$725,000
SOLD JUL 18, 2025

717 Palos Verde Dr Satellite Beach, FL 32937

5 Beds
3 Baths
4,005 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$181 Per Sq Ft

5% Below List Price

80 Days on Market

Highlights

  • Lake Front
  • Heated Spa
  • Clubhouse
  • Satellite Senior High School Rated A-
  • Gated Community
  • Wood Flooring

About This Home

As of July 2025

PREFERRED 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

Kristin Govea

RE/MAX Solutions License #3507136 Listed on: 04/11/2025

RE/MAX Solutions

Last Buyer's Agent

Jennifer Grimes

One Sotheby's International License #3413995

One Sotheby's International

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,275

Year Built

Built in 2007 | Remodeled

Lot Details

0

HOA Fees

$85 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Cleared
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Reso View: Lake, Water
  • ResoSecurityFeatures: Security Gate
  • Reso Association Amenities: Clubhouse, Gated, Maintenance Grounds, Management - Full Time, Management - Off Site, Park, Playground, Pool
  • Reso Association Fee Includes: Maintenance Grounds
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Montecito Phase 1A
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Outdoor Kitchen
  • Reso Property Condition: Updated/Remodeled
  • Location Tax and Legal Parcel Number2: 26-37-26-32-00000.0-0126.00
  • 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: 15275.22
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Living Area2: 4005.0
  • General Property Information Lot Size Acres: 0.15
  • General Property Information Lot Size Square Feet2: 6534.0
  • 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
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: Yes
  • General Property Information Other Fee(s) Amount: 112.0
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Security Gate: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: Yes
  • View Water3: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Spa Features Above Ground2: Yes
  • Interior Features Jack and Jill Bath: Yes
  • General Property Information CDD Fee YN: Yes
  • Utilities Cable Connected: Yes
  • Smart Home Features Programmable Thermostat: Yes
  • Smart Home Features Smoke Detector: Yes
  • Spa Features Heated2: Yes
  • Property Condition UpdatedRemodeled: Yes
  • General Property Information CDD Fee Amount: 3725.0
  • General Property Information Stories2: 2
  • Road Frontage Type Private Road: Yes
  • Other Structures Outdoor Kitchen: Yes
  • Spa Features Private2: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, His and Hers Closets, Jack and Jill Bath, Kitchen Island, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Spa Features: Above Ground, Bath, Heated, Private
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Freezer, Ice Maker, Induction Cooktop, Microwave, Refrigerator, Washer, Other
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes
  • Appliances:Freezer: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Induction Cooktop: Yes
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Exterior Features: Balcony, Courtyard, Outdoor Kitchen, Other
  • Roof: Tile
  • Acres: 0.15
  • Pool Private: No
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Frame, Stucco, Wood Siding
  • Direction Faces: West
  • Patio And Porch Features: Front Porch, Patio, Rear Porch, Side Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • View:Lake: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Lake Front: Yes
  • Exterior Features Outdoor Kitchen2: Yes
  • Patio and Porch Features:Side Porch: Yes
  • Exterior Features:Courtyard: Yes
  • Lot Features:Cleared: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Patio And Porch Features:Front 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
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Connected, Electricity 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 #2 Fee Frequency: Annually
  • Association Fee: 255.0
  • Association Fee Frequency: Quarterly
  • Association Name: Montecito Phase 1A
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Montecito Phase 1A
  • General Property Information:Association Fee: 255.0
  • General Property Information:Association Fee Frequency: Quarterly
  • General Property Information:Association Fee 2 Frequency: Annually
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Park: Yes
  • Association Amenities:Playground: Yes
  • Association Amenities:Gated2: Yes
  • Association Fee Includes:Maintenance Grounds: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2629023
  • Parcel #: 26-37-26-32-00000.0-0126.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 15275.22

MLS Schools

  • Elementary School: Sea Park
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

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
-5.07%
Original Mortgage
$821,750
Outstanding Balance
$789,093
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
-$43,712

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
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 $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

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
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

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Map

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

MLS Number: 1042949

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-26-32-00000.0-0126.00