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For SaleCondominium
$288K
1850 Charlesmont Drive #7118, Melbourne, FL 32903
Indialantic neighborhood
Subdivision: Beach Club Condominium
2
Bedrooms
2
Bathrooms
900
Sq Ft
1987
Year Built
$320 /sqft

About This Property

Description from listing agent

Experience beach-resort living at its finest in this updated 2-bed, 2-bath second-floor condo, just a short stroll or bike ride from the ocean, river, local restaurants, and shopping. Enjoy peaceful pond views and coastal breezes from the covered balcony. Inside, the home features granite kitchen countertops, updated bathrooms, luxury vinyl flooring throughout, a newly installed A/C system, newer roof, newer water heater, and an in-unit washer and dryer. The community offers a heated pool, hot tub, cabana, and fitness center--perfect for full-time living, a vacation retreat, or an investment property with excellent long- and short-term rental potential, including Airbnb. Furniture is not included but available for purchase. Property is offered for both long-term and short-term rental.

Space Coast Context

🚀 Launch Viewing — Good Views

29.4 mi from SLC-40

29.4 miles from SLC-40 — visible on clear days, especially at night.

Aerospace Commute Guide
Northrop2.4 mi~5 min
L3Harris3.9 mi~9 min
Blue Origin23.3 mi~52 min
Lockheed24.5 mi~55 min
SpaceX24.6 mi~55 min
Boeing/KSC26.7 mi~1h
KSC27.4 mi~1h 1m

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 7/25/26
    Listed
    $288K
    $320/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Based on 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
9.5% above median
Median comparable close: $263,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
95.6% of list price
At that rate, a competitive offer ≈ $275,433
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 1 comparable sale used

Uncheck any home you don't consider comparable — the median updates instantly.

The median is weighted: nearer sales count more than distant ones, and comps marked recent (sold in the last 90 days) count 2×. Comps farther than 3 miles are flagged — a longer distance usually means few nearby sales were available.

How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.07 acres (3,049 sqft)
Full Baths
2
HOA Fee
$539/mo
Waterfront
Yes
Days on Market
32
MLS Area
383 - N Indialantic

Community & HOA

HOA

Schools

Elementary

Indialantic

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Jul 25, 2026
Parcel #
27-37-13-00-00265.N-0000.00
$288K

Listing Agent (for property info)

S
Srisuda Patterson
Roopan Realty Inc
321-537-5996
Call Listing Agent

Estimated Monthly Payment

$2,494/mo
Principal & interest
$1,517
Property taxes
$288
Insurance & HOA
$689

Based on a 6.90% rate, 30-year loan, and $288K price — down payment shown: $57,600.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1083404

What's Nearby

restaurants
Tropical Smoothie Cafe
0.1 mi away
restaurants
Starbucks
0.2 mi away
coffee shops
Starbucks
0.2 mi away
shopping
Circle K
0.2 mi away
grocery
Winn-Dixie
0.2 mi away
vets
Aloha Pet Hospital
0.3 mi away
vets
Aloha Bird & Pet
0.3 mi away
restaurants
Subway
0.3 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1083404 · Listing Broker: Roopan Realty Inc · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.