Living in Florida's Space Coast
THE HORIZON
The Horizon is the condo building in Satellite Beach where $675,000 was the median across 13 closed sales in the last twelve months, 13 of 13 properties front the Atlantic, and the association runs about $1,010 a month. Built 1984 to 1988.
The Horizon In Satellite Beach, Florida
The Horizon sits in Satellite Beach, in the 32937 zip code, on A1A. Over the last twelve months 13 of the 13 properties I tracked here actually closed, at a $675,000 median.
The housing stock is 13 condos, built 1984 to 1988. The size range runs 1,736 to 3,604 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.
13 of the 13 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.
The Horizon 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 | 13 condos |
| Home size range | Roughly 1,736 to 3,604 square feet, median about 2,150 |
| Bedrooms and baths | three to five bedrooms, two to four baths |
| Lot size | 0.05 to 0.08 acres, median about 0.07 |
| Year built | 1984 to 1988, median 1985 |
| Median sold price | $675,000 over the last twelve months |
| Sold price range | $475,000 to $1,220,000 |
| Price per square foot | About $337 median |
| HOA dues | $1,010 median a month, reported on 13 of 13 listings |
| Waterfront | 13 of 13, on the Atlantic |
| Private pools | 4 of 13 |
| Garage | 13 of 13 listings reported a garage |
| Property tax | About $5,903 median annual, ranging widely with assessment history |
| Days on market | 39 days median, at about 92 percent of original asking price |
| Location | Satellite Beach, 32937 |
The Horizon 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 $5,903 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 92 percent of original listA 39 day median with closings near 92 percent of the original asking price. That is a genuine gap and it is where a prepared buyer makes money.
The Horizon Features
Waterfront Is Standard
13 of the 13 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.
Association On Record
A median of $1,010 a month across 13 of the 13 listings. I pull the budget, the reserve study and the last two years of minutes before you go under contract.
Pool Homes Here
4 of the last 13 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.
A Very Wide Price Range
From $475,000 to $1,220,000 on the same streets, so condition and location inside the plat decide price far more than the address does.
Original Era Housing
Median year built is 1985. 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
13 of the 13 listings reported a garage, which on the beachside is less common than buyers expect.
Homes For Sale Near The Horizon
Nothing is listed inside The Horizon at this moment, which happens in a neighborhood this size. Below is every active Satellite Beach listing between $400,000 and $1,075,000, the band The Horizon actually trades in. Call me at (321) 212-7676 and I will tell you the day something lists on these streets.
The Horizon Frequently Asked Questions
What do homes sell for in The Horizon?
The median closed price over the last twelve months was $675,000 across 13 sales, ranging $475,000 to $1,220,000. Median price per square foot was $337.
Does The Horizon have an HOA?
Yes. The median reported association fee is $1,010 a month, on 13 of the 13 listings. What it covers varies, so I read the budget, the reserve study and the assessment history before you go under contract.
Is The Horizon waterfront?
13 of the 13 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.
Can you negotiate on price in The Horizon?
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 The Horizon?
Yes. 4 of the 13 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 Horizon?
The median bill on record is about $5,903, 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 Horizon?
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 Horizon 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.
Near The Horizon In Satellite Beach
Considering The Horizon?
If The Horizon 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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