South Shores Oceanside Condo Ph I
Homes for Sale in Melbourne Beach, FL

Community in Melbourne Beach · Brevard County
Median sale $815K
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Built fromLive Space Coast MLS data22 years of closingsUpdated twice daily
Live · South Shores Oceanside Condo Ph I Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$815K
Median sold · 12 mo
$341/sf
Sold $/sqft · 12 mo
peak $408 in 2022
90.9%
Sale vs ask
Brevard median: 96.2%
Tempo
86days
Median DOM · closed
21 days at the 2022 low
4
Sold · last 12 mo
10-yr average: about 2 a year
Track record · 22 years of records
2,427sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

South Shores Oceanside Condo Ph I is a small oceanside condo community in Melbourne Beach, and price here is driven by proximity to the water and the condition of the individual unit rather than any headline amenity package. The median sits at $815,000, or about $341 per square foot, which tells you the coastal location is doing most of the work. Expect a wide spread depending on floor, exposure, and how updated a given unit is.

The market posture is patient. Median days on market runs to 86 days, and only four closings sit inside the current window, so this is a thin, slow-moving segment. Sellers should price to condition and plan for a longer marketing period; buyers have room to be selective and should not feel rushed into a number that reflects hope rather than comparable sales.

The 60-Second Overview

South Shores Oceanside Condo Ph I market snapshot (as of July 15, 2026): the median sale price is about $815K ($341 per sq ft over the trailing 12 months of closed sales), and a median 86 days on market for closed sales.

This is a compact oceanside condo community where the value proposition is the Melbourne Beach location itself, not shared facilities. With low transaction volume and long marketing times, both sides should lean on close comparison of unit-level condition and exposure.

Best for

  • Buyers targeting an oceanside condo around the mid-$800s who prioritize location and view over shared facilities
  • Patient buyers willing to wait for the right unit in a low-inventory segment
  • Sellers prepared to price to condition and accept a longer marketing window

Probably not for

  • Buyers who need a resort-style amenity package, since none are identified here
  • Buyers on a tight timeline who cannot absorb an 86-day-plus market pace
  • Anyone wanting many comparable options to negotiate against, given the low closing volume

Windows contain 0 to 4 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Space Coast MLS for the period %s through %s. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$400K$600K$800K20122014201620182020202220242026
Every sale since 2004 · price vs size
$0$500K$1M2k2k2k
35 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$200$300$40020122014201620182020202220242026
Up from $205 in 2012 to a $408 peak in 2022; $341 now.
Median days on market · closed sales
25507520122014201620182020202220242026
21 days at the 2022 low; 86 now.
Sale price vs original ask · median
92%94%96%20122014201620182020202220242026
90.9% now vs Brevard 96.2%.
Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 4 a year; 4 in the current window.

If we were buying in South Shores Oceanside Condo Ph I today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 South Shores Oceanside Condo Ph I.

Best Buy
Buyers who want an oceanside Melbourne Beach condo and value location over shared facilities.
Biggest Risk
Thin volume and long days on market make pricing harder to read.
Sweet Spot
An updated, well-positioned unit bought after careful comparison to recent closings.
Avoid If
You need amenities, a quick sale, or a deep pool of comparable listings.

A location-priced condo segment

No community amenities were identified from current MLS listings, so pricing rests almost entirely on the unit and its position relative to the ocean. That makes per-square-foot comparisons useful but incomplete — two units at similar footage can justify very different numbers based on view, floor, and finish level. Read each listing on its own merits.

Thin volume is the defining feature. Four closings in the current window and an 86-day median mean single transactions carry outsized weight in the data. One updated, well-positioned sale can move the apparent median, and a stale listing can drag it. Treat any single number as a starting point for conversation, not a verdict.

The location and the amenities are priced into every listing in South Shores Oceanside Condo Ph I. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a low-volume oceanside condo segment, the difference between a fair price and a guess is unit-level analysis — floor, exposure, condition, and how the current listing stacks against the handful of recent closings. We do that work rather than lean on a blended median, and we will tell you plainly when a listing is priced to hope instead of to the comps.

South Shores Oceanside Condo Ph I in 15 seconds.

Best forBuyers who want an oceanside Melbourne Beach condo and value location over shared facilities.
Biggest advantageDirect coastal positioning in a small, low-turnover community.
Biggest riskThin volume and long days on market make pricing harder to read.
Sweet spotAn updated, well-positioned unit bought after careful comparison to recent closings.
Avoid ifYou need amenities, a quick sale, or a deep pool of comparable listings.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed South Shores Oceanside Condo Ph I sales matched to your home.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in South Shores Oceanside Condo Ph I?
The median sale price in South Shores Oceanside Condo Ph I was $815K over the 12 months ending July 15, 2026 (4 closed sales, Space Coast MLS).
How long do homes in South Shores Oceanside Condo Ph I take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 86 days on market (4 sales, Space Coast MLS).
Who is the best real estate agent for South Shores Oceanside Condo Ph I?
The best agent for South Shores Oceanside Condo Ph I is one who actively works Melbourne Beach and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for South Shores Oceanside Condo Ph I.
How do I find a top Melbourne Beach real estate agent who knows South Shores Oceanside Condo Ph I?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows South Shores Oceanside Condo Ph I and the wider Melbourne Beach area.
Can Momentum Realty connect me with an agent for South Shores Oceanside Condo Ph I?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your South Shores Oceanside Condo Ph I purchase or sale - no call center and no pressure.
Buyers targeting an oceanside condo around the mid-$800s who prioritize location and view over shared facilitiesExcellent fit
Patient buyers willing to wait for the right unit in a low-inventory segmentExcellent fit
Sellers prepared to price to condition and accept a longer marketing windowExcellent fit
Buyers who need a resort-style amenity package, since none are identified hereProbably not
Buyers on a tight timeline who cannot absorb an 86-day-plus market paceProbably not
Anyone wanting many comparable options to negotiate against, given the low closing volumeProbably not

Data sources & freshness

Community market statsSpace Coast MLS closed sales, 12-month windows ending July 15, 2026
Under-contract sharesSpace Coast MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2004 (35 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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