$89,000
- 2 Beds
- 1 Bath
- 1,054 Sq Ft
346 Norwich Ln Unit B-25, Melbourne Beach, FL 32951
Sandra Bergman Cove Communities
$89,000
346 Norwich Ln Unit B-25, Melbourne Beach, FL 32951
Sandra Bergman Cove Communities
Satellite Beach, Florida, is a longstanding community with a relaxed, vacation-worthy atmosphere characterized by golden beaches and towering palm trees. Located on a barrier island between the Atlantic Ocean and the Indian River Lagoon, it is less than 10 miles from downtown Melbourne and about 65 miles from Orlando. The area has a significant military presence due to its proximity to Patrick Space Force Base, with many residents working in defense and aerospace industries. Satellite Beach features nearly 20 beach crossovers and three beach parks—Hightower Park, Seaside Park, and Paradise Park—where residents enjoy activities like running, swimming, and surfing. The community also offers freshwater fishing and manatee watching at DeSoto Park. Housing includes original midcentury homes, many of which have been renovated, as well as larger luxury gated subdivisions and condos. The local schools, part of Brevard Public Schools, are highly rated, with Satellite High School offering specialized programs like the Satellite Academy of the Arts. Most dining and retail options are concentrated along the A1A, featuring locally owned shops and restaurants such as Long Doggers. For larger shopping centers and upscale dining, residents often travel to nearby Melbourne or Viera. The community is served by the Melbourne Orlando International Airport, just 10 miles away. Satellite Beach experiences hot, humid summers and mild winters, with frequent storms and hurricane threats. Crime rates in Brevard County have been trending down, making the area safer than the national average.
The median home sale price in Satellite Beach, FL is $516,000, down 4% year-over-year. Homes in Satellite Beach sell in 60 days on average, compared to the national average of 58 days.
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Median Sale Price
$516,000
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Median Single Family Sale Price
$559,000
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Median Townhouse Sale Price
$395,000
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Median 2 Bedroom Sale Price
$369,500
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Median 1 Bedroom Sale Price
$195,000
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Average Price Per Sq Ft
$333
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Number of Homes for Sale
139
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Last 12 months Home Sales
414
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Months of Supply
4.00
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Median List Price
$549,900
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Median Change From 1st List Price
6%
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Median Home Sale Price YoY Change
-4%
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