Blue Wave
Condos for Sale in Satellite Beach, FL

Blue Wave Condo is a small condo community in Satellite Beach, Brevard County, close to the Atlantic barrier-island lifestyle. With no amenities identified in current listings and very few recent closings, it trades as a condition-driven, unit-by-unit market rather than a data-rich one.

Space Coast MLS sales records identify 7 homes in Blue Wave Condo that have changed hands since 2019, built between 1964 and 1964 (median 1964), with a median living area of about 833 sq ft and a typical 2-bedroom, 1-bath layout; 100% are condominiums. Source: Space Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

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.

Blue Wave Condo is too small for its own price trend, so here is the market around it.

In ZIP 32937, 265 homes are on the market and 24% are under contract — a steady corner of Satellite Beach.

Across Brevard County, 4,132 homes are active and 1,477 pending (26% under contract).

In ZIP 32937 (Satellite Beach), 520 homes closed in the last 12 months at a median of $329K ($211/sq ft), up 0.8% year over year, with a median 36 days on market. Right now 109 active and 38 pending listings put supply at about 3.4 months — a balanced market. See the live ZIP 32937 housing market and the Brevard County market.

ZIP and county figures describe the wider market, not Blue Wave Condo specifically. Momentum Research analysis of MLS records.

The defining feature of Blue Wave right now is scarcity of data. Two closings in the window is not enough to draw a trend line, so we won't pretend to. What we can say is that in a condo of this size, with no shared amenities surfacing in current MLS listings, the value case rests almost entirely on the individual unit and the health of the association — not on a community feature set.

That puts the burden on due diligence. Before you write an offer, we read the budget, reserve study, meeting minutes, and any assessment history, and we look hard at the master insurance policy — coastal condo premiums and coverage terms can change the monthly math quickly. The Satellite Beach location and proximity to the ocean is the draw; the association's financial condition is the deciding factor.

In a low-volume address like this, generic pricing tools are close to useless — there simply aren't enough comparable sales to lean on. Our value is doing the unglamorous work: pulling the association documents, reading the reserves and insurance terms, and pricing a specific unit off its condition and position rather than a broad average. We'll also tell you plainly when the numbers don't line up.

Listings in this community report association dues of about $260 per month ($3,120 a year) — the median AssociationFee across 22 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.