Living in Florida's Space Coast
OCEAN SPRAY ESTATES
Ocean Spray Estates is the single-family neighborhood in Satellite Beach where $522,000 was the median across six closed sales in the last twelve months, not one listing reported an association, and three of seven had a private pool. Built 1961 to 1962.
Ocean Spray Estates In Satellite Beach, Florida
Ocean Spray Estates sits in Satellite Beach, in the 32937 zip code, on Ocean Spray and Willow. Over the last twelve months six of the seven properties I tracked here actually closed, at a $522,000 median.
The housing stock is 7 single-family homes, built 1961 to 1962. Sizes are consistent enough that the comparable sales here read cleanly.
Sellers closed at about 98 percent of original list. That is tight. An aggressive offer in Ocean Spray Estates 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.
Ocean Spray Estates 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 | 7 single-family homes, mostly one story |
| Home size range | Roughly 1,377 to 1,780 square feet, median about 1,616 |
| Bedrooms and baths | three to four bedrooms, two baths |
| Lot size | 0.17 to 0.21 acres, median about 0.20 |
| Year built | 1961 to 1962, median 1961 |
| Median sold price | $522,000 over the last twelve months |
| Sold price range | $400,000 to $610,000 |
| Price per square foot | About $311 median |
| HOA dues | None. All seven recent listings reported no association. |
| Waterfront | None of the seven recent listings reported water frontage |
| Private pools | 3 of 7 |
| Garage | 7 of 7 listings reported a garage |
| Property tax | About $3,862 median annual, ranging widely with assessment history |
| Days on market | 22 days median, at about 98 percent of original asking price |
| Location | Satellite Beach, 32937 |
Ocean Spray Estates 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.
No Reserve Fund Behind You
No association hereNo 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 $3,862 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 98 percent of original listA 22 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.
Ocean Spray Estates Features
No HOA At All
All seven 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 7 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
7 of the 7 listings reporting stories were one level, typical of when this was platted.
Original Era Housing
Median year built is 1961. 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
7 of the 7 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.
Homes For Sale In Ocean Spray Estates
Every active Ocean Spray Estates listing, straight from the MLS and updated as it changes.
Ocean Spray Estates Frequently Asked Questions
What do homes sell for in Ocean Spray Estates?
The median closed price over the last twelve months was $522,000 across six sales, ranging $400,000 to $610,000. Median price per square foot was $311.
Does Ocean Spray Estates have an HOA?
No. All seven 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 Ocean Spray Estates 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 Ocean Spray Estates?
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 Ocean Spray Estates?
Yes. 3 of the 7 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 Ocean Spray Estates?
The median bill on record is about $3,862, 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 Ocean Spray Estates?
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
Ocean Spray Estates sits in Satellite Beach, in the 32937 zip code, on Ocean Spray and Willow. 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 Ocean Spray Estates In Satellite Beach
Considering Ocean Spray Estates?
If Ocean Spray Estates 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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