The median sale was $405,000 and sellers gave up 10 percent off original list

SKYLINE

Skyline is the townhouse neighborhood in Satellite Beach where $405,000 was the median across five closed sales in the last twelve months, the association runs about $302 a month, and sellers closed at about 90 percent of original list. Built 1978 to 1979.

1,484 to 2,040 sq ft
Home Size
$405,000
Median Sold Price
$302
Association Dues
46 days
Median Time On Market
What Skyline actually is

Skyline In Satellite Beach, Florida

Skyline sits in Satellite Beach, in the 32937 zip code, on Skyline. Over the last twelve months five of the five properties I tracked here actually closed, at a $405,000 median.

The housing stock is 5 townhouses, built 1978 to 1979. Sizes are consistent enough that the comparable sales here read cleanly.

Sellers closed at about 90 percent of original list, one of the softer ratios on the beachside. That usually means listings started high and cut more than once, not that buyers are stealing anything.

The association reports at about $302 a month across 5 of the 5 listings. At that level what the fee covers and whether the reserves are funded matters more to your real monthly cost than the purchase price does.

The numbers, in one place

Skyline 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.

DetailWhat you get
Housing type5 townhouses
Home size rangeRoughly 1,484 to 2,040 square feet, median about 1,598
Bedrooms and bathstwo to three bedrooms, two to three baths
Lot size0.04 to 0.08 acres, median about 0.06
Year built1978 to 1979, median 1978
Median sold price$405,000 over the last twelve months
Sold price range$355,000 to $438,000
Price per square footAbout $234 median
HOA dues$302 median a month, reported on 5 of 5 listings
WaterfrontNone of the five recent listings reported water frontage
Private poolsNone reported on the five recent listings
Garage5 of 5 listings reported a garage
Property taxAbout $4,229 median annual, ranging widely with assessment history
Days on market46 days median, at about 90 percent of original asking price
LocationSatellite Beach, 32937
Where the money goes

Skyline Costs, Honestly

The line items that decide what this actually costs you, beyond the purchase price.

Insurance And Flood

Get the quote first

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.

What The Fee Actually Covers

$302 a month median

A fee is not good or bad on its own. What matters is the budget behind it, whether the reserves are funded, and what has been special assessed in the last three years. I read the budget, the reserve study and two years of minutes before you go under contract.

The Tax Bill Resets

About $4,229 median today

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.

Real Negotiating Room

About 90 percent of original list

A 46 day median with closings near 90 percent of the original asking price. That is a genuine gap and it is where a prepared buyer makes money.

What you are actually buying

Skyline Features

Association On Record

A median of $302 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.

Original Era Housing

Median year built is 1978. 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.

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.

Normal Market Time

Median days on market was 46. Nothing about the pace here forces a rushed decision.

See what is actually available

Homes For Sale Near Skyline

Nothing is listed inside Skyline at this moment, which happens in a neighborhood this size. Below is every active Satellite Beach listing between $250,000 and $650,000, the band Skyline actually trades in. Call me at (321) 212-7676 and I will tell you the day something lists on these streets.

Straight answers

Skyline Frequently Asked Questions

What do homes sell for in Skyline?

The median closed price over the last twelve months was $405,000 across five sales, ranging $355,000 to $438,000. Median price per square foot was $234.

Does Skyline have an HOA?

Yes. The median reported association fee is $302 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.

How far is Skyline 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 Skyline?

Sellers closed at about 90 percent of original list over the last year. That is softer than most of the beachside, which usually means listings started high rather than that buyers are getting bargains. I price the offer off the specific comparable sales, not the neighborhood average.

What are property taxes like in Skyline?

The median bill on record is about $4,229, 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 Skyline?

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.

Where Skyline sits

Satellite Beach, 32937

Skyline sits in Satellite Beach, in the 32937 zip code, on Skyline. 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.

Satellite BeachTownhouses32937Under $500K
Talk to a local

Considering Skyline?

If Skyline 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.