$1,999,000

124 Lanternback Island Dr Satellite Beach, FL 32937

Estimated payment $12,415/month

Total Views 12,143
5 Beds
4.5 Baths
4,834 Sq Ft
$414 Price per Sq Ft

Highlights

  • Hot Property
  • Docks
  • River Access
  • Satellite Senior High School Rated A-
  • Home fronts navigable water
  • Boat Lift

About This Home

A rare gem on the Grand Canal, nestled in the heart of wide open turn basin. Supreme privacy from canal neighbors with widest part of the Grand Canal to the east and expansive park to the west. Nearly 5,000 sq. ft. under air. This home with huge windows & doors brings glorious outside in. Downstairs is open plan with 4 Versatile living areas. Extensive shaded patio runs the full width of the home alongside the large pool with unobstructed views of canal life. An entertaining haven. Bonus room for office/teen hangout/TV room/or even 6th bedroom. Privately, on the south end, is a large bedroom w own entrance & bathroom opposite, perfect for guests. Upstairs, sweeping owner's suite is privately positioned at one end of the home. On the other, 3 more bedrooms + 2 full bathrooms. Upstairs, Primary +2 bedrooms lead to wood decks & gorgeous views! Boaters' paradise includes a covered boat dock with electric lift & close access to the main river. WATCH THE 'FROM THE DOCK' virtual tours!

Listing Agent

Jill Wallace

RE/MAX Elite License #3038282

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,266

Year Built

  • Built in 1989

Lot Details

  • 0.47 Acre Lot
  • Home fronts navigable water
  • Home fronts a canal
  • Property fronts a private road
  • East Facing Home
  • Fenced
  • Wooded Lot
  • Zoning described as PUD

HOA Fees

  • $318 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Tile Roof
  • Asphalt
  • Stucco

Interior Spaces

  • 4,834 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Furniture Can Be Negotiated
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Instant Hot Water

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • In-Law or Guest Suite
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Hurricane or Storm Shutters
  • High Impact Windows

Eco-Friendly Details

  • Energy-Efficient Hot Water Distribution

Outdoor Features

  • In Ground Pool
  • River Access
  • No Fixed Bridges
  • Boat Lift
  • Docks
  • Balcony
  • Patio
  • Terrace
  • Fire Pit

Schools

  • Sea Park Elementary School
  • Delaura Middle School
  • Satellite High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Heat Pump System
  • 220 Volts
  • Propane
  • Well
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26-37-22-80-00007.0-0054.00

Community Details

Overview

  • Association fees include insurance, ground maintenance, security
  • Tortoise Island HOA, Phone Number (321) 773-7573
  • Tortoise Island Ph 4 Pud Subdivision
  • Maintained Community
  • Greenbelt

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Community Boat Launch
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park

Security

  • 24-Hour Security
  • 24 Hour Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,266

Year Built

Built in 1989

Lot Details

0

HOA Fees

$318 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Upper Level
  • ResoLotFeatures: Easement Access, Greenbelt, Wooded
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Reso View: Canal, Other
  • Water Body Name: Grand Canal
  • ResoSecurityFeatures: 24 Hour Security, Gated with Guard, Security Gate
  • Reso Association Amenities: Basketball Court, Boat Launch, Clubhouse, Fitness Center, Gated, Maintenance Grounds, Management - Full Time, Management - Off Site, Park, Pickleball, Playground, Pool, Sauna, Tennis Court(s)
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Security
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Tortoise Island Ph 4 PUD
  • Architectural Style: Multi Generational, Traditional
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Water Heater
  • Financial Info Electric: 220 Volts
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Tile2: Yes
  • ViewCanal: Yes
  • General Property Information:Pool Private YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Entrance Foyer, Guest Suite, His and Hers Closets, Jack and Jill Bath, Open Floorplan, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Range, ENERGY STAR Qualified Water Heater, Instant Hot Water, Microwave, Refrigerator, Tankless Water Heater, Washer, Wine Cooler
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Stories: 2
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Tankless Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Central Vacuum: Yes
  • Appliances:Instant Hot Water: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:ENERGY STAR Qualified Water Heater: Yes
  • Appliances:Wine Cooler: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Exterior Features: Balcony, Dock, Fire Pit, Boat Lift, Impact Windows, Storm Shutters
  • Pool Features: In Ground, Other
  • Roof: Tile
  • Fencing: Fenced, Other
  • Acres: 0.47
  • Pool Private: Yes
  • Waterfront Features: Canal Front, Navigable Water, River Access, No Fixed Bridges
  • Waterfront: Yes
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Patio, Terrace
  • Construction Materials:Stucco: Yes
  • Exterior Features:Fire Pit: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Storm Shutters: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Wooded: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Canal Front: Yes
  • Exterior Features:Dock: Yes
  • Exterior Features:Impact Windows: Yes
  • Waterfront Features:River Access: Yes
  • Waterfront Features:Navigable Water: Yes
  • Patio And Porch Features:Terrace: Yes
  • Lot Features:Greenbelt: 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, Multi Units
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Propane
  • Heating: Central, Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 318.0
  • Association Fee Frequency: Monthly
  • Association Name: Tortoise Island HOA
  • Phone: 321-773-7573
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Tortoise Island HOA
  • General Property Information:Association Fee: 318.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Sauna2: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Security: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Park: Yes
  • Association Amenities:Playground: Yes
  • Association Amenities:Boat Launch: Yes
  • Association Amenities:Gated2: Yes
  • Association Amenities:Pickleball: 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: 20473.2
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2606913
  • Parcel #: 26-37-22-80-00007.0-0054.00
  • Zoning Description: PUD
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Efficient Hot Water Distribution
  • Green Energy Efficient:Water Heater: Yes

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11265.9

MLS Schools

  • Elementary School: Sea Park
  • High School: Satellite

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $11,186 $897,400 $0 $0
2022 $10,455 $871,270 $0 $0
2021 $11,055 $845,900 $0 $0
2020 $11,077 $834,230 $325,000 $509,230
2019 $12,370 $870,090 $325,000 $545,090
2018 $12,458 $852,490 $300,000 $552,490
2017 $12,004 $790,550 $275,000 $515,550
2016 $11,419 $711,250 $240,000 $471,250
2015 $11,633 $660,000 $240,000 $420,000
2014 $12,534 $735,340 $240,000 $495,340
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2025 02/22/25 For Sale $1,999,000 +257.0% $414 / Sq Ft
12/16/2013 12/16/13 Sold $560,000 -29.9% $123 / Sq Ft
10/17/2013 10/17/13 Pending -- -- --
06/17/2013 06/17/13 For Sale $799,000 -- $176 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Deed History

Date Type Sale Price Title Company
Warranty Deed $560,000 Prestige Title Brevard Llc
Warranty Deed -- Attorney
Warranty Deed $485,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 Credit Line Revolving
Previous Owner $140,000 New Conventional
Previous Owner $120,000 Credit Line Revolving
Previous Owner $431,650 No Value Available
Source: Public Records

About the Listing Agent

Jill Wallace

RE/MAX Elite

(321) 220-3702

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Jill and Athol Wallace are dedicated professionals who believe that their clients deserve to expect the best! Athol is a seasoned business professional (MBA) and Jill cut her teeth as a rookie awarded MVP of Prudential Doss Real Estate in 1993, sold for Coldwell Banker Stevens for 5 years in Northern Virginia, was a Property Specialist overseeing, guiding realtors and assessing appraisals nationally for a relocation company and since 2022, holding a license, along with Athol in Brevard County

Jill's Other Listings

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  • 2351 Shenandoah Rd NE, Palm Bay, FL 32905

    $259,900

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    GREAT PRICE...WOW! this delightful, sprawling home in a QUIET NEIGHBORHOOD has curb appeal with wide frontage & blue pagoda. All-tile home with sunny front room/living/family room with loads of windows. Ahead a small dinette area and galley kitchen. Wheel chair ramp down to 9x12 freshly painted porch. Left- 2 good-sized bedrooms and a tidy bathroom. Right -at front door, a fabulous bonus room

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  • 2684 Bradfordt Dr, Melbourne, FL 32904

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  • 903 Rosalind Place, Melbourne, FL 32904

    $399,900 Under Contract

    • 4 Beds
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    4 Bedroom 3 Bathroom in GORGEOUS WESTBROOKE with community with pool is now UNDER $400K! Wow! Just a block from A+ Schools and a skip away from basket ball, volley ball & kids park close by. A rare ONE STORY 4 BEDROOM 3 BATHROOM home with a picturesque lake view on a larger than normal lot. Come home to easy living with tile floors and brand new soft grey laminate in all bedrooms. Cool! Separate

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  • 2672 Vining St, Melbourne, FL 32904

    $364,900 Under Contract

    • 3 Beds
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    • 1,572 Sq Ft
    • 2672 Vining St
    • Melbourne, FL

    INVITE BACK-UP OFFERS! Lakefront gem in popular Westbrooke feels like you're on vacay 24/7/365! High & Dry on the subdivision's biggest lake! FOUR BRAND NEW STAILESS STEEL APPLICANCES! WOW! Such PRIVACY in this open & airy home with SPECTACULAR LAKEFRONT views. You can always change a home's interior to suite your style, BUT YOU CANNOT CHANGE YOUR LOCATION! LOCATION! LOCATION! It's the #1 reason

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  • 556 Bernardo Ave NE, Palm Bay, FL 32907

    $379,999 Under Contract

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    • 556 Bernardo Ave NE
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    OMG! A POOL HOME FOR THIS $??? I look fabulous. I have classy features like triple arches as you walk in, glorious sunburst window above the double entry doors, rounded corners & great big windows. Living room & formal dining could be study with pool view! Kitchen is open to breakfast nook & HUMONGOUS Great Room with high ceilings & elegant plantation shutters. Luxury owners suite NEW carpet and

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  • 1631 Cranfield Terrace SE, Palm Bay, FL 32909

    $425,000

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    • 1631 Cranfield Terrace SE
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    SELLER SAYS 'SELL' & WE REDUCED BY $45,000!*****Also $5K IN FLEX-BUCKS FOR BUYERS' CHOICE with reasonable offer.***Here's a gem with a resurfaced pool & HUGE yard close to Bayside Lakes with all the sexy and without an HOA! High and dry with an extended driveway great for RV. Was to be a forever home so bells and whistles were added to upgrades. Floors are tile throughout. Split bedrooms with

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  • 1208 Briarcliff Ct, Sebastian, FL 32958

    $357,950

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    PRICE REDUCTION! Enjoy Peace of Mind in the gated community of Ashbury with a pool and clubhouse. Marvel at the delightful stone-accented home on a rare and private lot on the cul-de-sac. With common area on one side giving you extra privacy, the home has a gorgeous extended screened porch - over 600 sq. ft. & is bordered by a nature preserve on one side and picturesque views of the lake on the

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  • 173 Watoga Ave SW, Palm Bay, FL 32908

    $302,500 Sold May 30, 2024

    • 3 Beds
    • 2 Baths
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    • 173 Watoga Ave SW
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    PRICED TO SELL NOW! On a quiet street off Malabar Road - close to shops and highway, just driving up to your smart home will give you immense pleasure - with its stone trim and red door. Don't you hate it when the house is smarter than you? I do ...but enjoy this great modern advantage and low electric bills thanks to roof solar panels! Easy living space with fabulous grey and white granite in

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

MLS Number: 1038019

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-22-80-00007.0-0054.00