Living in Florida's Space Coast
LANSING ISLAND
Lansing Island is the gated island community off South Patrick Drive where all sixteen properties I tracked are waterfront, fifteen of sixteen have a pool, and the median sale over the last twelve months was $2,700,000. The MLS splits the island between an Indian Harbour Beach and a Satellite Beach mailing address. It is one island, one gate and one association.
Lansing Island In Brevard County, Florida
Lansing Island sits in the 32937 zip code on Lansing Island Drive, reached through a guarded gate off South Patrick Drive. Over the last twelve months fifteen of the sixteen properties I track here actually closed, at a $2,700,000 median. One is listed today.
Every property is a single-family home built between 1992 and 2020, median year 2003, ranging 3,937 to 9,353 square feet on lots of 0.69 to 1.19 acres. This is the largest housing stock, on the largest lots, of any neighborhood on the Brevard beachside.
Sellers closed at about 89 percent of their original asking price, with a 30 day median once a property found its buyer. That is a wide gap between asking and closing, and it is the single most useful number on this page. At this price point the first list price is frequently a test, and the closings tell you where the market actually is.
All sixteen properties front water. Six are on the Banana River, five on the Grand Canal, and five on navigable canals off it. What separates a $1,900,000 sale from a $4,900,000 sale here is which water you are on, how much frontage you have, and the condition of the seawall and dock, and none of that reads off a listing photo.
Lansing Island At A Glance
Every figure below comes from the last twelve months of Brevard County market data for Lansing Island, covering both the Indian Harbour Beach and the Satellite Beach addresses. Nothing here is an estimate.
| Detail | What you get |
|---|---|
| Housing type | 16 single-family homes, all gated, all waterfront |
| Home size range | Roughly 3,937 to 9,353 square feet, median about 5,342 |
| Bedrooms and baths | Four to seven bedrooms, four to eight baths |
| Lot size | 0.69 to 1.19 acres, median about 0.80 |
| Year built | 1992 to 2020, median 2003 |
| Median sold price | $2,700,000 over the last twelve months |
| Sold price range | $1,900,000 to $4,900,000 |
| Price per square foot | About $509 median |
| HOA dues | $597 median a month, reported on all 16 listings |
| Waterfront | 16 of 16. Six on the Banana River, five on the Grand Canal, five on navigable canals |
| Private pools | 15 of 16 |
| Garage | 16 of 16 |
| Property tax | About $28,520 median annual, ranging widely with assessment history |
| Days on market | 30 days median, at about 89 percent of original asking price |
| Mailing address | Split between Indian Harbour Beach and Satellite Beach, all in 32937 |
| Location | Lansing Island Drive, off South Patrick Drive, 32937 |
Lansing Island Costs, Honestly
The line items that decide what this actually costs you, beyond the purchase price.
The Tax Bill Resets
About $28,520 median todayThat is what current owners pay and several of them have held for years under the Save Our Homes cap. That cap resets the moment the property sells. On a $2,700,000 purchase your first bill can land tens of thousands above what the listing sheet shows. I run the reset number before you write, because at this price point it is a real monthly line item and not a rounding error.
The Seawall And The Dock
The item people forgetEvery one of these sixteen properties is on the water and most carry a dock and a lift. A seawall has a lifespan and replacing one on a wide waterfront lot is a six figure job. The association does not own that structure, you do. I get the seawall, the dock permit and the lift inspected on their own, separate from the house.
Insurance And Flood
Get the quote firstA 5,300 square foot waterfront house is underwritten on its own elevation certificate, roof age and opening protection. Two houses on Lansing Island Drive can be many thousands a year apart. I get you a real quote inside the inspection period.
Real Negotiating Room
About 89 percent of original listA 30 day median once a property finds its buyer, but closings landing near 89 percent of the original asking price. That is one of the widest asking-to-closing gaps of any neighborhood on the beachside, and it is where a prepared buyer at this level makes real money.
Lansing Island Features
Waterfront Is Standard
All sixteen properties front water. Six on the Banana River, five on the Grand Canal, five on navigable canals off it. Verify the seawall condition, the dock permit and the actual depth at low tide before you rely on a listing photo.
Guard Gated
Lansing Island is entered through a manned gate off South Patrick Drive. That is a meaningful part of what the $597 a month covers, and it is worth reading the budget to see what else it does and does not.
The Largest Homes On The Beachside
A 5,342 square foot median with the top of the range at 9,353. No other neighborhood in Satellite Beach, Indian Harbour Beach, Indialantic or Melbourne Beach comes close on size.
Acre-Scale Lots
0.69 to 1.19 acres, median 0.80. On a barrier island where a quarter acre is typical, these lots are the actual scarcity.
Pools Are Standard
Fifteen of the sixteen have a private pool. On the barrier island the pump, the heater and the screen enclosure age faster than they do inland, so those get inspected separately from the house.
Two Cities, One Island
The MLS records some Lansing Island addresses as Indian Harbour Beach and others as Satellite Beach. Same island, same gate, same association, same 32937 zip. Search either and you are looking at the same fifteen closed sales.
Homes For Sale On Lansing Island
Lansing Island turns over roughly fifteen times a year, so there is frequently nothing listed on any given day. The feed below is set to catch a Lansing Island listing the moment it appears, and until then it shows the comparable high end of Indian Harbour Beach and Satellite Beach. Call me at (321) 212-7676 and I will tell you the day something opens up behind the gate.
Lansing Island Frequently Asked Questions
What do homes sell for on Lansing Island?
The median closed price over the last twelve months was $2,700,000 across fifteen sales, ranging $1,900,000 to $4,900,000. Median price per square foot was about $509.
Is Lansing Island in Satellite Beach or Indian Harbour Beach?
Both, on paper. The MLS records some Lansing Island Drive addresses as Indian Harbour Beach and others as Satellite Beach. Physically it is one gated island in the 32937 zip code with one association and one guard gate. Eleven of the last sixteen were recorded as Indian Harbour Beach and five as Satellite Beach.
Does Lansing Island have an HOA?
Yes. The median reported fee is about $597 a month, on record for all sixteen properties. That covers the guarded gate and the common areas. I read the budget, the reserve study and the assessment history before you go under contract.
Is every home on Lansing Island waterfront?
Yes. All sixteen properties carry water frontage. Six front the Banana River, five the Grand Canal and five navigable canals off it. Which water you are on is the largest single driver of price here.
Can you negotiate on price on Lansing Island?
Sellers closed at about 89 percent of original list over the last year, one of the widest gaps on the beachside. That does not mean lowball offers get accepted. It means first asking prices at this level are often a test and the closings tell you where the market really is. I price the offer off the specific comparable sales on the island, not off an average.
How often does something come up for sale on Lansing Island?
Roughly fifteen times a year across sixteen tracked properties, so inventory is thin and irregular. Most buyers who get a house here were on a list before it hit the market. Call me at (321) 212-7676 and I will put you on it.
What are property taxes like on Lansing Island?
The median bill on record is about $28,520, but that is what current owners pay. Florida caps annual assessment increases for homesteaded owners and the cap resets when the property sells, so your first bill can be materially higher. I run the reset number before you write an offer.
Lansing Island, 32937
Lansing Island is a private island in the Banana River, reached by a single guarded causeway off South Patrick Drive between Satellite Beach and Indian Harbour Beach. Lansing Island Drive is the only street.
The Atlantic is a few minutes east across the barrier island and the Eau Gallie Causeway is a few minutes south, which puts you on the mainland and into Melbourne quickly for an address this private. Tortoise Island, the other gated island community here, sits just to the north off the same stretch of South Patrick.
Considering Lansing Island?
Lansing Island trades about fifteen times a year and the buyers who get one are usually on a list before the sign goes up. My partner Nichole and I work this island and the water around it every week, we know which docks hold depth at low tide and which seawalls are on borrowed time, and we will tell you straight whether a house is priced right. Reach out anytime at (321) 212-7676.
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