Waterway Townhouse Condo 1
Homes for Sale in Satellite Beach, FL

Waterway Townhouse Condo 1 market snapshot (as of July 15, 2026): the median sale price is about $358K ($215 per sq ft over the trailing 12 months of closed sales), and a median 67 days on market for closed sales. The trailing-12-month median is up 38% from the prior 12 months, computed from record-level Space Coast MLS closed sales (3 closings in the current window).

A small townhouse enclave in Satellite Beach with a median close at $358K and typical days-on-market in the mid-60s—steady rather than hot, with recent price movement that warrants close inspection of individual comparables.

Waterway Townhouse Condo 1 sits in Satellite Beach, a barrier-island city in Brevard County where location—distance to the beach, the Intracoastal, and A1A—drives most of the spread in attached-home pricing. The median of $358K and the per-foot figure of $215 position this product in the middle tier of Space Coast townhouse inventory, accessible to buyers who want coastal proximity without single-family price tags.

The 67-day median time-on-market is a useful calibration point: it says the market is functioning, that pricing discipline matters, and that neither buyers nor sellers hold overwhelming leverage. The three closings in the current window are too few to call this an active pipeline, so if you're selling, prepare for a patient marketing period and list with an agent who knows how to position attached homes against single-family competition nearby.

The 37.7 percent year-over-year price swing is the number that needs the most scrutiny. In a community this small, one or two distressed sales in the prior period—or one or two premium-condition closings in the current window—can produce double-digit swings that don't reflect the broader market. We flag it not as a guarantee of future movement but as a reminder that you must underwrite the specific unit, not the headline percentage. Roof age, HOA financials, water-intrusion history, and whether the unit backs to A1A or faces the Intracoastal will matter more than any aggregate stat.

No formal amenities are cataloged in the MLS, so assume this is a low-overhead ownership experience: no pool, no clubhouse, lower dues in exchange for fewer shared facilities. That appeals to a particular buyer—one who values the Satellite Beach location and wants to minimize monthly carry—but it also means resale appeal will hinge entirely on unit condition and location within the plat.

Momentum Realty knows the difference between a headline price swing and actual market depth. In a small-sample community like Waterway Townhouse Condo 1, we pull the comps that matter—condition-adjusted, location-adjusted, closed in the window that reflects current buyer behavior—and we'll tell you when a list price doesn't match the data. We also know which Satellite Beach submarkets hold their value through insurance and HOA volatility, and we'll walk you through reserves, special assessments, and the fiscal health of the association before you write an offer. If you're selling, we position attached product against the single-family inventory buyers are cross-shopping, and we don't waste your time with overpriced hope.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.