Suntree Lakes
Homes for Sale in Melbourne, FL
All 738 homes for sale in Melbourne, FL · median $396,950 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of October 2026, Suntree Lakes Ph Ii in Melbourne, FL has 1 home for sale. Over the 12 months ending 2026-07-15, 4 recorded sales closed at a median of $441,250, $218 per square foot, a median 118 days on market, sellers accepting 84% of original asking. Homes listed or recently sold were built 1992 - 1993; 5 of 5 report an HOA (median $17/mo); 1 of the 5 geocoded homes sit in a FEMA special flood hazard zone (median elevation 33 ft). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,890 ($6,260 with the full homestead exemption).
Part of the Suntree master-planned community in Melbourne, FL — see all Suntree homes for sale (52 listings across 55 villages and sections in the MLS).
| Location | Melbourne, Brevard County, FL |
|---|---|
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | Management - Off Site, Maintenance Grounds, Management - Full Time |
| Sale prices, last 12 months | $441,250 median across 4 closed sales · $218 per sq ft |
| Days on market (closed sales) | 118 median |
| For sale right now | 1 active, 1 pending · median asking $629,000 · 3.0 months of supply |
Data as of July 15, 2026. Based on information from the Space Coast MLS for the period %s through %s. Market figures describe homes, not residents. Cite as: Momentum Realty, “Suntree Lakes Ph Ii key facts,” movewithmomentum.com/neighborhoods/suntree-lakes-ph-ii-melbourne, data as of July 15, 2026.
Suntree Lakes Phase II in Melbourne is pricing at a $441,250 median with a median 118 days on market - nearly four months. That's not distress; it's selectivity. With only four closings in the trailing window and one active listing, this is a thin market where condition, updates, and presentation dictate whether a home moves in weeks or sits for seasons. The per-square-foot median of $218 reflects a community where original finishes and deferred maintenance drag hard on sale price.
The three-month supply puts the market in balanced territory on paper, but the reality is more nuanced: inventory is scarce, yet absorption is slow. Buyers have time to negotiate and inspect thoroughly. Sellers who price aggressively and show well will move; those who don't will watch days pile up. This is a market that rewards preparation and punishes optimism untethered to comp data.
Suntree Lakes right now
🟡 Balanced market. 3.0 months of supply and 50% of the inventory already under contract put buyers and sellers on roughly even footing.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: Medium (2 active and pending listings, 4 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 2, 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
Suntree Lakes market snapshot (as of July 15, 2026): the median sale price is about $441K ($218 per sq ft over the trailing 12 months of closed sales), a median 118 days on market for closed sales, and 3.0 months of supply, a balanced market.
Suntree Lakes Phase II is a pool-community enclave in Melbourne where the median close is $441,250, inventory turns over slowly, and condition is the single largest variable in both price and days on market.
The setting & the homes.
Aerial and on-site photos of Suntree Lakes. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Suntree Lakes
Suntree Lakes
Suntree Lakes
Suntree Lakes
Suntree LakesPhotos from Space Coast MLS listings in Suntree Lakes; content deemed reliable but not guaranteed.
Who Suntree Lakes is best for.
Best for
- Buyers with renovation skills or cash reserves who can acquire below median, update strategically, and hold long enough for the work to pay off.
- Melbourne-area buyers seeking a pool community at the median price point who have the patience to wait for the right listing and negotiate hard.
- Investors comfortable with a slower tenant or resale cycle and who can accurately underwrite repair costs before closing.
Probably not for
- Buyers who need to close fast and move in immediately without addressing deferred maintenance or older systems.
- Anyone counting on a quick resale or rapid appreciation in a market where homes sit for months.
- Buyers stretching to the median without reserves for the HVAC replacement, roof work, or kitchen update that many homes here will need.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Space Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($441K) IS the median in the snapshot above.
Windows contain 1 to 7 sales each (4 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 %s through %s. Deemed reliable but not guaranteed.
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.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Brevard County scorecard.
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.
33% 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 (2026-10-02).
Suntree Lakes Market Scorecard
Suntree Lakes is currently a balanced market (limited data). About 4.0 months of supply, a median asking price of $350,000.
Typical home value in the 32940 ZIP is $490,399, about 7.3% 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 2026-10-02. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in Suntree Lakes Ph Ii, Melbourne
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
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.
Homes For Sale Right Now in Suntree Lakes
Live MLS inventory for Suntree Lakes. 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 Suntree Lakes listings as of 2026-10-01, 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.
Every Home for Sale in Suntree Lakes Ph Ii Melbourne Right Now (2)
All 2 active and pending Suntree Lakes Ph Ii Melbourne listings with a detail page, newest first, refreshed twice a day from the MLS.
- 452 Kimberly Drive · $350,000 · 3 bd / 2 ba · listed Jul 2, 2026 · listed by Real Broker LLC
- 751 Lake Drive · $489,995 · 3 bd / 2.5 ba · pending · listed Jul 2, 2026 · listed by Waterman Real Estate
Suntree Lakes on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.
Life at Suntree Lakes
- Management - Off Site · reported on 3 of 4 listings
- Pool · reported on 1 of 4 listings
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
- 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 Suntree Lakes 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 Suntree Lakes address.
Shop the zone: Homes zoned for Viera High School
The Suntree Lakes buying strategy.
If we were buying in Suntree Lakes today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Suntree Lakes.
What the 118-day median tells you
A median 118 days on market is the headline number here, and it's worth unpacking. This isn't a hot-market sprint; it's a market where buyers take their time, compare carefully, and negotiate from a position of information rather than urgency. Four closings in the trailing window confirm a low-volume environment - enough activity to establish a median, not enough to create competitive pressure.
The community offers a pool and off-site management, typical of a mature subdivision. Brevard County's Melbourne market includes a wide spectrum of condition and finish level, and Suntree Lakes Phase II is no exception. The $218 per square foot median suggests homes that may carry original kitchens, older HVAC, or deferred exterior work. In this price band and this market, updated homes with newer roofs and modern interiors will command premiums and shorter market times; originals will sit until a buyer with renovation appetite or cash to remodel appears.
With one active listing and a three-month supply, this is not a distressed or flooded market. It's a community where each listing is its own story. Buyers should budget time for due diligence - inspection, insurance quotes, and a hard look at what deferred maintenance will cost. Sellers should price to condition and be prepared to negotiate; the days-on-market data makes clear that hope is not a pricing strategy here.
The location and the amenities are priced into every listing in Suntree Lakes. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Suntree Lakes Phase II rewards local intel and honest pricing. Momentum brings deep Brevard MLS fluency, an eye for deferred maintenance that will kill a deal at inspection, and the candor to tell a seller when their number won't work - or a buyer when a home's bones aren't worth the median. In a slow-turn market, you need a broker who reads condition as closely as comps and who won't let you overpay for someone else's project. We do that work.
Suntree Lakes in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $17/month · median of 51 MLS listings, most billed annually
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $17 per month - the median AssociationFee across 51 MLS records, normalised to a monthly figure; most are billed annually. 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, 2026-10.
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Suntree Lakes buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Suntree Lakes sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Suntree Lakes, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Suntree Lakes home worth?
Get a no-obligation home value based on real comparable sales in Suntree Lakes, 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 →
Recently off market in Suntree Lakes Ph Ii
Homes in Suntree Lakes Ph Ii that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 427 Kimberly Drive · off market
Frequently Asked Questions
What is the median home price in Suntree Lakes?
How long do homes in Suntree Lakes take to sell?
Is Suntree Lakes a buyer's or seller's market right now?
Who is the best real estate agent for Suntree Lakes?
How do I find a top Melbourne real estate agent who knows Suntree Lakes?
Can Momentum Realty connect me with an agent for Suntree Lakes?
Where is Suntree Lakes, and what county is it in?
Should you buy in Suntree Lakes?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: October 1, 2026) |
| Community market stats | Space Coast MLS closed sales, 12-month windows ending July 15, 2026 |
| Under-contract shares | Space Coast MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2004 (53 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 →
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Suntree Lakes Ph Ii fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Suntree Lakes
- Home values · What homes in Suntree Lakes actually sell for
- Find an agent · How to choose the best real estate agent in Suntree Lakes
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Explore more neighborhoods near Suntree Lakes with Momentum Realty’s local guides.