Pineda Ocean Club is the condo neighborhood in Satellite Beach where $495,000 was the median across six closed sales in the last twelve months, eight of eight properties front the Atlantic, and the association runs about $575 a month. Built 1979 to 1980.
Pineda Ocean Club sits in Satellite Beach, in the 32937 zip code, on A1A. Over the last twelve months six of the eight properties I tracked here actually closed, at a $495,000 median.
The housing stock is 7 condos and 1 townhouses, built 1979 to 1980. Sizes are consistent enough that the comparable sales here read cleanly.
Sellers closed at about 95 percent of original list, a normal working spread for beachside Brevard. The room that exists shows up on properties that have already cut once.
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.
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 condos and 1 townhouses |
| Home size range | Roughly 1,462 to 1,689 square feet, median about 1,462 |
| Bedrooms and baths | two bedrooms, two to three baths |
| Lot size | 0.07 to 0.19 acres, median about 0.07 |
| Year built | 1979 to 1980, median 1980 |
| Median sold price | $495,000 over the last twelve months |
| Sold price range | $445,000 to $685,000 |
| Price per square foot | About $339 median |
| HOA dues | $575 median a month, reported on 8 of 8 listings |
| Waterfront | 8 of 8, on the Atlantic |
| Private pools | 1 of 8 |
| Garage | 4 of 8 listings reported a garage |
| Property tax | About $4,394 median annual, ranging widely with assessment history |
| Days on market | 50 days median, at about 95 percent of original asking price |
| Location | Satellite Beach, 32937 |
The line items that decide what this actually costs you, beyond the purchase price.
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.
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.
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.
A 50 day median with closings near 95 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.
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.
A median of $575 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.
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.
Median year built is 1980. Roof age, wiring and plumbing are the three things that decide both your insurance quote and your first five years of budget.
4 of the 8 listings reported a garage, which on the beachside is less common than buyers expect.
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.
Every active Pineda Ocean Club listing, straight from the MLS and updated as it changes.
The median closed price over the last twelve months was $495,000 across six sales, ranging $445,000 to $685,000. Median price per square foot was $339.
Yes. The median reported association fee is $575 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.
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.
Sellers closed at about 95 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.
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.
The median bill on record is about $4,394, 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.
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.
Pineda Ocean Club 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.
If Pineda Ocean Club 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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