Modern Duran
Homes for Sale in Melbourne, FL
All 714 homes for sale in Melbourne, FL · median $399,000 · 278 homes for sale in 32940 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of September 2026, Modern Duran in Melbourne, FL has 1 home for sale. Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $1,350,000, $460 per square foot, a median 33 days on market, sellers accepting 94% of original asking. Homes listed or recently sold were built 2018–2024; 4 of 4 report an HOA (median $550/mo). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $21,060 ($20,440 with the full homestead exemption).
| Location | Melbourne, Brevard County, FL · ZIP 32940 |
|---|---|
| Homes in the community | 12 (FL DOR 2025 assessment roll) |
| Years built | 2017–2024 (median 2019.0) |
| Typical living area | 4,376 sq ft (median) |
| Amenities listed by sellers | Gated, Maintenance Grounds, Security Gate, Golf Course, Jogging Path, Management - Full Time |
| Sale prices, last 12 months | $1,350,000 median across 3 closed sales · $460 per sq ft |
| Days on market (closed sales) | 33 median |
| For sale right now | 1 active, 0 pending · median asking $1,750,000 · 4.0 months of supply |
| Owner-occupied (homestead) share | 32% |
Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2017 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Modern Duran key facts,” movewithmomentum.com/neighborhoods/modern-duran, data as of September 20, 2026.
Modern Duran sits at the upper end of the Melbourne market, with a median around $1,350,000 and a median near $460 per square foot. At this level, price is driven by finish quality, build, and lot far more than by any single number — the median tells you the neighborhood's altitude, not what any given home will trade for. Expect a wide spread underneath that figure, sorted by condition and design.
The pace is measured rather than frantic: a median of 33 days on market, just over a month. That is not a bidding-war signal, and it is not a stale one either. For sellers, it means correctly priced, well-presented homes move on a normal timeline and overpricing gets punished. For buyers, there is room to underwrite carefully and negotiate on merit — this is a market where diligence pays more than speed.
Modern Duran right now
🟡 Balanced market. 4.0 months of supply and 0% 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 September 20, 2026. Confidence: Low (1 active and pending listings, 3 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 27, 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
Modern Duran market snapshot (as of September 20, 2026): the median sale price is about $1.35M ($460 per sq ft over the trailing 12 months of closed sales), a median 33 days on market for closed sales, and 4.0 months of supply, a balanced 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.
Modern Duran is a community of 12 homes in Melbourne, Brevard County, built between 2017 and 2024 (median 2019.0), with a median living area of about 4,376 square feet. 32% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Modern Duran is a high-price-point pocket of Melbourne in Brevard County where the number that matters is what you're buying, not just what you're spending — at this tier, condition and design set the price.
The setting & the homes.
Aerial and on-site photos of Modern Duran. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Modern Duran
Modern Duran
Modern Duran
Modern DuranPhotos from Space Coast MLS listings in Modern Duran; content deemed reliable but not guaranteed.
Who Modern Duran is best for.
Best for
- Buyers with a seven-figure budget seeking high-end finish and build in Melbourne
- Buyers willing to underwrite a home on its own condition rather than lean on a short comp history
- Sellers of upper-tier homes ready to price to a roughly month-long market timeline
Probably not for
- Buyers working below the luxury price point who need more inventory options
- Buyers who want shared community amenities baked into the value
- Sellers expecting a fast, above-median sale without matching condition and pricing
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Space Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($1.35M) IS the median in the snapshot above.
Windows contain 0 to 3 sales each (3 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 2017 through 2026. Deemed reliable but not guaranteed.
32% 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 (2026-09-27).
Modern Duran Market Scorecard
Modern Duran is currently a balanced market. About 4.0 months of supply, a median asking price of $1,750,000.
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.
Homes For Sale Right Now in Modern Duran
Live MLS inventory for Modern Duran. 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 Modern Duran listings as of 2026-09-26, priced high to low. Based on information from the Space Coast MLS for the period 2017 through 2026. Tap any home to ask about it.
Modern Duran 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.
Schools
- Brevard County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Quest · Elementary
- Viera Middle School · Middle
- Viera · High
Zoned schools reflect the assignments reported on recent Modern Duran 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 Modern Duran address.
Shop the zone: Homes zoned for Viera High School
The Modern Duran buying strategy.
If we were buying in Modern Duran 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 Modern Duran.
Reading a seven-figure median
A median of $1,350,000 and roughly $460 per square foot puts Modern Duran firmly in luxury territory for the Space Coast. The per-square-foot figure is the more useful lever here: it lets you sanity-check whether you're paying for square footage or for the level of finish, and those two things diverge sharply at this price. Two homes with the same asking price can be very different buys once you account for build quality and updates.
No community amenities surfaced in the current MLS listings, so the value proposition rests on the homes and the location rather than shared facilities. That is not a knock — it simply means your underwriting should center on the individual property. With a small recent closing window, treat comps as a starting point and lean on current condition, not just past sales, to gauge value.
The location and the amenities are priced into every listing in Modern Duran. 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 Modern Duran 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 3 factors (5.1). Basis: Liquidity & Demand 4.0 months of supply; Owner Commitment 32% owner-occupied; Pricing Power 94.1% sale-to-list. Refreshed with each data update.
Why work with Momentum here
At this price tier with a thin recent closing record, the difference between a good buy and an overpay comes down to reading finish, build, and lot against price per square foot — not just eyeballing the sticker. We underwrite each home on its own merits, tell you when a listing is priced ahead of its condition, and price sellers to the 33-day reality of this market rather than to hope.
Modern Duran in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $515/month (about $6,180/yr) · median of 39 MLS listings, most billed annually
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $515 per month ($6,180 a year) — the median AssociationFee across 39 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, 2026-09.
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 Modern Duran 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 Modern Duran sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Modern Duran, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Modern Duran home worth?
Get a no-obligation home value based on real comparable sales in Modern Duran, 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 →
Frequently Asked Questions
What is the median home price in Modern Duran?
How long do homes in Modern Duran take to sell?
Is Modern Duran a buyer's or seller's market right now?
How many homes are in Modern Duran?
What share of Modern Duran is owner-occupied?
When were the homes in Modern Duran built?
Who is the best real estate agent for Modern Duran?
How do I find a top Melbourne real estate agent who knows Modern Duran?
Can Momentum Realty connect me with an agent for Modern Duran?
Where is Modern Duran, and what county is it in?
Should you buy in Modern Duran?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: September 26, 2026) |
| Community market stats | Space Coast MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32940)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2017 (14 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 →
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See how Modern Duran fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Modern Duran with Momentum Realty’s local guides.