Not one property carries an association and the median sale went under contract in twelve days

FLAMINGO HOMES

Flamingo Homes is the single-family neighborhood in Satellite Beach where $542,000 was the median across eight closed sales in the last twelve months, not one listing reported an association, and sellers closed at about 98 percent of original list. Built 1960 to 1973.

1,539 to 2,461 sq ft
Home Size
$542,000
Median Sold Price
No HOA
Association Dues
3 of 10
Pool Homes
What Flamingo Homes actually is

Flamingo Homes In Satellite Beach, Florida

Flamingo Homes sits in Satellite Beach, in the 32937 zip code, on Magnolia, Avocado, Hedgecock and Debra. Over the last twelve months eight of the ten properties I tracked here actually closed, at a $542,000 median.

The housing stock is 10 single-family homes, built 1960 to 1973. The size range runs 1,539 to 2,461 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 98 percent of original list. That is tight. An aggressive offer in Flamingo Homes is usually how you lose the property to someone who wrote a clean one.

No association appears on any property here. No board, no dues, and no reserve fund either. The roof and the driveway are yours alone. Recorded deed restrictions may still apply, and I pull those for the specific parcel before you write.

The numbers, in one place

Flamingo Homes 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.

DetailWhat you get
Housing type10 single-family homes, mostly one story
Home size rangeRoughly 1,539 to 2,461 square feet, median about 1,728
Bedrooms and bathsthree to five bedrooms, two to three baths
Lot size0.16 to 0.23 acres, median about 0.17
Year built1960 to 1973, median 1963
Median sold price$542,000 over the last twelve months
Sold price range$350,000 to $675,000
Price per square footAbout $297 median
HOA duesNone. All ten recent listings reported no association.
WaterfrontNone of the ten recent listings reported water frontage
Private pools3 of 10
Garage10 of 10 listings reported a garage
Property taxAbout $6,523 median annual, ranging widely with assessment history
Days on market12 days median, at about 98 percent of original asking price
LocationSatellite Beach, 32937
Where the money goes

Flamingo Homes Costs, Honestly

The line items that decide what this actually costs you, beyond the purchase price.

Insurance And Flood

Get the quote first

Every 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.

No Reserve Fund Behind You

No association here

No dues is a real advantage until the roof goes. There is no shared reserve on these streets, so the roof, the driveway, the AC and the fence are funded by you on your own timeline. That is a fair trade, but it should be a budgeted one.

The Tax Bill Resets

About $6,523 median today

That 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 98 percent of original list

A 12 day median with closings near 98 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.

What you are actually buying

Flamingo Homes Features

No HOA At All

All ten recent listings reported no association. Nothing governs the paint color, the boat in the driveway or the fence line except the recorded deed restrictions on that plat.

Pool Homes Here

3 of the last 10 had 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.

Mostly Single Story

9 of the 9 listings reporting stories were one level, typical of when this was platted.

Original Era Housing

Median year built is 1963. 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

10 of the 10 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.

See what is actually available

Homes For Sale Near Flamingo Homes

Nothing is listed inside Flamingo Homes at this moment, which happens in a neighborhood this size. Below is every active Satellite Beach listing between $325,000 and $875,000, the band Flamingo Homes actually trades in. Call me at (321) 212-7676 and I will tell you the day something lists on these streets.

Straight answers

Flamingo Homes Frequently Asked Questions

What do homes sell for in Flamingo Homes?

The median closed price over the last twelve months was $542,000 across eight sales, ranging $350,000 to $675,000. Median price per square foot was $297.

Does Flamingo Homes have an HOA?

No. All ten recent listings reported no association. Recorded deed restrictions may still apply to the plat, and I pull those for the specific parcel.

How far is Flamingo Homes 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 Flamingo Homes?

Sellers closed at about 98 percent of original list over the last year. That is tight, and an aggressive offer usually costs you the property. I price the offer off the specific comparable sales, not the neighborhood average.

Are there pool homes in Flamingo Homes?

Yes. 3 of the 10 properties have a private pool. On the barrier island the pump, the heater and the screen enclosure age faster than inland, so I have those inspected separately from the structure.

What are property taxes like in Flamingo Homes?

The median bill on record is about $6,523, 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 Flamingo Homes?

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.

Where Flamingo Homes sits

Satellite Beach, 32937

Flamingo Homes sits in Satellite Beach, in the 32937 zip code, on Magnolia, Avocado, Hedgecock and Debra. 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.

Satellite BeachNo HOASingle Family32937$500K Range
Talk to a local

Considering Flamingo Homes?

If Flamingo Homes 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.