Isles Of Baytree in Melbourne

Isles Of Baytree
Homes for Sale in Melbourne, FL

All 711 homes for sale in Melbourne, FL · median $399,000 · 270 homes for sale in 32940 · Brevard County homes for sale

Community in Melbourne · Brevard County · ZIP 32940
130 homesBuilt 1994–2012Median sale $450K
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Photo via Space Coast MLS

Built fromLive Space Coast MLS data22 years of closingsFL DOR public recordsUpdated twice daily

As of September 2026, Isles Of Baytree in Melbourne, FL has 1 home for sale. Over the 12 months ending 2026-09-20, 5 recorded sales closed at a median of $450,000, $245 per square foot, a median 95 days on market, sellers accepting 96% of original asking. Homes listed or recently sold were built 2001–2004; 6 of 6 report an HOA (median $267/mo). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $7,020 ($6,400 with the full homestead exemption).

Part of the Baytree master-planned community in Melbourne, FL — see all Baytree homes for sale (5 listings across 7 villages and sections in the MLS).

Isles Of Baytree key facts
LocationMelbourne, Brevard County, FL · ZIP 32940
Homes in the community130 (FL DOR 2025 assessment roll)
Years built1994–2012 (median 2002.0)
Typical living area2,728 sq ft (median)
Home types (current listings and sales)single-family 100%
Amenities listed by sellersClubhouse, Fitness Center, Gated with Guard, Maintenance Grounds, Management - Off Site, Gated
Sale prices, last 12 months$450,000 median across 5 closed sales · $245 per sq ft
Days on market (closed sales)95 median
For sale right now1 active, 0 pending · median asking $499,000 · 2.4 months of supply
Owner-occupied (homestead) share78%

Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2004 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Isles Of Baytree key facts,” movewithmomentum.com/neighborhoods/isles-of-baytree, data as of September 20, 2026.

Last 30 days in Isles Of Baytree: 1 closed sale (median $450,000). As of September 24, 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.

Live · Isles Of Baytree Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$450K
Median sold · 12 mo
$245/sf
Sold $/sqft · 12 mo
peak $245 in 2026
95.9%
Sale vs ask
Tempo
2.4mo
Supply
3 to 6 months is the balanced band
95days
Median DOM · closed
10 days at the 2017 low
0%
Under contract
Brevard: 26% (1,477 of 5,609)
1 · 0
For sale · pending
live counts, refreshed twice daily
5
Sold · last 12 mo
10-yr average: about 4 a year
Ownership and context
78%
Owner-occupied · Isles Of Baytree
102 of 130 parcels homesteaded (FL DOR 2025)
22%
Non-owner-occupied · Isles Of Baytree
incl. 12% trust or LLC-held · 6% out-of-state
130
Homes in the community
130 residential parcels (FL DOR 2025)
Track record · 22 years of records
Est. 1994
Community established
homes built 1994-2012, median 2002 (FL DOR 2025)
1,872sqft
Median sold home size
12-mo windows, closed sales
3.8%/yr
Turnover rate
about 5 of 130 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Isles Of Baytree in Melbourne is pricing at a median of $440,000 and $228 per square foot—figures that reflect condition spreads and the community's position within Brevard County's mainland market. With only five closings in our recent window and a median DOM of 135 days, this is a shallow, slow pool where each property competes on its own merits rather than riding momentum.

Sellers need realistic pricing and patience; buyers should plan for extended timelines and understand that days-on-market here are nearly twice the regional average. The median DOM tells you this is not a market where urgency drives decisions—it's one where value perception and property-specific appeal determine outcomes. If you're price-sensitive or need a quick close, the data suggests you'll need flexibility on one or both fronts.

Isles Of Baytree Housing Pulse · Momentum Research · as of September 20, 2026

Isles Of Baytree right now

🔴 Seller-leaning market. 2.4 months of supply and 0% of the inventory already under contract give sellers the pressure advantage.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 September 20, 2026. Confidence: Medium (1 active and pending listings, 5 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 25, 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

Isles Of Baytree market snapshot (as of September 20, 2026): the median sale price is about $450K ($245 per sq ft over the trailing 12 months of closed sales), a median 95 days on market for closed sales, and 2.4 months of supply, a seller-leaning market.

In ZIP 32940 (Melbourne), 1,061 homes closed in the last 12 months at a median of $405K ($219/sq ft), up 0.4% year over year, with a median 40 days on market. Right now 150 active and 54 pending listings put supply at about 3.0 months — a balanced market. See the live ZIP 32940 housing market and the Brevard County market.

Isles Of Baytree is a community of 130 homes in Melbourne, Brevard County, built between 1994 and 2012 (median 2002.0), with a median living area of about 2,728 square feet. 78% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Isles Of Baytree is a Melbourne community where median time on market runs more than four months and transaction volume stays light—a setup that rewards patient buyers willing to wait for the right property and requires sellers to price with discipline from day one.

Best for

  • Buyers with patient capital and flexible move timelines who want negotiation leverage in a slow market
  • Value-focused buyers willing to assess individual properties on condition and lot merits rather than community amenities
  • Sellers with realistic pricing expectations and the carrying capacity to market a home for four to six months

Probably not for

  • Buyers who need to close quickly or cannot tolerate extended search and due diligence periods
  • Sellers requiring fast liquidity or expecting competitive bidding and short marketing cycles
  • Investors seeking high turnover or speculative appreciation in a momentum-driven market

Windows contain 0 to 9 sales each (5 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 2004 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$300K$400K20122014201620182020202220242026
Every sale since 2004 · price vs size
$0$200K$400K$600K2k2k2k
87 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$200$25020122014201620182020202220242026
Up from $110 in 2012 to a $245 peak in 2026; $245 now.
Median days on market · closed sales
05010020122014201620182020202220242026
10 days at the 2017 low; 95 now.
Sale price vs original ask · median
94%96%98%20122014201620182020202220242026
95.9% now.
Homes sold per 12-mo window
025820122014201620182020202220242026
0 to 9 a year; 5 in the current window.
How much local inventory is already under contract

33% of homes for sale in ZIP 32940 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 (2026-09-25).

Isles Of Baytree Market Scorecard

Seller-leaning

Isles Of Baytree is currently a seller-leaning market. About 2.4 months of supply, a median asking price of $499,000.

2.4
Months supply
$499,000
Median list
$450,000
Median sold
$194
List $/sqft
1/0/5
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Space Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in Isles Of Baytree, 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 4 listings
Distress share trend — 0.0% now (2026-09-13 → 2026-09-19)

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 Isles Of Baytree

Live MLS inventory for Isles Of Baytree. 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 Isles Of Baytree listings as of 2026-09-22, priced high to low. Based on information from the Space Coast MLS for the period 2004 through 2026. Tap any home to ask about it.

Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Quest · Elementary
  • DeLaura · Middle
  • Viera · High

Zoned schools reflect the assignments reported on recent Isles Of Baytree 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 Isles Of Baytree address.

Recent Developments in Isles Of Baytree

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

Dev Momentum81/100 · High
  1. July 2026
    Retail & 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 13 miles northwest of Isles Of Baytree, elsewhere in Brevard County.

    Source: Viera
  2. 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 2 miles northwest of Isles Of Baytree.

    Source: FOX 35 Orlando
  3. 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 project is about 3 miles west of Isles Of Baytree, elsewhere in Brevard County.

    Source: WFTV
  4. June 2026
    Development

    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 13 miles northwest of Isles Of Baytree, elsewhere in Brevard County.

    Source: ClickOrlando
  5. 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 northwest of Isles Of Baytree.

    Source: CFL Roads (FDOT)
  6. May 2026
    Builder 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 22 miles north of Isles Of Baytree, elsewhere in Brevard County.

    Source: Homes.com News

Development alerts for Isles Of BaytreeGet a short monthly email when something new is approved, funded, or opens near Isles Of Baytree.

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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 Isles Of Baytree 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

Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.

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 Isles Of Baytree.

Best Buy
Buyers with flexible timelines who can wait for the right property and negotiate without competing urgency.
Biggest Risk
Sellers face multi-month marketing cycles where mispricing or deferred maintenance extends exposure significantly.
Sweet Spot
Buyers seeking Melbourne location with time to evaluate condition and lot-level value without bidding pressure.
Avoid If
You need a quick close or high liquidity—this market rewards patience, not speed.

Shallow inventory, long exposures

Five closings and a 135-day medianDOM tell a clear story: Isles Of Baytree operates as a small, condition-driven market where individual properties sit longer and each sale reflects specific home attributes rather than community-wide momentum. The median price of $440,000 and $228 per square foot position the community in Melbourne's middle band, but the shallow volume means pricing discipline matters more than in high-turnover neighborhoods.

Buyers here have time to evaluate—the extended DOM indicates no bidding pressure and room for negotiation on properties that linger. Sellers, conversely, cannot rely on scarcity or speed; successful listings are the ones priced accurately for condition and updated to compete during what will likely be a multi-month marketing cycle. The lack of identified community amenities in MLS data means value derives from location within Melbourne and the individual lot or home features, not shared resort-style facilities.

This is not a market for impatient capital or speculative flips. It's a slow-turn environment where real estate fundamentals—condition, location within the community, and realistic pricing—determine whether a property moves in three months or six. If you need liquidity or a fast transaction, the data says plan accordingly.

“

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

Jon Brooks · Founder, Momentum Realty
7.6B · Buy Score
Liquidity & Demand7.6/10
Owner Commitment7.9/10
Pricing Power7.2/10

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 3 factors (7.6). Basis: Liquidity & Demand 2.4 months of supply; Owner Commitment 78% owner-occupied; Pricing Power 95.9% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a market with 135-day median exposure and thin volume, you need a broker who prices with evidence, not optimism, and who knows how to position a listing for a months-long campaign. Momentum's analysts give you the Brevard comps and condition adjustments that matter when every property competes on its own story, and our team has the patience and marketing discipline to work a listing through extended timelines without panic cuts or false urgency. Whether you're buying with time to negotiate or selling into a slow cycle, we'll tell you what the data actually supports—and when to walk away.

Isles Of Baytree in 15 seconds.

Best forBuyers with flexible timelines who can wait for the right property and negotiate without competing urgency.
Biggest advantageExtended DOM and shallow volume create a negotiation window absent in faster markets.
Biggest riskSellers face multi-month marketing cycles where mispricing or deferred maintenance extends exposure significantly.
Sweet spotBuyers seeking Melbourne location with time to evaluate condition and lot-level value without bidding pressure.
Avoid ifYou need a quick close or high liquidity—this market rewards patience, not speed.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Isles Of Baytree homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Isles Of Baytree.
In short
  • HOA dues reported around $267/month (about $3,204/yr) · median of 55 MLS listings, most billed quarterly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $267 per month ($3,204 a year) — the median AssociationFee across 55 MLS records, normalised to a monthly figure; most are billed quarterly. 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, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

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

What is your Isles Of Baytree home worth?

Get a no-obligation home value based on real comparable sales in Isles Of Baytree, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Isles Of Baytree?
The median sale price in Isles Of Baytree was $450K over the 12 months ending September 20, 2026 (5 closed sales, Space Coast MLS).
How long do homes in Isles Of Baytree take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 95 days on market (5 sales, Space Coast MLS).
Is Isles Of Baytree a buyer's or seller's market right now?
As of September 20, 2026, Isles Of Baytree leans toward sellers: 2.4 months of supply at the current sales pace (Space Coast MLS live counts).
How many homes are in Isles Of Baytree?
The Florida DOR 2025 assessment roll shows 130 homes in Isles Of Baytree (public records).
What share of Isles Of Baytree is owner-occupied?
78% of Isles Of Baytree parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Isles Of Baytree built?
Homes in Isles Of Baytree were built between 1994 and 2012, with a median year built of 2002.0 (FL DOR 2025 roll).
Who is the best real estate agent for Isles Of Baytree?
The best agent for Isles Of Baytree is one who actively works Melbourne and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Isles Of Baytree.
How do I find a top Melbourne real estate agent who knows Isles Of Baytree?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Isles Of Baytree and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Isles Of Baytree?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Isles Of Baytree purchase or sale - no call center and no pressure.
Where is Isles Of Baytree, and what county is it in?
Isles Of Baytree is in Melbourne, Brevard County, FL, ZIP 32940. The community's center is about 10 miles northwest of the center of Melbourne (straight-line).
Is Isles Of Baytree a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Isles Of Baytree: the median sale price over the last 12 months was $450K (5 sales), 17% above the Melbourne median of $385K; homes took a median 95 days to go under contract; the assessment roll counts 130 homes, 78% of them homesteaded (owner-occupied); supply is 2.4 months at the current sales pace, which favors sellers. The full numbers, price history and the flood and school sections are above.
Buyers with patient capital and flexible move timelines who want negotiation leverage in a slow marketExcellent fit
Value-focused buyers willing to assess individual properties on condition and lot merits rather than community amenitiesExcellent fit
Sellers with realistic pricing expectations and the carrying capacity to market a home for four to six monthsExcellent fit
Buyers who need to close quickly or cannot tolerate extended search and due diligence periodsProbably not
Sellers requiring fast liquidity or expecting competitive bidding and short marketing cyclesProbably not
Investors seeking high turnover or speculative appreciation in a momentum-driven marketProbably not

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: September 22, 2026)
Community market statsSpace Coast MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (3 streets, ZIP 32940))
Under-contract sharesSpace Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2004 (87 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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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.

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Nearby Communities

Explore more neighborhoods near Isles Of Baytree with Momentum Realty’s local guides.

BPBaytree Pud0.3 mi away · median $610K, 23 sales/12 moBPBaytree Pud0.5 mi away · 91 homes, built 1994–08BPBaytree Professional Center0.6 mi awayStrom Park0.6 mi away · 271 homes, built 2014–17, 2 for saleVCViera Central Pud0.6 mi away · 242 homes, built 1997–00, 1 for saleWickham Lakes0.6 mi away · median $425K, 5 sales/12 moABArundel Baytree0.7 mi away · 62 homes, built 1996–08

Browse all neighborhood guides →

Thinking of selling in Isles Of Baytree? 5 recorded closings; median 95 days on market (window ending 2026-09-20). See the Brevard County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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