Magnolia Pointe Unit 1
Homes for Sale in Melbourne, FL

Magnolia Pointe Unit 1 market snapshot (as of July 15, 2026): the median sale price is about $345K ($186 per sq ft over the trailing 12 months of closed sales), and a median 46 days on market for closed sales.

Magnolia Pointe Unit 1 is a small Melbourne pocket in Brevard County where the price you pay tracks closely to the specific home and its condition rather than any shared amenity package.

The current MLS data identifies no community amenities here — no pool, gate, or clubhouse to fold into the value. That keeps the equation simple: you are buying the house, the lot, and the location, and the spread between an updated home and a dated one will show up directly in the price.

With just four closings in the measured window, the median of $345,000 and the $186 per square foot figure carry sample-size caveats. Both are useful anchors, but a single unusual sale can swing them, so read any comp against the actual condition and square footage rather than the community average alone.

In a thin-data pocket like this, the average number tells you less than the individual comp. We underwrite each listing against condition, square footage, and lot rather than leaning on a median built from a handful of sales — which protects sellers from underpricing and buyers from overpaying for a home that only looks like the last one that closed.

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