Misty Way
Homes for Sale in Melbourne, FL
All 714 homes for sale in Melbourne, FL · median $399,000 · 190 homes for sale in 32935 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 61 closed sales in Misty Way Phase Ii in Melbourne, FL since 2004, the most recent in July 2026. Recorded prices since 2024 ran from $245,000 to $372,000 (median $324,900), on homes of 1,080 to 1,440 sq ft. Across Melbourne as a whole, 1,127 homes closed in the last 12 months at a median of $385,000, 44 median days on market, with 229 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $5,070 ($4,450 with the full homestead exemption).
| Location | Melbourne, Brevard County, FL · ZIP 32935 |
|---|---|
| Homes in the community | 106 (FL DOR 2025 assessment roll) |
| Years built | 1990–2000 (median 1998) |
| Typical living area | 1,740 sq ft (median) |
| Owner-occupied (homestead) share | 66% |
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, “Misty Way Phase Ii key facts,” movewithmomentum.com/neighborhoods/misty-way-phase-ii, data as of September 20, 2026.
Misty Way Phase II is a small pocket within Melbourne, and the current MLS snapshot is thin — the closings window here is narrow, so there is very little recent transaction data to lean on. That means price is set less by a deep comp set and more by the specific condition and configuration of whatever happens to be listed. Expect a wide, condition-driven spread rather than a tidy pattern.
For a buyer, the practical takeaway is that you are negotiating against a single property's merits, not a crowded field. For a seller, the flip side holds: with few recent closings to anchor an appraisal or a buyer's expectation, pricing has to be built carefully from the home itself and from broader Melbourne activity. Neither side should assume a number without doing the work.
Nearby homes for sale
No active listings inside Misty WayHomes for Sale in Melbourne, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Misty Way Phase II is a modest residential enclave in Melbourne, Brevard County, with no community amenities identified from current MLS listings — so the appeal here is the homes and the location, not shared facilities.
Space Coast MLS sales records identify 90 homes in Misty Way that have changed hands since 2004, built between 1989 and 2000 (median 1992), with a median living area of about 1,236 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: Space Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
County records show 4 qualified sales in Misty Way across 2024–2024, median $345,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Misty Way is best for.
Best for
- Buyers focused on a particular house and location rather than shared facilities
- Buyers comfortable doing thorough condition-based due diligence on a single property
- Sellers willing to build a defensible price from the home up rather than a neighborhood average
Probably not for
- Buyers who want amenity-rich community living with pools or clubhouses
- Buyers who need a deep set of recent comparable sales to feel secure
- Sellers hoping for fast, formula-driven pricing off heavy local turnover
The market around Misty Way
Misty Way is too small for its own price trend, so here is the market around it.
In ZIP 32935, 263 homes are on the market and 27% are under contract — a steady corner of Melbourne.
Across Brevard County, 4,132 homes are active and 1,477 pending (26% under contract).
In ZIP 32935 (Melbourne), 401 homes closed in the last 12 months at a median of $297K ($213/sq ft), up 1.4% year over year, with a median 42 days on market. Right now 43 active and 11 pending listings put supply at about 3.3 months — a balanced market. See the live ZIP 32935 housing market and the Brevard County market.
ZIP and county figures describe the wider market, not Misty Way specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Misty Way Phase Ii, 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 September 2026 through September 2026. Deemed reliable but not guaranteed.
The Misty Way buying strategy.
If we were buying in Misty Way 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 Misty Way.
A thin-data pocket in Melbourne
The defining feature of this community right now is how little is trading. With a short closings window and no amenities surfacing in the listing data, there is no HOA-driven lifestyle story to tell and no recurring dues narrative to weigh. What you buy is the house and its position within Melbourne, full stop.
That makes individual due diligence more important than usual. Roof, systems, lot, and finish level will drive value far more than any neighborhood average, because there effectively isn't a reliable neighborhood average yet. Treat each listing as its own case.
The location and the amenities are priced into every listing in Misty Way. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a low-data community like this, the value we add is in the reconstruction of a fair number from the ground up — pulling broader Melbourne and Brevard activity, reading the specific home's condition, and pressure-testing the list price rather than accepting it. We would rather tell you a listing is mispriced than help you overpay or underlist into a quiet market.
Misty Way in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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 Misty Way 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 Misty Way sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Misty Way, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Misty Way home worth?
Get a no-obligation home value based on real comparable sales in Misty Way, 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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Frequently Asked Questions
How many homes are in Misty Way?
What share of Misty Way is owner-occupied?
When were the homes in Misty Way built?
Who is the best real estate agent for Misty Way?
How do I find a top Melbourne real estate agent who knows Misty Way?
Can Momentum Realty connect me with an agent for Misty Way?
Where is Misty Way, and what county is it in?
Should you buy in Misty Way?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR assessment roll (street-list match (3 streets, ZIP 32935)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2004 (61 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.
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See how Misty Way Phase Ii fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
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