Living in Florida's Space Coast
MONTECITO
Montecito is in Satellite Beach, Florida. Homes here run 1,203 to 4,005 square feet. Built 2006 to 2021. Here is how the neighborhood is laid out and what is on the market right now.
Montecito In Satellite Beach, Florida
Montecito sits in Satellite Beach, in the 32937 zip code, on Montecito, Redondo, Carlsbad and Point Lobos. Over the last twelve months 41 of the 56 properties I tracked here actually closed, at a $525,000 median.
The housing stock is 35 townhouses and 21 single-family homes, built 2006 to 2021. The size range runs 1,203 to 4,005 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.
13 of the 56 properties are waterfront. That single line is the biggest split inside Montecito, and a waterfront property and an interior one on the same street should never be priced off each other.
Montecito 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 | 35 townhouses and 21 single-family homes |
| Home size range | Roughly 1,203 to 4,005 square feet, median about 2,126 |
| Bedrooms and baths | two to five bedrooms, two to four baths |
| Lot size | 0.06 to 0.16 acres, median about 0.07 |
| Year built | 2006 to 2021, median 2013 |
| Median sold price | $525,000 over the last twelve months |
| Sold price range | $415,000 to $865,000 |
| Price per square foot | About $240 median |
| Waterfront | 13 of 56, on the water |
| Private pools | 7 of 56 |
| Garage | 56 of 56 listings reported a garage |
| Days on market | 48 days median, at about 96 percent of original asking price |
| Location | Satellite Beach, 32937 |
Montecito 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
Resets on purchaseThat 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 48 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.
Montecito Features
Waterfront Available
13 of the 56 properties front the water. 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.
Pool Homes Here
7 of the last 56 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.
A Very Wide Price Range
From $415,000 to $865,000 on the same streets, so condition and location inside the plat decide price far more than the address does.
Newer Construction
Median year built is 2013. Newer roofs and newer wiring generally quote better on insurance, which is worth real money here.
Garages Are Common
56 of the 56 listings reported a garage, which on the beachside is less common than buyers expect.
Montecito Price Range
These are the figures the public property records carry for homes in Montecito, 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.
Homes For Sale In Montecito
Every active Montecito listing, straight from the MLS and updated as it changes.
Montecito Frequently Asked Questions
What do homes sell for in Montecito?
The median closed price over the last twelve months was $525,000 across 41 sales, ranging $415,000 to $865,000. Median price per square foot was $240.
Does Montecito 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 Montecito waterfront?
13 of the 56 properties front the water. 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 Montecito?
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.
Are there pool homes in Montecito?
Yes. 7 of the 56 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 is the buying process like in Montecito?
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
Montecito sits in Satellite Beach, in the 32937 zip code, on Montecito, Redondo, Carlsbad and Point Lobos. 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.
Considering Montecito?
Whether you are buying in Montecito 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.
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