Deer Lakes

Deer Lakes is a community of single family homes in Melbourne, Florida, with a range of options priced between $149,000 and $479,999. There are currently a total of 3 homes for sale in Deer Lakes. The smallest Deer Lakes home presently available is a three bedroom two bathroom residence that is 1,702 square feet (1,492SF Under Air living space), and the largest of the Deer Lakes homes currently on the market has three beds and two baths and is a 3,000 square foot (2,566SF Under Air) residence.

Property management fees in Brevard County vary depending on the community and sometimes vary between homes in the community. The current HOA fees for homes in Deer Lakes range from $420 to $435. This fee includes common area maintenance, grounds maintenance, landscaping, and the community pool. Please check the individual listing pages for the exact homeowners association fees for a particular Deer Lakes home.

Deer Lakes amenities include a clubhouse, and swimming pool.

The Deer Lakes HOA rules do allow homeowners to have pets. Dogs and cats are allowed.

There are four commercial airports that serve Deer Lakes - Melbourne Orlando International (MLB), which is seven miles away; Vero Beach Regional (VRB), which is 41 miles away; Orlando International (MCO), which is 42 miles away, and Kissimmee Gateway (ISM), which is 47 miles away from Deer Lakes.

Deer Lakes real estate activity on the Melbourne MLS during the past year (as of February 2026) reflects three homes changing hands, with an average asking price of $432,663 and an average selling price of $428,333. This represents a healthy list-to-sell price ratio of 99% and $187 per square foot. During this period, Deer Lakes homes for sale have taken an average of 142 days to sell.

In addition, there are numerous other communities in Melbourne to choose from, or you may browse all available Melbourne Real Estate, including some new construction opportunities. Homes for sale in Deer Lakes are selling quickly. Set up a new listing alert, and we will notify you immediately when a new home in Deer Lakes hits the market. You can also always contact your ZFC Real Estate agent, who would happily assist you further with all your Space Coast real estate needs.

Deer Lakes Homes For Sale

Reduced

$398,000

$415,000

MLS#1067826

5392 Outlook Drive
Melbourne, FL 32940

3

2

2

1,643 SqFt

0.2 Acres

19 Days

Reduced

$379,900

$399,900

MLS#1060597

3401 Deer Lakes Drive
Melbourne, FL 32940

3

2

2

1,508 SqFt

0.17 Acres

112 Days

Reduced

$369,000

$380,000

MLS#1065002

5133 Outlook Drive
Melbourne, FL 32940

3

2

2

2,150 SqFt

0.13 Acres

16 Days

3 Active Listings in Deer Lakes