2 months on rocket

722 Loggerhead Island Dr, Satellite Beach, FL, 32937

$2,499,999

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths
4,381 SqFt
$571/SqFt
House
Schools Nearby

Location

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722 Loggerhead Island Dr, Satellite Beach$2,499,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport, Detached, Other
Garage3 spaces
Year Built1982
HeatingCentral
CoolingCentral Air
WaterfrontLagoon, Navigable Water, River Access, River Front, Intracoastal, Waterfront
ViewRiver
MLS #1003545
Lot Size0.90 Acres
StatusActive

About 722 Loggerhead Island Dr

Stunning Views Of The Banana River! Tortoise Island Pool Home! Superior Construction Quality: Designed By A Structural Engineer - Built W/Steel Beams & 2x6 Center Cut Red Wood! Opulence Awaits! 24-Hour Guard Gated Private Island Community In Satellite Beach! This Home Has The WOW Factor! Neighboring .3 Acre Lot Is Included In The Sale Making This Parcel Almost A Full Acre & One Of The Largest Lots On The Island! Unique Architectural Design & Eastern Flair Define This Estate! Soaring Ceilings, Stone Columns, Wood Beams & Walls Of Windows! A Large Koi Pond With 2 Streams That Meander Through the home. 190 Front Feet On The River! New Tile Roof! 2nd Floor Devoted To The Primary Suite Complete With Two Changing Rooms, A Private Balcony & Deluxe EnSuite! Sparkling Pool! Coquina Rock Seawall! Circular Drive, Porte Cochere & 3 Car Garage! Amenities: Day Dock For Mooring & Boat Launch, Clubhouse, Pool, Gym, Basketball, Playground, Tennis & Guest Parking! Perfect For Entertaining! Embark on the transformation of this magnificent Tortoise Island estate! This 4 bedroom, 4 bathroom gem has undergone a complete rejuvenation. Expertly designed by a professional engineer in steel fabrication and bridge building, the home stands as a testament to structural stability and strength. The construction features center-cut redwood and massive steel beams, all clad in cedar, creating a blend of vigor and elegance that define its architectural charm. This home was built with the foundation and structure designed for maximum resilience and stability. Upon entering through the foyer, you will find a glass enclosed bridge suspended over the koi pond which feeds the streams that run on either side of the home. At the heart of the entrance stands a majestic wood-burning fireplace, separating your entrance from the formal entertainment area. In the primary living space, you're embraced by the warmth of two fireplaces, large stone columns, and beautiful wood, creating an inviting atmosphere. The cozy sunken space, adorned with Berber carpet next to the gas fireplace, offers a tranquil retreat. The journey continues with another sunken TV area, offering a private space during larger gatherings. Family and friend events are elevated by the addition of a formal bar and catering area, seamlessly blending convenience with luxury. The property, boasting 190 front feet on the Banana River in the private community of Tortoise Island is divided into two lots to minimize taxes. One lot is .6 of an acre with the other unimproved lot at .3 of an acre, totaling just under a full acre and making this one of the largest parcels on the island! As an exceptional feature, discover one of the largest laundry rooms ever seen, doubling as a catering prep area. Featuring a spacious counter and a fully equipped fridge/freezer, this multifunctional space enhances both practicality and efficiency. Venture to the second floor, exclusively dedicated to the primary suite, featuring private dressing rooms that allow for a peaceful start to the day without disturbing the better half. The primary Jacuzzi bath, built for two, with a shower to match, showcases eastern-inspired stained glass, black stone, and gold accents, continuing the zen feeling throughout the home. Guest suites are thoughtfully separated from the main living area, accessible via another elevated bridge over one of the creeks that meander through the home. Windows and doors everywhere allow the soothing sounds of water to follow you. Enjoy Banana River views from the sparkling pool and the natural beauty and protection of the mangrove and coquina rock seawall, a softened edge of nature to protect your waterline. With a circular drive, porte cochere, and a 3-car garage, this home radiates sophistication. Situated just over 1.25 miles from the ocean and near Patrick Space Force Station, the property offers easy access to the beach and a prime location for space enthusiasts. Community amenities include a day dock, boat launch, clubhouse, pool, gym, basketball, playground, and tennis. Once a property in need of significant attention in 2022 deferred maintenance has now been completed and this property shines in a 24-hour guard-gated private island community in Satellite Beach!

Property Details

Property Features

Property Information:

  • Year Built: 1982
  • Stories: 2
  • Living Area: 4,381 SqFt

Listing Office:

  • Office Name: BHHS Florida Realty
  • Office Phone: (321) 768-7600
  • Listing Agent: Scott A Wall-Desousa, Barbara Wall

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Lagoon, Navigable Water, River Access, River Front, Intracoastal, Waterfront
  • View: River
  • Exterior: Balcony, Outdoor Shower

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Carport, Detached, Other

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.90 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

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: Just south of Pineda causeway, in Tortoise Island. Over the second bridge, take left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,499,999
  • Price Per SqFt: $571/SqFt

HOA Fees:

  • Amount: $477
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $7,878
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$512K

Med. Price/SqFt

$296

Avg. Days On Market

43

# of Sold Homes

22

722 Loggerhead Island Dr vs Satellite Beach

66 DAYS ON ROCKET

+23 Days

$2,499,999

+$1.9M More

$571/SqFt

+$274 More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price and $274/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: #1003545

Listing Office:

  • Office Name: BHHS Florida Realty
  • Office Phone: (321) 768-7600
  • Listing Agent: Scott A Wall-Desousa, Barbara Wall

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: 4/27/2024, 1:20:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$7,878$590,570
2019$7,928$577,300
2018$8,068$566,540
2017$8,068$554,890

History based on county public records data.

Payment Calculator

$13K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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-1276025
8
/10
  • Sea Park Elementary School

  • 300 Sea Park Blvd

  • 0.95 miles

  • Public District Grades PK-6

Middle School

school-card-donut-1276026
7
/10
  • DeLaura Middle School

  • 300 Jackson Ave

  • 1.29 miles

  • Public District Grades 7-8

High School

school-card-donut-1276027
8
/10
  • Satellite High School

  • 300 Scorpion Ct

  • 1.18 miles

  • Public District Grades PK-12

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. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 722 Loggerhead Island Dr

What is the listing price of this property?

The listing price of 722 Loggerhead Island Dr property is $2,499,999.

What type of property is this?

The property 722 Loggerhead Island Dr is a house located in Satellite Beach, Florida, 32937.

Is this property for sale now?

Active Listing: 722 Loggerhead 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 722 Loggerhead 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 $7,878 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 722 Loggerhead Island Dr has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 722 Loggerhead Island Dr is 4,381 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 722 Loggerhead Island Dr is 1982.

Rocket HomesFloridaBrevard CountySatellite Beach32937722 Loggerhead Island Dr

This home is located at 722 Loggerhead Island Dr in Satellite Beach, FL and zip code 32937 in the Tortiose neighborhood. This 4,381 square foot home, which was built in 1982, sits on a 0.90 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $2,499,999.

While more than 1 listings in Satellite Beach, FL in March 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 20 were sold below. The number of listings in Satellite Beach, FL increased by 10.3% between February 2024 and March 2024. Listings spent 43 days on the market in March 2024, and had a median list price of $512,000 during the same period.

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

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