Hollywood Estates in Melbourne

Hollywood Estates
Melbourne

Established neighborhood · Melbourne / West Melbourne · ZIP 32904

A small, established single-family neighborhood in the Melbourne and West Melbourne area where condition and the documents set the number.

Established neighborhoodMostly single-storyNear US 192
Live Market Pulse
64/100
Momentum
Balanced Market
Public data on a small, established neighborhood is thin, and some listings describe a 55-plus section, so confirm the age-restriction status, any HOA, and the deed restrictions on a specific home before you rely on them.
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Unlock Off-Market Hollywood Estates

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Space Coast MLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulseSpace Coast MLS
$131K
Median Price
3.1mo
Supply
n/a
Avg DOM
Balanced
Seller Leverage
$107/sf
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Hollywood Estates is a small, established neighborhood in the Melbourne and West Melbourne area, so the read is a resale read driven by condition, the homesite, and the documents rather than a base price. The most important diligence item is the age-restriction status: some listings describe a 55-plus section, but that is unconfirmed, so confirm whether a specific home is age-restricted and what the deed restrictions say before you offer. Treat all reported detail as something to verify in writing."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Hollywood Estates market snapshot (as of June 17, 2026): the median sale price is about $131K ($107 per sq ft), a balanced market. Based on 27 recent closings in live Space Coast MLS data.

Hollywood Estates is a small, established single-family neighborhood in the Melbourne and West Melbourne area, in the 32904 part of Brevard County. It is recorded in places as Hollywood Estates of Canova Park, and it is reported as a settled neighborhood, with an area population reported around 533, of mostly single-story homes and low walkability.

Some listings describe a 55-plus or age-restricted section within or near the neighborhood. Treat that as unconfirmed: confirm the age-restriction status and any deed restrictions for a specific home before you rely on them, because the answer changes who can buy and how the home trades. Do not assume the restriction applies, or does not apply, to a given parcel without checking the documents.

Because this is an older, established neighborhood with thin public data, condition, the homesite, and the recorded restrictions matter more than any headline number. Confirm whether a homeowners association applies and what it covers, since small established neighborhoods often have little or no HOA, and verify any restriction in writing.

The location is a practical one near US 192, with West Melbourne shopping at Hammock Landing, downtown Melbourne, and the airport a short drive, and the Atlantic beaches a drive east. For buyers who want a settled, low-key Melbourne-area street, the work is confirming the age-restriction status, reading condition, and pricing against true area comps.

Best for

  • Buyers who want a settled, low-key Melbourne-area street
  • Buyers who prefer mostly single-story homes
  • Buyers who will confirm the restrictions and read condition
  • Buyers who want a practical location near US 192

Probably not for

  • Buyers who want new construction with a builder warranty
  • Buyers who need an amenity campus or a private club
  • Buyers who want a highly walkable neighborhood
  • Buyers unwilling to confirm a possible age restriction

How Hollywood Estates is performing right now

64/100
momentum
Balanced Market
Seller's marketBalancedBuyer's market
3.1Months of supplytight
72Median days on marketdays
3 : 7Under contract vs for salestrong demand
27Sold in last 12 monthsliquidity
+29%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from the Space Coast MLS, as of June 17, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Hollywood Estates listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Hollywood Estates buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Hollywood Estates

Live MLS inventory for Hollywood Estates. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Hollywood Estates listings as of 2026-06-17, priced high to low. Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS.. Tap any home to ask about it.

Listing locations from Space Coast MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The takeaway

A practical Melbourne and West Melbourne location: US 192, shopping, downtown Melbourne, and the airport are a short drive, with the beaches further east.

US 192~5 min · Melbourne / West Melbourne
I-95 interchange~10 min · US 192
Hammock Landing~10 min · West Melbourne shopping
Downtown Melbourne~12 min · US 1
Melbourne Orlando Intl Airport~12 min · MLB
Melbourne beaches~25 to 30 min · east
Orlando~70 min · via I-95 / SR 528

Drive times are approximate and vary with traffic and your exact departure point. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Hollywood EstatesMelbourne with Momentum Realty’s local guides.

Hidden HeightsHidden HeightsMelbourne, FL · 0.3 miOxford RidgeMelbourneOxford RidgeMelbourneMelbourne, FL · 0.3 miGlen RidgeGlen RidgeMelbourne, FL · 0.3 miLaila ParkEstatesLaila ParkEstatesWest Melbourne, FL · 0.4 miMelbourneEstatesMelbourneEstatesWest Melbourne, FL · 0.4 miMelbourneVillageMelbourneVillageMelbourne, FL · 0.5 miMelbourneGardensMelbourneGardensWest Melbourne, FL · 0.5 miSheridan WoodsSheridan WoodsWest Melbourne, FL · 0.5 miHighland EstatesHighland EstatesMelbourne, FL · 0.5 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Hollywood Estates (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Hollywood Estates is served by Brevard County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any Hollywood Estates address.

The takeaway

What is actually shaping value around Hollywood Estates: the Space Coast demand base, the community's own structure and costs, and area growth. Each item is an honest read; dated, sourced items appear in the timeline.

Recent Developments in Hollywood Estates

Our read on what is being built around Hollywood Estates, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThe Space Coast demand picture points up over time; the near-term watch item for Hollywood Estates is the all-in carrying cost and how local supply turns. Confirm the specifics on any home before you rely on them.

Established, no construction phase

Ongoing
BullishNotable impact
SignificanceRadius: Community

A built-out neighborhood has mature streets and delivered surroundings, with none of the construction-phase guesswork of a new master plan.

Aging systems on older housing stock

Ongoing
NeutralNotable impact
SignificanceRadius: Community

Older stock means roof, HVAC, and water-heater age are standard diligence items, and the roof year drives the insurance quote.

Space Coast demand and limited supply

Ongoing
BullishNotable impact
SignificanceRadius: Regional

Steady Space Coast demand against limited established supply supports resale in well-located Brevard neighborhoods.

Insurance and roof-age pressure

Ongoing
NeutralNotable impact
SignificanceRadius: Regional

Florida insurance costs and roof-age underwriting are real line items on coastal-county homes; price them before you offer.

Brevard aerospace and job base

Ongoing
BullishMajor impact
SignificanceRadius: Regional

Kennedy Space Center, the Cape, and the wider aerospace base underpin housing demand across Brevard.

Mature canopy and location

Ongoing
BullishNotable impact
SignificanceRadius: Community

Established canopy and a settled location are advantages newer master plans cannot replicate for years.

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

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

Showing the latest, scroll for all updates ↓

  1. June 2025
    Community

    Hollywood Estates listed as an established Melbourne-area neighborhood

    Area listings describe Hollywood Estates, recorded in places as Hollywood Estates of Canova Park, as a small, established single-family neighborhood of mostly single-story homes in the Melbourne and West Melbourne area. Why it matters: On a small established street, condition and the recorded restrictions, including any 55-plus status, matter more than a headline; confirm them. Source

Development alerts for Hollywood EstatesGet a short monthly email when something new is approved, funded, or opens near Hollywood Estates.

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 Hollywood Estates, this is the order of operations we would run, and the one we run for our clients.

1

Confirm the age-restriction status. Some listings describe a 55-plus section; confirm whether a specific home is age-restricted and what the deed restrictions say in writing.

2

Confirm whether an HOA applies. Get whether the neighborhood has an HOA, the current dues if any, and what they cover.

3

Read the condition. On older single-story stock, the roof, systems, and finish drive the number.

4

Match to real area comps. Condition and lot, not square footage alone, set the value in a small neighborhood.

5

Cross-shop nearby established options, including Bayridge in Palm Bay, before you commit.

Best Buy
An updated single-story home with the restrictions confirmed
Biggest Risk
Assuming the age-restriction status instead of confirming it
Best Lot
Condition and the lot over square footage alone
Smart Timing
A small established market, time it to condition and comps
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Hollywood Estates is a small, established single-family neighborhood in the Melbourne and West Melbourne (Canova Park) area, reported as mostly single-story homes with low walkability and an area population reported around 533. Some listings describe a 55-plus section; that age-restriction status is unconfirmed and should be verified for a specific home. No golf or private club is reported. Treat home counts, restrictions, and any HOA detail as reported rather than confirmed, and verify them for a specific home and homesite.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

The Entry Resale
$60K to $106K

An original or lightly updated single-story home on a standard lot, the renovation-aware way in. Confirm any age restriction first.

Lowest entry
The Updated Core
$106K to $170K

A well-maintained or updated home on a solid lot, the heart of the resale market here.

Most inventory
The Best-Situated Home
$170K to $220K

An updated home on the neighborhood's strongest lot, the version that tends to hold value best.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

$60K to $106K
The Entry Resale
An original or lightly updated single-story home on a standard lot, the renovation-aware way in. Confirm any age restriction first.
$106K to $170K
The Updated Core
A well-maintained or updated home on a solid lot, the heart of the resale market here.
$170K to $220K
The Best-Situated Home
An updated home on the neighborhood's strongest lot, the version that tends to hold value best.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Better lots and views resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

Practical Melbourne-area location near US 192 and the airportStrong
Mostly single-story, predictable maintenance stockPositive
Settled, established neighborhoodPositive
Age-restriction status reported but unconfirmedConfirm it
HOA status and walkability not consistently reportedConfirm it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Hollywood Estates

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Underbudgeting the carrying costs
  • Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

Before the kitchen, read the documents. The deal turns on the age-restriction status, the condition, and the homesite.

Jon Brooks · Founder, Momentum Realty
7.2B- · Buy Score
Resale Strength7.2/10
Renovation Risk5.6/10
Location Efficiency7.4/10
Long-Term Defensibility6.8/10
Carrying Cost Advantage8.0/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on Hollywood Estates is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Space Coast MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Space Coast MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Space Coast MLS; for orientation, not an appraisal.

15-Second Take
  • Condition and the lot drive value on an established street
  • Mostly single-story stock keeps maintenance predictable
  • Confirm any age restriction before you read the lot
  • Read the roof, systems, and finish honestly
  • Match the homesite to true area comps

In a small, established neighborhood the homesite and the condition are what the market rewards, since there is no builder base price to anchor to. Hollywood Estates is reported as mostly single-story homes, which keeps maintenance predictable, but the recorded restrictions matter as much as the lot: confirm any 55-plus or age-restriction status first, then read the condition and the homesite, and weigh the finish against recent area comps.

Hollywood Estates in 15 seconds.

Best forBuyers who want a settled, low-key Melbourne-area street.
Biggest advantageA small, established single-family neighborhood in the Melbourne and West Melbourne area where condition and the documents set the number.
Biggest riskAssuming the age-restriction status instead of confirming it.
Sweet spotAn updated single-story home with the restrictions confirmed.
Avoid ifBuyers who want new construction with a builder warranty.

HOA, CDD & Fees

15-Second Take
  • Confirm whether an HOA applies at all
  • Some listings describe a 55-plus section, confirm the status
  • Verify deed restrictions for the specific home
  • Mostly single-story homes, low walkability
  • Price condition and the lot against area comps

Whether Hollywood Estates has a homeowners association is not consistently reported, and small established neighborhoods often have little or no HOA; confirm whether an HOA applies, the current dues if any, and any deed restrictions in writing before you offer.

If an HOA applies, the inclusions are not consistently reported. Confirm what is and is not covered, and specifically any age-restriction provisions, for a specific home.

No private membership or golf club is reported. Confirm any community arrangement and any age-restricted section for a specific home.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Hollywood Estates, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Bayridge, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Hollywood Estates home worth?

Get a no-obligation home value based on real comparable sales in Hollywood Estates matched to your condition, lot, and view, 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 homes for sale in Hollywood Estates on the map →
Or get your Hollywood Estates home value & selling guide →

Real comps, not a Zestimate.

Hollywood Estates Market Scorecard

Balanced Market

Hollywood Estates is currently a balanced market. About 3.1 months of supply, a median asking price of $159,000.

3.1
Months supply
$159,000
Median list
$131,000
Median sold
$107
Per sqft
n/a
Days on mkt
7/3/27
Active/Pend/Sold

Typical home value in the 32904 ZIP is $378,087, 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 2026-06-18. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Hollywood Estates?
In the Melbourne and West Melbourne area, in the 32904 part of Brevard County, recorded in places as Hollywood Estates of Canova Park, near US 192. Confirm the exact address and zoning for a specific home.
Is Hollywood Estates age-restricted?
Some listings describe a 55-plus section, but that status is unconfirmed. Confirm whether a specific home is age-restricted and what the deed restrictions say in writing before you rely on it.
Is it the same as Canova Park?
It is recorded in places as Hollywood Estates of Canova Park, so the names are tied together in some records. Confirm the recorded subdivision name for a specific home with the listing.
What kinds of homes are here?
It is reported as mostly single-story single-family homes in a small, established neighborhood. Confirm the square footage, age, and condition for a specific home with the listing.
Is there an HOA?
Whether the neighborhood has a homeowners association is not consistently reported, and small established neighborhoods often have little or no HOA. Confirm whether an HOA applies, the dues if any, and any deed restrictions in writing.
Is there a CDD?
No Community Development District is consistently reported. Confirm whether any CDD or special assessment rides the parcel's tax bill before you offer.
Is the neighborhood walkable?
It is reported as having low walkability, typical of a settled suburban Melbourne-area neighborhood. Confirm what is within walking distance for a specific home.
What schools serve Hollywood Estates?
The neighborhood is in Brevard Public Schools. Assignment is by address and can change, and an age-restricted home is a different consideration, so confirm the current zoning with the district.
What does a home here cost?
This is a small, established resale market where condition, the lot, and the restrictions drive a range. We pull recent area comps for a specific home rather than quote a figure that moves.
How far is the beach?
The Melbourne beaches are roughly a 25 to 30 minute drive east. Confirm your real commute at your real departure time.
How far is the airport?
Melbourne Orlando International Airport is roughly a 12 minute drive. Confirm your real commute at your real departure time.
Is Hollywood Estates a good investment?
A practical Melbourne-area location supports resale, while condition, the lot, and the restrictions drive the outcome. As with any resale, condition and lot decide value; this is not a guarantee of future value.
Should I use the listing agent to buy here?
No. The listing agent works for the seller. On a small established home where condition and the recorded restrictions swing value, your own representation is the highest-leverage decision you make, at no cost to you.
Buyers who want a settled, low-key Melbourne-area streetExcellent fit
Buyers who prefer mostly single-story homesExcellent fit
Buyers who will confirm the restrictions and read conditionExcellent fit
Buyers who want a practical location near US 192 and the airportExcellent fit
Buyers comfortable verifying HOA and restriction status themselvesExcellent fit
Buyers who want new construction with a builder warrantyProbably not
Buyers who need an amenity campus or a private clubProbably not
Buyers who want a highly walkable neighborhoodProbably not
Buyers who want to be walking distance to the beachProbably not
Buyers unwilling to confirm a possible age restrictionProbably not

Get the inside read on Hollywood Estates

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Hollywood Estates home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

We respond personally, usually the same day.

You are all set.

A Momentum Realty Hollywood Estates specialist will reach out personally, usually the same day.

Space Coast MLS logo
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Source: Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS.

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More Melbourne & Space Coast / Brevard County guides

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