Waterway Estates 3Rd Addn Satellite Beach in Satellite Beach

Waterway Estates 3Rd Addn Satellite Beach
Homes for Sale in Satellite Beach, FL

Community in Satellite Beach · Brevard County
350 homesBuilt 1961–2024
Free · No obligation
Talk to a Waterway Estates 3Rd Addn Satellite Beach Expert

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

Photo via Space Coast MLS

Built fromLive Space Coast MLS dataFL DOR public recordsUpdated twice daily
Live · Waterway Estates 3Rd Addn Satellite Beach Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
4.0mo
Supply
3 to 6 months is the balanced band
44%
Under contract
Brevard: 28% (1,397 of 4,982)
5 · 4
For sale · pending
live counts, refreshed twice daily
Ownership and context
75%
Owner-occupied · Waterway Estates 3Rd Addn Satellite Beach
262 of 350 parcels homesteaded (FL DOR 2025)
25%
Non-owner-occupied · Waterway Estates 3Rd Addn Satellite Beach
incl. 10% trust or LLC-held · 4% out-of-state
350
Homes in the community
350 residential parcels (FL DOR 2025)
Track record · years of records
Est. 1961
Community established
homes built 1961-2024, median 1965 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Waterway Estates 3rd Addition is a mature neighborhood of roughly 350 homes built overwhelmingly in the mid-1960s, with median living space around 2,368 square feet. The three-quarter homestead share signals established ownership. What sets price here is condition and updates - the age of the housing stock means everything, and buyers need to budget for either extensive renovation or pay a premium for someone else's remodel work.

The market is balanced at four months of supply with five active listings in July 2026. Neither buyer nor seller holds the whip hand. If you want a slab ranch with room to spread out near Satellite Beach amenities, expect negotiation to hinge on deferred maintenance and the quality of any cosmetic work already done.

Waterway Estates 3Rd Addn Satellite Beach Housing Pulse · Momentum Research · as of July 15, 2026

Waterway Estates 3Rd Addn Satellite Beach right now

🟡 Balanced market. 4.0 months of supply and 44% of the inventory already under contract put buyers and sellers on roughly even footing.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: Medium (9 active and pending listings, 0 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

Best for

  • Buyers hunting larger single-family homes in Satellite Beach who can evaluate deferred maintenance and budget accordingly.
  • Renovation-ready buyers with cash reserves who see value in acquiring square footage at a discount and controlling the update process.
  • Established owners looking to trade up within Brevard's coastal corridor without paying new-construction premiums.

Probably not for

  • First-time buyers stretching to meet the purchase price with no contingency fund for systems replacement or permitting surprises.
  • Investors counting on quick cosmetic flips in a neighborhood where the next buyer will hire a thorough inspector.
  • Anyone who needs a warranty, modern systems, and the certainty that nothing will break in the first twelve months.

The market around Waterway Estates 3Rd Addn Satellite Beach

Waterway Estates 3Rd Addn Satellite Beach 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 Waterway Estates 3Rd Addn Satellite Beach specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in Waterway Estates 3Rd Addn Satellite Beach

Live MLS inventory for Waterway Estates 3Rd Addn Satellite Beach. 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 Waterway Estates 3Rd Addn Satellite Beach 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.

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
  • Sea Park · Elementary
  • DeLaura · Middle
  • Satellite · High

Zoned schools reflect the assignments reported on recent Waterway Estates 3Rd Addn Satellite Beach 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 Waterway Estates 3Rd Addn Satellite Beach address.

If we were buying in Waterway Estates 3Rd Addn Satellite Beach 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 Waterway Estates 3Rd Addn Satellite Beach.

Best Buy
Buyers who want elbow room in Satellite Beach and have either renovation skills or a healthy contingency budget.
Biggest Risk
Age of housing stock means hidden systems costs - what you save on purchase price may evaporate in the first year of ownership.
Sweet Spot
A recently updated ranch where someone else has already replaced the roof, HVAC, and panel, priced for the work already done.
Avoid If
You need turnkey and have no appetite for contractor quotes, permit pulls, or the discovery process that comes with homes pushing sixty.

Six decades of housing stock, no HOA gloss

The year-built range runs from 1961 to 2024, but the median build date is 1965 - this is fundamentally a mid-century subdivision with a handful of teardown-rebuilds scattered through. No community amenities appear in current listings, so you are buying the lot, the location in Satellite Beach, and whatever four walls happen to sit on the parcel.

Median living area of 2,368 square feet means these are larger single-family homes, typically slab construction on Brevard's barrier island or near-coastal grid. The homestead share of 75 percent reflects long-term ownership and a base of residents who have stayed through multiple market cycles. Turnover is measured, and when a home does list, condition drives every dollar of the negotiation.

Five active listings against 350 homes yields four months of supply - textbook balance. Buyers have time to inspect and negotiate; sellers cannot dictate terms but will not be giving homes away. The wild card is always the bones: original electrical, plumbing, and HVAC in a sixty-year-old house means you need either cash reserves or a willingness to live with deferred work.

The location and the amenities are priced into every listing in Waterway Estates 3Rd Addn Satellite Beach. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Momentum Realty knows Brevard's older coastal inventory and will walk every crawlspace and attic with you before you write an offer. We work with inspectors who understand mid-century Florida construction, and we will tell you when a cosmetic flip is hiding structural trouble. In a neighborhood where condition is everything and comparables span six decades, you need a broker who prices on facts, not zip-code averages.

Waterway Estates 3Rd Addn Satellite Beach in 15 seconds.

Best forBuyers who want elbow room in Satellite Beach and have either renovation skills or a healthy contingency budget.
Biggest advantageMedian square footage north of 2,300 and a balanced market that rewards patience and thorough due diligence.
Biggest riskAge of housing stock means hidden systems costs - what you save on purchase price may evaporate in the first year of ownership.
Sweet spotA recently updated ranch where someone else has already replaced the roof, HVAC, and panel, priced for the work already done.
Avoid ifYou need turnkey and have no appetite for contractor quotes, permit pulls, or the discovery process that comes with homes pushing sixty.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Waterway Estates 3Rd Addn Satellite Beach sales matched to your home.

What is your Waterway Estates 3Rd Addn Satellite Beach home worth?

Get a no-obligation home value based on real comparable sales in Waterway Estates 3Rd Addn Satellite Beach, 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 Waterway Estates 3Rd Addn Satellite Beach on the map →

Real comps, not an automated estimate.

Waterway Estates Market Scorecard

Seller's Market

Waterway Estates is currently a seller's market. About 4.0 months of supply, a median asking price of $721,000.

4.0
Months supply
$721,000
Median list
$687,500
Median sold
$406
Per sqft
n/a
Days on mkt
5/4/15
Active/Pend/Sold

Typical home value in the 32937 ZIP is $501,368, right around 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 Waterway Estates 3Rd Addn Satellite Beach a buyer's or seller's market right now?
As of July 15, 2026, Waterway Estates 3Rd Addn Satellite Beach is roughly balanced: 4.0 months of supply at the current sales pace (Space Coast MLS live counts).
How many homes are in Waterway Estates 3Rd Addn Satellite Beach?
The Florida DOR 2025 assessment roll shows 350 homes in Waterway Estates 3Rd Addn Satellite Beach (public records).
What share of Waterway Estates 3Rd Addn Satellite Beach is owner-occupied?
75% of Waterway Estates 3Rd Addn Satellite Beach parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Waterway Estates 3Rd Addn Satellite Beach built?
Homes in Waterway Estates 3Rd Addn Satellite Beach were built between 1961 and 2024, with a median year built of 1965 (FL DOR 2025 roll).
Who is the best real estate agent for Waterway Estates 3Rd Addn Satellite Beach?
The best agent for Waterway Estates 3Rd Addn Satellite Beach is one who actively works Satellite Beach 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 Waterway Estates 3Rd Addn Satellite Beach.
How do I find a top Satellite Beach real estate agent who knows Waterway Estates 3Rd Addn Satellite Beach?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Waterway Estates 3Rd Addn Satellite Beach and the wider Satellite Beach area.
Can Momentum Realty connect me with an agent for Waterway Estates 3Rd Addn Satellite Beach?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Waterway Estates 3Rd Addn Satellite Beach purchase or sale - no call center and no pressure.
Buyers hunting larger single-family homes in Satellite Beach who can evaluate deferred maintenance and budget accordingly.Excellent fit
Renovation-ready buyers with cash reserves who see value in acquiring square footage at a discount and controlling the update process.Excellent fit
Established owners looking to trade up within Brevard's coastal corridor without paying new-construction premiums.Excellent fit
First-time buyers stretching to meet the purchase price with no contingency fund for systems replacement or permitting surprises.Probably not
Investors counting on quick cosmetic flips in a neighborhood where the next buyer will hire a thorough inspector.Probably not
Anyone who needs a warranty, modern systems, and the certainty that nothing will break in the first twelve months.Probably not

Nearby Communities

Explore more neighborhoods near Waterway Estates 3Rd Addn Satellite Beach with Momentum Realty’s local guides.

SPSouth Patrick Park 1St Add Satellite BeachSatellite Beach, FL · 0.5 miSPSea Park Homes Satellite BeachSatellite Beach, FL · 0.5 miCSCoral Sea Villas Satellite BeachSatellite Beach, FL · 0.7 miLLLighthouse Landing Satellite BeachSatellite Beach, FL · 0.8 miVue At Satellite Beach Satellite BeachSatellite Beach, FL · 0.8 miMBMar Brisas Villas Satellite BeachSatellite Beach, FL · 0.9 miCCChevy Chase Gardens Satellite BeachSatellite Beach, FL · 1.0 miSPS Patrick Shores 2Nd Sec Satellite BeachSatellite Beach, FL · 1.1 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: July 14, 2026)
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesSpace Coast MLS records, as of 2026-07-12

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 your area 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 →
Talk to a Local Waterway Estates 3Rd Addn Satellite Beach Expert
Call Get Listings