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For SaleSingle Family Home
$600K
688 Monterey Drive, Satellite Beach, FL 32937
Satellite Beach neighborhood
Subdivision: Montecito Phase 1B
3
Bedrooms
2
Bathrooms
1,712
Sq Ft
2008
Year Built
$350 /sqft

About This Property

Description from listing agent

Coastal elegance meets modern comfort in this beautifully upgraded lakefront home located in the highly sought-after gated community of Montecito! Just minutes from the beach, this move-in-ready residence showcases a stunning custom feature wall that creates an unforgettable focal point in the open-concept living space. The beautifully appointed kitchen features new stainless-steel appliances and flows seamlessly into the living and dining areas, making it perfect for entertaining. Enjoy peaceful lake and fountain views from the spacious covered lanai or unwind in the private primary suite. Thoughtful upgrades include a newer HVAC system, Tesla EV charging station, custom garage shelving for exceptional organization, and numerous designer touches throughout. Montecito offers resort-style amenities including a clubhouse, community pool, fitness center, playground, and beautifully maintained grounds. Conveniently located near top-rated schools, Patrick Space Force Base, shopping, dining.

Space Coast Context

🚀 Launch Viewing — Good Views

25.3 mi from SLC-40

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

Aerospace Commute Guide
Northrop5 mi~11 min
L3Harris7 mi~16 min
Blue Origin19.4 mi~43 min
SpaceX20.5 mi~46 min
Lockheed20.5 mi~46 min
Boeing/KSC22.5 mi~50 min
KSC23.2 mi~52 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
  • 7/10/26
    Listed
    $600K
    $350/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 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
At market value
Median comparable close price: $615,000
Typical Offer Discount
98.4% of list price
At that rate, a competitive offer ≈ $590,302
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 1 comparable sale 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
0.14 acres (6,098 sqft)
Full Baths
2
Garage
2 car (attached)
Fireplaces
1
HOA Fee
$298/mo
Days on Market
New today
MLS Area
381 - N Satellite Beach

Community & HOA

HOA

  • Name: Coastal Bay Management
  • Fee: $298 / quarterly

Schools

Elementary

Sea Park

Middle School

DeLaura

High School

Satellite

Financial & Listing Details

Listed
Jul 10, 2026
Parcel #
26-37-26-34-00000.0-0107.00
$600K

Listing Agent (for property info)

P
Pamela Ratfield
BHHS Florida Realty
512-663-2660
Call Listing Agent

Estimated Monthly Payment

$4,209/mo
Principal & interest
$3,161
Property taxes
$600
Insurance & HOA
$448

Based on a 6.90% rate, 30-year loan, and $600K price — down payment shown: $119,980.

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# 1081848

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Equal Housing Opportunity

MLS# 1081848 · Listing Broker: BHHS Florida Realty · 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.