Check Availability
$590,000
● House - In Contract

428 Penguin Drive

Satellite Beach, FL 32937
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,735 Ft²
$3,284
Est. Monthly
4.62%
Cap Rate

About This Property

SHORT SALE - 3 bed, 2 bath, pool home.  This home needs work but has strong potential with terrazzo floors throughout, newer kitchen cabinets from a prior renovation, and a screened pool with spacious deck for entertaining. Just minutes from the beach, schools, and shopping, it's an ideal investment for a remodel or flip. With updates and vision, this property can shine and offer great opportunity.
Unit Size
1,735 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$340
Property Type
House
Property Taxes
$387
HOA Dues
-
Year Built
1965

Listed By

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Last updated: 4 months ago (Space Coast MLS #1057310)

Price History

Date / Event Date Event Price
Jun 5, 2026 In contract -
In contract
Oct 23, 2025 Price Decreased $590,000
↓ $35K (5.6%)
Price Decreased
Sep 16, 2025 Listed by Triad Realty LLC $625,000
Listed by Triad Realty LLC
Jan 5, 2021 Sold
Sold
Jul 27, 2020 Listed by Triad Realty LLC $350,000
Listed by Triad Realty LLC

Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Primary Bathroom - Shower No Tub
Appliances: Gas Range
Flooring Type: Terrazzo
Laundry Features: In Garage
Exterior Details
Square Footage: 1735
Square Footage Source: $0
Property Condition: Fixer
Architectural Style: Contemporary
Year Built: 1965
Construction Materials: Concrete, Stucco
Patio and Porch Features: Rear Porch, Screened
Pool Features: In Ground, Screen Enclosure
Pool is Private
Lot Features: Few Trees
Lot Size Area: 0.2
Lot Size Units: Acres
Lot Size Acres: 0.2
Lot Size Square Feet: 8712
Water Source: Public
Financial Details
Tax Annual Amount: $4,644
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 2
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 513
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,352
  • Gross Building Area: 2,352
  • Building Area: 1,735
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,735
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERWAY ESTATES 3RD ADDN
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: WATERWAY ESTATES 3RD ADDN LOT 8

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 066900

Zoning

  • Zoning: RU-1-11

Geography

  • Assessors Map Reference: 248
  • Account Number: 2606541
  • Parcel: 26-37-22-75-00000.0-0008.00
  • Lot: 8
  • Meridian: SEC 22 TWN 26S RNG 37E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.206
  • Longitude: -80.6088

    Address

  • Full Address: 428 Penguin Dr
  • Address - House Number: 428
  • Address - Street Name: Penguin
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Satellite Beach
  • Carrier Code: C037
  • 4-Digit Zip Code: 3718
  • Zip Code: 32937

Valuation

    Tax

  • Total Area: 2,069
  • Tax Year: 2022
  • Tax Amount: $433,175
  • Tax Rate Code Area: 4100

    Appraisal Valuation

  • Standard Deviation: 0.1943
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 528,115
  • High Value: 630,766
  • Low Value: 425,464

    Market Valuation

  • Market Total Value: $364,970

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $364,970

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 30, 2020
  • Current Sale Recording Date: Jan 05, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021002050
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Waterway Estates North


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Frequently Asked Questions

When was property at 428 Penguin Drive built and last sold?
The property at 428 Penguin Drive was built in 1965 and last sold on Dec 30, 2020 for $344,000.
How much is this home worth?
The estimated value of the home located at 428 Penguin Drive is $609,192.
What are some comparable homes to 428 Penguin Drive?
There are currently no comparable homes to 428 Penguin Drive.