About This Property
Description from listing agentLocated along Highway A1A in South Melbourne Beach, this residence is set within an exclusive 11-unit boutique building, Gullhouse III Condo, offering a rare one-month minimum rental policy. Featuring three private balconies and tile flooring throughout (including wood-look tile and travertine in the primary suite), the condo includes impact windows and sliders with accordion hurricane shutters. Recent upgrades include a 2024 Daikin AC, Samsung refrigerator, LG washer and dryer, fresh interior paint, updated fixtures, custom primary closet system, and Murphy bed in the downstairs suite. Constructed of solid poured concrete, this building offers durability and peace of mind. Concrete restoration completed 2019. SIRS and Milestone inspections complete with no upcoming assessments. Financially strong HOA. Includes 9'x5' storage unit and 2021 roof.
Space Coast Context
🚀 Launch Viewing — Fair Views
42.4 mi from SLC-40
42.4 miles from SLC-40 — visible as a bright streak in good conditions.
Estimates only — verify with Google Maps.
Flood Risk
High-velocity coastal zone with wave action. Strictest building requirements and highest insurance costs.
Estimated flood insurance: $4,000 – $12,000+ / yr — varies by coverage, elevation & insurer
Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.
Offer Intelligence
Price history and market context for this listing.
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.
Location
Get DirectionsAdditional Details
Community & HOA
HOA
- Name: Gullhouse Condo Association
- Fee: $1,282.5 / monthly
Schools
Elementary
Gemini
Middle School
Hoover
High School
Melbourne
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $2,792
- Property taxes
- $530
- Insurance & HOA
- $1,433
Based on a 6.90% rate, 30-year loan, and $530K price — down payment shown: $105,980.
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.
