Luxury Communities in Brevard County, FL, Ranked by Sale Price
Which are the luxury communities in Brevard County, FL? Ranked below by MLS median sale price, Brevard County has 85 communities with medians at or above $700,000 — topping out at $2.60M. The ranking is an objective price measure from recorded closings.
Brevard County luxury market at a glance
The top 20, ranked by median sale price
| # | Community | City | Median price | 1-yr change | Days on mkt |
|---|---|---|---|---|---|
| 1 | Adelaide | Rockledge | $2.60M | – | – |
| 2 | River Falls Estates | Cocoa Beach | $2.22M | – | – |
| 3 | Crystal Lakes Subd | Melbourne | $2.15M | – | – |
| 4 | Rio Lindo | Indialantic | $1.71M | – | – |
| 5 | Aripeka | Melbourne | $1.70M | – | – |
| 6 | Wyndham at Duran | Melbourne | $1.61M | – | – |
| 7 | Sea Hawk Place at Aquarina | Melbourne Beach | $1.60M | – | – |
| 8 | Paradise Point | Merritt Island | $1.55M | – | – |
| 9 | Hacienda Del Sol Estates | Merritt Island | $1.54M | – | – |
| 10 | River Isles | Cocoa Beach | $1.45M | – | – |
| 11 | Rio Lindo | Indialantic | $1.41M | – | – |
| 12 | Abacos | Indialantic | $1.40M | – | – |
| 13 | Maritime Hammock | Melbourne Beach | $1.39M | – | – |
| 14 | Point View Place | Cocoa | $1.27M | – | – |
| 15 | Harbour Isles | Indian Harbour Beach | $1.25M | – | – |
| 16 | Egrets Cove | Merritt Island | $1.20M | – | – |
| 17 | River Oaks West | Indialantic | $1.20M | – | – |
| 18 | Laurasia | Melbourne | $1.19M | – | – |
| 19 | Stillwater Preserve | Malabar | $1.18M | – | – |
| 20 | Milford Point Beach | Merritt Island | $1.15M | – | – |
Ranked by MLS median sale price across recent closings. Deemed reliable but not guaranteed.
How the luxury market trades differently
Above roughly $1M, Florida deals change shape: more cash buyers, longer marketing times, bigger spreads between list and sale price, and appraisals that matter less than comparable scarcity. Sellers here win on presentation and reach — the buyer often comes from out of state — and buyers win on patience and data: days-on-market and the original-list-to-sale gap tell you who has leverage. Insurance underwriting also tightens on high-value coastal homes; get the quote before the inspection period ends, and note the documentary-stamp math on a large deal with our seller net proceeds calculator.
What it costs to own here
At Brevard County’s typical combined millage of 15.60 mills, a purchase at $2,600,000 (the highest community median on this list) generates roughly $40,570 a year in property tax before exemptions — about $3,381 a month. Florida resets the assessed value to roughly your purchase price, so the seller’s current bill is not a preview of yours; a homesteaded owner then gets the $25,000–$50,000 exemption and the 3% Save Our Homes cap going forward. Citizens Property Insurance policies in Brevard County average about $2,348 a year ($196 a month) — private-market quotes vary with roof age and wind mitigation, so price coverage before your inspection window closes. All-in, our county model puts the typical monthly cost of ownership in Brevard County near $2,120 (principal and interest on the typical home, tax, and insurance).
Run your exact numbers: the property tax after purchase calculator uses Brevard County’s verified millage, and the buyer closing costs calculator builds the full cash-to-close.
Demand and supply in Brevard County right now
In the most recent IRS migration data (2022-2023), Brevard County gained a net 10,298 people to relocation, with the largest inbound flows from NY, CA, TX. Households moving IN reported average incomes of $80,978 versus $68,374 for those leaving — the income mix of demand, straight from tax filings. Population is up about 7.6% over the recent multi-year window. On the supply side, builders pulled 4,624 residential permits in Brevard County in 2025 (3,376 single-family), up 0.5% year over year — against 6,537 at the 2023 peak. Permits are tomorrow’s inventory: a shrinking pipeline supports prices, a swelling one hands buyers leverage. Our valuation model reads the county as undervalued by about 7.7% versus its income-and-rent fundamentals.
The Brevard County market, in context
Brevard County is the Space Coast — a 72-mile stretch of Atlantic beaches riding an aerospace boom led by SpaceX, Blue Origin, and L3Harris, anchored by Kennedy Space Center. The master-planned community of Viera has become one of the top-selling in the country, the beaches remain relatively attainable, and a wave of high-paying space-and-defense jobs is fueling some of the strongest population and demand growth in Florida.
The economy behind the market: {'drivers': 'aerospace and space launch, defense, advanced manufacturing, and healthcare', 'summary': "Brevard's economy is built on space and defense and is booming. L3Harris is headquartered in Melbourne and is the area's largest employer; Kennedy Space Center and NASA anchor the launch corridor; and the private space race has brought enormous expansion from SpaceX and Blue Origin — whose 'Project Horizon' is adding an 830,000-square-foot facility and roughly 500 jobs at high average salaries. Boeing, Lockheed Martin, Northrop Grumman, Embraer, Collins Aerospace, and Leonardo DRS round out one of the densest aerospace clusters in the country, with Health First anchoring healthcare.", 'employers': ['L3Harris Technologies (Melbourne HQ — largest employer)', 'Kennedy Space Center / NASA', 'Blue Origin (~4,000; Project Horizon expansion)', 'SpaceX', 'Health First', 'Northrop Grumman', 'Embraer', 'Collins Aerospace', 'Brevard Public Schools'], 'jobNote': 'L3Harris is headquartered in Melbourne; SpaceX and Blue Origin are in rapid, high-wage expansion across the launch corridor.'}
What could change it: As a barrier-island-and-lagoon county, Brevard carries real hurricane, storm-surge, and coastal-flood exposure, and the health of the Indian River Lagoon is an ongoing environmental concern. Insurance is rising as everywhere in coastal Florida. The economy, while booming, is concentrated in aerospace and defense — far more diversified than in past decades, but still sensitive to federal space and defense budgets.
Near-term outlook: Brevard is positioned as one of Florida's stronger growth stories over the next 12 months: the SpaceX/Blue Origin/L3Harris hiring wave is pulling in high-income households faster than housing can be built, supporting both prices and rents. Expect demand to stay firm, with the main brakes being coastal insurance costs and affordability creeping up from a low base.
Run the numbers in Brevard County
- Find the best agent in Brevard County
- Get a cash offer in Brevard County
- Brevard County housing scorecard
- What would selling net you
- Buyer closing costs calculator
Shopping a different budget? See the most affordable communities in Brevard County.
Common questions
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Rankings are objective MLS median-sale-price aggregates as of 2026-06-16, change over time, and are deemed reliable but not guaranteed. They describe home prices only. Equal Housing Opportunity.