Waterside At Suntree Ph I Melbourne
Homes for Sale in Melbourne, FL
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast 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.
Waterside At Suntree Ph I Melbourne right now
🟢 Buyer-leaning market. 24.0 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 (2 active and pending listings, 1 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
The setting & the homes.
Aerial and on-site photos of Waterside At Suntree Ph I Melbourne. Swipe to explore the community.
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Waterside At Suntree Ph I Melbourne
Waterside At Suntree Ph I Melbourne
Waterside At Suntree Ph I Melbourne
Waterside At Suntree Ph I Melbourne
Waterside At Suntree Ph I Melbourne
Waterside At Suntree Ph I MelbournePhotos from Space Coast MLS listings in Waterside At Suntree Ph I Melbourne; content deemed reliable but not guaranteed.
Who Waterside At Suntree Ph I Melbourne 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 Ph I Melbourne
Waterside At Suntree Ph I 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 Waterside At Suntree Ph I Melbourne specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Waterside At Suntree Ph I Melbourne
Live MLS inventory for Waterside At Suntree Ph I 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 Waterside At Suntree Ph I 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.
Waterside At Suntree Ph I Melbourne 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 Waterside At Suntree Ph I Melbourne
- 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 Ph I 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 Waterside At Suntree Ph I Melbourne address.
The Waterside At Suntree Ph I Melbourne buying strategy.
If we were buying in Waterside At Suntree Ph I Melbourne 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 Waterside At Suntree Ph I Melbourne.
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 Ph I Melbourne. 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 Ph I Melbourne in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Waterside At Suntree Ph I Melbourne 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 Waterside At Suntree Ph I Melbourne 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 Ph I Melbourne, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Waterside At Suntree Ph I Melbourne home worth?
Get a no-obligation home value based on real comparable sales in Waterside At Suntree Ph I 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 Waterside At Suntree Ph I Melbourne on the map →
Waterside at Suntree Market Scorecard
Waterside at Suntree is currently a buyer-leaning market (limited data). About 24.0 months of supply, a median asking price of $337,500.
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 Waterside At Suntree Ph I Melbourne a buyer's or seller's market right now?
Who is the best real estate agent for Waterside At Suntree Ph I Melbourne?
How do I find a top Melbourne real estate agent who knows Waterside At Suntree Ph I Melbourne?
Can Momentum Realty connect me with an agent for Waterside At Suntree Ph I Melbourne?
Should you buy in Waterside At Suntree Ph I Melbourne?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Waterside At Suntree Ph I Melbourne with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: July 14, 2026) |
| Under-contract shares | Space Coast MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2004 (39 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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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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