$2,100,000
502 Lanternback Island Drive
Satellite Beach, FL 32937
MLS# 1003447
5 beds  |  7 baths  |  8488 sqft

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502 Lanternback Island Drive, Satellite Beach, FL 32937
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Property Description
In 2023, a new barrel tile-look metal roof was added to this magnificent riverfront home in the gated community of Tortoise Island. This energy efficient, storm-safe home features whole-home solar power ($200 electric bills in summer), whole-home generator, electric roll-down storm shutters. With expansive river views, soaring 20+ foot ceilings, and a 300' Banana River Dock, this property is truly exceptional. Other features include a separate private office, courtyard pool with a waterfall, 5 ensuite bedrooms, whole-home lighting controls, gas fireplace, elevator, EV charging and on-demand hot water.

Details
Maps
Contract Information
Current Price: $2,100,000
Original List Price: 2400000
List Price: $2,100,000
Status: Active
Listing Contract Date: 2024-01-30
Start Showing Date: 2024-02-15
Property Sub Type: Single Family Residence
Location, Tax, and Legal
Street Number: 502
Street Name: Lanternback Island
Street Suffix: Drive
Tax Account: 2609018
Parcel Number: 26-37-27-Nf-00001.0-0023.00
County: Brevard
State: FL
Postal Code: 32937
MLS Area Major: 381 - N Satellite Beach
General County Location: South
Subdivision Name: Tortoise Island Ph 3 Unit 2 PUD
Elementary School: Sea Park
Middle School: DeLaura
High School: Satellite
Tax Year: 2023
Tax Legal Description: TORTOISE ISLAND PH 3 UNIT 2 P.U.D. LOT 23 BLK 1
Directions: Head south on Florida A1A S, right onto Sea Park Blvd, left onto S Patrick Dr, right onto Tortoise Dr, right onto Hawksbill Island Dr, left to stay on Hawksbill Island Dr, right onto Lanternback Island Dr, destination on the left.
General Property Information
Bedrooms Total: 5
Bathrooms Total: 7
Bathrooms Full: 5
Bathrooms Half: 2
Living Area: 6904
Living Area Source: Assessor
Building Area Total: 8488
Accessibility Features YN: No
New Construction YN: No
Year Built: 1990
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Lot Size Acres: 0.39
Lot Size Square Feet: 16988.4
Association YN: Yes
Association Fee: 375
Association Fee Frequency: Monthly
Association Name: Tortiose Island
CDD Fee YN: No
Community Fee(s) YN: No
Waterfront YN: Yes
Furnished: Unfurnished
Stories: 2
Direction Faces: East
Senior Community YN: No
List Price/SqFt: 304.17
Remarks and Miscellaneous
Public Remarks: In 2023, a new barrel tile-look metal roof was added to this magnificent riverfront home in the gated community of Tortoise Island. This energy efficient, storm-safe home features whole-home solar power ($200 electric bills in summer), whole-home generator, electric roll-down storm shutters. With expansive river views, soaring 20+ foot ceilings, and a 300' Banana River Dock, this property is truly exceptional. Other features include a separate private office, courtyard pool with a waterfall, 5 ensuite bedrooms, whole-home lighting controls, gas fireplace, elevator, EV charging and on-demand hot water.
Status Change Information
Major Change Timestamp: 2024-07-22T22:18:14Z
Major Change Type: Status Change
Price Change Timestamp: 2024-07-22T21:49:26Z
Status Change Timestamp: 2024-07-22
Closing Company Details
Closing Company Name: Dieguez and Stoller
DPR Eligible
DPR Eligible: No
Legal Details
Permission Granted to Advertise: No
Property Features
Appliances: Dishwasher; Disposal; Dryer; Electric Cooktop; Electric Range; Freezer; Gas Range; Washer
Association Amenities: Boat Dock; Boat Launch; Clubhouse; Fitness Center; Playground; Sauna; Security; Tennis Court(s)
Construction Materials: Stucco; Wood Siding
Cooling: Central Air; Multi Units; Split System
Current Use: Residential; Single Family
Electric: Whole House Generator
Exterior Features: Balcony; Boat Slip; Courtyard; Storm Shutters
Fireplace Features: Gas
Flooring: Laminate; Tile; Wood
Heating: Propane
Interior Features: Breakfast Nook; Built-in Features; Ceiling Fan(s); Eat-in Kitchen; Elevator; Guest Suite; Kitchen Island; Pantry; Split Bedrooms; Walk-In Closet(s); Wet Bar
Laundry Features: Electric Dryer Hookup; Washer Hookup
Levels: Two
Listing Terms: Cash; Conventional; VA Loan
Lot Features: Few Trees
Parking Features: Electric Vehicle Charging Station(s); Garage
Patio And Porch Features: Covered; Deck; Patio; Rear Porch
Pool Features: Private; Salt Water; Waterfall
Possession: Close Of Escrow
Rental Restrictions: 1 Year
Road Surface Type: Asphalt
Roof: Metal
Sewer: Public Sewer
Showing Requirements: Appointment Only
Smart Home Features: Lighting
Special Listing Conditions: Standard
Utilities: Cable Available; Sewer Available; Water Available
View: River; Water
Water Source: Public
Waterfront Features: Navigable Water; No Fixed Bridges; River Access; River Front; Waterfront Community

Listing Office: Compass Florida, LLC

Last Updated: July - 22 - 2024


The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

The listing broker’s offer of compensation is made only to participants of Space Coast MLS as well as Florida Realtors® MLS Advantage Participants and Particpants in the Coast2Coast datashare.