Waterway Townhouse Condo
Homes for Sale in Satellite Beach, FL

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.

Space Coast MLS sales records identify 120 homes in Waterway Townhouse Condo that have changed hands since 2004, built between 1975 and 1980 (median 1978), with a median living area of about 1,425 sq ft and a typical 2-bedroom, 2.5-bath layout. 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 9 qualified sales in Waterway Townhouse Condo across 2024–2025 (4 in 2024, 5 in 2025), median $270,000 — 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.

Waterway Townhouse 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 Waterway Townhouse Condo specifically. Momentum Research analysis of MLS records.

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

Zoned schools reflect the assignments reported on recent Waterway Townhouse Condo 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 Townhouse Condo address.

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.

Listings in this community report association dues of about $642 per month ($7,704 a year) — the median AssociationFee across 9 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.