696 Palos Verde Drive, Satellite Beach, FL 32937 (MLS# 1058674)

696 Palos Verde Drive, Satellite Beach, FL 32937

$625,000

Virtual Tour

https://www.propertypanorama.com/instaview/spc/1058674

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,707 Lot Size (sq. ft.): 6,098 Status: Closed

Current Price: $625,000 List Date: 10/03/2025 Last Modified: 6/01/2026

Overview

Description

Discover the ultimate blend of coastal living and modern comfort in highly sought-after Montecito in Satellite Beach! This spacious home is designed for versatility, offering 3 bedrooms PLUS 2 bonus spaces, an expansive upstairs loft and a private office off the primary suite. Need a 4th bedroom, playroom, nursery, or dual work-from-home setup? This home flexes seamlessly to fit your lifestyle. And yes, it even comes with a Tesla charger! The heart of the home features SOARING CEILINGS, abundant natural light, and an open-concept layout perfect for entertaining. Beyond the home itself, Montecito residents enjoy resort-style amenities: a gated entrance, elegant clubhouse with pool and fitness center, scenic lakefront walking trails, and direct beach access just minutes away. With top rated schools, shopping, and dining nearby, this property offers the rare chance to live in one of Brevard's most exclusive beachside enclaves.

Listing Details MLS# 1058674

General Property Information

Bedrooms Total: 3
Bathrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Living Area: 2707
Living Area Source: Appraiser
Accessibility Features YN: No
New Construction YN: No
Year Built: 2006
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Lot Size Acres: 0.14
Lot Size Square Feet: 6098
Association YN: Yes
Association Fee: 255
Association Fee Frequency: Quarterly
Association Name: Montecito
Association Fee 2: 112
Association Fee 2 Frequency: Monthly
CDD Fee YN: Yes
CDD Fee Amount: 3034.91
Community Fee(s) YN: No
Water Body Access YN: No
Waterfront YN: Yes
Furnished: Unfurnished
Stories: 2
Direction Faces: East
Senior Community YN: No
Pool Private YN: No
List Price/SqFt: 230.88
Sold Price/SqFt: 230.88

Property Features

Appliances: Dishwasher; Disposal; Electric Cooktop; Electric Oven; Microwave; Refrigerator Association Amenities: Clubhouse; Fitness Center; Jogging Path; Park; Playground; Pool Association Fee Includes: Maintenance Grounds Construction Materials: Block; Concrete; Frame; Stucco Cooling: Central Air Current Use: Residential; Single Family Exterior Features: Courtyard; Storm Shutters Fencing: Back Yard; Fenced; Full Flooring: Tile; Wood Heating: Central; Electric Interior Features: Breakfast Bar; Breakfast Nook; Ceiling Fan(s); Eat-in Kitchen; Open Floorplan; Primary Bathroom -Tub with Separate Shower; Vaulted Ceiling(s); Walk-In Closet(s) Levels: Two Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Other Parking Features: Attached; Garage Patio And Porch Features: Covered; Patio Pets Allowed: Yes Possession: Close Of Escrow Roof: Tile Security Features: Security Gate Sewer: Public Sewer Showing Requirements: Appointment Only; No Sign Special Listing Conditions: Standard Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected View: Lake; Pond Water Source: Public Waterfront Features: Pond

Contract Information

Original List Price: 649900
Listing Contract Date: 2025-10-02
Start Showing Date: 2025-10-03
Property Sub Type: Single Family Residence

Location Tax and Legal

Street Number: 696
Street Name: Palos Verde
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32937
MLS Area Major: 381 - N Satellite Beach
Subdivision Name: Montecito Phase 1A

Remarks and Miscellaneous

Public Remarks: Discover the ultimate blend of coastal living and modern comfort in highly sought-after Montecito in Satellite Beach! This spacious home is designed for versatility, offering 3 bedrooms PLUS 2 bonus spaces, an expansive upstairs loft and a private office off the primary suite. Need a 4th bedroom, playroom, nursery, or dual work-from-home setup? This home flexes seamlessly to fit your lifestyle. And yes, it even comes with a Tesla charger! The heart of the home features SOARING CEILINGS, abundant natural light, and an open-concept layout perfect for entertaining. Beyond the home itself, Montecito residents enjoy resort-style amenities: a gated entrance, elegant clubhouse with pool and fitness center, scenic lakefront walking trails, and direct beach access just minutes away. With top rated schools, shopping, and dining nearby, this property offers the rare chance to live in one of Brevard's most exclusive beachside enclaves.

Status Change Information

Major Change Timestamp: 2026-06-01T17:25:44Z
Major Change Type: Status Change
Price Change Timestamp: 2025-11-29T20:45:13Z
Status Change Timestamp: 2026-06-01
Purchase Contract Date: 2026-01-10
Close Date: 2026-05-29
Close Price: 625000

More Information

Closing Company Details

Closing Company Name: Prestige Title Attn: Jeremy Rannings
Closing Company Address: 5120 US-1 #103, Melbourne, FL 32940

DPR Eligible

DPR Eligible: Yes

Legal Details

Permission Granted to Advertise: Yes

Location, Tax, and Legal

Tax Account: 2628986
Parcel Number: 26-37-26-32-00000.0-0060.00
General County Location: South
Elementary School: Sea Park
Middle School: DeLaura
High School: Satellite
Tax Annual Amount: 9689.74
Tax Year: 2024
Directions: Traveling S. on S. Patrick Dr. take a left onto Tortoise Dr. right onto Mission Bay Dr. left onto Palos Verde Dr. Home is on the left.

Appliances

Dishwasher: Yes
Disposal: Yes
Electric Cooktop: Yes
Electric Oven: Yes
Microwave: Yes
Refrigerator: Yes

Association Amenities

Clubhouse: Yes
Fitness Center: Yes
Jogging Path: Yes
Park: Yes
Playground: Yes
Pool: Yes

Association Fee Includes

Maintenance Grounds: Yes

Construction Materials

Block: Yes
Concrete: Yes
Frame: Yes
Stucco: Yes

Cooling

Central Air: Yes

Current Use

Residential: Yes
Single Family: Yes

Exterior Features

Courtyard: Yes
Storm Shutters: Yes

Fencing

Back Yard: Yes
Fenced: Yes
Full: Yes

Flooring

Tile: Yes
Wood: Yes

Heating

Central: Yes
Electric: Yes

Interior Features

Breakfast Bar: Yes
Breakfast Nook: Yes
Ceiling Fan(s): Yes
Eat-in Kitchen: Yes
Open Floorplan: Yes
Primary Bathroom -Tub with Separate Shower: Yes
Vaulted Ceiling(s): Yes
Walk-In Closet(s): Yes

Levels

Two: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Lot Features

Other: Yes

Parking Features

Attached: Yes
Garage: Yes

Patio And Porch Features

Covered: Yes
Patio: Yes

Pets Allowed

Yes: Yes

Possession

Close Of Escrow: Yes

Roof

Tile: Yes

Security Features

Security Gate: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Standard: Yes

Utilities

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

View

Lake: Yes
Pond: Yes

Water Source

Public: Yes

Waterfront Features

Pond: Yes

Showing Requirements

Appointment Only: Yes
No Sign: Yes

Listing Office: Denovo Realty

Last Updated: June - 01 - 2026

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