250 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 September 21, 2026, 250 Lanternback Island Drive in Tortoise Island Ph 4 PUD, Satellite Beach is listed at $1,874,000 (4,637 sq ft, about $404 per sq ft). That is 47% above Tortoise Island Ph 4 PUD's median closed sale of $1,275,000 over the last 12 months (6 recorded sales). It came to market within the past week. Listing facts: built in 1989, a private pool, waterfront, HOA dues of $355/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
- 4,637 sq ft of living area
- 2-car garage
- Listed at $1,874,000 — recent neighborhood median sale price ~$1,275,000 (nearby sales; deemed reliable, not an appraisal)
- Active listing
- HOA $355/mo (per listing)
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 $404/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 4, 2026First trackedObserved at $1,874,000
- NowActiveCurrently for sale
Build year is from public record. Listing 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.
Estimated monthly payment
- Principal & interest $9,924/mo 77%
- Taxes $1,640/mo 13%
- Insurance $977/mo 8%
- HOA $355/mo 3%
$12,896/mo at 20% down, 30-yr @ 6.95% · edit any field to update.
Editable estimate — not a loan offer. Estimates only; see data & estimate notes.
Momentum Property Score
60/100 is solid, mid-pack 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.
Momentum Scores are objective, rules-based indicators computed from listing facts, public records, and recent nearby sales. They are not appraisals, valuations, investment advice, or judgments about a neighborhood or who should live there. Verify independently.
The Momentum read
🟡 Asking $404 per square foot, about in line with 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 September 21, 2026 · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
About this home
Tucked behind the guarded gates of Tortoise Island, this extraordinary waterfront estate commands approximately 120-feet of prime frontage along a 17-foot deep dredged canal, quietly asserting itself as one of the most significant offerings the community has seen in decades. With a newly reimagined dock and a private beach style shoreline, the property offers a level of boating access, scale, and permanence that discerning buyers often wait a lifetime to secure. The residence unfolds across more than 4,600 square feet of thoughtfully curated interior space, where timeless materials meet architectural volume.
Tile flooring flows seamlessly throughout, complemented by soaring vaulted ceilings that create a sense of openness without sacrificing warmth. A private office anchors the front of the home, offering a refined workspace, while the primary living and dining areas extend naturally toward the water through French doors, dissolving the boundary between indoors and out. At the heart of the home lies a kitchen that is both commanding and inviting, designed not merely for function but for presence.
Granite countertops frame an expansive island with integrated storage and television, while Bosch and KitchenAid appliances elevate daily living. Wood accented ceiling details add character and depth, and four generous windows flood the space with natural light and tranquil canal views. A built in bar, discreet half bath, under stair storage, and two separate washer and dryer sets underscore the home's rare blend of elegance and practicality.
Beyond the main living spaces, the home reveals a dedicated entertainment room with endless flexibility, anchored by a striking fish tank that conveys and serves as a living work of art. A connected guest or multigenerational suite offers both privacy and comfort, complete with a full bath featuring a steam room and four head shower, creating a retreat worthy of extended stays. Upstairs, the primary suite rises as a private sanctuary, crowned by vaulted ceilings and designed for quiet indulgence.
The space features a generous walk in closet, a luxurious soaking tub, dual vanities, and a spa inspired walk in shower appointed with four shower heads. Additional bedrooms continue the theme of volume and comfort, each with vaulted ceilings and walk in closets. Two of these bedrooms are joined by a well appointed Jack and Jill bath with double sinks and a spacious tub shower combination.
Outdoor living here is nothing short of cinematic. From the primary suite, French doors open onto an expansive elevated deck, a vantage point ideal for rocket launches, sunset views, and stargazing over the water. A staircase descends to a substantial pebble finished pool accented by water features, surrounded by a combination of tile and paver hardscaping that defines multiple seating and lounging areas.
The grounds are lushly landscaped, with curated planting beds lining the side of the home, while the canal side reveals the newly redone dock and private beach style waterfront, perfectly suited for boating, paddle sports, and curated coastal moments. Significant updates reinforce the home's enduring value and thoughtful stewardship, including a metal roof installed in 2005, a substantial guest wing addition completed in 2014, an outdoor AC unit replaced in 2024, and a new water heater in 2025. The garage offers deep storage and features newly epoxy coated floors, further reflecting the care invested throughout the property.
Residents of Tortoise Island enjoy access to a suite of private amenities including tennis courts, pickleball, a community pool, clubhouse, and the reassurance of a 24 hour guard gated entrance. Ideally positioned near the beach, top rated schools, and the best of beachside living, this estate has not been offered to the market in over 22 years and stands ready for its next chapter of lifestyle, legacy, and rare waterfront distinction.
All 83 photos
Description provided by ZOOM Realty Group 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
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.
Actual list price: $1,874,000 — compare it against the range above. The Messtimate is a blind sqft estimate; the list price reflects this specific home.
A 28% 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 — one flip or distressed sale in the comps drags the whole $/sq ft up or down.
- Carrying costs & concessions — this home carries HOA dues of $355/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 $1,874,000 ($404/sq ft) — a number set with analysis a Messtimate can't do.
Selling your own home? Try the Messtimate on your address →
Methodology: 4,637 sq ft × $363–$463/sq ft from recent nearby closed sales (public records). Estimate for general information only; not an appraisal, valuation, or offer. Updated September 21, 2026.
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.
Price & listing history
Building permits
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.
This is a coastal Florida county. Premiums and coverage vary by home; obtain a quote from a licensed insurer.
Internet & broadband
AT&T Fiber covers much of NE Florida; confirm availability at the address.
Xfinity/Spectrum cable broadband is widely available.
T-Mobile / Verizon fixed-wireless as a backup option.
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Listed by ZOOM Realty Group LLC · MLS # 1083036
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Recent sales activity in Tortoise Island Ph 4 PUD
Recent comparable closed sales near this home, from public records. Summary figures are for general reference only and are not a valuation of this property. See the Tortoise Island Ph 4 PUD neighborhood guide for more.
Recent nearby closings in the data set.
Canonical 12-month median closed price. Reference only.
Canonical 12-month median $/sq ft. Reference only.
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 →
Comparable recent sales
Recent closed sales nearby, with photos, so you can compare. Sold prices are public record, deemed reliable but not guaranteed.
Community 12-month median: $413/sq ft. Shown for general reference only — this is not an appraisal or a statement of this home's value. Sold prices are public record and deemed reliable but not guaranteed.
Investment snapshot
Objective rental and cash-flow estimates for a buyer weighing this as an investment. Rough figures for general information only — not a guarantee of rent, an appraisal, or investment advice. Verify independently.
Buyer research checklist
Items worth confirming for 250 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 $355/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 4,637 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 $19,677/yr) assumes reassessment at the list price; the seller's homestead cap does not transfer, so their current bill is not a guide.
- School zoning shown here comes from district data and changes; confirm the assigned schools directly with the district before relying on them.
Approximate distances
Approximate drive times for general reference only.
Data sources & freshness
| Listing record | Space Coast MLS, refreshed twice daily (last: September 21, 2026) |
| Community market stats | Space Coast MLS closed sales, as of July 15, 2026 |
| Flood zone & elevation | FEMA flood maps + USGS elevation (Zone X shown above) |
| Taxes & monthly cost | Estimated from county rates; not a quote |
| 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 250 Lanternback Island Drive and when was it built?
Per the listing record, 250 Lanternback Island Drive was built in 1989 and has 4,637 sq ft of living area, 5 bedrooms and 3.5 bathrooms. Living area and lot size come from the MLS record and should be verified against the county property appraiser.
What community is 250 Lanternback Island Drive in?
250 Lanternback Island Drive is in Tortoise Island Ph 4 PUD in Satellite Beach, Brevard County. The community section on this page shows recent closed sales, days on market, and active inventory for Tortoise Island Ph 4 PUD from the same MLS data.
Does 250 Lanternback Island Drive have an HOA, and how much are the dues?
The listing reports HOA dues of $355 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 250 Lanternback Island Drive differ from the current owner's?
The estimate on this page (about $19,677 per year) assumes reassessment at the list price. Florida's Save Our Homes rule caps annual assessment increases for homesteaded owners, and the assessment resets after a sale, so a new owner's bill may differ from the seller's. Any tax figure shown here is an estimate, not the actual bill — confirm with the county property appraiser and tax collector.
Is 250 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 a typical county millage rate to the list price 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.
Equal Housing Opportunity. Content on this page is compiled from public records, MLS data, and automated sources and may contain errors or be out of date. It is general information only, not a representation about any specific property, community, builder, or association. Verify information independently before relying on it. Momentum Realty supports the Fair Housing Act and does not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity. Information about schools, distances, and amenities is provided as neutral factual data to help you research the property and is not a statement about who should or should not live here or the suitability of the home or neighborhood for any person or group. School data may change — confirm current assignments with the school district.
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MLS / IDX. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Space Coast Multiple Listing Service Internet Data Exchange. Real estate listings held by brokerage firms other than Momentum Realty are marked with the listing broker's name and include the name of the listing agent. Data provided is deemed reliable but is not guaranteed by the MLS to be accurate. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: Space Coast Multiple Listing Service. © 2026 Space Coast Association of REALTORS®, Inc. All rights reserved.
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.