Jamaica Shores is the single-family neighborhood in Satellite Beach where $603,600 was the median across three closed sales in the last twelve months, not one listing reported an association, and three of three had a private pool. Built 1973 to 1976.
Jamaica Shores sits in Satellite Beach, in the 32937 zip code, on Bimini and Caiman. Over the last twelve months three of the three properties I tracked here actually closed, at a $603,600 median.
The housing stock is 3 single-family homes, built 1973 to 1976. Sizes are consistent enough that the comparable sales here read cleanly.
Sellers closed at about 99 percent of original list. That is tight. An aggressive offer in Jamaica Shores 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.
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 | 3 single-family homes, mostly one story |
| Home size range | Roughly 1,661 to 1,856 square feet, median about 1,846 |
| Bedrooms and baths | three to four bedrooms, two baths |
| Lot size | 0.20 to 0.28 acres, median about 0.22 |
| Year built | 1973 to 1976, median 1973 |
| Median sold price | $603,600 over the last twelve months |
| Sold price range | $595,000 to $660,000 |
| Price per square foot | About $358 median |
| HOA dues | None. All three recent listings reported no association. |
| Waterfront | None of the three recent listings reported water frontage |
| Private pools | 3 of 3 |
| Garage | 3 of 3 listings reported a garage |
| Property tax | About $6,827 median annual, ranging widely with assessment history |
| Days on market | 16 days median, at about 99 percent of original asking price |
| Location | Satellite Beach, 32937 |
The line items that decide what this actually costs you, beyond the purchase price.
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 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.
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.
A 16 day median with closings near 99 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.
All three 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.
3 of the last 3 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.
3 of the 3 listings reporting stories were one level, typical of when this was platted.
Median year built is 1973. Roof age, wiring and plumbing are the three things that decide both your insurance quote and your first five years of budget.
3 of the 3 listings reported a garage, which on the beachside is less common than buyers expect.
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.
Nothing is listed inside Jamaica Shores at this moment, which happens in a neighborhood this size. Below is every active Satellite Beach listing between $350,000 and $975,000, the band Jamaica Shores actually trades in. Call me at (321) 212-7676 and I will tell you the day something lists on these streets.
The median closed price over the last twelve months was $603,600 across three sales, ranging $595,000 to $660,000. Median price per square foot was $358.
No. All three recent listings reported no association. Recorded deed restrictions may still apply to the plat, and I pull those for the specific parcel.
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.
Sellers closed at about 99 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.
Yes. 3 of the 3 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.
The median bill on record is about $6,827, 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.
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.
Jamaica Shores sits in Satellite Beach, in the 32937 zip code, on Bimini and Caiman. 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.
If Jamaica Shores 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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