Oak Island
Homes for Sale in Belle Isle, FL

A tightly held enclave of larger homes spanning more than a century of construction, from early-1900s builds to homes finished as recently as 2020, with the typical home dating to the mid-1990s.

Stellar MLS sales records identify 20 homes in Oak Island that have changed hands since 2005, built between 1940 and 2008 (median 1994), with a median living area of about 5,000 sq ft and a typical 5-bedroom, 5-bath layout; 100% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

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.

Oak Island is too small for its own price trend, so here is the market around it.

In ZIP 32809, 108 homes are on the market and 13% are under contract — a slower corner of Belle Isle.

Across Orange County, 5,909 homes are active and 1,877 pending (24% under contract).

In ZIP 32809 (Belle Isle), 159 homes closed in the last 12 months at a median of $338K ($234/sq ft), down 2.9% year over year, with a median 60 days on market. Right now 26 active and 7 pending listings put supply at about 3.6 months — a balanced market. See the live ZIP 32809 housing market and the Orange County market.

ZIP and county figures describe the wider market, not Oak Island specifically. Momentum Research analysis of MLS records.

What stands out first is scale. A median living area over 4,000 square feet means the homes here skew toward larger footprints than most surrounding Belle Isle inventory, which shapes both who shops this community and how it should be priced — square footage and layout carry more weight than they would in a smaller-home neighborhood.

The build years are equally telling. With homes dating from 1901 through 2020 and a median year built of 1994, this is not a single-era subdivision. Expect real variation in construction style, systems age, and renovation history from one listing to the next — due diligence on individual homes matters more here than reading the community as a whole. No community amenities are identified from current MLS listings, so any shared features would need to be confirmed independently rather than assumed.

In a community this small and this varied — spanning over a century of construction with only 59 homes total — generic comps don't hold up. We look at each listing on its own terms: age, condition, and square footage against what's actually moved here, not a citywide average that doesn't reflect this pocket's size profile or its high rate of owner-held homes.

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