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For SaleCondominium
$120K
1225 N Wickham Road #223, Melbourne, FL 32935
Lake Washington neighborhood
Subdivision: Eagles Nest Condo
1
Bedrooms
1
Bathrooms
586
Sq Ft
1978
Year Built
$205 /sqft

About This Property

Description from listing agent

20K PRICE REDUCTION!! Welcome to effortless Florida living at Eagles Nest-where location, lifestyle, and value come together beautifully. This charming 1-bedroom, 1-bath, 2nd floor condo is ideally situated between Melbourne and Viera, placing you right in the heart of everything! Just minutes away, you'll find the vibrant and historic Eau Gallie Arts District (EGAD), known for its eclectic blend of art galleries, local boutiques, live music, and unique dining experiences. Enjoy evenings out at nearby restaurants and bars, take in a show at the King Center for the Performing Arts, or spend your weekends soaking up the sun at the nearby beaches--all just a short drive from your front door. Inside, this move-in-ready unit has been thoughtfully renovated with modern touches throughout. The kitchen and bathroom feature stylish new shaker cabinets, complemented by quartz countertops, upgraded plumbing fixtures, faucets and sleek stainless-steel appliances. Fresh paint and LVP flooring

Space Coast Context

🚀 Launch Viewing — Good Views

30.6 mi from SLC-40

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

Aerospace Commute Guide
Northrop2.6 mi~6 min
L3Harris2.9 mi~6 min
Blue Origin25.2 mi~56 min
SpaceX25.9 mi~58 min
Lockheed26 mi~58 min
Boeing/KSC27.2 mi~1h 1m
KSC27.5 mi~1h 1m

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.

Price History

Date
Event
Price
  • 7/9/26
    Price change
    $120K -14.3%
    $205/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
28.2% above median
Median comparable close: $93,500 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
94.4% of list price
At that rate, a competitive offer ≈ $113,239
Price Reductions
1 reduction
Originally listed at $119,900 · Cut $20,000 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
0.06 acres (2,614 sqft)
Full Baths
1
Stories
2
HOA Fee
$305/mo
Days on Market
92
MLS Area
323 - Eau Gallie

Community & HOA

HOA

Schools

Elementary

Sabal

Middle School

Johnson

Financial & Listing Details

Listed
Apr 22, 2026
Parcel #
27-37-19-00-00268.4-0000.00
$120K

Listing Agent (for property info)

M
Margo M Broughton
Waterman Real Estate
321-412-3492
Call Listing Agent

Estimated Monthly Payment

$1,207/mo
Principal & interest
$632
Property taxes
$120
Insurance & HOA
$455

Based on a 6.90% rate, 30-year loan, and $120K price — down payment shown: $23,980.

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.

MLS# 1075310

Interested in this property?

Equal Housing Opportunity

MLS# 1075310 · Listing Broker: Waterman 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.