Belle Terrace in Melbourne

Belle Terrace
Homes for Sale in Melbourne, FL

All 714 homes for sale in Melbourne, FL · median $399,000 · 109 homes for sale in 32901 · Brevard County homes for sale

Community in Melbourne · Brevard County · ZIP 32901
66 homesBuilt 2004–2005Median sale $352K
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Photo via Space Coast MLS

Built fromLive Space Coast MLS data22 years of closingsFL DOR public recordsUpdated twice daily

As of September 2026, Belle Terrace in Melbourne, FL has 1 home for sale. Over the 12 months ending 2026-09-20, 4 recorded sales closed at a median of $352,500, $184 per square foot, a median 52 days on market, sellers accepting 91% of original asking. Homes listed or recently sold were built 2004–2004; 4 of 4 report an HOA (median $32/mo). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $5,500 ($4,880 with the full homestead exemption).

Belle Terrace key facts
LocationMelbourne, Brevard County, FL · ZIP 32901
Homes in the community66 (FL DOR 2025 assessment roll)
Years built2004–2005 (median 2004.0)
Typical living area2,534 sq ft (median)
Amenities listed by sellersMaintenance Grounds, Management - Off Site
Sale prices, last 12 months$352,500 median across 4 closed sales · $184 per sq ft
Days on market (closed sales)52 median
For sale right now1 active, 0 pending · median asking $352,000 · 3.0 months of supply
Owner-occupied (homestead) share47%

Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2004 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Belle Terrace key facts,” movewithmomentum.com/neighborhoods/belle-terrace, data as of September 20, 2026.

Live · Belle Terrace Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$352K
Median sold · 12 mo
$184/sf
Sold $/sqft · 12 mo
peak $202 in 2022
90.6%
Sale vs ask
+194%
T12M median vs 2012
from a $120K median in 2012
Tempo
3.0mo
Supply
3 to 6 months is the balanced band
53days
Median DOM · closed
3 days at the 2021 low
0%
Under contract
Brevard: 26% (1,477 of 5,609)
1 · 0
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
47%
Owner-occupied · Belle Terrace
31 of 66 parcels homesteaded (FL DOR 2025)
53%
Non-owner-occupied · Belle Terrace
incl. 15% trust or LLC-held · 9% out-of-state
66
Homes in the community
66 residential parcels (FL DOR 2025)
Track record · 22 years of records
Est. 2004
Community established
homes built 2004-2005, median 2004 (FL DOR 2025)
1,911sqft
Median sold home size
12-mo windows, closed sales
6.1%/yr
Turnover rate
about 4 of 66 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Belle Terrace sits at a median of $352,500, or about $184 per square foot. With no community amenities pulled from current listings, price here is driven by the homes themselves — condition, square footage, and updates — rather than by a shared pool, gate, or clubhouse. That means a well-maintained, updated home and a tired one can sit far apart even on the same street, so the spread around that median is wide and condition-led.

The market posture is patient. Median days on market runs just over 50, which is slower than the frantic pace some Brevard pockets saw, and the closings window here is thin at four. For a buyer, that pace leaves room to inspect, negotiate, and avoid overpaying for cosmetics. For a seller, it means price and presentation carry the sale — an aggressive list without the condition to back it will sit.

Belle Terrace Housing Pulse · Momentum Research · as of September 20, 2026

Belle Terrace right now

🟡 Balanced market. 3.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Space Coast MLS records, as of September 20, 2026. Confidence: Low (1 active and pending listings, 4 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 28, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Belle Terrace market snapshot (as of September 20, 2026): the median sale price is about $352K ($184 per sq ft over the trailing 12 months of closed sales), a median 53 days on market for closed sales, and 3.0 months of supply, a balanced market.

In ZIP 32901 (Melbourne), 194 homes closed in the last 12 months at a median of $290K ($202/sq ft), down 6.8% year over year, with a median 54 days on market. Right now 10 active and 5 pending listings put supply at about 3.4 months — a balanced market. See the live ZIP 32901 housing market and the Brevard County market.

Belle Terrace is a community of 66 homes in Melbourne, Brevard County, built between 2004 and 2005 (median 2004.0), with a median living area of about 2,534 square feet. 47% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Belle Terrace is a Melbourne pocket in Brevard County where the value story is the house, not the amenity package. Since 2012, prices in the area are up 194%, so long-term owners have seen substantial movement, but the current market rewards buyers who read condition carefully.

Best for

  • Buyers comfortable near the median who will pay for updates over square footage
  • Buyers who value a slower pace and want room to inspect and negotiate
  • Owners planning a longer hold rather than a quick flip

Probably not for

  • Buyers who want a shared pool, gate, or clubhouse as part of the purchase
  • Buyers needing a fast, competitive close on a tight timeline
  • Buyers expecting the median to predict the price of any specific home

Windows contain 0 to 6 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Space Coast MLS for the period 2004 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$100K$200K$300K20122014201620182020202220242026
Every sale since 2004 · price vs size
$0$200K$400K2k2k
76 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$20020122014201620182020202220242026
Up from $68 in 2012 to a $202 peak in 2022; $184 now.
Median days on market · closed sales
05010020122014201620182020202220242026
3 days at the 2021 low; 53 now.
Sale price vs original ask · median
90%95%100%20122014201620182020202220242026
90.6% now.
Homes sold per 12-mo window
024620122014201620182020202220242026
0 to 6 a year; 4 in the current window.
How much local inventory is already under contract

23% of homes for sale in ZIP 32901 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-27).

Belle Terrace Market Scorecard

Balanced

Belle Terrace is currently a balanced market. About 3.0 months of supply, a median asking price of $352,000.

3.0
Months supply
$352,000
Median list
$352,500
Median sold
$184
List $/sqft
1/0/3
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Space Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in Belle Terrace

Live MLS inventory for Belle Terrace. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Belle Terrace listings as of 2026-09-26, priced high to low. Based on information from the Space Coast MLS for the period 2004 through 2026. Tap any home to ask about it.

Every Home for Sale in Belle Terrace Right Now (1)

All 1 active and pending Belle Terrace listings with a detail page, newest first, refreshed twice a day from the MLS.

  • 4022 Wilkes Drive · $352,000 · 4 bd / 2 ba · listed Jun 27, 2026 · listed by Compass Florida, LLC

Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • University Park · Elementary
  • Stone · Middle
  • Palm Bay · High

Zoned schools reflect the assignments reported on recent Belle Terrace listings and can change; always confirm with Brevard County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Belle Terrace address.

If we were buying in Belle Terrace today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Belle Terrace.

Best Buy
Buyers who want a Melbourne home and are willing to read condition rather than chase amenities.
Biggest Risk
A wide, condition-driven spread means the median can mislead on any single home.
Sweet Spot
A well-maintained home priced honestly against its actual updates.
Avoid If
You need community amenities like a pool, gate, or clubhouse built into the deal.

A condition-driven market with no amenity premium

Because no community amenities show up in current MLS listings, there's no shared feature adding a baseline lift to every home. That pushes all the weight onto the individual property. Two homes at similar square footage can price very differently depending on roof age, kitchen updates, and overall upkeep, which is why the median of $352,500 is a midpoint rather than a going rate.

The 194% move since 2012 tells you the area has appreciated meaningfully over a long horizon, but it says nothing about tomorrow — it's history, not a forecast. Paired with a median of about 52 days on market and a shallow closings window, the takeaway is a market with time built in. Buyers should use that time on diligence; sellers should invest in presentation before they list.

“

The location and the amenities are priced into every listing in Belle Terrace. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
6.4B- · Buy Score
Long-Term Appreciation10.0/10
Liquidity & Demand7.0/10
Owner Commitment4.7/10
Pricing Power3.7/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (6.4). Basis: Long-Term Appreciation +194% since 2012; Liquidity & Demand 3.0 months of supply; Owner Commitment 47% owner-occupied; Pricing Power 90.6% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a market this condition-sensitive, the median tells you almost nothing about the home in front of you. We price and evaluate Belle Terrace homes on their specifics — square footage, updates, and upkeep — and we use the slower pace to your advantage, whether that means negotiating room on the buy side or a presentation plan on the sell side.

Belle Terrace in 15 seconds.

Best forBuyers who want a Melbourne home and are willing to read condition rather than chase amenities.
Biggest advantageA patient market with time to inspect and negotiate before you commit.
Biggest riskA wide, condition-driven spread means the median can mislead on any single home.
Sweet spotA well-maintained home priced honestly against its actual updates.
Avoid ifYou need community amenities like a pool, gate, or clubhouse built into the deal.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Belle Terrace homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Belle Terrace.
In short
  • HOA dues reported around $32/month (about $384/yr) · median of 53 MLS listings, most billed annually
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $32 per month ($384 a year) — the median AssociationFee across 53 MLS records, normalised to a monthly figure; most are billed annually. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Belle Terrace sales matched to your home.

What is your Belle Terrace home worth?

Get a no-obligation home value based on real comparable sales in Belle Terrace, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Frequently Asked Questions

What is the median home price in Belle Terrace?
The median sale price in Belle Terrace was $352K over the 12 months ending September 20, 2026 (4 closed sales, Space Coast MLS).
How long do homes in Belle Terrace take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 53 days on market (4 sales, Space Coast MLS).
Is Belle Terrace a buyer's or seller's market right now?
As of September 20, 2026, Belle Terrace is roughly balanced: 3.0 months of supply at the current sales pace (Space Coast MLS live counts).
How many homes are in Belle Terrace?
The Florida DOR 2025 assessment roll shows 66 homes in Belle Terrace (public records).
What share of Belle Terrace is owner-occupied?
47% of Belle Terrace parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Belle Terrace built?
Homes in Belle Terrace were built between 2004 and 2005, with a median year built of 2004.0 (FL DOR 2025 roll).
Have Belle Terrace home prices gone up?
The trailing-12-month median is up 194% since 2012, from $120K to $352K (Space Coast MLS closed records).
Who is the best real estate agent for Belle Terrace?
The best agent for Belle Terrace is one who actively works Melbourne and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Belle Terrace.
How do I find a top Melbourne real estate agent who knows Belle Terrace?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Belle Terrace and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Belle Terrace?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Belle Terrace purchase or sale - no call center and no pressure.
Where is Belle Terrace, and what county is it in?
Belle Terrace is in Melbourne, Brevard County, FL, ZIP 32901. The community's center is about 3 miles south of the center of Melbourne (straight-line).
Buyers comfortable near the median who will pay for updates over square footageExcellent fit
Buyers who value a slower pace and want room to inspect and negotiateExcellent fit
Owners planning a longer hold rather than a quick flipExcellent fit
Buyers who want a shared pool, gate, or clubhouse as part of the purchaseProbably not
Buyers needing a fast, competitive close on a tight timelineProbably not
Buyers expecting the median to predict the price of any specific homeProbably not

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: September 26, 2026)
Community market statsSpace Coast MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (2 streets, ZIP 32901))
Under-contract sharesSpace Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2004 (76 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Space Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Space Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.

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Nearby Communities

Explore more neighborhoods near Belle Terrace with Momentum Realty’s local guides.

Laguna Village0.2 mi awayAKAlamanda Key0.2 mi away · median $325K, 10 sales/12 moBEBayberry Estates0.2 mi away · median $264K, 4 sales/12 moAlamanda Key0.2 mi away · 116 homes, built 2006–21, 3 for sale

Browse all neighborhood guides →

Thinking of selling in Belle Terrace? 4 recorded closings; median 52 days on market (window ending 2026-09-20). See the Brevard County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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