NOT LISTED FOR SALE

508 Lanternback Island Dr Satellite Beach, FL 32937

Estimated Value: $2,036,984 - $2,098,000

4 Beds
3.5 Baths
3,734 Sq Ft
$555/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $1,975,000 $529 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $11,106/month

87 Days on Market

Highlights

  • Boat Dock
  • Boat Ramp
  • Gated with Attendant
  • Satellite Senior High School Rated A-
  • Boat Lift
  • In Ground Pool

About This Home

As of December 2021

** We accept BTC, ETH, stable coins** Ready to live the Florida lifestyle of your dreams? Here's your chance. This home boasts the best of everything Florida has to offer with 3,734 square feet of riverfront living. This breathtakingly designed 4-bedroom 3.5-bathroom home sits on .35 acres of prime waterfront land, complete with its own private dock and two-car garage. Watch the incredible sunsets as you enjoy dining on your sprawling patio or wading in the sizable outdoor pool. This gorgeous property comes with a ton of upgrades: brand new metal roof, luxurious landscape, entire home power upgrade, new outdoor tiki bar and grill, brand new pool deck and dock, transferrable termite bond, and much more! $350k in upgrades! This marvelous estate could be yours!

Last Agent to Sell the Property

Alice Adkins

Token Realty LLC License #3415419 Listed on: 11/17/2021

Token Realty LLC

Last Buyer's Agent

Kristen Bear

EXP Realty LLC License #3335987

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,535

Year Built

  • Built in 1987

Lot Details

  • 0.35 Acre Lot
  • River Front
  • East Facing Home
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $267 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • On-Street Parking

Property Views

  • River
  • Pool

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Asphalt
  • Stucco

Interior Spaces

  • 3,734 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Skylights
  • Fireplace
  • Family Room
  • Dining Room
  • Home Office
  • Library
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Water-Smart Landscaping

Outdoor Features

  • In Ground Pool
  • Boat Lift
  • Boat Ramp
  • Balcony
  • Deck
  • Patio
  • Fire Pit
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Propane
  • Well
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26-37-27-Nf-00001.0-0022.00

Community Details

Overview

  • Association fees include insurance, security
  • Association Phone (321) 773-7573
  • Tortoise Island Ph 3 Unit 2 Pud Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Community Boat Slip
  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,535

Year Built

Built in 1987

Lot Details

0

HOA Fees

$267 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: Pool, River, Water
  • Water Body Name: Banana River
  • ResoSecurityFeatures: Gated with Guard
  • Reso Association Amenities: Boat Dock, Boat Slip, Clubhouse, Maintenance Grounds, Management - Full Time, Pool, Tennis Court(s), Other
  • Reso Association Fee Includes: Insurance, Security
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Tortoise Island Ph 3 Unit 2 PUD
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • ResoWindowFeatures: Skylight(s)
  • Location Tax and Legal Parcel Number2: 26-37-27-Nf-00001.0-0022.00
  • 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: 10534.64
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 3734.0
  • General Property Information Building Area Total3: 5678.0
  • General Property Information Lot Size Acres: 0.35
  • General Property Information Lot Size Square Feet2: 15246.0
  • 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: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Fencing Fenced2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: 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
  • Levels Two: Yes
  • Water Source Well: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Green Water Conservation Water-Smart Landscaping: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Office: Yes
  • General Property Information Association Phone: 321-773-7573
  • Utilities Natural Gas Connected: Yes
  • Fencing Wrought Iron: Yes
  • Utilities Propane3: Yes
  • Security Features Gated with Guard: Yes
  • Exterior Features Boat Lift: Yes
  • Interior Features Jack and Jill Bath: Yes
  • Exterior Features Boat Ramp - Private: Yes
  • General Property Information:Pool Private YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen, Jack and Jill Bath, Kitchen Island, Open Floorplan, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s), Wet Bar
  • Flooring: Tile
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Other
  • General Property Information Bathrooms Half: 1
  • Appliances:Convection Oven: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Skylight(s): Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances:Freezer: Yes

Exterior Features

  • Exterior Features: Balcony, Fire Pit, Boat Lift, Boat Ramp - Private
  • Pool Features: In Ground
  • Roof: Metal
  • Fencing: Fenced, Wrought Iron
  • Acres: 0.35
  • Pool Private: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Frame, Stucco, Wood Siding
  • Direction Faces: East
  • Patio And Porch Features: Deck, Patio, Porch
  • Construction Materials:Stucco: Yes
  • Exterior Features:Fire Pit: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Balcony: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • ConstructionSiding:Roof Metal: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Circular Driveway, Garage Door Opener, On Street
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Circular Driveway: Yes
  • Parking Features:On Street: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Available, Propane
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public, Well
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 267.0
  • Association Fee Frequency: Monthly
  • Phone: 321-773-7573
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 267.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Security: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Boat Slip: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-37-27-Nf-00001.0-0022.00

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 10534.64

MLS Schools

  • Elementary School: Sea Park
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2021
Closed on
Dec 1, 2021
Sold by
Howe Stephen
Bought by
Ventresca Matthew Brian
Seller's Agent
Alice Adkins
Token Realty LLC
Buyer's Agent
Kristen Bear
EXP Realty LLC
List Price
$1,975,000
Sold Price
$1,975,000
Current Estimated Value
$2,073,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,995
Avg. Annual Appreciation
1.19%
Original Mortgage
$1,250,000
Outstanding Balance
$559,793
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$1,514,202

Purchase Details

Listed on
Apr 6, 2020
Closed on
Jul 17, 2020
Sold by
Lifelight Company Llc
Bought by
Howe Stephen
Seller's Agent
Gibbs Baum
One Sotheby's International
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$1,650,000
Sold Price
$1,465,000
Premium/Discount to List
-$185,000
-11.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.17%
Original Mortgage
$1,147,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 1, 2016
Closed on
Jun 8, 2016
Sold by
Roberts Jerry
Bought by
Lifelight Company Llc
Seller's Agent
Jerry Roberts
Palm Realty Properties, LLC
Buyer's Agent
Debra Goree
EXIT 1st Class Realty
List Price
$875,000
Sold Price
$850,000
Premium/Discount to List
-$25,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.16%
Original Mortgage
$650,000
Interest Rate
3.57%

Purchase Details

Listed on
Oct 16, 2014
Closed on
Dec 3, 2014
Sold by
Dragon Point Investments Inc
Bought by
Roberts Jerry
Seller's Agent
John Curri
Realty World Curri Properties
Buyer's Agent
John Curri
Realty World Curri Properties
Sold Price
$3,500

Purchase Details

Closed on
Aug 19, 2005
Sold by
Chiuchiolo Ralph A and Chiuchiolo Anna L
Bought by
Dragon Point Investments Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ventresca Matthew Brian $1,975,000 Millennial Title Llc
Howe Stephen $1,465,000 State Title Partners
Howe Stephen $1,465,000 State Title Partners
Lifelight Company Llc $830,000 Landing Title Agency Inc
Roberts Jerry $25,000 Landing Title Agency Inc
Dragon Point Investments Inc $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ventresca Matthew Brian $1,250,000
Previous Owner Howe Stephen $1,147,000
Previous Owner Lifelight Company Llc $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2021 12/03/21 Sold $1,975,000 0.0% $529 / Sq Ft
11/21/2021 11/21/21 Pending -- -- --
11/16/2021 11/16/21 For Sale $1,975,000 0.0% $529 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
11/06/2021 11/06/21 Price Changed $1,975,000 -1.3% $529 / Sq Ft
10/06/2021 10/06/21 Price Changed $2,000,000 -9.9% $536 / Sq Ft
09/27/2021 09/27/21 Price Changed $2,219,000 +0.9% $594 / Sq Ft
09/23/2021 09/23/21 For Sale $2,199,000 0.0% $589 / Sq Ft
09/18/2021 09/18/21 Pending -- -- --
09/09/2021 09/09/21 Price Changed $2,199,000 -8.3% $589 / Sq Ft
08/26/2021 08/26/21 For Sale $2,399,000 +63.8% $642 / Sq Ft
07/17/2020 07/17/20 Sold $1,465,000 -1.7% $392 / Sq Ft View Prior Sale
05/04/2020 05/04/20 Pending -- -- --
04/28/2020 04/28/20 Price Changed $1,490,000 -9.7% $399 / Sq Ft
04/06/2020 04/06/20 For Sale $1,650,000 +94.1% $442 / Sq Ft
06/08/2016 06/08/16 Sold $850,000 0.0% $228 / Sq Ft View Prior Sale
05/27/2016 05/27/16 Off Market $850,000 -- --
04/15/2016 04/15/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $875,000 0.0% $234 / Sq Ft
12/01/2014 12/01/14 Rented $3,500 -11.4% --
11/25/2014 11/25/14 Under Contract -- -- --
10/16/2014 10/16/14 For Rent $3,950 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

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 $825 $1,635,310 -- --
2024 $801 $1,589,230 -- --
2023 $801 $1,542,950 $0 $0
2022 $18,179 $1,498,010 $0 $0
2021 $13,992 $1,037,500 $400,000 $637,500
2020 $10,974 $787,710 $350,000 $437,710
2019 $11,728 $822,660 $350,000 $472,660
2018 $11,646 $801,410 $325,000 $476,410
2017 $10,993 $716,650 $275,000 $441,650
2016 $11,130 $692,350 $245,000 $447,350
2015 $10,903 $647,420 $245,000 $402,420
2014 $10,688 $622,190 $245,000 $377,190
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Alice Adkins

    Token Realty LLC

    Section Image
  • Kristen Bear

    Buyer's Agent in 2021

    Kristen Bear

    EXP Realty LLC

    (321) 610-8810

    14 in this area

    1,236 Total Sales

    Kristen Bear
    Section Image

  • K

    Buyer's Agent in 2021

    Kristen Hayes

    House Facts Realty

  • Gibbs Baum

    Seller's Agent in 2020

    Gibbs Baum

    One Sotheby's International

    (321) 432-2009

    13 in this area

    257 Total Sales

    Gibbs Baum
    Section Image
  • Gregory Zimmerman

    Seller Co-Listing Agent in 2020

    Gregory Zimmerman

    One Sotheby's International

    (321) 704-3025

    10 in this area

    239 Total Sales

    Gregory Zimmerman
    Section Image

  • N

    Buyer's Agent in 2020

    Non-Member Non-Member Out Of Area

    Non-MLS or Out of Area

See All Agents

Map

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

MLS Number: 914151

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-27-NF-00001.0-0022.00

Florida Brevard County Satellite Beach 32937

508 Lanternback Island Dr, Satellite Beach, FL

Not Listed for Sale

Detached

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