Alamanda Key in Melbourne

Alamanda
Key

Gated 55+ community · Melbourne · Brevard County

A gated, age-restricted (55 and over) community in Melbourne, reported to include roughly 300 homes with a clubhouse, pool, tennis and lakes. The read is the specific home, the lot, and confirming the age covenant and the full HOA scope.

Gated 55+ communityClubhouse, pool, tennisRoughly 300 homes
Live Market Pulse
54/100
Momentum
Buyer-Leaning Market (limited data)
Tight supply keeps sellers in control, but dated interiors still trade at a discount, so condition is where buyers win.
Free · No obligation
Unlock Off-Market Alamanda Key

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Space Coast MLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulseSpace Coast MLS
$335K
Median Price
4mo
Supply
n/a
Avg DOM
Soft
Seller Leverage
$193/sf
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Alamanda Key is a gated, age-restricted (55 and over) community in Melbourne (ZIP 32901), Brevard County, reported to include roughly 300 homes across single-family and attached homes, with an island-style clubhouse, fitness room, pool, tennis court and two lakes. The value driver is a maintenance-light, amenity-supported, gated active-adult lifestyle in a convenient Melbourne location near US-1, downtown Melbourne and the beaches. The read is the specific home, its lot and condition, plus confirming the age covenant in writing, the full HOA dues and exactly what they cover, since reported inclusions are broad and the dues are correspondingly higher than a typical single-family neighborhood, and the reserve picture. Treat reported amenities and dues as figures to verify with the association before you offer."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

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.

Best for

  • Buyers who want a gated, age-restricted (55 and over) lifestyle
  • Buyers who value a clubhouse, pool, tennis and a maintenance-light setting
  • Buyers who will confirm the age covenant and the full HOA scope and reserves
  • Buyers who will comp the specific home, lot and condition

Probably not for

  • Buyers who do not qualify for or want an age-restricted community
  • Buyers who want a no-HOA, individual-ownership setting
  • Buyers who want the lowest possible monthly carry
  • Buyers unwilling to confirm the age covenant, HOA scope and reserves

How Alamanda Key is performing right now

54/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
4Months of supplytight
72Median days on marketdays
0 : 5Under contract vs for salestrong demand
15Sold in last 12 monthsliquidity
+5%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from the Space Coast MLS, as of June 17, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Alamanda Key listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Alamanda Key buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Alamanda Key

Live MLS inventory for Alamanda Key. 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 listings as of 2026-06-17, priced high to low. Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS.. Tap any home to ask about it.

Listing locations from Space Coast MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The takeaway

The location is the everyday-convenience case: shopping, schools, and the major roads are all a manageable drive.

US-1 corridor~4 to 10 min · north-south route
Downtown Melbourne~8 to 15 min · dining and shops
I-95 interchange~8 to 15 min · main highway access
Atlantic beaches (Melbourne area)~12 to 22 min · near the ocean
Orlando Melbourne Intl Airport~8 to 15 min · regional airport
Health First Holmes Regional area~6 to 12 min · medical campus

Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

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

Magnolia ManorMelbourneMagnolia ManorMelbourneMelbourne, FL · 0.3 miCrown HeightsCrown HeightsMelbourne, FL · 0.6 miMeadowridgeMeadowridgeMelbourne, FL · 0.7 miThe Gables atLake In The WoodsThe Gables atLake In The WoodsMelbourne, FL · 0.9 miCarriage GateMelbourneCarriage GateMelbourneMelbourne, FL · 0.9 miHWHidden Woods Homes for Sale in Melbourne, FLMelbourne, FL · 0.9 miBooker HeightsBooker HeightsMelbourne, FL · 1.0 miSonestaWalkSonestaWalkMelbourne, FL · 1.0 miMelbourneCourtMelbourneCourtMelbourne, FL · 1.1 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Alamanda Key (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Alamanda Key is served by Brevard County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any Alamanda Key address.

The takeaway

What is actually shaping value around Alamanda Key, sourced and dated. We do not publish rumor.

Recent Developments in Alamanda Key

Our read on what is being built around Alamanda Key, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThe structural story is a gated, amenity-supported, age-restricted community in a convenient Melbourne location, where the specific home, the age covenant and the full HOA scope and reserves drive outcomes. Watch regional growth and active-adult demand against the carrying-cost realities of a broad-inclusion association, and confirm the reserves before you offer.

Brevard County among Florida's faster-growing markets

2026
BullishNotable impact
SignificanceRadius: Area

Continued population and investment growth across the Space Coast supports housing demand in established Melbourne neighborhoods like this one.

Viera and west Melbourne development adds competition

Ongoing
NeutralNotable impact
SignificanceRadius: Area

New master-planned construction in the wider Melbourne area adds convenience and amenities while creating resale competition from newer homes.

Confirm the age covenant, HOA scope and reserves

Ongoing
NeutralMinor impact
SignificanceRadius: Community

The age covenant, the broad HOA inclusions and the reserve picture are the carrying-cost layers to confirm in writing before you offer.

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Alamanda Key, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. June 2026
    Development

    Orlando Health announces new Viera hospital

    Local coverage in June 2026 reported that Orlando Health announced plans for a new hospital and medical office building on a roughly 40-acre health and wellness campus in Viera, near I-95, with groundbreaking expected in 2026 and the project bringing more than 1,000 jobs to the region. Why it matters: Major healthcare investment in nearby Viera strengthens long-run demand and convenience for Melbourne-area communities. It is a structural positive, not a reason to skip per-home diligence. Source

  2. 2025-2026
    Growth

    Brevard County building boom continues

    Industry and local coverage describe the Space Coast adding roughly fifty-seven thousand residents from 2020 to 2025 and continued residential and commercial investment across Brevard County, including the Suntree, Viera and west Melbourne corridors, expected to continue through the late 2020s. Why it matters: Steady regional growth supports demand and amenities while adding traffic and resale competition from newer communities. Weigh a resale here against newer homes still selling nearby. Source

Development alerts for Alamanda KeyGet a short monthly email when something new is approved, funded, or opens near Alamanda Key.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Alamanda Key, this is the order of operations we would run, and the one we run for our clients.

1

Confirm the age covenant (55 and over) in writing, plus the full HOA dues and exactly what they cover, before you decide.

2

Confirm the reserve picture, since a broad-inclusion active-adult association depends on healthy reserves.

3

Comp the specific home, structure type, lot and condition, not the community average.

4

Confirm the amenities and access at the clubhouse, pool and tennis, since reported amenities change.

5

Weigh a gated Melbourne alternative like Baytree on amenities and total carrying cost.

Best Buy
A well-kept, updated home on a good lot, ideally with lake exposure, priced to recent community comps, with the age covenant and full HOA scope and reserves confirmed.
Biggest Risk
Buying into an underfunded broad-inclusion association, or missing the age covenant or a special assessment.
Best Lot
Lot, condition, updates and any lake exposure drive value here more than the community average; comp the actual home.
Smart Timing
With newer active-adult communities elsewhere in Brevard still selling, resales aging past sixty days can have flexibility; confirm fees, reserves and comps first.
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Alamanda Key is a gated, age-restricted (55 and over) community in Melbourne (ZIP 32901), Brevard County, reported to include 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 convenient location is near US-1, downtown Melbourne and the beaches. Confirm the age covenant in writing, the full HOA dues and broad inclusions, the reserve picture, the specific structure type and lot, and the school assignment by address with Brevard Public Schools if relevant, since details change.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Entry: smaller or attached homes
$280K to $320K

The smaller or attached homes, the entry door into this gated active-adult community with full amenity access. Confirm current pricing on the live listings below.

Lowest entry
Core: mid-size homes
$320K to $438K

The mid-size homes in average to good condition, the core of the community. Confirm current pricing on the live listings below.

Most inventory
High: updated homes and lake lots
$438K to $469K

The updated homes and the best lake lots, where condition, finishes and exposure set the price. Confirm current pricing on the live listings below.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

$280K to $320K
Entry: smaller or attached homes
The smaller or attached homes, the entry door into this gated active-adult community with full amenity access. Confirm current pricing on the live listings below.
$320K to $438K
Core: mid-size homes
The mid-size homes in average to good condition, the core of the community. Confirm current pricing on the live listings below.
$438K to $469K
High: updated homes and lake lots
The updated homes and the best lake lots, where condition, finishes and exposure set the price. Confirm current pricing on the live listings below.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Better lots and views resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

No CDD on the tax billStrong
Central Melbourne locationStrong
Scarce, established homesitesStrong
Established, in-demand locationPositive
All-resale 1990s conditionManage it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Alamanda Key

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Underbudgeting the carrying costs
  • Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

Alamanda Key is easy to like for the gated active-adult amenities and the convenient location. The deal is won or lost on the age covenant, the full HOA scope, and the reserves, not one fee number.

Jon Brooks · Founder, Momentum Realty
7.7B+ · Buy Score
Resale Strength7.6/10
Renovation Risk7.2/10
Location Efficiency8.0/10
Long-Term Defensibility7.6/10
Carrying Cost Advantage6.2/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on Alamanda Key is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Space Coast MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Space Coast MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Space Coast MLS; for orientation, not an appraisal.

15-Second Take
  • Golf, lake, and preserve lots hold value best
  • Interior lots are where buyers overpay
  • The lot cannot be renovated, the house can
  • Premium homesites resell faster
  • ~3% asking premium for premium lots today

In a built-out club community, the lot is the resale insurance

The houses can be renovated, but the lot and view cannot. Golf frontage, lakefront, and preserve lots consistently command higher premiums and resell faster than interior lots backing to another home. The premium you pay for a great homesite is the discount you avoid when you sell.

The mistake is paying an estate price for a base interior lot. We help buyers spot which homesites carry real, durable premiums and which are dressed-up interiors, so your money lands where the market will give it back.

Strongest resaleGolf frontage and lakefront homesites at Alamanda Key

Golf & lakefront lots

Open views over the course or the 26 community lakes. The scarcest, most in-demand homesites; they command the highest premiums and resell fastest.

Strong resalePreserve-backing homesites at Alamanda Key

Preserve lots

Backing to protected preserve means privacy with no rear neighbor. A consistent favorite that holds value well above a standard interior lot.

Moderate resaleCul-de-sac and larger interior homesites at Alamanda Key

Cul-de-sac & larger lots

Less traffic, more yard, and an easy walk to the club for some streets. A real but smaller premium that depends on the street and parcel size.

Value tierStandard interior homesites at Alamanda Key

Standard interior lots

The most affordable way through the gates, and the best renovation value. Just do not pay a golf or lake price for one, this is where buyers most often overpay.

Relative resale strength by lot and view, illustrative of how Alamanda Key homesites trade. The exact premium depends on the specific home, the view, and the street.

Alamanda Key in 15 seconds.

Best forBuyers who want a gated, age-restricted (55 and over) lifestyle with a clubhouse, pool, tennis and lakes in convenient Melbourne.
Strong onA gated active-adult amenity package, a maintenance-light setting, two lakes, and a convenient location near US-1, the beaches and a medical campus.
WatchThe age covenant, the broad HOA inclusions and the reserve picture. Confirm every carrying-cost layer in writing.
Sweet spotAn updated home on a good lot, ideally with lake exposure, priced to recent comps, with the age covenant and full HOA scope and reserves confirmed.
Not forBuyers who do not want an age-restricted community, a no-HOA setting, or the lowest possible monthly carry.

HOA, CDD & Fees

15-Second Take
  • Confirm the age covenant (55 and over) in writing
  • Confirm the current HOA dues and exactly what they include
  • Confirm the reserve picture and any special assessments
  • Confirm the clubhouse, pool and tennis access
  • Comp the specific home, structure type, lot and condition

We do not publish a precise HOA figure here because dues change. Reported dues are higher than a typical single-family neighborhood because the inclusions are reported to be broad. Confirm the current HOA dues, exactly what they include, and the reserve picture with the association before you offer.

Reported scope is broad for an active-adult community of this type, with sources describing common-area and grounds maintenance, landscaping, the community pool, recreation facilities, and in some reports additional services. Do not assume inclusions; confirm the current budget, the reserves and exactly what is covered with the association.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Alamanda Key, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Baytree, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Alamanda Key home worth?

Get a no-obligation home value based on real comparable sales in Alamanda Key matched to your condition, lot, and view, 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 on the map →
Or get your Alamanda Key home value & selling guide →

Real comps, not a Zestimate.

Alamanda Key Market Scorecard

Buyer-Leaning Market (limited data)

Alamanda Key is currently a buyer-leaning market (limited data). About 4.0 months of supply, a median asking price of $387,500.

4.0
Months supply
$387,500
Median list
$335,000
Median sold
$193
Per sqft
n/a
Days on mkt
5/0/15
Active/Pend/Sold

Typical home value in the 32901 ZIP is $270,716, about 7.7% 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 2026-06-18. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Alamanda Key located?
A gated, age-restricted (55 and over) community in Melbourne, Brevard County (ZIP 32901), near US-1, downtown Melbourne and the beaches. Confirm the exact location for any specific home.
Is Alamanda Key a 55+ community?
Third-party profiles describe Alamanda Key as an age-restricted (55 and over) community. Confirm the current age covenant in writing with the HOA before you offer.
How many homes are in Alamanda Key?
Third-party profiles report roughly 300 homes across single-family and attached homes in the gated community. Treat the count as reported and confirm specifics with the HOA and the listing.
What amenities does Alamanda Key have?
Reported amenities include an island-style clubhouse, fitness room, pool and tennis court, with two lakes and a walking path. Amenities and access change, so confirm the current list with the association.
What does the HOA cost at Alamanda Key?
We do not publish a precise HOA figure here because dues change. Reported dues are higher than a typical single-family neighborhood because the inclusions are reported to be broad. Confirm the current dues, what they include, and the reserve picture with the association before you offer.
What does the HOA include at Alamanda Key?
Reported inclusions are broad for an active-adult community, with sources describing common-area and grounds maintenance, the pool, recreation facilities, and in some reports additional services. Confirm exactly what is covered and the reserve picture in writing before you offer.
What kind of homes are in Alamanda Key?
Single-family and attached homes within the gated community. Confirm the specific structure type, size, year built, lot and condition for any home you consider.
What schools serve Alamanda Key?
The community is in Brevard Public Schools, with assignment by address. In an age-restricted community, zoning matters mainly for resale and visiting relatives; confirm the current campuses with the district if relevant.
How far is the beach from Alamanda Key?
Reported at roughly twelve to twenty-two minutes by car to the Melbourne-area Atlantic beaches. Confirm your real drive at your real departure time.
What does a home in Alamanda Key cost?
We do not publish a price figure here. Pricing tracks the specific home, its structure type, lot and condition. Confirm current pricing on the live listings on this page; we pull exact comps before you offer.
Is now a good time to buy in Alamanda Key?
It depends on the specific home, the reserves, and how resale stacks against other active-adult communities still selling. We pull live inventory, the HOA documents and comps so you can judge value on the actual property and the full carrying cost.
Do I need my own agent to buy in Alamanda Key?
Yes. The listing agent works for the seller. Your own agent confirms the HOA scope and any dues, pulls true comps by home and lot, and negotiates for you. Momentum Realty represents you, not the seller.
You want a gated, age-restricted (55 and over) lifestyleExcellent fit
You value a clubhouse, pool, tennis and a maintenance-light settingExcellent fit
You will confirm the age covenant and the full HOA scope and reservesExcellent fit
You will comp the specific home, lot and conditionExcellent fit
You want a convenient location near US-1, the beaches and a medical campusExcellent fit
You do not qualify for or want an age-restricted communityProbably not
You want a no-HOA, individual-ownership settingProbably not
You want the lowest possible monthly carryProbably not
You will not confirm the age covenant, HOA scope and reservesProbably not
You want acreage or a brand-new master planProbably not

Get the inside read on Alamanda Key

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Alamanda Key home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

We respond personally, usually the same day.

You are all set.

A Momentum Realty Alamanda Key specialist will reach out personally, usually the same day.

Space Coast MLS logo
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Source: Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS.

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