Waterford Place
Homes for Sale in Melbourne, FL

Waterford Place sits in Melbourne, in Brevard County, and reads as a house-driven market rather than an amenity-driven one — value tracks the individual property more than any communal feature.

Space Coast MLS sales records identify 63 homes in Waterford Place that have changed hands since 2005, built between 1994 and 2001 (median 1996), with a median living area of about 2,366 sq ft and a typical 4-bedroom, 2.5-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 8 qualified sales in Waterford Place across 2024–2025 (5 in 2024, 3 in 2025), median $650,000 — 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.

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

In ZIP 32940, 406 homes are on the market and 32% are under contract — a fast-moving corner of Melbourne.

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

In ZIP 32940 (Melbourne), 183 homes closed in the last 12 months at a median of $415K ($230/sq ft), with a median 37 days on market. Right now 43 active and 9 pending listings put supply at about 2.8 months — a balanced market. See the live ZIP 32940 housing market and the Brevard County market.

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

• Suntree · Elementary
• DeLaura · Middle
• Viera · High

Zoned schools reflect the assignments reported on recent Waterford Place listings and can change; always confirm with Brevard County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Waterford Place address.

The longer-run numbers tell the story of a steady, appreciating stretch: roughly 110% growth since 2012 and about 7.1% year over year through mid-2026. That kind of trajectory tends to reward homes that have been maintained and updated, because with no shared amenities to lean on, the property's own condition carries the value.

For buyers, that means budget for the house you actually see, not an average. A home near the median can price very differently depending on updates, and the per-square-foot figure of about $262 is a starting reference, not a rule. For sellers, presentation and honest pricing matter more here than elsewhere — the sub-30-day median rewards homes that hit the market clean and correctly priced.

Because this is a condition-driven market with a small recent closing window — only six closings in the current sample — comps here need interpretation, not just a spreadsheet. We read each property against its actual state of repair and updates, so buyers don't overpay for a tired home priced like a fresh one, and sellers don't leave money on the table by under-presenting.