Waterstone in Palm Bay

Waterstone
Homes for Sale in Palm Bay, FL

All 1,154 homes for sale in Palm Bay, FL · median $342,995 · Brevard County homes for sale

Community in Palm Bay · Brevard County
Median sale $315K
Free · No obligation
Talk to a Waterstone Expert

True comps, carrying-cost math, and listings before the portals.

Live Market Pulse
34/100
Market Heat
Cooler than normal
2013 → 2026 · 92 at the 2022 peak
0 is Waterstone's coldest market since 2013, 100 its hottest. Today: 34. How it's scored

Photo via Space Coast MLS

Built fromLive Space Coast MLS data18 years of closingsUpdated twice daily

Over the 12 months ending 2026-07-15, 10 recorded sales closed at a median of $315,000, $172 per square foot, a median 55 days on market, sellers accepting 93% of original asking (+5% versus the prior year). Homes listed or recently sold were built 2006–2022; 18 of 18 report an HOA (median $145/mo); none of the 9 geocoded homes sit in a FEMA special flood hazard zone (median elevation 27 ft). At the median price and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $4,920 ($4,290 with the full homestead exemption).

Part of the Waterstone master-planned community in Palm Bay, FL — see all Waterstone homes for sale (27 listings across 9 villages and sections in the MLS).

Waterstone Plat 1 Pud key facts
LocationPalm Bay, Brevard County, FL
Home types (current listings and sales)single-family 100%
Amenities listed by sellersClubhouse, Fitness Center, Tennis Court(s), Gated, Pickleball, Security Gate
Sale prices, last 12 months$315,000 median across 10 closed sales · $172 per sq ft · +5.3% vs the prior 12 months
Days on market (closed sales)55 median

Data as of July 15, 2026. Based on information from the Space Coast MLS for the period %s through %s. Market figures describe homes, not residents. Cite as: Momentum Realty, “Waterstone Plat 1 Pud key facts,” movewithmomentum.com/neighborhoods/waterstone-plat-1-pud, data as of July 15, 2026.

Last 30 days in Waterstone: 3 under contract right now, 1 closed sale (median $235,000). As of September 26, 2026, Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed by the MLS to be accurate.

Live · Waterstone Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$315K ▲
Median sold · 12 mo
up 5.3% vs the prior 12 months
+5.3% ▲
1-yr price change
n = 10 and 8 sales in the two windows
$173/sf
Sold $/sqft · 12 mo
peak $198 in 2025
93.0%
Sale vs ask
+125%
T12M median vs 2012
from a $140K median in 2012
Tempo
55days
Median DOM · closed
15 days at the 2022 low
10
Sold · last 12 mo
10-yr average: about 18 a year
Track record · 18 years of records
1,992sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in Waterstone

Live MLS inventory for Waterstone. 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 Waterstone listings as of 2026-09-26, 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.

Every Home for Sale in Waterstone Plat 1 Pud Right Now (6)

All 6 active and pending Waterstone Plat 1 Pud listings with a detail page, newest first, refreshed twice a day from the MLS.

  • 3540 Plume Way · $335,000 · 3 bd / 3 ba · listed Jun 27, 2026 · listed by EXP Realty, LLC
  • 1574 Dittmer Circle · $379,900 · 4 bd / 2 ba · listed Jun 27, 2026 · listed by Coldwell Banker Coast Realty
  • 1740 Dittmer Circle · $299,900 · 3 bd / 2 ba · listed Jun 27, 2026 · listed by Coldwell Banker Paradise
  • 1639 Dittmer Circle · $256,500 · 3 bd / 2 ba · pending · listed Jun 27, 2026 · listed by ITG Realty
  • 3405 Hyperion Way · $284,900 · 2 bd / 2 ba · pending · listed Jun 27, 2026 · listed by Waterman Real Estate, Inc.
  • 1914 Middlebury Drive · $444,000 · 3 bd / 2 ba · pending · listed Jun 27, 2026 · listed by EXP Realty, LLC
Waterstone Housing Pulse · Momentum Research · as of July 15, 2026

Waterstone right now

🟡 Still climbing. The trailing-12-month median ($315K) is up 5.3% from the prior 12 months ($299K) and up 125% since 2012. With about 18 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Space Coast MLS closed sales, 12-month windows ending July 15. Confidence: Medium (10 and 8 sales in the two windows).

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

· Updated September 27, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Nearby homes for sale

No active listings inside WaterstoneHomes for Sale in Palm Bay, 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.

1740 Dittmer Circle
$300K · 0.1 mi away
3 bd · 2 ba · 1,558 sqft
1740 Dittmer Circle
Listed by Coldwell Banker Paradise
1639 Dittmer Circle
$256K · 0.1 mi away
3 bd · 2 ba · 1,460 sqft
1639 Dittmer Circle
Listed by ITG Realty
3540 Plume Way
$335K · 0.2 mi away
3 bd · 3 ba · 2,023 sqft
3540 Plume Way
Listed by EXP Realty, LLC
3466 Rixford Way
$440K · 0.2 mi away
4 bd · 2 ba · 2,106 sqft
3466 Rixford Way
Listed by LoKation
1574 Dittmer Circle
$380K · 0.2 mi away
4 bd · 2 ba · 2,207 sqft
1574 Dittmer Circle
Listed by Coldwell Banker Coast Realty
3507 Rixford Way
$519K · 0.2 mi away
4 bd · 3 ba · 2,266 sqft
3507 Rixford Way
Listed by Florida East Coast Real Estate

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Waterstone market snapshot (as of July 15, 2026): the median sale price is about $315K ($173 per sq ft over the trailing 12 months of closed sales), and a median 55 days on market for closed sales. The trailing-12-month median is up 5% from the prior 12 months and up 125% since 2012, computed from record-level Space Coast MLS closed sales (10 closings in the current window).

Windows contain 8 to 43 sales each (10 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Space Coast MLS for the period %s through %s. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$300K$400K20122014201620182020202220242026
Up 5.3% year over year; up 125% since 2012.
Every sale since 2008 · price vs size
$0$200K$400K2k3k
271 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$20020122014201620182020202220242026
Up from $68 in 2012 to a $198 peak in 2025; $173 now.
Median days on market · closed sales
5010020122014201620182020202220242026
15 days at the 2022 low; 55 now.
Sale price vs original ask · median
90%95%100%20122014201620182020202220242026
93.0% now.
Homes sold per 12-mo window
0204020122014201620182020202220242026
8 to 43 a year; 10 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2014201620182020202220242026
92 at the 2022 peak, 20 in the troughs, 34 now. Same score as the hero card, full history.
How much local inventory is already under contract

22% of homes for sale in ZIP 32909 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-24).

Waterstone Market Scorecard

Balanced

Waterstone is currently a balanced market..

$315,000
Median sold
$172
List $/sqft
3/3/12
Active/Pend/Sold

Go deeper: county scorecard · true cost calculator · affordability calculator.

Live data: Space Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Sunrise · Elementary
  • Southwest · Middle
  • Bayside · High

Zoned schools reflect the assignments reported on recent Waterstone 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 Waterstone address.

Recent Developments in Waterstone Plat 1 Pud

Development, infrastructure, retail, and school activity affecting Waterstone Plat 1 Pud, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

Dev Momentum81/100 · High
  1. July 2026
    Retail & 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 Waterstone Plat 1 Pud, elsewhere in Brevard County.

    Source: Viera
  2. June 2026
    Development

    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 project is about 5 miles east of Waterstone Plat 1 Pud, elsewhere in Brevard County.

    Source: FOX 35 Orlando
  3. June 2026
    Development

    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 3 miles east of Waterstone Plat 1 Pud.

    Source: WFTV
  4. June 2026
    Development

    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 12 miles north of Waterstone Plat 1 Pud, elsewhere in Brevard County.

    Source: ClickOrlando
  5. May 2026
    Infrastructure

    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 5 miles northeast of Waterstone Plat 1 Pud, elsewhere in Brevard County.

    Source: CFL Roads (FDOT)
  6. May 2026
    Builder 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 24 miles north of Waterstone Plat 1 Pud, elsewhere in Brevard County.

    Source: Homes.com News

Development alerts for Waterstone Plat 1 PudGet a short monthly email when something new is approved, funded, or opens near Waterstone Plat 1 Pud.

A monthly email from Momentum Realty. Unsubscribe anytime. See our privacy and disclosures.

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 Waterstone 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

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

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 Waterstone.

A closer look at the Waterstone market

At a median of $173 per square foot, Waterstone prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

The trailing-12-month median up 5% year over year. Homes that do trade take a median 55 days on market, useful leverage on any listing that has lingered.

“

The location and the amenities are priced into every listing in Waterstone. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
6.9B- · Buy Score
Long-Term Appreciation8.0/10
Recent Direction7.3/10
Pricing Power5.4/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (6.9). Basis: Long-Term Appreciation +125% since 2012; Recent Direction +5.3% year-over-year; Pricing Power 93.0% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Waterstone homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Waterstone.
In short
  • HOA dues reported around $242/month (about $2,904/yr) · median of 156 MLS listings, most billed monthly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $242 per month ($2,904 a year) — the median AssociationFee across 156 MLS records, normalised to a monthly figure; most are billed monthly. 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, 2026-09.

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 Waterstone sales matched to your home.

What is your Waterstone home worth?

Get a no-obligation home value based on real comparable sales in Waterstone, 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 all homes for sale in Palm Bay →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Waterstone?
The median sale price in Waterstone was $315K over the 12 months ending July 15, 2026 (10 closed sales, Space Coast MLS).
How long do homes in Waterstone take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 55 days on market (10 sales, Space Coast MLS).
Have Waterstone home prices gone up?
The trailing-12-month median is up 125% since 2012, from $140K to $315K (Space Coast MLS closed records).
Who is the best real estate agent for Waterstone?
The best agent for Waterstone is one who actively works Palm Bay 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 Waterstone.
How do I find a top Palm Bay real estate agent who knows Waterstone?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Waterstone and the wider Palm Bay area.
Can Momentum Realty connect me with an agent for Waterstone?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Waterstone purchase or sale - no call center and no pressure.
Where is Waterstone, and what county is it in?
Waterstone is in Palm Bay, Brevard County, FL.

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: September 26, 2026)
Community market statsSpace Coast MLS closed sales, 12-month windows ending July 15, 2026
Under-contract sharesSpace Coast MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2008 (271 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.

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 local comps.

Looking to buy here? Search homes for sale →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

By submitting, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call, email, and text you about your inquiry, which may involve automated means and prerecorded or artificial voices. You do not need to consent as a condition of buying any property, goods, or services. To opt out, reply STOP at any time or reply HELP for assistance. You can also click the unsubscribe link in emails. Message and data rates may apply. Message frequency may vary. See our Privacy Policy and SMS Terms.or call (904) 351-6461
CallFree valuation →

Nearby Communities

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

Waterstone0.0 mi awayHeron Bay At Waterstone0.0 mi awayW(Waterstone (Brevard)0.1 mi away · median $310K, 13 sales/12 moCACourtyard At Waterstone0.3 mi away · 220 homes, built 2022–24, 5 for saleCACourtyards At Waterstone0.3 mi away · median $455K, 5 sales/12 moCypress Bay West Freedom0.5 mi away · 290 homes, built 2023–24, 30 for sale

Browse all neighborhood guides →

Thinking of selling in Waterstone Plat 1 Pud? 10 recorded closings; median 55 days on market (window ending 2026-07-15). See the Brevard County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
Talk to a Local Waterstone Expert
Call Get Listings