Date
Details
Price
Change
Source
12/04/2025
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/50
$1,350,000
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Property Description
Secure your spot on the coveted Grand Canal of Tortoise Island, the premier deep-water sanctuary for serious boaters. This is not just a renovation project; it is a rare opportunity to acquire a prime waterfront footprint with a massive 4-car garage in Satellite Beach's most exclusive gated community. Situated on the widest and deepest canal in the community, this property offers unmatched dockage potential. Whether you captain a sport fisher, sailboat, or a luxury cruiser, the Grand Canal provides the draft and maneuverability you need, with direct, bridge-free access to the Banana River and the Intracoastal Waterway. Bring your General Contractor and your vision. This estate is stripped to a clean slate, offering a true ''blank canvas'' for your design. The kitchen and flooring have been removed, saving you the cost and hassle of demolition. Digital renovation photos have been added to give you inspiration. Roof is 2020 so use your funds for the fun stuff. This is your chance to install the chef's kitchen, wide-plank flooring, and spa-inspired baths you've always wanted, without paying a premium for someone else's dated taste. Beyond the water, the structure boasts a highly desirable 4-car garage , a rarity in the community and perfect for the collector, the workshop enthusiast, or the golf cart fleet. The layout features unmatched potential for open-concept living with sweeping water views. Tortoise Island is known for active, luxury living. Enjoy 24-hour staffed gated security, a clubhouse, boat ramp, large community pool, playground, and courts for tennis and pickleball. You are minutes from top-rated schools , i-95 and the beaches. Don't settle for a move-in ready home that doesn't fit your style. Build equity and design your legacy on the Grand Canal. Construction loan available.
Full Property Details
Full Property Details for 142 Lanternback Island Dr
General
- Price: $1,350,000
- HOA FEE: $355/month
- Taxes: $7,261 (2025)
- Status: Active
- Type: Single Family
- Source: BrevardCounty
- MLS ID: 1063063
- Updated: 12/4/2025
- Added to Site: 43 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), His and Hers Closets, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Dryer, Washer
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
Additional Information
- Shared Amenities: Boat Dock, Boat Launch, Clubhouse, Fitness Center, Gated, Maintenance Grounds, Pickleball, Playground, Pool, Security, Tennis Court(s), Management - On Site
- Pool: Yes
- Pool Description: In Ground, Screen Enclosure
- Spa: Yes
- Spa Description: In Ground
- Security/Safety: 24 Hour Security, Gated with Guard
Exterior
- Exterior Features: Dock, Outdoor Shower
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 4
- Parking Features: Attached, Garage
Location
- Area: 381 - N Satellite Beach
- County: Brevard
- Subdivision: Tortoise Island Ph 4 PUD
- Driving Directions: From South Patrick Drive, enter Tortoise Island and check in at the gate. Continue over the bridge and take the first right onto Hawksbill. Cross the second bridge, then turn right onto Lanternback Island Drive. Follow the road as it curves to the right to stay on Lanternback. The home will be on your right.
- Direction Faces: West
School Information
- Elementary School: Sea Park
- Middle School: DeLaura
- High School: Satellite
Community
- Community Features: Boat Dock, Boat Launch, Clubhouse, Fitness Center, Gated, Maintenance Grounds, Pickleball, Playground, Pool, Security, Tennis Court(s), Management - On Site
- Association: Yes
- Assoc. Name: Tortoise Island Homeowners Association
- Assoc. Fees Include: Security
- Pets Allowed: Yes
- Pet Restrictions: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Traditional
- Exterior Const.: Concrete, Stucco
- Roof: Metal, Tile
- Stories/Levels: 1
- Square Feet: 3,202
- Living Area: 3,202 Sq. Ft.
- Current Bldg. Use: Residential, Single Family
- Year Built: 1989
- Property Condition: Fixer
Lot Features
- Property View: Canal, Pool, Water
- Lot Size (Acres): 0.46
- Lot Size (Sq. Ft.): 20,038
- Frontage: Private Road
- Street/Road Desc.: Asphalt
- Lot Features: Sprinklers In Front, Sprinklers In Rear
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Grand Canal
Financial Considerations
- Price Per Sq. Ft.: $421.61
- Association Fee: Yes
- Association Fee: $355
- Assoc Fee Freq.: Monthly
- Tax Amount: $7,261.96
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 26-37-22-80-00007.0-0051.00
Listed by Avanti Way Realty LLC
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Listing agent
— 142 Lanternback Island Dr —
Avanti Way Realty LLC
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Schools
Schools serving 142 Lanternback Island Dr
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Sea Park Elementary School 300 Sea Park Boulevard, Satellite Beach, FL 32937 | PK-6 | 0.6 mi |
Satellite Senior High School 300 Scorpion Court, Satellite Beach, FL 32937 | 9-12 | 1.7 mi |
Delaura Middle School 300 Jackson Avenue, Satellite Beach, FL 32937 | 7-8 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 142 Lanternback Island Dr
Tax History
Tax History for 142 Lanternback Island Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,248
-8%
$567,470
3%
2024
$6,822
1%
$551,480
3%
2023
$6,758
1%
$535,420
6%
2021
$6,695
5%
$504,690
-3%
2022
$6,366
-5%
$519,830
4%
2021
$6,695
—
$497,730
4%
2018
$6,684
-2%
$477,470
2%
2017
$6,795
2%
$467,650
-4%
2019
$6,644
-4%
$486,540
6%
2016
$6,950
-3%
$458,040
1%
2015
$7,201
-1%
$454,860
1%
2014
$7,267
-1%
$451,250
1%
2013
$7,356
—
$444,590
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 142 Lanternback Island Dr
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142 Lanternback Island Drive, Satellite Beach, FL 32937 (MLS# 1063063) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 142 Lanternback Island Drive is currently listed for $1,350,000 and was received on December 04, 2025. Want to learn more about 142 Lanternback Island Drive? Do you have questions about finding other Single Family real estate for sale in Satellite Beach? You can browse all Satellite Beach real estate or contact a Coldwell Banker agent to request more information.