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Updated October 16, 2026 11:14AM EST

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Days on MarketDOM

43Days | -16%
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Active InventoryAI

4,481 Homes | -20%
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Median Sales PriceMSP

$656,000 | 7%
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1,453 Homes | -5%
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1,132 Homes | -3%
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$1.5B | 25%
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3.6 Months | -28%
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1,062 Homes | -14%
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Monaco Estates Melbourne

A subdivision of Melbourne.

Total Homes : 132

Gated : No

Club Membership : No

No-Fee Community : No

Monaco Estates Melbourne Map

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Discover the Lifestyle of Monaco Estates Homes

Monaco Estates is an established residential subdivision in Melbourne, Florida, with approximately 132 homes. Located in the 32935 area, the community offers a compact residential setting with convenient access to shopping, dining, parks, recreation, and major roads throughout Melbourne.

Monaco Estates Homes for Sale consist of individually owned residences, with properties varying in architectural style, condition, renovations, landscaping, and other features. The neighborhood is divided into two recorded phases and is primarily associated with Maderia Circle and Cape Palos Drive.

About Monaco Estates

Monaco Estates is a standalone subdivision of Melbourne rather than a community within a larger master-planned development. The neighborhood is non-gated and does not require private club membership.

The community includes two recorded phases, Monaco Estates Phase One and Monaco Estates Phase Two. Its residential streets provide a compact neighborhood setting, while individual properties can differ in layout, updates, lot characteristics, and exterior features.

Monaco Estates is located in an established part of Melbourne, providing access to nearby commercial areas and the city’s broader network of roads. Interstate 95 and other major corridors connect the neighborhood with destinations throughout Brevard County.

History of Monaco Estates

Monaco Estates was developed in two recorded phases as part of Melbourne’s continued residential growth. Public records identify Monaco Estates Phase One and Phase Two, with Phase Two recorded in the mid-1990s.

The neighborhood has matured into an established residential subdivision, with individual homes renovated and maintained over the years. Detailed information about the original developer and early planning of the community is limited, so specific claims beyond the recorded subdivision history are best avoided.

Amenities

Monaco Estates is primarily a residential neighborhood, with limited publicly documented shared amenities within the subdivision. Its location provides access to Melbourne’s broader selection of recreation, shopping, dining, and coastal destinations.

  • Neighborhood setting: Monaco Estates includes approximately 132 homes within two recorded phases.
  • Residential streets: Maderia Circle and Cape Palos Drive are the primary streets associated with the community.
  • Nearby recreation: Melbourne offers parks, trails, outdoor recreation, and natural areas throughout the city.
  • Indian River Lagoon: Waterfront areas around the lagoon provide opportunities for boating, fishing, paddling, and other outdoor activities.
  • Atlantic beaches: Melbourne’s coastal location provides access to beaches and oceanfront recreation along the Space Coast.
  • Shopping and dining: Residents can reach restaurants, retail centers, grocery stores, and everyday services throughout Melbourne.
  • Regional attractions: The neighborhood’s central Brevard location provides access to destinations throughout Melbourne and the surrounding Space Coast.

Key Details

  • Community type: Residential subdivision
  • Total homes: Approximately 132
  • Property types: Residential homes
  • Recorded phases: Monaco Estates Phase One and Phase Two
  • Gated: No
  • Club membership: No
  • Parent community: None
  • Location: Melbourne, Florida 32935
  • Primary streets: Maderia Circle and Cape Palos Drive
  • Association: Verify current association information, dues, and property-specific requirements before purchase
  • Community fees: Verify current fees and obligations for the individual property

Nearby Communities

Wyndham Lake Estates is a smaller established Melbourne subdivision with approximately 22 homes. Its compact residential setting provides another option for buyers comparing established neighborhoods in the area.

Woodshire Preserve is a larger Melbourne subdivision with approximately 165 homes. Its established residential setting offers a different neighborhood scale for buyers comparing properties throughout Melbourne.

Woodland Oaks is another small Melbourne subdivision with approximately 24 homes. Its compact size provides an additional established residential option for buyers considering homes in the surrounding area.

Work with Echo Fine Properties

Explore available homes in Monaco Estates and compare current properties with other Melbourne communities. Echo Fine Properties can help you review individual homes, property features, association information, and nearby options as you evaluate a property in the area.

Monaco Estates Homes for Sale FAQs

Where is Monaco Estates located?

Monaco Estates is located in Melbourne, Florida, in the 32935 area. The subdivision is situated within an established part of the city with access to shopping, dining, parks, recreation, and major roads. The surrounding Space Coast also provides access to the Indian River Lagoon and Atlantic beaches.

How many homes are in Monaco Estates?

Monaco Estates has approximately 132 homes across two recorded phases. Individual residences can vary in architectural style, condition, renovations, landscaping, and lot characteristics, so available properties should be evaluated based on their specific features.

Is Monaco Estates a gated community?

No. Monaco Estates is a non-gated residential subdivision. There is also no private club membership requirement associated with the community.

What types of homes are in Monaco Estates?

Monaco Estates consists of residential homes rather than condominiums or a golf-oriented club community. Properties can vary in design, age, condition, updates, and lot characteristics. Buyers should review the details of each available residence individually.

Does Monaco Estates have an HOA?

Association information, fees, restrictions, and maintenance responsibilities should be verified for the specific property. Buyers should review current association documents and listing information before purchasing to confirm any applicable requirements.

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