Suntree Lakes
Homes for Sale in Melbourne, FL
All 712 homes for sale in Melbourne, FL · median $399,250 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of November 2026, Suntree Lakes Ph Ii in Melbourne, FL has 2 homes for sale. Homes listed or recently sold were built 1992 - 1993; 6 of 6 report an HOA (median $17/mo); 1 of the 6 geocoded homes sit in a FEMA special flood hazard zone (median elevation 33 ft).
Part of the Suntree master-planned community in Melbourne, FL — see all Suntree homes for sale (45 listings across 52 villages and sections in the MLS).
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.
Figures in this note are as of July 16, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Suntree Lakes right now
🟢 Buyer-leaning market. 8.0 months of supply and 33% 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 November 8, 2026. Confidence: Low (3 active and pending listings, 0 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 12, 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 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.
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.
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
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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.
The market around Suntree Lakes
Suntree Lakes is too small for its own price trend, so here is the market around it.
Across Brevard County, 4,089 homes are active and 1,281 pending (24% under contract).
ZIP and county figures describe the wider market, not Suntree Lakes specifically. Momentum Research analysis of MLS records.
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 2026-11-11, priced high to low. Based on information from the Space Coast MLS. Tap any home to ask about it.
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 contributors.
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
Recent Developments in Suntree Lakes Ph Ii
Development, infrastructure, retail, and school activity affecting Suntree Lakes Ph Ii, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Retail & Dining
Margarita Island opens in the former El Chico building on Evans Road, Melbourne
The Mexican restaurant chain opened at 1751 Evans Road in Melbourne, its fourth Brevard location and seventh in Florida. It offers a full menu and a full-service bar.
What it may mean for the marketA new sit-down dining option adds to restaurant choices along the Evans Road area of Melbourne. The project is about 7 miles south of Suntree Lakes Ph Ii, elsewhere in Brevard County.
Source: Space Coast Daily - October 2026Market
Brevard September home sales: single-family slows while condos and townhomes gain
Space Coast Association of Realtors data show the September single-family median price at $380,000, up 0.5%, with closed sales down 2.5% to 818 and 3.5 months of supply. Condo and townhouse median price rose 6.9% to $272,500, with 172 closed sales and 5.9 months of supply.
What it may mean for the marketTighter single-family supply and a firmer condo and townhouse segment point to differing inventory conditions across Brevard housing types. The site is about 2 miles north of Suntree Lakes Ph Ii.
Source: Space Coast Daily - October 2026Infrastructure
Brevard County Brightline station fully funded with $57 million federal grant
The planned Brightline station in Cocoa, near State Road 528, is now fully funded after a federal grant of about $57 million. Cocoa will own the station and Brightline will operate it, linking Cocoa and Port Canaveral to South Florida destinations. No construction start date has been set, and officials expect to release more details in early 2027.
What it may mean for the marketA passenger rail stop near SR 528 would add a regional transit option for commuters and visitors traveling between the Space Coast and other Florida metros. The site is about 12 miles north of Suntree Lakes Ph Ii.
Source: FOX 35 Orlando - July 2026Retail & Dining
Lakeside Social at Viera Town Center to bring a new waterfront community gathering place to Viera
The Viera Company, in partnership with Rogue Wave Hospitality Group, is opening Lakeside Social at Viera Town Center, a waterfront venue featuring a wave-shaped central bar, a boathouse-style bar, and a curated food vendor park. A soft opening was set for early June 2026, with a grand opening celebration over Fourth of July weekend 2026.
What it may mean for the marketA new waterfront food, bar, and entertainment venue adds dining and gathering capacity to Viera Town Center and broadens the local commercial mix. The project is about 3 miles northwest of Suntree Lakes Ph Ii, elsewhere in Brevard County.
Source: Viera - June 2026Development
Orlando Health announces plans to open a new hospital in Viera
Orlando Health announced a seven-story, 240-bed hospital along with a three-story, 60,000-square-foot medical office building on a 40-acre health and wellness campus in Viera, between Lake Andrew Drive and I-95 south of Viera Boulevard. Construction was expected to begin in June 2026, with opening targeted as early as fall 2027.
What it may mean for the marketA new hospital and medical office campus would add major healthcare infrastructure and construction activity to the Viera area. The project is about 3 miles northwest of Suntree Lakes Ph Ii, elsewhere in Brevard County.
Source: ClickOrlando - May 2026Infrastructure
Ellis Road widening from John Rodes Boulevard to Wickham Road advances to construction
FDOT's project to widen Ellis Road from two to four lanes over about 1.8 miles between John Rodes Boulevard and Wickham Road in the Melbourne area had a construction letting scheduled for May 20, 2026, at an estimated construction cost of $57 million. The work includes new sidewalks, buffered bicycle lanes, new traffic signals, and drainage improvements.
What it may mean for the marketWidening this corridor would increase road capacity and add sidewalks and bike lanes across a key West Melbourne and Melbourne connection. The project is about 8 miles south of Suntree Lakes Ph Ii, elsewhere in Brevard County.
Source: CFL Roads (FDOT)
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 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.
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.
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.
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 →
| Location | Melbourne, Brevard County, FL |
|---|---|
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | Management - Off Site, Curbs, Maintenance Grounds, Management - Full Time |
| For sale right now | 2 active, 1 pending · median asking $484,500 · 8.0 months of supply |
Data as of November 8, 2026. Based on information from the Space Coast MLS. Market figures describe homes, not residents. Cite as: Momentum Realty, “Suntree Lakes key facts,” movewithmomentum.com/neighborhoods/suntree-lakes-ph-ii-melbourne, data as of November 8, 2026.
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 November 2026 through November 2026. Deemed reliable but not guaranteed.
Just listed in Suntree Lakes
The newest homes for sale in Suntree Lakes right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 452 Kimberly Drive $350,000 · 3 bd · 2 ba · 2,057 sq ft · new today Courtesy of Real Broker LLC
- 427 Kimberly Drive $619,000 · 3 bd · 3 ba · 2,954 sq ft · new today Courtesy of Sea Turtle Realty
Checked against the MLS nightly. All new listings in this market.
Every Home for Sale in Suntree Lakes Ph Ii Melbourne Right Now (3)
All 3 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 Aug 13, 2026 · listed by Real Broker LLC
- 427 Kimberly Drive · $619,000 · 3 bd / 3 ba · listed Aug 13, 2026 · listed by Sea Turtle Realty
- 751 Lake Drive · $489,995 · 3 bd / 2.5 ba · pending · listed Aug 13, 2026 · listed by Waterman Real Estate
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Melbourne guides & data
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- Property taxes (Brevard County)
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Florida buyer guides
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- Florida property tax calculator
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- The 4-point inspection, explained
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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 (2026-11-12).
Suntree Lakes Market Scorecard
Suntree Lakes is currently a buyer-leaning market (limited data). About 8.0 months of supply, a median asking price of $484,500.
Typical home value in the 32940 ZIP is $490,982, about 6.7% 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 2026-11-11. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
What it really costs to own in Suntree Lakes
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $5,488/yr across 3 listings here (MLS tax records, 2026-11-12). |
|---|---|
| HOA dues | MLS listings here mostly enter dues as billed annually, but the median entry is only $200/year across 4 listings (2026-11-12), which usually means a quarterly or monthly amount was entered as annual. Ask the association for the current dues. |
| Home and flood insurance | The average Citizens Property Insurance premium in Brevard County is $2,348/yr (6,986 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 1993 across 3 listings. An original roof here would be about 33 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
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Ask an agent about Suntree Lakes
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Frequently Asked Questions
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: November 11, 2026) |
| Under-contract shares | Space Coast MLS records, as of 2026-11-08 |
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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