Bounty Bay S/D in Melbourne Beach

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

All 140 homes for sale in Melbourne Beach, FL · median $724,950 · 131 homes for sale in 32951 · Brevard County homes for sale

Community in Melbourne Beach · Brevard County · ZIP 32951
11 homesBuilt 1984–2016
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Photo via Space Coast MLS

Built fromLive Space Coast MLS data17 years of closingsFL DOR public recordsUpdated twice daily

As of October 2026, the MLS records 10 closed sales in Bounty Bay S/D in Melbourne Beach, FL since 2009, the most recent in May 2026. Across Melbourne Beach as a whole, 71 homes closed in the last 12 months at a median of $662,500, 59 median days on market, with 21 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $10,340 ($9,720 with the full homestead exemption).

Bounty Bay S/D key facts
LocationMelbourne Beach, Brevard County, FL · ZIP 32951
Homes in the community11 (FL DOR 2025 assessment roll)
Years built1984–2016 (median 1994)
Typical living area3,305 sq ft (median)
Amenities listed by sellersBeach Access
For sale right now0 active, 0 pending
Owner-occupied (homestead) share67%

Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2009 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Bounty Bay S/D key facts,” movewithmomentum.com/neighborhoods/bounty-bay-s-d, data as of September 20, 2026.

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
1
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
67%
Owner-occupied · Bounty Bay S/D
8 of 12 parcels homesteaded (FL DOR 2025)
33%
Non-owner-occupied · Bounty Bay S/D
incl. 8% trust or LLC-held · 8% out-of-state
11
Homes in the community
plus 1 vacant residential lots · 12 residential parcels (FL DOR 2025)
Track record · 17 years of records
Est. 1984
Community established
homes built 1984-2016, median 1994 (FL DOR 2025)
9.1%/yr
Turnover rate
about 1 of 11 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

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.

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.

5875 Riverside Drive
$599K · 0.1 mi away
4 bd · 3 ba · 3,306 sqft
5875 Riverside Drive
Listed by Premier Properties Real Estate
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
$725K · 0.1 mi away
4 bd · 3 ba · 2,216 sqft
5925 Riverside Drive
Listed by Denovo Realty
275 Ibis Drive
$650K · 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
$635K · 0.3 mi away
4 bd · 2.5 ba · 2,204 sqft
220 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.

Space Coast MLS sales records identify 6 homes in Bounty Bay S/D that have changed hands since 2020, built between 1982 and 2007 (median 1992), with a median living area of about 2,317 sq ft and a typical 4-bedroom, 3-bath layout; 100% are single-family homes. Source: Space Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

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.

In ZIP 32951, 171 homes are on the market and 22% are under contract — a steady corner of Melbourne Beach.

Across Brevard County, 4,132 homes are active and 1,477 pending (26% under contract).

In ZIP 32951 (Melbourne Beach), 102 homes closed in the last 12 months at a median of $645K ($335/sq ft), down 6.7% year over year, with a median 60 days on market. Right now 28 active and 6 pending listings put supply at about 6.7 months — a buyer's market. See the live ZIP 32951 housing market and the Brevard County market.

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

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 5 listings
Distress share trend — 0.0% now (2026-09-14 → 2026-09-19)

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 September 2026 through September 2026. Deemed reliable but not guaranteed.

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.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Bounty Bay S/D homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Bounty Bay S/D.
In short
  • HOA dues reported around $12/month · median of 17 MLS listings, most billed annually
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $12 per month — the median AssociationFee across 17 MLS records, normalised to a monthly figure; most are billed annually. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.

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 Bounty Bay S/D sales matched to your home.

What is your Bounty Bay S/D home worth?

Get a no-obligation home value based on real comparable sales in Bounty Bay S/D, 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 all homes for sale in Melbourne Beach →

Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Bounty Bay S/D?
The Florida DOR 2025 assessment roll shows 11 homes plus 1 vacant residential lots in Bounty Bay S/D (public records).
What share of Bounty Bay S/D is owner-occupied?
67% of Bounty Bay S/D parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Bounty Bay S/D built?
Homes in Bounty Bay S/D were built between 1984 and 2016, with a median year built of 1994 (FL DOR 2025 roll).
Who is the best real estate agent for Bounty Bay S/D?
The best agent for Bounty Bay S/D is one who actively works Melbourne Beach 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 Bounty Bay S/D.
How do I find a top Melbourne Beach real estate agent who knows Bounty Bay S/D?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Bounty Bay S/D and the wider Melbourne Beach area.
Can Momentum Realty connect me with an agent for Bounty Bay S/D?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Bounty Bay S/D purchase or sale - no call center and no pressure.
Where is Bounty Bay S/D, and what county is it in?
Bounty Bay S/D is in Melbourne Beach, Brevard County, FL, ZIP 32951. The community's center is about 8 miles south of the center of Melbourne Beach (straight-line).
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: October 1, 2026)
Housing stock & ownershipFlorida DOR assessment roll (street-list match (1 streets, ZIP 32951))
Under-contract sharesSpace Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2009 (10 transactions analyzed)

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 local comps.

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CallFree valuation →
Thinking of selling in Bounty Bay S/D? 1 recorded closings (window ending 2026-09-20). See the Brevard County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.

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 away · median $815K, 4 sales/12 moBBeaujeans0.4 mi away · 179 homes, built 1912–23, 1 for saleLCLighthouse Cove Condo0.4 mi away · 20 homes, built 1995–98

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