1341 S Patrick Dr Satellite Beach, FL 32937
Estimated payment $3,681/month
Highlights
- No HOA
- Terrazzo Flooring
- 1 Car Garage
- Satellite Senior High School Rated A-
- Central Air
- South Facing Home
About This Home
Investor Alert! Prime opportunity in highly sought-after South Satellite Beach—just one mile from the shoreline and minutes to Patrick Space Force Base. This entire triplex is available and offers strong income potential plus future flexibility. Each unit features its own private driveway, with Units 1341 and 1345 including 1-car garages. Unit 1343 has a converted garage currently used as storage. Current occupancy includes:
Unit 1341: Month-to-month tenant
Unit 1343: Vacant
Unit 1345: Month-to-month tenant
The roof was replaced in August 2022, providing peace of mind for years ahead. This property is ideal for investors looking to expand their portfolio or for an owner-occupant interested in living in one unit while renting the other two. Don't miss this excellent income-producing opportunity in a fantastic beachside location. Owner is a licensed Real Estate Agent.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,739
Year Built
- Built in 1964
Lot Details
- 9,583 Sq Ft Lot
- South Facing Home
Parking
- 1 Car Garage
- Additional Parking
Home Design
- Triplex
- Concrete Siding
- Stucco
Interior Spaces
- 2,373 Sq Ft Home
- 1-Story Property
- Electric Range
Flooring
- Laminate
- Terrazzo
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry in unit
- Washer and Electric Dryer Hookup
Schools
- Surfside Elementary School
- Delaura Middle School
- Satellite High School
Utilities
- Central Air
- Heating Available
- Electric Water Heater
Community Details
- No Home Owners Association
- 3 Units
- Michigan Beach 8Th Addn Subdivision
Listing and Financial Details
- The owner pays for exterior maintenance, insurance, management, pest control, taxes
- Assessor Parcel Number 26-37-35-56-0000y.0-0002.01
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,311 | $518,400 | -- | -- |
| 2024 | $7,993 | $518,400 | -- | -- |
| 2023 | $7,993 | $511,200 | -- | -- |
| 2022 | $6,543 | $377,780 | $0 | $0 |
| 2021 | $6,062 | $286,460 | $100,000 | $186,460 |
| 2020 | $5,874 | $272,830 | $100,000 | $172,830 |
| 2019 | $5,932 | $269,710 | $100,000 | $169,710 |
| 2018 | $5,745 | $254,000 | $0 | $254,000 |
| 2015 | $4,721 | $200,000 | $70,000 | $130,000 |
| 2014 | $4,553 | $190,000 | $49,000 | $141,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/21/2025 11/21/25 | For Sale | $574,900 | -- | $242 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $228,800 | Fidelity Natl Title Ins Co | |
| Warranty Deed | $225,000 | Fidelity Natl Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $9,250 | Seller Take Back | |
| Previous Owner | $205,000 | Seller Take Back |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1062704
APN: 26-37-35-56-0000Y.0-0002.01
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