Acres Of Diamonds Melbourne in Melbourne

Acres Of Diamonds Melbourne
Homes for Sale in Melbourne, FL

Community in Melbourne · Brevard County
83 homesBuilt 1960–2021
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Photo via Space Coast MLS

Built fromLive Space Coast MLS dataFL DOR public recordsUpdated twice daily
Live · Acres Of Diamonds Melbourne Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
12.0mo
Supply
3 to 6 months is the balanced band
50%
Under contract
Brevard: 28% (1,397 of 4,982)
1 · 1
For sale · pending
live counts, refreshed twice daily
Ownership and context
40%
Owner-occupied · Acres Of Diamonds Melbourne
33 of 83 parcels homesteaded (FL DOR 2025)
60%
Non-owner-occupied · Acres Of Diamonds Melbourne
incl. 7% trust or LLC-held · 17% out-of-state
83
Homes in the community
83 residential parcels (FL DOR 2025)
Track record · years of records
Est. 1960
Community established
homes built 1960-2021, median 1970 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Acres Of Diamonds Melbourne is a small, land-lease mobile home community in Melbourne with one active listing and 12 months of supply - a deeply buyer-leaning posture. The median home was built in 1970, and the median living area is 720 square feet. About 40 percent of the 83 parcels carry homestead exemptions, which suggests a mix of primary residents and investment or seasonal owners.

Price is a function of unit condition, lot position, and the terms of the land lease. Listings are infrequent; when a home does appear, it will sit longer than average, and the seller who prices conservatively and discloses lease terms up front will control the timeline. Buyers have negotiating room and time to inspect thoroughly.

Acres Of Diamonds Melbourne Housing Pulse · Momentum Research · as of July 15, 2026

Acres Of Diamonds Melbourne right now

🟢 Buyer-leaning market. 12.0 months of supply and 50% of the inventory already under contract give buyers above-average negotiating leverage.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 July 15, 2026. Confidence: Low (2 active and pending listings, 0 closed sales in 12 months).

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

Updated July 15, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Best for

  • Buyers who understand land-lease economics and want low-cost square footage in a stable Melbourne location
  • Cash or specialized-lender buyers willing to perform full due diligence on both structure and lease terms
  • Investors seeking long-term rental income from affordable manufactured housing with manageable turnover

Probably not for

  • Buyers who need conventional financing or want equity control that includes the land beneath the home
  • Anyone uncomfortable with monthly lot rent, park rules, or the possibility of lease-term changes over time
  • Buyers prioritizing rapid appreciation or resale liquidity in a high-turnover market

The market around Acres Of Diamonds Melbourne

Acres Of Diamonds Melbourne 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 Acres Of Diamonds Melbourne specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in Acres Of Diamonds Melbourne

Live MLS inventory for Acres Of Diamonds Melbourne. 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 Acres Of Diamonds Melbourne listings as of 2026-07-14, 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.

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
  • Meadowlane · Elementary
  • Central · Middle
  • Melbourne · High

Zoned schools reflect the assignments reported on recent Acres Of Diamonds Melbourne 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 Acres Of Diamonds Melbourne address.

If we were buying in Acres Of Diamonds Melbourne 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

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

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 Acres Of Diamonds Melbourne.

Best Buy
Buyers comfortable with land-lease structures who want affordable square footage and low turnover pressure.
Biggest Risk
Older median build year and lease terms you do not control can limit financing options and resale flexibility.
Sweet Spot
A fully updated unit on a well-maintained lot with transparent lease escalation and an owner-occupant track record.
Avoid If
You need conventional financing on a stick-built home or want predictable appreciation independent of park management.

One active listing, 12 months of supply, and a land-lease structure

Acres Of Diamonds Melbourne contains 83 homes built between 1960 and 2021, with a median vintage of 1970 and median living area of 720 square feet. This is manufactured housing on leased land, which means every buyer assumes an ongoing monthly lot-rent obligation in addition to the purchase price of the home itself. Lease terms, escalation clauses, and park rules govern your occupancy and resale rights, so you will want a real-estate attorney to review the lease before you commit.

With 12 months of supply and one home currently listed, the community is quiet. Turnover is low, and when a home does come to market it will sit until the right buyer appears. That dynamic favors deliberate buyers who can perform full due diligence on both the structure - roof, HVAC, tie-downs, skirting - and the lease. About 40 percent of parcels carry homestead exemptions, indicating a stable core of owner-occupants alongside investors or seasonal users.

The construction span from 1960 to 2021 means condition varies widely. Older units will show their age in systems, insulation, and layout; newer or comprehensively updated homes will command a premium. Financing can be more complex for manufactured homes on leased land, so line up lender pre-approval early and confirm the property meets your loan program's eligibility criteria.

The location and the amenities are priced into every listing in Acres Of Diamonds Melbourne. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Land-lease communities require a broker who knows how to read park documents, model your total monthly carrying cost, and negotiate from a position of patience when inventory is thin. Momentum will walk you through lease terms, connect you with a closing attorney who understands manufactured housing, and ensure you have time to inspect every system before you waive contingencies. When one listing can sit for a year, experience and honesty matter more than speed.

Acres Of Diamonds Melbourne in 15 seconds.

Best forBuyers comfortable with land-lease structures who want affordable square footage and low turnover pressure.
Biggest advantageTwelve months of supply means you set the pace, inspect thoroughly, and negotiate from strength.
Biggest riskOlder median build year and lease terms you do not control can limit financing options and resale flexibility.
Sweet spotA fully updated unit on a well-maintained lot with transparent lease escalation and an owner-occupant track record.
Avoid ifYou need conventional financing on a stick-built home or want predictable appreciation independent of park management.

HOA, CDD & Fees

In short
  • Mandatory HOA - confirm current dues
  • 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.

The takeaway

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

What is your Acres Of Diamonds Melbourne home worth?

Get a no-obligation home value based on real comparable sales in Acres Of Diamonds Melbourne, 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 homes for sale in Acres Of Diamonds Melbourne on the map →

Real comps, not an automated estimate.

Acres of Diamonds Market Scorecard

Buyer-Leaning Market (limited data)

Acres of Diamonds is currently a buyer-leaning market (limited data). About 12.0 months of supply, a median asking price of $195,000.

12.0
Months supply
$195,000
Median list
$130,000
Median sold
$162
Per sqft
n/a
Days on mkt
1/1/1
Active/Pend/Sold

Typical home value in the 32935 ZIP is $270,668, about 15.1% 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 2026-07-14. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Is Acres Of Diamonds Melbourne a buyer's or seller's market right now?
As of July 15, 2026, Acres Of Diamonds Melbourne leans toward buyers: 12.0 months of supply at the current sales pace (Space Coast MLS live counts).
How many homes are in Acres Of Diamonds Melbourne?
The Florida DOR 2025 assessment roll shows 83 homes in Acres Of Diamonds Melbourne (public records).
What share of Acres Of Diamonds Melbourne is owner-occupied?
40% of Acres Of Diamonds Melbourne parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Acres Of Diamonds Melbourne built?
Homes in Acres Of Diamonds Melbourne were built between 1960 and 2021, with a median year built of 1970 (FL DOR 2025 roll).
Who is the best real estate agent for Acres Of Diamonds Melbourne?
The best agent for Acres Of Diamonds Melbourne 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 Acres Of Diamonds Melbourne.
How do I find a top Melbourne real estate agent who knows Acres Of Diamonds Melbourne?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Acres Of Diamonds Melbourne and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Acres Of Diamonds Melbourne?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Acres Of Diamonds Melbourne purchase or sale - no call center and no pressure.
Buyers who understand land-lease economics and want low-cost square footage in a stable Melbourne locationExcellent fit
Cash or specialized-lender buyers willing to perform full due diligence on both structure and lease termsExcellent fit
Investors seeking long-term rental income from affordable manufactured housing with manageable turnoverExcellent fit
Buyers who need conventional financing or want equity control that includes the land beneath the homeProbably not
Anyone uncomfortable with monthly lot rent, park rules, or the possibility of lease-term changes over timeProbably not
Buyers prioritizing rapid appreciation or resale liquidity in a high-turnover marketProbably not

Nearby Communities

Explore more neighborhoods near Acres Of Diamonds Melbourne with Momentum Realty’s local guides.

PEPaulana East MelbourneMelbourne, FL · 0.2 miAshley Manor MelbourneMelbourne, FL · 0.3 miVAValencia Acres As Per Db 339 Pg 146 MelbourneMelbourne, FL · 0.3 miSWSheridan Woods MelbourneMelbourne, FL · 0.4 miTFThe Falls At Sheridan Phase Ii MelbourneMelbourne, FL · 0.9 miFRFalcon Ridge MelbourneMelbourne, FL · 0.9 miGAGreenboro Acres MelbourneMelbourne, FL · 1.0 miDADunes At Heritage Lakes MelbourneMelbourne, FL · 1.0 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: July 14, 2026)
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesSpace 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?

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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 your area comps.

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