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For SaleSingle Family Home
$1.2M
416 S Waterway Drive, Satellite Beach, FL 32937
Satellite Beach neighborhood
Subdivision: Waterway Estates Replat
4
Bedrooms
3
Bathrooms
3,118
Sq Ft
1962
Year Built
$385 /sqft

About This Property

Description from listing agent

MULTIPLE OFFERS IN - Glassy mornings on Lake Shepard & 80 feet of direct water frontage set the tone for a lifestyle built around boating, sunset cruises & effortless days on the water, with a deep-water approach from 6-8 ft at the shoreline to approximately 20 ft at the center enhancing both accessibility & long-term potential for a sailboat or deep-sea fishing boat. This custom-built waterfront retreat pairs that setting with meaningful upgrades throughout, including updated plumbing & electrical, a new Standing Seam Aluminum roof, Hardie board exterior & impact-rated windows & doors extending to the garage. Inside, cedar beam accents bring warmth & character, complemented by luxury vinyl plank flooring throughout. The kitchen anchors the space with a large custom island, gas range, custom shiplap range hood, fully integrated refrigerator & dishwasher, and quartzite countertops, while custom built-in shelving adds thoughtful detail throughout.

Space Coast Context

🚀 Launch Viewing — Good Views

25.7 mi from SLC-40

25.7 miles from SLC-40 — visible on clear days, especially at night.

Aerospace Commute Guide
Northrop4.5 mi~10 min
L3Harris6.6 mi~15 min
Blue Origin19.8 mi~44 min
SpaceX20.9 mi~47 min
Lockheed20.9 mi~47 min
Boeing/KSC22.8 mi~51 min
KSC23.5 mi~52 min

Estimates only — verify with Google Maps.

Flood Risk

Flood zone data not yet available for this listing. Check FEMA Flood Map

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 4/28/26
    Listed
    $1.2M
    $385/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.22 acres (9,583 sqft)
Full Baths
3
Garage
2 car (attached)
Waterfront
Canal Navigational to Indian River
Days on Market
51
MLS Area
381 - N Satellite Beach

Schools

Elementary

Holland

Middle School

DeLaura

High School

Satellite

Financial & Listing Details

Listed
May 1, 2026
Parcel #
26-37-27-76-00000.0-0047.00
$1.2M

Listing Agent (for property info)

M
Michelle F Mariacher
Compass Florida, LLC
407-669-3386
Call Listing Agent

Estimated Monthly Payment

$7,673/mo
Principal & interest
$6,323
Property taxes
$1,200
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $1.2M price — down payment shown: $240,000.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1075828

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Equal Housing Opportunity

MLS# 1075828 · Listing Broker: Compass Florida, LLC · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.