Waterside At Suntree in Melbourne

Waterside At Suntree
Condos for Sale in Melbourne, FL

Community in Melbourne · Brevard County
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True comps, carrying-cost math, and listings before the portals.

Photo via Space Coast MLS

Built fromLive Space Coast MLS data22 years of closingsUpdated twice daily

As of September 2026, Waterside At Suntree Ph I in Melbourne, FL has 2 homes for sale. Homes listed or recently sold were built 1984 - 1984; 3 of 3 report an HOA (median $535/mo); none of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 32 ft).

Part of the Suntree master-planned community in Melbourne, FL — see all Suntree homes for sale (27 listings across 37 villages and sections in the MLS).

Live · Waterside At Suntree Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
24.0mo
Supply
3 to 6 months is the balanced band
0%
Under contract
Brevard: 28% (1,397 of 4,982)
2 · 0
For sale · pending
live counts, refreshed twice daily
1
Sold · last 12 mo
10-yr average: about 1 a year

Homes For Sale Right Now in Waterside At Suntree

Live MLS inventory for Waterside At Suntree. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Waterside At Suntree listings as of 2026-09-12, priced high to low. Based on information from the Space Coast MLS for the period %s through %s. Tap any home to ask about it.

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Waterside at Suntree Phase I is a fully matured amenity community in east Melbourne with virtually no liquidity - two years' worth of supply at the current sales pace tells you this isn't a place where inventory turns over. When something does come to market, pricing is idiosyncratic: age, floorplan, and finish level matter more than the comp sheet because there simply isn't a steady drumbeat of sales to anchor values.

The 24-month supply puts this firmly in buyer-leaning territory, but 'leaning' understates it - you have time to be selective, and sellers who've held through this cycle know they need to meet the market. The amenity package is broad (pool, fitness, dog park, golf course access), and that lifestyle bundle is what you're really underwriting here, not appreciation velocity.

Waterside At Suntree Housing Pulse · Momentum Research · as of July 15, 2026

Waterside At Suntree right now

🟢 Buyer-leaning market. 24.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Space Coast MLS records, as of July 15, 2026. Confidence: Low (2 active and pending listings, 1 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 15, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

A low-turnover, amenity-rich enclave in Melbourne with a deep buyer's market and pricing that reflects condition and individual home features more than neighborhood momentum.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • Buyers planning a long hold who value amenities and aren't banking on rapid appreciation.
  • Negotiators with time to wait for the right home and the patience to work a slow market.
  • Households prioritizing maintained grounds and shared facilities over resale velocity.

Probably not for

  • Investors chasing short-term flips or markets with tight inventory and fast turns.
  • Buyers who need lots of choice - two active listings is the current reality.
  • Anyone counting on strong appreciation driven by neighborhood demand or new construction energy.

The market around Waterside At Suntree

Waterside At Suntree is too small for its own price trend, so here is the market around it.

Across Brevard County, 3,585 homes are active and 1,397 pending (28% under contract).

ZIP and county figures describe the wider market, not Waterside At Suntree specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in Waterside At Suntree Ph I, Melbourne

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
7.69%
1 of 13 listings · short sale 1
Distress share trend - 7.69% now (2026-08-10 → 2026-09-11)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on information from the Space Coast MLS for the period September 2026 through September 2026. Deemed reliable but not guaranteed.

Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

Community amenities as reported across Space Coast MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

Schools

In short
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Suntree · Elementary
  • DeLaura · Middle
  • Viera · High

Zoned schools reflect the assignments reported on recent Waterside At Suntree listings and can change; always confirm with Brevard County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Waterside At Suntree address.

If we were buying in Waterside At Suntree today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Waterside At Suntree.

Best Buy
Buyers who want amenity access and negotiating room in a mature, low-turnover setting.
Biggest Risk
Resale liquidity is thin; this is a place you stay, not a place you trade up from quickly.
Sweet Spot
A buyer who will use the pool, fitness, and golf access and plans to hold long-term.
Avoid If
You need a liquid resale market or expect home values to move on neighborhood momentum.

What the supply number really means

Twenty-four months of inventory is extreme by Florida standards - it signals a community where owners rarely move and buyers aren't in a hurry. Only two active listings means choice is narrow, but the ultra-slow absorption tells you sellers have little negotiating leverage. If you find the right home here, you're not competing against other offers; you're working a one-on-one transaction where the appraisal and your inspection findings carry real weight.

The amenity roster - maintained grounds, a pool, fitness center, dog park, and proximity to a golf course - positions Waterside as a lifestyle buy, not a flip candidate. Maintenance is off-site and includes both grounds and structure, so your HOA fee is doing work; verify the current assessment and reserve health before you write an offer. The park and playground suggest the community was designed with a range of household types in mind, but these features also mean your dues support infrastructure you may or may not use.

Location is Melbourne proper in Brevard County, which puts you in the Space Coast orbit - commutes to Patrick Space Force Base or the broader tech corridor are feasible, and you're a reasonable drive from the beach. But this isn't a high-churn commuter suburb; it's a settled neighborhood where pricing hinges on the condition and updates of the individual home, not on hot market tailwinds.

The location and the amenities are priced into every listing in Waterside At Suntree. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market this slow, you need a broker who will tell you when to walk and who knows how to extract value in a negotiation where time is on your side. We'll run the HOA financials, comp the home against the handful of recent sales that exist, and help you structure an offer that reflects the two-year supply reality. If you're selling, we'll price for the market that is - not the one you wish existed - and find the patient buyer who values what Waterside actually offers.

Waterside At Suntree in 15 seconds.

Best forBuyers who want amenity access and negotiating room in a mature, low-turnover setting.
Biggest advantageThe 24-month supply gives you time and leverage - no bidding wars, no pressure.
Biggest riskResale liquidity is thin; this is a place you stay, not a place you trade up from quickly.
Sweet spotA buyer who will use the pool, fitness, and golf access and plans to hold long-term.
Avoid ifYou need a liquid resale market or expect home values to move on neighborhood momentum.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Waterside At Suntree sales matched to your home.

What is your Waterside At Suntree home worth?

Get a no-obligation home value based on real comparable sales in Waterside At Suntree, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Melbourne →

Real comps, not an automated estimate.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Brevard County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,164/mo
Brevard County typical true cost to own
$196/mo
Brevard County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

Waterside at Suntree Market Scorecard

Buyer-Leaning Market (limited data)

Waterside at Suntree is currently a buyer-leaning market (limited data). Limited supply, a median asking price of $330,000.

n/a
Months supply
$330,000
Median list
n/a
Median sold
n/a
Per sqft
n/a
Days on mkt
3/0/0
Active/Pend/Sold

Typical home value in the 32940 ZIP is $492,859, about 7.2% below the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Based on information from the Space Coast MLS for the period 2026 through 2026-09-12. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Is Waterside At Suntree a buyer's or seller's market right now?
As of July 15, 2026, Waterside At Suntree leans toward buyers: 24.0 months of supply at the current sales pace (Space Coast MLS live counts).
Who is the best real estate agent for Waterside At Suntree?
The best agent for Waterside At Suntree is one who actively works Melbourne and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Waterside At Suntree.
How do I find a top Melbourne real estate agent who knows Waterside At Suntree?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Waterside At Suntree and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Waterside At Suntree?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Waterside At Suntree purchase or sale - no call center and no pressure.
Buyers planning a long hold who value amenities and aren't banking on rapid appreciation.Excellent fit
Negotiators with time to wait for the right home and the patience to work a slow market.Excellent fit
Households prioritizing maintained grounds and shared facilities over resale velocity.Excellent fit
Investors chasing short-term flips or markets with tight inventory and fast turns.Probably not
Buyers who need lots of choice - two active listings is the current reality.Probably not
Anyone counting on strong appreciation driven by neighborhood demand or new construction energy.Probably not

Nearby Communities

Explore more neighborhoods near Waterside At Suntree with Momentum Realty’s local guides.

Country Walk At Suntree Stage 8 Tract 64 Pud Melbourne0.3 mi awayFMFoxhall Melbourne0.3 mi awayRWRegents Walk Melbourne0.4 mi awayVEVizcaya Estates Melbourne0.5 mi awayELEagles Landing At Suntree Melbourne0.9 mi awayCPCasabella Phase Three Melbourne0.9 mi awaySLSuntree Lakes Ph Ii Melbourne0.9 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: September 12, 2026)
Under-contract sharesSpace Coast MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2004 (39 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Space Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Space Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.

Looking to buy here? Search homes for sale →

What’s your home worth in your area?

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CallFree valuation →
Thinking of selling in Waterside At Suntree Ph I? 1 recorded closings (window ending 2026-07-15). See the Brevard County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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