When was property at 418 Lanternback Island Drive built and last sold?

The property at 418 Lanternback Island Drive was built in 1989 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 418 Lanternback Island Drive is $1,405,400.

What are some comparable homes to 418 Lanternback Island Drive?

There are currently no comparable homes to 418 Lanternback Island Drive.

South Patrick Shores

32937

Tortiose

418 Lanternback Island Drive

Sold on Nov 3, 2025

Map

$1,350,000

● House - Off Market

418 Lanternback Island Drive

Satellite Beach, FL 32937

4 Beds

3 Baths, 1 Half Bath

3,093 Ft²

$7,720

Est. Monthly

$338

HOA / Fees

2.26%

Cap Rate

About This Property

***RARE WATERFRONT OPPORTUNITY*** - Luxury living awaits in this direct riverfront, pool home estate in the prestigious guard-gated Tortoise Island. Oversized lot with mango trees, manicured landscaping, and 100+ feet of direct water frontage on the Banana River Lagoon. Inside, soaring vaulted ceilings and radiant rooms highlight a grand first-floor layout with expansive living spaces and masterpiece water views. Enjoy sunset views from the private balcony of the secluded primary suite with dual walk-ins, spa bath, and double vanity. Chef's kitchen overlooks the water and flows to a soaring living room with fireplace. Screened patio, pool, and private dock with deep water access are perfect for boating, sailing, or stargazing. Don't miss the chance to see this rare, beautifully livable home now, or envision growing additional equity in this waterfront oasis, where lifestyle, location, and potential align under the stars of Tortoise Island.

Unit Size

3,093 Ft²

Days on Market

129 days

Land Size

0.41 acres

Price per sqft

$453

Property Type

House

Property Taxes

$507

HOA Dues

$338

Year Built

1989

Payment Calculator

Cap Rate Calculator

Last updated: 12 months ago (Space Coast MLS #1050244)

Price History

Date / Event	Date	Event
Nov 3, 2025	Sold	Premium
Sold
Oct 3, 2025	In contract	-
In contract
Sep 14, 2025	Price Decreased	$1,399,999 ↓ $50K (3.5%)
Price Decreased
Jul 25, 2025	Price Decreased	$1,450,000 ↓ $150K (9.4%)
Price Decreased
Jun 27, 2025	Listed by Keller Williams Realty Brevard	$1,600,000
Listed by Keller Williams Realty Brevard

Property Highlights

Garage

Air Conditioning

Fireplace

With View

Building Info

Overview

General

Year Built: 1989

Effective Year Built: 2005
Building Count: 1
Bedroom Count: 4
Bathroom Count: 3
Full Bathrooms: 3
Partial Bathrooms: 3
Bathroom Plumbing Fixtures: 11
Building Condition: 0
Building Quality: 1
Construction Type: 6
Building Style: 0
Exterior Walls Type: 2
Interior Walls Type: 0
Roof Shape Type: 7
Roof Cover Type: 4
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 660
Parking Space Count: 2
Patio Type: 69
Porch Type: 126
Pool Type: 8
Location Influence Type: 198

Dimensions

Lot Size Square Feet: 17,860

Lot Size Depth Feet: 1,670
Lot Size Frontage Feet: 1,070
Total Building Area: 4,615
Gross Building Area: 4,615
Building Area: 3,093
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 3,093
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: TORTOISE ISLAND PH 4 P.U.D.
Land Acres: 0000000410
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: TORTOISE ISLAND PH 4 P.U.D. LOT 5 BLK 7

Neighborhood

School District Name: Brevard County School District

Census Tract: 066900

Zoning

Zoning: PUD

Geography

Assessors Map Reference: 248

Account Number: 2606864
Subdivision Phase Number: 4
Parcel: 26-37-22-80-00007.0-0005.00
Block: 7
Lot: 5
Meridian: SEC 22 TWN 26S RNG 37E
Municipality: UNINCORP DISTRICT 4
Latitude: 28.2046
Longitude: -80.6157

Address

Full Address: 418 Lanternback Island Dr

Address - House Number: 418
Address - Street Name: Lanternback Island
Address - Suffix Type: Dr
State: FL
City Name: Satellite Beach
Carrier Code: C028
4-Digit Zip Code: 4709
Zip Code: 32937

Valuation

Tax

Total Area: 3,637

Tax Year: 2022
Tax Amount: $586,887
Tax Rate Code Area: 4100

Appraisal Valuation

Standard Deviation: 0.1809

Valuation Date: Jan 10, 2024
Confidence Score: 76
Final Value: 1,372,459
High Value: 1,620,789
Low Value: 1,124,129

Market Valuation

Market Total Value: $1,232,720

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $476,520

Exemptions

Homeowner Exemption: Yes

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Tortiose Island

Stats & Trends

Median Asking:

$1,399,500

Sale Price/ft²

$404

Below Asking

0.03%

Average Days on Market

Average Home Size

3892 ft²

Average Home Age

36.5 years

Currently For Sale

14 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$3,800 /mo

3 Beds
2 Baths
1,499 ft²

172 E Dover Street, Satellite Beach, FL, 32937 Listing by Jennifer Brown

Unit for rent at 1175 Highway A1a, Satellite Beach, FL, 32937

$4,000 /mo

2 Beds
2 Baths
1,470 ft²

1175 Highway A1a #408, Satellite Beach, FL, 32937 Listing by Sarah Rutherford

Unit for rent at 415 Aruba Court, Satellite Beach, FL, 32937

$4,000 /mo

4 Beds
2 Baths
2,034 ft²

415 Aruba Court, Satellite Beach, FL, 32937 Listing by H.J. Underill

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Sheri Taylor, Keller Williams Realty Brevard
Last Updated: 12 months ago
Data Source: Space Coast MLS, MLS# 1050244

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.