42
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$875,000
●
House -
Off Market
624 Tortoise Way
Satellite Beach, FL 32937
3 Beds
2 Baths,
1
Half Bath
3,483 Ft²
$1,347,888
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model
About This Property
72 hour kick-out clause. Welcome to your dream home in the
prestigious Tortoise Island Community of Satellite Beach.
Spectacular single-story concrete block pool home located on the
Grand Canal. Upon entering you will be greeted by the grand feeling
of the wide-open floor plan, vaulted ceilings, natural light, and
the stunning views of the pool and canal. Over 100 feet of water
frontage with a covered boat dock and 2 boat lifts. Luxurious pool
with an 8-person heated Jacuzzi surrounded by a paver lanai
equipped with a summer kitchen. Gourmet chef kitchen with granite
counter tops, stainless steel appliances, and wrap around breakfast
bar. Large master suite with custom wood flooring and room for a
sitting area to look through the two sets of glass sliders into the
backyard. Spacious master shower with two head and separate his and
hers vanities. The metal roof, hurricane rated windows, and a whole
home 11.8 KW solar power system keep the energy bills very low.
This home was made to entertain friends and family and was lovingly
cared for by its owners.
Unit Size
3,483 Ft²
Days on Market
118 days
Land Size
0.36 acres
Price per sqft
$256
Property Type
House
Property Taxes
$492
HOA Dues
$222
Year Built
1988
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (Space Coast MLS #816629)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 10, 2026 | Sold | ||
| Sold | |||
| Jun 28, 2026 | In contract | - | |
| In contract | |||
| Jun 8, 2026 | Listed by Hart To Hart Real Estate, Inc. | $1,620,000 | |
| Listed by Hart To Hart Real Estate, Inc. | |||
   | |||
|
This is a rare find in sought-after guard-gated Tortoise Island! Beautifully and tastefully updated Grand Canal pool front home offering 3483sq/ft of living, 3 bedrooms, 2.5 bathrooms, 3-car garage, concrete block home. The deep-water Grand Canal invites boating, kayaking, and beautiful views from the backyard. Soaring high ceilings, wide open floor plan with all new flooring all centered around a stunning redesigned kitchen. Not to be outdone, the large master bedroom offers views of the canal, and the updated master bathroom is unmatched. The home offers impact windows, doors, and garage doors to ensure safety and ease of living. The pool and patio deck has been extended with the addition of a new outdoor kitchen. The covered dock has a newly installed boat lift sure to please any boater. Within the gated community of Tortoise Island, residents enjoy a clubhouse, full gym, arcade-style game room, private boat ramp, eight tennis courts, pickleball, and a playground. Ideally located.
| |||
| Oct 24, 2018 | Sold | ||
| Sold | |||
| Jun 15, 2018 | Listed by Coldwell Banker Realty | $889,900 | |
| Listed by Coldwell Banker Realty | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Tortiose Island
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Listed by: Garrett Bell, Coldwell Banker Realty
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 816629
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.
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 816629
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