Sheridan Lakes
Homes for Sale in Melbourne, FL
All 712 homes for sale in Melbourne, FL · median $395,000 · 62 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
Over the 12 months ending 2026-11-08, 3 recorded sales closed at a median of $482,000, $157 per square foot, a median 83 days on market, sellers accepting 97% of original asking. Homes listed or recently sold were built 2003–2004; 3 of 3 report an HOA (median $33/mo); none of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 25 ft). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $7,520 ($6,900 with the full homestead exemption).
Price in Sheridan Lakes is driven by size and condition, not location gimmicks. These are larger homes — the median living area sits near 2,992 square feet — built in a tight window from 2003 to 2006, so what separates one closing from another is how well a given house has been maintained and updated since. The median sits at $389,000, and at roughly $173 per square foot you are paying for space more than for finishes. Expect a wide spread around that median depending purely on how much work a home does or does not need.
The current posture favors patient buyers. The median home is taking around 108 days to sell, price is down 7.4% year over year, and the heat score of 23 says this is a slow, negotiable market. Sellers should price to the median realistically and plan for time on market rather than a quick bidding contest. Buyers have room to negotiate and little reason to rush.
Figures in this note are as of July 15, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside Sheridan Lakes 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
Sheridan Lakes market snapshot (as of November 8, 2026): the median sale price is about $482K ($157 per sq ft over the trailing 12 months of closed sales), and a median 83 days on market for closed sales.
In ZIP 32904 (Melbourne), 49 homes closed in the last 12 months at a median of $380K ($205/sq ft), with a median 40 days on market. Right now 5 active and 2 pending listings put supply at about 1.2 months — a healthy market. See the live ZIP 32904 housing market and the Brevard County market.
County records show 10 qualified sales in Sheridan Lakes across 2024–2025 (7 in 2024, 3 in 2025), median $475,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Sheridan Lakes is a community of 165 homes in Melbourne, Brevard County, built between 2003 and 2006 (median 2004), with a median living area of about 2,992 square feet. 69% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Sheridan Lakes is a compact, single-vintage community of 166 homes in Melbourne, built in a three-year span in the mid-2000s and weighted toward larger floor plans. With no amenities identified from current listings, the draw here is square footage and a settled, owner-heavy street rather than shared facilities.
The setting & the homes.
Aerial and on-site photos of Sheridan Lakes. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Sheridan Lakes
Sheridan Lakes
Sheridan LakesPhotos from Space Coast MLS listings in Sheridan Lakes; content deemed reliable but not guaranteed.
Who Sheridan Lakes is best for.
Best for
- Buyers prioritizing interior space around the median price who can be patient on timing
- Move-up buyers comfortable budgeting for roof and mechanical updates on a mid-2000s home
- Long-hold buyers who want a stable, owner-occupied street and are not counting on a quick exit
Probably not for
- Buyers who need pool, clubhouse, or other shared amenities on site
- Anyone needing to resell quickly, given a soft market and long days on market
- Buyers wanting new construction or a single small floor plan rather than larger homes
Sheridan Lakes on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Space Coast MLS. Map data © OpenStreetMap contributors.
The Sheridan Lakes buying strategy.
If we were buying in Sheridan Lakes 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 Sheridan Lakes.
A size-first community in a slow market
This is one of the more homogeneous communities you will find in Brevard: nearly every home was built between 2003 and 2006, with the median year at 2004, so structural systems, roofs, and mechanicals are broadly the same age across the neighborhood. That matters for both sides of a deal — inspection findings tend to rhyme, and the age of major components is worth a hard look. The median living area of almost 3,000 square feet means these are substantial houses, which is where the value story sits.
About 69% of homes are homesteaded, pointing to a stable, owner-occupied street rather than a rental-heavy one. Combine that with a soft market — 108 days to a typical sale and prices off 7.4% over the year — and you get a place where turnover is unhurried and negotiation is normal. The long arc has been strong; values are up 152% since 2012, though that is history, not a forecast of what comes next.
The location and the amenities are priced into every listing in Sheridan Lakes. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a same-vintage community moving at 108 days on market, the deal is won on condition analysis and negotiation, not on beating a crowd. We know how to read the age-related risks these mid-2000s homes share, price a listing against the true median rather than wishful comps, and use a soft market to a buyer's advantage. When Sheridan Lakes is not the right fit for your budget or plans, we will say so.
Sheridan Lakes in 15 seconds.
Tools for a Sheridan Lakes 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 Lakes sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Sheridan Lakes, 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 Lakes home worth?
Get a no-obligation home value based on real comparable sales in Sheridan Lakes, 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 | 165 (FL DOR 2025 assessment roll) |
| Years built | 2003–2006 (median 2004) |
| Typical living area | 2,992 sq ft (median) |
| Amenities listed by sellers | Gated, Maintenance Grounds, Management - Full Time, Management - Off Site, Security Gate, Suburban |
| Sale prices, last 12 months | $482,000 median across 3 closed sales · $157 per sq ft |
| Days on market (closed sales) | 83 median |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 69% |
Data as of November 8, 2026. Based on information from the Space Coast MLS for the period 2026 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Sheridan Lakes key facts,” movewithmomentum.com/neighborhoods/sheridan-lakes--brevard, data as of November 8, 2026.
Recently sold in Sheridan Lakes Brevard
- 1292 Sorento Circle · sold $559,900
- 1343 Sorento Circle · sold $450,000
Closed sales from the MLS; each page shows the sold price, taxes and value history.
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
Real estate agent in Melbourne? Join Momentum in Melbourne: 100% commission, one $12K cap.
What it really costs to own in Sheridan Lakes
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| HOA dues | Median $400/year (about $33/month) across 3 MLS listings (most billed annually; 2026-11-09). Dues cover what the documents say they cover; ask for the budget and reserve study. |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Brevard County is $2,348/yr (6,986 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
Email me new listings in Sheridan Lakes
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 Lakes
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Sheridan Lakes will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
What is the median home price in Sheridan Lakes?
How long do homes in Sheridan Lakes take to sell?
How many homes are in Sheridan Lakes?
What share of Sheridan Lakes is owner-occupied?
When were the homes in Sheridan Lakes built?
Who is the best real estate agent for Sheridan Lakes?
How do I find a top Melbourne real estate agent who knows Sheridan Lakes?
Can Momentum Realty connect me with an agent for Sheridan Lakes?
Where is Sheridan Lakes, and what county is it in?
Should you buy in Sheridan Lakes?
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 9, 2026) |
| Community market stats | Space Coast MLS closed sales, 12-month windows ending November 8, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32904)) |
| Under-contract shares | Space Coast MLS records, as of 2026-11-08 |
| Historical depth | Closed-sale records back to 2026 (3 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 Lakes fits the bigger picture — live prices, inventory, and Momentum Scores: