The Homestead
Condos for Sale in Melbourne Beach, FL

All 140 homes for sale in Melbourne Beach, FL · median $724,950 · 28 condos for sale in Melbourne Beach · 130 homes for sale in 32951 · Brevard County homes for sale

Community in Melbourne Beach · Brevard County · ZIP 32951
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Space Coast MLS data15 years of closingsUpdated twice daily

As of October 2026, the MLS records 6 closed sales in The Homestead Condo Ph Ii Iii Iv in Melbourne Beach, FL since 2011, the most recent in November 2022. 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 21 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).

Jon Brooks, founder of Momentum Realty
Jon's Current Read

The Homestead is a condominium community in Melbourne Beach, and with a barrier-island location like this, price is driven far more by the individual unit than by any headline number. Condition, floor level, interior updates, and proximity to the water do the heavy lifting here. We don't have a current price range to publish, so treat any unit as a case-by-case read rather than a community-wide sticker.

For buyers, the posture is do-your-homework: in a small condo community, the association's finances, reserves, and any pending assessments matter as much as the unit itself. For sellers, the play is condition and presentation, since that is what separates one Homestead unit from the next in a buyer's eyes.

Nearby homes for sale

No active listings inside The HomesteadCondos for Sale in Melbourne Beach, FL 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.

165 Heron Drive
$630K · 0.2 mi away
4 bd · 2 ba · 2,174 sqft
165 Heron Drive
Listed by Island Pineapple Realty, LLC
5875 Riverside Drive
$599K · 0.3 mi away
4 bd · 3 ba · 3,306 sqft
5875 Riverside Drive
Listed by Premier Properties Real Estate
275 Ibis Drive
$650K · 0.3 mi away
3 bd · 2 ba · 1,857 sqft
275 Ibis Drive
Listed by Compass Florida LLC
285 Ibis Drive
$695K · 0.3 mi away
4 bd · 3 ba · 2,180 sqft
285 Ibis Drive
Listed by Salt Water Realty of Brevard
5925 Riverside Drive
$725K · 0.3 mi away
4 bd · 3 ba · 2,216 sqft
5925 Riverside Drive
Listed by Denovo Realty
220 Cardinal Drive
$635K · 0.3 mi away
4 bd · 2.5 ba · 2,204 sqft
220 Cardinal Drive
Listed by Realty World Curri Properties

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

The 60-Second Overview

The Homestead is a phased condominium community in Melbourne Beach, Brevard County — a small, barrier-island address where the specific unit and the association's health carry the story more than any single market stat.

Space Coast MLS sales records identify 9 homes in The Homestead Condo that have changed hands since 2010, built between 1982 and 1983 (median 1982), with a median living area of about 913 sq ft and a typical 2-bedroom, 1-bath layout; 67% are condominiums. Source: Space Coast 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.

Best for

  • Buyers wanting a lower-maintenance coastal base near the beach
  • Buyers comfortable scrutinizing association budgets and reserves before offering
  • Buyers prioritizing an updated interior over shared amenities

Probably not for

  • Buyers who want a pool, clubhouse, or resort-style amenity package
  • Buyers seeking a detached single-family home with a private yard
  • Buyers who want to skip due diligence on dues, insurance, and assessments

The market around The Homestead Condo

The Homestead Condo is too small for its own price trend, so here is the market around it.

In ZIP 32951, 171 homes are on the market and 22% are under contract — a steady corner of Melbourne Beach.

Across Brevard County, 4,132 homes are active and 1,477 pending (26% under contract).

In ZIP 32951 (Melbourne Beach), 102 homes closed in the last 12 months at a median of $645K ($335/sq ft), down 6.7% year over year, with a median 60 days on market. Right now 28 active and 6 pending listings put supply at about 6.7 months — a buyer's market. See the live ZIP 32951 housing market and the Brevard County market.

ZIP and county figures describe the wider market, not The Homestead Condo specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in The Homestead Condo Ph Ii Iii Iv, Melbourne Beach

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 5 listings
Distress share trend — 0.0% now (2026-09-14 → 2026-09-19)

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 September 2026 through September 2026. Deemed reliable but not guaranteed.

If we were buying in The Homestead Condo 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 The Homestead Condo.

Best Buy
Buyers who want a Melbourne Beach condo footprint and will read the documents.
Biggest Risk
Condo association health and coastal insurance can move the real cost.
Sweet Spot
An updated unit in a community with clean, well-funded reserves.
Avoid If
You need resort amenities — none are identified in current listings.

A condo read on a barrier-island street

Current MLS listings identify no shared community amenities here, so you are buying the unit and the location — not a pool deck or clubhouse lifestyle. That keeps the focus where it belongs in a condo purchase: the interior, the building, and what the monthly dues actually cover.

In a phased condominium like this, the association is effectively your business partner. Before writing an offer, we push for the budget, reserve study, insurance posture, and any special-assessment history. Melbourne Beach's coastal setting also makes insurance and building maintenance central to the math, so read the documents closely.

“

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

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

A small coastal condo community rewards diligence over hype. We dig into the association documents, insurance, and reserves, compare units on condition rather than a single price point, and tell you plainly when a specific unit — or the community as a whole — isn't the right fit for your plan.

The Homestead Condo in 15 seconds.

Best forBuyers who want a Melbourne Beach condo footprint and will read the documents.
Biggest advantageA barrier-island address without single-family upkeep.
Biggest riskCondo association health and coastal insurance can move the real cost.
Sweet spotAn updated unit in a community with clean, well-funded reserves.
Avoid ifYou need resort amenities — none are identified in current listings.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the The Homestead Condos for Sale in Melbourne Beach, FL homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in The Homestead Condos for Sale in Melbourne Beach, FL.
In short
  • 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.

The takeaway

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

What is your The Homestead Condo home worth?

Get a no-obligation home value based on real comparable sales in The Homestead Condo, 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 →

Real comps, not an automated estimate.
Buyers wanting a lower-maintenance coastal base near the beachExcellent fit
Buyers comfortable scrutinizing association budgets and reserves before offeringExcellent fit
Buyers prioritizing an updated interior over shared amenitiesExcellent fit
Buyers who want a pool, clubhouse, or resort-style amenity packageProbably not
Buyers seeking a detached single-family home with a private yardProbably not
Buyers who want to skip due diligence on dues, insurance, and assessmentsProbably not

Data sources & freshness

Under-contract sharesSpace Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2011 (6 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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Common questions about The Homestead

Where is The Homestead?

The Homestead is a community in Melbourne Beach, Brevard County, Florida, ZIP 32951.

Are there homes for sale in The Homestead right now?

No active listings inside The Homestead at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.

Does The Homestead have an HOA or CDD?

No HOA is on record for The Homestead in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.

Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.

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