K
Seller's Agent in 2025
Kristin Govea
RE/MAX
(305) 522-1827
6 in this area
22 Total Sales
717 Palos Verde Dr Satellite Beach, FL 32937
5
Beds
3
Baths
4,005
Sq Ft
6,534
Sq Ft Lot
Highlights
- Lake Front
- Heated Spa
- Clubhouse
- Sea Park Elementary School Rated 9+
- Gated Community
- Wood Flooring
About This Home
As of July 2025PREFERRED LENDER IS OFFERING 1% BACK TO APPROVED BUYER! Don't miss this rare chance to own a spacious 5BR/3BA lakefront home in the exclusive, gated Montecito community of Satellite Beach—just minutes from the ocean! With over 4,000 sq ft, this home is packed with everything you could want: brand new LVP flooring, a chef's kitchen, formal living & dining, open-concept family room, home theater, gym, and bonus space. The luxurious upstairs primary suite features a custom closet, ensuite bath, and extra walk-in. Enjoy your private backyard oasis with a summer kitchen, hot tub, and serene lake views—plenty of room to add a pool! Montecito offers resort-style amenities including a pool, gym, clubhouse, and playground. Top-rated schools, dining, and shopping are nearby, with easy access to the Indian River, Kennedy Space Center, and Orlando Airport. This beachside gem is priced to sell—act fast!
Last Agent to Sell the Property
RE/MAX Solutions License #3507136 Listed on: 04/11/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,275
Year Built
- Built in 2007 | Remodeled
Lot Details
- 6,534 Sq Ft Lot
- Lake Front
- Property fronts a private road
- West Facing Home
- Cleared Lot
HOA Fees
- $85 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Carport
Home Design
- Frame Construction
- Tile Roof
- Wood Siding
- Concrete Siding
- Block Exterior
- Asphalt
- Stucco
Interior Spaces
- 4,005 Sq Ft Home
- 2-Story Property
- Built-In Features
- Ceiling Fan
- Entrance Foyer
- Lake Views
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Electric Oven
- Induction Cooktop
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Split Bedroom Floorplan
- Dual Closets
- Walk-In Closet
- Jack-and-Jill Bathroom
- 3 Full Bathrooms
- Bathtub and Shower Combination in Primary Bathroom
- Spa Bath
Laundry
- Dryer
- Washer
Home Security
- Security Gate
- Smart Thermostat
- Fire and Smoke Detector
Pool
- Heated Spa
- Above Ground Spa
Outdoor Features
- Balcony
- Courtyard
- Patio
- Outdoor Kitchen
- Front Porch
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 26-37-26-32-00000.0-0126.00
- Community Development District (CDD) fees
- $3,725 special tax assessment
Community Details
Overview
- Association fees include ground maintenance
- $37 Other Monthly Fees
- Montecito Phase 1A Association
- Montecito Phase 1A Subdivision
- Maintained Community
Recreation
- Community Playground
- Community Pool
- Park
Additional Features
- Clubhouse
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2025
Closed on
Jul 18, 2025
Sold by
Johnson Cody Vann and Lindsey Sue
Bought by
Aragao Eduardo R and Aragao Tanya
Seller's Agent
Kristin Govea
RE/MAX Solutions
Buyer's Agent
Jennifer Grimes
One Sotheby's International
List Price
$765,000
Sold Price
$725,000
Premium/Discount to List
-$40,000
-5.23%
Views
292
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.65%
Original Mortgage
$455,000
Outstanding Balance
$455,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$290,381
Purchase Details
Listed on
May 27, 2022
Closed on
Sep 15, 2022
Sold by
Curri John D and Curri Laura
Bought by
Johnson Cody Vann and Johnson Lindsey Sue
Seller's Agent
John Curri
Realty World Curri Properties
Buyer's Agent
Kristin Govea
RE/MAX Solutions
List Price
$929,000
Sold Price
$865,000
Premium/Discount to List
-$64,000
-6.89%
Views
3
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.03%
Original Mortgage
$821,750
Interest Rate
4.99%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 6, 2011
Closed on
Aug 31, 2012
Sold by
Gebbard William and Bockos Sharon
Bought by
Curri John D and Curri Laura
Seller's Agent
Debbie Gaffney
Smart Choices Realty
List Price
$359,000
Sold Price
$300,000
Premium/Discount to List
-$59,000
-16.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.11%
Purchase Details
Closed on
Jan 5, 2007
Sold by
Phoenix Community Developers Inc
Bought by
Mercedes Homes Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $725,000 | Oasis Title & Escrow Llc | |
| Warranty Deed | $725,000 | Oasis Title & Escrow Llc | |
| Warranty Deed | $865,000 | Supreme Title Closings | |
| Warranty Deed | $339,000 | Alliance Title Insurance Age | |
| Warranty Deed | $120,000 | B D R Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $455,000 | New Conventional | |
| Closed | $455,000 | New Conventional | |
| Previous Owner | $821,750 | New Conventional | |
| Previous Owner | $238,500 | No Value Available | |
| Previous Owner | $135,000 | Credit Line Revolving | |
| Previous Owner | $245,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Sold | $725,000 | -2.7% | $181 / Sq Ft |
| 06/30/2025 06/30/25 | Pending | -- | -- | -- |
| 04/24/2025 04/24/25 | Price Changed | $745,000 | -2.6% | $186 / Sq Ft |
| 04/11/2025 04/11/25 | For Sale | $765,000 | -11.6% | $191 / Sq Ft |
| 09/15/2022 09/15/22 | Sold | $865,000 | -1.7% | $216 / Sq Ft |
| 07/18/2022 07/18/22 | Pending | -- | -- | -- |
| 07/02/2022 07/02/22 | Price Changed | $879,900 | -2.2% | $220 / Sq Ft |
| 06/11/2022 06/11/22 | Price Changed | $899,900 | -3.1% | $225 / Sq Ft |
| 05/27/2022 05/27/22 | For Sale | $929,000 | +209.7% | $232 / Sq Ft |
| 08/31/2012 08/31/12 | Sold | $300,000 | -16.4% | $89 / Sq Ft |
| 06/06/2011 06/06/11 | Pending | -- | -- | -- |
| 06/06/2011 06/06/11 | For Sale | $359,000 | -- | $107 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $16,473 | $734,270 | -- | -- |
| 2023 | $16,473 | $712,890 | $88,000 | $624,890 |
| 2022 | $10,815 | $435,190 | $0 | $0 |
| 2021 | $10,907 | $422,520 | $0 | $0 |
| 2020 | $10,899 | $416,690 | $0 | $0 |
| 2019 | $10,877 | $407,330 | $0 | $0 |
| 2018 | $10,909 | $399,740 | $0 | $0 |
| 2017 | $10,239 | $373,920 | $0 | $0 |
| 2016 | $9,217 | $366,230 | $85,000 | $281,230 |
| 2015 | $9,530 | $369,630 | $85,000 | $284,630 |
| 2014 | $9,855 | $359,630 | $80,000 | $279,630 |
Source: Public Records
Agents Affiliated with this Home
-
Kristin Govea
-
Jennifer Grimes
Buyer's Agent in 2025
Jennifer Grimes
One Sotheby's International
(321) 750-5238
3 in this area
49 Total Sales
-
John Curri
Seller's Agent in 2022
John Curri
Realty World Curri Properties
(321) 961-4487
48 in this area
249 Total Sales
-
C
Seller Co-Listing Agent in 2022
Cameron Combs
Realty World Curri Properties
-
D
Seller's Agent in 2012
Debbie Gaffney
Smart Choices Realty
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1042949
APN: 26-37-26-32-00000.0-0126.00
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Information is deemed reliable but not guaranteed.
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