Meadow Cove Melbourne in Melbourne

Meadow Cove Melbourne
Homes for Sale in Melbourne, FL

Community in Melbourne · Brevard County
179 homesBuilt 1988–1991
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Photo via Space Coast MLS

Built fromLive Space Coast MLS dataFL DOR public recordsUpdated twice daily
Live · Meadow Cove Melbourne Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
9.0mo
Supply
3 to 6 months is the balanced band
0%
Under contract
Brevard: 28% (1,397 of 4,982)
3 · 0
For sale · pending
live counts, refreshed twice daily
Ownership and context
74%
Owner-occupied · Meadow Cove Melbourne
132 of 179 parcels homesteaded (FL DOR 2025)
26%
Non-owner-occupied · Meadow Cove Melbourne
incl. 7% trust or LLC-held · 4% out-of-state
179
Homes in the community
179 residential parcels (FL DOR 2025)
Track record · years of records
Est. 1988
Community established
homes built 1988-1991, median 1989 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Meadow Cove Melbourne is a 179-home subdivision built between 1988 and 1991, with a median home size of 2,058 square feet. Roughly three-quarters of owners homestead here, which speaks to long-term occupancy and a stable ownership base. The community offers maintained common grounds, and homes reflect the solid construction typical of late-1980s Melbourne suburban development.

With 3 active listings and a 9.0-month supply, this is a buyer-leaning market. Inventory is unusually high for a community of this size, giving you negotiating room and time to evaluate condition, deferred maintenance, and original versus updated systems. Sellers should price carefully and be ready to justify value against competing listings.

Meadow Cove Melbourne Housing Pulse · Momentum Research · as of July 15, 2026

Meadow Cove Melbourne right now

🟢 Buyer-leaning market. 9.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.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: Low (3 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

Best for

  • Buyers seeking a mid-sized home in a mature, maintained Melbourne neighborhood who are comfortable with older construction and have capital or financing for updates
  • Investors or owner-occupants who can assess deferred maintenance and see value in a buyer-leaning market with negotiating room
  • Households that prioritize location and lot over brand-new finishes and are willing to undertake phased improvements

Probably not for

  • Buyers who need move-in-ready homes with current systems, appliances, and finishes already in place
  • First-time purchasers without renovation budgets or experience evaluating homes built in the late 1980s
  • Anyone expecting rapid turnover, low inventory competition, or appreciation driven by scarcity - this is a patient market right now

The market around Meadow Cove Melbourne

Meadow Cove 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 Meadow Cove Melbourne specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in Meadow Cove Melbourne

Live MLS inventory for Meadow Cove 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.

Active and pending Meadow Cove Melbourne listings as of 2026-07-14, 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.

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

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

In short
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Johnson · Middle

Zoned schools reflect the assignments reported on recent Meadow Cove 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 Meadow Cove Melbourne address.

If we were buying in Meadow Cove Melbourne 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

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

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 Meadow Cove Melbourne.

Best Buy
Buyers who value established neighborhoods, appreciate mid-sized floor plans, and are comfortable evaluating or budgeting for updates in homes approaching forty years old.
Biggest Risk
Age and deferred maintenance - condition varies home to home, and you will inherit whatever the prior owner did or did not replace.
Sweet Spot
Buyers ready to inspect thoroughly, compare all available inventory, and negotiate on price or repairs in a market that currently favors them.
Avoid If
You want turnkey, low-maintenance resale or are not prepared to budget for roof, HVAC, or system replacements that may be due soon.

What you are buying into

Meadow Cove Melbourne was completed in a three-year window, so the community has architectural and age consistency. Homes cluster around 2,058 square feet, making this a mid-sized footprint suited to buyers who need space without sprawl. Common-area maintenance is handled through the association, which keeps the grounds presentable without asking owners to manage exterior landscaping themselves.

At nearly forty years old, these homes have reached the stage where major systems - HVAC, roofing, water heaters - are often on second or third cycles. Some homes will have been comprehensively updated; others will carry original finishes and mechanicals. Your inspection and records review matter more here than in newer inventory. The high homestead share indicates owner occupancy is the norm, which tends to correlate with steady upkeep, but individual conditions vary widely.

The 9.0-month supply and three concurrent listings give buyers leverage rare in tighter Florida markets. You can take your time, compare finishes and condition across available homes, and negotiate from a position of choice. Sellers face real competition and will need accurate pricing and condition transparency to stand out.

The location and the amenities are priced into every listing in Meadow Cove Melbourne. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Older inventory demands disciplined due diligence. Our agents know which inspection red flags are deal-breakers and which are normal wear for homes of this vintage. We will pull permit history, compare condition across the active listings, and help you model renovation costs before you write an offer. In a buyer-leaning market like this, we negotiate with data - not optimism - and we will tell you when a home is priced beyond its bones.

Meadow Cove Melbourne in 15 seconds.

Best forBuyers who value established neighborhoods, appreciate mid-sized floor plans, and are comfortable evaluating or budgeting for updates in homes approaching forty years old.
Biggest advantageA 9.0-month supply in a small community gives you time, choice, and negotiating power rare in most Florida resale markets.
Biggest riskAge and deferred maintenance - condition varies home to home, and you will inherit whatever the prior owner did or did not replace.
Sweet spotBuyers ready to inspect thoroughly, compare all available inventory, and negotiate on price or repairs in a market that currently favors them.
Avoid ifYou want turnkey, low-maintenance resale or are not prepared to budget for roof, HVAC, or system replacements that may be due soon.

HOA, CDD & Fees

In short
  • 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.

The takeaway

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

What is your Meadow Cove Melbourne home worth?

Get a no-obligation home value based on real comparable sales in Meadow Cove 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 Meadow Cove Melbourne on the map →

Real comps, not an automated estimate.

Meadow Cove Market Scorecard

Buyer-Leaning Market (limited data)

Meadow Cove is currently a buyer-leaning market (limited data). About 9.0 months of supply, a median asking price of $325,000.

9.0
Months supply
$325,000
Median list
$339,750
Median sold
$225
Per sqft
n/a
Days on mkt
3/0/4
Active/Pend/Sold

Typical home value in the 32935 ZIP is $270,668, about 15.1% 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 2026-07-14. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Is Meadow Cove Melbourne a buyer's or seller's market right now?
As of July 15, 2026, Meadow Cove Melbourne leans toward buyers: 9.0 months of supply at the current sales pace (Space Coast MLS live counts).
How many homes are in Meadow Cove Melbourne?
The Florida DOR 2025 assessment roll shows 179 homes in Meadow Cove Melbourne (public records).
What share of Meadow Cove Melbourne is owner-occupied?
74% of Meadow Cove Melbourne parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Meadow Cove Melbourne built?
Homes in Meadow Cove Melbourne were built between 1988 and 1991, with a median year built of 1989 (FL DOR 2025 roll).
Who is the best real estate agent for Meadow Cove Melbourne?
The best agent for Meadow Cove Melbourne 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 Meadow Cove Melbourne.
How do I find a top Melbourne real estate agent who knows Meadow Cove Melbourne?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Meadow Cove Melbourne and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Meadow Cove Melbourne?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Meadow Cove Melbourne purchase or sale - no call center and no pressure.
Buyers seeking a mid-sized home in a mature, maintained Melbourne neighborhood who are comfortable with older construction and have capital or financing for updatesExcellent fit
Investors or owner-occupants who can assess deferred maintenance and see value in a buyer-leaning market with negotiating roomExcellent fit
Households that prioritize location and lot over brand-new finishes and are willing to undertake phased improvementsExcellent fit
Buyers who need move-in-ready homes with current systems, appliances, and finishes already in placeProbably not
First-time purchasers without renovation budgets or experience evaluating homes built in the late 1980sProbably not
Anyone expecting rapid turnover, low inventory competition, or appreciation driven by scarcity - this is a patient market right nowProbably not

Nearby Communities

Explore more neighborhoods near Meadow Cove Melbourne with Momentum Realty’s local guides.

Lake Washington Townhomes MelbourneMelbourne, FL · 0.4 miSPSunwood Park No 1 MelbourneMelbourne, FL · 0.5 miGVGreenbriar Village MelbourneMelbourne, FL · 0.6 miEPEmerald Palms MelbourneMelbourne, FL · 0.7 miSESweetwood Estates MelbourneMelbourne, FL · 0.7 miMWMisty Way Phase I Pud MelbourneMelbourne, FL · 0.7 miWLWhisper Lake MelbourneMelbourne, FL · 0.8 miCMCatalina MelbourneMelbourne, FL · 0.8 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: July 14, 2026)
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesSpace 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.

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 your area comps.

Looking to buy here? Search homes for sale →

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