147 Lanternback Island Drive, Satellite Beach, FL 32937
Sources: Space Coast MLS (listings + 12-mo closed sales), FEMA, modeled insurance. Interpretation: Momentum Research. Data notes
As of October 1, 2026, 147 Lanternback Island Drive in Tortoise Island Ph 4 PUD, Satellite Beach is listed at $925,000 (2,853 sq ft, about $324 per sq ft). That is 27% below Tortoise Island Ph 4 PUD's median closed sale of $1,275,000 over the last 12 months (6 recorded sales). Per square foot it is below the community's recent $413/sq ft by about 22%. It came to market within the past week. Listing facts: built in 1989, a private pool, waterfront, HOA dues of $388/mo. The parcel maps to FEMA flood zone X, outside the special flood hazard area. Figures are from the MLS record and county data; deemed reliable but not guaranteed.
- No CDD assessment on record
- Built 1989 · 37 yrs
- 2,853 sq ft of living area
- 2-car garage
- Listed at $925,000 — recent neighborhood median sale price ~$1,275,000 (nearby sales; deemed reliable, not an appraisal)
- Active listing
- HOA $388/mo (per listing)
About this home
Behind the guard gate at Tortoise Island, on a quiet private lake, This home is the kind of home you can move into and simply start living in. Behind the updated finishes, this home has been well cared for so there is no project list waiting for you on the other side of closing. The roof was replaced in 2025, impact rated windows and doors run throughout and the air conditioning was replaced in 2023.
Single story and just under 2,900 square feet, the layout flows the way you actually use a home. The gathering spaces open toward the back of the property, light comes in from every side, and the kitchen was built for someone who genuinely cooks. The gas range is a rare find on the barrier island.
The back of the home is where you will spend your time. The pool is screened, heated and complete with a spa. The water past the deck is a private lake.
Mornings out here are quiet just the lake, the birds, and a covered patio that works as well for coffee at seven in the morning as it does for dinner at seven at night. Inside, four bedrooms give you room to spread outThe primary suite sits away from the traffic of the house, and the remaining bedrooms adapt easily to guests, a home office, a studio, or whatever the season of life calls for. Tortoise Island is the reason people come to this end of Satellite Beach and stay.
A guard sits at the gate with a rover circulating around the clock. There are four pickleball courts and four tennis courts, a community pool, a playground, saunas, and a clubhouse with a gym and a playroom downstairs. There is also a community boat ramp available to every resident.
If you have been waiting for the right home inside this gate, come walk it and see how the lake feels in person.
All 56 photos
Description provided by Avanti Way Realty LLC and reproduced from the MLS; not independently verified.
Every fact, sourced
Listing data, public records, our calculations, and what to verify — each fact shown once. Estimates and calculations shown are for general information only, are not appraisals or advice, and should be independently verified.
Listing facts MLS
Public records & third-party data
Calculated estimates
Buyer should verify Buyer verify
Estimated monthly payment
- Principal & interest $4,938/mo 75%
- Taxes $809/mo 12%
- Insurance $482/mo 7%
- HOA $388/mo 6%
$6,618/mo at 20% down, 30-yr @ 7.03% · edit any field to update.
Editable estimate — not a loan offer. Estimates only; see data & estimate notes.
Flood zone & elevation
Sourced environmental data for the parcel. Confirm with FEMA and your insurer.
From the FEMA National Flood Hazard Layer. In this zone lender-required flood insurance is generally not mandated; confirm for the parcel.
Approximate parcel elevation from USGS; confirm exact elevation with a survey.
Brevard County is on the Florida coast; wind coverage is a major part of the premium. Premiums and coverage vary by home (roof age, wind mitigation, claims history); obtain a quote from a licensed insurer.
Natural hazard risk
FEMA National Risk Index for Brevard County, FL: overall Relatively High. Ratings compare this county with every county in the United States for expected annual loss from each hazard.
Source: FEMA National Risk Index (county level, hazard risk ratings only). Ratings describe the county, not this parcel; the flood zone shown above is parcel-specific. Verify insurance requirements with your lender and agent.
Internet & broadband
Address-level fiber service is not confirmed for this home. Check the FCC National Broadband Map (broadbandmap.fcc.gov) or the provider for this address.
Cable broadband is common in Florida and Georgia towns but not confirmed for this address; verify with the provider.
5G home internet and satellite service depend on the exact location; check coverage for this address.
Pricing & the Tortoise Island Ph 4 Pud market
How this home is priced against recent nearby sales, and where Tortoise Island Ph 4 Pud has been over 25 years. Momentum Research analysis of Space Coast MLS records; closed sales, deemed reliable but not guaranteed. Estimates only; see data notes.
This home’s $/sq ft vs. nearby sales
List $/sq ft against recent nearby closed sales; the community median is marked.
Price vs. size in Tortoise Island Ph 4 Pud
Each dot is a closed sale since 2004 (99 total). This home is the gold marker.
Sale price (y) by living area in sq ft (x). Space Coast MLS closed sales.
Median $/sq ft by year
Community sold $/sq ft, 2012–2026. This home lists at $324/sq ft.
Median sale price by year
12-month median closed price, 2012–2026.
Market Heat by year (0–100)
Momentum Market Heat, 2013–2026. Now 32 (cold).
This home’s history
- 1989BuiltPer public record
- Aug 18, 2026First seen on movewithmomentum.comObserved at $925,000
- NowActiveCurrently for sale
Build year is from public record. The MLS list date is approximate (today minus the cumulative days on market the MLS reports, which can span relistings). Other milestones reflect movewithmomentum.com’s own observations since we began tracking this listing and are not the MLS listing history; dates and prices are deemed reliable but not guaranteed.
Price & listing history
Building permits
Comparable recent sales
6 closed sales in Tortoise Island Ph 4 PUD in the last 18 months — same property type, living area within 30% of this home. Sold prices are MLS closed-sale records, deemed reliable but not guaranteed.
Median of these 6 sales: $1,275,000 ($413/sq ft). Stronger local evidence. Shown for general reference only — not an appraisal or a statement of this home’s value.
The Messtimate
This is a deliberately dumb estimate — living area times a range of recent neighborhood $/sq ft, and nothing else. It is not an appraisal, not market value, and not a valuation of this home. Even a tight range from comparable sales can’t price a specific home — here’s why.
Stronger local evidence — 6 comparable closed sales in Tortoise Island Ph 4 PUD, closed within the last 18 months, same property type, living area within 30% of this home.
Actual list price: $925,000 — compare it against the range above. The Messtimate is a blind sqft estimate; the list price reflects this specific home.
A 32% spread on the same house — and that gap is exactly what an automated guess can't see:
- Condition & updates — a 1989 home may have had its roof, kitchen, or HVAC replaced since, or not; sq ft can't see either.
- The lot — this listing is waterfront; water frontage is priced far off a per-sq-ft average of the neighborhood.
- Outliers skew it — the band above comes from 6 nearby sales; one flip or distressed sale moves the whole $/sq ft.
- Carrying costs & concessions — this home carries HOA dues of $388/mo; with insurance and any seller-paid buydown, that changes what a buyer actually pays, and a sq ft estimate ignores all of it.
- The pool — a private pool carries cost and value that living area doesn't capture.
And here's what the live market is doing — which the number above ignores entirely:
- 4 active listings competing, 1 under contract
- 5 closed here in the last 12 months
For reference, this home is listed at $925,000 ($324/sq ft). The list price is the seller's asking price and is not derived from this range.
Selling your own home? Try the Messtimate on your address →
Methodology: 2,853 sq ft × $389–$512/sq ft (interquartile band of 6 comparable closed sales in Tortoise Island Ph 4 PUD, last 18 months; MLS closed-sale records). Estimate for general information only; not an appraisal, valuation, or offer. Updated October 1, 2026.
Momentum Property Score
80/100 is strong across the objective indicators below. It reflects only those measures — not the home’s quality, condition, or desirability.
A 0-100 score built from objective property and market data: flood risk, insurance, pricing, supply, affordability, and recent sales. Higher means more measures line up in a buyer’s favor. It reflects only the factors below.
Coverage: 7 of 8 indicators had valid data for this home; indicators without data are left out, not scored as zero. Momentum Scores are objective, rules-based indicators computed from listing facts, public records, and recent comparable sales. They do not measure property condition, quality, or investment suitability, and they are not appraisals, valuations, investment advice, or judgments about a neighborhood or who should live there. Verify independently.
The Momentum read
🟡 Asking $324 per square foot, about 22% below the community’s $413 median. Tortoise Island Ph 4 Pud’s 12-month median sold price per square foot is $413. Median sold price per square foot is down 8.7% year over year. Confidence: Low · 6 closed sales in 12 monthsMLS facts: Space Coast MLS closed sales. A per-square-foot gap is context, not an appraisal; condition, lot, and view set the final number here.
Recent Tortoise Island Ph 4 Pud sales closed near 92.4% of original asking.Why it matters: the community’s own record shows how far opening prices typically move, and how often buyers compete without financing.Momentum Research analysis of Space Coast MLS records, community-level, 12 months ending July 15, 2026. Aggregates only; deemed reliable but not guaranteed.
What’s unique here: no CDD assessment.
Jump to: About this home · Every number, sourced · Monthly cost · Flood & risk · History · FAQ
Updated October 1, 2026 · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
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Listed by Avanti Way Realty LLC · MLS # 1084875
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Similar homes for sale near Tortoise Island Ph 4 PUD
Active listings nearby at a comparable size and price. Listings held by brokerages other than Momentum Realty are marked with the listing broker. Deemed reliable but not guaranteed.
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More on Tortoise Island Ph 4 PUD
Go deeper on Tortoise Island Ph 4 PUD
See schools, amenities, builders, HOA/CDD detail, and every active & sold home in the community — the single biggest advantage of buying here over a portal.
Assigned schools
Schools currently assigned to this address in Brevard County, provided as neutral factual data. Assignments can change — confirm current zoning with the school district. This is not a statement about the home's suitability for any person or family.
Assigned schools per the MLS listing — assignments can change; confirm current zoning with the district. Browse school-zone pages →
City, county & community guides
Where this home sits, with links to the matching guides. General reference only.
Buyer research checklist
Items worth confirming for 147 Lanternback Island Drive, chosen from what the record shows. This is general guidance, not advice about this specific property.
- Built in 1989 (37 years): ask for the roof and HVAC replacement dates — insurers commonly ask for roof age on homes this old, and it changes the premium.
- HOA dues are listed at $388/mo: request the current budget, reserves, and rules before relying on that figure or on any restriction.
- FEMA flood zone X: flood insurance is not usually required, but get a quote anyway — FEMA reports roughly one in four flood claims come from outside high-risk zones.
- Get a homeowners insurance quote for this specific address in Brevard County; a wind-mitigation inspection and, on older homes, a four-point inspection can change the premium.
- Private pool: confirm the barrier or alarm meets the state residential pool safety code and ask for pump, heater, and resurfacing records.
- Waterfront: confirm seawall or dock condition and permits, and ask who owns and maintains the shoreline.
- Listed living area is 2,853 sq ft: verify it against the property appraiser's record and measure before relying on it.
- Order a survey to confirm lot boundaries and easements.
- Review permit history with the county.
- Property taxes: the estimate on this page (about $9,712/yr) assumes reassessment at the list price; the seller's current bill is not a guide Exemptions and portability change the actual bill — confirm with the county property appraiser.
- School zoning shown here comes from district data and changes; confirm the assigned schools directly with the district before relying on them.
Data sources & freshness
| Listing record | Space Coast MLS, refreshed hourly (last: October 1, 2026) |
| Comparable sales | Space Coast MLS closed sales in Tortoise Island Ph 4 PUD, last 18 months, as of July 15, 2026 |
| Flood zone & elevation | FEMA flood maps + USGS elevation (Zone X shown above) |
| Taxes & monthly cost | Typical county effective rate applied to the list price; an estimate, not a bill |
| Insurance figure | Modeled estimate; obtain a real quote before offering |
| Schools | 2025-26 district assignments; verify with the district |
Momentum Research lines are our own analysis of Space Coast MLS records; MLS data is deemed reliable but not guaranteed. Estimates are informational, not appraisals or advice. Methodology: how Momentum scores are computed.
Frequently asked questions
How big is 147 Lanternback Island Drive and when was it built?
Per the listing record, 147 Lanternback Island Drive was built in 1989 and has 2,853 sq ft of living area, 4 bedrooms and 2.0 bathrooms. Living area and lot size come from the MLS record and should be verified against the county property appraiser.
What community is 147 Lanternback Island Drive in?
147 Lanternback Island Drive is in Tortoise Island Ph 4 PUD in Satellite Beach, Brevard County. The comparable-sales section on this page shows recent closed sales nearby from the same MLS data.
Does 147 Lanternback Island Drive have an HOA, and how much are the dues?
The listing reports HOA dues of $388 per month. Dues, what they cover, and the community's rules should be confirmed from the association's current documents before relying on them.
Why might property taxes on 147 Lanternback Island Drive differ from the current owner's?
The estimate on this page (about $9,712 per year) assumes reassessment at the list price less the homestead exemption. Florida reassesses a home after it sells; for a homesteaded seller the Save Our Homes cap on their assessment does not transfer, and a buyer's own exemptions and portability are applied separately, so the two bills usually differ. Any tax figure shown here is an estimate, not the actual bill — confirm with the county property appraiser and tax collector.
Is 147 Lanternback Island Drive in a flood zone?
The FEMA flood map places this parcel in Zone X, outside the special flood hazard area, so flood insurance is not usually required by a lender. It is still available and worth quoting; confirm the parcel's status with FEMA and your insurer.
Can I rely on the figures on this page?
No. Estimated taxes, insurance, payments, and any market or comparable-sales summary are opinions and estimates for general information only and should not be relied upon. Verify all information independently before making any decision.
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Opinion & estimate — do not rely on this page. Any figure on this page that is not a verbatim fact from the listing or a public record — including estimated property taxes, insurance, CDD/HOA amounts, mortgage payments, comparable-sales summaries, and market statistics — is an opinion and estimate provided for general informational purposes only. These figures may be inaccurate or out of date, are not appraisals, valuations, or financial, legal, tax, or investment advice, and should not be relied upon. Do not make any purchase, offer, financing, or other decision based on this page. Independently verify everything — price, square footage, lot size, year built, taxes, CDD/HOA, flood status, school assignments, permits, and community rules — with the listing broker, the county, your lender, a licensed inspector, an insurer, and your own advisors before acting.
Estimate methodology. Tax estimates apply county millage to the list price (less the homestead exemption where the parcel is matched to the certified roll) and will differ from the actual assessed bill. Cost and market figures are derived from available data and simple calculations, not a professional appraisal. We make no representation that any estimate reflects fair market value.
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Listing data is deemed reliable but is not guaranteed and is subject to change or withdrawal without notice. Square footage and lot size are approximate. Real estate brokerage services provided by Momentum Realty, licensed in Florida and Georgia. © 2026 Move With Momentum LLC.