Sunset Bay Subd Homes for Sale

Sunset Bay Subd is a residential community in Melbourne Beach, Florida. Active listings are currently priced from $2.1M–$2.1M.

Pure Equity Realty covers Sunset Bay Subd and the Melbourne Beach area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 2 Sunset Bay Subd Melbourne Beach homes for sale as of October 2026. The median asking price is $2.3M. Asking prices run from $2.1M to $2.5M.

That is 8% below the Melbourne Beach median of $2.5M. On a per-foot basis, homes here ask about $614 per square foot, compared with $786 across Melbourne Beach. So the median price buys roughly 3,750 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 151 days on the market. That is faster than the Melbourne Beach average of 212 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Sunset Bay Subd date from 1925 to 2008. That puts them between 18 and 101 years old.

The range straddles 2002, when Florida adopted its statewide building code. Therefore two similar-looking homes here can carry very different insurance premiums. Ask for the wind mitigation report on any home you consider, since it drives much of that difference.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Here is what the median Sunset Bay Subd price means in Florida closing terms. At $2.3M, a 20% down payment comes to about $460,000, leaving a loan near $1.84M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $6,440. Next, the intangible tax of 0.2% adds about $3,680. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Sunset Bay Subd median, that is about $16,100.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.