MONACO CONDO

Monaco Condo is in Satellite Beach, Florida. Homes here run 1,980 to 3,690 square feet. Built 1996 to 1997. Here is how the neighborhood is laid out and what is on the market right now.

1,980 to 3,690 sq ft
Home Size
$876,500
Median Sold Price
Yes
Association
5 of 5
Waterfront Sales
What Monaco Condo actually is

Monaco Condo In Satellite Beach, Florida

Monaco Condo sits in Satellite Beach, in the 32937 zip code, on A1A. Over the last twelve months five of the five properties I tracked here actually closed, at a $876,500 median.

The housing stock is 5 condos, built 1996 to 1997. The size range runs 1,980 to 3,690 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.

five of the five properties front the Atlantic, so water is the default here rather than the upgrade. What moves price is the condition of the seawall, the dock and the lift, and none of that shows in the photos.

The numbers, in one place

Monaco Condo 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 type5 condos, mostly one story
Home size rangeRoughly 1,980 to 3,690 square feet, median about 1,980
Bedrooms and bathsthree to four bedrooms, two to three baths
Lot size0.06 to 0.12 acres, median about 0.06
Year built1996 to 1997, median 1997
Median sold price$876,500 over the last twelve months
Sold price range$655,000 to $1,477,000
Price per square footAbout $400 median
Waterfront5 of 5, on the Atlantic
Private poolsNone reported on the five recent listings
Garage5 of 5 listings reported a garage
Days on market79 days median, at about 96 percent of original asking price
LocationSatellite Beach, 32937
Where the money goes

Monaco Condo 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.

The Seawall And The Dock

The item people forget

A seawall has a lifespan and replacing one is a five figure job. So is a dock, a lift and the electrical that runs them. On a property where the association may or may not own that structure, that question gets answered in writing before you go hard on a deposit.

The Tax Bill Resets

Resets on purchase

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 96 percent of original list

A 79 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.

What you are actually buying

Monaco Condo Features

Waterfront Is Standard

5 of the 5 properties front the Atlantic. Verify the seawall condition, the dock permit and the actual depth at low tide before you rely on a listing photo.

Association On Record

I pull the budget, the reserve study and the last two years of minutes before you go under contract.

Mostly Single Story

5 of the 5 listings reporting stories were one level, typical of when this was platted.

A Very Wide Price Range

From $655,000 to $1,477,000 on the same streets, so condition and location inside the plat decide price far more than the address does.

Original Era Housing

Median year built is 1997. 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

5 of the 5 listings reported a garage, which on the beachside is less common than buyers expect.

What it costs here

Monaco Condo Price Range

$655,000
Entry
$876,500
Typical
$1,477,000
Top
Per square footAbout $400

These are the figures the public property records carry for homes in Monaco Condo, not current asking prices, and a single address can sit outside the band for reasons a number will not show you. Call or text (321) 212-7676 and we will price the exact home you are looking at.

See what is actually available

Homes For Sale Near Monaco Condo

Nothing is listed inside Monaco Condo at this moment, which happens in a neighborhood this size. Below is every active Satellite Beach listing between $525,000 and $1,400,000, the band Monaco Condo actually trades in. Call me at (321) 212-7676 and I will tell you the day something lists on these streets.

Straight answers

Monaco Condo Frequently Asked Questions

What do homes sell for in Monaco Condo?

The median closed price over the last twelve months was $876,500 across five sales, ranging $655,000 to $1,477,000. Median price per square foot was $400.

Does Monaco Condo have an HOA?

Yes. Dues and what they cover vary by community and change over time, so I get the current figure, the budget and the reserve study straight from the association before you go under contract.

Is Monaco Condo waterfront?

5 of the 5 properties front the Atlantic. Which water it is changes the price, and on canal or river frontage the seawall, the dock permit and the low tide depth all need checking before you rely on the photos.

Can you negotiate on price in Monaco Condo?

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 is the buying process like in Monaco Condo?

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 Monaco Condo sits

Satellite Beach, 32937

Monaco Condo sits in Satellite Beach, in the 32937 zip code, on A1A. 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 BeachOceanfrontCondos32937$700K Plus
Buying or selling in Satellite Beach

Considering Monaco Condo?

Whether you are buying in Monaco Condo or thinking about selling here, work with an agent who is in these neighborhoods every week. My partner Nichole and I got your back. We will run the numbers on any address, tell you straight what it is worth, and handle the whole process from the first showing through the closing table. Call or text (321) 212-7676.