Cypress Cove At Suntree A Condo in Melbourne

Cypress Cove At Suntree
Condos for Sale in Melbourne, FL

All 710 homes for sale in Melbourne, FL · median $389,950 · 88 condos for sale in Melbourne · 265 homes for sale in 32940 · Brevard County homes for sale

Community in Melbourne · Brevard County · ZIP 32940
Median sale $172K
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Live Market Pulse
25/100
Market Heat
Cooler than normal
2013 → 2026 · 81 at the 2022 peak
0 is Cypress Cove At Suntree A Condo's coldest market since 2013, 100 its hottest. Today: 25. How it's scored

Photo via Space Coast MLS

Built fromLive Space Coast MLS data18 years of closingsUpdated twice daily

As of September 2026, Cypress Cove At Suntree A Condo in Melbourne, FL has 9 homes for sale, asking from $145,000 to $249,000 (median $171,000). Over the 12 months ending 2026-09-20, 12 recorded sales closed at a median of $172,500, $188 per square foot, a median 68 days on market, sellers accepting 94% of original asking (-4% versus the prior year). Homes listed or recently sold were built 1990–1990; 21 of 21 report an HOA (median $375/mo); none of the 12 geocoded homes sit in a FEMA special flood hazard zone (median elevation 34 ft). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $2,690 ($2,070 with the full homestead exemption).

Part of the Suntree master-planned community in Melbourne, FL — see all Suntree homes for sale (49 listings across 55 villages and sections in the MLS).

Cypress Cove At Suntree A Condo key facts
LocationMelbourne, Brevard County, FL · ZIP 32940
Home types (current listings and sales)condos 100%
Amenities listed by sellersBarbecue, Playground, Spa/Hot Tub, Tennis Court(s), Trash, Fitness Center
Sale prices, last 12 months$172,500 median across 12 closed sales · $188 per sq ft · -4.2% vs the prior 12 months
Days on market (closed sales)68 median
For sale right now9 active, 0 pending · median asking $171,000 · 9.0 months of supply

Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2008 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “Cypress Cove At Suntree A Condo key facts,” movewithmomentum.com/neighborhoods/cypress-cove-at-suntree-a-condo, data as of September 20, 2026.

Last 30 days in Cypress Cove At Suntree: 2 closed sales (median $185,500). As of September 22, 2026, Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed by the MLS to be accurate.

Live · Cypress Cove At Suntree A Condo Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$172K
Median sold · 12 mo
down 4.2% vs the prior 12 months
-4.2%
1-yr price change
n = 12 and 15 sales in the two windows
$189/sf
Sold $/sqft · 12 mo
peak $211 in 2024
93.7%
Sale vs ask
+283%
T12M median vs 2012
from a $45K median in 2012
Tempo
9.0mo
Supply
3 to 6 months is the balanced band
68days
Median DOM · closed
4 days at the 2022 low
0%
Under contract
Brevard: 26% (1,477 of 5,609)
9 · 0
For sale · pending
live counts, refreshed twice daily
12
Sold · last 12 mo
10-yr average: about 17 a year
Track record · 18 years of records
915sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in Cypress Cove At Suntree A Condo

Live MLS inventory for Cypress Cove At Suntree A Condo. 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 Cypress Cove At Suntree A Condo listings as of 2026-09-22, priced high to low. Based on information from the Space Coast MLS for the period 2008 through 2026. Tap any home to ask about it.

Every Home for Sale in Cypress Cove At Suntree A Condo Right Now (8)

All 8 active and pending Cypress Cove At Suntree A Condo listings with a detail page, newest first, refreshed twice a day from the MLS.

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

Price here is driven almost entirely by unit condition and the specifics of each floor plan, not by amenities — the current listings show none identified. With a median around $172,000 and a median of roughly $191 per square foot, this is a condo market where an updated interior versus a dated one explains most of the spread between comparable units.

The posture right now favors patient buyers. A market heat score of 24 and a median 80 days on market tell you units sit, and the year-over-year median is down 5.6%. Sellers should price to the current comps and expect negotiation; buyers have room to be selective and should not feel rushed.

Cypress Cove At Suntree A Condo Housing Pulse · Momentum Research · as of September 20, 2026

Cypress Cove At Suntree A Condo right now

🟢 Buyer-leaning market. 9.0 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 September 20, 2026. Confidence: High (9 active and pending listings, 12 closed sales in 12 months).

🟡 Off the recent peak. The trailing-12-month median ($172K) is down 4.2% from the prior 12 months ($180K) and up 283% since 2012. With about 17 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Space Coast MLS closed sales, 12-month windows ending September 20. Confidence: Medium (12 and 15 sales in the two windows).

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

· Updated September 23, 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

Cypress Cove At Suntree A Condo market snapshot (as of September 20, 2026): the median sale price is about $172K ($189 per sq ft over the trailing 12 months of closed sales), a median 68 days on market for closed sales, and 9.0 months of supply, a buyer-leaning market. The trailing-12-month median is down 4% from the prior 12 months and up 283% since 2012, computed from record-level Space Coast MLS closed sales (12 closings in the current window).

In ZIP 32940 (Melbourne), 1,061 homes closed in the last 12 months at a median of $405K ($219/sq ft), up 0.4% year over year, with a median 40 days on market. Right now 150 active and 54 pending listings put supply at about 3.0 months — a balanced market. See the live ZIP 32940 housing market and the Brevard County market.

Space Coast MLS sales records identify 82 homes in Cypress Cove At Suntree A Condo that have changed hands since 2008, built between 1990 and 1990 (median 1990), with a median living area of about 1,078 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: Space Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Cypress Cove At Suntree is a condo community in Melbourne, Brevard County, where value tracks the individual unit rather than shared amenities. The median has climbed 276% since 2012, but the recent trend has softened, so today's read matters more than the long arc.

Best for

  • Budget-focused buyers targeting the lower end of the Melbourne condo market
  • Buyers willing to renovate a dated unit and capture the condition premium
  • Patient buyers who value negotiating room over speed

Probably not for

  • Buyers who want on-site amenities like a pool or clubhouse
  • Anyone needing to resell quickly in a fast-moving market
  • Buyers uncomfortable holding through a period of softening median prices

Windows contain 6 to 32 sales each (12 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Space Coast MLS for the period 2008 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$100K$200K20122014201620182020202220242026
Down 4.2% year over year; up 283% since 2012.
Every sale since 2008 · price vs size
$0$100K$200K1k1k1k
300 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$50$100$150$20020122014201620182020202220242026
Up from $59 in 2012 to a $211 peak in 2024; $189 now.
Median days on market · closed sales
05010020122014201620182020202220242026
4 days at the 2022 low; 68 now.
Sale price vs original ask · median
92%95%98%100%20122014201620182020202220242026
93.7% now.
Homes sold per 12-mo window
010203020122014201620182020202220242026
6 to 32 a year; 12 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2014201620182020202220242026
81 at the 2022 peak, 17 in the troughs, 25 now. Same score as the hero card, full history.
How much local inventory is already under contract

34% of homes for sale in ZIP 32940 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-23).

Cypress Cove At Suntree A Condo Market Scorecard

Buyer-leaning

Cypress Cove At Suntree A Condo is currently a buyer-leaning market. About 9.0 months of supply, a median asking price of $171,000.

9.0
Months supply
$171,000
Median list
$172,500
Median sold
$198
List $/sqft
9/0/12
Active/Pend/Sold

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

Live data: Space Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in Cypress Cove At Suntree A Condo, Melbourne

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

Active inventory in distress
0.0%
0 of 9 listings
Distress share trend — 0.0% now (2026-09-13 → 2026-09-19)

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.

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 Cypress Cove At Suntree A Condo 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 Cypress Cove At Suntree A Condo address.

If we were buying in Cypress Cove At Suntree A Condo 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 Cypress Cove At Suntree A Condo.

Best Buy
Buyers who want an entry-priced condo in Melbourne and will do the legwork to compare units.
Biggest Risk
The median is down 5.6% year over year, so near-term value is soft.
Sweet Spot
An updated unit bought at or below the current median.
Avoid If
You need amenities or a fast, competitive resale.

A condition-driven condo market

With no amenities identified from current MLS listings, there is no pool or clubhouse premium doing the work here — the differences you see between units come down to updates, layout, and floor. That makes walking comparable units in person the single most useful thing a buyer can do, because two listings at similar prices can be very different products.

The pace is slow and steady rather than competitive. Eleven closings in the tracked window and a median 80 days on market mean this is not a place where offers stack up overnight. A well-priced, well-presented unit still moves, but sellers who overreach against the softening median tend to sit.

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

Jon Brooks · Founder, Momentum Realty
5.4C · Buy Score
Long-Term Appreciation10.0/10
Recent Direction5.0/10
Liquidity & Demand1.0/10
Pricing Power5.8/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (5.4). Basis: Long-Term Appreciation +283% since 2012; Recent Direction -4.2% year-over-year; Liquidity & Demand 9.0 months of supply; Pricing Power 93.7% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a condition-driven market with slow turnover, the right price is set by reading the actual comps and the true state of each unit — not by hope. We price to what is closing, tell sellers when a listing is aimed too high against a median that has softened 5.6% year over year, and help buyers use the 80-day pace as leverage instead of pressure.

Cypress Cove At Suntree A Condo in 15 seconds.

Best forBuyers who want an entry-priced condo in Melbourne and will do the legwork to compare units.
Biggest advantageA slow market gives buyers time to inspect, compare, and negotiate.
Biggest riskThe median is down 5.6% year over year, so near-term value is soft.
Sweet spotAn updated unit bought at or below the current median.
Avoid ifYou need amenities or a fast, competitive resale.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Cypress Cove At Suntree Condos for Sale in Melbourne, FL homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Cypress Cove At Suntree Condos for Sale in Melbourne, FL.
In short
  • HOA dues reported around $454/month (about $5,448/yr) · median of 108 MLS listings, most billed monthly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $454 per month ($5,448 a year) — the median AssociationFee across 108 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

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 Cypress Cove At Suntree A Condo sales matched to your home.

What is your Cypress Cove At Suntree A Condo home worth?

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

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Frequently Asked Questions

What is the median home price in Cypress Cove At Suntree A Condo?
The median sale price in Cypress Cove At Suntree A Condo was $172K over the 12 months ending September 20, 2026 (12 closed sales, Space Coast MLS).
How long do homes in Cypress Cove At Suntree A Condo take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 68 days on market (12 sales, Space Coast MLS).
Is Cypress Cove At Suntree A Condo a buyer's or seller's market right now?
As of September 20, 2026, Cypress Cove At Suntree A Condo leans toward buyers: 9.0 months of supply at the current sales pace (Space Coast MLS live counts).
Have Cypress Cove At Suntree A Condo home prices gone up?
The trailing-12-month median is up 283% since 2012, from $45K to $172K (Space Coast MLS closed records).
Who is the best real estate agent for Cypress Cove At Suntree A Condo?
The best agent for Cypress Cove At Suntree A Condo 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 Cypress Cove At Suntree A Condo.
How do I find a top Melbourne real estate agent who knows Cypress Cove At Suntree A Condo?
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 Cypress Cove At Suntree A Condo and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Cypress Cove At Suntree A Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Cypress Cove At Suntree A Condo purchase or sale - no call center and no pressure.
Where is Cypress Cove At Suntree, and what county is it in?
Cypress Cove At Suntree is in Melbourne, Brevard County, FL, ZIP 32940. The community's center is about 10 miles northwest of the center of Melbourne (straight-line).
Is Cypress Cove At Suntree a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Cypress Cove At Suntree: the median sale price over the last 12 months was $172K (12 sales), 55% below the Melbourne median of $385K; homes took a median 68 days to go under contract; supply is 9.0 months at the current sales pace, which favors buyers. The full numbers, price history and the flood and school sections are above.
Budget-focused buyers targeting the lower end of the Melbourne condo marketExcellent fit
Buyers willing to renovate a dated unit and capture the condition premiumExcellent fit
Patient buyers who value negotiating room over speedExcellent fit
Buyers who want on-site amenities like a pool or clubhouseProbably not
Anyone needing to resell quickly in a fast-moving marketProbably not
Buyers uncomfortable holding through a period of softening median pricesProbably not

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: September 22, 2026)
Community market statsSpace Coast MLS closed sales, 12-month windows ending September 20, 2026
Under-contract sharesSpace Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2008 (300 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.

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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.

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Thinking of selling in Cypress Cove At Suntree A Condo? 12 recorded closings; median 68 days on market (window ending 2026-09-20). 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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