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$590,000
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Property Description
SHORT SALE - 3 bed, 2 bath, pool home. This home needs work but has strong potential with terrazzo floors throughout, newer kitchen cabinets from a prior renovation, and a screened pool with spacious deck for entertaining. Just minutes from the beach, schools, and shopping, it's an ideal investment for a remodel or flip. With updates and vision, this property can shine and offer great opportunity.
Full Property Details
Full Property Details for 428 Penguin Dr
General
- Price: $590,000
- Taxes: $4,643 (2024)
- Status: Active
- Type: Single Family
- Source: BrevardCounty
- MLS ID: 1057310
- Updated: 10/23/2025
- Added to Site: 122 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Primary Bathroom - Shower No Tub
- Appliances: Gas Range
- Furnishings: Unfurnished
- Flooring: Terrazzo
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Garage
Additional Information
- Pool: Yes
- Pool Description: In Ground, Screen Enclosure
Exterior
- Exterior Features: Courtyard
- Porch/Patio/Deck: Rear Porch, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Attached, Garage
Location
- Area: 381 - N Satellite Beach
- County: Brevard
- Subdivision: Waterway Estates 3rd Addn
- Driving Directions: From Pineda Cswy and S Patrick, go south on S Patrick to right on Skylark Blvd, turn left on Ibis Ln, turn right on Penguin Dr. House is down on the left.
- Direction Faces: North
School Information
- Elementary School: Sea Park
- Middle School: DeLaura
- High School: Satellite
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Water Connected
Structural Information
- Architectural Style: Contemporary
- Exterior Const.: Concrete, Stucco
- Roof: Shingle
- Stories/Levels: 1
- Square Feet: 1,735
- Living Area: 1,735 Sq. Ft.
- Current Bldg. Use: Residential, Single Family
- Year Built: 1965
- Property Condition: Fixer
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,712
- Lot Features: Few Trees
- Fencing (Description): Vinyl, Wood
Financial Considerations
- Price Per Sq. Ft.: $340.06
- Tax Amount: $4,643.8
- Tax Year: 2024
- Terms: Cash
Disclosures and Reports
- Special Conditions: Third Party Approval, Short Sale
- Property ID: 26-37-22-75-00000.0-0008.00
Listed by Triad Realty LLC
Get Pre-Approved Today
Schools
Schools serving 428 Penguin Dr
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Sea Park Elementary School 300 Sea Park Boulevard, Satellite Beach, FL 32937 | PK-6 | 0.4 mi |
Satellite Senior High School 300 Scorpion Court, Satellite Beach, FL 32937 | 9-12 | 1.5 mi |
Delaura Middle School 300 Jackson Avenue, Satellite Beach, FL 32937 | 7-8 | 1.7 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 428 Penguin Dr
Date
Details
Price
Change
Source
10/23/2025
Price Reduced
$590,000
-5.6%
MLS
9/16/2025
Listed
$625,000
81.69%
MLS
12/30/2020
Sold
$344,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 428 Penguin Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,027
7%
$422,740
9%
2024
$4,694
1%
$387,180
3%
2023
$4,644
9%
$375,910
30%
2021
$4,261
-2%
$288,830
-21%
2022
$4,332
2%
$364,970
190%
2021
$4,261
168%
$125,820
4%
2018
$1,590
—
$120,710
-2%
2019
$1,595
—
$123,000
4%
2017
$1,591
-1%
$118,230
2%
2016
$1,606
-2%
$115,800
1%
2015
$1,638
—
$115,000
1%
2014
$1,644
—
$114,090
1%
2013
$1,637
—
$112,410
—
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 428 Penguin Dr
428 Penguin Drive, Satellite Beach, FL 32937 (MLS# 1057310) is a Single Family property with 3 bedrooms and 2 full bathrooms. 428 Penguin Drive is currently listed for $590,000 and was received on September 16, 2025. Want to learn more about 428 Penguin 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.

