Living in Florida's Space Coast
OCEANUS CONDO
Oceanus Condo is the condo building in Satellite Beach where $480,000 was the median across three closed sales in the last twelve months, eight of eight properties front the Atlantic, and the association runs about $620 a month. Built 1975.
Oceanus Condo In Satellite Beach, Florida
Oceanus Condo sits in Satellite Beach, in the 32937 zip code, on A1A. Over the last twelve months three of the eight properties I tracked here actually closed, at a $480,000 median.
The housing stock is 8 condos, built 1975. Sizes are consistent enough that the comparable sales here read cleanly.
Sellers closed at about 97 percent of original list. That is tight. An aggressive offer in Oceanus Condo is usually how you lose the property to someone who wrote a clean one.
eight of the eight 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.
Oceanus 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 | 8 condos |
| Home size range | Roughly 1,174 to 1,205 square feet, median about 1,190 |
| Bedrooms and baths | two bedrooms, two to three baths |
| Lot size | 0.05 to 3.40 acres, median about 0.05 |
| Year built | 1975, median 1975 |
| Median sold price | $480,000 over the last twelve months |
| Sold price range | $372,000 to $480,000 |
| Price per square foot | About $398 median |
| HOA dues | $620 median a month, reported on 8 of 8 listings |
| Waterfront | 8 of 8, on the Atlantic |
| Private pools | 1 of 8 |
| Property tax | About $4,069 median annual, ranging widely with assessment history |
| Days on market | 17 days median, at about 97 percent of original asking price |
| Location | Satellite Beach, 32937 |
Oceanus 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 $4,069 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 97 percent of original listA 17 day median with closings near 97 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.
Oceanus Condo Features
Waterfront Is Standard
8 of the 8 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 $620 a month across 8 of the 8 listings. I pull the budget, the reserve study and the last two years of minutes before you go under contract.
Pool Homes Here
1 of the last 8 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.
Original Era Housing
Median year built is 1975. Roof age, wiring and plumbing are the three things that decide both your insurance quote and your first five years of budget.
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.
Moves Fast
Median days on market was 17. Financing has to be settled before you start looking, because properties here go under contract before most buyers finish scheduling a showing.
Homes For Sale In Oceanus Condo
Every active Oceanus Condo listing, straight from the MLS and updated as it changes.
Oceanus Condo Frequently Asked Questions
What do homes sell for in Oceanus Condo?
The median closed price over the last twelve months was $480,000 across three sales, ranging $372,000 to $480,000. Median price per square foot was $398.
Does Oceanus Condo have an HOA?
Yes. The median reported association fee is $620 a month, on 8 of the 8 listings. What it covers varies, so I read the budget, the reserve study and the assessment history before you go under contract.
Is Oceanus Condo waterfront?
8 of the 8 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 Oceanus Condo?
Sellers closed at about 97 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 Oceanus Condo?
Yes. 1 of the 8 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 Oceanus Condo?
The median bill on record is about $4,069, 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 Oceanus 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
Oceanus 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 Oceanus Condo In Satellite Beach
Considering Oceanus Condo?
If Oceanus 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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