$425,000
Satellite Beach, FL 32937
MLS# 844833
Status: Closed
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Property Description
Extremely rare opportunity to build your waterfront dream home on the Banana River in Satellite Beach! This .39 acre lot is located in the newest phase of Tortoise Island and features 103 ft of water frontage. Large allowable building footprint can accommodate a sizable 1 or 2-story home, pool and dock! Owner has already conducted the survey and soil boring test. Amenities in Tortoise Island include 24 hour guarded gate, large community pool, tennis courts, clubhouse, gym, boat ramp, playground, game room and more! Community fees are just $235/month! Fantastic location just a short bike ride to the beach. Quick access to the Pineda Causeway, US-1, I-95, Melbourne, Viera, and all that the Space Coast has to offer.
Details
Maps
Location, Tax, and Legal
Tax Account: 2606869
Parcel Number: 26-37-22-80-00007.0-0010.00
General County Location: South
Elementary School: Sea Park
Middle School: DeLaura
High School: Satellite
Tax Annual Amount: 4534.23
Tax Year: 2018
Tax Legal Description: TORTOISE ISLAND PH 4 P.U.D. LOT 10 BLK 7
Directions: From South Patrick Dr., West on Tortoise Dr. to main entrance of Tortoise Island, go over bridge, Right on Hawksbill Island Dr., Left on Lanternback Island Dr. Make right after going over the bridge.
General Property Information
Road Frontage Feet: 103
Number Of Lots: 1
Lot Size Acres: 0.39
Lot Size Dimensions: 178 x 103
Lot Dimensions Source: Public Records
Lot Size Square Feet: 16988
Association YN: Yes
Association Fee: 235
Association Fee Frequency: Monthly
Water Body Access YN: No
Waterfront YN: Yes
Water Body Name: Banana River
Water Frontage Feet: 103
Senior Community YN: No
List Price/Acre: 1230512.82
Sold Price/Acre: 1089743.59
Currently Not Used
Pool Private YN: No
Remarks and Miscellaneous
Public Remarks: Extremely rare opportunity to build your waterfront dream home on the Banana River in Satellite Beach! This .39 acre lot is located in the newest phase of Tortoise Island and features 103 ft of water frontage. Large allowable building footprint can accommodate a sizable 1 or 2-story home, pool and dock! Owner has already conducted the survey and soil boring test. Amenities in Tortoise Island include 24 hour guarded gate, large community pool, tennis courts, clubhouse, gym, boat ramp, playground, game room and more! Community fees are just $235/month! Fantastic location just a short bike ride to the beach. Quick access to the Pineda Causeway, US-1, I-95, Melbourne, Viera, and all that the Space Coast has to offer.
Association Amenities
Community Pool: 1
Association Fee Includes
Security: 1
Closing Company Details
Closing Company Name: Supreme Title - Laurie Druckenmiller - Laurie@supremetitlellc.com (321) 725-0115
Closing Company Address: 2415 S Babcock St, Melbourne, FL 32901
Current Use
Residential: 1
Single Family: 1
Listing Terms
Cash: 1
Conventional: 1
VA Loan: 1
Lot Features
Cleared: 1
Possession
Close Of Escrow: 1
Road Surface Type
Paved: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Sewer Connected: 1
Water Source
Public: 1
Waterfront Features
River Front: 1
Showing Requirements
Call Listing Agent: 1
Gated: Community
No Sign: 1
Historical Information
Public Historical Remarks 3: Frontage Description: Private Road, Number of Lots: 1.00
Contract Information
Current Price: $425,000
OriginalListPrice: 519000
Sold Price: $425,000
Status: Closed
Listing Contract Date: 2019-05-11
Property Sub Type: Unimproved Land
Location Tax and Legal
Street Number: 388
Street Name: Lanternback Island
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32937
MLS Area Major: 381 - N Satellite Beach
Subdivision Name: Tortoise Island Ph 4 PUD
Status Change Information
Major Change Timestamp: 2023-11-11T04:29:10Z
Major Change Type: Price Reduced
Price Change Timestamp: 2019-09-04T14:31:59Z
StatusChangeDate: 2019-10-18
Purchase Contract Date: 2019-09-18
Close Date: 2019-10-18
Close Price: 425000
Property Features
Association Fee Includes: Security
Current Use: Residential; Single Family
Listing Terms: Cash; Conventional; VA Loan
Lot Features: Cleared
Possession: Close Of Escrow
Road Surface Type: Paved
Showing Requirements: Call Listing Agent; No Sign
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Connected; Sewer Connected
Water Source: Public
Waterfront Features: River Front
Listing Office: Florida Elite Real Estate
Last Updated: August - 20 - 2026
Information is deemed to be reliable, but is not guaranteed.