$1,350,000

142 Lanternback Island Dr Satellite Beach, FL 32937

Estimated payment $7,707/month

Total Views 20,397
4 Beds
3.5 Baths
3,202 Sq Ft
$422 Price per Sq Ft

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.

Listing Agent

Lourdes Sliwa

Avanti Way Realty LLC License #3210321 Listed on: 12/04/2025

Avanti Way Realty LLC

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,262

Year Built

Built in 1989

Lot Details

0.46 Acres

HOA Fees

$355 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, In Unit, Washer Hookup
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Reso View: Canal, Pool, Water
  • Water Body Name: Grand Canal
  • ResoSecurityFeatures: 24 Hour Security, Gated with Guard
  • Reso Association Amenities: Boat Dock, Boat Launch, Clubhouse, Fitness Center, Gated, Maintenance Grounds, Pickleball, Playground, Pool, Security, Tennis Court(s), Management - On Site
  • Reso Association Fee Includes: Security
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Tortoise Island Ph 4 PUD
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Property Condition: Fixer
  • ResoWindowFeatures: Skylight(s)
  • Location Tax and Legal Parcel Number2: 26-37-22-80-00007.0-0051.00
  • Location Tax and Legal Elementary School: Sea Park
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Satellite
  • Location Tax and Legal Tax Annual Amount: 7261.96
  • Location Tax and Legal Tax Year2: 2025
  • General Property Information Living Area2: 3202.0
  • General Property Information Lot Size Acres: 0.46
  • General Property Information Lot Size Square Feet2: 20038.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Roof:Tile2: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Pool Features Screen Enclosure: Yes
  • General Property Information Association Phone: 321.773.7573
  • Security Features Gated with Guard: Yes
  • ViewCanal: Yes
  • Property Condition Fixer: Yes
  • Utilities Sewer Connected: Yes
  • General Property Information CDD Fee YN: No
  • Architectural Style Traditional: Yes
  • Association Amenities Security2: Yes
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 1
  • Road Frontage Type Private Road: Yes
  • Marketing Remarks:Marketing Remarks: The ultimate yachtsman's canvas awaits at 142 Lanternback Island Dr. Situated on the prestigious Grand Canal of Tortoise Island, this estate offers rare deep-water dockage for large vessels with direct river access. Featuring a massive, hard-to-find 4-car garage, this home is a clean slate ready for your vision. Stripped to the studs (kitchen/flooring removed) and roof replaced in 2020 the hard work is done. Why pay for someone else's taste? Design your chef's kitchen and dream interiors from the ground up. Enjoy exclusive resort-style living with 24/7 staffed security, clubhouse, tennis/pickleball, gym, and community pool. This is your chance to build immediate equity in Satellite Beach's most desirable gated enclave. Don't miss the boat on this one.
  • Security Features 24 Hour Security: Yes
  • General Property Information:Pool Private YN: Yes
  • Community Features Gated4: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), His and Hers Closets, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Flooring: Tile
  • Spa Features: In Ground
  • Appliances: Dryer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Stories: 1
  • General Property Information Bathrooms Half: 1
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Skylight(s): Yes
  • Fireplace Features:Fireplaces Total: 1
  • Laundry Features:In Unit: Yes

Exterior Features

  • Exterior Features: Dock, Outdoor Shower
  • Pool Features: In Ground, Screen Enclosure
  • Roof: Metal, Tile
  • Acres: 0.46
  • Pool Private: Yes
  • Waterfront Features: Canal Front, Navigable Water, River Access
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Direction Faces: West
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Outdoor Shower: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Waterfront Features:Canal Front: Yes
  • Exterior Features:Dock: Yes
  • Waterfront Features:River Access: Yes
  • Waterfront Features:Navigable Water: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 4.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 355.0
  • Association Fee Frequency: Monthly
  • Association Name: Tortoise Island Homeowners Association
  • Phone: 321-773-7573
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Tortoise Island Homeowners Association
  • General Property Information:Association Fee: 355.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Security: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Playground: Yes
  • Association Amenities:Boat Launch: Yes
  • Association Amenities:Gated2: Yes
  • Association Amenities:Pickleball: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 20038.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-37-22-80-00007.0-0051.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7261.96

MLS Schools

  • Elementary School: Sea Park
  • High School: Satellite

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1063063

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-22-80-00007.0-0051.00

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