407 Ibis Lane 4-6, Satellite Beach, FL 32937

$300,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,668 Lot Size (sq. ft.): 3,920 Status: Active Under Contract
Current Price: $300,000 List Date: 11/25/2025 Last Modified: 5/03/2026

Overview

Description

Beachside Living with Gorgeous Lake Views & Private Boat Slip! This spacious waterfront townhome is less than a mile from the beach, offering 3 Beds, 2.5 Baths, and nearly 1,700 sqft of bright, inviting living space. Enjoy stunning lake views from the living/dining rooms, kitchen, and the primary suite. The updated kitchen features custom soft-close cabinetry and granite countertops, while oversized windows and sliding glass doors fill the home with beautiful natural light. Step out onto the large primary suite balcony and take in peaceful lakefront views and refreshing beachside breezes. This home also includes its own deeded boat slip, perfect for waterfront living and easy access to the Banana River. Located in Waterway Townhomes, residents enjoy fantastic amenities including a community pool, tennis, pickleball, basketball, and more. Local A-rated schools and offering quick access to Melbourne/Viera, I-95, and Patrick Space Force Base. Make this beachside home yours today!

Listing Details MLS# 1062900

General Property Information

Bedrooms Total
3
Bathrooms Total
3
Bathrooms Full
2
Bathrooms Half
Yes
Living Area
1668
Living Area Source
Public Records
Building Area Total
1668
Accessibility Features YN
No
New Construction YN
No
Year Built
1975
Garage YN
No
Carport YN
No
Lot Size Acres
0.09
Lot Size Square Feet
3920.4
Association YN
Yes
Association Fee
647
Association Fee Frequency
Monthly
Association Name
Waterway Townhouse Condos
CDD Fee YN
No
Community Fee(s) YN
No
Water Body Access YN
No
Waterfront YN
Yes
Water Body Name
Canal Navigational to Banana River
Furnished
Unfurnished
Stories
2
Stories Total
2
Entry Level
Yes
Direction Faces
East
Senior Community YN
No
Pool Private YN
No
List Price/SqFt
179.86

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Architectural Style: Other Association Amenities: Basketball Court; Clubhouse; Pickleball; Pool; Tennis Court(s) Association Fee Includes: Insurance; Maintenance Grounds; Maintenance Structure; Trash; Water Construction Materials: Block; Concrete; Stucco Cooling: Central Air; Electric Current Use: Residential Exterior Features: Balcony; Boat Slip; Tennis Court(s) Flooring: Carpet; Tile Heating: Central; Electric Interior Features: Ceiling Fan(s); Eat-in Kitchen; Pantry; Primary Bathroom - Tub with Shower; Split Bedrooms Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Levels: Two Listing Terms: Cash; Conventional Lot Features: Other Other Structures: Tennis Court(s); Other Parking Features: Additional Parking; Assigned; Guest Patio And Porch Features: Patio; Porch; Rear Porch; Screened Pets Allowed: Size Limit; Yes Possession: Close Of Escrow Rental Restrictions: 3 Months Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Membrane Sewer: Public Sewer Showing Requirements: Appointment Only; Lockbox; Showing Service Special Listing Conditions: Standard Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected View: Canal; Pond; Water Water Source: Public Waterfront Features: Canal Front; Pond; River Access Contingency Reason: Financing

Contract Information

Original List Price
325000
Listing Contract Date
2025-11-25
Property Sub Type
Condominium
Property Attached YN
Yes
Unit Type
Interior Unit

Location Tax and Legal

Street Number
407
Street Name
Ibis
Street Suffix
Lane
County
Brevard
State
FL
Postal Code
32937
MLS Area Major
381 - N Satellite Beach
Subdivision Name
Waterway Townhouse Condo 1

Remarks and Miscellaneous

Public Remarks
Beachside Living with Gorgeous Lake Views & Private Boat Slip! This spacious waterfront townhome is less than a mile from the beach, offering 3 Beds, 2.5 Baths, and nearly 1,700 sqft of bright, inviting living space. Enjoy stunning lake views from the living/dining rooms, kitchen, and the primary suite. The updated kitchen features custom soft-close cabinetry and granite countertops, while oversized windows and sliding glass doors fill the home with beautiful natural light. Step out onto the large primary suite balcony and take in peaceful lakefront views and refreshing beachside breezes. This home also includes its own deeded boat slip, perfect for waterfront living and easy access to the Banana River. Located in Waterway Townhomes, residents enjoy fantastic amenities including a community pool, tennis, pickleball, basketball, and more. Local A-rated schools and offering quick access to Melbourne/Viera, I-95, and Patrick Space Force Base. Make this beachside home yours today!

Status Change Information

Major Change Timestamp
2026-05-01T13:21:53Z
Major Change Type
Status Change
Price Change Timestamp
2026-04-23T21:00:49Z
Status Change Timestamp
2026-05-01
Contingency
Active Under Contract

More Information

Closing Company Details

Closing Company Name
Island Title & Escrow LLC, Sarah Thomas, sarah@islandtitle.net, (321)453-6099
Closing Company Address
2245 N Courtenay Pkwy, Merritt Island, FL 32953

DPR Eligible

DPR Eligible
Yes

Legal Details

Permission Granted to Advertise
No

Location, Tax, and Legal

Unit Number
4-6
Tax Account
2606332
Parcel Number
26-37-22-00-00007.2-0000.00
General County Location
South
Elementary School
Sea Park
Middle School
DeLaura
High School
Satellite
Tax Annual Amount
2042.98
Tax Year
2025
Directions
Pineda Causeway East, take PSFB exit and turn right on S. Patrick Drive. Turn Right into Waterway Townhomes to Ibis Lane.

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Range
Yes
Electric Water Heater
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Architectural Style

Other
Yes

Association Amenities

Basketball Court
Yes
Clubhouse
Yes
Pickleball
Yes
Pool
Yes
Tennis Court(s)
Yes

Association Fee Includes

Insurance
Yes
Maintenance Grounds
Yes
Maintenance Structure
Yes
Sewer
Yes
Trash
Yes
Water
Yes

Construction Materials

Block
Yes
Concrete
Yes
Stucco
Yes

Cooling

Central Air
Yes
Electric
Yes

Current Use

Residential
Yes

Exterior Features

Balcony
Yes
Boat Slip
Yes
Tennis Court(s)
Yes

Flooring

Carpet
Yes
Tile
Yes

Heating

Central
Yes
Electric
Yes

Interior Features

Ceiling Fan(s)
Yes
Eat-in Kitchen
Yes
Pantry
Yes
Primary Bathroom - Tub with Shower
Yes
Split Bedrooms
Yes

Laundry Features

Electric Dryer Hookup
Yes
In Unit
Yes
Washer Hookup
Yes

Levels

Two
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Other
Yes

Other Structures

Tennis Court(s)
Yes
Other
Yes

Parking Features

Additional Parking
Yes
Assigned
Yes
Guest
Yes

Patio And Porch Features

Patio
Yes
Porch
Yes
Rear Porch
Yes
Screened
Yes

Pets Allowed

Size Limit
Yes
Yes
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Asphalt
Yes

Roof

Membrane
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Utilities

Cable Available
Yes
Electricity Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

View

Canal
Yes
Pond
Yes
Water
Yes

Water Source

Public
Yes

Waterfront Features

Canal Front
Yes
Pond
Yes
River Access
Yes

Showing Requirements

Appointment Only
Yes
Lockbox
Yes
Showing Service
Yes

Rental Restrictions

3 Months
Yes

Contingency Reason

Financing
Yes
Listing Office: Florida East Coast Real Estate
Last Updated: May - 03 - 2026
Information is deemed to be reliable, but is not guaranteed.