Bounty Bay S/D in Melbourne Beach

Bounty Bay S/D
Homes for Sale in Melbourne Beach, FL

All 141 homes for sale in Melbourne Beach, FL · median $724,900 · Brevard County homes for sale

Community in Melbourne Beach · Brevard County
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Photo via Space Coast MLS

Built fromLive Space Coast MLS dataUpdated twice daily

Bounty Bay S/D is a community in Melbourne Beach, Brevard County, FL. Across Melbourne Beach as a whole, 31 homes closed in the last 12 months at a median of $725,000, 42 median days on market, with 135 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $11,310 ($10,690 with the full homestead exemption).

Live · Bounty Bay S/D Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0 · 0
For sale · pending
live counts, refreshed twice daily
Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 18, 2026

Bounty Bay is a small subdivision in Melbourne Beach, and the current MLS snapshot shows no active community amenities to underwrite value. In a place like this, price is set by the individual home — its condition, lot, and proximity to the water — far more than by any shared feature list. Treat every listing on its own merits.

With almost nothing turning over recently, the read here is thin by design. That cuts both ways: a seller has little comparable inventory competing for attention, while a buyer has few recent data points to anchor a negotiation. Patience and a hard look at the specific property matter more than trend-chasing.

Figures in this note are as of July 18, 2026. The live market numbers elsewhere on this page update nightly and are newer.

Nearby homes for sale

No active listings inside Bounty Bay S/D right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

285 Ibis Drive
$695K · 0.1 mi away
4 bd · 3 ba · 2,180 sqft
285 Ibis Drive
Listed by Salt Water Realty of Brevard
5925 Riverside Drive
$700K · 0.1 mi away
4 bd · 3 ba · 2,216 sqft
5925 Riverside Drive
Listed by Denovo Realty
275 Ibis Drive
$644K · 0.1 mi away
3 bd · 2 ba · 1,857 sqft
275 Ibis Drive
Listed by Compass Florida LLC
165 Heron Drive
$630K · 0.2 mi away
4 bd · 2 ba · 2,174 sqft
165 Heron Drive
Listed by Island Pineapple Realty, LLC
220 Cardinal Drive
$600K · 0.3 mi away
4 bd · 2.5 ba · 2,204 sqft
220 Cardinal Drive
Listed by Realty World Curri Properties
275 Cardinal Drive
$565K · 0.3 mi away
3 bd · 2.5 ba · 2,263 sqft
275 Cardinal Drive
Listed by Realty World Curri Properties

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Bounty Bay is a compact Melbourne Beach subdivision in Brevard County with no shared amenities identified in current listings, so what you're buying is the house and the location — not a package of community features.

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.

Best for

  • Buyers set on a Melbourne Beach barrier-island location willing to underwrite a specific home
  • Long-hold owners who value quiet over turnover and amenity packages
  • Buyers with the budget to weigh condition and lot rather than chase a starting price

Probably not for

  • Buyers who want pools, clubhouses, or other shared community amenities
  • Anyone who needs deep recent comps to justify an offer
  • Buyers looking for a fast, high-liquidity market with frequent turnover

The market around Bounty Bay S/D

Bounty Bay S/D is too small for its own price trend, so here is the market around it.

Across Brevard County, 4,089 homes are active and 1,281 pending (24% under contract).

ZIP and county figures describe the wider market, not Bounty Bay S/D specifically. Momentum Research analysis of MLS records.

If we were buying in Bounty Bay S/D 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

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

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 Bounty Bay S/D.

Best Buy
Buyers who want a barrier-island address and will judge each home on its own condition.
Biggest Risk
Sparse recent activity gives you few comps to anchor value.
Sweet Spot
A well-conditioned home on a strong lot, priced to its own merits.
Avoid If
You need community amenities or an active, liquid market.

A house-by-house market

Because there are no community amenities pulling values in one direction, expect a wide spread driven almost entirely by condition and lot. Two homes on the same street can price very differently based on updates, layout, and how close they sit to the water. There's no shortcut valuation here — you underwrite each property individually.

Melbourne Beach places you on the barrier island, which is the durable draw. What Bounty Bay itself offers is proximity, not shared facilities, so budget for the home you want rather than counting on amenities to carry the deal.

“

The location and the amenities are priced into every listing in Bounty Bay S/D. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Thin turnover and no amenity data mean the usual comps-and-features playbook doesn't apply cleanly. We do the work of pricing a specific house against a quiet market — reading condition, lot, and location instead of leaning on numbers that aren't here. That's the difference between a defensible offer and a guess.

Bounty Bay S/D in 15 seconds.

Best forBuyers who want a barrier-island address and will judge each home on its own condition.
Biggest advantageA small, quiet subdivision where sellers face little competing inventory.
Biggest riskSparse recent activity gives you few comps to anchor value.
Sweet spotA well-conditioned home on a strong lot, priced to its own merits.
Avoid ifYou need community amenities or an active, liquid market.
The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Bounty Bay S/D sales matched to your home.

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Real comps, not an automated estimate.
Buyers set on a Melbourne Beach barrier-island location willing to underwrite a specific homeExcellent fit
Long-hold owners who value quiet over turnover and amenity packagesExcellent fit
Buyers with the budget to weigh condition and lot rather than chase a starting priceExcellent fit
Buyers who want pools, clubhouses, or other shared community amenitiesProbably not
Anyone who needs deep recent comps to justify an offerProbably not
Buyers looking for a fast, high-liquidity market with frequent turnoverProbably not

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: November 12, 2026)
Under-contract sharesSpace Coast MLS records, as of 2026-11-08

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.

Recent Developments in Bounty Bay S D

Development, infrastructure, retail, and school activity affecting Bounty Bay S D, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.

  1. October 2026
    Retail & 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 7 miles northwest of Bounty Bay S D, elsewhere in Brevard County.

    Source: Space Coast Daily
  2. October 2026
    Market

    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 northwest of Bounty Bay S D, elsewhere in Brevard County.

    Source: Space Coast Daily
  3. October 2026
    Infrastructure

    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 2 miles northwest of Bounty Bay S D.

    Source: WFTV
  4. June 2026
    Development

    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 6 miles northwest of Bounty Bay S D, elsewhere in Brevard County.

    Source: FOX 35 Orlando
  5. June 2026
    Development

    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 7 miles west of Bounty Bay S D, elsewhere in Brevard County.

    Source: WFTV
  6. May 2026
    Infrastructure

    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 6 miles northwest of Bounty Bay S D, elsewhere in Brevard County.

    Source: CFL Roads (FDOT)

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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.

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Housing distress & ownership in Bounty Bay S/D, Melbourne Beach

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 7 listings
Distress share trend — 0.0% now (2026-09-14 → 2026-11-08)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on information from the Space Coast MLS for the period November 2026 through November 2026. Deemed reliable but not guaranteed.

Streets in this community

Street-level pages: every home on record, what sold and what is for sale on each street.

Nearby Communities

Explore more neighborhoods near Bounty Bay S/D with Momentum Realty’s local guides.

THThe Homestead Condo0.1 mi awayMelbourne Shores0.2 mi away · 62 homes, built 1957–24, 4 for saleGDGolden Dunes Beach Homes0.2 mi awaySSSouth Shores Oceanside Condo0.3 mi awayBBeaujeans0.4 mi away · 179 homes, built 1912–23, 1 for saleLCLighthouse Cove Condo0.4 mi away

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