416 S Waterway Drive, Satellite Beach, FL 32937

$1,326,000

Virtual Tour

https://www.zillow.com/view-imx/38e70049-df10-4f0b-bb0e-6f39840a541a?wl=true&setAttribution=mls&initialViewType=pano

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,118 Lot Size (sq. ft.): 9,583 Status: Closed

Current Price: $1,326,000 List Date: 5/01/2026 Last Modified: 5/19/2026

Overview

Description

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.

Supplements: The over 1,000-square-foot primary suite spans the entire second floor with a private balcony, while the spa-like bath features a freestanding soaking tub framed by glass windows & expansive water views. A wired home audio system with Klipsch speakers, whole-home water filtration system with reverse osmosis drinking water, 3-year-old HVAC, home gen ... (Read more)

Listing Details MLS# 1075828

General Property Information

Bedrooms Total: 4
Bathrooms Total: 3
Bathrooms Full: 3
Living Area: 3118
Living Area Source: Owner
Accessibility Features YN: No
New Construction YN: No
Year Built: 1962
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Lot Size Acres: 0.22
Lot Size Square Feet: 9583
Association YN: No
CDD Fee YN: No
Community Fee(s) YN: No
Waterfront YN: Yes
Water Body Name: Canal Navigational to Indian River
Furnished: Negotiable
Stories: 2
Direction Faces: South
Senior Community YN: No
Pool Private YN: No
List Price/SqFt: 384.86
Sold Price/SqFt: 425.27

Property Features

Appliances: Dishwasher; Dryer; Gas Range; Microwave; Refrigerator; Washer Construction Materials: Concrete Cooling: Central Air; Electric Current Use: Residential; Single Family Exterior Features: Balcony; Impact Windows Flooring: Vinyl; Wood Heating: Electric Interior Features: Breakfast Bar; Built-in Features; Ceiling Fan(s); Eat-in Kitchen; His and Hers Closets; Kitchen Island; Open Floorplan; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Lower Level; Sink; Washer Hookup Levels: Two Listing Terms: Cash; Conventional Lot Features: Dead End Street; Few Trees Parking Features: Attached; Garage; Garage Door Opener Patio And Porch Features: Patio Pets Allowed: Yes Possession: Close Of Escrow Sewer: Public Sewer Showing Requirements: Appointment Only; Lockbox Special Listing Conditions: Standard Utilities: Cable Available; Electricity Available; Sewer Available; Water Available View: Lake; Water Water Source: Public Waterfront Features: Canal Front; Intracoastal; Lake Front; Navigable Water; River Access Showing Considerations: Occupied

Contract Information

Original List Price: 1200000
Listing Contract Date: 2026-04-28
Start Showing Date: 2026-05-01
Property Sub Type: Single Family Residence

Location Tax and Legal

Street Number: 416
Street Direction Prefix: S
Street Name: Waterway
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32937
MLS Area Major: 381 - N Satellite Beach
Subdivision Name: Waterway Estates Replat

Remarks and Miscellaneous

Public Remarks: 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.

Status Change Information

Major Change Timestamp: 2026-05-19T21:06:22Z
Major Change Type: Status Change
Status Change Timestamp: 2026-05-19
Purchase Contract Date: 2026-05-04
Close Date: 2026-05-19
Close Price: 1326000

More Information

Closing Company Details

Closing Company Name: ALLIANCE TITLE
Closing Company Address: 10 S Harbor City Blvd Melbourne, FL 32901

DPR Eligible

DPR Eligible: No

Legal Details

Permission Granted to Advertise: No

Listing Office: Compass Florida, LLC

Last Updated: May - 19 - 2026

Information is deemed to be reliable, but is not guaranteed.