Living in Florida's Space Coast
THE OCEANS
The Oceans is the condo building in Satellite Beach where $1,325,000 was the median across two closed sales in the last twelve months, three of three properties front the Atlantic, and the association runs about $1,100 a month. Built 2005.
The Oceans In Satellite Beach, Florida
The Oceans sits in Satellite Beach, in the 32937 zip code, on A1A. Over the last twelve months two of the three properties I tracked here actually closed, at a $1,325,000 median.
The housing stock is 3 condos, built 2005. Sizes are consistent enough that the comparable sales here read cleanly.
Sellers closed at about 83 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.
three of the three 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 Oceans 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 | 3 condos |
| Home size range | Roughly 3,277 to 3,288 square feet, median about 3,288 |
| Bedrooms and baths | four bedrooms, four baths |
| Lot size | 0.08 to 0.08 acres, median about 0.08 |
| Year built | 2005, median 2005 |
| Median sold price | $1,325,000 over the last twelve months |
| Sold price range | $1,150,000 to $1,500,000 |
| Price per square foot | About $404 median |
| HOA dues | $1,100 median a month, reported on 3 of 3 listings |
| Waterfront | 3 of 3, on the Atlantic |
| Private pools | None reported on the three recent listings |
| Garage | 3 of 3 listings reported a garage |
| Property tax | About $17,452 median annual, ranging widely with assessment history |
| Days on market | 48 days median, at about 83 percent of original asking price |
| Location | Satellite Beach, 32937 |
The Oceans 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 $17,452 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 83 percent of original listA 48 day median with closings near 83 percent of the original asking price. That is a genuine gap and it is where a prepared buyer makes money.
The Oceans Features
Waterfront Is Standard
3 of the 3 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 $1,100 a month across 3 of the 3 listings. I pull the budget, the reserve study and the last two years of minutes before you go under contract.
Newer Construction
Median year built is 2005. Newer roofs and newer wiring generally quote better on insurance, which is worth real money here.
Garages Are Common
3 of the 3 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.
Normal Market Time
Median days on market was 48. Nothing about the pace here forces a rushed decision.
Homes For Sale In The Oceans
Every active The Oceans listing, straight from the MLS and updated as it changes.
The Oceans Frequently Asked Questions
What do homes sell for in The Oceans?
The median closed price over the last twelve months was $1,325,000 across two sales, ranging $1,150,000 to $1,500,000. Median price per square foot was $404.
Does The Oceans have an HOA?
Yes. The median reported association fee is $1,100 a month, on 3 of the 3 listings. What it covers varies, so I read the budget, the reserve study and the assessment history before you go under contract.
Is The Oceans waterfront?
3 of the 3 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 Oceans?
Sellers closed at about 83 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.
What are property taxes like in The Oceans?
The median bill on record is about $17,452, 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 Oceans?
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 Oceans 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 Oceans In Satellite Beach
Considering The Oceans?
If The Oceans 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.
RARE OCEANFRONT LUXURY with sunrise-to-sunset balcony living, 3 ensuite bedrooms, & a private office/flex space. Approx. $250K-$300K in renovations completed in early 202...
- 4 Beds
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- 1085649 MLS
