University Park
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.
University Park Replat Of Pt Of 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 686 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).
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.
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 University Park 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.
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.
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.
Who University Park is best for.
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.
Across Brevard County, 4,089 homes are active and 1,281 pending (24% under contract).
ZIP and county figures describe the wider market, not University Park specifically. Momentum Research analysis of MLS records.
The University Park buying strategy.
If we were buying in University Park 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 University Park.
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.
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.
Tools for a University Park 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 University Park sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in University Park, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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 →
Should you buy in University Park?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | Space 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.
Recent Developments in University Park Replat Of Pt Of
Development, infrastructure, retail, and school activity affecting University Park Replat Of Pt Of, 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 5 miles northwest of University Park Replat Of Pt Of, 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 project is about 14 miles northwest of University Park Replat Of Pt Of, elsewhere in Brevard County.
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 less than a mile north of University Park Replat Of Pt Of.
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 northwest of University Park Replat Of Pt Of, 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 5 miles west of University Park Replat Of Pt Of, 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 4 miles northwest of University Park Replat Of Pt Of, 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.
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