Melbourne, Palm Bay and Malabar Real Estate and Homes for Sale on the MLS.

Melbourne Florida Real Estate Guide

Located in southern Brevard County, Melbourne and surrounding communities experienced significant growth in recent years.  The real estate boom motivated some home buyers to move to these coastal cities in search of affordable homes. Other areas of Brevard County where you can search homes for sale include Satellite Beach, Indian Harbour Beach, Indialantic, as well as Lotus, Tropic, Melbourne Beach, Aurora, Palm Shores, and Viera.

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If you're looking for an affordable new place to call home, then consider what Melbourne, Palm Bay and Malabar have to offer!  These communities on the central coast of Florida provide a hometown feel at reasonable prices.  Whether you are downsizing or upgrading to a larger house, you will likely find what you have in mind here.

Melbourne Florida MLSThe best place to start your real estate search is on the Florida multiple listing system (MLS) where you can view properties on the market for sale or rent.  Using the MLS, you can search for condominiums, villas, townhouses and single family homes located in the neighborhoods of Melbourne, Palm Bay and Malabar, Florida.

If a new construction home is what you're searching for, you will find plenty of new home builders throughout the area but especially in Palm Bay and Malabar where you're likely to pass by several spec homes built by area home builders to showcase their various home styles and floorplans.

While there is some new home construction in the greater Melbourne Florida area, be sure to consider the benefits of living in one of the older, more established neighborhoods.  These communities are located closer to downtown Melbourne, I-95 and the beaches.

Looking for a vacation home?  You'll find a large selection of condos and townhomes along the beach and Intracoastal Waterway in the popular communities of Indian Harbour Beach, Indialantic, Satellite Beach and Melbourne Beach.  Some beachfront condos may even prove to be good real estate investment properties if they can be rented during the season as short-term rentals.

If you own real estate in Melbourne, Palm Bay or Malabar and have decided it's time to sell, among the first steps you should take is to find out how much your home is worth before putting it up for sale.  

Melbourne Florida Real EstateBy knowing recent sales prices of homes that sold in your neighborhood along with the current asking prices of current homes for sale, you and your real estate agent will be able to make an educated decision as to how to properly price your house when it's listed on the MLS.

Want to get the most for your house?  Then prepare it for sale by repairing things that may show up on a home inspection report.  Try refreshing the front yard landscaping to maximize the home's curb appeal before photos are taken and put on the Melbourne Area Association of Realtors MLS.

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Residential communities in the northern section of Melbourne, FL include Windover Farms, Palm Shores, Live Oak, Pineda Crossing, Pebble Creek, Sherwood Forest, Wickham Forest, Greystone Phase II, Parkway Meadows, Croton Woods and Lake Washington Oaks.  You'll find a good selection of single family homes throughout these areas.

One of the things to take into consideration when buying a single family home is whether you want to live in a community that has a homeowners association (HOA) as these subdivisions/developments have rules and regulations you are expected to abide by as a resident.  Condominium buildings have condo associations, most of which are managed by a property management company (a few are self-managed).  Maintenance fees are paid either on a monthly or quarterly basis.  Townhome-style properties usually have a condo association, though some have homeowners associations instead (usually less restrictive).  There are both pros and cons to living in a deed restricted community.  Ask your Realtor, friends, family or attorney for advice if you are undecided. 

Melbourne, FL, neighborhoods near or on the Intracoastal Waterway (ICW) include Honeybrook Plantation, Eastwood Park, Grandview Shores, Wickham Oaks and Rivermount, all of which are just off Harbor City Blvd./Route 1 and north of the Eau Gallie Causeway (Rt. 518).  If your preference is to find a home near or on the Intracoastal that's south of the causeway, then consider the neighborhood of Loveridge which is by the Eau Gallie River and Elbow Creek and features Ballard Park which has tennis courts, basketball, covered picnic areas and a community boat ramp.  Other communities in the area include Almar, Indian River Bluff, Tradewinds Shores and Morningside.  A bit further south, near the Melbourne Causeway and still along the Intracoastal / Indian River Lagoon are the neighborhoods of Woodland, Johnson & Rodes as well as Riverview and Riverview Estates, which are by Crane Creek and Front Street Park (which also has community boat ramps).

South of Melbourne International Airport and just a bit inland from the Intracoastal Waterway (ICW) are the Melbourne home communities such as Magnolia Manors, Magnolia Heights, Country Club Estates (adjacent to the Melbourne Golf Course), Golf Park, University Park (next to the Florida Institute of Technology campus), Southgate, Briarwood Park, Sunset Homes (by Lipscomb Park), Lakeside, Crown Heights, Sunset Park, Feather Lakes (next to the Southwest Recreation Complex), Bayberry Estates, Whisperwood, Coventry and South Oaks.

West Melbourne may be a bit further from the Intracoastal Waterway and the beaches, but consider that you can find homes in neighborhoods that make for an easier commute should need quick access to I-95.  Among the subdivisions with easy access to I-95 are Greenwood Village, Sheridan Woods, Ashley Manor, Hunters Creek, and Greenwood Manor.  Other real estate communities in West Melbourne include Laila Park, Melbourne Estates, Woodhaven and Windover of West Melbourne as well as Hollywood Estates, Clements Woods and Highland Estates.  Additional neighborhoods in unincorporated Melbourne that are close to I-95/S.R. 9 include Lamplighter Village, Forest Glen, Minton's Corner, Burton Manor, June Park, Brandywine and Carriage Gate.

The City of Palm Bay, Florida has experienced amazing growth in recent years with much new home construction and the reselling/purchasing of many vacant lots, especially west of I-95.  In this area, most lot sizes are approximately a quarter acre with some half-acre lots interspersed among them, often located in the middle part of the block.  In the eastern end of Palm Bay, FL you'll find single family home neighborhoods with names such as Cathedral Oaks (near the Port Malabar Country Club & Golf Course), as well as Sleepy Hollow, Vista Oaks and Davis.  Palm Bay communities with access to or along the Intracoastal Waterway include The Shire, Tillman and Palm Bay Estates just off Rt. 1/Dixie Highway.  At Cape Malabar, located in the southeastern corner of Palm Bay on the ICW and just off the Indian River Lagoon Scenic Highway/Route 1 are a few condo buildings including the Rhum Cove Condominiums which overlook the Intracoastal and its private Rhum Cove Marina.

If you're searching for property with more of a "country" feel and in a less crowded area of southern Brevard County, consider Malabar, FL where there is much undeveloped land and most homes offer a good amount of privacy due to larger lots and plenty of trees between you and your neighbors.  Located southeast of Palm Bay and with only Malabar Road as a major east-west roadway, Malabar features the neighborhoods of Brook Hollow (which is just around the corner from the Turkey Creek Sanctuary), along with Country Cove, JJ Pollarks, Oakhurst.  Take some time to enjoy Route 1, also known as Indian River Lagoon Scenic Highway.  If you veer off onto Rocky Point Road in Malabar, you'll pass by about a half-dozen waterfront homes, most with docks that stretch out into the Intracoastal Waterway.

In July 2006 the previously unincorporated communities of Grant and Valkaria (located immediately south of Malabar, Florida) joined together to become the town of Grant-Valkaria.  This is a rural area where the population is low and the lot sizes of houses are large (1+ acres).  Generations of families in Grant have enjoyed a fishing village lifestyle and have been holding the popular "Grant Seafood Fest" (a seafood festival held annually in late February/early March since 1966).  Additionally, since 2002, Grant has also hosted the "Grant BBQ Fest" in September at the Grant Community Club.  The Brevard County owned Habitat Golf Course is located adjacent to the Valkaria Airport which is only for small general aviation aircraft.  Near the airport you'll find the residential neighborhoods of Tadlock, Valkaria Heights, Pomello Range and Bear Creek.  Just off Grant Rd. you'll find the home communities of Lake Ridge, Cypress Creek and Jorgensen.

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About Southern Brevard County

Employment-wise, you'll find defense and technology companies so the area has a considerable population of high-tech workers.  Corporations with operations in Melbourne include General Electric Transportation Systems, Harris Corporation (headquarters), Liberty Aerospace, Northrop Grumman and Rockwell Collins.

Melbourne is also home to the Florida Institute of Technology.  Area residents seeking higher education can also attend Brevard Community College.

Outdoor enthusiasts and nature lovers can enjoy the 35 community and neighborhood parks around Melbourne, Florida.  Boating is very popular along the Intracoastal Waterway. Sports fans will appreciate that Melbourne is home to the Brevard County Manatees baseball club as well as the spring training location for the Washington Nationals.

Melbourne International Airport - Serving Florida's Space and Treasure Coasts!  Take some time to visit the aviation museum which features displays of the history of the airport including the time period when it operated as a Naval Air Station during World War II.  The museum is located across from the Runway Grille and open to passengers and the public.

Events/Happenings in the Greater Melbourne, Florida area / Brevard County: 

Space Coast Birding and Wildlife Festival is held in late January.

The Melbourne Arts Festival is held in April.

Here are some interesting and fun things to do in Melbourne, FL and Brevard County, Florida.

 

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