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Built in 1985 - 50 units - 5 floors

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Building Information

Coral Gardens

Number of units: 219
Active listings for rent: 3
Active listings for sale: 3
Building inventory for sale: 6%
Number of sales over the last 12 months: 5
Number of sales over the last 6 months: 3
Number of sales over the last 3 months: 1
Avg. time to close over last 12 months: 44 days

Address

1025-2939 Regency Dr, Melbourne, Brevard, FL, 32935

The Condominium Association Of
Coral Gardens Melbourne Inc
2847 Regency Drive
Melbourne, FL 32935
(321) 242-2833

Recent Sales

Unit # Size Closing Date Sale Price PPSF
996 sq ft Aug 2024 $165,000 $166
996 sq ft Jul 2024 $195,000 $196
733 sq ft Jun 2024 $127,000 $173
1,301 sq ft May 2024 $214,200 $165
996 sq ft Apr 2024 $157,000 $158

Market Information

Building vs Area

Coral Gardens: $163/sq. ft.
Melbourne: $201/sq. ft.

Area vs City

Melbourne $201/sq. ft.
Brevard $255/sq. ft.

Inventory for sale

Melbourne: 2%
Brevard: 2%

Avg. time to close over last 12 months

Coral Gardens 44 days
Melbourne: 1262 days
Brevard: 305 days