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For SaleCondominium
$320K
6848 Toland Drive #402, Melbourne, FL 32940
Heritage Isle neighborhood
Subdivision: Terrace III at Heritage Isle Condo
2
Bedrooms
2
Bathrooms
1,232
Sq Ft
2006
Year Built
$260 /sqft

About This Property

Description from listing agent

Perched high above a meandering waterway and beautiful fairways, this penthouse offers a private vantage point over a living landscape. The dawn mist drifts across the stream and late afternoon sun reflects onto the manicured greens, the view is ever-changing and endlessly calming. Inside feels both expansive and intimate, designed to draw the outdoors in. Double impact glass sliding doors, and bay windows reflect the water and golfers below. Each window is a living artwork. The terrace becomes a natural extension of the home—a retreat where mornings begin with coffee and bird song. Evenings end with reflections across the water, Here, the world feels slower, more intentional and peaceful. High speed internet, cable TV, water and endless activities are all inclusive. Start living your dream resort style!

Space Coast Context

🚀 Launch Viewing — Good Views

24.6 mi from SLC-40

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

Aerospace Commute Guide
Northrop10.4 mi~23 min
L3Harris11.6 mi~26 min
KSC20.2 mi~45 min
SpaceX20.3 mi~45 min
Boeing/KSC20.3 mi~45 min
Blue Origin20.5 mi~46 min
Lockheed20.6 mi~46 min

Estimates only — verify with Google Maps.

Flood Risk

Flood zone data not yet available for this listing. Check FEMA Flood Map

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

Price History

Date
Event
Price
  • 1/30/26
    Listed
    $320K
    $260/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
10.3% above median
Median comparable close: $290,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
92.1% of list price
At that rate, a competitive offer ≈ $294,603
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
0.06 acres (2,614 sqft)
Full Baths
2
Stories
4
HOA Fee
$1356/mo
Waterfront
Yes
Senior Community
Yes
Days on Market
156
MLS Area
217 - Viera West of I 95

Community & HOA

HOA

  • Name: Terraces
  • Fee: $1,356 / quarterly

Schools

Elementary

Quest

Middle School

Kennedy

High School

Viera

Financial & Listing Details

Listed
Jan 31, 2026
Parcel #
26-36-08-75-00000.0-000c.86
$320K

Listing Agent (for property info)

S
Susan Swanson
Denovo Realty
321-987-9600
Call Listing Agent

Estimated Monthly Payment

$3,512/mo
Principal & interest
$1,686
Property taxes
$320
Insurance & HOA
$1,506

Based on a 6.90% rate, 30-year loan, and $320K price — down payment shown: $64,000.

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# 1068122

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Equal Housing Opportunity

MLS# 1068122 · Listing Broker: Denovo Realty · 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.