424 S Waterway Drive, Satellite Beach, FL 32937

$525,000
Property Type: Land Lot Size (sq. ft.): 9,148 Status: Closed
Current Price: $525,000 List Date: 7/28/2023 Last Modified: 7/13/2026

Overview

Description

Opportunity Knocks!! Once in a Lifetime!! The Only Available Vacant Waterfront Lot in Satellite Beach!! Deep Water Lake Shepard lot with NEW SEAWALL!! Build your Waterfront Dream Home. Investors build your next spec home. Lake Shepard is 25 feet deep in places. Don't buy a 600-700K teardown this is your chance to build new construction on the water in one of beachsides most unique waterfront communities.

Listing Details MLS# 971087

General Property Information

Number Of Lots
Yes
Lot Size Acres
0.21
Lot Size Square Feet
9148
Association YN
No
Property Use
00 / VACANT RESIDENTIAL LAND (SINGLE FAMILY, PLATT
Water Body Access YN
No
Waterfront YN
Yes
Senior Community YN
No
List Price/Acre
2619047.62
Sold Price/Acre
2500000

Property Features

Current Use: Residential Listing Terms: Cash; Conventional Possession: Close Of Escrow Road Surface Type: Paved Special Listing Conditions: Standard Waterfront Features: Lake Front; Pond

Contract Information

Original List Price
550000
Listing Contract Date
2023-07-27
Property Sub Type
Unimproved Land

Location Tax and Legal

Street Number
424
Street Direction Prefix
S
Street Name
Waterway
Street Suffix
Drive
County
Brevard
State
FL
Postal Code
32937
MLS Area Major
381 - N Satellite Beach
Subdivision Name
Waterway Estates Replat

Remarks and Miscellaneous

Public Remarks
Opportunity Knocks!! Once in a Lifetime!! The Only Available Vacant Waterfront Lot in Satellite Beach!! Deep Water Lake Shepard lot with NEW SEAWALL!! Build your Waterfront Dream Home. Investors build your next spec home. Lake Shepard is 25 feet deep in places. Don't buy a 600-700K teardown this is your chance to build new construction on the water in one of beachsides most unique waterfront communities.

Status Change Information

Major Change Timestamp
2023-08-29T17:57:27Z
Major Change Type
Status Change
Status Change Timestamp
2023-08-29
Purchase Contract Date
2023-07-29
Close Date
2023-08-29
Close Price
525000

More Information

Closing Company Details

Closing Company Name
2425 Pineapple Ave Melbourne, FL 32935
Closing Company Address
Foundation Title

Historical Information

Public Historical Remarks 3
Number of Lots: 1.00

Location, Tax, and Legal

Tax Account
2609367
Parcel Number
26-37-27-76-00000.0-0045.00
General County Location
South
Elementary School
Holland
Middle School
DeLaura
High School
Satellite
Tax Annual Amount
3317.95
Tax Year
2022
Tax Legal Description
WATERWAY ESTATES REPLAT LOT 45
Directions
From Pineda Causeway exit at S. Patrick Dr. and go S. Right on Shepard Blvd. Left on S Lakeside Dr. S. Lakeside becomes S. Waterway Dr. Lot is on the Right

Currently Not Used

Pool Private YN
No

Current Use

Residential
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes

Road Surface Type

Paved
Yes

Special Listing Conditions

Standard
Yes

Waterfront Features

Lake Front
Yes
Pond
Yes
Listing Office: Keller Williams Realty Brevard
Last Updated: July - 13 - 2026
Information is deemed to be reliable, but is not guaranteed.