Sweetwood Estates
Homes for Sale in Melbourne, FL
All 713 homes for sale in Melbourne, FL · median $399,900 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of November 2026, Sweetwood Estates in Melbourne, FL has 1 home for sale. Homes listed or recently sold were built 1989 - 1992; 4 of 4 report an HOA (median $14/mo); none of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 21 ft).
Sweetwood Estates Melbourne is a compact 123-home neighborhood built between 1988 and 1996, with a median build year of 1990. The median home runs about 2,049 square feet, and more than 86% of owners have homesteaded, indicating long-term owner occupancy. With only one active listing in a community this size, you're looking at extremely limited inventory.
Two months of supply puts this in seller-leaning territory. For buyers, that means minimal choice and little negotiation leverage right now. For sellers, it's a window to list into scarcity, though the high homestead share suggests most owners aren't in a hurry to move. If you need a home here soon, expect to act quickly when something does come available.
Figures in this note are as of July 16, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Sweetwood Estates right now
🔴 Seller-leaning market. 2.0 months of supply and 0% of the inventory already under contract give sellers the pressure advantage.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 (1 active and pending listings, 0 closed sales in 12 months).
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· Updated November 13, 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
A mid-size neighborhood built mostly in the early 1990s with homes around 2,000 square feet, dominated by long-term homesteaded owners and very few active listings.
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 Sweetwood Estates. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Sweetwood EstatesPhotos from Space Coast MLS listings in Sweetwood Estates; content deemed reliable but not guaranteed.
Who Sweetwood Estates is best for.
Best for
- Buyers who want a stable, homesteaded Melbourne neighborhood and understand that homes this age require inspection and budget for systems
- Sellers with a well-maintained home who can capitalize on very low inventory and seller-leaning supply
- Investors comfortable evaluating deferred maintenance and holding through turnover cycles in an owner-occupied community
Probably not for
- Buyers who need multiple listings to choose from or want immediate move-in options
- Anyone expecting resort amenities, a community pool, or common-area features
- Buyers on a fixed budget with no reserve for roof, HVAC, or system replacements that may come due soon
The market around Sweetwood Estates
Sweetwood Estates 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 Sweetwood Estates specifically. Momentum Research analysis of MLS records.
Sweetwood Estates 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 contributors.
Recent Developments in Sweetwood Estates
Development, infrastructure, retail, and school activity affecting Sweetwood Estates, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Retail & Dining
Margarita Island opens in the former El Chico building on Evans Road, Melbourne
The Mexican restaurant chain opened at 1751 Evans Road in Melbourne, its fourth Brevard location and seventh in Florida. It offers a full menu and a full-service bar.
What it may mean for the marketA new sit-down dining option adds to restaurant choices along the Evans Road area of Melbourne. The project is about 3 miles southwest of Sweetwood Estates, elsewhere in Brevard County.
Source: Space Coast Daily - October 2026Market
Brevard September home sales: single-family slows while condos and townhomes gain
Space Coast Association of Realtors data show the September single-family median price at $380,000, up 0.5%, with closed sales down 2.5% to 818 and 3.5 months of supply. Condo and townhouse median price rose 6.9% to $272,500, with 172 closed sales and 5.9 months of supply.
What it may mean for the marketTighter single-family supply and a firmer condo and townhouse segment point to differing inventory conditions across Brevard housing types. The site is about 7 miles northwest of Sweetwood Estates.
Source: Space Coast Daily - October 2026Infrastructure
Melbourne starts a citywide road condition survey with a scanning van
City consultant Michael Baker International began driving every city-maintained road on Oct. 15 with LiDAR, 3D scanners and cameras. The survey should finish by the end of 2026, and the Pavement Management Plan will be updated by early 2027 to prioritize resurfacing.
What it may mean for the marketThe survey will set the resurfacing priority list that shapes road conditions and repair timing across Melbourne. The site is about 6 miles southeast of Sweetwood Estates.
Source: WFTV - June 2026Development
Proposed Brevard County USL soccer stadium would anchor new mixed-use development
Developers unveiled plans for an 8,000-seat professional soccer stadium along West NASA Boulevard by Melbourne Orlando International Airport as the home of the Space Coast Soccer Club. The complex would include restaurants and retail space, with a targeted opening in spring 2028 and about 20 to 25 professional matches per year.
What it may mean for the marketA new stadium and mixed-use complex would add restaurant, retail, and event space to this part of Melbourne and expand the local commercial and entertainment footprint. The project is about 4 miles south of Sweetwood Estates, elsewhere in Brevard County.
Source: FOX 35 Orlando - June 2026Development
West Melbourne's Space Coast Town Center Expands
The 225-acre Space Coast Town Center on U.S. 192 and Interstate 95 in West Melbourne is advancing a new phase called The Landing, which will feature a grocery anchor, retail shops, restaurants, and roughly 300 apartments. When fully built, the overall development is planned to include more than 2,000 residential units, 300 hotel rooms, office space, and retail.
What it may mean for the marketA new phase adds grocery, retail, dining, and apartment capacity to this mixed-use center and expands the local commercial base at a major highway interchange. The project is about 6 miles southwest of Sweetwood Estates, elsewhere in Brevard County.
Source: WFTV - May 2026Infrastructure
Ellis Road widening from John Rodes Boulevard to Wickham Road advances to construction
FDOT's project to widen Ellis Road from two to four lanes over about 1.8 miles between John Rodes Boulevard and Wickham Road in the Melbourne area had a construction letting scheduled for May 20, 2026, at an estimated construction cost of $57 million. The work includes new sidewalks, buffered bicycle lanes, new traffic signals, and drainage improvements.
What it may mean for the marketWidening this corridor would increase road capacity and add sidewalks and bike lanes across a key West Melbourne and Melbourne connection. The project is about 3 miles south of Sweetwood Estates, elsewhere in Brevard County.
Source: CFL Roads (FDOT)
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Sweetwood Estates buying strategy.
If we were buying in Sweetwood Estates 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.
Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.
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 Sweetwood Estates.
What sets pricing in Sweetwood Estates Melbourne
Pricing here is condition-driven. These homes are approaching or past the age where major systems - roof, HVAC, water heater - are on borrowed time or already replaced. A well-maintained home with updates will command a premium; one with deferred maintenance will sit or require concessions. The fact that most owners have been here long enough to homestead suggests stability, but also means you may encounter original kitchens, baths, and flooring that need work.
With just one active listing in a 123-home community, supply is the dominant pricing force right now. Buyers have almost no inventory to choose from, which supports seller pricing power in the near term. But this is not a neighborhood with resort amenities or rapid turnover - most of your neighbors will have been here for years, and sales happen when they happen. If you're evaluating value, focus on the bones of the home and what comparable resales have looked like over the past year, not on what you hope the market will do next quarter.
The location and the amenities are priced into every listing in Sweetwood Estates. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this thin, you need an agent who watches the feed daily and can move the moment a listing goes live - or who has relationships that surface off-market opportunities before they hit MLS. Momentum knows Brevard County inventory and can help you assess condition and systems age honestly, so you're not surprised by what a 1990-built home actually requires. We'll also tell you when waiting makes more sense than overpaying into scarcity.
Sweetwood Estates in 15 seconds.
Tools for a Sweetwood Estates 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 Sweetwood Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Sweetwood Estates, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Sweetwood Estates home worth?
Get a no-obligation home value based on real comparable sales in Sweetwood Estates, 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 →
Recently off market in Sweetwood Estates
Homes in Sweetwood Estates 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. 1 on record.
- 1689 Sweetwood Drive · off market
| Location | Melbourne, Brevard County, FL |
|---|---|
| Homes in the community | 123 (FL DOR 2025 assessment roll) |
| Years built | 1988–1996 (median 1990) |
| Typical living area | 2,049 sq ft (median) |
| For sale right now | 1 active, 0 pending · median asking $385,000 · 2.0 months of supply |
| Owner-occupied (homestead) share | 86% |
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, “Sweetwood Estates key facts,” movewithmomentum.com/neighborhoods/sweetwood-estates-melbourne, data as of July 15, 2026.
Housing distress & ownership in Sweetwood Estates, 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 November 2026 through November 2026. Deemed reliable but not guaranteed.
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Melbourne guides & data
- Market data
- Cost of living
- Best neighborhoods (ranked by data)
- Best neighborhoods
- Flood zones
- Property taxes (Brevard County)
- Homestead exemption (Brevard County)
- Home insurance cost
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
- Florida documentary stamp tax, explained
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Sweetwood Drive (26 homes on record)
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Brevard County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Brevard County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
Sweetwood Estates Market Scorecard
Sweetwood Estates is currently a buyer-leaning market (limited data). Limited supply, a median asking price of n/a.
Typical home value in the 32935 ZIP is $268,182, about 12.8% 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 2026-11-13. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
What it really costs to own in Sweetwood Estates
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $4,701/yr across 4 listings here (MLS tax records, 2026-11-13). |
|---|---|
| HOA dues | MLS listings here mostly enter dues as billed annually, but the median entry is only $170/year across 4 listings (2026-11-13), which usually means a quarterly or monthly amount was entered as annual. Ask the association for the current dues. |
| Home and flood insurance | The average Citizens Property Insurance premium in Brevard County is $2,348/yr (6,986 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 1990 across 4 listings. An original roof here would be about 36 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Email me new listings in Sweetwood Estates
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 Sweetwood Estates
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Sweetwood Estates will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
Is Sweetwood Estates a buyer's or seller's market right now?
How many homes are in Sweetwood Estates?
What share of Sweetwood Estates is owner-occupied?
When were the homes in Sweetwood Estates built?
Who is the best real estate agent for Sweetwood Estates?
How do I find a top Melbourne real estate agent who knows Sweetwood Estates?
Can Momentum Realty connect me with an agent for Sweetwood Estates?
Where is Sweetwood Estates, and what county is it in?
Should you buy in Sweetwood Estates?
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: November 12, 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.
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More on Sweetwood Estates
- Find an agent · How to choose the best real estate agent in Sweetwood Estates