142 Lanternback Island Dr Satellite Beach, FL 32937
Estimated payment $7,707/month
Highlights
- Community Boat Dock
- Home fronts navigable water
- Fitness Center
- Satellite Senior High School Rated A-
- River Access
- Screened Pool
About This Home
Secure your spot on the coveted Grand Canal of Tortoise Island, the premier deep-water sanctuary for serious boaters. This is not just a renovation project; it is a rare opportunity to acquire a prime waterfront footprint with a massive 4-car garage in Satellite Beach's most exclusive gated community. Situated on the widest and deepest canal in the community, this property offers unmatched dockage potential. Whether you captain a sport fisher, sailboat, or a luxury cruiser, the Grand Canal provides the draft and maneuverability you need, with direct, bridge-free access to the Banana River and the Intracoastal Waterway. Bring your General Contractor and your vision. This estate is stripped to a clean slate, offering a true ''blank canvas'' for your design. The kitchen and flooring have been removed, saving you the cost and hassle of demolition. Digital renovation photos have been added to give you inspiration. Roof is 2020 so use your funds for the fun stuff. This is your chance to install the chef's kitchen, wide-plank flooring, and spa-inspired baths you've always wanted, without paying a premium for someone else's dated taste. Beyond the water, the structure boasts a highly desirable 4-car garage , a rarity in the community and perfect for the collector, the workshop enthusiast, or the golf cart fleet. The layout features unmatched potential for open-concept living with sweeping water views. Tortoise Island is known for active, luxury living. Enjoy 24-hour staffed gated security, a clubhouse, boat ramp, large community pool, playground, and courts for tennis and pickleball. You are minutes from top-rated schools , i-95 and the beaches. Don't settle for a move-in ready home that doesn't fit your style. Build equity and design your legacy on the Grand Canal. Construction loan available.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,262
Year Built
- Built in 1989
Lot Details
- 0.46 Acre Lot
- Home fronts navigable water
- Home fronts a canal
- Property fronts a private road
- West Facing Home
- Front and Back Yard Sprinklers
HOA Fees
- $355 Monthly HOA Fees
Parking
- 4 Car Attached Garage
Property Views
- Canal
- Pool
Home Design
- Traditional Architecture
- Fixer Upper
- Tile Roof
- Metal Roof
- Concrete Siding
- Asphalt
- Stucco
Interior Spaces
- 3,202 Sq Ft Home
- 1-Story Property
- Wet Bar
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- 1 Fireplace
- Tile Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Dual Closets
- Walk-In Closet
- Separate Shower in Primary Bathroom
Laundry
- Laundry in unit
- Dryer
- Washer
Pool
- Screened Pool
- In Ground Pool
- Outdoor Shower
- Screen Enclosure
- In Ground Spa
Outdoor Features
- River Access
- Docks
Schools
- Sea Park Elementary School
- Delaura Middle School
- Satellite High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 26-37-22-80-00007.0-0051.00
Community Details
Overview
- Association fees include security
- Tortoise Island Homeowners Association, Phone Number (321) 773-7573
- Tortoise Island Ph 4 Pud Subdivision
- On-Site Maintenance
- Maintained Community
Amenities
- Clubhouse
Recreation
- Community Boat Dock
- Community Boat Launch
- Tennis Courts
- Pickleball Courts
- Community Playground
- Fitness Center
- Community Pool
Security
- 24-Hour Security
- 24 Hour Access
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 | $6,822 | $567,470 | -- | -- |
| 2024 | $6,758 | $551,480 | -- | -- |
| 2023 | $6,758 | $535,420 | -- | -- |
| 2022 | $6,366 | $519,830 | $0 | $0 |
| 2021 | $6,695 | $504,690 | $0 | $0 |
| 2020 | $6,658 | $497,730 | $0 | $0 |
| 2019 | $6,644 | $486,540 | $0 | $0 |
| 2018 | $6,684 | $477,470 | $0 | $0 |
| 2017 | $6,795 | $467,650 | $0 | $0 |
| 2016 | $6,950 | $458,040 | $240,000 | $218,040 |
| 2015 | $7,201 | $454,860 | $240,000 | $214,860 |
| 2014 | $7,267 | $451,250 | $240,000 | $211,250 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/04/2025 12/04/25 | For Sale | $1,350,000 | -- | $422 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1063063
APN: 26-37-22-80-00007.0-0051.00
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Ask me questions while you tour the home.