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$2,000,000

Beds
6
Baths
6.0
sq ft
7,004

502 Lanternback Island Dr, Satellite Beach, FL 32937

502 Lanternback Island Dr

Satellite Beach, FL 32937

  • Pending
Magnificent direct riverfront estate home located in exclusive gated Tortoise Island community. Brand new ''tile look'' 160mph rated, 50 yr metal roof. Whole home solar power w/net $0 elec bills. Whole home generator. Whole home lighting controls. Elevator. EV charging. Electric roll down hurricane shutters. Stunning great room w/22ft ceilings & wrap around picture windows. Grand circular staircase in foyer. 5 bedrooms w/their own private bathroom. Private courtyard pool w/waterfall & fountain. Separate private office off pool. Huge garage, room for 4 cars! Private boat ramp/launch from your backyard, great for all the toys! Convenient to the I95, Viera shopping, beachside dining and just 1 mile to the ocean! Community offers clubhouse, pool, rec room, playground, boat ramp, tennis/pickleball courts & much more. Far too much to list. This is by far the most house you can buy on the river! Don't miss this opportunity. Must see.

Details

Property type

Single Family Residence

Est. home value

$2,433,088

Lot size

0.4 acres

Price per sq ft

$286

Year built

1990

Annual property taxes

$16,187.2

Monthly HOA fee

$375

Price History

09/26/2024
BrevardMLS

BrevardMLS #1022063

Pending
$2,000,000
08/13/2024
BrevardMLS

BrevardMLS #1022063

Listed
$2,000,000
-4.76%
08/11/2024
BrevardMLS

BrevardMLS #1003447

Removed
$2,100,000

Schools & Community

Neighborhood: 

South Patrick Shores

Elementary school: 

Sea Park

Middle school: 

DeLaura

High school: 

Satellite

Community features: 

Pool

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Ryan Mcgill

Loan start date

February 2024

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

Not provided

Loan type

Balloon, 1 year

Seller

Stephen W Long and Deborah M Conti

Lender

Northrop Grumman Fcu

Loan start date

April 2022

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

2.98%

Loan type

Credit Line (Revolving), 15 year

Seller

Stephen W Long and Deborah M Conti

Lender

Loandepot.Com Llc

Loan start date

May 2021

Original loan amount

$544,250

Est. remaining balance

$439,759

Interest rate

2.42%

Loan type

New Conventional, 15 year

Seller

Stephen W Long and Deborah M Conti

Lender

Firstbank

Loan start date

May 2017

Original loan amount

$424,000

Est. remaining balance

$243,184

Interest rate

3.36%

Loan type

New Conventional, 15 year

Seller

Stephen W Long and Deborah M Conti

Lender

Wells Fargo Bank Na

Loan start date

July 2010

Original loan amount

$417,000

Est. remaining balance

Not provided

Interest rate

3.62%

Loan type

New Conventional, 30 year

Seller

Stephen W Long

Lender

Wells Fargo Bank Na

Loan start date

July 2010

Original loan amount

$276,750

Est. remaining balance

Not provided

Interest rate

3.92%

Loan type

Credit Line (Revolving), 40 year

Seller

Stephen W Long

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Pending/Under Contract

Tomo last checked: 10/04/2024 at 8:45 PM

Listing updated: 09/26/2024 at 5:00 PM

Listed by: Andy Waterman, Waterman Real Estate, Inc. Phone #: (321) 215-2100

MLS: BrevardMLS #1022063

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