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For SaleCondominium
$159K
325 Tangle Run Boulevard #1116, Melbourne, FL 32940
Suntree neighborhood
Subdivision: Tanglewood at Suntree Cntry Club Condo Ph I
2
Bedrooms
2
Bathrooms
1,478
Sq Ft
1981
Year Built
$108 /sqft

About This Property

Description from listing agent

You don't want to miss this spacious condo located in the heart of Suntree! Whether you are looking for a primary residence, a winter getaway, or an excellent investment opportunity, this property is a perfect fit. The home features an open-concept living area with a built-in wet bar that overlooks a private patio, making it ideal for indoor/outdoor entertaining. It includes two generously sized bedrooms and two full bathrooms, with a large walk-in closet in the primary suite. Assigned parking space and private storage locker included. You can truly relax here, as the HOA covers lawn care, trash, pest control, and the water/sewer bill. The location is unbeatable--situated close to excellent shops, schools, restaurants, and I-95.

Space Coast Context

🚀 Launch Viewing — Good Views

24.3 mi from SLC-40

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

Aerospace Commute Guide
Northrop7.2 mi~16 min
L3Harris8.9 mi~20 min
Blue Origin19.2 mi~43 min
SpaceX19.6 mi~44 min
Lockheed19.8 mi~44 min
Boeing/KSC20.6 mi~46 min
KSC20.9 mi~47 min

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.

Offer Intelligence

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

Price vs. Comparable Sales
11.7% below market
Median comparable close price: $180,000
Typical Offer Discount
94.8% of list price
At that rate, a competitive offer ≈ $150,711
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
HOA Fee
$525/mo
Days on Market
71
MLS Area
218 - Suntree S of Wickham

Community & HOA

HOA

  • Name: Tanglewood at Suntree Country Club Condo PH 1
  • Fee: $525 / monthly

Schools

Elementary

Suntree

Middle School

DeLaura

High School

Viera

Financial & Listing Details

Listed
May 12, 2026
Parcel #
26-36-13-04-00094.0-0001.26
$159K

Listing Agent (for property info)

R
Rita Mahesh Soni
Nexthome Coastal Vista
321-698-5571
Call Listing Agent

Estimated Monthly Payment

$1,672/mo
Principal & interest
$838
Property taxes
$159
Insurance & HOA
$675

Based on a 6.90% rate, 30-year loan, and $159K price — down payment shown: $31,800.

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# 1077140

Interested in this property?

Equal Housing Opportunity

MLS# 1077140 · Listing Broker: Nexthome Coastal Vista · 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.