Buying or selling? Call (904) 351-6461
Spanish Wells at Suntree in Melbourne

Spanish Wells
at Suntree

Suntree neighborhood · Suntree, Melbourne · Brevard County

An established single-family neighborhood within the Suntree community, reported under the Suntree master HOA. The read is the specific home, the lot, and confirming the master and any neighborhood dues and what they cover.

Within Suntree, MelbourneReported under Suntree master HOASingle-family homes
Live Market Pulse
66/100
Momentum
Balanced Market (limited data)
Tight supply keeps sellers in control, but dated interiors still trade at a discount, so condition is where buyers win.
Free · No obligation
Unlock Off-Market Spanish Wells at Suntree

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Space Coast MLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulseSpace Coast MLS
$610K
Median Price
3.4mo
Supply
n/a
Avg DOM
Balanced
Seller Leverage
$257/sf
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Spanish Wells is an established single-family neighborhood within the Suntree community in Melbourne (ZIP 32940), Brevard County. Third-party profiles report it as one of the subdivisions under the Suntree Master Homeowners Association, with neighborhood amenities reported to include a basketball court, park and playground. The Suntree location is the value driver: a recognized, amenity-supported community near I-95, US-1 and the growing Viera and Suntree corridors. The read is the specific home, its lot and condition, plus confirming the Suntree master HOA dues and exactly what they cover, any separate neighborhood dues, and the school assignment by address. Treat the reported dues and amenities as figures to verify with the association before you offer."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Spanish Wells at Suntree market snapshot (as of June 17, 2026): the median sale price is about $610K ($257 per sq ft), a balanced market (limited data). Based on 7 recent closings in live Space Coast MLS data.

Spanish Wells is an established single-family neighborhood within the Suntree community in Melbourne (ZIP 32940), Brevard County. Third-party profiles describe it as one of the subdivisions under the Suntree Master Homeowners Association, with neighborhood amenities reported to include a basketball court, park and playground.

The Suntree umbrella is the draw: a recognized, amenity-supported community with mature landscaping, convenient to I-95, US-1 and the growing Suntree and Viera corridors. The master association governs much of the shared environment, so understanding its dues and scope is central to the carrying cost.

Confirm the Suntree master HOA dues and exactly what they cover, plus any separate Spanish Wells neighborhood dues, in writing before you offer. Reported master figures are modest, but they change, and the inclusions matter more than the number.

Homes here are single-family on standard Suntree lots, where condition, updates and the specific lot drive value more than the community average. Confirm the school assignment by address with Brevard Public Schools if that matters to you.

Quick Match

Who Spanish Wells at Suntree is best for.

Best for

  • Buyers who want an established neighborhood within the recognized Suntree community
  • Buyers who value reported neighborhood amenities and mature surroundings
  • Buyers who will comp the specific home, lot and condition
  • Buyers who will confirm the Suntree master HOA and any neighborhood dues

Probably not for

  • Buyers who want a gated, brand-new master plan
  • Buyers who want a no-HOA, individual-ownership setting
  • Buyers who want walkable beach access rather than an inland community
  • Buyers unwilling to confirm the master and neighborhood dues
Market Pulse

How Spanish Wells at Suntree is performing right now

66/100
momentum
Balanced Market (limited data)
Seller's marketBalancedBuyer's market
3.4Months of supplytight
72Median days on marketdays
2 : 2Under contract vs for salestrong demand
7Sold in last 12 monthsliquidity
-4%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from the Space Coast MLS, as of June 17, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Spanish Wells at Suntree listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Spanish Wells at Suntree buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Spanish Wells at Suntree

Live MLS inventory for Spanish Wells 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.

901 Spanish Wells Drive home for sale in Spanish Wells at SuntreeActiveTop listing
$499,000
3 bd · 2 ba · 1,973 sqft · built 1989
901 Spanish Wells Drive, Melbourne, 32940
Listed by One Sotheby's International
1072 Spanish Wells Drive home for sale in Spanish Wells at SuntreeActive
$489,900
3 bd · 2 ba · 2,048 sqft · built 1988
1072 Spanish Wells Drive, Melbourne, 32940
Strong resaleReno opportunityBest value
Listed by Ellingson Properties
963 Spanish Wells Drive home for sale in Spanish Wells at SuntreePending
$859,900
5 bd · 3 ba · 2,619 sqft · built 1989
963 Spanish Wells Drive, Melbourne, 32940
RenovatedPool
Listed by Denovo Realty
1013 Spanish Wells Drive home for sale in Spanish Wells at SuntreePending
$649,000
4 bd · 3 ba · 2,572 sqft · built 1990
1013 Spanish Wells Drive, Melbourne, 32940
Listed by Dale Sorensen Real Estate Inc.

Active and pending Spanish Wells at Suntree listings as of 2026-06-17, priced high to low. Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS.. Tap any home to ask about it.

Interactive Map

Spanish Wells at Suntree on the map.

Every active, pending, and recently sold home, plotted. Toggle the layers, color the dots by status or lot type, and tap a home for the details.

Listing locations from Space Coast MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

Nearby & Commute

How far is everything?

The takeaway

The location is the everyday-convenience case: shopping, schools, and the major roads are all a manageable drive.

Drive times from Spanish Wells at Suntree. They are approximate and vary with traffic and your exact start point.

Suntree and Viera shopping and dining~5 to 12 min · approximate, varies with traffic
I-95 interchange~4 to 10 min · main highway access
US-1 corridor~5 to 12 min · north-south route
Viera medical campuses~8 to 15 min · growing hospital and offices
Atlantic beaches (Melbourne area)~15 to 25 min · inland community
Orlando Melbourne Intl Airport~12 to 20 min · regional airport

Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Spanish Wellsat Suntree with Momentum Realty’s local guides.

Indian River Colony ClubIndian River Colony ClubViera, FL · adjacentHoliday Springsat SuntreeHoliday Springsat SuntreeMelbourne, FL · 0.1 miThe Springsof SuntreeThe Springsof SuntreeMelbourne, FL · 0.2 miSan MarinoEstatesSan MarinoEstatesMelbourne, FL · 0.2 miPark Meadow Westat SuntreePark Meadow Westat SuntreeMelbourne, FL · 0.2 miCountry Walkat SuntreeCountry Walkat SuntreeMelbourne, FL · 0.3 miTwin Lakes of SuntreeTwin Lakes of SuntreeMelbourne, FL · 0.4 miSuntreeLakesSuntreeLakesMelbourne, FL · 0.4 miOak Parkat SuntreeOak Parkat SuntreeMelbourne, FL · 0.5 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Spanish Wells at Suntree (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Spanish Wells at Suntree is served by Brevard County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any Spanish Wells at Suntree address.

The takeaway

What is actually shaping value around Spanish Wells at Suntree, sourced and dated. We do not publish rumor.

Recent Developments in Spanish Wells at Suntree

Development Intelligence

Our read on what is being built around Spanish Wells at Suntree, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThe structural story is an established neighborhood within the recognized Suntree community, near the fast-growing Viera and Suntree corridors, where the specific home, the lot and the master HOA scope drive outcomes. Watch new Viera medical and commercial investment against resale competition, and confirm every fee layer before you offer.

Orlando Health building a new Viera hospital campus

2026
BullishMajor impact
SignificanceRadius: Area

A new Orlando Health regional hospital and medical office building planned in nearby Viera strengthens area healthcare access and long-run demand, a real positive for nearby Suntree communities.

Suntree and Viera among Brevard's fastest-growing areas

Ongoing
NeutralNotable impact
SignificanceRadius: Area

Robust development in the Suntree and Viera corridor supports amenities and convenience but also adds arterial traffic and resale competition from newer communities.

Confirm the Suntree master HOA and any neighborhood dues

Ongoing
NeutralMinor impact
SignificanceRadius: Community

The Suntree master HOA scope and any separate Spanish Wells dues are the carrying-cost layers to confirm in writing before you offer.

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Spanish Wells at Suntree, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. June 2026
    Development

    Orlando Health announces new Viera hospital

    Local coverage in June 2026 reported that Orlando Health announced plans for a new hospital and medical office building on a roughly 40-acre health and wellness campus in Viera, in the Borrows West area near I-95, with groundbreaking expected in 2026 and the project bringing more than 1,000 jobs to the region. Why it matters: Major healthcare investment in nearby Viera strengthens long-run demand and convenience for Suntree communities. It is a structural positive, not a reason to skip per-home diligence. Source

Development alerts for Spanish Wells at SuntreeGet a short monthly email when something new is approved, funded, or opens near Spanish Wells at Suntree.

A monthly email from Momentum Realty. Unsubscribe anytime. See our privacy and disclosures.

Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

The Strategy

The Spanish Wells at Suntree buying strategy.

If we were buying in Spanish Wells at Suntree, this is the order of operations we would run, and the one we run for our clients.

1

Confirm the Suntree master HOA dues and exactly what they cover. Get the master scope and any separate Spanish Wells dues in writing before you decide.

2

Confirm the reported neighborhood amenities and access, since basketball court, park and playground are reported and change.

3

Comp the specific home, lot and condition, not the community average, since updates drive value.

4

Confirm the school assignment by address with Brevard Public Schools if that matters to you.

5

Weigh a gated Melbourne alternative like Baytree on amenities and total carrying cost.

The Quick Decision
Best Buy
A well-kept, updated home on a good Suntree lot, priced to recent neighborhood comps, with the master HOA scope and any neighborhood dues confirmed.
Biggest Risk
Budgeting only one fee and missing the full Suntree master scope or a separate neighborhood charge, or overpaying for a home that needs updates.
Best Lot
Lot, condition and updates drive value here more than the community average; comp the actual home.
Smart Timing
With newer Suntree and Viera communities still selling, resales aging past sixty days can have flexibility; confirm fees and comps first.
Deep-Dive Intelligence

The full read, only if you want it.

The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Spanish Wells is an established single-family neighborhood within the Suntree community in Melbourne (ZIP 32940), Brevard County, reported as one of the subdivisions under the Suntree Master Homeowners Association. Reported neighborhood amenities include a basketball court, park and playground, with broader shared grounds under the Suntree umbrella. The Suntree location is convenient to I-95, US-1 and the growing Viera and Suntree corridors. Confirm the Suntree master HOA dues and inclusions, any separate Spanish Wells dues, the specific home and lot, and the school assignment by address with Brevard Public Schools, since details change.

Spanish Wells at Suntree Homes For Sale

What your money buys in Spanish Wells at Suntree.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Here are the broad resale bands in Spanish Wells at Suntree today. The right home is the one matched to your budget and the renovation math, so seeing fitting listings early is the edge.

Entry: smaller or dated homes
$437K to $590K

The smaller or less-updated homes and standard interior lots, the entry door into the recognized Suntree community. Confirm current pricing on the live listings below.

Lowest entry
Core: mid-size single-family
$590K to $695K

The mid-size single-family homes in average to good condition, the core of the neighborhood. Confirm current pricing on the live listings below.

Most inventory
High: updated homes and better lots
$695K to $725K

The updated homes and the better lots, where condition and finishes set the price. Confirm current pricing on the live listings below.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

See Off-Market & Private Listings
What Your Money Buys

What ~$610K buys here.

Three realistic price bands. Where a home lands comes down to condition and lot, not square footage alone.

$437K to $590K
Entry: smaller or dated homes
The smaller or less-updated homes and standard interior lots, the entry door into the recognized Suntree community. Confirm current pricing on the live listings below.
$590K to $695K
Core: mid-size single-family
The mid-size single-family homes in average to good condition, the core of the neighborhood. Confirm current pricing on the live listings below.
$695K to $725K
High: updated homes and better lots
The updated homes and the better lots, where condition and finishes set the price. Confirm current pricing on the live listings below.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

Operator Intelligence

Renovation & Resale Intelligence

The factors that actually move value in Spanish Wells at Suntree, condition, lot, and the renovation math, read from current listings and recent sales.

15-Second Take
  • Renovation math decides the deal
  • Better lots and views resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Proprietary Data

The renovation premium.

Renovated-listing inventory in Spanish Wells at Suntree is too thin right now to compute a reliable renovation premium. We read condition home by home against real comps before you offer.

Lot Value

The lot premium.

On a preferred homesite (water, preserve, corner, or a larger lot), the homesite is the part of your money the market gives back at resale. The house can be renovated; the lot cannot, so premium lots hold their value better than interior ones. How much more they command varies by frontage, view, and condition, which is why we read it home by home against real comparable sales rather than a single headline figure.

Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

Resale Strength Scorecard

How well Spanish Wells at Suntree holds value.

Our read on the factors that protect resale here, and the one to manage.

No CDD on the tax billStrong
Central Melbourne locationStrong
Scarce, established homesitesStrong
Established, in-demand locationPositive
All-resale 1990s conditionManage it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Spanish Wells at Suntree

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Underbudgeting the carrying costs
  • Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

Spanish Wells at Suntree1

Calling the listing agent

The agent on the sign works for the seller. In a market where condition swings price by hundreds of thousands, negotiating against that agent with no one in your corner is the costliest move of all.

Spanish Wells at Suntree2

Misjudging the renovation math

A dated home looks like a deal until you price the roof, HVAC, pool, and full modernization honestly. Underbudget the reno and the bargain becomes the expensive house.

Spanish Wells at Suntree3

Overpaying for an interior lot

A premium homesite (water, preserve, or a preferred position) carries a real, durable premium. Pay a top price for an interior lot and you are buying the weakest version of the value.

Spanish Wells at Suntree4

Underbudgeting the carrying costs

Two similar homes can cost very differently to own once the HOA, any CDD, insurance, and upkeep are priced in. Buyers who do not run the full monthly carrying cost misread the real number.

Spanish Wells at Suntree5

Skipping the systems check

An older home means older systems unless updated. Roof age, HVAC age, pool equipment, and prior renovations drive both price and insurability, and a thorough inspection matters more here than in a new build.

“

Spanish Wells is easy to like for the recognized Suntree address and the location. The deal is won or lost on the specific home, the lot, and the full Suntree master HOA scope, not one fee number.

Jon Brooks · Founder, Momentum Realty
Momentum Intelligence

Momentum Buy Score.

Our proprietary 0 to 10 read across the five factors that decide how a home here buys, holds, and resells.

7.6B+ · Buy Score
Resale Strength7.6/10
Renovation Risk7.0/10
Location Efficiency8.2/10
Long-Term Defensibility7.4/10
Carrying Cost Advantage7.6/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Momentum Housing Intelligence

Why our read on Spanish Wells at Suntree is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Space Coast MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Space Coast MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.
About the analyst · Our methodology

Which Lots & Views Hold Value Best

Proprietary Data · Lot Value Map

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Space Coast MLS; for orientation, not an appraisal.

15-Second Take
  • Golf, lake, and preserve lots hold value best
  • Interior lots are where buyers overpay
  • The lot cannot be renovated, the house can
  • Premium homesites resell faster
  • ~3% asking premium for premium lots today

In a built-out club community, the lot is the resale insurance

The houses can be renovated, but the lot and view cannot. Golf frontage, lakefront, and preserve lots consistently command higher premiums and resell faster than interior lots backing to another home. The premium you pay for a great homesite is the discount you avoid when you sell.

The mistake is paying an estate price for a base interior lot. We help buyers spot which homesites carry real, durable premiums and which are dressed-up interiors, so your money lands where the market will give it back.

Strongest resaleGolf frontage and lakefront homesites at Spanish Wells at Suntree

Golf & lakefront lots

Open views over the course or the 26 community lakes. The scarcest, most in-demand homesites; they command the highest premiums and resell fastest.

Strong resalePreserve-backing homesites at Spanish Wells at Suntree

Preserve lots

Backing to protected preserve means privacy with no rear neighbor. A consistent favorite that holds value well above a standard interior lot.

Moderate resaleCul-de-sac and larger interior homesites at Spanish Wells at Suntree

Cul-de-sac & larger lots

Less traffic, more yard, and an easy walk to the club for some streets. A real but smaller premium that depends on the street and parcel size.

Value tierStandard interior homesites at Spanish Wells at Suntree

Standard interior lots

The most affordable way through the gates, and the best renovation value. Just do not pay a golf or lake price for one, this is where buyers most often overpay.

Relative resale strength by lot and view, illustrative of how Spanish Wells at Suntree homesites trade. The exact premium depends on the specific home, the view, and the street.

The 15-Second Verdict

Spanish Wells at Suntree in 15 seconds.

Best forBuyers who want an established neighborhood within the recognized Suntree community with reported amenities and a convenient location.
Strong onA Suntree location near I-95, US-1 and the growing Viera corridor, single-family ownership, and a reported moderate carrying cost.
WatchThe Suntree master HOA scope and any separate neighborhood dues, plus the condition of the specific home. Confirm every layer in writing.
Sweet spotAn updated home on a good Suntree lot, priced to recent neighborhood comps, with the master and neighborhood dues confirmed.
Not forBuyers who want gated, brand-new construction, a no-HOA setting, or walkable beach access.

HOA, CDD & Fees

15-Second Take
  • Confirm the Suntree master HOA dues and inclusions in writing
  • Confirm any separate Spanish Wells neighborhood dues
  • Confirm the reported neighborhood amenities and access
  • Comp the specific home, lot and condition
  • Confirm the school assignment by address

We do not publish a precise HOA figure here because dues change. Reported Suntree master dues are modest, but confirm the current Suntree master HOA dues, exactly what they include, and any separate Spanish Wells neighborhood dues with the associations before you offer.

Reported scope under the Suntree umbrella typically covers shared community grounds and common areas, with neighborhood amenities reported to include a basketball court, park and playground. Do not assume inclusions; confirm the current budget and what is covered with the master and neighborhood associations.

Run Your Numbers

Tools for a Spanish Wells at Suntree buy.

Free calculators to pressure-test the real cost before you tour.

Mortgage paymentPrincipal, interest, taxes, and insurance on a specific price.Property taxBrevard County millage and the homestead picture.Rent vs buyThe breakeven on owning in Spanish Wells at Suntree.Save Our HomesProject your homestead tax cap over time.
The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Selling in Spanish Wells at Suntree

Price it to your home, lot and the Suntree story, with the full HOA scope shown.

If you are selling in Spanish Wells, the right list price comes from recent neighborhood sales matched to your home, lot and condition, with the recognized Suntree address as your marketing asset. Make the master HOA scope clear so buyers can compare carrying costs.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Spanish Wells at Suntree, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Baytree, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Spanish Wells at Suntree home worth?

Get a no-obligation home value based on real comparable sales in Spanish Wells at Suntree matched to your condition, lot, and view, 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 homes for sale in Spanish Wells at Suntree on the map →
Or get your Spanish Wells at Suntree home value & selling guide →

Real comps, not a Zestimate.

Spanish Wells at Suntree Market Scorecard

Balanced Market (limited data)

Spanish Wells at Suntree is currently a balanced market (limited data). About 3.4 months of supply, a median asking price of $494,450.

3.4
Months supply
$494,450
Median list
$610,000
Median sold
$257
Per sqft
n/a
Days on mkt
2/2/7
Active/Pend/Sold

Typical home value in the 32940 ZIP is $484,704, about 8.4% 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 2026-06-18. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Spanish Wells at Suntree located?
An established single-family neighborhood within the Suntree community in Melbourne, Brevard County (ZIP 32940), near I-95, US-1 and the growing Viera and Suntree corridors. Confirm the exact location for any specific home.
Is Spanish Wells part of the Suntree master HOA?
Third-party profiles report Spanish Wells as one of the subdivisions under the Suntree Master Homeowners Association. Confirm the current master HOA dues, what they cover, and any separate neighborhood dues with the associations before you offer.
What amenities does Spanish Wells at Suntree have?
Reported neighborhood amenities include a basketball court, park and playground, with broader shared community grounds under the Suntree umbrella. Amenities and access change, so confirm the current list with the associations.
What does the HOA cost at Spanish Wells?
We do not publish a precise HOA figure here because dues change. Reported Suntree master dues are modest. Confirm the current master dues, what they include, and any separate Spanish Wells dues with the associations before you offer.
What kind of homes are in Spanish Wells?
Single-family homes on standard Suntree lots. Confirm the specific size, year built, lot and condition for any home you consider.
Is Spanish Wells a gated community?
Third-party profiles describe it as a neighborhood within the broader Suntree community rather than a separately gated enclave. Confirm any access and amenity details with the associations and the listing.
What schools serve Spanish Wells at Suntree?
The community is in Brevard Public Schools, with assignment by address. Zoning can change, so confirm the current zoned campuses for any specific home with the district.
How far is I-95 from Spanish Wells?
Reported at roughly four to ten minutes to an I-95 interchange, with quick access to US-1 and the Viera corridor. Confirm your route at the time you would really drive it.
How far is the beach from Spanish Wells?
Reported at roughly fifteen to twenty-five minutes by car to the Melbourne-area Atlantic beaches. This is an inland Suntree community. Confirm your real drive at your real departure time.
What does a home in Spanish Wells cost?
We do not publish a price figure here. Pricing tracks the specific home, its lot, size and condition. Confirm current pricing on the live listings on this page; we pull exact comps before you offer.
Is now a good time to buy in Spanish Wells?
It depends on the specific home and how resale stacks against newer Suntree and Viera communities still selling. We pull live inventory and comps so you can judge value on the actual property and the full carrying cost.
Do I need my own agent to buy in Spanish Wells?
Yes. The listing agent works for the seller. Your own agent confirms the Suntree master HOA scope and any neighborhood dues, pulls true comps, and negotiates for you. Momentum Realty represents you, not the seller.
The Verdict

Should you buy in Spanish Wells at Suntree?

An honest fit check. We will tell you when it is not your community.

You want an established neighborhood within the recognized Suntree communityExcellent fit
You value reported neighborhood amenities and a convenient locationExcellent fit
You will comp the specific home, lot and conditionExcellent fit
You will confirm the Suntree master HOA and any neighborhood duesExcellent fit
You want quick access to I-95, US-1 and the Viera corridorExcellent fit
You want a gated, brand-new master planProbably not
You want a no-HOA, individual-ownership settingProbably not
You want walkable beach access rather than an inland communityProbably not
You will not confirm the master and neighborhood duesProbably not
You want acreage or a turnkey luxury homeProbably not

Get the inside read on Spanish Wells at Suntree

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Spanish Wells at Suntree home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

By pressing Get My Spanish Wells at Suntree Game Plan, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call and text you about your inquiry, which may involve automated means and prerecorded or artificial voices, at the number you provided. You do not need to consent as a condition of buying any property, goods, or services. Message and data rates may apply. Message frequency may vary. Reply STOP to opt out, HELP for help. You also agree to our Privacy Policy and SMS Terms.

We respond personally, usually the same day.

You are all set.

A Momentum Realty Spanish Wells at Suntree specialist will reach out personally, usually the same day.

Space Coast MLS logo
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Source: Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS.

Zoom out before you decide: see the Brevard County market guide or every community in the Neighborhood Finder.

Momentum Offers

Need to sell fast in Brevard County?

Get a real cash offer on your Spanish Wellsat Suntree home in 24 hours and close in as little as 7 days, as-is. Because Momentum is a licensed RealTrends-500 brokerage, we'll also show you what listing would net — so you choose with both numbers.

Get my Brevard County cash offer →

Sell my house fast in Brevard County · How Momentum Offers works

Buying or researching Brevard County? See the full Brevard County real estate market report — prices, inventory, schools, taxes, and every Brevard County neighborhood.

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 local market average and 8 days faster, and we’ll price yours against live your area comps.

Looking to buy here? Search homes for sale →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

or call (904) 351-6461
CallFree valuation →

More Melbourne & Space Coast / Brevard County guides

Compare before you commit — every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Space Coast / Brevard County or the full Neighborhood Finder.

Talk to a Local Spanish Wells at Suntree Expert
Call Get Listings