$590,000
$35K PRICE DROP

428 Penguin Dr Satellite Beach, FL 32937

Estimated payment $3,473/month

Total Views 7,807
3 Beds
2 Baths
1,735 Sq Ft
$340 Price per Sq Ft

Highlights

  • Screened Pool
  • Open Floorplan
  • No HOA
  • Satellite Senior High School Rated A-
  • Contemporary Architecture
  • Screened Porch

About This Home

SHORT SALE - 3 bed, 2 bath, pool home. This home needs work but has strong potential with terrazzo floors throughout, newer kitchen cabinets from a prior renovation, and a screened pool with spacious deck for entertaining. Just minutes from the beach, schools, and shopping, it's an ideal investment for a remodel or flip. With updates and vision, this property can shine and offer great opportunity.

Listing Agent

Mary Ellen Troilo

Triad Realty LLC License #624672 Listed on: 09/16/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,644

Year Built

  • Built in 1965

Lot Details

  • 8,712 Sq Ft Lot
  • North Facing Home
  • Vinyl Fence
  • Wood Fence
  • Few Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Fixer Upper
  • Shingle Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,735 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Screened Porch
  • Terrazzo Flooring
  • Laundry in Garage

Kitchen

  • Eat-In Kitchen
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • No Tub in Bathroom
  • Shower Only

Pool

  • Screened Pool
  • In Ground Pool
  • Screen Enclosure

Schools

  • Sea Park Elementary School
  • Delaura Middle School
  • Satellite High School

Additional Features

  • Courtyard
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Waterway Estates 3Rd Addn Subdivision

Listing and Financial Details

  • Short Sale
  • Court or third-party approval is required for the sale
  • Assessor Parcel Number 26-37-22-75-00000.0-0008.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,644

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Garage
  • ResoLotFeatures: Few Trees
  • ResoSpecialListingConditions: Third Party Approval, Short Sale
  • Subdivision Name: Waterway Estates 3rd Addn
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Fixer
  • Location Tax and Legal Parcel Number2: 26-37-22-75-00000.0-0008.00
  • 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: 4643.8
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Living Area2: 1735.0
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Lot Size Square Feet2: 8712.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Cooling Central Air: Yes
  • Fencing Wood2: Yes
  • General Property Information Community Fee(s) YN: No
  • Pool Features In Ground: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Terrazzo: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Pool Features Screen Enclosure: Yes
  • Fencing Vinyl2: Yes
  • Property Condition Fixer: Yes
  • Special Listing Conditions Third Party Approval: Yes
  • Special Listing Conditions Short Sale: Yes
  • General Property Information CDD Fee YN: No
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 1
  • Interior Features Primary Bathroom - Shower No Tub: Yes
  • Architectural Style Contemporary: Yes
  • Marketing Remarks:Marketing Remarks: SHORT SALE - 3 bed, 2 bath, pool home. This home needs work but has strong potential with terrazzo floors throughout, newer kitchen cabinets from a prior renovation, and a screened pool with spacious deck for entertaining. Just minutes from the beach, schools, and shopping, it's an ideal investment for a remodel or flip. With updates and vision, this property can shine and offer great opportunity.
  • General Property Information:Pool Private YN: Yes
  • General Property Information:Accessory Dwelling Unit YN: No
  • Special Features: 4108
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Primary Bathroom - Shower No Tub
  • Flooring: Terrazzo
  • Appliances: Gas Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances:Gas Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Exterior Features: Courtyard
  • Pool Features: In Ground, Screen Enclosure
  • Roof: Shingle
  • Fencing: Vinyl, Wood
  • Acres: 0.2
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Rear Porch, Screened
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Few Trees: Yes
  • Exterior Features:Courtyard: Yes
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Laundry Features:In Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Electricity Connected, Water Connected
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-37-22-75-00000.0-0008.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4643.8

MLS Schools

  • Elementary School: Sea Park
  • High School: Satellite

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $4,694 $422,740 -- --
2024 $4,644 $387,180 -- --
2023 $4,644 $375,910 -- --
2022 $4,332 $364,970 $0 $0
2021 $4,261 $288,830 $120,000 $168,830
2020 $1,654 $125,820 $0 $0
2019 $1,595 $123,000 $0 $0
2018 $1,590 $120,710 $0 $0
2017 $1,591 $118,230 $0 $0
2016 $1,606 $115,800 $70,000 $45,800
2015 $1,222 $115,000 $60,000 $55,000
2014 $1,229 $114,090 $60,000 $54,090
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2025 10/23/25 Price Changed $590,000 -5.6% $340 / Sq Ft
09/16/2025 09/16/25 For Sale $625,000 +81.7% $360 / Sq Ft
12/30/2020 12/30/20 Sold $344,000 -1.7% $198 / Sq Ft View Prior Sale
10/13/2020 10/13/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $350,000 0.0% $202 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/21/2020 09/21/20 Price Changed $350,000 -7.9% $202 / Sq Ft
08/06/2020 08/06/20 For Sale $379,900 -- $219 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $344,000 Foundation Ttl & Setmnt Svcs
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $344,000 VA
Source: Public Records

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

MLS Number: 1057310

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-22-75-00000.0-0008.00