Bel Aire Palms Melbourne in Melbourne

Bel Aire Palms Melbourne
Homes for Sale in Melbourne, FL

Community in Melbourne · Brevard County
150 homesBuilt 1984–1990
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Photo via Space Coast MLS

Built fromLive Space Coast MLS dataFL DOR public recordsUpdated twice daily
Live · Bel Aire Palms Melbourne Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
0.9mo
Supply
3 to 6 months is the balanced band
0%
Under contract
Brevard: 28% (1,397 of 4,982)
1 · 0
For sale · pending
live counts, refreshed twice daily
Ownership and context
72%
Owner-occupied · Bel Aire Palms Melbourne
108 of 150 parcels homesteaded (FL DOR 2025)
28%
Non-owner-occupied · Bel Aire Palms Melbourne
incl. 3% trust or LLC-held · 3% out-of-state
150
Homes in the community
150 residential parcels (FL DOR 2025)
Track record · years of records
Est. 1984
Community established
homes built 1984-1990, median 1988 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Bel Aire Palms Melbourne is a late-1980s neighborhood built between 1984 and 1990, with a median home size around 2,142 square feet. The 72% homestead rate tells you this is a hold-and-live community, not a flip farm. With just one active listing against roughly 150 homes, inventory is skeletal - months supply sits at 0.9, firmly in seller-leaning territory.

What sets price here is condition and updates. These homes are approaching forty years old, so deferred maintenance shows up fast. Buyers should budget for roof life, HVAC replacement, and cosmetic refresh. In this supply environment, well-kept examples move quickly; anything needing work will sit unless priced to reflect the repair load. Sellers with updated interiors and mechanicals have leverage; those hoping to offload deferred problems do not.

Bel Aire Palms Melbourne Housing Pulse · Momentum Research · as of July 15, 2026

Bel Aire Palms Melbourne right now

🔴 Seller-leaning market. 0.9 months of supply and 0% 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 (1 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 understand older-home ownership and have capital reserves for roof, HVAC, and system replacements
  • Owner-occupants seeking a stable, quiet Melbourne neighborhood without HOA amenity fees
  • Investors with renovation experience willing to wait for distressed inventory and hold through a longer-term value play

Probably not for

  • Buyers who need turnkey condition and cannot absorb surprise repair costs within months of closing
  • Anyone expecting community amenities, a pool, or recreational infrastructure
  • First-time buyers stretching to maximum loan approval with no buffer for the inevitable age-related repairs

The market around Bel Aire Palms Melbourne

Bel Aire Palms 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 Bel Aire Palms Melbourne specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in Bel Aire Palms Melbourne

Live MLS inventory for Bel Aire Palms 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 Bel Aire Palms 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.

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
  • Melbourne · High

Zoned schools reflect the assignments reported on recent Bel Aire Palms 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 Bel Aire Palms Melbourne address.

If we were buying in Bel Aire Palms 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 Bel Aire Palms Melbourne.

Best Buy
Buyers comfortable with older-home ownership who can budget for systems replacement and prefer equity over amenities.
Biggest Risk
Age-related repairs and deferred maintenance are the norm; inspection findings will be extensive and expensive.
Sweet Spot
A buyer with renovation budget and patience to wait for the right listing in a market that moves one home at a time.
Avoid If
You need move-in ready, want community amenities, or lack reserves for near-term capital improvements.

The condition conversation

Homes here date to the median year 1988, which means original systems are decades past replacement intervals and even once-updated components are aging out. Roof, HVAC, water heater, and appliance life should be your due-diligence checklist. The neighborhood offers no identified community amenities - no pool, no clubhouse, no HOA recreation infrastructure - so the value proposition lives entirely in the home itself and Melbourne's broader location appeal.

The 0.9 months supply and single active listing create a thin market. Buyers face limited choice and reduced negotiating room on well-maintained listings; sellers face the reality that anything visibly tired will be benchmarked against that same scarcity and may still sit if priced without honest adjustment. The high homestead share means turnover is event-driven - retirement, relocation, estate - so new inventory appears in bursts, not on a predictable schedule.

Brevard County's Space Coast location offers proximity to employment centers and beaches, but this neighborhood itself is utilitarian: single-family homes on quiet streets with no frills. Your inspection budget and your tolerance for project work will determine whether a given listing makes sense. If you need move-in ready and find it here, expect to pay the scarcity premium. If you can manage a renovation runway, opportunities exist - but only when something actually lists.

The location and the amenities are priced into every listing in Bel Aire Palms 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 knows Brevard's inventory cycles and will tell you when a listing's deferred maintenance makes the ask unrealistic. In a sub-one-month supply market, you need an agent who can move fast when the right home appears and who will walk you away from a money pit no matter how desperate the search feels. We price seller listings honestly - acknowledging age and condition - so they actually close, and we keep buyer clients out of bidding wars over homes that will nickel-and-dime them for years. That candor matters in a mature neighborhood where condition is everything.

Bel Aire Palms Melbourne in 15 seconds.

Best forBuyers comfortable with older-home ownership who can budget for systems replacement and prefer equity over amenities.
Biggest advantageHigh homestead share and tight supply mean stable, owner-occupied blocks with little speculative churn.
Biggest riskAge-related repairs and deferred maintenance are the norm; inspection findings will be extensive and expensive.
Sweet spotA buyer with renovation budget and patience to wait for the right listing in a market that moves one home at a time.
Avoid ifYou need move-in ready, want community amenities, or lack reserves for near-term capital improvements.

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 Bel Aire Palms Melbourne sales matched to your home.

What is your Bel Aire Palms Melbourne home worth?

Get a no-obligation home value based on real comparable sales in Bel Aire Palms 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 Bel Aire Palms Melbourne on the map →

Real comps, not an automated estimate.

Bel Aire Palms Market Scorecard

Buyer-Leaning Market (limited data)

Bel Aire Palms is currently a buyer-leaning market (limited data). About 0.9 months of supply, a median asking price of $325,000.

0.9
Months supply
$325,000
Median list
$316,500
Median sold
$201
Per sqft
n/a
Days on mkt
1/0/14
Active/Pend/Sold

Typical home value in the 32935 ZIP is $270,668, about 15.1% below 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 Bel Aire Palms Melbourne a buyer's or seller's market right now?
As of July 15, 2026, Bel Aire Palms Melbourne leans toward sellers: 0.9 months of supply at the current sales pace (Space Coast MLS live counts).
How many homes are in Bel Aire Palms Melbourne?
The Florida DOR 2025 assessment roll shows 150 homes in Bel Aire Palms Melbourne (public records).
What share of Bel Aire Palms Melbourne is owner-occupied?
72% of Bel Aire Palms Melbourne parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Bel Aire Palms Melbourne built?
Homes in Bel Aire Palms Melbourne were built between 1984 and 1990, with a median year built of 1988 (FL DOR 2025 roll).
Who is the best real estate agent for Bel Aire Palms Melbourne?
The best agent for Bel Aire Palms 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 Bel Aire Palms Melbourne.
How do I find a top Melbourne real estate agent who knows Bel Aire Palms 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 Bel Aire Palms Melbourne and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Bel Aire Palms Melbourne?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Bel Aire Palms Melbourne purchase or sale - no call center and no pressure.
Buyers who understand older-home ownership and have capital reserves for roof, HVAC, and system replacementsExcellent fit
Owner-occupants seeking a stable, quiet Melbourne neighborhood without HOA amenity feesExcellent fit
Investors with renovation experience willing to wait for distressed inventory and hold through a longer-term value playExcellent fit
Buyers who need turnkey condition and cannot absorb surprise repair costs within months of closingProbably not
Anyone expecting community amenities, a pool, or recreational infrastructureProbably not
First-time buyers stretching to maximum loan approval with no buffer for the inevitable age-related repairsProbably not

Nearby Communities

Explore more neighborhoods near Bel Aire Palms Melbourne with Momentum Realty’s local guides.

FLFeather Lakes MelbourneMelbourne, FL · 0.3 miPGPalm Gardens Townhomes Palm BayMelbourne, FL · 0.6 miHWHidden Woods MelbourneMelbourne, FL · 0.6 miWWWhispering Winds MelbourneMelbourne, FL · 0.7 miLVLaguna Village MelbourneMelbourne, FL · 0.7 miFMFairmont MelbourneMelbourne, FL · 0.8 miDTDartmouth Trail MelbourneMelbourne, FL · 0.8 miSOSouth Oaks Merritt IslandMelbourne, FL · 0.8 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.

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