Waterway Townhouse
Condos for Sale in Satellite Beach, FL

Waterway Townhouse Condo 2 (Buildings 14 and 15) is a tightly scoped condo/townhouse community in Satellite Beach, on Brevard County's barrier island stretch near the Banana River and Atlantic beaches. Its small footprint makes it a low-volume market where availability, not selection, drives the timing of a purchase.

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.

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.

Two buildings is a narrow market. That has real consequences: turnover is infrequent, so units don't come up often, and when one does, it tends to define the pricing conversation for the next several months. Buyers who want this specific product should be prepared to move when a unit lists rather than expecting a steady flow of options.

No community amenities are identified from current listings, so budget on the assumption that the value here is the location and the unit itself rather than shared facilities. Any monthly association dues, coverage, and building rules should be confirmed in writing before you go under contract — in a condo/townhouse structure this small, the governing documents and reserve picture matter as much as the unit's finishes.

A two-building community rarely gives you clean comps, so we do the hyperlocal work — pulling the most recent nearby closings, reading the association documents, and pricing off condition rather than a borrowed neighborhood average. Whether you're waiting for the right unit or trying to price the one you own, we'll tell you plainly what the thin data does and doesn't support.

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