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For SaleSingle Family Home
$525K
237 NE 1st Street, Satellite Beach, FL 32937
Satellite Beach neighborhood
Subdivision: SOUTH PATRICK SHORES 3RD SEC
3
Bedrooms
2
Bathrooms
1,152
Sq Ft
1958
Year Built
$456 /sqft

About This Property

Description from listing agent

Escape to your own tropical oasis in this charming beachside bungalow, perfectly nestled between the ocean and the river. Thoughtfully decorated with beautiful beach-inspired finishes, every space is warm, inviting, and designed to embrace Florida living. Step outside to your private backyard retreat featuring a sparkling pool, relaxing hot tub, and a fully fenced yard--perfect for entertaining, pets, or simply unwinding after a day at the beach. The functional floor plan maximizes every square foot, offering comfortable living with a seamless flow throughout the home. A one-car garage provides additional storage for all your beach gear, bikes, and paddleboards. Enjoy peace of mind with a 2019 roof and a 2020 A/C, allowing you to focus on enjoying the laid-back lifestyle this incredible location provides. Whether you're looking for a full-time residence, a vacation getaway, or an investment opportunity, this coastal gem offers the perfect blend of comfort, character, and convenience.

Space Coast Context

🚀 Launch Viewing — Good Views

24.4 mi from SLC-40

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

Aerospace Commute Guide
Northrop5.8 mi~13 min
L3Harris7.8 mi~17 min
Blue Origin18.5 mi~41 min
SpaceX19.6 mi~44 min
Lockheed19.6 mi~44 min
Boeing/KSC21.6 mi~48 min
KSC22.3 mi~50 min

Estimates only — verify with Google Maps.

Flood Risk

Zone X (500-yr) — Moderate Risk

Moderate flood risk (0.2% annual chance). Flood insurance is optional but advisable.

Estimated flood insurance: $800 – $2,500 / 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
  • 7/1/26
    Listed
    $525K
    $456/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
7.0% below market
Median comparable close price: $564,500
Typical Offer Discount
94.9% of list price
At that rate, a competitive offer ≈ $498,088
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
0.21 acres (9,148 sqft)
Full Baths
2
Garage
1 car (attached)
Pool
Yes
Days on Market
2
MLS Area
381 - N Satellite Beach

Schools

Elementary

Sea Park

Middle School

DeLaura

High School

Satellite

Financial & Listing Details

Listed
Jul 2, 2026
Parcel #
26-37-23-27-00018.0-0010.00
$525K

Listing Agent (for property info)

E
Ellie M Chan
RE/MAX Aerospace Realty
321-626-2016
Call Listing Agent

Estimated Monthly Payment

$3,441/mo
Principal & interest
$2,766
Property taxes
$525
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $525K price — down payment shown: $105,000.

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# 1081471

Interested in this property?

Equal Housing Opportunity

MLS# 1081471 · Listing Broker: RE/MAX Aerospace 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.