Waterford Pointe
Homes for Sale in Melbourne, FL
All 713 homes for sale in Melbourne, FL · median $399,900 · 273 homes for sale in 32940 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of November 2026, the MLS records 1 closed sale in Waterford Pointe in Melbourne, FL, the most recent in July 2026. 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).
The median in Waterford Pointe sits at $495,000, or about $289 per square foot, and that per-foot number is doing most of the talking. With no shared amenities pulling weight, price here is driven by the homes themselves — condition, square footage, and updates. Expect a wide spread around the median depending on how much work a given house has had.
At 42 days to a sale and a heat score of 30, this is a slower, more deliberate market, and prices are essentially flat year over year at -0.8%. For buyers, that means room to negotiate and time to inspect. For sellers, it means condition and pricing discipline matter — mispriced homes will sit, and the market is not bailing anyone out with momentum.
Figures in this note are as of July 15, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside Waterford Pointe 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 Pointe is a condition-driven Melbourne market with no identified community amenities, so value comes down to the individual home. A 42-day median days-on-market and a flat year-over-year read describe a patient, buyer-friendly setting rather than a bidding-war one.
Space Coast MLS sales records identify 54 homes in Waterford Pointe that have changed hands since 2005, built between 1995 and 2002 (median 1997), with a median living area of about 1,871 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 10 qualified sales in Waterford Pointe across 2024–2025 (6 in 2024, 4 in 2025), median $499,000 — 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.
Who Waterford Pointe is best for.
Best for
- Buyers around the mid-$490s who want time to inspect and negotiate rather than compete in a rush
- Value-focused buyers willing to take on an updatable home and capture the gap below the per-foot median
- Sellers with a genuinely well-maintained or updated home ready to price with discipline
Probably not for
- Buyers who require a pool, clubhouse, or gated community, since none are identified here
- Sellers expecting a bidding war or a quick above-ask close in a flat, 42-day market
- Anyone counting on rapid short-term price gains to justify the purchase
The market around Waterford Pointe
Waterford Pointe 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 Pointe specifically. Momentum Research analysis of MLS records.
The Waterford Pointe buying strategy.
If we were buying in Waterford Pointe 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 Pointe.
What actually moves price in Waterford Pointe
Because current MLS listings show no shared amenities, there is no clubhouse, pool, or gated entry premium baked into these prices. That puts the focus squarely on the house: updated kitchens and baths, roof and system age, and usable square footage. The $289 median per square foot is a useful anchor, but two homes at the same size can land well apart depending on condition.
The market posture is soft but stable. A -0.8% year-over-year figure is close to flat, and a 42-day median means well-prepared listings still transact — they just need honest pricing and clean presentation. This is a market that rewards diligence over urgency.
The location and the amenities are priced into every listing in Waterford Pointe. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a condition-driven market with a 42-day median and flat pricing, the difference between a good outcome and a stale listing is judgment on where a specific home falls against that $289-per-foot anchor. We price to the house, not the headline, and we use the slower pace to protect buyers on inspection and negotiation rather than rushing a deal.
Waterford Pointe in 15 seconds.
Tools for a Waterford Pointe 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 Pointe sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Waterford Pointe, 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 Pointe home worth?
Get a no-obligation home value based on real comparable sales in Waterford Pointe, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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| Location | Melbourne, Brevard County, FL · ZIP 32940 |
|---|---|
| Homes in the community | 68 (FL DOR 2025 assessment roll) |
| Years built | 1995–2002 (median 1998.0) |
| Typical living area | 2,519 sq ft (median) |
| Owner-occupied (homestead) share | 81% |
Data as of November 8, 2026. Based on information from the Space Coast MLS for the period 2026 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Waterford Pointe key facts,” movewithmomentum.com/neighborhoods/waterford-pointe--brevard, data as of November 8, 2026.
Housing distress & ownership in Waterford Pointe, Melbourne
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 November 2026 through November 2026. Deemed reliable but not guaranteed.
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Wimbledon Drive (28 homes on record)
- Wimbledon Drive (13 homes on record)
Email me new listings in Waterford Pointe
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Waterford Pointe
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Waterford Pointe will answer, and the answer is published on this page for the next buyer.
Recent Developments in Waterford Pointe Brevard
Development, infrastructure, retail, and school activity affecting Waterford Pointe Brevard, 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 7 miles northwest of Waterford Pointe Brevard, 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 16 miles northwest of Waterford Pointe Brevard, 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 about 3 miles north of Waterford Pointe Brevard.
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 5 miles northwest of Waterford Pointe Brevard, 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 6 miles northwest of Waterford Pointe Brevard, 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 6 miles northwest of Waterford Pointe Brevard, 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.
Frequently Asked Questions
How many homes are in Waterford Pointe?
What share of Waterford Pointe is owner-occupied?
When were the homes in Waterford Pointe built?
Who is the best real estate agent for Waterford Pointe?
How do I find a top Melbourne real estate agent who knows Waterford Pointe?
Can Momentum Realty connect me with an agent for Waterford Pointe?
Where is Waterford Pointe, and what county is it in?
Should you buy in Waterford Pointe?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32940)) |
| Under-contract shares | Space Coast MLS records, as of 2026-11-08 |
| Historical depth | Closed-sale records back to 2026 (1 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.
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