Alamanda Key
Homes for Sale in Melbourne, FL
All 709 homes for sale in Melbourne, FL · median $399,000 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of November 2026, Alamanda Key Phase I in Melbourne, FL has 5 homes for sale, asking from $299,900 to $389,000 (median $339,000). Homes listed or recently sold were built 2006 - 2020; 12 of 12 report an HOA (median $283/mo); none of the 12 geocoded homes sit in a FEMA special flood hazard zone (median elevation 27 ft).
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.
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ActiveActive and pending Alamanda Key listings as of 2026-11-10, priced high to low. Based on information from the Space Coast MLS. Tap any home to ask about it.
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.
Figures in this note are as of July 16, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Alamanda Key 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 November 11, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
A gated, amenity-rich community anchored by recent construction and owner-occupied stability, where limited inventory currently favors sellers who price correctly.
Flood zones in Alamanda Key: of 12 listing addresses checked against the FEMA National Flood Hazard Layer, 100% sit outside the FEMA Special Flood Hazard Area (Zone X). Individual parcels vary - verify any specific address at msc.fema.gov. See flood zones by neighborhood in Melbourne.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
The setting & the homes.
Aerial and on-site photos of Alamanda Key. Swipe to explore the community.
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Alamanda KeyPhotos from Space Coast MLS listings in Alamanda Key; content deemed reliable but not guaranteed.
Who Alamanda Key is best for.
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
Alamanda Key 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 specifically. Momentum Research analysis of MLS records.
Alamanda Key on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Space Coast MLS. Map data © OpenStreetMap contributors.
Life at Alamanda Key
- Clubhouse · reported on 16 of 16 listings
- Pool · reported on 16 of 16 listings
- Tennis Court(s) · reported on 15 of 16 listings
- Maintenance Grounds · reported on 14 of 16 listings
- Fitness Center · reported on 13 of 16 listings
- Gated · reported on 12 of 16 listings
- Spa/Hot Tub · reported on 11 of 16 listings
- Security Gate · reported on 11 of 16 listings
- Cable TV · reported on 10 of 16 listings
- Management - Off Site · reported on 8 of 16 listings
- Jogging Path · reported on 6 of 16 listings
- Pickleball · reported on 4 of 16 listings
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
- 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 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 address.
Shop the zone: Homes zoned for Palm Bay High School
Recent Developments in Alamanda Key Phase I
Development, infrastructure, retail, and school activity affecting Alamanda Key Phase I, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Retail & Dining
Margarita Island opens in the former El Chico building on Evans Road, Melbourne
The Mexican restaurant chain opened at 1751 Evans Road in Melbourne, its fourth Brevard location and seventh in Florida. It offers a full menu and a full-service bar.
What it may mean for the marketA new sit-down dining option adds to restaurant choices along the Evans Road area of Melbourne. The project is about 6 miles northwest of Alamanda Key Phase I, elsewhere in Brevard County.
Source: Space Coast Daily - October 2026Market
Brevard September home sales: single-family slows while condos and townhomes gain
Space Coast Association of Realtors data show the September single-family median price at $380,000, up 0.5%, with closed sales down 2.5% to 818 and 3.5 months of supply. Condo and townhouse median price rose 6.9% to $272,500, with 172 closed sales and 5.9 months of supply.
What it may mean for the marketTighter single-family supply and a firmer condo and townhouse segment point to differing inventory conditions across Brevard housing types. The project is about 15 miles north of Alamanda Key Phase I, elsewhere in Brevard County.
Source: Space Coast Daily - October 2026Infrastructure
Melbourne starts a citywide road condition survey with a scanning van
City consultant Michael Baker International began driving every city-maintained road on Oct. 15 with LiDAR, 3D scanners and cameras. The survey should finish by the end of 2026, and the Pavement Management Plan will be updated by early 2027 to prioritize resurfacing.
What it may mean for the marketThe survey will set the resurfacing priority list that shapes road conditions and repair timing across Melbourne. The site is about 3 miles northeast of Alamanda Key Phase I.
Source: WFTV - June 2026Development
Proposed Brevard County USL soccer stadium would anchor new mixed-use development
Developers unveiled plans for an 8,000-seat professional soccer stadium along West NASA Boulevard by Melbourne Orlando International Airport as the home of the Space Coast Soccer Club. The complex would include restaurants and retail space, with a targeted opening in spring 2028 and about 20 to 25 professional matches per year.
What it may mean for the marketA new stadium and mixed-use complex would add restaurant, retail, and event space to this part of Melbourne and expand the local commercial and entertainment footprint. The project is about 4 miles northwest of Alamanda Key Phase I, elsewhere in Brevard County.
Source: FOX 35 Orlando - June 2026Development
West Melbourne's Space Coast Town Center Expands
The 225-acre Space Coast Town Center on U.S. 192 and Interstate 95 in West Melbourne is advancing a new phase called The Landing, which will feature a grocery anchor, retail shops, restaurants, and roughly 300 apartments. When fully built, the overall development is planned to include more than 2,000 residential units, 300 hotel rooms, office space, and retail.
What it may mean for the marketA new phase adds grocery, retail, dining, and apartment capacity to this mixed-use center and expands the local commercial base at a major highway interchange. The project is about 4 miles northwest of Alamanda Key Phase I, elsewhere in Brevard County.
Source: WFTV - May 2026Infrastructure
Ellis Road widening from John Rodes Boulevard to Wickham Road advances to construction
FDOT's project to widen Ellis Road from two to four lanes over about 1.8 miles between John Rodes Boulevard and Wickham Road in the Melbourne area had a construction letting scheduled for May 20, 2026, at an estimated construction cost of $57 million. The work includes new sidewalks, buffered bicycle lanes, new traffic signals, and drainage improvements.
What it may mean for the marketWidening this corridor would increase road capacity and add sidewalks and bike lanes across a key West Melbourne and Melbourne connection. The project is about 5 miles north of Alamanda Key Phase I, elsewhere in Brevard County.
Source: CFL Roads (FDOT)
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.
The Alamanda Key buying strategy.
If we were buying in Alamanda Key today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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.
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. The deal is won or lost on condition, the comps, and the renovation math.
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 in 15 seconds.
Tools for a Alamanda Key buy.
Free calculators to pressure-test the real cost before you tour.
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.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Alamanda Key, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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.
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Recently off market in Alamanda Key Phase I
Homes in Alamanda Key Phase I that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 2 on record.
- 4050 Alamanda Key Drive · off market
- 415 Lorelei Avenue · off market
| Location | Melbourne, Brevard County, FL |
|---|---|
| Homes in the community | 116 (FL DOR 2025 assessment roll) |
| Years built | 2006–2021 (median 2017) |
| Typical living area | 2,555 sq ft (median) |
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | Gated, Clubhouse, Maintenance Grounds, Fitness Center, Tennis Court(s), Security Gate |
| For sale right now | 3 active, 2 pending · median asking $375,000 · 2.8 months of supply |
| Owner-occupied (homestead) share | 85% |
Data as of July 15, 2026. Based on information from the Space Coast MLS for the period %s through %s; 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-phase-i-melbourne, data as of July 15, 2026.
Just listed in Alamanda Key
The newest homes for sale in Alamanda Key right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 4220 Alamanda Key Drive $315,000 · 3 bd · 2 ba · 1,551 sq ft · new today Courtesy of Lokation Real Estate
- 3720 Alamanda Key Drive $389,000 · 3 bd · 2 ba · 1,729 sq ft · new today Courtesy of Ellingson Properties
- 543 Heming Way $375,000 · 3 bd · 2 ba · 1,937 sq ft · new today Courtesy of RE/MAX Elite
- 4080 Alamanda Key Drive $299,900 · 3 bd · 2 ba · 1,550 sq ft · new today Courtesy of Misty Morrison Real Estate
- 668 Lorelei Avenue $339,000 · 3 bd · 2 ba · 1,630 sq ft · new today Courtesy of Stanley Homes LLC
Checked against the MLS nightly. All new listings in this market.
Every Home for Sale in Alamanda Key Phase I Melbourne Right Now (5)
All 5 active and pending Alamanda Key Phase I Melbourne listings with a detail page, newest first, refreshed twice a day from the MLS.
- 4220 Alamanda Key Drive · $315,000 · 3 bd / 2 ba · listed Aug 12, 2026 · listed by Lokation Real Estate
- 3720 Alamanda Key Drive · $389,000 · 3 bd / 2 ba · listed Aug 12, 2026 · listed by Ellingson Properties
- 543 Heming Way · $375,000 · 3 bd / 2 ba · listed Aug 12, 2026 · listed by RE/MAX Elite
- 4080 Alamanda Key Drive · $299,900 · 3 bd / 2 ba · listed Aug 12, 2026 · listed by Misty Morrison Real Estate
- 668 Lorelei Avenue · $339,000 · 3 bd / 2 ba · listed Aug 12, 2026 · listed by Stanley Homes LLC
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Melbourne guides & data
- Market data
- Cost of living
- Best neighborhoods (ranked by data)
- Best neighborhoods
- Flood zones
- Property taxes (Brevard County)
- Homestead exemption (Brevard County)
- Home insurance cost
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
- Florida documentary stamp tax, explained
- Cheapest places to live in Florida
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Alamanda Key Drive (25 homes on record)
- Alamanda Key Drive (18 homes on record)
21% 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 (2026-11-11).
Alamanda Key Market Scorecard
Alamanda Key is currently a buyer-leaning market (limited data). About 8.6 months of supply, a median asking price of $339,000.
Typical home value in the 32901 ZIP is $267,368, about 2.7% 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 2026-11-11. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
What it really costs to own in Alamanda Key
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $3,878/yr across 7 listings here (MLS tax records, 2026-11-11). |
|---|---|
| HOA dues | Median $283/month across 8 MLS listings (most billed quarterly; 2026-11-11). Dues cover what the documents say they cover; ask for the budget and reserve study. |
| Home and flood insurance | The average Citizens Property Insurance premium in Brevard County is $2,348/yr (6,986 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. Flood: of 12 listing addresses checked against the FEMA flood map, 100% sit outside the high-risk zone. Statewide, a Zone X flood policy runs about $500-$700/yr and a high-risk zone $1,200-$2,500/yr (FEMA Risk Rating 2.0 averages, not quotes). |
| Roof and age | Median build year 2015 across 7 listings. An original roof here is about 11 years old: still inside the 15-year window Florida carriers use, but ask for the roof's permit date before you bind coverage. |
Estimated carrying cost at the median asking price, before the mortgage: about $802/month (tax $323, HOA $283, insurance $196). An estimate from the sources above, not a quote.
Email me new listings in Alamanda Key
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Ask an agent about Alamanda Key
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Alamanda Key will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
Is Alamanda Key a buyer's or seller's market right now?
How many homes are in Alamanda Key?
What share of Alamanda Key is owner-occupied?
When were the homes in Alamanda Key built?
Who is the best real estate agent for Alamanda Key?
How do I find a top Melbourne real estate agent who knows Alamanda Key?
Can Momentum Realty connect me with an agent for Alamanda Key?
Where is Alamanda Key, and what county is it in?
Is Alamanda Key in a flood zone?
Should you buy in Alamanda Key?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: November 10, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (community parcel extract) |
| Under-contract shares | Space 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.
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See how Alamanda Key Phase I fits the bigger picture — live prices, inventory, and Momentum Scores: