When was property at 696 Palos Verde Drive built and last sold?

The property at 696 Palos Verde Drive was built in 2006 and last sold on Jul 31, 2018 for $150,000.

How much is this home worth?

The estimated value of the home located at 696 Palos Verde Drive is $633,846.

What are some comparable homes to 696 Palos Verde Drive?

There are currently no comparable homes to 696 Palos Verde Drive.

Satellite Beach

32937

Montecito

696 Palos Verde Drive

Sold on May 29, 2026

101

Map

$625,000

● House - Off Market

696 Palos Verde Drive

Satellite Beach, FL 32937

3 Beds

2 Baths, 1 Half Bath

2,707 Ft²

$4,244

Est. Monthly

$367

HOA / Fees

3.06%

Cap Rate

About This Property

Discover the ultimate blend of coastal living and modern comfort in highly sought-after Montecito in Satellite Beach!

This spacious home is designed for versatility, offering 3 bedrooms PLUS 2 bonus spaces, an expansive upstairs loft and a private office off the primary suite.

Need a 4th bedroom, playroom, nursery, or dual work-from-home setup? This home flexes seamlessly to fit your lifestyle. And yes, it even comes with a Tesla charger!

The heart of the home features SOARING CEILINGS, abundant natural light, and an open-concept layout perfect for entertaining.

Beyond the home itself, Montecito residents enjoy resort-style amenities: a gated entrance, elegant clubhouse with pool and fitness center, scenic lakefront walking trails, and direct beach access just minutes away. With top rated schools, shopping, and dining nearby, this property offers the rare chance to live in one of Brevard's most exclusive beachside enclaves.

Unit Size

2,707 Ft²

Days on Market

238 days

Land Size

0.14 acres

Price per sqft

$231

Property Type

House

Property Taxes

$807

HOA Dues

$367

Year Built

2006

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (Space Coast MLS #1058674)

Price History

Date / Event	Date	Event
May 29, 2026	Sold	Premium
Sold
Jan 10, 2026	In contract	-
In contract
Nov 29, 2025	Price Decreased	$625,000 ↓ $25K (3.8%)
Price Decreased
Oct 2, 2025	Listed by Denovo Realty	$649,900
Listed by Denovo Realty
Apr 28, 2025	Listed	$689,900
Listed

	72 Hour Kick Out Nestled in the exclusive beachside Montecito community of Satellite Beach, this thoughtfully designed home provides ample space for both relaxation and entertainment. In addition to the 3 spacious bedrooms, you'll find 2 versatile bonus areas — a large upstairs loft and a dedicated office just off the primary suite. Whether you need a 4th bedroom, playroom, or dual work-from-home spaces, this home adapts effortlessly to your lifestyle. Bonus:Tesla charger!! The open-concept main living area features soaring ceilings, and tons of natural light. The upstairs loft provides additional living space, while the private office near the primary suite offers a quiet retreat or nursery option. Residents of Montecito enjoy a gated entrance, a stunning clubhouse with resort-style pool, fitness center, lakefront walking paths, and quick access to the Atlantic Ocean just minutes away. Top-rated schools, dining, and shopping are also nearb
Aug 13, 2018	No longer available	-
No longer available
Jul 31, 2018	Sold	Premium
Sold
Jun 8, 2018	Listed	$459,000
Listed

	You will be delighted with a beautiful courtyard and fountain view as you enter the formal vaulted living room of this dramatic home. A twenty-five foot family-media room is adjacent to a gourmet kitchen and another media room on the upper level accommodates the whole family. The king-sized master bedroom and sitting room with private balcony enjoys a spa-like bath.This up-scale gated community has a clubhouse with a wonderful kitchen, entertaining area, billiard table, gym, and luxurious olympic-sized pool. Family friendly and beautifully maintained this beach-side neighborhood is just what you have been looking for. A few steps to Hightower Beach Ocean Park. The manager has listed the unit size as 2707 square feet.
Dec 1, 2017	Listed by Denovo Realty	$459,000
Listed by Denovo Realty
Dec 21, 2012	Sold	Premium
Sold
Jul 9, 2012	Listed by Coldwell Banker Residential R.E. LLC	$325,000
Listed by Coldwell Banker Residential R.E. LLC

	Can close ASAP! Contract fell/Buyer unable to secure funds to close. Montecito, gated cmty of Satellite Beach w/clubhouse/cmty pool! 2-story, 3-bedroom, loft (13x12), 2.5-bath, 2-car garage, tile roof, open floor plan w/volume ceilings, wood/tile/carpet floors, formal living room w/soaring ceiling, half bath, formal dining w/butlers pantry, kitchen w/stainless steel appliances, granite countertop, breakfast area, family room, loft (13x12), master bedroom (19x14) w/11x14 office/can be 4th bedrm. '\|\|chr(10)\|\|'Addendum - when closed off from the master bedroom, & large master bath; garden tub, separate shower & dual sinks, covered balcony off the master bedroom (15x13), 2-additional bedrooms, & a hall bath. Other Features: Security system, privacy fenced courtyard (39x15) w/brick pavers. Just minutes to the beach, and Patrick Air Force Base! Available for a fast closing (within 1-3 days).

Property Highlights

Garage

Air Conditioning

With View

Building Info

Overview

General

Year Built: 2006

Effective Year Built: 2010
Building Count: 1
Bedroom Count: 3
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 0
Building Quality: 4
Construction Type: 12
Building Style: 0
Exterior Walls Type: 12
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: 418
Parking Space Count: 2
Patio Type: 5
Porch Type: 126
Pool Type: 0
Location Influence Type: 118

Dimensions

Lot Size Square Feet: 6,098

Lot Size Depth Feet: 1,200
Lot Size Frontage Feet: 500
Total Building Area: 3,589
Gross Building Area: 3,589
Building Area: 2,707
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 2,707
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: MONTECITO PHASE 1A
Land Acres: 0000000140
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: MONTECITO PHASE 1A LOT 60

Neighborhood

School District Name: Brevard County School District

Census Tract: 066800

Zoning

Zoning: PUD

Geography

Assessors Map Reference: MB 54 PG 40

Account Number: 2628986
Parcel: 26-37-26-32-00000.0-0060.00
Lot: 60
Meridian: SEC 26 TWN 26S RNG 37E
Municipality: SATELLITE BEACH
Latitude: 28.1964
Longitude: -80.604

Address

Full Address: 696 Palos Verde Dr

Address - House Number: 696
Address - Street Name: Palos Verde
Address - Suffix Type: Dr
State: FL
City Name: Satellite Beach
Carrier Code: C055
4-Digit Zip Code: 5708
Zip Code: 32937

Valuation

Tax

Total Area: 3,075

Tax Year: 2022
Tax Amount: $962,871
Initial Tax Delinquent Year: 2022
Tax Rate Code Area: 41M0

Appraisal Valuation

Standard Deviation: 0.1809

Valuation Date: Jan 03, 2024
Confidence Score: 76
Final Value: 712,150
High Value: 841,005
Low Value: 583,295

Market Valuation

Market Total Value: $474,020

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $369,770

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jul 31, 2018

Current Sale Recording Date: Jul 31, 2018
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2018171508
Previous Sale Recording Date: Jul 31, 2018
Previous Sale Contract Date: Jul 31, 2018
Previous Sale Amount: $150,000
Previous Sale Document Type: 71

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

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Comparables

About Montecito

Stats & Trends

Median Asking:

$589,900

Sale Price/ft²

$239

Below Asking

0.03%

Average Days on Market

102

Average Home Size

2149 ft²

Average Home Age

17.8 years

Currently For Sale

5 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

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$3,000 /mo

2 Beds
2 Baths
1,737 ft²

403 Highway A1a #252, Satellite Beach, FL, 32937 Listing by Kyle Dantone

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

Rentals Near You

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Listed by: Megan Ross, Denovo Realty
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 1058674

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