Sunset Bay
Homes for Sale in Melbourne Beach, FL
All 139 homes for sale in Melbourne Beach, FL · median $699,995 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo courtesy of Elisabeth Logan, Arium Real Estate, LLC · via Space Coast MLS
As of October 2026, Sunset Bay Subd in Melbourne Beach, FL has 3 homes for sale. Sunset Bay Subd is a community in Melbourne Beach, Brevard County, FL. Across Melbourne Beach as a whole, 71 homes closed in the last 12 months at a median of $662,500, 59 median days on market, with 137 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $10,340 ($9,720 with the full homestead exemption).
Sunset Bay Melbourne Beach is an eight-home enclave where lot and proximity to water set the floor, but condition sets the ceiling. The 1982 median build year masks a sixty-plus year span - some homes date to 1949, while the newest arrived in 2023 - so expect dramatic spread in finish and systems. Three-quarters of owners carry a homestead exemption, which typically signals lower turnover and tighter supply when something does list.
With three active listings in an eight-home subdivision, inventory is unusually high as a percentage of the universe. Median living area runs just under 2,800 square feet, so these are not beach cottages; they're full-scale houses in a barrier-island setting. Buyers pay for location and privacy; the subdivision itself is minimal by design, with security lighting the only reported amenity. Condition diligence and tolerance for neighbor-to-neighbor variance matter more here than in a master-planned alternative.
Figures in this note are as of July 16, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
An eight-home subdivision on Melbourne Beach spanning seven decades of construction, where oceanside location and lot size drive value and condition spreads are wide.
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.
The setting & the homes.
Aerial and on-site photos of Sunset Bay. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Sunset BayPhotos from Space Coast MLS listings in Sunset Bay; content deemed reliable but not guaranteed.
Who Sunset Bay is best for.
Best for
- Buyers seeking direct beach access and a large-footprint home who can budget for condition diligence and insurance complexity.
- Owners looking to downsize from a mainland estate but keep square footage and add oceanside location.
- Investors or second-home buyers comfortable evaluating older construction and flood-zone variables for long-term hold.
Probably not for
- Buyers who want turnkey, recent construction with uniform finishes and minimal systems risk.
- Anyone unable or unwilling to navigate flood insurance, elevation certificates, and barrier-island underwriting.
- Buyers expecting resort-style amenities, gated security, or active HOA programming.
The market around Sunset Bay
Sunset Bay 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 Sunset Bay specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Sunset Bay
Live MLS inventory for Sunset Bay. 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 Sunset Bay listings as of 2026-10-19, 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.
Life at Sunset Bay
- Security Lights · reported on 1 of 1 listings
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
- Brevard County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Gemini · Elementary
- Hoover · Middle
- Melbourne · High
Zoned schools reflect the assignments reported on recent Sunset Bay 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 Sunset Bay address.
Shop the zone: Homes zoned for Melbourne High School
The Sunset Bay buying strategy.
If we were buying in Sunset Bay 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 Sunset Bay.
What you're buying in Sunset Bay
Sunset Bay Melbourne Beach offers barrier-island living without resort-style infrastructure. The community comprises eight homes built between 1949 and 2023, with a median year of 1982 and median living area just under 2,800 square feet. Security lighting is the sole shared amenity on record, so this is a place you choose for the lot, the beach access, and the quiet - not for a clubhouse or pool.
The seventy-four-year age range means you may find mid-century originals on large parcels alongside recent tear-down rebuilds, often on the same street. Three-quarters of the homes carry a homestead exemption, reflecting long-term owner-occupancy and limited churn. When something does come to market, expect wide variation in finish level, mechanical systems, and flood mitigation; inspection and insurance homework are non-negotiable on the barrier islands.
Three active listings in an eight-home subdivision is a momentary spike, but it also means choice - a rarity here. Melbourne Beach itself offers walkable beach access, a low-key vibe, and proximity to Melbourne's commercial base without the density of larger coastal markets. Buyers here tend to prioritize privacy, space, and ocean proximity over HOA amenities or new-construction uniformity.
The location and the amenities are priced into every listing in Sunset Bay. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Barrier-island transactions require flood-zone fluency, insurance routing, and an honest read of what condition really costs to remedy. Momentum Realty knows the Brevard coastal inventory and will walk you through elevation certificates, windstorm underwriting, and the delta between cosmetic age and structural concern - so you bid with clarity, not hope. We also know when to walk.
Sunset Bay 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 Sunset Bay 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 Sunset Bay sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Sunset Bay, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Sunset Bay home worth?
Get a no-obligation home value based on real comparable sales in Sunset Bay, 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 Beach →
Recently off market in Sunset Bay Subd
Homes in Sunset Bay Subd that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 2 on record.
- 531 Sunset Boulevard · off market
- 702 Oak Street · off market
| Location | Melbourne Beach, Brevard County, FL |
|---|---|
| Homes in the community | 8 (FL DOR 2025 assessment roll) |
| Years built | 1949–2023 (median 1982) |
| Typical living area | 2,790 sq ft (median) |
| For sale right now | 3 active, 0 pending · median asking $2,100,000 |
| Owner-occupied (homestead) share | 75% |
Data as of July 15, 2026. Based on information from the Space Coast MLS for the period %s through %s; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Sunset Bay key facts,” movewithmomentum.com/neighborhoods/sunset-bay-subd-melbourne-beach, data as of July 15, 2026.
Housing distress & ownership in Sunset Bay, Melbourne Beach
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 October 2026 through October 2026. Deemed reliable but not guaranteed.
Every Home for Sale in Sunset Bay Subd Melbourne Beach Right Now (1)
All 1 active and pending Sunset Bay Subd Melbourne Beach listings with a detail page, newest first, refreshed twice a day from the MLS.
- 532 Sunset Boulevard · $2,100,000 · 6 bd / 3.5 ba · listed Jul 22, 2026 · listed by Arium Real Estate, LLC
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Melbourne Beach guides & data
- Market data
- Cost of living
- Best neighborhoods
- Property taxes (Brevard County)
- Homestead exemption (Brevard County)
- Home insurance cost
- New construction (Brevard County)
- Gated communities guide
Florida buyer guides
Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Oak Street (2 homes on record)
20% of homes for sale in ZIP 32951 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 (2026-10-20).
Sunset Bay Market Scorecard
Sunset Bay is currently a buyer-leaning market (limited data). Limited supply, a median asking price of $2,100,000.
Typical home value in the 32951 ZIP is $616,063, about 40.1% above 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 2026-10-20. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Email me new listings in Sunset Bay
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Sunset Bay
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Sunset Bay will answer, and the answer is published on this page for the next buyer.
Price History: What Homes Here Have Actually Sold For
Median sale prices in Sunset Bay Subd Melbourne Beach year by year since 2012, from closed MLS sales. Long-run history beats any single estimate: it shows what this community has actually done through rate cycles, not what a model guesses.
Frequently Asked Questions
How many homes are in Sunset Bay?
What share of Sunset Bay is owner-occupied?
When were the homes in Sunset Bay built?
Who is the best real estate agent for Sunset Bay?
How do I find a top Melbourne Beach real estate agent who knows Sunset Bay?
Can Momentum Realty connect me with an agent for Sunset Bay?
Where is Sunset Bay, and what county is it in?
Should you buy in Sunset Bay?
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: October 19, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (community parcel extract) |
| Under-contract shares | Space 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 local comps.
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See how Sunset Bay fits the bigger picture — live prices, inventory, and Momentum Scores:
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