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$1,600,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 4 Full Baths
  • 3,925 Sq. Ft.
  • Updated 4 hours ago
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Experience luxury waterfront living at 515 Lanternback Island Drive in the exclusive gated community of Tortoise Island. This beautifully appointed residence offers breathtaking water views, elegant finishes, and an effortless blend of sophistication and coastal charm. Designed for both everyday living and entertaining, the open floor plan is filled with natural light and flows seamlessly to a private outdoor oasis featuring a sparkling pool, expansive patio, and tranquil waterfront setting. The spacious primary suite provides a peaceful retreat with spa-inspired amenities, while the community offers tennis courts, a clubhouse, fitness center, playground, and private beach access. Just minutes from top-rated schools, dining, shopping, and the Atlantic Ocean, this exceptional home delivers the ultimate Florida lifestyle.

Full Property Details for 515 Lanternback Island Dr

General

  • Price: $1,600,000
  • HOA FEE: $338/month
  • Taxes: $15,831 (2025)
  • Status: Active
  • Type: Single Family
  • Source: BrevardCounty
  • MLS ID: 1082127
  • Updated: 7/9/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: Breakfast Bar, Eat-in Kitchen, His and Hers Closets, Kitchen Island, Split Bedrooms
  • Fireplace: Yes
  • Fireplace(s): Other
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Carpet, Tile, Wood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Shared Amenities: Boat Dock, Clubhouse, Fitness Center, Management - Full Time, Playground, Tennis Court(s), Management - On Site
  • Pool: Yes
  • Pool Description: In Ground

Exterior

  • Exterior Features: Boat Lift
  • Porch/Patio/Deck: Porch, Screened

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 3
  • Parking Features: Attached, Garage

Location

  • Area: 381 - N Satellite Beach
  • County: Brevard
  • Subdivision: Tortoise Island Ph 3 Unit 2 PUD
  • Driving Directions: South Patrick Drive turn into entrance of Torotise Island. After guard gate, go over draw bridge, right on Hawksbill, left on Lanternback. House is second house on left
  • Direction Faces: West

School Information

  • Elementary School: Sea Park
  • Middle School: DeLaura
  • High School: Satellite

Community

  • Community Features: Boat Dock, Clubhouse, Fitness Center, Management - Full Time, Playground, Tennis Court(s), Management - On Site
  • Association: Yes
  • Assoc. Name: Tortoise Island HOA

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Available, Water Available

Structural Information

  • Exterior Const.: Block, Concrete, Frame, Stucco
  • Stories/Levels: 1
  • Square Feet: 3,925
  • Living Area: 3,925 Sq. Ft.
  • Current Bldg. Use: Residential, Single Family
  • Year Built: 2002

Lot Features

  • Lot Size (Acres): 0.3
  • Lot Size (Sq. Ft.): 13,068
  • Lot Features: Few Trees

Water Features

  • Water Front: Yes

Financial Considerations

  • Price Per Sq. Ft.: $407.64
  • Association Fee: Yes
  • Association Fee: $338
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $15,831.9
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 26-37-27-Nf-00001.0-0002.00

Listed by Keller Williams Realty Brevard

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Listing agents

— 515 Lanternback Island Dr —

  • Keller Williams Realty Brevard

  • Keller Williams Realty Brevard

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 515 Lanternback Island Dr

School District:Brevard County School District
NameGradesDistance
Sea Park Elementary School
300 Sea Park Boulevard, Satellite Beach, FL 32937
PK-60.7 mi
Satellite Senior High School
300 Scorpion Court, Satellite Beach, FL 32937
9-121.5 mi
Delaura Middle School
300 Jackson Avenue, Satellite Beach, FL 32937
7-81.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 515 Lanternback Island Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/09/2026
Listed
$1,600,000
65.12%
MLS
5/21/2008
Sold
$969,000
—
Public Record
Get Price Alerts and Save Property
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 for 515 Lanternback Island Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,832
7%
$1,306,220
1%
2024
$14,793
—
$1,288,380
-3%
2023
$14,824
35%
$1,330,020
65%
2021
$11,020
-12%
$804,580
-30%
2022
$12,542
14%
$1,155,120
48%
2021
$11,020
-2%
$782,020
2%
2018
$11,261
1%
$766,570
5%
2017
$11,149
5%
$731,800
11%
2016
$10,603
-8%
$657,870
-18%
2019
$11,469
9%
$803,550
29%
2015
$10,494
2%
$621,920
4%
2014
$10,302
6%
$598,530
10%
2013
$9,714
—
$545,920
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Keller Williams Realty Brevard

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515 Lanternback Island Drive, Satellite Beach, FL 32937 (MLS# 1082127) is a Single Family property with 4 bedrooms and 4 full bathrooms. 515 Lanternback Island Drive is currently listed for $1,600,000 and was received on July 09, 2026. Want to learn more about 515 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.

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