Living in Florida's Space Coast
MONACO CONDO
Monaco Condo is the condo building in Satellite Beach where $876,500 was the median across five closed sales in the last twelve months, five of five properties front the Atlantic, and the association runs about $912 a month. Built 1996 to 1997.
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.
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.
| Detail | What you get |
|---|---|
| Housing type | 5 condos, mostly one story |
| Home size range | Roughly 1,980 to 3,690 square feet, median about 1,980 |
| Bedrooms and baths | three to four bedrooms, two to three baths |
| Lot size | 0.06 to 0.12 acres, median about 0.06 |
| Year built | 1996 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 foot | About $400 median |
| HOA dues | $912 median a month, reported on 5 of 5 listings |
| Waterfront | 5 of 5, on the Atlantic |
| Private pools | None reported on the five recent listings |
| Garage | 5 of 5 listings reported a garage |
| Property tax | About $6,346 median annual, ranging widely with assessment history |
| Days on market | 79 days median, at about 96 percent of original asking price |
| Location | Satellite Beach, 32937 |
Monaco Condo 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.
The Seawall And The Dock
The item people forgetA 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
About $6,346 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 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.
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
A median of $912 a month across 5 of the 5 listings. 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.
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.
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. The median reported association fee is $912 a month, on 5 of the 5 listings. What it covers varies, so I read the budget, the reserve study and the assessment history 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 are property taxes like in Monaco Condo?
The median bill on record is about $6,346, 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 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.
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.
Near Monaco Condo In Satellite Beach
Considering Monaco Condo?
If Monaco Condo 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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