Waterside at Suntree in Melbourne

Waterside
at Suntree

Melbourne · Brevard County

A 1980s townhome enclave inside Suntree in Melbourne, loft-style units around community lakes with a pool.

Townhomes in SuntreeLoft-style, lake settingCommunity pool
Live Market Pulse
47/100
Momentum
Buyer-Leaning Market (limited data)
Tight supply keeps sellers in control, but dated interiors still trade at a discount, so condition is where buyers win.
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Unlock Off-Market Waterside at Suntree

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Space Coast MLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulseSpace Coast MLS
$240K
Median Price
24mo
Supply
n/a
Avg DOM
Soft
Seller Leverage
$174/sf
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Waterside is a townhome enclave inside the larger Suntree planned community in Melbourne (Brevard County, ZIP 32940), built in the 1980s as loft-style attached units reportedly running roughly 1,000 to 2,000 square feet with high ceilings and screened patios, set among Suntree's lakes with a community pool. The read is attainable, low-maintenance living inside an established Suntree address: this is an attached-home market, so value turns on the specific unit's condition and updates, the floor plan and any loft, the HOA and what it covers, and confirming whether it is fee simple or a condo form of ownership. Treat all figures as reported and confirm."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Waterside at Suntree market snapshot (as of June 17, 2026): the median sale price is about $240K ($174 per sq ft), a buyer-leaning market (limited data). Based on 1 recent closings in live Space Coast MLS data.

Waterside is a townhome community within Suntree in Melbourne (Brevard County, ZIP 32940). Suntree is a large planned community begun in 1975, with reported 1,000-plus acres of lakes and waterways and over 100 miles of trails across roughly 4,500 homes.

Waterside's units are loft-style attached townhomes built in the 1980s, reported at roughly 1,000 to 2,000 square feet, with high ceilings and screened patios, set among the community's lakes.

The HOA is reported to cover items such as cable and water for residents, and there is a community pool. Treat any inclusion as reported and confirm the current dues, what they cover, and the form of ownership in writing.

Because Waterside is an attached-townhome enclave inside a master community, the decision is unit-and-association specific. Confirm the HOA and inclusions, the floor plan and condition, any Suntree master association fee, then comp within Waterside.

Best for

  • Buyers who want attainable, low-maintenance attached living inside an established Suntree address
  • Buyers who like loft-style townhomes in a lake setting with a community pool
  • Buyers who will confirm the HOA, inclusions, and the form of ownership
  • Buyers comfortable comping townhome against townhome

Probably not for

  • Buyers who want a detached single-family home or a private yard
  • Buyers who want new construction or large square footage
  • Buyers who want to avoid HOA rules on an attached home
  • Buyers who want a waterfront single-family lot

How Waterside at Suntree is performing right now

47/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
24Months of supplytight
72Median days on marketdays
0 : 2Under contract vs for salestrong demand
1Sold in last 12 monthsliquidity
+12%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from the Space Coast MLS, as of June 17, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Waterside at Suntree listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Waterside at Suntree buys, holds, and resells. See the five factors.

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 2026-06-17, priced high to low. Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS.. Tap any home to ask about it.

Listing locations from Space Coast MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The takeaway

The location is the everyday-convenience case: shopping, schools, and the major roads are all a manageable drive.

Wickham Road~5 min · Suntree main corridor, approximate
I-95 (Wickham or Viera)~5 to 10 min · regional access
Melbourne / Orlando Melbourne Intl (MLB)~15 to 20 min · south, approximate
Brevard beaches (Satellite Beach / Indialantic)~20 to 30 min · east to the coast
Viera town center area~5 to 10 min · north, shopping and dining
Orlando Intl (MCO)~60 to 70 min · northwest, approximate

Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Watersideat Suntree with Momentum Realty’s local guides.

Egrets CoveEgrets CoveMerritt Island, FL · 0.2 miCapron RidgeCapron RidgeMelbourne, FL · 0.3 miSix MileCreekSix MileCreekMelbourne, FL · 0.8 miQuail RidgeTownhousesQuail RidgeTownhousesMelbourne, FL · 1.2 miHoneymoon HillHoneymoon HillMerritt Island, FL · 1.3 miAVAddison Village Homes for Sale in Viera, FLViera, FL · 1.4 miKerringtonKerringtonMelbourne, FL · 1.6 miAripekaLuxury Viera CustomAripekaLuxury Viera CustomMelbourne, FL · 1.8 miBridgewaterat VieraBridgewaterat VieraMelbourne, FL · 1.8 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Waterside at Suntree (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Waterside at Suntree is served by Brevard County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any Waterside at Suntree address.

The takeaway

What actually shapes value at Waterside at Suntree, sourced and dated. We do not publish rumor.

Recent Developments in Waterside at Suntree

Our read on what is being built around Waterside at Suntree, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThe structural story is a 1980s loft-style townhome enclave inside the Suntree master community with a pool and lake setting. The watch items are the HOA and its inclusions, the form of ownership, the floor plan and condition, and any master association fee.

Attached townhomes inside the established Suntree community

BullishAn attainable, low-maintenance product inside a recognized Suntree address with lakes, trails, and a pool supports steady demand; confirm the HOA, inclusions, and ownership form per unit. impact
SignificanceRadius: Community

Attached townhomes inside the established Suntree community

1980s construction and an attached-home form

NeutralOlder attached units mean roof, systems, and shared-component responsibility vary, and the form of ownership (townhome versus condo) shapes financing and fees; confirm per unit. impact
SignificanceRadius: On-site

1980s construction and an attached-home form

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Waterside at Suntree, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. 1980s
    Community

    Loft-style townhomes built within the Suntree planned community

    Waterside is a 1980s loft-style townhome enclave inside Suntree in Melbourne, reported at roughly 1,000 to 2,000 square feet with high ceilings and screened patios, set among the community lakes with a pool, and an HOA reported to cover items such as cable and water (community profiles). Suntree itself dates to 1975 with reported 1,000-plus acres of lakes and 100-plus miles of trails. Treat figures as reported and confirm. Why it matters: The Suntree address plus low-maintenance attached living is the story; value turns on the unit and the association. Source

Development alerts for Waterside at SuntreeGet a short monthly email when something new is approved, funded, or opens near Waterside at Suntree.

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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.

If we were buying in Waterside at Suntree, this is the order of operations we would run, and the one we run for our clients.

1

Confirm the HOA dues and exactly what they cover in writing, including any cable, water, exterior, or insurance inclusions.

2

Confirm the form of ownership, whether the unit is a fee-simple townhome or a condo, since it shapes financing and fees.

3

Read the floor plan and condition, including any loft, the roof or shared-roof responsibility, HVAC, and systems.

4

Confirm any Suntree master association fee and what it adds on top of the Waterside HOA.

5

Comp within Waterside, townhome against townhome, not against Suntree single-family homes.

Best Buy
An updated loft-style unit with a strong floor plan, with the HOA inclusions, the ownership form, and any master fee confirmed.
Biggest Risk
Misreading the form of ownership or the HOA inclusions, or missing shared-component or roof responsibility on an older attached home.
Best Lot
Position within the enclave and lake or pool proximity separate otherwise similar units.
Smart Timing
Confirm the HOA inclusions, the ownership form, and the condition before you write.
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Waterside at Suntree is a 1980s loft-style townhome enclave within the Suntree planned community in Melbourne (Brevard County, ZIP 32940), with units reported at roughly 1,000 to 2,000 square feet, high ceilings, and screened patios, set among community lakes with a pool. The HOA is reported to cover items such as cable and water, and Suntree has a master association that may carry its own fee. Treat any figure as reported and confirm the dues, inclusions, form of ownership, and master fee. It is zoned to Brevard County public schools by address; verify with the district.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Entry: units needing updates
$240K to $240K

The most attainable units need cosmetic or systems work. Confirm the HOA inclusions and the ownership form before assuming a value.

Lowest entry
Mid: maintained loft-style townhomes
$240K to $240K

The middle is well-maintained units with a good floor plan. Condition and layout separate these more than square footage alone.

Most inventory
High: updated units in the best positions
$240K to $240K

The top end is updated units with the better lake or pool proximity and strongest layouts. These trade on condition and position.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

$240K to $240K
Entry: units needing updates
The most attainable units need cosmetic or systems work. Confirm the HOA inclusions and the ownership form before assuming a value.
$240K to $240K
Mid: maintained loft-style townhomes
The middle is well-maintained units with a good floor plan. Condition and layout separate these more than square footage alone.
$240K to $240K
High: updated units in the best positions
The top end is updated units with the better lake or pool proximity and strongest layouts. These trade on condition and position.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Better lots and views resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

No CDD on the tax billStrong
Central Melbourne locationStrong
Scarce, established homesitesStrong
Established, in-demand locationPositive
All-resale 1990s conditionManage it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Waterside at Suntree

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Underbudgeting the carrying costs
  • Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

The Suntree address, the lakes, and the pool are priced into every Waterside listing. The deal is won on the unit's condition and floor plan, the HOA inclusions, and the form of ownership, not the sticker.

Jon Brooks · Founder, Momentum Realty
7.4B · Buy Score
Resale Strength7.5/10
Renovation Risk5.8/10
Location Efficiency8.0/10
Long-Term Defensibility7.2/10
Carrying Cost Advantage7.2/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on Waterside at Suntree is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Space Coast MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Space Coast MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium

Fill = price per square foot; ring = by realized $/sqft per unit. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Space Coast MLS; for orientation, not an appraisal.

15-Second Take
  • Position within the enclave and lake or pool proximity matter.
  • Floor plan and any loft separate similar units.
  • Condition and shared-component responsibility drive value.
  • Confirm the HOA inclusions and the ownership form per unit.

In an attached-townhome enclave like Waterside, position and the unit itself set value rather than a private lot. Units with better lake or pool proximity and stronger loft floor plans hold value better, and condition and shared-component responsibility matter just as much. Compare a unit against the closest like sale within Waterside, and confirm the HOA inclusions and the form of ownership before the finishes.

Waterside at Suntree in 15 seconds.

Best forBuyers who want attainable, low-maintenance attached living inside an established Suntree address.
Strong onLoft-style townhomes in a lake setting with a community pool and easy Wickham and I-95 access.
WatchThe HOA inclusions, the form of ownership, the floor plan and condition, and any master association fee.
Not forBuyers who want a detached home, a private yard, new construction, or no HOA.
The edgeAn updated unit with a strong loft floor plan and clear, inclusive HOA is the find in this enclave.

HOA, CDD & Fees

15-Second Take
  • Confirm the HOA dues and exactly what they cover in writing.
  • Confirm whether the unit is a townhome or a condo.
  • Confirm any Suntree master association fee on top.
  • Read the floor plan, the loft, and the condition.
  • Comp townhome against townhome within Waterside.

Waterside has a homeowners association reported to cover items such as cable and water, and there is a community pool. Suntree also has a master association that may carry its own fee. Treat any figure as reported and confirm the current Waterside HOA dues, exactly what they cover, the form of ownership, and any master association fee in writing before you offer.

The HOA is reported to include items such as cable and water; confirm the full list, any exterior or insurance coverage, and the form of ownership for the specific unit.

No golf club is included with Waterside itself; the enclave centers on a community pool within the broader Suntree community of lakes and trails. Confirm current amenities and any master association access.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Waterside at Suntree, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Waterside at Suntree, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Waterside at Suntree home worth?

Get a no-obligation home value based on real comparable sales in Waterside at Suntree matched to your condition, lot, and view, 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 on the map →
Or get your Waterside at Suntree home value & selling guide →

Real comps, not a Zestimate.

Waterside at Suntree Market Scorecard

Buyer-Leaning Market (limited data)

Waterside at Suntree is currently a buyer-leaning market (limited data). About 24.0 months of supply, a median asking price of $347,500.

24.0
Months supply
$347,500
Median list
$240,000
Median sold
$174
Per sqft
n/a
Days on mkt
2/0/1
Active/Pend/Sold

Typical home value in the 32940 ZIP is $484,704, about 8.4% 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 2026-06-18. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

What is Waterside at Suntree?
It is a 1980s townhome enclave inside the Suntree planned community in Melbourne, with loft-style attached units around community lakes and a pool.
Are these townhomes or condos?
They are described as loft-style townhomes, but the form of ownership shapes financing and fees. Confirm whether a specific unit is a fee-simple townhome or a condo before you offer.
What does the HOA cover at Waterside?
The HOA is reported to cover items such as cable and water, and there is a community pool. Confirm the full list of inclusions and the current dues in writing for the specific unit.
Is there a Suntree master association fee?
Suntree has a master homeowners association that may carry its own fee on top of the Waterside HOA. Confirm both fees and what each covers before you offer.
How big are the units?
They are reported at roughly 1,000 to 2,000 square feet, with high ceilings and screened patios. Confirm the square footage and floor plan for the specific unit.
When was Waterside built?
The units are reported as 1980s construction. Read the roof or shared-roof responsibility, HVAC, and systems on the specific unit, since condition varies.
What amenities are there?
Waterside centers on a community pool within the broader Suntree community, which is known for its lakes and trails. Confirm current amenities and any master association access.
Where is Waterside at Suntree located?
Within Suntree in Melbourne (Brevard County, ZIP 32940), convenient to Wickham Road, I-95, the Viera area, and the Brevard beaches to the east.
What schools serve Waterside?
It is zoned to Brevard County public schools by home address; assignments change, so verify the exact zoned schools with the district.
Is Waterside at Suntree a good investment?
An attainable, low-maintenance product inside an established Suntree address supports steady demand, but value is unit-specific. Confirm the HOA, the ownership form, and the condition before deciding.
How far is the beach?
The Brevard beaches are roughly 20 to 30 minutes east. Drive times are approximate and vary with traffic.
Should I use the listing agent to buy here?
No. The listing agent works for the seller. On an attached home where the HOA inclusions and the form of ownership drive value, having your own representation to read the association and the comps is the highest-leverage decision you make.
You want attainable, low-maintenance attached living inside an established Suntree addressExcellent fit
You like loft-style townhomes in a lake setting with a community poolExcellent fit
You will confirm the HOA, inclusions, and the form of ownershipExcellent fit
You want a detached single-family home or a private yardProbably not
You want new construction or large square footageProbably not
You want to avoid HOA rules on an attached homeProbably not

Get the inside read on Waterside at Suntree

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Waterside at Suntree home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

We respond personally, usually the same day.

You are all set.

A Momentum Realty Waterside at Suntree specialist will reach out personally, usually the same day.

Space Coast MLS logo
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Source: Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS.

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