Greystone
Homes for Sale in Melbourne, FL
All 712 homes for sale in Melbourne, FL · median $399,250 · 50 homes for sale in 32934 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of November 2026, the MLS records 1 closed sale in greystone phase ii in Melbourne, FL, the most recent in October 2026. 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 685 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).
Greystone Phase III is a small, defined pocket of Melbourne in Brevard County, and right now the public data is thin: no closings in the current window and no community amenities identified from active MLS listings. That means there is no fresh comp trail to anchor price, so value here is going to be set the old-fashioned way - by the individual home, its condition, and how a seller reads the broader Melbourne market rather than by recent sales inside the phase itself.
For a buyer, that data gap is leverage if you do the homework; without a run of recent closings to point to, asking prices are more opinion than proof, and disciplined offers backed by comparable sales just outside the community carry weight. For a seller, the same silence cuts the other way: you cannot lean on a hot local track record, so pricing has to be built from first principles and the home has to show well to command its number.
Figures in this note are as of July 15, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside greystone phase ii 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.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Greystone Phase III is a discrete residential enclave in Melbourne with no MLS-identified shared amenities, so the appeal is the homes and the location rather than community facilities.
Space Coast MLS sales records identify 157 homes in greystone that have changed hands since 2004, built between 1989 and 2002 (median 1993), with a median living area of about 2,081 sq ft and a typical 4-bedroom, 2-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.
County records show 4 qualified sales in greystone across 2024 - 2025 (3 in 2024, 1 in 2025), median $510,000 - the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
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.
Who Greystone is best for.
Best for
- Buyers focused on the house itself who will price off comparable Brevard County sales rather than in-community comps
- Value-minded buyers ready to make disciplined, evidence-backed offers where asking prices are unproven
- Sellers willing to build a price from fundamentals and present a home in strong condition
Probably not for
- Buyers who want shared amenities like a pool, clubhouse, or gated infrastructure
- Buyers who need a deep, recent local sales history to feel confident on price
- Sellers hoping to lean on a hot, well-documented in-community track record to justify their number
The market around Greystone
Greystone is too small for its own price trend, so here is the market around it.
In ZIP 32934, 70 homes are on the market and 27% are under contract — a steady corner of Melbourne.
Across Brevard County, 4,089 homes are active and 1,281 pending (24% under contract).
In ZIP 32934 (Melbourne), 110 homes closed in the last 12 months at a median of $385K ($211/sq ft), up 0.3% year over year, with a median 35 days on market. Right now 7 active and 3 pending listings. See the live ZIP 32934 housing market and the Brevard County market.
ZIP and county figures describe the wider market, not Greystone specifically. Momentum Research analysis of MLS records.
Recent Developments in Greystone Phase Iii
Development, infrastructure, retail, and school activity affecting Greystone Phase Iii, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Retail & 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 3 miles northwest of Greystone Phase Iii, elsewhere in Brevard County.
Source: Space Coast Daily - October 2026Market
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 12 miles north of Greystone Phase Iii, elsewhere in Brevard County.
Source: Space Coast Daily - October 2026Infrastructure
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 east of Greystone Phase Iii.
Source: WFTV - June 2026Development
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 2 miles northwest of Greystone Phase Iii.
Source: FOX 35 Orlando - June 2026Development
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 3 miles west of Greystone Phase Iii.
Source: WFTV - May 2026Infrastructure
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 northwest of Greystone Phase Iii.
Source: CFL Roads (FDOT)
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.
The Greystone buying strategy.
If we were buying in Greystone today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Greystone.
A thin-data micro-market
The defining feature of Greystone Phase III today is what the data does not show. With no recorded closings in the current window, there is no in-community sales rhythm to read - no clear signal on days on market, on how far list prices are holding, or on whether homes here are moving faster or slower than the wider Melbourne area. Anyone working this community seriously will need to widen the lens to comparable Brevard County product to build a defensible price.
Because no community amenities surface in the current listings, this is a place you buy for the individual house and its setting, not for a shared clubhouse, pool, or gated infrastructure. That keeps the analysis simple and honest: condition, lot, layout, and location do the work here, and price should track those fundamentals rather than any amenity premium.
The location and the amenities are priced into every listing in Greystone. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
When a community has no recent closings and no amenity story, the value comes from analysis, not from a listing sheet. We build pricing from comparable Brevard County sales, pressure-test the assumptions behind an asking price, and tell you plainly when a number is optimism rather than evidence - on either side of the deal.
Greystone in 15 seconds.
Tools for a Greystone buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Greystone sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Greystone, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Greystone home worth?
Get a no-obligation home value based on real comparable sales in Greystone, 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 →
| Location | Melbourne, Brevard County, FL · ZIP 32934 |
|---|---|
| Homes in the community | 116 (FL DOR 2025 assessment roll) |
| Years built | 1990–2000 (median 1993.0) |
| Typical living area | 2,835 sq ft (median) |
| Owner-occupied (homestead) share | 84% |
Data as of November 8, 2026. Based on information from the Space Coast MLS for the period 2026 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Greystone key facts,” movewithmomentum.com/neighborhoods/greystone-phase-iii-melbourne, data as of November 8, 2026.
Housing distress & ownership in greystone phase ii, Melbourne
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
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.
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Frequently Asked Questions
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When were the homes in Greystone built?
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Where is Greystone, and what county is it in?
Should you buy in Greystone?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR assessment roll (street-list match (8 streets, ZIP 32934)) |
| Under-contract shares | Space Coast MLS records, as of 2026-11-08 |
| Historical depth | Closed-sale records back to 2026 (1 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.
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