Waterway Townhouse
Waterway Townhouse — intercoastal / waterway condo on the Space Coast, $344K median sale, ~$635/mo HOA.
Live the MaxLife.
$345K
Median Price
$345K – $345K
0
Homes
$635–$635
Monthly HOA
1979
Established
Brevard Public Schools (verify zoning by address)
School Zone
Stellar MLS · 2026-04-26 · 1 closed sale
Recent market data
Median sold
$344,900
$345K – $345K
$/sqft
$207
Median DOM
65
days on market
HOA
$635/mo
Background
A brief history
Waterway Townhouse sits on the intercoastal / lagoon waterway in Satellite Beach. Built 1979. Direct waterway frontage with the amenity package below, which is the structural reason an intercoastal condo carries the HOA fee it does — the building is paying for shared dock / seawall / pool / fitness infrastructure that a single-family river-front lot would have to underwrite individually.
The feel
What it's like to live here
Waterway-front condo lifestyle in Satellite Beach — direct sunset views over the Indian River Lagoon / waterway, beach / pool amenity, and the natural quiet that distinguishes the lagoon side from the noisier oceanfront.
The details
What to expect
Association amenities
9 listed amenities per MLS: Barbecue, Basketball Court, Boat Dock, Boat Slip, Clubhouse, Maintenance Grounds, Management - Off Site, Pickleball, Pool.
What the HOA fee covers
Per recent MLS: Maintenance Grounds. Intercoastal condos typically bundle exterior maintenance, master insurance, and dock/seawall maintenance — verify reserve study before closing.
Views
Listings report views of: Canal, Water.
Waterfront features
Per MLS: Canal Front, Navigable Water, No Fixed Bridges, River Access, Seawall.
Why intercoastal vs oceanfront
Intercoastal-side condos in this segment trade at a meaningful discount to direct-oceanfront product — typically 30–50% lower per square foot for similar age/sqft. The trade-off is no immediate beach access (a 5–15 minute walk or short drive to the closest crossing). What you get in exchange: dramatic sunset exposure, boat-water access if the building has dockage, a more sheltered insurance posture, and substantially lower HOA assessments because the building isn't underwriting full direct-Atlantic exposure.
Schools
Brevard Public Schools — feeder pattern depends on the specific address. Satellite Beach families typically zone to mainland or beachside cluster schools. Verify with BPS School Locator. Intercoastal condo demographics skew seasonal / 55+ / second-home, so school zoning is informational for most buyers.
Insurance posture
Lagoon-side condos carry materially lower wind+flood exposure than direct-oceanfront. Master HOA policy typically covers building exterior; unit owner needs HO-6 (interior + contents). Verify the master policy details, deductibles, recent special assessments, and reserve study — these three numbers separate a healthy intercoastal association from a problem one.
Community
Amenities
- Barbecue
- Basketball Court
- Boat Dock
- Boat Slip
- Clubhouse
- Maintenance Grounds
- Management - Off Site
- Pickleball
- Pool
Know Before You Buy
HOA rules worth knowing
- HOA ~$635/month
- Master insurance covers building exterior; unit owner needs HO-6 for interior + contents
- Verify reserve study + recent special assessments before closing
- Most Brevard intercoastal condos prohibit short-term (<30 day) rentals; some allow 7/14 day minimums — confirm with each association
- Pet policies vary widely between buildings — verify weight/breed limits per association
Education
School assignments
- Brevard Public Schools (verify zoning by address)
School zone assignments change. Verify with Orange County Public Schools before purchase.
Market Commentary
What the market is doing
Recent close: $344,900 (1 sale in last 60 days). Median $344,900 at $207/sqft. HOA ~$635/month. Intercoastal-side pricing in this segment runs roughly 30–50% under comparable direct-oceanfront product — the trade is no immediate beach access in exchange for boat-water, sunset exposure, and a meaningfully lower insurance + HOA carrying cost.
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Information on this page is compiled from public records, MLS data, community associations, and broker observation. Price ranges, HOA fees, school assignments, and community amenities change — verify all details with MaxLife Realty and the relevant community association before making a purchase decision. Ryan Solberg, Broker, License #BK3354351. MaxLife Realty, 321.373.3536.