124 Lanternback Island Drive Satellite Beach, FL $ 1,899,999
124 Lanternback Island Drive
$ 1,899,999
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124 Lanternback Island Drive

Satellite Beach, FL, 32937
$ 1,899,999
Bedrooms5 Baths4.1 Sq 4,834

Monthly Estimate*

$ 11,854

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Single Family Home for sale in Satellite Beach, FL

for $1,899,999 with 5 bedrooms and 4 full baths, 1 half bath. This 4,834 square foot home was built in 1989 on a lot size of 0.47.

Don't miss this RARE GRAND CANAL OPPORTUNITY! One of a select few homes commanding a premier position on the Grand Canal's wide open Turn Basin, offering supreme canal privacy and unmatched water views, dolphins, manatees, birdlife and fishing. Extensive shaded patio runs the full width of the home alongside the large pool with unobstructed views of canal life. An entertaining haven. Downstairs has 4 versatile open plan living areas and kitchen, all with canal views. Situated privately at one end, is a large bedroom with own entrance & bathroom opposite, perfect for guests. There is a bonus room too, ideal for office, teen hangout, TV room, gym, or 6th bedroom. Upstairs: 4 bedrooms & convenient laundry. Sweeping Owner's Suite is privately positioned at one end of the home. Primary +2 bedrooms lead to newly installed wood decks & gorgeous views! Boaters' paradise includes a covered boat dock with electric lift. Close access to main river. Don't live ON the water, Live WITH it, HERE!

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Single Family Active

Price

$ 1,899,999

Bedrooms

5

Full Bath

4

Half Bath

1

Property Type

Single Family

Taxes

$ 11,265

Style

Multi Generational,Traditional

Lot Size

0.47

Year Built

1989

Town/City

Satellite Beach

County/Region

Brevard

MLS | Web ID

1038019

Features
General
Living Area 4834.0
Sewer Public Sewer
Heating Central Electric Heat Pump
Cooling Central Air Electric Multi Units
Utilities Cable Connected Electricity Connected Sewer Connected Water Connected Propane
Possession Close Of Escrow
Roof 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
HOA Fee 318.0
Garage Spaces 2.0
Association Fee Includes Insurance Maintenance Grounds Security
Patio/Porch Features Patio Terrace
Architectural Style Multi Generational Traditional
Pool Features In Ground Other
Security Features 24 Hour Security Gated with Guard Security Gate
Construction Materials Frame Stucco
Year Built 1989
Electric 220 Volts
View Canal Other
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
Current Use Residential Single Family
Waterfront Features Canal Front Navigable Water River Access No Fixed Bridges
Additional Parcels Description 2606913
Assoc Fee Paid Per Monthly
County Brevard
New Construction N
Property Type Residential
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)
HOA Y
Attached Garage Y
Energy Efficient Water Heater
Subdivision Name Tortoise Island Ph 4 PUD
Facing Direction East
Garage Y/N Y
Green Water Conservation Efficient Hot Water Distribution
Total Rooms 10
Full Baths 4
Status Active
Directions From Pineda Causeway heading east take South Patrick turnoff and go south (right). Opposite Montecito turn west (right) into TORTOISE Island. Over bridge and first right into Hawksbill follow to T-ju
High School Satellite
City Satellite Beach
Body of Water Grand Canal
Association Name Tortoise Island HOA
Senior Community Y/N N
Zoning Description PUD
MLS Area 381 - N Satellite Beach
Lot Size Units Acres
Lot Size Square Feet 20473.2
Carport Y/N N
Elementary School Sea Park
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 11265.9
Home Warranty Y/N N
Middle/Junior High School DeLaura
Lease Renewal Y/N N
MLS Area Minor 381 - N Satellite Beach
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1038019
Standard Status Active
Legal Description TORTOISE ISLAND PH 4 P.U.D. LOT 54 BLK 7
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Interior
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 Show
Flooring Laminate Tile
Furnished Y/N Negotiable
Total Fireplaces 1
Fireplace Features Wood Burning
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 1
Laundry Features Upper Level
Total Bedrooms 5
Entry Level 1
Total Baths 5
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Exterior
Exterior Amenities Balcony Dock Fire Pit Boat Lift Impact Windows Storm Shutters
Fencing Fenced Other
Parking Features Attached Garage
Lot Features Easement Access Greenbelt Wooded
Water Source Well
Lot Size Area 0.47
Spa N
Building Area Total 6126.0
Lot Size Acres 0.47
Road Surface Type Asphalt
Waterfront Y/N Y
Road Frontage Type Private Road
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 124
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* Excluded Features
List By
Re/Max Elite

Broker

jill@jillwallace.com

Email

Affordability Calculator

$12,792
Per Month
93%
7%
0%
Monthly Principal & Interest
$11,854
Monthly Property Taxes
$939
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1362937 Elementary School
1363017 Middle School
Satellite High School High School
Pricing History
DatePricePrice ChangeDescription
10/31/2025$1,899,999 -3.55% Price Down
6/18/2025$1,970,000 -1.45% Price Down
2/22/2025$1,999,000 Listed Price

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124 Lanternback Island Drive, Satellite Beach, FL, 32937 is a Single Family Home for sale at $1,899,999 with 4,834 sqft and a lot size of 0.47. 124 Lanternback Island Drive has 5 bedrooms, 4.1 baths, and was built in 1989. The property's zip code is 32937 which is in Satellite Beach, FL