428 Penguin Drive, Satellite Beach, FL 32937 (MLS# 1057310)

428 Penguin Drive, Satellite Beach, FL 32937

$590,000

Virtual Tour

https://www.propertypanorama.com/instaview/spc/1057310

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,735 Lot Size (sq. ft.): 8,712 Status: Active Under Contract

Current Price: $590,000 List Date: 9/16/2025 Last Modified: 6/04/2026

Overview

Description

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.

Listing Details MLS# 1057310

General Property Information

Bedrooms Total: 3
Bathrooms Total: 2
Accessory Dwelling Unit Y/N: No
Bathrooms Full: 2
Living Area: 1735
Living Area Source: Public Records
Accessibility Features YN: No
New Construction YN: No
Year Built: 1965
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Lot Size Acres: 0.2
Lot Size Square Feet: 8712
Association YN: No
CDD Fee YN: No
Community Fee(s) YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Direction Faces: North
Senior Community YN: No
Pool Private YN: Yes
List Price/SqFt: 340.06
Bathrooms Half: 0

Property Features

Appliances: Gas Range Architectural Style: Contemporary Construction Materials: Concrete; Stucco Cooling: Central Air Current Use: Residential; Single Family Exterior Features: Courtyard Fencing: Vinyl; Wood Flooring: Terrazzo Heating: Central Interior Features: Ceiling Fan(s); Eat-in Kitchen; Open Floorplan; Primary Bathroom - Shower No Tub Laundry Features: In Garage Listing Terms: Cash Lot Features: Few Trees Parking Features: Attached; Garage Patio And Porch Features: Rear Porch; Screened Pool Features: In Ground; Screen Enclosure Possession: Close Of Escrow Property Condition: Fixer Roof: Shingle Sewer: Public Sewer Showing Requirements: Combination Lock Box Special Listing Conditions: Short Sale; Third Party Approval Utilities: Electricity Connected; Water Connected Water Source: Public Contingency Reason: 3rd Party Approval; Financing

Contract Information

Original List Price: 625000
Listing Contract Date: 2025-09-16
Property Sub Type: Single Family Residence

Location Tax and Legal

Street Number: 428
Street Name: Penguin
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32937
MLS Area Major: 381 - N Satellite Beach
Subdivision Name: Waterway Estates 3rd Addn

Remarks and Miscellaneous

Public Remarks: 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.

Status Change Information

Major Change Timestamp: 2026-06-04T23:27:33Z
Major Change Type: Status Change
Price Change Timestamp: 2025-10-23T11:03:25Z
Status Change Timestamp: 2026-06-04
Contingency: Active Under Contract

More Information

Closing Company Details

Closing Company Name: Relentless Title
Closing Company Address: 1402 Highway A1A, Ste A, Sat Beach, FL

DPR Eligible

DPR Eligible: Yes

Legal Details

Permission Granted to Advertise: Yes

Location, Tax, and Legal

Tax Account: 2606541
Parcel Number: 26-37-22-75-00000.0-0008.00
General County Location: South
Elementary School: Sea Park
Middle School: DeLaura
High School: Satellite
Tax Annual Amount: 4643.8
Tax Year: 2024
Directions: From Pineda Cswy and S Patrick, go south on S Patrick to right on Skylark Blvd, turn left on Ibis Ln, turn right on Penguin Dr. House is down on the left.

Appliances

Gas Range: Yes

Architectural Style

Contemporary: Yes

Construction Materials

Concrete: Yes
Stucco: Yes

Cooling

Central Air: Yes

Current Use

Residential: Yes
Single Family: Yes

Exterior Features

Courtyard: Yes

Fencing

Vinyl: Yes
Wood: Yes

Flooring

Terrazzo: Yes

Heating

Central: Yes

Interior Features

Ceiling Fan(s): Yes
Eat-in Kitchen: Yes
Open Floorplan: Yes
Primary Bathroom - Shower No Tub: Yes

Laundry Features

In Garage: Yes

Listing Terms

Cash: Yes

Lot Features

Few Trees: Yes

Parking Features

Attached: Yes
Garage: Yes

Patio And Porch Features

Rear Porch: Yes
Screened: Yes

Pool Features

In Ground: Yes
Screen Enclosure: Yes

Possession

Close Of Escrow: Yes

Roof

Shingle: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Short Sale: Yes
Third Party Approval: Yes

Utilities

Electricity Connected: Yes
Water Connected: Yes

Water Source

Public: Yes

Showing Requirements

Combination Lock Box: Yes

Property Condition

Fixer: Yes

Contingency Reason

3rd Party Approval: Yes
Financing: Yes

Listing Office: Triad Realty LLC

Last Updated: June - 04 - 2026

Information is deemed to be reliable, but is not guaranteed.