University Park
Homes for Sale in Melbourne, FL

All 738 homes for sale in Melbourne, FL · median $396,950 · 108 homes for sale in 32901 · Brevard County homes for sale

Community in Melbourne · Brevard County · ZIP 32901
132 homesBuilt 1956–2011
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Built fromLive Space Coast MLS data18 years of closingsFL DOR public recordsUpdated twice daily

As of October 2026, the MLS records 30 closed sales in University Park Replat Of Pt Of in Melbourne, FL since 2008, the most recent in May 2026. Recorded prices since 2024 ran from $180,000 to $461,959 (median $237,500), on homes of 1,092 to 1,923 sq ft. Across Melbourne as a whole, 1,127 homes closed in the last 12 months at a median of $385,000, 44 median days on market, with 229 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $3,710 ($3,080 with the full homestead exemption).

University Park Replat Of Pt Of key facts
LocationMelbourne, Brevard County, FL · ZIP 32901
Homes in the community132 (FL DOR 2025 assessment roll)
Years built1956–2011 (median 1964.0)
Typical living area1,856 sq ft (median)
Owner-occupied (homestead) share57%

Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2008 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “University Park Replat Of Pt Of key facts,” movewithmomentum.com/neighborhoods/university-park-replat-of-pt-of, data as of September 20, 2026.

Live · University Park Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
1
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
57%
Owner-occupied · University Park
76 of 133 parcels homesteaded (FL DOR 2025)
43%
Non-owner-occupied · University Park
incl. 10% trust or LLC-held · 6% out-of-state
132
Homes in the community
plus 1 vacant residential lots · 133 residential parcels (FL DOR 2025)
Track record · 18 years of records
7
Recorded sales · 2024-2025
median $238K · qualified sales on the county roll (FL DOR 2025)
Est. 1956
Community established
homes built 1956-2011, median 1964 (FL DOR 2025)
0.8%/yr
Turnover rate
about 1 of 132 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

University Park Replat is a small pocket subdivision inside Melbourne, and with a closing window this thin there is no clean statistical trend to lean on. Price here is set property by property, driven by condition, updates, and lot specifics rather than any community premium or amenity package. Treat any single sale as a data point, not a market.

For a buyer, that means the negotiation happens at the house level — inspect hard, price the work, and don't assume the last sale sets your number. For a seller, presentation and condition do the heavy lifting; a well-prepped home separates itself quickly in a place this compact, while a dated one waits for the right value buyer.

Nearby homes for sale

No active listings inside University ParkHomes for Sale in Melbourne, 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.

309 Amherst Avenue
$349K · 0.1 mi away
3 bd · 2 ba · 1,682 sqft
309 Amherst Avenue
Listed by Denovo Realty
2808 Forest Drive
$245K · 0.1 mi away
3 bd · 2 ba · 1,354 sqft
2808 Forest Drive
Listed by ITG Realty
2708 Reed Avenue
$335K · 0.2 mi away
3 bd · 2 ba · 1,398 sqft
2708 Reed Avenue
Listed by Home On Your Own Realty
720 Spring Oak Drive
$520K · 0.2 mi away
4 bd · 3 ba · 2,348 sqft
720 Spring Oak Drive
Listed by Dream Realty
2622 Canary Isles Drive
$554K · 0.2 mi away
3 bd · 2 ba · 2,310 sqft
2622 Canary Isles Drive
Listed by One Sotheby's International
2504 Plantation Drive
$389K · 0.3 mi away
4 bd · 2 ba · 1,585 sqft
2504 Plantation Drive
Listed by Blue Marlin Real Estate

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

The 60-Second Overview

This is a compact Melbourne subdivision in Brevard County with no community amenities identified in current MLS listings, so the value proposition is the home and the location itself rather than shared facilities.

Space Coast MLS sales records identify 179 homes in University Park that have changed hands since 2004, built between 1957 and 2025 (median 1958), with a median living area of about 1,192 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. 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.

County records show 7 qualified sales in University Park across 2024–2025 (5 in 2024, 2 in 2025), median $237,500 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

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 seeking a Melbourne home without ongoing amenity fees
  • Value-focused buyers willing to budget for updates and renovation
  • Owner-occupants who care more about the specific house than a subdivision brand

Probably not for

  • Buyers who want pools, clubhouses, or other shared amenities
  • Buyers who rely on abundant recent comps to justify an offer
  • Anyone wanting a turnkey home with no appetite for condition variance

The market around University Park

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

In ZIP 32901, 139 homes are on the market and 24% are under contract — a steady corner of Melbourne.

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

In ZIP 32901 (Melbourne), 194 homes closed in the last 12 months at a median of $290K ($202/sq ft), down 6.8% year over year, with a median 54 days on market. Right now 10 active and 5 pending listings put supply at about 3.4 months — a balanced market. See the live ZIP 32901 housing market and the Brevard County market.

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

If we were buying in University Park 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 University Park.

Best Buy
Buyers who want a standalone home in Melbourne without HOA amenity costs.
Biggest Risk
Thin sales history makes comps scarce and pricing harder to pin down.
Sweet Spot
A well-maintained or updated home priced to its condition.
Avoid If
You need community amenities or deep recent-sales data to feel confident.

A house-by-house market

With only a couple of closings in the tracked window and no amenity infrastructure to standardize value, pricing here is almost entirely condition-driven. Expect a wide spread between a renovated home and one that needs work, and don't read a range into a market this small — each sale tells you about that specific property, not the block.

The upside of a subdivision like this is straightforward ownership without HOA amenity carrying costs. The tradeoff is that comps are scarce, so both sides need a disciplined, property-specific valuation instead of relying on neighborhood averages.

“

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

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a subdivision with few recent sales and no amenity story, the number that matters is the one you build from the house in front of you. We price from condition and location, pull comps from beyond the plat when needed, and tell you plainly when a listing's asking price is out ahead of what the property supports.

University Park in 15 seconds.

Best forBuyers who want a standalone home in Melbourne without HOA amenity costs.
Biggest advantageValue is condition-driven, so a savvy renovation buyer can find room.
Biggest riskThin sales history makes comps scarce and pricing harder to pin down.
Sweet spotA well-maintained or updated home priced to its condition.
Avoid ifYou need community amenities or deep recent-sales data to feel confident.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the University Park 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 University Park.
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 University Park sales matched to your home.

What is your University Park home worth?

Get a no-obligation home value based on real comparable sales in University Park, 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.

Frequently Asked Questions

How many homes are in University Park?
The Florida DOR 2025 assessment roll shows 132 homes plus 1 vacant residential lots in University Park (public records).
What share of University Park is owner-occupied?
57% of University Park parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in University Park built?
Homes in University Park were built between 1956 and 2011, with a median year built of 1964.0 (FL DOR 2025 roll).
Who is the best real estate agent for University Park?
The best agent for University Park is one who actively works Melbourne and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for University Park.
How do I find a top Melbourne real estate agent who knows University Park?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows University Park and the wider Melbourne area.
Can Momentum Realty connect me with an agent for University Park?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your University Park purchase or sale - no call center and no pressure.
Where is University Park, and what county is it in?
University Park is in Melbourne, Brevard County, FL, ZIP 32901. The community's center is about 2 miles south of the center of Melbourne (straight-line).
Buyers seeking a Melbourne home without ongoing amenity feesExcellent fit
Value-focused buyers willing to budget for updates and renovationExcellent fit
Owner-occupants who care more about the specific house than a subdivision brandExcellent fit
Buyers who want pools, clubhouses, or other shared amenitiesProbably not
Buyers who rely on abundant recent comps to justify an offerProbably not
Anyone wanting a turnkey home with no appetite for condition varianceProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR assessment roll (street-list match (4 streets, ZIP 32901))
Under-contract sharesSpace Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2008 (30 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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Thinking of selling in University Park Replat Of Pt Of? 1 recorded closings (window ending 2026-09-20). See the Brevard County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near University Park with Momentum Realty’s local guides.

University Park0.0 mi away · median $261K, 12 sales/12 moUniversity Park0.0 mi away · 3 for saleSunset Park0.2 mi awayUPUniversity Park0.3 mi awayMeadowridge I0.3 mi away · 31 homes, built 1988–23Williamsburg0.3 mi away · 1 for sale

Browse all neighborhood guides →

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