Sylvan Estates in Melbourne

Sylvan Estates
Homes for Sale in Melbourne, FL

All 713 homes for sale in Melbourne, FL · median $399,900 · Brevard County homes for sale

Community in Melbourne · Brevard County
Free · No obligation
Talk to a Sylvan Estates Expert

True comps, carrying-cost math, and listings before the portals.

Photo via Space Coast MLS

Built fromLive Space Coast MLS dataUpdated twice daily

Homes listed or recently sold were built 1962–1968; none of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 25 ft). Sylvan Estates is a community in Melbourne, Brevard County, FL. Across Melbourne as a whole, 1,028 homes closed in the last 12 months at a median of $386,000, 45 median days on market, with 682 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,020 ($5,400 with the full homestead exemption).

Sections of Sylvan Estates in the MLS

Sylvan Estates in Melbourne, FL is recorded as 2 separate subdivisions/phases in the MLS; 0 homes are for sale across them today. Each section has its own page:

Live · Sylvan Estates Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0 · 0
For sale · pending
live counts, refreshed twice daily
Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 18, 2026

Sylvan Estates sits in Melbourne with a median around $520,000 and a median of roughly $271 per square foot. With that kind of per-foot figure, price here is driven more by condition, layout, and lot than by any headline number — the spread between an updated home and one that needs work can be wide, so read each listing on its own merits rather than the median alone.

The market posture is middling. A heat score of 43 and a median of about 63 days on market tell you this is not a place where homes move on the first weekend. Prices are up 6.7% year over year, so there's real support under values, but buyers have time to inspect, negotiate, and walk away. Sellers should price to the comps and expect a measured timeline rather than a bidding war.

Figures in this note are as of July 18, 2026. The live market numbers elsewhere on this page update nightly and are newer.

Nearby homes for sale

No active listings inside Sylvan Estates 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.

609 Manor Place
$474K · 0.2 mi away
3 bd · 2 ba · 1,928 sqft
609 Manor Place
Listed by BHHS Florida Realty
578 Orange Grove Avenue
$350K · 0.3 mi away
3 bd · 2 ba · 1,802 sqft
578 Orange Grove Avenue
Listed by RE/MAX Elite
435 Lemon Grove Avenue
$425K · 0.3 mi away
3 bd · 2.5 ba · 1,980 sqft
435 Lemon Grove Avenue
Listed by aReal Estate Service Team
7870 Olive Grove Avenue
$535K · 0.3 mi away
5 bd · 3 ba · 2,486 sqft
7870 Olive Grove Avenue
Listed by 85 & Sunny Real Estate,PA
7937 Timberlake Drive
$935K · 0.4 mi away
4 bd · 3.5 ba · 3,698 sqft
7937 Timberlake Drive
Listed by Real Broker, LLC
816 Hunters Creek Drive
$340K · 0.5 mi away
3 bd · 2 ba · 1,598 sqft
816 Hunters Creek Drive
Listed by Waterman Real Estate, Inc.

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Sylvan Estates is a Melbourne pocket where the median lands in the low-$500s and homes take about two months to sell — a market that rewards patience on both sides of the table.

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.

Best for

  • Buyers around the low-$500s who want time to inspect and negotiate rather than rush
  • Value-focused buyers willing to weigh a home's condition and finish against its per-foot price
  • Sellers prepared to price to the comps and accept a roughly two-month timeline

Probably not for

  • Buyers needing a fast, competitive close in a hot market
  • Sellers expecting above-comp offers or a first-weekend sale
  • Buyers who want shared community amenities as part of the package

The market around Sylvan Estates

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

Across Brevard County, 4,089 homes are active and 1,281 pending (24% under contract).

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

Listing locations from Space Coast MLS. Map data © OpenStreetMap contributors.

If we were buying in Sylvan Estates today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Sylvan Estates.

Best Buy
Buyers who want negotiating room and time to do proper diligence.
Biggest Risk
A thin sample of recent sales makes any single price read approximate.
Sweet Spot
An updated home in the low-$500s priced honestly to condition.
Avoid If
You need a fast close or expect a quick bidding war.

A condition-driven market that takes its time

With a median near 63 days on market and a heat score of 43, Sylvan Estates leans toward balance rather than urgency. That's a useful posture for a buyer: there's room to do your diligence, ask for repairs, and let a slightly stale listing come back to a fair number. It's less forgiving for a seller who assumes a quick close — mispricing shows up as extra weeks on market here.

The closings window is thin — only 4 recent sales inform this snapshot — so treat these figures as a directional read, not a precise gauge. At roughly $271 per square foot, small differences in updates and finish move price meaningfully, which is why the median tells you the middle of the market but not what your specific home is worth. No community amenities surfaced in current MLS listings, so value here rests on the houses and the location, not shared facilities.

“

The location and the amenities are priced into every listing in Sylvan Estates. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

With only a handful of recent closings to lean on, pricing in Sylvan Estates is an interpretation, not a lookup. We read each comp for condition and finish, position your offer or your listing against a market that rewards patience, and tell you plainly when the numbers don't support the move.

Sylvan Estates in 15 seconds.

Best forBuyers who want negotiating room and time to do proper diligence.
Biggest advantageA balanced market with steady year-over-year support under values.
Biggest riskA thin sample of recent sales makes any single price read approximate.
Sweet spotAn updated home in the low-$500s priced honestly to condition.
Avoid ifYou need a fast close or expect a quick bidding war.
The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Sylvan Estates sales matched to your home.

What is your Sylvan Estates home worth?

Get a no-obligation home value based on real comparable sales in Sylvan 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 →

Real comps, not an automated estimate.
Buyers around the low-$500s who want time to inspect and negotiate rather than rushExcellent fit
Value-focused buyers willing to weigh a home's condition and finish against its per-foot priceExcellent fit
Sellers prepared to price to the comps and accept a roughly two-month timelineExcellent fit
Buyers needing a fast, competitive close in a hot marketProbably not
Sellers expecting above-comp offers or a first-weekend saleProbably not
Buyers who want shared community amenities as part of the packageProbably not

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: November 12, 2026)
Under-contract sharesSpace Coast MLS records, as of 2026-11-08

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. A Momentum agent can price yours against live local comps.

Looking to buy here? Search homes for sale →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

By submitting, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call, email, and text you about your inquiry, which may involve automated means and prerecorded or artificial voices. You do not need to consent as a condition of buying any property, goods, or services. To opt out, reply STOP at any time or reply HELP for assistance. You can also click the unsubscribe link in emails. Message and data rates may apply. Message frequency may vary. See our Privacy Policy and SMS Terms.or call (904) 351-6461
CallFree valuation →

More on Sylvan Estates

Email me new listings in Sylvan 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.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about Sylvan Estates

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Sylvan Estates will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

What it really costs to own in Sylvan 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 taxCurrent owners' bills run a median of $4,555/yr across 3 listings here (MLS tax records, 2026-11-13).
Home and flood insuranceThe 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 ageMedian build year 1963 across 3 listings. An original roof here would be about 63 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.

Housing distress & ownership in Sylvan Estates, Melbourne

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 3 listings
Distress share trend — 0.0% now (2026-09-13 → 2026-11-08)

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.

Nearby Communities

Explore more neighborhoods near Sylvan Estates with Momentum Realty’s local guides.

PGPine Gardens0.1 mi away · 43 homes, built 1963–24SESylvan Estates0.2 mi away · 6 homes, built 2024–24, 1 for salePLPine Lake Estate0.3 mi awayMVMelbourne Village Gardens0.3 mi away · 98 homes, built 1944–24Melbourne Gardens0.3 mi away · 22 homes, built 1952–09FFloyds0.4 mi away · 82 homes, built 1935–18

Browse all neighborhood guides →

Talk to a Local Sylvan Estates Expert
Call Get Listings