Waterford Bay
Condos for Sale in Melbourne Beach, FL
All 134 homes for sale in Melbourne Beach, FL · median $739,450 · 28 condos for sale in Melbourne Beach · 132 homes for sale in 32951 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 4 closed sales in Waterford Bay Condo Ph Ii in Melbourne Beach, FL since 2011, the most recent in July 2020. 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).
Waterford Bay Condo Ph II sits in Melbourne Beach, and what drives price in a small condo community like this is almost entirely unit-level: floor, exposure, interior condition, and how recently the kitchen and baths were touched. Because the current listing snapshot shows no distinguishing community amenities, the building's appeal rests on the units themselves and the location rather than a shared amenity package.
For a buyer, that means underwriting the specific unit in front of you, not a community pitch — condition and layout will separate one listing from the next. For a seller, the takeaway is that presentation and updates carry the pricing conversation here, so a well-prepared unit has room to stand apart in a small pool of comparables.
Nearby homes for sale
No active listings inside Waterford BayCondos 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.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Waterford Bay Condo Ph II is a condominium community in Melbourne Beach, Brevard County, where value is set unit by unit rather than by any shared amenity draw.
Space Coast MLS sales records identify 7 homes in Waterford Bay Condo that have changed hands since 2011, built between 1983 and 2013 (median 1987), with a median living area of about 2,856 sq ft and a typical 3-bedroom, 3.5-bath layout. 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.
Who Waterford Bay Condo is best for.
Best for
- Buyers wanting a coastal-adjacent Melbourne Beach condo who will underwrite the individual unit
- Budget-conscious buyers content to skip on-site amenities in exchange for location
- Buyers who value condition and layout over shared community features
Probably not for
- Buyers set on a pool, clubhouse, or resort-style amenity package
- Buyers wanting a single-family home with a yard rather than a condo
- Buyers unwilling to vet association rules, reserves, and fees before purchasing
The market around Waterford Bay Condo
Waterford Bay 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 Waterford Bay Condo specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Waterford Bay Condo Ph Ii, Melbourne Beach
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 September 2026 through September 2026. Deemed reliable but not guaranteed.
The Waterford Bay Condo buying strategy.
If we were buying in Waterford Bay Condo 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 Waterford Bay Condo.
A condition-driven condo market
With no community amenities identified in current MLS listings, there is no pool, clubhouse, or shared feature carrying the price. That puts the weight on each individual unit — its condition, updates, layout, and where it falls within the building. Expect a wide spread between a dated unit and an updated one, even inside the same phase.
Location does part of the work here: Melbourne Beach is a coastal-adjacent setting in Brevard County, and proximity to the water and local roads matters more than any on-site feature. Buyers should read each listing on its own merits and confirm the association's rules, reserves, and fees before committing.
The location and the amenities are priced into every listing in Waterford Bay Condo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a small condo community with no amenity story to lean on, the deal lives in the details — unit condition, association health, and honest comparables. We price and negotiate off the specific unit, not a brochure, and we will tell you plainly when a listing does not justify its number.
Waterford Bay Condo in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Waterford Bay Condo 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 Waterford Bay Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Waterford Bay Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Waterford Bay Condo home worth?
Get a no-obligation home value based on real comparable sales in Waterford Bay 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 →
Should you buy in Waterford Bay Condo?
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 2026-09-20 |
| Historical depth | Closed-sale records back to 2011 (4 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.
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See how Waterford Bay Condo Ph Ii fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about Waterford Bay
Where is Waterford Bay?
Waterford Bay is a community in Melbourne Beach, Brevard County, Florida, ZIP 32951.
Are there homes for sale in Waterford Bay right now?
No active listings inside Waterford Bay at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does Waterford Bay have an HOA or CDD?
No HOA is on record for Waterford Bay 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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