Vizcaya Estates
Homes for Sale in Melbourne, FL
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
Homes listed or recently sold were built 1992 - 1996; 6 of 6 report an HOA (median $30/mo); 2 of the 6 geocoded homes sit in a FEMA special flood hazard zone (median elevation 35 ft). Vizcaya Estates is a community in Melbourne, Brevard County, FL. Across Melbourne as a whole, 1,101 homes closed in the last 12 months at a median of $389,500, 45 median days on market, with 230 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,080 ($5,460 with the full homestead exemption).
Price here is driven by the homes themselves, not by a churning market. This is a built-out community of 100 homes constructed between 1992 and 1999, with a median living area of 2,868 square feet. That is real square footage, and it means condition and updates do most of the work in setting value. A home that has been renovated will separate itself from one that still wears its original finishes, so expect a wide spread that reflects work done rather than a tidy per-foot formula.
The current posture is tight. With zero active listings as of July 2026, there is nothing to buy at this moment, and the 82% homestead share tells you most owners are settled in for the long haul rather than trading in and out. For a seller, that scarcity is leverage. For a buyer, patience and readiness matter more than shopping around - when a home does list, you want to be positioned to move on it.
The 60-Second Overview
Vizcaya Estates is an established, built-out enclave of 100 larger homes in Melbourne, Brevard County, where turnover is limited and most owners hold homestead status. The value story is about the individual house, not a hot listing cycle.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
The setting & the homes.
Aerial and on-site photos of Vizcaya Estates. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Vizcaya EstatesPhotos from Space Coast MLS listings in Vizcaya Estates; content deemed reliable but not guaranteed.
Who Vizcaya Estates is best for.
Best for
- Buyers seeking a larger single-family home around the 2,868-square-foot median and willing to wait for inventory
- Long-hold buyers who value a built-out, owner-occupied community over turnover and quick flips
- Buyers with budget set aside for updating a 1990s-era home's systems and finishes
Probably not for
- Buyers who need to close on a set timeline and can't wait for a listing to appear
- Shoppers who want several comparable homes to tour and negotiate against at once
- Buyers expecting a turnkey, recently built home with no update budget
The market around Vizcaya Estates
Vizcaya Estates is too small for its own price trend, so here is the market around it.
Across Brevard County, 3,585 homes are active and 1,397 pending (28% under contract).
ZIP and county figures describe the wider market, not Vizcaya Estates specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Vizcaya Estates, Melbourne
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on information from the Space Coast MLS for the period September 2026 through September 2026. Deemed reliable but not guaranteed.
Homes For Sale Right Now in Vizcaya Estates
Live MLS inventory for Vizcaya Estates. 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 Vizcaya Estates listings as of 2026-09-12, priced high to low. Based on information from the Space Coast MLS for the period %s through %s. Tap any home to ask about it.
Vizcaya Estates on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.
Life at Vizcaya Estates
- Management - On Site · reported on 1 of 4 listings
- Maintenance Grounds · reported on 1 of 4 listings
- Management - Off Site · reported on 1 of 4 listings
- Management - Full Time · reported on 1 of 4 listings
Community amenities as reported across Space Coast MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
Schools
- Brevard County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Suntree · Elementary
- Viera · Middle
- Viera · High
Zoned schools reflect the assignments reported on recent Vizcaya Estates 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 Vizcaya Estates address.
The Vizcaya Estates buying strategy.
If we were buying in Vizcaya Estates today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Vizcaya Estates.
An established, owner-held enclave
The building window is narrow - 1992 to 1999, with a median year built of 1993 - so the housing stock is consistent in vintage and generally generous in size at a 2,868-square-foot median. Homes of this era reward buyers who look closely at systems and finishes: roofs, HVAC, kitchens and baths are the line items that will define what you pay and what you'll invest after closing. There is no single starting or ceiling price to quote here; the only firm number is the median, and everything above and below it is a condition story.
The community reports on-site and full-time management alongside maintenance of grounds and off-site management across its MLS listings. That points to an HOA structure with active oversight, which tends to keep common areas consistent. Verify the current scope, dues, and access directly with the HOA before you write an offer - the amenities note in the record exists precisely because these details change.
The location and the amenities are priced into every listing in Vizcaya Estates. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community with no active listings and mostly long-term owners, the deals happen before or just as they hit the market. We watch this specific pocket of Melbourne, we know how to read the condition-versus-price gap on a 1990s home, and we'll tell you plainly whether a given house justifies its asking. If you're selling, we'll help you position against the scarcity honestly rather than overreach.
Vizcaya Estates in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Vizcaya Estates buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Vizcaya Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Vizcaya Estates, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Vizcaya Estates home worth?
Get a no-obligation home value based on real comparable sales in Vizcaya Estates, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Melbourne →
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Brevard County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Brevard County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
Vizcaya Estates Market Scorecard
Vizcaya Estates is currently a buyer-leaning market (limited data). About 2.4 months of supply, a median asking price of $635,000.
Typical home value in the 32940 ZIP is $492,859, about 7.2% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Based on information from the Space Coast MLS for the period 2026 through 2026-09-12. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
How many homes are in Vizcaya Estates?
What share of Vizcaya Estates is owner-occupied?
When were the homes in Vizcaya Estates built?
Who is the best real estate agent for Vizcaya Estates?
How do I find a top Melbourne real estate agent who knows Vizcaya Estates?
Can Momentum Realty connect me with an agent for Vizcaya Estates?
Should you buy in Vizcaya Estates?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Vizcaya Estates with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: September 12, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (community parcel extract) |
| Under-contract shares | Space Coast MLS records, as of 2026-07-12 |
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.
Own a home here?
You just read the data. Now see what your home is worth.
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.
Looking to buy here? Search homes for sale →
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Vizcaya Estates fits the bigger picture — live prices, inventory, and Momentum Scores: