- Central · Middle
- Melbourne · High
Zoned schools reflect the assignments reported on recent Sheridan Estates 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 Sheridan Estates address.
Shop the zone: Homes zoned for Melbourne High School
The Sheridan Estates buying strategy.
If we were buying in Sheridan Estates 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.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
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 Sheridan Estates.
A condition-driven micro-market
Because no amenities were identified from current MLS listings, there is no clubhouse, pool, or gate to lean on when you set or defend a price. That puts the whole conversation back on the house: the state of the roof and mechanicals, whether the kitchen and baths have been touched, and how the lot lives. Expect a wide spread between updated and dated homes, and expect that spread to matter more here than in an amenity-heavy subdivision.
The thin recent activity — just a couple of closings in the window we track — means comps age quickly and a single sale can move the perceived market. Both sides should slow down and read each listing on its own terms rather than assuming a clean neighborhood pattern exists.
The location and the amenities are priced into every listing in Sheridan Estates. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a small, thin-data pocket like Sheridan Estates, the analysis has to happen home by home. We underwrite each property on its condition and lot instead of leaning on a neighborhood average, and we will tell you plainly when a specific listing is priced ahead of what its updates support.
Sheridan Estates in 15 seconds.
Tools for a Sheridan Estates 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 Sheridan Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Sheridan Estates, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Sheridan Estates home worth?
Get a no-obligation home value based on real comparable sales in Sheridan Estates, 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 32904 |
|---|---|
| Homes in the community | 83 (FL DOR 2025 assessment roll) |
| Years built | 1944–1996 (median 1977.5) |
| Typical living area | 3,012 sq ft (median) |
| Amenities listed by sellers | Closed Circuit Camera(s) |
| For sale right now | 1 active, 0 pending · median asking $429,900 · 12.0 months of supply |
| Owner-occupied (homestead) share | 76% |
Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2005 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Sheridan Estates key facts,” movewithmomentum.com/neighborhoods/sheridan-estates, data as of September 20, 2026.
Housing distress & ownership in Sheridan Estates, 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 November 2026 through November 2026. Deemed reliable but not guaranteed.
More Melbourne home searches
- All homes for sale in Melbourne, FL
- Homes for sale in Brevard County, FL
- Melbourne pool homes for sale
- Melbourne waterfront homes for sale
- Gated communities in Melbourne
- Melbourne golf course homes
- Homes under $300K in Melbourne
- 4-bedroom homes for sale in Melbourne
- Melbourne home values: what is my house worth?
Melbourne guides & data
- Market data
- Cost of living
- Best neighborhoods (ranked by data)
- Best neighborhoods
- Flood zones
- Property taxes (Brevard County)
- Homestead exemption (Brevard County)
- Home insurance cost
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
- Florida documentary stamp tax, explained
- Cheapest places to live in Florida
Real estate agent in Melbourne? Join Momentum in Melbourne: 100% commission, one $12K cap.
Email me new listings in Sheridan Estates
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 Sheridan Estates
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Sheridan Estates will answer, and the answer is published on this page for the next buyer.
24% of homes for sale in ZIP 32904 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 (2026-11-10).
Recent Developments in Sheridan Estates
Development, infrastructure, retail, and school activity affecting Sheridan Estates, 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 Sheridan Estates, 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 Sheridan Estates, 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 Sheridan Estates.
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 site is about 3 miles west of Sheridan Estates.
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 Sheridan Estates, 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 3 miles northwest of Sheridan Estates, 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
Is Sheridan Estates a buyer's or seller's market right now?
How many homes are in Sheridan Estates?
What share of Sheridan Estates is owner-occupied?
When were the homes in Sheridan Estates built?
Who is the best real estate agent for Sheridan Estates?
How do I find a top Melbourne real estate agent who knows Sheridan Estates?
Can Momentum Realty connect me with an agent for Sheridan Estates?
Where is Sheridan Estates, and what county is it in?
Should you buy in Sheridan Estates?
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: November 13, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (3 streets, ZIP 32904)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2005 (22 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. A Momentum agent can price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Sheridan Estates fits the bigger picture — live prices, inventory, and Momentum Scores: