Waterfront Communities in Melbourne Beach, FL
Looking for waterfront communities in Melbourne Beach, FL? Momentum tracks 19 Melbourne Beach communities with evidence of waterfront living, 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.
Melbourne Beach waterfront communities at a glance
The communities, by recent sales activity
| Community | City | Median price | 1-yr change | Days on mkt |
|---|---|---|---|---|
| Melbourne Shores · agent | Melbourne Beach | $770,000 | – | – |
| Sunnyland Beach · agent | Melbourne Beach | $654,000 | – | – |
| Floridana Beach · agent | Melbourne Beach | $576,000 | – | – |
| Island Shores of Melbourne Beach · agent | Melbourne Beach | $868,000 | – | – |
| Beach Woods · agent | Melbourne Beach | $344,000 | – | – |
| Floridana Beach · agent | Melbourne Beach | $426,000 | – | – |
| Sterling House of Melbourne Beach · agent | Melbourne Beach | $672,000 | – | – |
| Indian Landing · agent | Melbourne Beach | $482,000 | – | – |
| Village of Tramore · agent | Melbourne Beach | $420,000 | – | – |
| Cranes Point at Aquarina · agent | Melbourne Beach | $725,000 | – | – |
| River Walk by the Sea · agent | Melbourne Beach | $618,000 | – | – |
| St Andrews Village · agent | Melbourne Beach | $488,000 | – | – |
| Osprey Villas at Aquarina · agent | Melbourne Beach | $670,000 | – | – |
| Maritime Hammock · agent | Melbourne Beach | $1.39M | – | – |
| Averill Farms Subd · agent | Melbourne Beach | $595,000 | – | – |
| Sea Hawk Place at Aquarina · agent | Melbourne Beach | $1.60M | – | – |
| The Courtyard at Wexford · agent | Melbourne Beach | $500,000 | – | – |
| South Shores Riverside · agent | Melbourne Beach | – | – | – |
| Stonehedge | Melbourne Beach | – | – | – |
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.
What waterfront ownership really costs in Florida
Waterfront homes carry costs inland homes do not: flood insurance where the parcel sits in a FEMA special flood hazard area, higher windstorm premiums closer to open water, and upkeep for seawalls, docks and lifts. Before you offer, pull the FEMA flood zone for the specific parcel, ask for the seawall’s age and any inspection reports, and get an insurance quote in hand — not an estimate. Our wind mitigation savings calculator shows how inspection credits can offset part of the premium, and the buyer closing costs calculator builds insurance into your cash-to-close number.
Questions to ask about any waterfront listing
Is the water frontage deeded or association-owned? Is there a fixed bridge between the dock and open water, and what is the clearance? What did the seller pay for flood and wind coverage last year, and with which carriers? Has the seawall or dock been permitted and inspected? A local agent who works waterfront deals will know which canals hold depth at low tide and which carriers are writing in the area.
What it costs to own here
At Brevard County’s typical combined millage of 15.60 mills, a purchase at $618,000 (the median across these Melbourne Beach waterfront communities) generates roughly $9,643 a year in property tax before exemptions — about $804 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.
Explore more of Melbourne Beach
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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
Common questions
How many waterfront communities does Melbourne Beach, FL have?
What do homes in Melbourne Beach waterfront communities cost?
How does Momentum classify a community as one of the waterfront communities?
How much is home insurance in Brevard County?
What are property taxes like in Brevard County?
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.