Island Shores Of Melbourne Beach
Homes for Sale in Melbourne Beach, FL
All 140 homes for sale in Melbourne Beach, FL · median $724,950 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via Space Coast MLS
As of October 2026, Island Shores Of Melbourne Beach in Melbourne Beach, FL has 2 homes for sale. Over the 12 months ending 2026-07-15, 7 recorded sales closed at a median of $900,000, $439 per square foot, a median 56 days on market, sellers accepting 97% of original asking (+25% versus the prior year). Homes listed or recently sold were built 1957 - 2025 with 1 new construction; 3 of 15 report an HOA (median $4/mo); none of the 15 geocoded homes sit in a FEMA special flood hazard zone (median elevation 11 ft). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $14,040 ($13,420 with the full homestead exemption).
| Location | Melbourne Beach, Brevard County, FL |
|---|---|
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | Beach Access |
| Sale prices, last 12 months | $900,000 median across 7 closed sales · $439 per sq ft · +25.0% vs the prior 12 months |
| Days on market (closed sales) | 56 median |
| For sale right now | 2 active, 1 pending · median asking $1,162,450 · 3.4 months of supply |
Data as of July 15, 2026. Based on information from the Space Coast MLS for the period %s through %s. Market figures describe homes, not residents. Cite as: Momentum Realty, “Island Shores Of Melbourne Beach key facts,” movewithmomentum.com/neighborhoods/island-shores-of-melbourne-beach-melbourne-beach, data as of July 15, 2026.
Last 30 days in Island Shores Of Melbourne Beach: 4 under contract right now, 2 closed sales (median $518,100). As of October 2, 2026, Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed by the MLS to be accurate.
Island Shores Of Melbourne Beach right now
🟡 Balanced market. 3.4 months of supply and 33% 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 (3 active and pending listings, 7 closed sales in 12 months).
🟢 Still climbing. The trailing-12-month median ($900K) is up 25.0% from the prior 12 months ($720K) and up 311% since 2012. With about 8 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Space Coast MLS closed sales, 12-month windows ending July 15. Confidence: Medium (7 and 8 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 2, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Island Shores Of Melbourne Beach market snapshot (as of July 15, 2026): the median sale price is about $900K ($439 per sq ft over the trailing 12 months of closed sales), a median 56 days on market for closed sales, and 3.4 months of supply, a balanced market. The trailing-12-month median is up 25% from the prior 12 months and up 311% since 2012, computed from record-level Space Coast MLS closed sales (7 closings in the current window).
Flood zones in Island Shores Of Melbourne Beach: of 13 listing addresses checked against the FEMA National Flood Hazard Layer, 100% sit outside the FEMA Special Flood Hazard Area (Zone X). Individual parcels vary - verify any specific address at msc.fema.gov.
The setting & the homes.
Aerial and on-site photos of Island Shores Of Melbourne Beach. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Island Shores Of Melbourne Beach
Island Shores Of Melbourne Beach
Island Shores Of Melbourne Beach
Island Shores Of Melbourne Beach
Island Shores Of Melbourne Beach
Island Shores Of Melbourne BeachPhotos from Space Coast MLS listings in Island Shores Of Melbourne Beach; content deemed reliable but not guaranteed.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Space Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($900K) IS the median in the snapshot above, and the move from 2025 ($720K) IS the +25.0% one-year change.
Windows contain 2 to 15 sales each (7 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 %s through %s. Deemed reliable but not guaranteed.
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.
21% 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 (2026-10-02).
Island Shores Market Scorecard
Island Shores is currently a balanced market (limited data). Limited supply, a median asking price of n/a.
Typical home value in the 32951 ZIP is $616,897, about 39.9% above 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 2026-10-02. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in Island Shores Of Melbourne Beach, Melbourne Beach
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 September 2026 through September 2026. Deemed reliable but not guaranteed.
Homes For Sale Right Now in Island Shores Of Melbourne Beach
Live MLS inventory for Island Shores Of Melbourne Beach. 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.
Pending
Pending
Pending
PendingActive and pending Island Shores Of Melbourne Beach listings as of 2026-10-01, 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.
Every Home for Sale in Island Shores Of Melbourne Beach Melbourne Beach Right Now (4)
All 4 active and pending Island Shores Of Melbourne Beach Melbourne Beach listings with a detail page, newest first, refreshed twice a day from the MLS.
- 508 Magnolia Avenue · $1,575,000 · 5 bd / 3.5 ba · pending · listed Jul 2, 2026 · listed by Palm Realty Properties, LLC
- 309 Banyan Way · $749,000 · 4 bd / 4 ba · pending · listed Jul 2, 2026 · listed by One Sotheby's International
- 506 Banyan Way · $1,100,000 · 4 bd / 3.5 ba · pending · listed Jul 2, 2026 · listed by ITG Realty
- 407 Banyan Way · $760,000 · 5 bd / 4 ba · pending · listed Jul 2, 2026 · listed by Watson Realty Corp
Island Shores Of Melbourne Beach 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 Island Shores Of Melbourne Beach
- Beach Access · reported on 3 of 3 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
- Gemini · Elementary
- Hoover · Middle
- Melbourne · High
Zoned schools reflect the assignments reported on recent Island Shores Of Melbourne Beach 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 Island Shores Of Melbourne Beach address.
Shop the zone: Homes zoned for Melbourne High School
The Island Shores Of Melbourne Beach buying strategy.
If we were buying in Island Shores Of Melbourne Beach 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 Island Shores Of Melbourne Beach.
A closer look at the Island Shores Of Melbourne Beach market
At a median of $439 per square foot, Island Shores Of Melbourne Beach prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.
Inventory runs at 3.4 months of supply, a balanced market and the trailing-12-month median up 25% year over year. Homes that do trade take a median 56 days on market, useful leverage on any listing that has lingered.
The location and the amenities are priced into every listing in Island Shores Of Melbourne Beach. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Island Shores Of Melbourne Beach buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (8.6). Basis: Long-Term Appreciation +311% since 2012; Recent Direction +25.0% year-over-year; Liquidity & Demand 3.4 months of supply; Pricing Power 96.7% sale-to-list. Refreshed with each data update.
HOA, CDD & Fees
- HOA dues reported around $4/month · median of 51 MLS listings, most billed annually
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $4 per month - the median AssociationFee across 51 MLS records, normalised to a monthly figure; most are billed annually. 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.
Tools for a Island Shores Of Melbourne Beach 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 Island Shores Of Melbourne Beach sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Island Shores Of Melbourne Beach, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Island Shores Of Melbourne Beach home worth?
Get a no-obligation home value based on real comparable sales in Island Shores Of Melbourne Beach, 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 →
Recently off market in Island Shores Of Melbourne Beach
Homes in Island Shores Of Melbourne Beach that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 3 on record.
- 202 Shannon Avenue · off market
- 415 Hibiscus Trail · off market
- 506 Magnolia Avenue · off market
Frequently Asked Questions
What is the median home price in Island Shores Of Melbourne Beach?
How long do homes in Island Shores Of Melbourne Beach take to sell?
Is Island Shores Of Melbourne Beach a buyer's or seller's market right now?
Have Island Shores Of Melbourne Beach home prices gone up?
Who is the best real estate agent for Island Shores Of Melbourne Beach?
How do I find a top Melbourne Beach real estate agent who knows Island Shores Of Melbourne Beach?
Can Momentum Realty connect me with an agent for Island Shores Of Melbourne Beach?
Where is Island Shores Of Melbourne Beach, and what county is it in?
Is Island Shores Of Melbourne Beach in a flood zone?
Is Island Shores Of Melbourne Beach a good place to live?
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: October 1, 2026) |
| Community market stats | Space Coast MLS closed sales, 12-month windows ending July 15, 2026 |
| Under-contract shares | Space Coast MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2004 (156 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.
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.
See how Island Shores Of Melbourne Beach fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Island Shores Of Melbourne Beach
- Home values · What homes in Island Shores Of Melbourne Beach actually sell for
- Find an agent · How to choose the best real estate agent in Island Shores Of Melbourne Beach
Nearby Communities
Explore more neighborhoods near Island Shores Of Melbourne Beach with Momentum Realty’s local guides.