Alamanda Key
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
183 homesBuilt 2006–2022Median sale $325K
Free · No obligation
Talk to a Alamanda Key Expert

True comps, carrying-cost math, and listings before the portals.

Live Market Pulse
34/100
Market Heat
Cooler than normal
2014 → 2026 · 76 at the 2022 peak
0 is Alamanda Key's coldest market since 2014, 100 its hottest. Today: 34. How it's scored
Built fromLive Space Coast MLS data20 years of closingsFL DOR public recordsUpdated twice daily

Over the 12 months ending 2026-09-20, 10 recorded sales closed at a median of $325,000, $190 per square foot, a median 68 days on market, sellers accepting 95% of original asking (-7% versus the prior year). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $5,070 ($4,450 with the full homestead exemption).

Alamanda Key key facts
LocationMelbourne, Brevard County, FL · ZIP 32901
Homes in the community183 (FL DOR 2025 assessment roll)
Years built2006–2022 (median 2017)
Typical living area2,400 sq ft (median)
Sale prices, last 12 months$325,000 median across 10 closed sales · $190 per sq ft · -7.1% vs the prior 12 months
Days on market (closed sales)68 median
Owner-occupied (homestead) share83%

Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2006 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Alamanda Key key facts,” movewithmomentum.com/neighborhoods/alamanda-key, data as of September 20, 2026.

Live · Alamanda Key Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$325K ▼
Median sold · 12 mo
down 7.1% vs the prior 12 months
-7.1% ▼
1-yr price change
n = 10 and 15 sales in the two windows
$190/sf
Sold $/sqft · 12 mo
peak $232 in 2022
94.8%
Sale vs ask
Tempo
69days
Median DOM · closed
16 days at the 2022 low
10
Sold · last 12 mo
10-yr average: about 11 a year
Ownership and context
83%
Owner-occupied · Alamanda Key
152 of 183 parcels homesteaded (FL DOR 2025)
17%
Non-owner-occupied · Alamanda Key
incl. 10% trust or LLC-held · 7% out-of-state
183
Homes in the community
183 residential parcels (FL DOR 2025)
Track record · 20 years of records
17
Recorded sales · 2024-2025
median $350K · qualified sales on the county roll (FL DOR 2025)
Est. 2006
Community established
homes built 2006-2022, median 2017 (FL DOR 2025)
1,756sqft
Median sold home size
12-mo windows, closed sales
5.5%/yr
Turnover rate
about 10 of 183 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Alamanda Key sits in Melbourne's broader residential market at a $330,000 median — about $193 per square foot — which places it squarely in the affordability tier for Brevard County attached and smaller-lot product. The 7% year-over-year price decline tells you sellers have had to adjust; with thirteen closings in the trailing window and a 66-day median market time, this is not a hot pocket. Buyers have room to negotiate, and inventory is moving at a measured pace.

The MLS pulls show no amenity infrastructure — no clubhouse, pool, or recreation facility tied to these listings — so value here is driven purely by the home itself and Melbourne location access. If you're weighing this community, you're buying the house and the price point, not a resort-style lifestyle. That can be exactly right for a first-timer or investor who wants to avoid HOA overhead, but it means your resale story will hinge on condition and market timing more than community appeal.

Alamanda Key Housing Pulse · Momentum Research · as of September 20, 2026

Alamanda Key right now

🟡 Off the recent peak. The trailing-12-month median ($325K) is down 7.1% from the prior 12 months ($350K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Space Coast MLS closed sales, 12-month windows ending September 20. Confidence: Medium (10 and 15 sales in the two windows).

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

· Updated September 27, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Nearby homes for sale

No active listings inside Alamanda KeyHomes for Sale in Melbourne, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

4080 Alamanda Key Drive
$308K · 0.0 mi away
3 bd · 2 ba · 1,550 sqft
4080 Alamanda Key Drive
Listed by Misty Morrison Real Estate
543 Heming Way
$375K · 0.1 mi away
3 bd · 2 ba · 1,937 sqft
543 Heming Way
Listed by RE/MAX Elite
4220 Alamanda Key Drive
$315K · 0.1 mi away
3 bd · 2 ba · 1,551 sqft
4220 Alamanda Key Drive
Listed by Lokation Real Estate
4037 Bayberry Drive
$250K · 0.1 mi away
2 bd · 2 ba · 1,046 sqft
4037 Bayberry Drive
Listed by Citarelli Realty Group
3973 Bayberry Drive
$212K · 0.1 mi away
2 bd · 2 ba · 1,102 sqft
3973 Bayberry Drive
Listed by Waterman Real Estate, Inc.
668 Lorelei Avenue
$350K · 0.2 mi away
3 bd · 2 ba · 1,630 sqft
668 Lorelei Avenue
Listed by Stanley Homes LLC

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Alamanda Key market snapshot (as of September 20, 2026): the median sale price is about $325K ($190 per sq ft over the trailing 12 months of closed sales), and a median 69 days on market for closed sales. The trailing-12-month median is down 7% from the prior 12 months, computed from record-level Space Coast MLS closed sales (10 closings in the current window).

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.

County records show 17 qualified sales in Alamanda Key across 2024–2025 (7 in 2024, 10 in 2025), median $350,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Alamanda Key is a community of 183 homes in Melbourne, Brevard County, built between 2006 and 2022 (median 2017), with a median living area of about 2,400 square feet. 83% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Alamanda Key is a Melbourne neighborhood where the $330,000 median reflects accessible pricing and a market that has cooled from last year's levels, giving today's buyers negotiating leverage and time to choose carefully.

Best for

  • First-time buyers with a budget near $330K who prioritize ownership over renting and can handle a market that rewards patience.
  • Investors seeking cash-flow rental product at an accessible basis, comfortable with longer tenant-turn timelines and minimal HOA drag.
  • Downsizers or second-home buyers who want a low-maintenance Melbourne base without resort fees or amenity assessments.

Probably not for

  • Buyers who need a clubhouse, pool, or planned social calendar as part of their monthly HOA spend.
  • Flippers counting on fast appreciation — the 7% year-over-year drop and 66-day market time argue against a quick turnaround.
  • Anyone banking on immediate equity gain or requiring a hot seller's market to justify the purchase; this is a hold-and-wait posture.

Windows contain 0 to 17 sales each (10 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 2006 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$300K$400K20122014201620182020202220242026
Down 7.1% year over year.
Every sale since 2006 · price vs size
$0$200K$400K2k2k2k
143 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 $81 in 2012 to a $232 peak in 2022; $190 now.
Median days on market · closed sales
5010020122014201620182020202220242026
16 days at the 2022 low; 69 now.
Sale price vs original ask · median
95%100%20122014201620182020202220242026
94.8% now.
Homes sold per 12-mo window
05101520122014201620182020202220242026
0 to 17 a year; 10 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2014201620182020202220242026
76 at the 2022 peak, 10 in the troughs, 34 now. Same score as the hero card, full history.
How much local inventory is already under contract

24% 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 (2026-09-20).

If we were buying in Alamanda Key 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 Alamanda Key.

Best Buy
Buyers who want affordable Melbourne access without paying for amenities they won't use.
Biggest Risk
No community amenities and a 7% price decline mean resale will depend heavily on home condition and broader market recovery.
Sweet Spot
A well-maintained home priced at or slightly below the median, bought with inspection leverage and a hold horizon of five-plus years.
Avoid If
You need a quick-flip market or expect community recreation and social infrastructure as part of the package.

What the numbers tell us about value and velocity

The median days-on-market of 66 and a heat score of 32 confirm this is a buyer's environment. Homes are sitting longer than in competitive submarkets, and the 7% year-over-year price contraction means sellers who bought at peak are adjusting expectations or waiting. Thirteen closings in the window suggest modest but steady activity — not stalled, but not under pressure.

At $193 per square foot, Alamanda Key offers one of the more accessible entry points in Melbourne for attached or smaller single-family product. The trade-off is amenity-light living: no identified community pool, fitness center, or social hub in the MLS data. You are paying for the home and the address, which suits cost-conscious buyers and investors who prize simplicity and lower carrying costs over programmed recreation.

For sellers, the current posture requires honest pricing and home readiness. The market will move well-maintained, correctly priced inventory, but days-on-market will stretch if you test the top of the range. For buyers, the longer market time and negative price momentum create room to be selective, inspect thoroughly, and negotiate repairs or closing costs that were off the table a year ago.

“

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

Jon Brooks · Founder, Momentum Realty
6.4B- · Buy Score
Recent Direction4.2/10
Owner Commitment8.3/10
Pricing Power6.5/10

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 3 factors (6.4). Basis: Recent Direction -7.1% year-over-year; Owner Commitment 83% owner-occupied; Pricing Power 94.8% sale-to-list. Refreshed with each data update.

Why work with Momentum here

Alamanda Key rewards preparation and honest pricing, not speed. Our agents pull recent closed comps within the community, walk you through condition-based value adjustments, and help you understand whether a given list price reflects the current market or last year's optimism. We will tell you when to walk, when to offer under ask, and when a home's deferred maintenance will cost you more than the discount is worth. In a cooling, amenity-light market, that candor is the edge.

Alamanda Key in 15 seconds.

Best forBuyers who want affordable Melbourne access without paying for amenities they won't use.
Biggest advantageThe $330K median and longer market time give you negotiating room and time to be selective.
Biggest riskNo community amenities and a 7% price decline mean resale will depend heavily on home condition and broader market recovery.
Sweet spotA well-maintained home priced at or slightly below the median, bought with inspection leverage and a hold horizon of five-plus years.
Avoid ifYou need a quick-flip market or expect community recreation and social infrastructure as part of the package.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Alamanda Key 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 Alamanda Key.
In short
  • 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.

The takeaway

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

What is your Alamanda Key home worth?

Get a no-obligation home value based on real comparable sales in Alamanda Key, 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 →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Alamanda Key?
The median sale price in Alamanda Key was $325K over the 12 months ending September 20, 2026 (10 closed sales, Space Coast MLS).
How long do homes in Alamanda Key take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 69 days on market (10 sales, Space Coast MLS).
How many homes are in Alamanda Key?
The Florida DOR 2025 assessment roll shows 183 homes in Alamanda Key (public records).
What share of Alamanda Key is owner-occupied?
83% of Alamanda Key parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Alamanda Key built?
Homes in Alamanda Key were built between 2006 and 2022, with a median year built of 2017 (FL DOR 2025 roll).
Who is the best real estate agent for Alamanda Key?
The best agent for Alamanda Key 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 Alamanda Key.
How do I find a top Melbourne real estate agent who knows Alamanda Key?
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 Alamanda Key and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Alamanda Key?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Alamanda Key purchase or sale - no call center and no pressure.
Where is Alamanda Key, and what county is it in?
Alamanda Key is in Melbourne, Brevard County, FL, ZIP 32901. The community's center is about 4 miles south of the center of Melbourne (straight-line).
Is Alamanda Key a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Alamanda Key: the median sale price over the last 12 months was $325K (10 sales), 16% below the Melbourne median of $385K; homes took a median 68 days to go under contract; the assessment roll counts 183 homes, 83% of them homesteaded (owner-occupied). The full numbers, price history and the flood and school sections are above.
First-time buyers with a budget near $330K who prioritize ownership over renting and can handle a market that rewards patience.Excellent fit
Investors seeking cash-flow rental product at an accessible basis, comfortable with longer tenant-turn timelines and minimal HOA drag.Excellent fit
Downsizers or second-home buyers who want a low-maintenance Melbourne base without resort fees or amenity assessments.Excellent fit
Buyers who need a clubhouse, pool, or planned social calendar as part of their monthly HOA spend.Probably not
Flippers counting on fast appreciation — the 7% year-over-year drop and 66-day market time argue against a quick turnaround.Probably not
Anyone banking on immediate equity gain or requiring a hot seller's market to justify the purchase; this is a hold-and-wait posture.Probably not

Data sources & freshness

Community market statsSpace Coast MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (4 streets, ZIP 32901))
Under-contract sharesSpace Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2006 (143 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.

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 →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

By submitting, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call, email, and text you about your inquiry, which may involve automated means and prerecorded or artificial voices. You do not need to consent as a condition of buying any property, goods, or services. To opt out, reply STOP at any time or reply HELP for assistance. You can also click the unsubscribe link in emails. Message and data rates may apply. Message frequency may vary. See our Privacy Policy and SMS Terms.or call (904) 351-6461
CallFree valuation →

Nearby Communities

Explore more neighborhoods near Alamanda Key with Momentum Realty’s local guides.

Alamanda Key0.0 mi away · 116 homes, built 2006–21, 3 for saleBTBelle Terrace0.2 mi away · median $352K, 4 sales/12 moBEBayberry Estates0.2 mi away · median $264K, 4 sales/12 moCCCinnamon Cove0.3 mi away · median $284K, 4 sales/12 mo

Browse all neighborhood guides →

Thinking of selling in Alamanda Key? 10 recorded closings; median 68 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.
Talk to a Local Alamanda Key Expert
Call Get Listings