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For SaleTownhouse
$325K
519 Summerset Court, Indian Harbour Beach, FL 32937
Satellite Beach neighborhood
Subdivision: Lyme Bay Sec 1
3
Bedrooms
3
Bathrooms
1,679
Sq Ft
1979
Year Built
$194 /sqft

About This Property

Description from listing agent

$5K CREDIT TO BUYERS AT CLOSING! Sun-soaked and just minutes from the beach, this inviting home delivers a seamless layout designed for effortless living and a relaxed coastal rhythm. The main level unfolds from a welcoming living space into an open dining area and well-appointed kitchen, where quartz countertops, stainless appliances, a peninsula breakfast bar, and pantry closet come together in a space that feels both functional and connected. A built-in wine bar with beverage fridge adds a refined touch for entertaining, while French doors open to a lush common green, extending the living space outdoors. Upstairs, two generously sized bedrooms each offer the comfort and scale of a primary suite, complete with ample closet space. Everyday ease meets thoughtful updates, including a 2020 exterior AC unit, updated electrical panel, replaced gutters, and a newer water heater. All set within a community offering a pool and clubhouse, with the beach just moments away.

Space Coast Context

🚀 Launch Viewing — Good Views

27.5 mi from SLC-40

27.5 miles from SLC-40 — visible on clear days, especially at night.

Aerospace Commute Guide
Northrop3 mi~7 min
L3Harris4.9 mi~11 min
Blue Origin21.5 mi~48 min
Lockheed22.6 mi~50 min
SpaceX22.7 mi~51 min
Boeing/KSC24.6 mi~55 min
KSC25.3 mi~56 min

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 6/27/26
    Price change
    $325K -4.1%
    $194/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Based on 2 comparable sales in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
At market value
Median comparable close price: $330,000
Typical Offer Discount
97.1% of list price
At that rate, a competitive offer ≈ $315,655
Price Reductions
1 reduction
Originally listed at $325,000 · Cut $14,000 total
See & adjust the 2 comparable sales used

Uncheck any home you don't consider comparable — the median updates instantly.

The median is weighted: nearer sales count more than distant ones, and comps marked recent (sold in the last 90 days) count 2×. Comps farther than 3 miles are flagged — a longer distance usually means few nearby sales were available.

How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.07 acres (3,049 sqft)
Full Baths
2
Half Baths
1
HOA Fee
$170/mo
Days on Market
105
MLS Area
382-Satellite Bch/Indian Harbour Bch

Community & HOA

HOA

  • Name: Lyme Bay Townhome Association
  • Fee: $170 / monthly

Schools

Elementary

Surfside

Middle School

DeLaura

High School

Satellite

Financial & Listing Details

Listed
Apr 3, 2026
Parcel #
27-37-02-25-00000.0-0001.05
$325K

Listing Agent (for property info)

D
DeWayne Carpenter
Compass Florida, LLC
321-214-8400
Call Listing Agent

Estimated Monthly Payment

$2,357/mo
Principal & interest
$1,712
Property taxes
$325
Insurance & HOA
$320

Based on a 6.90% rate, 30-year loan, and $325K price — down payment shown: $65,000.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1073506

Interested in this property?

Equal Housing Opportunity

MLS# 1073506 · Listing Broker: Compass Florida, LLC · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.