Waterside At Suntree
Condos for Sale in Melbourne, FL
All 713 homes for sale in Melbourne, FL · median $399,900 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of November 2026, Waterside At Suntree Ph I in Melbourne, FL has 2 homes for sale. Homes listed or recently sold were built 1984–1984; 3 of 3 report an HOA (median $535/mo); none of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 32 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).
Waterside at Suntree Phase I is a fully matured amenity community in east Melbourne with virtually no liquidity - two years' worth of supply at the current sales pace tells you this isn't a place where inventory turns over. When something does come to market, pricing is idiosyncratic: age, floorplan, and finish level matter more than the comp sheet because there simply isn't a steady drumbeat of sales to anchor values.
The 24-month supply puts this firmly in buyer-leaning territory, but 'leaning' understates it - you have time to be selective, and sellers who've held through this cycle know they need to meet the market. The amenity package is broad (pool, fitness, dog park, golf course access), and that lifestyle bundle is what you're really underwriting here, not appreciation velocity.
Figures in this note are as of July 16, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
A low-turnover, amenity-rich enclave in Melbourne with a deep buyer's market and pricing that reflects condition and individual home features more than neighborhood momentum.
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 Waterside At Suntree. Swipe to explore the community.
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Waterside At SuntreePhotos from Space Coast MLS listings in Waterside At Suntree; content deemed reliable but not guaranteed.
Who Waterside At Suntree is best for.
Best for
- Buyers planning a long hold who value amenities and aren't banking on rapid appreciation.
- Negotiators with time to wait for the right home and the patience to work a slow market.
- Households prioritizing maintained grounds and shared facilities over resale velocity.
Probably not for
- Investors chasing short-term flips or markets with tight inventory and fast turns.
- Buyers who need lots of choice - two active listings is the current reality.
- Anyone counting on strong appreciation driven by neighborhood demand or new construction energy.
The market around Waterside At Suntree
Waterside At Suntree 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 Waterside At Suntree specifically. Momentum Research analysis of MLS records.
Waterside at Suntree Market Scorecard
Waterside at Suntree is currently a buyer-leaning market (limited data). Limited supply, a median asking price of $327,500.
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 2026-11-13. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in Waterside At Suntree
Live MLS inventory for Waterside 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.
Active and pending Waterside At Suntree listings as of 2026-11-13, priced high to low. Based on information from the Space Coast MLS. Tap any home to ask about it.
Every Home for Sale in Waterside At Suntree Ph I Melbourne Right Now (3)
All 3 active and pending Waterside At Suntree Ph I Melbourne listings with a detail page, newest first, refreshed twice a day from the MLS.
- 330 Lofts Drive · $330,000 · 3 bd / 3 ba · listed Aug 15, 2026 · listed by Better Homes & Gardens RE Star
- 360 Lofts Drive · $325,000 · 2 bd / 2 ba · listed Aug 15, 2026 · listed by RE/MAX Elite
- 340 Lofts Drive #C-2 · $239,900 · 3 bd / 3 ba · pending · listed Aug 15, 2026 · listed by aReal Estate Service Team
Waterside At Suntree 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 Waterside At Suntree
- Maintenance Grounds · reported on 2 of 2 listings
- Pool · reported on 2 of 2 listings
- Management - Off Site · reported on 1 of 2 listings
- Dog Park · reported on 1 of 2 listings
- Fitness Center · reported on 1 of 2 listings
- Golf Course · reported on 1 of 2 listings
- Maintenance Structure · reported on 1 of 2 listings
- Park · reported on 1 of 2 listings
- Playground · reported on 1 of 2 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 Waterside At Suntree 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 Waterside At Suntree address.
Shop the zone: Homes zoned for Viera High School
Recent Developments in Waterside At Suntree Ph I
Development, infrastructure, retail, and school activity affecting Waterside At Suntree Ph I, 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 8 miles south of Waterside At Suntree Ph I, 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 northwest of Waterside At Suntree Ph I.
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 Waterside At Suntree Ph I.
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 4 miles northwest of Waterside At Suntree Ph I, 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 4 miles west of Waterside At Suntree Ph I, 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 Waterside At Suntree Ph I, 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 Waterside At Suntree buying strategy.
If we were buying in Waterside 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 Waterside At Suntree.
What the supply number really means
Twenty-four months of inventory is extreme by Florida standards - it signals a community where owners rarely move and buyers aren't in a hurry. Only two active listings means choice is narrow, but the ultra-slow absorption tells you sellers have little negotiating leverage. If you find the right home here, you're not competing against other offers; you're working a one-on-one transaction where the appraisal and your inspection findings carry real weight.
The amenity roster - maintained grounds, a pool, fitness center, dog park, and proximity to a golf course - positions Waterside as a lifestyle buy, not a flip candidate. Maintenance is off-site and includes both grounds and structure, so your HOA fee is doing work; verify the current assessment and reserve health before you write an offer. The park and playground suggest the community was designed with a range of household types in mind, but these features also mean your dues support infrastructure you may or may not use.
Location is Melbourne proper in Brevard County, which puts you in the Space Coast orbit - commutes to Patrick Space Force Base or the broader tech corridor are feasible, and you're a reasonable drive from the beach. But this isn't a high-churn commuter suburb; it's a settled neighborhood where pricing hinges on the condition and updates of the individual home, not on hot market tailwinds.
The location and the amenities are priced into every listing in Waterside At Suntree. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this slow, you need a broker who will tell you when to walk and who knows how to extract value in a negotiation where time is on your side. We'll run the HOA financials, comp the home against the handful of recent sales that exist, and help you structure an offer that reflects the two-year supply reality. If you're selling, we'll price for the market that is - not the one you wish existed - and find the patient buyer who values what Waterside actually offers.
Waterside At Suntree in 15 seconds.
Tools for a Waterside At Suntree buy.
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Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Waterside 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 Waterside At Suntree, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: November 13, 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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