Twin Lakes Of Suntree Melbourne in Melbourne

Twin Lakes Of Suntree Melbourne
Homes for Sale in Melbourne, FL

Community in Melbourne · Brevard County
48 homesBuilt 1981–1986
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Built fromLive Space Coast MLS dataFL DOR public recordsUpdated twice daily
Live · Twin Lakes Of Suntree Melbourne Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
12.0mo
Supply
3 to 6 months is the balanced band
0%
Under contract
Brevard: 28% (1,397 of 4,982)
1 · 0
For sale · pending
live counts, refreshed twice daily
Ownership and context
81%
Owner-occupied · Twin Lakes Of Suntree Melbourne
39 of 48 parcels homesteaded (FL DOR 2025)
19%
Non-owner-occupied · Twin Lakes Of Suntree Melbourne
incl. 6% trust or LLC-held · 4% out-of-state
48
Homes in the community
48 residential parcels (FL DOR 2025)
Track record · years of records
Est. 1981
Community established
homes built 1981-1986, median 1982 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Twin Lakes Of Suntree Melbourne is a 48-home enclave built between 1981 and 1986, with a median square footage of 3,510. These are large-format homes on a fixed footprint; condition, updates, and lot position will drive the spread. The high homestead share - 81% - signals long-term ownership, so turnover is thin and intermittent.

One active listing and 12.0 months of supply place this firmly in buyer-leaning territory. Expect negotiation room and time to evaluate. Sellers need patience and realistic pricing; buyers will have the upper hand but should move decisively when a well-maintained example appears, because inventory refills slowly.

Twin Lakes Of Suntree Melbourne Housing Pulse · Momentum Research · as of July 15, 2026

Twin Lakes Of Suntree Melbourne right now

🟢 Buyer-leaning market. 12.0 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 July 15, 2026. Confidence: Low (1 active and pending listings, 0 closed sales in 12 months).

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

Updated July 15, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Best for

  • Buyers seeking large floor plans who are comfortable evaluating update costs and deferred maintenance
  • Empty-nesters or professionals who value space, quiet, and long-term neighbors over newness
  • Buyers with renovation budget and patience, looking for negotiation leverage in a thin-inventory market

Probably not for

  • Buyers who need move-in-ready, modern interiors without additional capital outlay
  • Investors seeking rapid turnover or short hold periods in a high-liquidity market
  • First-time buyers without reserve funds for HVAC, roof, or appliance replacement on older homes

The market around Twin Lakes Of Suntree Melbourne

Twin Lakes Of Suntree Melbourne is too small for its own price trend, so here is the market around it.

Across Brevard County, 3,585 homes are active and 1,397 pending (28% under contract).

ZIP and county figures describe the wider market, not Twin Lakes Of Suntree Melbourne specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in Twin Lakes Of Suntree Melbourne

Live MLS inventory for Twin Lakes Of Suntree Melbourne. 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 Twin Lakes Of Suntree Melbourne listings as of 2026-07-14, 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.

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

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 Twin Lakes Of Suntree Melbourne 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 Twin Lakes Of Suntree Melbourne address.

If we were buying in Twin Lakes Of Suntree Melbourne 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 Twin Lakes Of Suntree Melbourne.

Best Buy
Buyers who want square footage and a stable, mature neighborhood without new-construction pricing.
Biggest Risk
The median year built is 1982 - expect update needs, and budget for deferred systems or cosmetic refresh.
Sweet Spot
A buyer who can evaluate condition independently and is comfortable with large-format, 1980s construction.
Avoid If
You want turnkey modern finishes or need quick resale liquidity - turnover here is slow.

Big homes, thin inventory, high ownership stability

Twin Lakes Of Suntree Melbourne was built out over a five-year window ending in 1986. The median living area is 3,510 square feet - these are not starter homes. With 81% of owners holding homestead exemptions, this is an owner-occupied community where people stay. That stability is a plus for neighborhood continuity, but it also means listings are infrequent.

As of mid-July 2026, one home is on the market against 12.0 months of supply. That buyer-leaning posture gives you time to inspect, compare, and negotiate without pressure. Condition will be the defining variable: original interiors, deferred maintenance, or a dated kitchen will compress value; a thoughtfully updated home will command a premium relative to others in the community.

Community amenities include on-site management, a basketball court, jogging path, park, playground, and tennis courts. Verify current access and maintenance with the HOA. Melbourne's Space Coast location offers proximity to beaches, Port Canaveral, and the Orlando airports, but Twin Lakes sits in a mature, residential pocket - expect quiet streets and an established landscape.

The location and the amenities are priced into every listing in Twin Lakes Of Suntree Melbourne. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a 48-home community with intermittent turnover, you need a broker who knows how to read condition spreads, evaluate deferred maintenance cost, and position an offer or listing against thin comps. Momentum Realty works the Space Coast daily; we will walk you through what updates matter, what the HOA financials show, and when to walk away. We do not push you into a home that is wrong for your budget or timeline.

Twin Lakes Of Suntree Melbourne in 15 seconds.

Best forBuyers who want square footage and a stable, mature neighborhood without new-construction pricing.
Biggest advantageRoom to negotiate in a buyer-leaning market with one active listing and double-digit months of supply.
Biggest riskThe median year built is 1982 - expect update needs, and budget for deferred systems or cosmetic refresh.
Sweet spotA buyer who can evaluate condition independently and is comfortable with large-format, 1980s construction.
Avoid ifYou want turnkey modern finishes or need quick resale liquidity - turnover here is slow.

HOA, CDD & Fees

In short
  • Mandatory HOA - confirm current dues
  • Any club/amenity membership is billed separately

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 Twin Lakes Of Suntree Melbourne sales matched to your home.

What is your Twin Lakes Of Suntree Melbourne home worth?

Get a no-obligation home value based on real comparable sales in Twin Lakes Of Suntree Melbourne, 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 Twin Lakes Of Suntree Melbourne on the map →

Real comps, not an automated estimate.

Twin Lakes of Suntree Market Scorecard

Buyer-Leaning Market (limited data)

Twin Lakes of Suntree is currently a buyer-leaning market (limited data). About 12.0 months of supply, a median asking price of $689,900.

12.0
Months supply
$689,900
Median list
$510,000
Median sold
$231
Per sqft
n/a
Days on mkt
1/0/1
Active/Pend/Sold

Typical home value in the 32940 ZIP is $490,633, about 7.7% 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 2026-07-14. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Is Twin Lakes Of Suntree Melbourne a buyer's or seller's market right now?
As of July 15, 2026, Twin Lakes Of Suntree Melbourne leans toward buyers: 12.0 months of supply at the current sales pace (Space Coast MLS live counts).
How many homes are in Twin Lakes Of Suntree Melbourne?
The Florida DOR 2025 assessment roll shows 48 homes in Twin Lakes Of Suntree Melbourne (public records).
What share of Twin Lakes Of Suntree Melbourne is owner-occupied?
81% of Twin Lakes Of Suntree Melbourne parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Twin Lakes Of Suntree Melbourne built?
Homes in Twin Lakes Of Suntree Melbourne were built between 1981 and 1986, with a median year built of 1982 (FL DOR 2025 roll).
Who is the best real estate agent for Twin Lakes Of Suntree Melbourne?
The best agent for Twin Lakes Of Suntree Melbourne 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 Twin Lakes Of Suntree Melbourne.
How do I find a top Melbourne real estate agent who knows Twin Lakes Of Suntree Melbourne?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Twin Lakes Of Suntree Melbourne and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Twin Lakes Of Suntree Melbourne?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Twin Lakes Of Suntree Melbourne purchase or sale - no call center and no pressure.
Buyers seeking large floor plans who are comfortable evaluating update costs and deferred maintenanceExcellent fit
Empty-nesters or professionals who value space, quiet, and long-term neighbors over newnessExcellent fit
Buyers with renovation budget and patience, looking for negotiation leverage in a thin-inventory marketExcellent fit
Buyers who need move-in-ready, modern interiors without additional capital outlayProbably not
Investors seeking rapid turnover or short hold periods in a high-liquidity marketProbably not
First-time buyers without reserve funds for HVAC, roof, or appliance replacement on older homesProbably not

Nearby Communities

Explore more neighborhoods near Twin Lakes Of Suntree Melbourne with Momentum Realty’s local guides.

SMSan Marino Estates MelbourneMelbourne, FL · 0.2 miTSThe Springs Of Suntree MelbourneMelbourne, FL · 0.5 miPark Meadow W At Suntree MelbourneMelbourne, FL · 0.6 miSMSuntree MelbourneMelbourne, FL · 0.7 miCTCypress Trace Suntree Pud Stage 4 MelbourneMelbourne, FL · 0.8 miOPOak Park At Suntree Replat 1 MelbourneMelbourne, FL · 0.8 miELEagles Landing At Suntree MelbourneMelbourne, FL · 0.9 miBMBaytree MelbourneMelbourne, FL · 0.9 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: July 14, 2026)
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesSpace Coast MLS records, as of 2026-07-12

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 your area comps.

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