14 days on rocket

124 Lanternback Island Dr, Satellite Beach, FL, 32937

$2,350,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
4,834 SqFt
$486/SqFt
House
Schools Nearby

Location

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124 Lanternback Island Dr, Satellite Beach$2,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Parking, Garage
Garage2 spaces
Year Built1989
HeatingCentral, Electric, Heat Pump
CoolingCentral Air, Electric, Multi Unit(s)
WaterfrontCanal, Navigable Water, River Access, Waterfront
FireplaceWood Burning
ViewCanal, Other
Private PoolYes
MLS #1012233
Lot Size0.47 Acres
StatusActive

About 124 Lanternback Island Dr

Picture this: a slice of paradise nestled in the heart of the TURN BASIN on the GRAND CANAL. It's YOUR NEW HOME with a front-row ticket to Mother Nature's grand show! SUPREME PRIVACY with a park to the west and expansive canal to the east, you'll be treated to a panoramic spectacle every day. Nearly 5,000 sq. ft. under air this updated home is a blend of CLASSIC ELEGANCE & COZY, EASY LIVING. Huge windows bring the glorious outside in WHEREVER you are: Views in all directions! 4 Versatile living areas & a bonus room. Easterly doors open to an under-roof patio running the breadth of the home: An entertaining haven. Large BEDROOM DOWNSTAIRS w private entrance & bathroom opposite is great for guests. EXPANSIVE owner's suite & 3 more bedrooms/bathrooms upstairs + decking north to south for serious river-watching! Gorgeous pool & covered boat dock with electric lift MAKES BOATING EASY in deep water: drive right in! A RARE BEAUTY. See it to believe it. ADDITIONAL INFO under 'Documents'

Property Details

Property Features

Property Information:

  • Architectural Style: Multi Generational,Traditional
  • Year Built: 1989
  • Stories: 2
  • Living Area: 4,834 SqFt

Listing Office:

  • Office Name: RE/MAX Elite
  • Office Phone: (321) 752-5858
  • Listing Agent: Jill A Wallace

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Cooktop, Electric Oven, Electric Range, ENERGY STAR Qualified Water Heater, Instant Hot Water, Microwave, Refrigerator, Tankless Water Heater, Washer, Wine Cooler
  • Flooring Type: Tile, Wood
  • Interior: Breakfast Bar, Built-in Features, Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Entrance Foyer, His and Hers Closets, In-Law Floorplan, Jack and Jill Bath, Open Floorplan, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal, Navigable Water, River Access, Waterfront
  • View: Canal, Other
  • Exterior: Boat Dock, Boat Lift, Storm Windows

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Additional Parking, Garage

Lot Features

Lot Information:

  • Lot: Greenbelt, Wooded
  • Lot Size: 0.47 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air, Electric, Multi Unit(s)

School Info

Assigned Schools Information:

  • Satellite High School, Public District Grades PK-12
  • DeLaura Middle School, Public District Grades 7-8
  • Sea Park Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Seller to alert gate for your admittance. Over the small bridge in Tortoise Island and right on Hawksbill. Right on Lanternback and veer right and left as you follow the road. Regal home sits opposite the pond & massive park..

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,350,000
  • Price Per SqFt: $486/SqFt

HOA Fees:

  • Amount: $318
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $11,077
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Satellite Beach, FL.

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Satellite Beach, FL

City

Med. Sold Price

$530K

Med. Price/SqFt

$299

Avg. Days On Market

75

# of Sold Homes

34

124 Lanternback Island Dr vs Satellite Beach

14 DAYS ON ROCKET

-61 Days

$2,350,000

+$1.8M More

$486/SqFt

+$186 More

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price and $186/SqFt more than other homes in Satellite Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1012233

Listing Office:

  • Office Name: RE/MAX Elite
  • Office Phone: (321) 752-5858
  • Listing Agent: Jill A Wallace

IDX Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/11/2024, 7:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 31, 2013Home Sold
$560,000

Tax History

YEARPROP. TAXASSESSMENT
2020$11,077$834,230
2019$12,458$870,090
2018$12,004$852,490
2017$12,004$790,550

History based on county public records data.

Payment Calculator

$12.1K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,112

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-10542330
8
/10

  • Sea Park Elementary School

  • 300 Sea Park Blvd

  • 0.62 miles

  • Public District Grades PK-6

Middle School

school-card-donut-10542331
7
/10

  • DeLaura Middle School

  • 300 Jackson Ave

  • 1.79 miles

  • Public District Grades 7-8

High School

school-card-donut-10542332
8
/10

  • Satellite High School

  • 300 Scorpion Ct

  • 1.60 miles

  • Public District Grades PK-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $177,027. The most common annual income of people living in Satellite Beach, FL is $200k+. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 124 Lanternback Island Dr

What is the listing price of this property?

The listing price of 124 Lanternback Island Dr property is $2,350,000.

What type of property is this?

The property 124 Lanternback Island Dr is a house located in Satellite Beach, Florida, 32937.

Is this property for sale now?

Active Listing: 124 Lanternback Island Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 124 Lanternback Island Dr are:
Sea Park Elementary School: GreatSchools Rating 8/10
DeLaura Middle School: GreatSchools Rating 7/10
Satellite High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $11,077 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 31, 2013 for $560,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 124 Lanternback Island Dr has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 124 Lanternback Island Dr is 4,834 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 124 Lanternback Island Dr is 1989.

Rocket Homes›Florida›Brevard County›Satellite Beach›32937›124 Lanternback Island Dr

This home is located at 124 Lanternback Island Dr in Satellite Beach, FL and zip code 32937 in the Tortiose neighborhood. This 4,834 square foot home, which was built in 1989, sits on a 0.47 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 27, 2024 and is currently priced at $2,350,000.

In April 2024, from all listings sold in Satellite Beach, FL there were more than 3 sold above asking price, over 27 sold below and more than 4 were sold right at the asked price. The number of listings in Satellite Beach, FL increased by 19.4% between March 2024 and April 2024. In April 2024 median list price was $530,000 and the average listing age was 75 days.

From Rocket Homes Real Estate and based on county public records data.

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