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For SaleCondominium
$145K
627 Ridge Club Drive #14, Melbourne, FL 32934
Downtown Melbourne neighborhood
Subdivision: The Ridgewood Club Condo Ph I
2
Bedrooms
2
Bathrooms
900
Sq Ft
1985
Year Built
$161 /sqft

About This Property

Description from listing agent

Move-in ready, this 2-bedroom, 2-bathroom condo offers low-maintenance living and exceptional value. Features include a new roof (December 2025), a new AC unit installed in 2025, and newer windows. The low HOA fee covers the roof, exterior maintenance, cable & internet, and trash services. The property boasts a bright, functional layout with a private screened patio. Amenities include a community pool and clubhouse. Conveniently situated, it offers minutes to beaches, shopping, dining, medical facilities, including Orlando Health Melbourne Hospital, and major employers such as Northrop Grumman, L3Harris Technologies, and Collins Aerospace. The property is available for immediate showings.

Space Coast Context

🚀 Launch Viewing — Good Views

31.3 mi from SLC-40

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

Aerospace Commute Guide
L3Harris2.7 mi~6 min
Northrop3 mi~7 min
Blue Origin25.9 mi~58 min
SpaceX26.6 mi~59 min
Lockheed26.7 mi~1h
Boeing/KSC27.8 mi~1h 2m
KSC28.2 mi~1h 3m

Estimates only — verify with Google Maps.

Flood Risk

Zone X (500-yr) — Moderate Risk

Moderate flood risk (0.2% annual chance). Flood insurance is optional but advisable.

Estimated flood insurance: $800 – $2,500 / 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
  • 8/10/26
    Price change
    $145K -3.3%
    $161/sqft
  • 7/7/26
    Listed
    $150K
    $166/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
14.0% below market
Median comparable close price: $168,000
Typical Offer Discount
100.0% of list price
At that rate, a competitive offer ≈ $144,500
Price Reductions
1 reduction
Originally listed at $149,500 · Cut $5,000 total
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
0.1 acres (4,356 sqft)
Full Baths
1
Half Baths
1
HOA Fee
$324/mo
Days on Market
99
MLS Area
331 - West Melbourne

Community & HOA

HOA

  • Name: Ridgewood Club Condo
  • Fee: $324 / monthly

Schools

Elementary

Roy Allen

Middle School

Central

Financial & Listing Details

Listed
Jul 8, 2026
Parcel #
27-36-24-00-00771.M-0000.00
$145K

Listing Agent (for property info)

S
Shellianne LaFrance-Ellis
Atlantic Group Real Estate
321-591-0841
Call Listing Agent

Estimated Monthly Payment

$1,380/mo
Principal & interest
$761
Property taxes
$145
Insurance & HOA
$474

Based on a 6.90% rate, 30-year loan, and $145K price — down payment shown: $28,900.

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# 1081936

What's Nearby

grocery
Kyung Sung Oriental Market
0.1 mi away
restaurants
Jimmy John's
0.2 mi away
schools
Barry University
0.2 mi away
restaurants
Friendly Toast Cafe 2
0.3 mi away
coffee shops
Friendly Toast Cafe 2
0.3 mi away
fire stations
Melbourne Fire Department Station 2
0.4 mi away
restaurants
Del Taco
0.4 mi away
grocery
Walmart Supercenter
0.4 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1081936 · Listing Broker: Atlantic Group Real Estate · 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.