Twin Lakes At Suntree
Homes for Sale in Melbourne, FL
All 731 homes for sale in Melbourne, FL · median $389,900 · 280 homes for sale in 32940 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of October 2026, the MLS records 18 closed sales in Twin Lakes At Suntree 1St Addn in Melbourne, FL since 2004, the most recent in October 2025. Across Melbourne as a whole, 1,127 homes closed in the last 12 months at a median of $385,000, 44 median days on market, with 229 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,010 ($5,380 with the full homestead exemption).
Part of the Suntree master-planned community in Melbourne, FL — see all Suntree homes for sale (53 listings across 55 villages and sections in the MLS).
| Location | Melbourne, Brevard County, FL · ZIP 32940 |
|---|---|
| Homes in the community | 74 (FL DOR 2025 assessment roll) |
| Years built | 1975–1987 (median 1982.0) |
| Typical living area | 3,272 sq ft (median) |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 81% |
Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2004 through 2025; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Twin Lakes At Suntree 1St Addn key facts,” movewithmomentum.com/neighborhoods/twin-lakes-at-suntree-1st-addn, data as of September 20, 2026.
Twin Lakes At Suntree 1St Addn is a small Suntree-area pocket in Melbourne, and with no standout community amenities pulling weight, price here is driven by the individual home: condition, updates, lot, and how it shows on the day it lists. There is no shared pool or gate doing the selling for you, so a renovated, move-in-ready house and a dated one will not trade anywhere near each other.
For sellers that means presentation and prep are the lever, not the address alone. For buyers it means the spread is real — read each listing on its own merits rather than assuming a neighborhood premium. Because we lack a current active count and days-on-market in this snapshot, treat pricing as a per-home negotiation and lean on comparable condition rather than a headline number.
Nearby homes for sale
No active listings inside Twin Lakes At SuntreeHomes for Sale in Melbourne, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
A compact Suntree-area subdivision within Melbourne (Brevard County) where the houses themselves — not shared amenities — set value, so the story is really a home-by-home one.
Space Coast MLS sales records identify 24 homes in Twin Lakes At Suntree that have changed hands since 2004, built between 1982 and 1985 (median 1983), with a median living area of about 2,286 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. 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.
County records show 4 qualified sales in Twin Lakes At Suntree across 2024–2025 (2 in 2024, 2 in 2025), median $610,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
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.
Who Twin Lakes At Suntree is best for.
Best for
- Buyers targeting the Suntree part of Melbourne who prioritize the individual home over shared perks
- Renovation-minded buyers willing to price and negotiate around a home's condition
- Owner-occupants who value a compact, low-amenity subdivision without recurring amenity overhead
Probably not for
- Buyers who want a pool, gate, or clubhouse included in the community
- Shoppers expecting the neighborhood name to guarantee value regardless of a home's condition
- Buyers who need a precise price range up front rather than a home-by-home read
The market around Twin Lakes At Suntree
Twin Lakes At Suntree is too small for its own price trend, so here is the market around it.
In ZIP 32940, 418 homes are on the market and 34% are under contract — a fast-moving corner of Melbourne.
Across Brevard County, 4,132 homes are active and 1,477 pending (26% under contract).
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.
ZIP and county figures describe the wider market, not Twin Lakes At Suntree specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Twin Lakes At Suntree 1St Addn, 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.
Recent Developments in Twin Lakes At Suntree 1st Addn
Development, infrastructure, retail, and school activity affecting Twin Lakes At Suntree 1st Addn, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- 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 13 miles north of Twin Lakes At Suntree 1st Addn, elsewhere in Brevard County.
Source: Viera - June 2026Development
Proposed Brevard County USL soccer stadium would anchor new mixed-use development
Developers unveiled plans for an 8,000-seat professional soccer stadium along West NASA Boulevard by Melbourne Orlando International Airport as the home of the Space Coast Soccer Club. The complex would include restaurants and retail space, with a targeted opening in spring 2028 and about 20 to 25 professional matches per year.
What it may mean for the marketA new stadium and mixed-use complex would add restaurant, retail, and event space to this part of Melbourne and expand the local commercial and entertainment footprint. The site is about 2 miles north of Twin Lakes At Suntree 1st Addn.
Source: FOX 35 Orlando - June 2026Development
West Melbourne's Space Coast Town Center Expands
The 225-acre Space Coast Town Center on U.S. 192 and Interstate 95 in West Melbourne is advancing a new phase called The Landing, which will feature a grocery anchor, retail shops, restaurants, and roughly 300 apartments. When fully built, the overall development is planned to include more than 2,000 residential units, 300 hotel rooms, office space, and retail.
What it may mean for the marketA new phase adds grocery, retail, dining, and apartment capacity to this mixed-use center and expands the local commercial base at a major highway interchange. The site is about 2 miles west of Twin Lakes At Suntree 1st Addn.
Source: WFTV - 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 13 miles north of Twin Lakes At Suntree 1st Addn, 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 site is about 2 miles north of Twin Lakes At Suntree 1st Addn.
Source: CFL Roads (FDOT) - May 2026Builder Activity
Builder charts course for Cape Canaveral homes with rooftop terraces to watch launches
Miami-based EverHome Living plans 94 three-story townhouses off Astronaut Boulevard along the Banana River in Cape Canaveral, with prices starting around $650,000 and units of roughly 2,800 square feet. Groundbreaking is targeted for the end of 2026, with sales beginning in early 2027.
What it may mean for the marketA new townhouse community would add for-sale housing supply along the Banana River in Cape Canaveral. The project is about 23 miles north of Twin Lakes At Suntree 1st Addn, elsewhere in Brevard County.
Source: Homes.com News
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 Twin Lakes At Suntree buying strategy.
If we were buying in Twin Lakes At Suntree 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 Twin Lakes At Suntree.
A house-by-house market
With no amenities identified from current MLS listings, there is no community clubhouse, pool, or gate to anchor value or justify HOA-style premiums. That tends to reward the buyer who cares about the structure and the location within Suntree more than the lifestyle package, and it rewards the seller who invests in condition before listing.
Location does the heavy lifting here: this is the Suntree side of Melbourne in Brevard County, convenient to the corridor that connects that part of town. Beyond that, evaluate each home on its own — layout, systems, updates, and lot — because within a small addition like this, one renovated house can reset expectations while a tired one drags the read.
The location and the amenities are priced into every listing in Twin Lakes At Suntree. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a small pocket with no amenity story to lean on, pricing lives or dies on comparable condition, and that is exactly where local read matters. We walk the specific home, weigh it against what has actually traded nearby, and tell you plainly whether the asking price reflects the work already done — or the work still needed.
Twin Lakes At Suntree in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $20/month (about $240/yr) · median of 18 MLS listings, most billed annually
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $20 per month ($240 a year) — the median AssociationFee across 18 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 Twin Lakes At Suntree 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 Twin Lakes At Suntree sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Twin Lakes At Suntree, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Twin Lakes At Suntree home worth?
Get a no-obligation home value based on real comparable sales in Twin Lakes At Suntree, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
How many homes are in Twin Lakes At Suntree?
What share of Twin Lakes At Suntree is owner-occupied?
When were the homes in Twin Lakes At Suntree built?
Who is the best real estate agent for Twin Lakes At Suntree?
How do I find a top Melbourne real estate agent who knows Twin Lakes At Suntree?
Can Momentum Realty connect me with an agent for Twin Lakes At Suntree?
Where is Twin Lakes At Suntree, and what county is it in?
Should you buy in Twin Lakes At Suntree?
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) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (3 streets, ZIP 32940)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2004 (18 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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