Somerset Oceanfront
Condos for Sale in Indian Harbour Beach, FL

Somerset Oceanfront Condo market snapshot (as of September 20, 2026): the median sale price is about $938K ($405 per sq ft over the trailing 12 months of closed sales), a median 112 days on market for closed sales, and 4.5 months of supply, a balanced market.

In ZIP 32937 (Indian Harbour Beach), 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.

Space Coast MLS sales records identify 74 homes in Somerset Oceanfront Condo that have changed hands since 2004, built between 2003 and 2004 (median 2004), with a median living area of about 2,225 sq ft and a typical 3-bedroom, 2.5-bath layout; 100% are condominiums. 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.

Somerset is a direct-oceanfront condo in Indian Harbour Beach where the appeal is the water itself rather than a package of building amenities. Values here have roughly doubled since 2012, but the current pace is slow and the sample thin, so each unit needs to be judged on its own merits.

• Ocean Breeze · Elementary
• Hoover · Middle
• Satellite · High

Zoned schools reflect the assignments reported on recent Somerset Oceanfront 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 Somerset Oceanfront Condo address.

The single biggest variable in a Somerset sale is the unit itself. At around $389 per square foot against a $902,000 median, the spread between an updated high-floor oceanfront unit and a dated or partially obstructed one can be substantial, and there is no reliable entry or ceiling figure to quote — condition and orientation do the work. Buyers should underwrite each listing individually rather than assuming the median applies to what they are touring.

No amenities were identified from current MLS listings, so this is a buy for the location and the ocean exposure, not for a resort-style building. That reinforces the slow tempo: with about 120 days on market and just 8 closings in the window, the right buyer is often waiting for the right specific unit. Anyone budgeting here should also account for condo association costs, reserves, and oceanfront insurance and maintenance realities that come with a beachfront structure.

In a building this small with a long days-on-market figure and a handful of closings, comps are scarce and easily misread. We price and negotiate off the specific unit — its floor, view, and condition — rather than a blunt median, and we help buyers weigh association costs and oceanfront upkeep before they commit. That discipline matters more here than in a fast, deep market.

Listings in this community report association dues of about $1,010 per month ($12,120 a year) — the median AssociationFee across 104 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.