New Construction Communities in Brevard County, FL
Looking for new construction communities in Brevard County, FL? Momentum Realty tracks 27 Brevard County communities with evidence of new-build activity, each with MLS-derived pricing and market pace below — plus the local questions worth asking before you buy, and a direct line to an agent who works these communities.
Brevard County new construction communities at a glance
The communities, by recent sales activity
| Community | City | Median price | 1-yr change | Days on mkt |
|---|---|---|---|---|
| The Timbers at Everlands · agent | Palm Bay | $327,000 | – | – |
| Cypress Bay West Freedom · agent | Palm Bay | $349,000 | – | – |
| Reeling Park · agent | Viera | $642,000 | – | – |
| Laurasia · agent | Melbourne | $1.19M | – | – |
| Crystal Bay Phase Two · agent | Grant-Valkaria | $375,000 | – | – |
| Avalonia · agent | Melbourne | $430,000 | – | – |
| Farallon Fields · agent | Viera | $695,000 | – | – |
| Avon By The Sea · agent | Cape Canaveral | $622,000 | – | – |
| Island Forest Preserve · agent | Merritt Island | $582,000 | – | – |
| Country Club Estates (Palm Bay) · agent | Palm Bay | $540,000 | – | – |
| The Lakes at St. Sebastian · agent | Micco | $384,000 | – | – |
| Brookshire · agent | Titusville | $415,000 | – | – |
| Adelaide · agent | Rockledge | $2.60M | – | – |
| Reserve at Country Club Lakes Estates · agent | Palm Bay | $443,000 | – | – |
| Tillman · agent | Palm Bay | $334,000 | – | – |
| Indian River Preserve · agent | Mims | $453,000 | – | – |
| Riverwalk of Cocoa · agent | Cocoa | $680,000 | – | – |
| Huntington Park · agent | Titusville | $377,000 | – | – |
| Harvest Landing · agent | Rockledge | $385,000 | – | – |
| Courtyard at Waterstone · agent | Palm Bay | $377,000 | – | – |
| Hidden Harbor Estates · agent | Melbourne | $428,000 | – | – |
| Richmond Cove · agent | Palm Bay | $315,000 | – | – |
| Vue at Satellite Beach · agent | Satellite Beach | $728,000 | – | – |
| Aripeka · agent | Melbourne | $1.70M | – | – |
| Kaia Residence · agent | Cocoa Beach | $665,000 | – | – |
Communities are listed by recent closing volume in Momentum’s MLS data. Figures are aggregates, change over time, and are deemed reliable but not guaranteed.
Every other tracked new construction communities in Brevard County
Buying new construction without leaving money on the table
Builders in these communities are competing on incentives — rate buydowns, closing-cost credits, and price adjustments. The right comparison is never sticker price: a $20,000 rate buydown and a $20,000 price cut produce different monthly payments. Run the actual trade with our builder incentive calculator before you sign.
The two costs new-construction buyers miss
First, property taxes: year one is often billed on the unimproved lot, then the assessment resets to your purchase price — model the real year-two bill with the property tax after purchase calculator. Second, CDD bonds: many new communities carry a community development district assessment on the tax bill for decades. Ask for the CDD annual amount and remaining term in writing, and always use your own inspector at the pre-drywall and final stages — builder warranties are not a substitute.
What it costs to own here
At Brevard County’s typical combined millage of 15.60 mills, a purchase at $443,000 (the median across these new construction communities) generates roughly $6,912 a year in property tax before exemptions — about $576 a month. Florida resets the assessed value to roughly your purchase price, so the seller’s current bill is not a preview of yours; a homesteaded owner then gets the $25,000–$50,000 exemption and the 3% Save Our Homes cap going forward. Citizens Property Insurance policies in Brevard County average about $2,348 a year ($196 a month) — private-market quotes vary with roof age and wind mitigation, so price coverage before your inspection window closes. All-in, our county model puts the typical monthly cost of ownership in Brevard County near $2,120 (principal and interest on the typical home, tax, and insurance).
Run your exact numbers: the property tax after purchase calculator uses Brevard County’s verified millage, and the buyer closing costs calculator builds the full cash-to-close.
Demand and supply in Brevard County right now
In the most recent IRS migration data (2022-2023), Brevard County gained a net 10,298 people to relocation, with the largest inbound flows from NY, CA, TX. Households moving IN reported average incomes of $80,978 versus $68,374 for those leaving — the income mix of demand, straight from tax filings. Population is up about 7.6% over the recent multi-year window. On the supply side, builders pulled 4,624 residential permits in Brevard County in 2025 (3,376 single-family), up 0.5% year over year — against 6,537 at the 2023 peak. Permits are tomorrow’s inventory: a shrinking pipeline supports prices, a swelling one hands buyers leverage. Our valuation model reads the county as undervalued by about 7.7% versus its income-and-rent fundamentals.
The Brevard County market, in context
Brevard County is the Space Coast — a 72-mile stretch of Atlantic beaches riding an aerospace boom led by SpaceX, Blue Origin, and L3Harris, anchored by Kennedy Space Center. The master-planned community of Viera has become one of the top-selling in the country, the beaches remain relatively attainable, and a wave of high-paying space-and-defense jobs is fueling some of the strongest population and demand growth in Florida.
The economy behind the market: {'drivers': 'aerospace and space launch, defense, advanced manufacturing, and healthcare', 'summary': "Brevard's economy is built on space and defense and is booming. L3Harris is headquartered in Melbourne and is the area's largest employer; Kennedy Space Center and NASA anchor the launch corridor; and the private space race has brought enormous expansion from SpaceX and Blue Origin — whose 'Project Horizon' is adding an 830,000-square-foot facility and roughly 500 jobs at high average salaries. Boeing, Lockheed Martin, Northrop Grumman, Embraer, Collins Aerospace, and Leonardo DRS round out one of the densest aerospace clusters in the country, with Health First anchoring healthcare.", 'employers': ['L3Harris Technologies (Melbourne HQ — largest employer)', 'Kennedy Space Center / NASA', 'Blue Origin (~4,000; Project Horizon expansion)', 'SpaceX', 'Health First', 'Northrop Grumman', 'Embraer', 'Collins Aerospace', 'Brevard Public Schools'], 'jobNote': 'L3Harris is headquartered in Melbourne; SpaceX and Blue Origin are in rapid, high-wage expansion across the launch corridor.'}
What could change it: As a barrier-island-and-lagoon county, Brevard carries real hurricane, storm-surge, and coastal-flood exposure, and the health of the Indian River Lagoon is an ongoing environmental concern. Insurance is rising as everywhere in coastal Florida. The economy, while booming, is concentrated in aerospace and defense — far more diversified than in past decades, but still sensitive to federal space and defense budgets.
Near-term outlook: Brevard is positioned as one of Florida's stronger growth stories over the next 12 months: the SpaceX/Blue Origin/L3Harris hiring wave is pulling in high-income households faster than housing can be built, supporting both prices and rents. Expect demand to stay firm, with the main brakes being coastal insurance costs and affordability creeping up from a low base.
Run the numbers in Brevard County
- Find the best agent in Brevard County
- Get a cash offer in Brevard County
- Brevard County housing scorecard
- What would selling net you
- Buyer closing costs calculator
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Common questions
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Community classifications are compiled from MLS-reported amenities, verified amenity records and MLS build-year data, as of 2026-06-16; they are informational, change over time, and are deemed reliable but not guaranteed — verify details with each association. Not an offer of housing to any protected class to the exclusion of others. Equal Housing Opportunity.