Every property on the water and six of ten came with a pool

THE MOORINGS

The Moorings is the single-family neighborhood in Satellite Beach where $742,500 was the median across eight closed sales in the last twelve months, nine of ten properties front a canal, and the association runs about $50 a month. Built 1967 to 2018.

1,663 to 3,078 sq ft
Home Size
$742,500
Median Sold Price
$50
Association Dues
9 of 10
Waterfront Sales
What The Moorings actually is

The Moorings In Satellite Beach, Florida

The Moorings sits in Satellite Beach, in the 32937 zip code, on Bridgetown, Port Royal, Aruba and St Georges. Over the last twelve months eight of the ten properties I tracked here actually closed, at a $742,500 median.

The housing stock is 10 single-family homes, built 1967 to 2018. The size range runs 1,663 to 3,078 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 93 percent of original list, a normal working spread for beachside Brevard. The room that exists shows up on properties that have already cut once.

nine of the ten 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 numbers, in one place

The Moorings 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 type10 single-family homes, mostly one story
Home size rangeRoughly 1,663 to 3,078 square feet, median about 2,009
Bedrooms and bathsthree to four bedrooms, two to three baths
Lot size0.18 to 0.30 acres, median about 0.20
Year built1967 to 2018, median 1970
Median sold price$742,500 over the last twelve months
Sold price range$575,000 to $1,249,000
Price per square footAbout $403 median
HOA dues$50 median a month, reported on 8 of 10 listings
Waterfront9 of 10, on a canal
Private pools6 of 10
Garage10 of 10 listings reported a garage
Property taxAbout $6,319 median annual, ranging widely with assessment history
Days on market43 days median, at about 93 percent of original asking price
LocationSatellite Beach, 32937
Where the money goes

The Moorings 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.

The Seawall And The Dock

The item people forget

A 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 $6,319 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 93 percent of original list

A 43 day median with closings near 93 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

The Moorings Features

Waterfront Is Standard

9 of the 10 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 $50 a month across 8 of the 10 listings. I pull the budget, the reserve study and the last two years of minutes before you go under contract.

Pools Are Standard

6 of the last 10 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

9 of the 10 listings reporting stories were one level, typical of when this was platted.

A Very Wide Price Range

From $575,000 to $1,249,000 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 1970. Roof age, wiring and plumbing are the three things that decide both your insurance quote and your first five years of budget.

See what is actually available

Homes For Sale Near The Moorings

Nothing is listed inside The Moorings at this moment, which happens in a neighborhood this size. Below is every active Satellite Beach listing between $450,000 and $1,200,000, the band The Moorings actually trades in. Call me at (321) 212-7676 and I will tell you the day something lists on these streets.

Straight answers

The Moorings Frequently Asked Questions

What do homes sell for in The Moorings?

The median closed price over the last twelve months was $742,500 across eight sales, ranging $575,000 to $1,249,000. Median price per square foot was $403.

Does The Moorings have an HOA?

Yes. The median reported association fee is $50 a month, on 8 of the 10 listings. What it covers varies, so I read the budget, the reserve study and the assessment history before you go under contract.

Is The Moorings waterfront?

9 of the 10 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 Moorings?

Sellers closed at about 93 percent of original list over the last year. There is some room, and it tends to show up on properties that have already had a price cut. I price the offer off the specific comparable sales, not the neighborhood average.

Are there pool homes in The Moorings?

Yes. 6 of the 10 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 Moorings?

The median bill on record is about $6,319, 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 Moorings?

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 The Moorings sits

Satellite Beach, 32937

The Moorings sits in Satellite Beach, in the 32937 zip code, on Bridgetown, Port Royal, Aruba and St Georges. 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 BeachCanal FrontPool HomesSingle Family32937$700K Plus
Talk to a local

Considering The Moorings?

If The Moorings 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.