Waterway Estates 3Rd Addn Satellite Beach
Homes for Sale in Satellite Beach, FL
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS

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 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
The setting & the homes.
Aerial and on-site photos of Waterway Estates 3Rd Addn Satellite Beach. Swipe to explore the community.
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Photos from Space Coast MLS listings in Waterway Estates 3Rd Addn Satellite Beach; content deemed reliable but not guaranteed.
Who Waterway Estates 3Rd Addn Satellite Beach is best for.
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.
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PendingActive 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.
Waterway Estates 3Rd Addn Satellite Beach 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.
Schools
- 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.
The Waterway Estates 3Rd Addn Satellite Beach buying strategy.
If we were buying in Waterway Estates 3Rd Addn Satellite Beach 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.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
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 Waterway Estates 3Rd Addn Satellite Beach.
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.
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.
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 Waterway Estates 3Rd Addn Satellite Beach 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 Waterway Estates 3Rd Addn Satellite Beach sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Waterway Estates 3Rd Addn Satellite Beach, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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.
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Waterway Estates Market Scorecard
Waterway Estates is currently a seller's market. About 4.0 months of supply, a median asking price of $721,000.
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?
How many homes are in Waterway Estates 3Rd Addn Satellite Beach?
What share of Waterway Estates 3Rd Addn Satellite Beach is owner-occupied?
When were the homes in Waterway Estates 3Rd Addn Satellite Beach built?
Who is the best real estate agent 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?
Can Momentum Realty connect me with an agent for Waterway Estates 3Rd Addn Satellite Beach?
Should you buy in Waterway Estates 3Rd Addn Satellite Beach?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Waterway Estates 3Rd Addn Satellite Beach with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: July 14, 2026) |
| Housing stock & ownership | Florida DOR 2025 assessment roll (community parcel extract) |
| Under-contract shares | Space 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.
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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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