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.
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.
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 | 37 single-family homes, mostly one story |
| Home size range | Roughly 912 to 2,213 square feet, median about 1,342 |
| Bedrooms and baths | two to five bedrooms, one to three baths |
| Lot size | 0.18 to 0.22 acres, median about 0.19 |
| Year built | 1957 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 foot | About $305 median |
| HOA dues | None. All 37 recent listings reported no association. |
| Waterfront | None of the 37 recent listings reported water frontage |
| Private pools | 15 of 37 |
| Garage | 29 of 37 listings reported a garage |
| Property tax | About $4,162 median annual, ranging widely with assessment history |
| Days on market | 42 days median, at about 92 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.
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.
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 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.
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.
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.
36 of the 37 listings reporting stories were one level, typical of when this was platted.
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.
29 of the 37 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 South Patrick Shores listing, straight from the MLS and updated as it changes.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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