Graves in Melbourne Beach

Graves
Homes for Sale in Melbourne Beach, FL

All 140 homes for sale in Melbourne Beach, FL · median $724,950 · 130 homes for sale in 32951 · Brevard County homes for sale

Community in Melbourne Beach · Brevard County · ZIP 32951
236 homesBuilt 1910–2024Median sale $1.32M
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Photo via Space Coast MLS

Built fromLive Space Coast MLS data20 years of closingsFL DOR public recordsUpdated twice daily

Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $1,315,000, $417 per square foot, a median 3 days on market, sellers accepting 101% of original asking. Homes listed or recently sold were built 1963–2019; none of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 15 ft). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $20,520 ($19,900 with the full homestead exemption).

Graves Plat Of Melbourne Beach key facts
LocationMelbourne Beach, Brevard County, FL · ZIP 32951
Homes in the community236 (FL DOR 2025 assessment roll)
Years built1910–2024 (median 1971.0)
Typical living area2,775 sq ft (median)
Amenities listed by sellersClosed Circuit Camera(s), Maintenance Grounds, Maintenance Structure, Management - Off Site
Sale prices, last 12 months$1,315,000 median across 3 closed sales · $417 per sq ft
Days on market (closed sales)3 median
For sale right now0 active, 0 pending
Owner-occupied (homestead) share69%

Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2006 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Graves Plat Of Melbourne Beach key facts,” movewithmomentum.com/neighborhoods/graves-plat-of-melbourne-beach, data as of September 20, 2026.

Live · Graves Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$1.32M
Median sold · 12 mo
$417/sf
Sold $/sqft · 12 mo
peak $417 in 2026
101.2%
Sale vs ask
Tempo
3days
Median DOM · closed
3 days at the 2026 low
0 · 0
For sale · pending
live counts, refreshed twice daily
3
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
69%
Owner-occupied · Graves
167 of 241 parcels homesteaded (FL DOR 2025)
31%
Non-owner-occupied · Graves
incl. 16% trust or LLC-held · 7% out-of-state
236
Homes in the community
plus 5 vacant residential lots · 241 residential parcels (FL DOR 2025)
Track record · 20 years of records
16
Recorded sales · 2024-2025
median $1.10M · qualified sales on the county roll (FL DOR 2025)
Est. 1910
Community established
homes built 1910-2024, median 1971 (FL DOR 2025)
2,450sqft
Median sold home size
12-mo windows, closed sales
1.3%/yr
Turnover rate
about 3 of 236 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Graves Plat Of Melbourne Beach is a small platted pocket in a barrier-island town, and the data here is thin by design: the current MLS snapshot shows no identified community amenities and a narrow closings window. That means price in this plat is driven almost entirely by the individual property — lot, condition, proximity to the water, and how recently the home has been updated — rather than by any shared community feature or HOA package.

For a buyer, treat each listing on its own merits and expect a wide spread from house to house; there is no amenity premium to lean on, so condition and location within the plat carry the value. For a seller, the same logic applies in reverse: pricing has to be built from the specifics of your home and honest comps, not from a community story that the plat does not provide.

Nearby homes for sale

No active listings inside GravesHomes for Sale in Melbourne Beach, FL 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.

702 Oak Street
$895K · 0.1 mi away
4 bd · 2 ba · 2,212 sqft
702 Oak Street
Listed by Golden Group Realty LLC
419 Ocean Avenue #405
$190K · 0.2 mi away
1 ba · 482 sqft
419 Ocean Avenue #405
Listed by Peninsula Property Group
325 Hibiscus Trail
$995K · 0.2 mi away
3 bd · 3 ba · 2,673 sqft
325 Hibiscus Trail
Listed by Premier Properties Real Estate
531 Sunset Boulevard
$2.60M · 0.3 mi away
4 bd · 3.5 ba · 6,000 sqft
531 Sunset Boulevard
Listed by Arium Real Estate, LLC
422 3rd Avenue
$865K · 0.3 mi away
4 bd · 2 ba · 2,116 sqft
422 3rd Avenue
Listed by One Sotheby's International
532 Sunset Boulevard
$2.10M · 0.3 mi away
6 bd · 3.5 ba · 2,586 sqft
532 Sunset Boulevard
Listed by Arium Real Estate, LLC

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

The 60-Second Overview

Graves market snapshot (as of September 20, 2026): the median sale price is about $1.32M ($417 per sq ft over the trailing 12 months of closed sales), and a median 3 days on market for closed sales.

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.

County records show 16 qualified sales in Graves across 2024–2025 (12 in 2024, 4 in 2025), median $1.10M — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Graves is a community of 236 homes in Melbourne Beach, Brevard County, built between 1910 and 2024 (median 1971.0), with a median living area of about 2,775 square feet. 69% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

This is a compact, plat-defined address in Melbourne Beach, Brevard County, with no shared amenities on record — the appeal is the barrier-island location itself, not a built community package.

Best for

  • Buyers prioritizing a Melbourne Beach barrier-island location over community facilities
  • Buyers comfortable underwriting a home on its individual condition and lot rather than an HOA standard
  • Buyers willing to lean on broader-market comps where in-plat sales are scarce

Probably not for

  • Buyers who want clubhouse, pool, or gated amenities included in the community
  • Buyers who need a thick record of recent in-plat sales before committing
  • Buyers seeking a predictable, standardized product across many similar homes

Windows contain 0 to 3 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Space Coast MLS for the period 2006 through 2026. Deemed reliable but not guaranteed.

Every sale since 2006 · price vs size
$0$500K$1M$1.5M1k2k3k4k
31 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
012320122014201620182020202220242026
0 to 3 a year; 3 in the current window.
How much local inventory is already under contract

22% of homes for sale in ZIP 32951 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 (2026-09-20).

Graves Market Scorecard

Balanced

Graves is currently a balanced market..

$1,315,000
Median sold
0/0/3
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Space Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in Graves Plat Of Melbourne Beach, 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 3 listings
Distress share trend — 0.0% now (2026-08-12 → 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.

Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

If we were buying in Graves 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 Graves.

Best Buy
Buyers who want a barrier-island address in Melbourne Beach and will judge each home on its own condition.
Biggest Risk
Thin data — few recent closings and no amenity comps make pricing harder to triangulate.
Sweet Spot
A well-documented home where condition and location can be verified against wider Melbourne Beach comps.
Avoid If
You want shared amenities or a deep bench of recent in-plat sales to price against.

A small plat, priced house by house

Because the current listings identify no community amenities, there is nothing here that standardizes value across the plat. In larger master-planned communities you can anchor to a clubhouse, a gate, or an HOA-maintained standard. Here you cannot, which puts the weight on the tangible: the age and condition of the structure, the lot, and the walk to the beach or the river side of the island.

The closings window in this snapshot is narrow, so recent sales data is limited. That is normal for a small plat, but it means both sides should widen their comp search to comparable Melbourne Beach product and read those comps carefully rather than relying on a handful of in-plat transactions.

“

The location and the amenities are priced into every listing in Graves. 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 data is exactly where an experienced local read earns its keep. In a small plat with no amenity anchor and few recent closings, we build value from condition, lot, and location, pull comps from the wider Melbourne Beach market when the plat alone won't tell the story, and tell you plainly when a listing is priced on hope rather than evidence.

Graves in 15 seconds.

Best forBuyers who want a barrier-island address in Melbourne Beach and will judge each home on its own condition.
Biggest advantageA small, specific location on the island rather than a large amenity-driven community.
Biggest riskThin data — few recent closings and no amenity comps make pricing harder to triangulate.
Sweet spotA well-documented home where condition and location can be verified against wider Melbourne Beach comps.
Avoid ifYou want shared amenities or a deep bench of recent in-plat sales to price against.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Graves 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 Graves.
In short
  • HOA dues reported around $350/month (about $4,200/yr) · median of 17 MLS listings, most billed monthly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $350 per month ($4,200 a year) — the median AssociationFee across 17 MLS records, normalised to a monthly figure; most are billed monthly. 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 Graves sales matched to your home.

What is your Graves home worth?

Get a no-obligation home value based on real comparable sales in Graves, 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

What is the median home price in Graves?
The median sale price in Graves was $1.32M over the 12 months ending September 20, 2026 (3 closed sales, Space Coast MLS).
How long do homes in Graves take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 3 days on market (3 sales, Space Coast MLS).
How many homes are in Graves?
The Florida DOR 2025 assessment roll shows 236 homes plus 5 vacant residential lots in Graves (public records).
What share of Graves is owner-occupied?
69% of Graves parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Graves built?
Homes in Graves were built between 1910 and 2024, with a median year built of 1971.0 (FL DOR 2025 roll).
Who is the best real estate agent for Graves?
The best agent for Graves 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 Graves.
How do I find a top Melbourne Beach real estate agent who knows Graves?
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 Graves and the wider Melbourne Beach area.
Can Momentum Realty connect me with an agent for Graves?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Graves purchase or sale - no call center and no pressure.
Where is Graves, and what county is it in?
Graves is in Melbourne Beach, Brevard County, FL, ZIP 32951. The community's center is about 2 miles west of the center of Melbourne Beach (straight-line).
Buyers prioritizing a Melbourne Beach barrier-island location over community facilitiesExcellent fit
Buyers comfortable underwriting a home on its individual condition and lot rather than an HOA standardExcellent fit
Buyers willing to lean on broader-market comps where in-plat sales are scarceExcellent fit
Buyers who want clubhouse, pool, or gated amenities included in the communityProbably not
Buyers who need a thick record of recent in-plat sales before committingProbably not
Buyers seeking a predictable, standardized product across many similar homesProbably not

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: October 1, 2026)
Community market statsSpace Coast MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (5 streets, ZIP 32951))
Under-contract sharesSpace Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2006 (31 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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Thinking of selling in Graves Plat Of Melbourne Beach? 3 recorded closings; median 3 days on market (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.
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