Greenboro Acres in Melbourne

Greenboro Acres
Homes for Sale in Melbourne, FL

All 713 homes for sale in Melbourne, FL · median $399,900 · 96 condos for sale in Melbourne · Brevard County homes for sale

Community in Melbourne · Brevard County
Free · No obligation
Talk to a Greenboro Acres Expert

True comps, carrying-cost math, and listings before the portals.

Photo via Space Coast MLS

Built fromLive Space Coast MLS dataUpdated twice daily

Greenboro Acres is a community in Melbourne, Brevard County, FL. Across Melbourne as a whole, 1,028 homes closed in the last 12 months at a median of $386,000, 45 median days on market, with 682 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,020 ($5,400 with the full homestead exemption).

Live · Greenboro Acres 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

Price here sits well below the broader Melbourne market, with a median around $132,501 and a median of roughly $114 per square foot. That combination points to a condition- and size-driven market rather than a luxury one - what you pay tracks closely to square footage and how much work a unit needs, so the spread between a dated interior and an updated one can be meaningful.

The posture right now is tight. Homes have been going under contract in about 22 days, and there are currently no active listings on the books. For a buyer that means you need to be ready to move the moment something lists; for a seller it means demand is there, but with only a few recent closings to reference, pricing leans on comps that can turn over quickly.

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 Greenboro Acres 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.

7820 Shadowood Drive #304
$125K · 0.0 mi away
2 bd · 2 ba · 1,162 sqft
7820 Shadowood Drive #304
Listed by Coldwell Banker Paradise
7817 Shadowood Drive #203
$170K · 0.0 mi away
2 bd · 2 ba · 1,162 sqft
7817 Shadowood Drive #203
Listed by Coldwell Banker Realty
7801 Maplewood Drive #909
$139K · 0.0 mi away
2 bd · 2.5 ba · 1,216 sqft
7801 Maplewood Drive #909
Listed by Real Broker LLC
7821 Maplewood Drive #402
$169K · 0.0 mi away
2 bd · 2 ba · 1,162 sqft
7821 Maplewood Drive #402
Listed by Coldwell Banker Paradise
7801 Maplewood  Drive #913
$80K · 0.1 mi away
2 bd · 2.5 ba · 1,216 sqft
7801 Maplewood Drive #913
Listed by Coldwell Banker Paradise
7937 Timberlake Drive
$935K · 0.3 mi away
4 bd · 3.5 ba · 3,698 sqft
7937 Timberlake Drive
Listed by Real Broker, LLC

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

The 60-Second Overview

Greenboro Acres is an amenity-heavy community in Melbourne where the value proposition is a below-market entry point paired with a deep list of on-site facilities. The math favors buyers who want the amenity package without the price tag it usually carries elsewhere in Brevard.

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

  • Value-focused buyers prioritizing recreation amenities over square footage
  • Buyers on a modest budget who want pool, courts, and fitness access included
  • Owners who need RV or boat storage on site and value bundled maintenance

Probably not for

  • Buyers who want minimal HOA fees and no shared-community rules
  • Anyone needing to buy on a fixed date, given no current inventory and fast turnover
  • Buyers seeking a turnkey high-end interior rather than a condition-driven value play

The market around Greenboro Acres

Greenboro Acres 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 Greenboro Acres specifically. Momentum Research analysis of MLS records.

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.

Recent Developments in Greenboro Acres

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

Dev Momentum75/100 · High
  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 site is about 2 miles north of Greenboro Acres.

    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 site is about 11 miles north of Greenboro Acres.

    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 4 miles east of Greenboro Acres.

    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 site is about 1 mile east of Greenboro Acres.

    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 site is about 1 mile southwest of Greenboro Acres.

    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 site is about 2 miles northeast of Greenboro Acres.

    Source: CFL Roads (FDOT)

Development alerts for Greenboro AcresGet a short monthly email when something new is approved, funded, or opens near Greenboro Acres.

A monthly email from Momentum Realty. Unsubscribe anytime. See our privacy and disclosures.

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.

If we were buying in Greenboro Acres 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 Greenboro Acres.

Best Buy
Buyers who want a full amenity package at a below-market entry price.
Biggest Risk
HOA dues and coverage drive true cost and must be verified.
Sweet Spot
A ready buyer who can move quickly when a unit lists.
Avoid If
You want low or no HOA obligations and full control over your grounds.

An amenity-first community at a low entry point

The amenity list is unusually long for this price point: a pool, clubhouse, fitness center, tennis, racquetball, and pickleball courts, a jogging path, plus RV and boat storage and on-site management. Cable, water, trash, and grounds maintenance are reported as covered as well. That breadth is the story here - you are buying access to a full recreation package, not just four walls.

The trade-off is the HOA structure that supports all of it. With services and maintenance bundled in, the monthly carrying cost matters as much as the purchase price, and it should be verified line by line before you write an offer. Confirm current amenities, access, and dues directly with the HOA, since what shows in MLS listings can lag actual community rules.

“

The location and the amenities are priced into every listing in Greenboro Acres. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

With no active listings and homes moving in about three weeks, timing and preparation win here. We track this community closely, help you separate a fair price from an overpriced fixer given the wide condition-driven spread, and walk through the HOA fee structure and coverage with you so the monthly number is not a surprise after closing.

Greenboro Acres in 15 seconds.

Best forBuyers who want a full amenity package at a below-market entry price.
Biggest advantageA long amenity list and bundled services relative to the price point.
Biggest riskHOA dues and coverage drive true cost and must be verified.
Sweet spotA ready buyer who can move quickly when a unit lists.
Avoid ifYou want low or no HOA obligations and full control over your grounds.
The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Greenboro Acres sales matched to your home.

What is your Greenboro Acres home worth?

Get a no-obligation home value based on real comparable sales in Greenboro Acres, 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 →

Real comps, not an automated estimate.
Value-focused buyers prioritizing recreation amenities over square footageExcellent fit
Buyers on a modest budget who want pool, courts, and fitness access includedExcellent fit
Owners who need RV or boat storage on site and value bundled maintenanceExcellent fit
Buyers who want minimal HOA fees and no shared-community rulesProbably not
Anyone needing to buy on a fixed date, given no current inventory and fast turnoverProbably not
Buyers seeking a turnkey high-end interior rather than a condition-driven value playProbably 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.

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. A Momentum agent can price yours against live local comps.

Looking to buy here? Search homes for sale →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

By submitting, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call, email, and text you about your inquiry, which may involve automated means and prerecorded or artificial voices. You do not need to consent as a condition of buying any property, goods, or services. To opt out, reply STOP at any time or reply HELP for assistance. You can also click the unsubscribe link in emails. Message and data rates may apply. Message frequency may vary. See our Privacy Policy and SMS Terms.or call (904) 351-6461
CallFree valuation →

Greenboro Acres Market Scorecard

Buyer-Leaning Market (limited data)

Greenboro Acres is currently a buyer-leaning market (limited data). Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
$127,950
Median sold
$119
Per sqft
n/a
Days on mkt
0/0/2
Active/Pend/Sold

Typical home value in the 32904 ZIP is $377,693, about 12.4% 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 2026-11-13. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

More on Greenboro Acres

Email me new listings in Greenboro Acres

One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about Greenboro Acres

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Greenboro Acres will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

Housing distress & ownership in Greenboro Acres, Melbourne

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 6 listings
Distress share trend - 0.0% now (2026-08-10 → 2026-11-09)

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.

Nearby Communities

Explore more neighborhoods near Greenboro Acres with Momentum Realty’s local guides.

GRGarretts Run Condo0.0 mi away · median $158K, 4 sales/12 moHCHunters Creek0.1 mi away · 146 homes, built 1986–02HCHunters Creek (Brevard)0.1 mi away · median $395K, 3 sales/12 moSESheridan Estates0.4 mi away · 83 homes, built 1944–96, 1 for saleSESylvan Estates0.5 mi away · 6 homes, built 2024–24, 1 for saleThe Falls At Sheridan0.6 mi away · 109 homes, built 1996–01, 1 for saleSheridan Glenn0.6 mi away · 13 homes, built 1978–97

Browse all neighborhood guides →

Talk to a Local Greenboro Acres Expert
Call Get Listings