The median sale was $385,000 and three of the last six were waterfront

TOWNHOUSE ESTATES

Townhouse Estates is the townhouse neighborhood in Indian Harbour Beach where $385,000 was the median across five closed sales in the last twelve months, three of six properties front a canal, and the association runs about $215 a month. Built 1972 to 1979.

1,268 to 2,335 sq ft
Home Size
$385,000
Median Sold Price
$215
Association Dues
3 of 6
Waterfront Sales
What Townhouse Estates actually is

Townhouse Estates In Indian Harbour Beach, Florida

Townhouse Estates sits in Indian Harbour Beach, in the 32937 zip code, on Desoto and Emerald. Over the last twelve months five of the six properties I tracked here actually closed, at a $385,000 median.

The housing stock is 6 townhouses, built 1972 to 1979. The size range runs 1,268 to 2,335 square feet, which is wide enough that the neighborhood median tells you very little about any one property. Price it off the comparable sales on that street, not the plat.

Sellers closed at about 95 percent of original list, a normal working spread for beachside Brevard. The room that exists shows up on properties that have already cut once.

three of the six properties are waterfront. That single line is the biggest split inside Townhouse Estates, and a waterfront property and an interior one on the same street should never be priced off each other.

The numbers, in one place

Townhouse Estates At A Glance

Every figure below comes from the last twelve months of Indian Harbour Beach market data for this neighborhood. Nothing here is an estimate.

DetailWhat you get
Housing type6 townhouses
Home size rangeRoughly 1,268 to 2,335 square feet, median about 1,858
Bedrooms and bathstwo to four bedrooms, two to three baths
Lot size0.06 to 0.15 acres, median about 0.10
Year built1972 to 1979, median 1977
Median sold price$385,000 over the last twelve months
Sold price range$350,000 to $440,000
Price per square footAbout $206 median
HOA dues$215 median a month, reported on 6 of 6 listings
Waterfront3 of 6, on a canal
Private poolsNone reported on the six recent listings
Garage6 of 6 listings reported a garage
Property taxAbout $2,832 median annual, ranging widely with assessment history
Days on market48 days median, at about 95 percent of original asking price
LocationIndian Harbour Beach, 32937
Where the money goes

Townhouse Estates Costs, Honestly

The line items that decide what this actually costs you, beyond the purchase price.

Insurance And Flood

Get the quote first

Every address on this island is underwritten on its own elevation certificate, roof age and opening protection. Two properties on the same street can be thousands apart a year. I get you a real quote inside the inspection period, before the payment you are picturing becomes the payment you are stuck with.

The Seawall And The Dock

The item people forget

A seawall has a lifespan and replacing one is a five figure job. So is a dock, a lift and the electrical that runs them. On a property where the association may or may not own that structure, that question gets answered in writing before you go hard on a deposit.

The Tax Bill Resets

About $2,832 median today

That is what the current owners pay, not what you will. Florida caps annual assessment increases for homesteaded owners and the cap resets on sale, so on a property somebody has held fifteen years your first bill can land materially higher. I run the reset number before you write.

Real Negotiating Room

About 95 percent of original list

A 48 day median with closings near 95 percent of the original asking price. That is a narrow gap, so the win here comes from being ready to move rather than from grinding the price.

What you are actually buying

Townhouse Estates Features

Waterfront Available

3 of the 6 properties front a canal. Verify the seawall condition, the dock permit and the actual depth at low tide before you rely on a listing photo.

Association On Record

A median of $215 a month across 6 of the 6 listings. I pull the budget, the reserve study and the last two years of minutes before you go under contract.

Original Era Housing

Median year built is 1977. Roof age, wiring and plumbing are the three things that decide both your insurance quote and your first five years of budget.

Garages Are Common

6 of the 6 listings reported a garage, which on the beachside is less common than buyers expect.

Minutes To The Ocean

The Eau Gallie Causeway lands at the north edge of the city, which makes this the shortest mainland commute of any beach address in the county.

Normal Market Time

Median days on market was 48. Nothing about the pace here forces a rushed decision.

See what is actually available

Homes For Sale In Townhouse Estates

Every active Townhouse Estates listing, straight from the MLS and updated as it changes.

Straight answers

Townhouse Estates Frequently Asked Questions

What do homes sell for in Townhouse Estates?

The median closed price over the last twelve months was $385,000 across five sales, ranging $350,000 to $440,000. Median price per square foot was $206.

Does Townhouse Estates have an HOA?

Yes. The median reported association fee is $215 a month, on 6 of the 6 listings. What it covers varies, so I read the budget, the reserve study and the assessment history before you go under contract.

Is Townhouse Estates waterfront?

3 of the 6 properties front a canal. Which water it is changes the price, and on canal or river frontage the seawall, the dock permit and the low tide depth all need checking before you rely on the photos.

Can you negotiate on price in Townhouse Estates?

Sellers closed at about 95 percent of original list over the last year. There is some room, and it tends to show up on properties that have already had a price cut. I price the offer off the specific comparable sales, not the neighborhood average.

What are property taxes like in Townhouse Estates?

The median bill on record is about $2,832, but that is what the current owners pay. Florida caps annual assessment increases for homesteaded owners and the cap resets when the property sells, so your first bill can be materially higher. I run the reset number before you write an offer.

What is the buying process like in Townhouse Estates?

I pull the closed comparable sales for the specific street, get a real wind and flood quote inside the inspection period, run the tax reset so the monthly payment you are picturing is the one you will actually have, and read whatever association or deed documents apply. Then we write. Call me at (321) 212-7676.

Where Townhouse Estates sits

Indian Harbour Beach, 32937

Townhouse Estates sits in Indian Harbour Beach, in the 32937 zip code, on Desoto and Emerald. This is the smallest of the beachside cities, wedged between Satellite Beach to the north and Indialantic to the south.

The Eau Gallie Causeway lands right at the northern edge, which gives Indian Harbour Beach the shortest mainland commute of any beach address in the county. Within a mile you can go from a townhouse in the four hundreds to a seven figure island home.

Indian Harbour BeachCanal FrontTownhouses32937Under $500K
Talk to a local

Considering Townhouse Estates?

If Townhouse Estates is on your list, my partner Nichole and I are the agents to call. We work Indian Harbour Beach every week, we know these streets, and we will tell you straight whether a property is priced right. Reach out anytime at (321) 212-7676.