Alamanda Key Phase I Melbourne in Melbourne

Alamanda Key Phase I Melbourne
Homes for Sale in Melbourne, FL

Community in Melbourne · Brevard County
116 homesBuilt 2006–2021
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Photo via Space Coast MLS

Built fromLive Space Coast MLS dataFL DOR public recordsUpdated twice daily
Live · Alamanda Key Phase I Melbourne Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
2.8mo
Supply
3 to 6 months is the balanced band
40%
Under contract
Brevard: 28% (1,397 of 4,982)
3 · 2
For sale · pending
live counts, refreshed twice daily
Ownership and context
85%
Owner-occupied · Alamanda Key Phase I Melbourne
99 of 116 parcels homesteaded (FL DOR 2025)
15%
Non-owner-occupied · Alamanda Key Phase I Melbourne
incl. 10% trust or LLC-held · 7% out-of-state
116
Homes in the community
116 residential parcels (FL DOR 2025)
Track record · years of records
Est. 2006
Community established
homes built 2006-2021, median 2017 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Alamanda Key Phase I is a gated Melbourne enclave of 116 homes built between 2006 and 2021, with a median year of 2017. The median living area is 2,555 square feet, and 85% of owners have filed homestead exemptions - a hallmark of stable owner-occupancy. Current inventory is three listings across the entire community, producing a 2.8-month supply that tilts the negotiating leverage slightly toward sellers.

Pricing here is driven by square footage, interior condition, and lot position relative to community amenities. The seller-leaning band means a well-prepared home will command close to list, while buyers willing to move quickly on new inventory have the best chance at terms. Median time on market is short; expect to decide within days, not weeks.

Alamanda Key Phase I Melbourne Housing Pulse · Momentum Research · as of July 15, 2026

Alamanda Key Phase I Melbourne right now

🔴 Seller-leaning market. 2.8 months of supply and 40% of the inventory already under contract give sellers the pressure advantage.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 (5 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 want a gated, amenity-rich lifestyle with recent construction and are prepared to compete in a seller-leaning market.
  • Households seeking a median 2,555-square-foot single-family layout with low deferred-maintenance risk and owner-occupied neighbors.
  • Relocators to Melbourne who value immediate move-in readiness and on-site recreation without waiting for new-build delivery.

Probably not for

  • Bargain hunters expecting deep discounts or lengthy negotiation windows - current supply strongly favors sellers.
  • Buyers who want older, lower-cost homes with sweat-equity upside or minimal HOA structure.
  • Investors targeting short-term rental income - the high homestead share and gated governance typically restrict or prohibit STR activity.

The market around Alamanda Key Phase I Melbourne

Alamanda Key Phase I 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 Alamanda Key Phase I Melbourne specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in Alamanda Key Phase I Melbourne

Live MLS inventory for Alamanda Key Phase I 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 Alamanda Key Phase I 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.

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

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 Alamanda Key Phase I 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 Alamanda Key Phase I Melbourne address.

If we were buying in Alamanda Key Phase I 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

Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.

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 Phase I Melbourne.

Best Buy
Buyers who want turnkey gating and amenities without new-construction timelines or speculative zip codes.
Biggest Risk
A 2.8-month supply leaves little room for negotiation; mis-priced listings expire, well-priced ones move in days.
Sweet Spot
Buyers pre-approved and ready to move who value immediate access to fitness, courts, and pool without paying new-construction premiums.
Avoid If
You need a fixer-upper discount or want to negotiate hard on price - inventory is too tight and condition too recent.

What you're actually buying in Alamanda Key Phase I

Alamanda Key Phase I Melbourne is a 116-home gated community in Melbourne's Brevard County market. Construction spanned from 2006 to 2021, with a median build year of 2017, meaning the majority of homes are less than a decade old. The median living area is 2,555 square feet, and the floorplan mix skews toward single-family layouts with garage parking and private yards. The high homestead share - 85% - signals that most buyers intend to stay, not flip or rent.

Community amenities are extensive: gated entry with security fence, clubhouse, pool, spa, fitness center, tennis and pickleball courts, jogging path, and grounds maintenance. Off-site and full-time management handle operations; cable TV is included in the association structure. Not every home has identical access to every amenity, so confirm specific privileges and fee breakdowns with the HOA before contract.

The current market posture is seller-leaning, with three active listings serving a 116-home base and a 2.8-month supply. Inventory this lean means serious buyers should be ready to write the day they tour. Sellers who overprice will sit; those who price to condition and comps will typically see an offer inside two weeks. The Phase I designation is literal - this is one slice of a larger Alamanda development, so verify boundaries, HOA governance, and any pending construction or boundary changes with your agent.

The location and the amenities are priced into every listing in Alamanda Key Phase I 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

Momentum Realty specializes in Northeast Florida's gated and amenity-managed communities, where contract details - HOA disclosure, capital reserve health, special assessment history, resale approval timelines - matter as much as the home itself. We pull HOA documents before you tour, not after you fall in love. In a seller-leaning market like Alamanda Key Phase I, our agents write competitive offers that protect your contingencies without losing the deal, and our listing strategy for sellers uses tightly comparable data to price homes where they will actually transact. We will also tell you when a community does not fit your goals, even if it costs us a commission.

Alamanda Key Phase I Melbourne in 15 seconds.

Best forBuyers who want turnkey gating and amenities without new-construction timelines or speculative zip codes.
Biggest advantageHigh owner-occupancy and recent median build year mean stable governance and lower deferred-maintenance risk.
Biggest riskA 2.8-month supply leaves little room for negotiation; mis-priced listings expire, well-priced ones move in days.
Sweet spotBuyers pre-approved and ready to move who value immediate access to fitness, courts, and pool without paying new-construction premiums.
Avoid ifYou need a fixer-upper discount or want to negotiate hard on price - inventory is too tight and condition too recent.

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 Alamanda Key Phase I Melbourne sales matched to your home.

What is your Alamanda Key Phase I Melbourne home worth?

Get a no-obligation home value based on real comparable sales in Alamanda Key Phase I 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 Alamanda Key Phase I Melbourne on the map →

Real comps, not an automated estimate.

Alamanda Key Market Scorecard

Seller's Market (limited data)

Alamanda Key is currently a seller's market (limited data). About 2.8 months of supply, a median asking price of $375,000.

2.8
Months supply
$375,000
Median list
$335,000
Median sold
$193
Per sqft
n/a
Days on mkt
3/2/13
Active/Pend/Sold

Typical home value in the 32901 ZIP is $270,551, about 6.9% above 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 Alamanda Key Phase I Melbourne a buyer's or seller's market right now?
As of July 15, 2026, Alamanda Key Phase I Melbourne leans toward sellers: 2.8 months of supply at the current sales pace (Space Coast MLS live counts).
How many homes are in Alamanda Key Phase I Melbourne?
The Florida DOR 2025 assessment roll shows 116 homes in Alamanda Key Phase I Melbourne (public records).
What share of Alamanda Key Phase I Melbourne is owner-occupied?
85% of Alamanda Key Phase I Melbourne 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 Phase I Melbourne built?
Homes in Alamanda Key Phase I Melbourne were built between 2006 and 2021, with a median year built of 2017 (FL DOR 2025 roll).
Who is the best real estate agent for Alamanda Key Phase I Melbourne?
The best agent for Alamanda Key Phase I 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 Alamanda Key Phase I Melbourne.
How do I find a top Melbourne real estate agent who knows Alamanda Key Phase I 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 Alamanda Key Phase I Melbourne and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Alamanda Key Phase I Melbourne?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Alamanda Key Phase I Melbourne purchase or sale - no call center and no pressure.
Buyers who want a gated, amenity-rich lifestyle with recent construction and are prepared to compete in a seller-leaning market.Excellent fit
Households seeking a median 2,555-square-foot single-family layout with low deferred-maintenance risk and owner-occupied neighbors.Excellent fit
Relocators to Melbourne who value immediate move-in readiness and on-site recreation without waiting for new-build delivery.Excellent fit
Bargain hunters expecting deep discounts or lengthy negotiation windows - current supply strongly favors sellers.Probably not
Buyers who want older, lower-cost homes with sweat-equity upside or minimal HOA structure.Probably not
Investors targeting short-term rental income - the high homestead share and gated governance typically restrict or prohibit STR activity.Probably not

Nearby Communities

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

SOSouth Oaks Merritt IslandMelbourne, FL · 0.4 miHWHidden Woods MelbourneMelbourne, FL · 0.4 miTGThe Gables At Lake In The Woods Ph Ii MelbourneMelbourne, FL · 0.4 miSWSonesta Walk MelbourneMelbourne, FL · 0.4 miSLSouthampton Lakes MelbourneMelbourne, FL · 0.6 miSLSouth Lakes Phase I MelbourneMelbourne, FL · 0.7 miMAMeridian At Mayfair MelbourneMelbourne, FL · 0.7 miFLFeather Lakes MelbourneMelbourne, FL · 0.7 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?

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 your area comps.

Looking to buy here? Search homes for sale →

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