When was property at 489 Lanternback Island Drive built and last sold?

The property at 489 Lanternback Island Drive was built in 1988 and last sold on Aug 21, 2023 for $950,000.

How much is this home worth?

The estimated value of the home located at 489 Lanternback Island Drive is $0.

What are some comparable homes to 489 Lanternback Island Drive?

There are currently no comparable homes to 489 Lanternback Island Drive.

South Patrick Shores

32937

Tortiose

489 Lanternback Island Drive

Sold on Aug 22, 2025

Map

$1,450,000

● House - Off Market

489 Lanternback Island Drive

Satellite Beach, FL 32937

4 Beds

3 Baths, 1 Half Bath

3,238 Ft²

$8,031

Est. Monthly

$388

HOA / Fees

1.65%

Cap Rate

About This Property

You've finally found the lifestyle you deserve! The interior on this regal, waterfront home has just recently been completely and lovingly renovated with luxury in mind as well as a clean, modern aesthetic. High end kitchen appliances, large format porcelain tile throughout the main level, an abundance of natural light, 3 car garage and a spacious, screened pool lanai are just a couple highlights. Nestled in coveted, amenity rich Tortoise Island, close to beautiful beaches and all the various employment, dining and shopping options the Melbourne area has on offer. The navigable canal right in your backyard takes you to open water via the Grand Canal for a lifetime of boating adventure memories. The home's original 5th bedroom is now a dream closet for the lady of the house, but could easily be converted back to a bedroom, if desired.

Roof replaced in 2018. Call today on this special opportunity !

Unit Size

3,238 Ft²

Days on Market

42 days

Land Size

0.32 acres

Price per sqft

$448

Property Type

House

Property Taxes

$523

HOA Dues

$388

Year Built

1988

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (Space Coast MLS #1051475)

Price History

Date / Event	Date	Event
Aug 22, 2025	Sold	Premium
Sold
Jul 14, 2025	In contract	-
In contract
Jul 9, 2025	Listed by One Sotheby's International	$1,450,000
Listed by One Sotheby's International
Aug 28, 2023	Sold	Premium
Sold
Apr 13, 2023	Listed by One Sotheby's International	$1,050,000
Listed by One Sotheby's International
Jun 25, 2004	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

With View

Building Info

Overview

General

Year Built: 1988

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: 2
Construction Type: 6
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 0
Roof Shape Type: 7
Roof Cover Type: 15
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 662
Parking Space Count: 2
Patio Type: 69
Porch Type: 126
Pool Type: 8
Location Influence Type: 75

Dimensions

Lot Size Square Feet: 13,939

Lot Size Depth Feet: 1,400
Lot Size Frontage Feet: 1,000
Total Building Area: 3,812
Gross Building Area: 3,812
Building Area: 2,966
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 2,966
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: TORTOISE ISLAND PH 3 UNIT 2 P.U.D.
Land Acres: 0000000320
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: TORTOISE ISLAND PH 3 UNIT 2 P.U.D. LOT 2 BLK 2

Neighborhood

School District Name: Brevard County School District

Census Tract: 066900

Zoning

Zoning: PUD

Geography

Assessors Map Reference: 253

Account Number: 2609022
Subdivision Phase Number: 3
Parcel: 26-37-27-NF-00002.0-0002.00
Block: 2
Lot: 2
Meridian: SEC 27 TWN 26S RNG 37E
Municipality: UNINCORP DISTRICT 4
Latitude: 28.2013
Longitude: -80.615

Address

Full Address: 489 Lanternback Island Dr

Legal Unit: 2
Address - House Number: 489
Address - Street Name: Lanternback Island
Address - Suffix Type: Dr
State: FL
City Name: Satellite Beach
Carrier Code: C028
4-Digit Zip Code: 4711
Zip Code: 32937

Valuation

Tax

Total Area: 3,405

Tax Year: 2022
Tax Amount: $586,163
Tax Rate Code Area: 4100

Appraisal Valuation

Standard Deviation: 0.2413

Valuation Date: Jan 03, 2024
Confidence Score: 66
Final Value: 965,018
High Value: 1,197,954
Low Value: 732,082

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $922,750

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $475,900

Sales

Current Sale Contract Date: Aug 21, 2023

Current Sale Recording Date: Aug 28, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 184049
Previous Sale Recording Date: Jun 25, 2004
Previous Sale Contract Date: Jun 22, 2004
Previous Sale Amount: $669,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

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:

$1,399,000

Sale Price/ft²

$387

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

Unit for rent at 37 Sunset Street, Satellite Beach, FL, 32937

$3,000 /mo

4 Beds
2 Baths
1,840 ft²

37 Sunset Street, Satellite Beach, FL, 32937 Listing by Mary Ellen Troilo

Unit for rent at 44 Sorrento Court, Satellite Beach, FL, 32937

$2,800 /mo

3 Beds
2 Baths
1,746 ft²

44 Sorrento Court, Satellite Beach, FL, 32937 Listing by One Call MGMT

Unit for rent at 310 Lee Avenue, Satellite Beach, FL, 32937

$2,900 /mo

4 Beds
2 Baths
1,471 ft²

310 Lee Avenue, Satellite Beach, FL, 32937 Listing by Sandra Tavara

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: David Settgast, One Sotheby's International
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 1051475

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.