Active Under ContractSingle Family Residence

428 Penguin Drive, Satellite Beach, FL 32937

Satellite Beach, FL 32937 · MLS #1057310

Offered at$590,000 Save property

3Bedrooms

2Bathrooms

1,735Sq. Ft.

1965Year built

The residence

About this property

SHORT SALE - 3 bed, 2 bath, pool home. This home needs work but has strong potential with terrazzo floors throughout, newer kitchen cabinets from a prior renovation, and a screened pool with spacious deck for entertaining. Just minutes from the beach, schools, and shopping, it's an ideal investment for a remodel or flip. With updates and vision, this property can shine and offer great opportunity.

At a glance

Property details

Property type: Single Family Residence
Listing type: For sale
Status: Active Under Contract
Bedrooms: 3
Bathrooms: 2
Living area: 1,735 sq. ft.
Year built: 1965
Lot size: 8,712 sq. ft.
Subdivision: Waterway Estates 3rd Addn
County: Brevard
Original list price: $625,000
Listing date: September 16, 2025
MLS record updated: August 12, 2026
Annual property tax: $4,644 (2024)
Listing agent: Mary Ellen Troilo
Listing office: Triad Realty LLC
MLS number: 1057310

Neighborhood & location

Explore Waterway Estates 3rd Addn

SubdivisionWaterway Estates 3rd Addn

CitySatellite Beach

CountyBrevard

ZIP code32937

Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.

Property location428 Penguin Drive, Satellite Beach, FL 32937Open directions

Schools

School information

Elementary school: Sea Park
Middle school: DeLaura
High school: Satellite
School district: Brevard Public Schools

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Plan your purchase

Mortgage calculator

Estimated monthly payment$3,665

Home price $590,000Down payment (%)Interest rate (%)Loan termAnnual property taxes ($)Annual homeowners insurance ($)Monthly HOA ($)

Principal & interest: $2,983
Property taxes: $387
Homeowners insurance: $295
Estimated total: $3,665

Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.

Continue your search

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Listing courtesy of Triad Realty LLC, 321-652-7653.

Data provided by Space Coast MLS. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.