Waterway Estates
Homes for Sale in Satellite Beach, FL
All 137 homes for sale in Satellite Beach, FL · median $549,500 · 142 homes for sale in 32937 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of October 2026, Waterway Estates 5Th Addn in Satellite Beach, FL has 2 homes for sale. As of October 2026, the MLS records 31 closed sales in Waterway Estates 5Th Addn in Satellite Beach, FL since 2004, the most recent in July 2024. Recorded prices across those 31 sales ran from $248,500 to $852,000 (median $481,150), on homes of 1,376 to 2,779 sq ft. Across Satellite Beach as a whole, 116 homes closed in the last 12 months at a median of $575,000, 43 median days on market, with 39 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $7,510 ($6,890 with the full homestead exemption).
| Location | Satellite Beach, Brevard County, FL · ZIP 32937 |
|---|---|
| Homes in the community | 90 (FL DOR 2025 assessment roll) |
| Years built | 1965–1974 (median 1972.0) |
| Typical living area | 2,342 sq ft (median) |
| For sale right now | 2 active, 0 pending · median asking $624,500 |
| Owner-occupied (homestead) share | 83% |
Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2004 through 2024; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Waterway Estates 5Th Addn key facts,” movewithmomentum.com/neighborhoods/waterway-estates-5th-addn, data as of September 20, 2026.
Waterway Estates 5Th Addn is a small pocket in Satellite Beach, and as of mid-July 2026 there are no recent closings on record here. That means the usual anchors — a median price, a days-on-market read, a sense of how buyers and sellers are meeting — aren't available from current data. When a subdivision this size goes quiet, price is set less by comparable sales inside the community and more by condition, lot, and what's trading in the surrounding Satellite Beach market.
For a buyer, the practical takeaway is that any listing here has to be underwritten on its own merits and against nearby streets, not on a tidy internal comp set. For a seller, the absence of recent activity cuts both ways: less pricing precedent to lean on, but also less competition on the block. Either side should expect to do real appraisal-and-inspection homework rather than trusting a community average that doesn't currently exist.
The 60-Second Overview
This is a small Satellite Beach enclave in Brevard County with no community amenities identified from current MLS listings, so value comes from the individual home and its coastal location rather than shared facilities.
Space Coast MLS sales records identify 295 homes in Waterway Estates that have changed hands since 2004, built between 1961 and 2016 (median 1965), with a median living area of about 1,654 sq ft and a typical 3-bedroom, 2-bath layout; 99% are single-family homes. 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.
County records show 3 qualified sales in Waterway Estates across 2024–2024, median $844,900 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
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.
Who Waterway Estates is best for.
Best for
- Buyers seeking a small, low-turnover coastal Satellite Beach location
- Buyers prepared to lean on inspection and appraisal instead of a community average
- Buyers who value the individual home and lot over shared amenities
Probably not for
- Buyers who need a deep set of recent comparable sales to justify an offer
- Buyers looking for community amenities such as pools or gated access
- Buyers wanting a fast, high-turnover market with frequent inventory
The market around Waterway Estates
Waterway Estates 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 Waterway Estates specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Waterway Estates 5Th Addn, Satellite Beach
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on information from the Space Coast MLS for the period September 2026 through September 2026. Deemed reliable but not guaranteed.
Homes For Sale Right Now in Waterway Estates
Live MLS inventory for Waterway Estates. 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 listings as of 2026-10-01, priced high to low. Based on information from the Space Coast MLS for the period 2004 through 2024. Tap any home to ask about it.
Every Home for Sale in Waterway Estates 5Th Addn Right Now (2)
All 2 active and pending Waterway Estates 5Th Addn listings with a detail page, newest first, refreshed twice a day from the MLS.
- 432 Finch Drive · $620,000 · 4 bd / 2 ba · listed Jul 5, 2026 · listed by RE/MAX Elite
- 409 Finch Drive · $599,000 · 3 bd / 2 ba · listed Jul 5, 2026 · listed by RE/MAX Aerospace Realty
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 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 address.
Shop the zone: Homes zoned for Satellite High School
The Waterway Estates buying strategy.
If we were buying in Waterway Estates 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.
A thin-data pocket near the coast
The defining fact about Waterway Estates 5Th Addn right now is what isn't showing: no closings in the current window and no amenities flagged in the MLS. That's common in very small additions where turnover is infrequent. It doesn't signal anything negative — it simply means the market here is quiet and pricing will be driven by the specific property.
Because there's no internal sales history to cite, valuation leans heavily on the wider Satellite Beach picture and on condition. A well-kept home and a good lot will carry the argument; a dated one will need to justify itself against nearby alternatives. Buyers should treat the appraisal and inspection as the real price discovery, not a community benchmark.
The location and the amenities are priced into every listing in Waterway Estates. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a subdivision with no recent closings, the value we add is legwork: pulling comps from the surrounding Satellite Beach market, reading condition against price, and pressure-testing an offer or a list number when the community itself gives you nothing to lean on. We'll tell you plainly when a listing here is priced on hope rather than evidence.
Waterway Estates in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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 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 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, 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 home worth?
Get a no-obligation home value based on real comparable sales in Waterway Estates, 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 Satellite Beach →
24% of homes for sale in ZIP 32937 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 (2026-10-04).
Frequently Asked Questions
How many homes are in Waterway Estates?
What share of Waterway Estates is owner-occupied?
When were the homes in Waterway Estates built?
Who is the best real estate agent for Waterway Estates?
How do I find a top Satellite Beach real estate agent who knows Waterway Estates?
Can Momentum Realty connect me with an agent for Waterway Estates?
Where is Waterway Estates, and what county is it in?
Should you buy in Waterway Estates?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: October 1, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (3 streets, ZIP 32937)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2004 (31 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.
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See how Waterway Estates 5Th Addn fits the bigger picture — live prices, inventory, and Momentum Scores:
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