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$725,000
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Property Description
PREFERRED LENDER IS OFFERING 1% BACK TO APPROVED BUYER! Don't miss this rare chance to own a spacious 5BR/3BA lakefront home in the exclusive, gated Montecito community of Satellite Beach-just minutes from the ocean! With over 4,000 sq ft, this home is packed with everything you could want: brand new LVP flooring, a chef's kitchen, formal living & dining, open-concept family room, home theater, gym, and bonus space. The luxurious upstairs primary suite features a custom closet, ensuite bath, and extra walk-in. Enjoy your private backyard oasis with a summer kitchen, hot tub, and serene lake views-plenty of room to add a pool! Montecito offers resort-style amenities including a pool, gym, clubhouse, and playground. Top-rated schools, dining, and shopping are nearby, with easy access to the Indian River, Kennedy Space Center, and Orlando Airport. This beachside gem is priced to sell-act fast!
Full Property Details
Full Property Details for 717 Palos Verde Dr
General
- Sold For: $725,000
- HOA FEE: $85/month
- HOA FEE FREQ.: Quarterly
- Taxes: $15,275 (2024)
- Status: Closed
- Type: Single Family
- Source: BrevardCounty
- MLS ID: 1042949
- Added to Site: 281 day(s) ago
Interior
- Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, His and Hers Closets, Jack and Jill Bath, Kitchen Island, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Freezer, Ice Maker, Induction Cooktop, Microwave, Refrigerator, Washer, Other
- Furnishings: Unfurnished
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Additional Information
- Shared Amenities: Clubhouse, Gated, Maintenance Grounds, Management - Full Time, Management - Off Site, Park, Playground, Pool
- Spa: Yes
- Spa Description: Above Ground, Bath, Heated, Private
- Security/Safety: Security Gate
Exterior
- Exterior Features: Balcony, Courtyard, Outdoor Kitchen, Other
- Porch/Patio/Deck: Front Porch, Patio, Rear Porch, Side Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Attached, Garage
Location
- Area: 381 - N Satellite Beach
- County: Brevard
- Subdivision: Montecito Phase 1A
- Driving Directions: From South Patrick Drive, turn East on to Tortoise Drive. Turn Right onto Mission Bay Dr. Follow the road as it turns left and becomes Montecito Dr. Turn left on to Palos Verde Dr. It is the second house on the right.
- Direction Faces: West
School Information
- Elementary School: Sea Park
- Middle School: DeLaura
- High School: Satellite
Community
- Community Features: Clubhouse, Gated, Maintenance Grounds, Management - Full Time, Management - Off Site, Park, Playground, Pool
- Association: Yes
- Assoc. Name: Montecito Phase 1A
- Assoc. Fees Include: Maintenance Grounds
- Pets Allowed: Yes
- Pet Restrictions: Breed Restrictions
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected
Structural Information
- Exterior Const.: Block, Concrete, Frame, Stucco, Wood Siding
- Roof: Tile
- Stories/Levels: 2
- Square Feet: 4,005
- Living Area: 4,005 Sq. Ft.
- Current Bldg. Use: Residential, Single Family
- Year Built: 2007
- Property Condition: Updated/Remodeled
Additional Structures
- Other Structures: Outdoor Kitchen
Lot Features
- Property View: Lake, Water
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Frontage: Private Road
- Street/Road Desc.: Asphalt
- Lot Features: Cleared
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $186.02
- Association Fee: Yes
- Association Fee: $255
- Assoc Fee Freq.: Quarterly
- Tax Amount: $15,275.22
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 26-37-26-32-00000.0-0126.00
Listed by RE/MAX Solutions
Sold by One Sotheby's International
Get Pre-Approved Today
Schools
Schools serving 717 Palos Verde 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 | 0.8 mi |
Delaura Middle School 300 Jackson Avenue, Satellite Beach, FL 32937 | 7-8 | 0.9 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 717 Palos Verde Dr
Date
Details
Price
Change
Source
7/18/2025
Sold
$725,000
-2.68%
MLS
4/24/2025
Price Reduced
$745,000
-2.61%
MLS
4/11/2025
Listed
$765,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
717 Palos Verde Drive, Satellite Beach, FL 32937 (MLS# 1042949) is a Single Family property that was sold at $725,000 on July 18, 2025. Want to learn more about 717 Palos Verde 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.

