Alamanda Key market snapshot (as of June 17, 2026): the median sale price is about $335K ($193 per sq ft), a buyer-leaning market (limited data). Based on 15 recent closings in live Space Coast MLS data.
Alamanda Key is a gated, age-restricted (55 and over) community in Melbourne (ZIP 32901), Brevard County. Third-party profiles report roughly 300 homes across single-family and attached homes, set around two lakes, with an island-style clubhouse, fitness room, pool and tennis court.
The draw is a maintenance-light, amenity-supported, gated active-adult lifestyle in a convenient Melbourne location near US-1, downtown Melbourne and the beaches. The gated setting and the amenities are a real part of what buyers here are paying for.
Reported HOA dues are higher than a typical single-family neighborhood because the inclusions are reported to be broad, covering items such as grounds, the pool and recreation facilities, and in some reports more. Confirm the current dues, exactly what they cover, and the reserve picture in writing before you offer, since broad-inclusion associations live or die on their reserves.
Confirm the age covenant (55 and over) in writing, plus the specific structure type, size, year built, lot and condition for any home you consider. School zoning matters mainly for resale and visiting relatives in an age-restricted community.