The median sale was $425,000 and not one property carries an association

SOUTH PATRICK SHORES

South Patrick Shores is the single-family neighborhood in Satellite Beach where $425,000 was the median across 28 closed sales in the last twelve months, not one listing reported an association, and 15 of 37 had a private pool. Built 1957 to 1961.

912 to 2,213 sq ft
Home Size
$425,000
Median Sold Price
No HOA
Association Dues
15 of 37
Pool Homes
What South Patrick Shores actually is

South Patrick Shores In Satellite Beach, Florida

South Patrick Shores sits in Satellite Beach, in the 32937 zip code, on 1st, 2nd, 3rd and Ocean. Over the last twelve months 28 of the 37 properties I tracked here actually closed, at a $425,000 median.

The housing stock is 37 single-family homes, built 1957 to 1961. The size range runs 912 to 2,213 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 92 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.

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.

The numbers, in one place

South Patrick Shores 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 type37 single-family homes, mostly one story
Home size rangeRoughly 912 to 2,213 square feet, median about 1,342
Bedrooms and bathstwo to five bedrooms, one to three baths
Lot size0.18 to 0.22 acres, median about 0.19
Year built1957 to 1961, median 1958
Median sold price$425,000 over the last twelve months
Sold price range$360,000 to $570,000
Price per square footAbout $305 median
HOA duesNone. All 37 recent listings reported no association.
WaterfrontNone of the 37 recent listings reported water frontage
Private pools15 of 37
Garage29 of 37 listings reported a garage
Property taxAbout $4,162 median annual, ranging widely with assessment history
Days on market42 days median, at about 92 percent of original asking price
LocationSatellite Beach, 32937
Where the money goes

South Patrick Shores 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.

No Reserve Fund Behind You

No association here

No 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 $4,162 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 92 percent of original list

A 42 day median with closings near 92 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.

What you are actually buying

South Patrick Shores Features

No HOA At All

All 37 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

15 of the last 37 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

36 of the 37 listings reporting stories were one level, typical of when this was platted.

Original Era Housing

Median year built is 1958. 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

29 of the 37 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.

See what is actually available

Homes For Sale In South Patrick Shores

Every active South Patrick Shores listing, straight from the MLS and updated as it changes.

Straight answers

South Patrick Shores Frequently Asked Questions

What do homes sell for in South Patrick Shores?

The median closed price over the last twelve months was $425,000 across 28 sales, ranging $360,000 to $570,000. Median price per square foot was $305.

Does South Patrick Shores have an HOA?

No. All 37 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 South Patrick Shores 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 South Patrick Shores?

Sellers closed at about 92 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.

Are there pool homes in South Patrick Shores?

Yes. 15 of the 37 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 South Patrick Shores?

The median bill on record is about $4,162, 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 South Patrick Shores?

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 South Patrick Shores sits

Satellite Beach, 32937

South Patrick Shores sits in Satellite Beach, in the 32937 zip code, on 1st, 2nd, 3rd and Ocean. 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 BeachNo HOAPool HomesSingle Family32937Under $500K
Talk to a local

Considering South Patrick Shores?

If South Patrick Shores 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.