Hollywood Estates Melbourne
Homes for Sale in Melbourne, FL
True comps, carrying-cost math, and listings before the portals.
Hollywood Estates Melbourne trades on affordability and amenities. The median square footage sits at 1,127, and most homes date to 1980, meaning condition and updates drive price more than raw square footage. Buyers who can see past dated finishes and judge mechanical systems accurately will find opportunities; those expecting turnkey for bottom-dollar will struggle.
With 3.6 months of supply and eight active listings in a 411-home community, the market is balanced but shallow. Sellers have breathing room, but limited inventory means buyers willing to move quickly on a well-priced home still have leverage. The 62% homestead share suggests stable occupancy; this is not a transient community or a pure investor play.
Hollywood Estates Melbourne right now
🟡 Balanced market. 3.6 months of supply and 20% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Space Coast MLS records, as of July 15, 2026. Confidence: Medium (10 active and pending listings, 0 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 15, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The setting & the homes.
Aerial and on-site photos of Hollywood Estates Melbourne. Swipe to explore the community.
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Hollywood Estates Melbourne
Hollywood Estates Melbourne
Hollywood Estates Melbourne
Hollywood Estates Melbourne
Hollywood Estates Melbourne
Hollywood Estates MelbourneWho Hollywood Estates Melbourne is best for.
Best for
- Buyers who want community amenities - pool, clubhouse, storage - and will trade home age for access.
- Hands-on buyers comfortable evaluating older homes and budgeting renovation on a per-system basis.
- Boaters or RV owners who need on-site storage and want to avoid off-site rental fees.
Probably not for
- Buyers expecting modern finishes and new construction feel without renovation budget.
- Investors seeking fast turnover in a community with 62% homesteaded long-term residents.
- Anyone unwilling to verify HOA fee structure, management changes, and amenity access before closing.
The market around Hollywood Estates Melbourne
Hollywood Estates Melbourne is too small for its own price trend, so here is the market around it.
Across Brevard County, 3,585 homes are active and 1,397 pending (28% under contract).
ZIP and county figures describe the wider market, not Hollywood Estates Melbourne specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Hollywood Estates Melbourne, 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 August 2026 through August 2026. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.
Homes For Sale Right Now in Hollywood Estates Melbourne
Live MLS inventory for Hollywood Estates Melbourne. 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.
ActiveTop listing
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Pending
PendingActive and pending Hollywood Estates Melbourne listings as of 2026-08-17, priced high to low. Based on information from the Space Coast MLS for the period %s through %s. Tap any home to ask about it.
Hollywood Estates Melbourne on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.
Life at Hollywood Estates Melbourne
- Pool · reported on 18 of 18 listings
- Clubhouse · reported on 16 of 18 listings
- Shuffleboard Court · reported on 15 of 18 listings
- RV/Boat Storage · reported on 7 of 18 listings
- Maintenance Grounds · reported on 6 of 18 listings
- Management - Full Time · reported on 5 of 18 listings
- Management - Off Site · reported on 4 of 18 listings
- Management - On Site · reported on 3 of 18 listings
- Management - Part Time · reported on 2 of 18 listings
- Cable TV · reported on 1 of 18 listings
- Management - Developer · reported on 1 of 18 listings
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.
Schools
- Brevard County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Meadowlane · Elementary
- Central · Middle
- Melbourne · High
Zoned schools reflect the assignments reported on recent Hollywood Estates Melbourne listings and can change; always confirm with Brevard County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Hollywood Estates Melbourne address.
Recent Developments in Hollywood Estates
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 August 2026.
- July 2026Retail & Dining
Lakeside Social at Viera Town Center to bring a new waterfront community gathering place to Viera
The Viera Company, in partnership with Rogue Wave Hospitality Group, is opening Lakeside Social at Viera Town Center, a waterfront venue featuring a wave-shaped central bar, a boathouse-style bar, and a curated food vendor park. A soft opening was set for early June 2026, with a grand opening celebration over Fourth of July weekend 2026.
What it may mean for the marketA new waterfront food, bar, and entertainment venue adds dining and gathering capacity to Viera Town Center and broadens the local commercial mix. The project is about 15 miles north of Hollywood Estates, elsewhere in Brevard County.
Source: Viera - 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 project is about 3 miles north of Hollywood Estates, elsewhere in Brevard County.
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 northwest of Hollywood Estates.
Source: WFTV - June 2026Development
Orlando Health announces plans to open a new hospital in Viera
Orlando Health announced a seven-story, 240-bed hospital along with a three-story, 60,000-square-foot medical office building on a 40-acre health and wellness campus in Viera, between Lake Andrew Drive and I-95 south of Viera Boulevard. Construction was expected to begin in June 2026, with opening targeted as early as fall 2027.
What it may mean for the marketA new hospital and medical office campus would add major healthcare infrastructure and construction activity to the Viera area. The project is about 14 miles north of Hollywood Estates, elsewhere in Brevard County.
Source: ClickOrlando - 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 project is about 4 miles north of Hollywood Estates, elsewhere in Brevard County.
Source: CFL Roads (FDOT) - May 2026Builder Activity
Builder charts course for Cape Canaveral homes with rooftop terraces to watch launches
Miami-based EverHome Living plans 94 three-story townhouses off Astronaut Boulevard along the Banana River in Cape Canaveral, with prices starting around $650,000 and units of roughly 2,800 square feet. Groundbreaking is targeted for the end of 2026, with sales beginning in early 2027.
What it may mean for the marketA new townhouse community would add for-sale housing supply along the Banana River in Cape Canaveral. The project is about 24 miles north of Hollywood Estates, elsewhere in Brevard County.
Source: Homes.com News
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 Hollywood Estates Melbourne buying strategy.
If we were buying in Hollywood Estates Melbourne 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 Hollywood Estates Melbourne.
What you are actually buying
Hollywood Estates Melbourne offers community infrastructure - pool, clubhouse, shuffleboard, RV and boat storage, managed grounds - that typically appear in higher-priced neighborhoods. The trade-off is age: the median year built is 1980, and construction runs from 1972 to 2022. That fifty-year span means condition is everything. A 1970s block home with original mechanicals and a 2020s resale are both in this community, and they will not trade anywhere near each other.
The amenity roster includes full-time, part-time, on-site, off-site, and developer management references in MLS data - verify current governance and fees with the HOA before you write an offer. RV and boat storage is a tangible perk if you use it; if you do not, you are paying for someone else's parking pad. The 1,127-square-foot median suggests modest floor plans, and with 62% homesteaded, turnover is slow. Expect neighbors who have been here a while.
The balanced market and thin inventory mean pricing discipline matters. Overpriced listings will sit; fairly priced homes with visible updates move. If you are buying, budget for deferred maintenance unless inspection proves otherwise. If you are selling, understand that buyers at this price point comparison-shop ruthlessly, and cosmetic shortcuts show immediately.
The location and the amenities are priced into every listing in Hollywood Estates Melbourne. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Hollywood Estates rewards agents who can read age, systems, and HOA docs as carefully as comps. Momentum brokers walk properties with an inspector's eye, flag deferred maintenance before you are under contract, and price opinion based on condition rather than hope. In a community where build years span five decades and amenities create fee complexity, you need representation that knows when to walk and when to negotiate hard.
Hollywood Estates Melbourne in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA - confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Hollywood Estates Melbourne 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 Hollywood Estates Melbourne sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Hollywood Estates Melbourne, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Hollywood Estates Melbourne home worth?
Get a no-obligation home value based on real comparable sales in Hollywood Estates Melbourne, 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 Melbourne on the map →
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Brevard County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Brevard County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
32% of homes for sale in ZIP 32904 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 (2026-08-18).
Hollywood Estates Market Scorecard
Hollywood Estates is currently a balanced market. About 3.5 months of supply, a median asking price of $129,000.
Typical home value in the 32904 ZIP is $379,861, about 12.6% 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 2026-08-18. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
Is Hollywood Estates Melbourne a buyer's or seller's market right now?
How many homes are in Hollywood Estates Melbourne?
What share of Hollywood Estates Melbourne is owner-occupied?
When were the homes in Hollywood Estates Melbourne built?
Who is the best real estate agent for Hollywood Estates Melbourne?
How do I find a top Melbourne real estate agent who knows Hollywood Estates Melbourne?
Can Momentum Realty connect me with an agent for Hollywood Estates Melbourne?
Should you buy in Hollywood Estates Melbourne?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Hollywood Estates Melbourne with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: July 14, 2026) |
| Housing stock & ownership | Florida DOR 2025 assessment roll (community parcel extract) |
| Under-contract shares | Space Coast MLS records, as of 2026-07-12 |
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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