Living in Florida's Space Coast
THE FOUNTAINS
The Fountains is the single-family neighborhood in Satellite Beach where $807,500 was the median across eight closed sales in the last twelve months, seven of nine properties front a canal, and the association runs about $400 a month. Built 1973 to 1979.
The Fountains In Satellite Beach, Florida
The Fountains sits in Satellite Beach, in the 32937 zip code, on Barcelona, Seville, Florence and Venice. Over the last twelve months eight of the nine properties I tracked here actually closed, at a $807,500 median.
The housing stock is 9 single-family homes, built 1973 to 1979. Sizes are consistent enough that the comparable sales here read cleanly.
Sellers closed at about 88 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.
seven of the nine properties front a canal, 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.
The Fountains 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 | 9 single-family homes, mostly one story |
| Home size range | Roughly 2,003 to 2,749 square feet, median about 2,320 |
| Bedrooms and baths | three to five bedrooms, two to three baths |
| Lot size | 0.24 to 0.31 acres, median about 0.25 |
| Year built | 1973 to 1979, median 1974 |
| Median sold price | $807,500 over the last twelve months |
| Sold price range | $670,000 to $1,050,000 |
| Price per square foot | About $388 median |
| HOA dues | $400 median a month, reported on 3 of 9 listings |
| Waterfront | 7 of 9, on a canal |
| Private pools | 9 of 9 |
| Garage | 9 of 9 listings reported a garage |
| Property tax | About $7,549 median annual, ranging widely with assessment history |
| Days on market | 64 days median, at about 88 percent of original asking price |
| Location | Satellite Beach, 32937 |
The Fountains 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 $7,549 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 88 percent of original listA 64 day median with closings near 88 percent of the original asking price. That is a genuine gap and it is where a prepared buyer makes money.
The Fountains Features
Waterfront Available
7 of the 9 properties front a canal. 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 $400 a month across 3 of the 9 listings. I pull the budget, the reserve study and the last two years of minutes before you go under contract.
Pools Are Standard
9 of the last 9 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
8 of the 9 listings reporting stories were one level, typical of when this was platted.
Original Era Housing
Median year built is 1974. 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
9 of the 9 listings reported a garage, which on the beachside is less common than buyers expect.
Homes For Sale Near The Fountains
Nothing is listed inside The Fountains at this moment, which happens in a neighborhood this size. Below is every active Satellite Beach listing between $475,000 and $1,300,000, the band The Fountains actually trades in. Call me at (321) 212-7676 and I will tell you the day something lists on these streets.
The Fountains Frequently Asked Questions
What do homes sell for in The Fountains?
The median closed price over the last twelve months was $807,500 across eight sales, ranging $670,000 to $1,050,000. Median price per square foot was $388.
Does The Fountains have an HOA?
Yes. The median reported association fee is $400 a month, on 3 of the 9 listings. What it covers varies, so I read the budget, the reserve study and the assessment history before you go under contract.
Is The Fountains waterfront?
7 of the 9 properties front a canal. 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 The Fountains?
Sellers closed at about 88 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 The Fountains?
Yes. 9 of the 9 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 The Fountains?
The median bill on record is about $7,549, 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 The Fountains?
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
The Fountains sits in Satellite Beach, in the 32937 zip code, on Barcelona, Seville, Florence and Venice. 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 The Fountains In Satellite Beach
Considering The Fountains?
If The Fountains 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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