142 Lanternback Island Drive Satellite Beach, FL $ 1,350,000
142 Lanternback Island Drive
$ 1,350,000
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142 Lanternback Island Drive

Satellite Beach, FL, 32937
$ 1,350,000
Bedrooms4 Baths3.1 Sq 3,202

Monthly Estimate*

$ 8,422

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Single Family Home for sale in Satellite Beach, FL

for $1,350,000 with 4 bedrooms and 3 full baths, 1 half bath. This 3,202 square foot home was built in 1989 on a lot size of 0.46.

Secure your spot on the coveted Grand Canal of Tortoise Island, the premier deep-water sanctuary for serious boaters. This is not just a renovation project; it is a rare opportunity to acquire a prime waterfront footprint with a massive 4-car garage in Satellite Beach's most exclusive gated community. Situated on the widest and deepest canal in the community, this property offers unmatched dockage potential. Whether you captain a sport fisher, sailboat, or a luxury cruiser, the Grand Canal provides the draft and maneuverability you need, with direct, bridge-free access to the Banana River and the Intracoastal Waterway. Bring your General Contractor and your vision. This estate is stripped to a clean slate, offering a true ''blank canvas'' for your design. The kitchen and flooring have been removed, saving you the cost and hassle of demolition. Digital renovation photos have been added to give you inspiration. Roof is 2020 so use your funds for the fun stuff. This is your chance to install the chef's kitchen, wide-plank flooring, and spa-inspired baths you've always wanted, without paying a premium for someone else's dated taste. Beyond the water, the structure boasts a highly desirable 4-car garage , a rarity in the community and perfect for the collector, the workshop enthusiast, or the golf cart fleet. The layout features unmatched potential for open-concept living with sweeping water views. Tortoise Island is known for active, luxury living. Enjoy 24-hour staffed gated security, a clubhouse, boat ramp, large community pool, playground, and courts for tennis and pickleball. You are minutes from top-rated schools , i-95 and the beaches. Don't settle for a move-in ready home that doesn't fit your style. Build equity and design your legacy on the Grand Canal. Construction loan available.

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Single Family Active

Price

$ 1,350,000

Bedrooms

4

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 7,261

Style

Traditional

Lot Size

0.46

Year Built

1989

Town/City

Satellite Beach

County/Region

Brevard

MLS | Web ID

1063063

Features
General
Living Area 3202.0
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Metal Tile
Appliances Dryer Washer
HOA Fee 355.0
Garage Spaces 4.0
Association Fee Includes Security
Architectural Style Traditional
Pool Features In Ground Screen Enclosure
Security Features 24 Hour Security Gated with Guard
Construction Materials Concrete Stucco
Pets Allowed Yes
Year Built 1989
View Canal Pool Water
Stories Count 1
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Current Use Residential Single Family
Waterfront Features Canal Front Navigable Water River Access
Additional Parcels Description 2606910
Assoc Fee Paid Per Monthly
County Brevard
New Construction N
Property Type Residential
Association Amenities Boat Dock Boat Launch Clubhouse Fitness Center Gated Maintenance Grounds Pickleball Playground Pool Security Tennis Court(s) Management - On Site
HOA Y
Attached Garage Y
Subdivision Name Tortoise Island Ph 4 PUD
Facing Direction West
Garage Y/N Y
Total Rooms 0
Full Baths 3
Status Active
Directions From South Patrick Drive enter Tortoise Island and check in at the gate. Continue over the bridge and take the first right onto Hawksbill. Cross the second bridge then turn right onto Lanternback Isl
High School Satellite
City Satellite Beach
Body of Water Grand Canal
Association Name Tortoise Island Homeowners Association
Senior Community Y/N N
MLS Area 381 - N Satellite Beach
Lot Size Units Acres
Lot Size Square Feet 20038.0
Carport Y/N N
Spa Features In Ground
Elementary School Sea Park
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 7261.96
Home Warranty Y/N N
Middle/Junior High School DeLaura
Property Condition Fixer
Lease Renewal Y/N N
MLS Area Minor 381 - N Satellite Beach
Lease Considered Y/N N
Standard Status Active
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Interior
Interior Amenities Ceiling Fan(s) His and Hers Closets Primary Bathroom -Tub with Separate Shower Primary Downstairs Split Bedrooms Vaulted Ceiling(s) Walk-In Closet(s) Wet Bar
Flooring Tile
Furnished Y/N Unfurnished
Total Fireplaces 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 1
Laundry Features Electric Dryer Hookup In Unit Washer Hookup
Total Bedrooms 4
Entry Level 1
Total Baths 4
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Exterior
Exterior Amenities Dock Outdoor Shower
Parking Features Attached Garage
Lot Features Sprinklers In Front Sprinklers In Rear
Water Source Public
Lot Size Area 0.46
Spa N
Lot Size Acres 0.46
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 1 142
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* Excluded Features
List By
Avanti Way Realty Llc

Broker

ldsliwa@gmail.com

Email

Affordability Calculator

$9,027
Per Month
93%
7%
0%
Monthly Principal & Interest
$8,422
Monthly Property Taxes
$605
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
12/4/2025$1,350,000 Listed Price

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142 Lanternback Island Drive, Satellite Beach, FL, 32937 is a Single Family Home for sale at $1,350,000 with 3,202 sqft and a lot size of 0.46. 142 Lanternback Island Drive has 4 bedrooms, 3.1 baths, and was built in 1989. The property's zip code is 32937 which is in Satellite Beach, FL