Living in Florida's Space Coast
CORAL SEA VILLAS
Coral Sea Villas is the townhouse neighborhood in Satellite Beach where $475,000 was the median across five closed sales in the last twelve months, the association runs about $325 a month, and sellers closed at about 96 percent of original list. Built 1993 to 1994.
Coral Sea Villas In Satellite Beach, Florida
Coral Sea Villas sits in Satellite Beach, in the 32937 zip code, on Coral Sea. Over the last twelve months five of the six properties I tracked here actually closed, at a $475,000 median.
The housing stock is 6 townhouses, built 1993 to 1994. The size range runs 1,264 to 1,948 square feet, which is wide enough that the neighborhood median tells you very little about any one property. Price it off the comparable sales on that street, not the plat.
Sellers closed at about 96 percent of original list, a normal working spread for beachside Brevard. The room that exists shows up on properties that have already cut once.
The association reports at about $325 a month across 6 of the 6 listings. At that level what the fee covers and whether the reserves are funded matters more to your real monthly cost than the purchase price does.
Coral Sea Villas At A Glance
Every figure below comes from the last twelve months of Satellite Beach market data for this neighborhood. Nothing here is an estimate.
| Detail | What you get |
|---|---|
| Housing type | 6 townhouses |
| Home size range | Roughly 1,264 to 1,948 square feet, median about 1,948 |
| Bedrooms and baths | two to three bedrooms, two to three baths |
| Lot size | 0.07 to 0.07 acres, median about 0.07 |
| Year built | 1993 to 1994, median 1994 |
| Median sold price | $475,000 over the last twelve months |
| Sold price range | $355,000 to $495,000 |
| Price per square foot | About $249 median |
| HOA dues | $325 median a month, reported on 6 of 6 listings |
| Waterfront | None of the six recent listings reported water frontage |
| Private pools | None reported on the six recent listings |
| Garage | 6 of 6 listings reported a garage |
| Property tax | About $2,958 median annual, ranging widely with assessment history |
| Days on market | 28 days median, at about 96 percent of original asking price |
| Location | Satellite Beach, 32937 |
Coral Sea Villas Costs, Honestly
The line items that decide what this actually costs you, beyond the purchase price.
Insurance And Flood
Get the quote firstEvery address on this island is underwritten on its own elevation certificate, roof age and opening protection. Two properties on the same street can be thousands apart a year. I get you a real quote inside the inspection period, before the payment you are picturing becomes the payment you are stuck with.
What The Fee Actually Covers
$325 a month medianA fee is not good or bad on its own. What matters is the budget behind it, whether the reserves are funded, and what has been special assessed in the last three years. I read the budget, the reserve study and two years of minutes before you go under contract.
The Tax Bill Resets
About $2,958 median todayThat is what the current owners pay, not what you will. Florida caps annual assessment increases for homesteaded owners and the cap resets on sale, so on a property somebody has held fifteen years your first bill can land materially higher. I run the reset number before you write.
Real Negotiating Room
About 96 percent of original listA 28 day median with closings near 96 percent of the original asking price. That is a narrow gap, so the win here comes from being ready to move rather than from grinding the price.
Coral Sea Villas Features
Association On Record
A median of $325 a month across 6 of the 6 listings. I pull the budget, the reserve study and the last two years of minutes before you go under contract.
Original Era Housing
Median year built is 1994. Roof age, wiring and plumbing are the three things that decide both your insurance quote and your first five years of budget.
Garages Are Common
6 of the 6 listings reported a garage, which on the beachside is less common than buyers expect.
Minutes To The Ocean
The Atlantic is a short walk east and the Banana River a short walk west, with the Pineda and Eau Gallie causeways putting you on the mainland in about ten minutes.
Normal Market Time
Median days on market was 28. Nothing about the pace here forces a rushed decision.
Homes For Sale In Coral Sea Villas
Every active Coral Sea Villas listing, straight from the MLS and updated as it changes.
Coral Sea Villas Frequently Asked Questions
What do homes sell for in Coral Sea Villas?
The median closed price over the last twelve months was $475,000 across five sales, ranging $355,000 to $495,000. Median price per square foot was $249.
Does Coral Sea Villas have an HOA?
Yes. The median reported association fee is $325 a month, on 6 of the 6 listings. What it covers varies, so I read the budget, the reserve study and the assessment history before you go under contract.
How far is Coral Sea Villas from the beach?
Satellite Beach is a barrier island city, so the Atlantic is a short walk or a two minute drive from anywhere in the neighborhood. None of these properties carry water frontage on record, which is part of why the pricing sits where it does.
Can you negotiate on price in Coral Sea Villas?
Sellers closed at about 96 percent of original list over the last year. There is some room, and it tends to show up on properties that have already had a price cut. I price the offer off the specific comparable sales, not the neighborhood average.
What are property taxes like in Coral Sea Villas?
The median bill on record is about $2,958, but that is what the 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.
What is the buying process like in Coral Sea Villas?
I pull the closed comparable sales for the specific street, get a real wind and flood quote inside the inspection period, run the tax reset so the monthly payment you are picturing is the one you will actually have, and read whatever association or deed documents apply. Then we write. Call me at (321) 212-7676.
Satellite Beach, 32937
Coral Sea Villas sits in Satellite Beach, in the 32937 zip code, on Coral Sea. The city runs about three miles north to south on the barrier island, between Patrick Space Force Base and Indian Harbour Beach, and it is under a mile wide at most points.
The Atlantic is east and the Banana River is west, and neither is far from anywhere here. The Pineda Causeway at the north end and the Eau Gallie Causeway just south put you on the mainland in about ten minutes, which is why so many buyers work in Melbourne or at the base and still live on the beach.
Near Coral Sea Villas In Satellite Beach
Considering Coral Sea Villas?
If Coral Sea Villas is on your list, my partner Nichole and I are the agents to call. We work Satellite Beach every week, we know these streets, and we will tell you straight whether a property is priced right. Reach out anytime at (321) 212-7676.
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