428 Penguin Drive, Satellite Beach, FL 32937

$590,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,735 Lot Size (sq. ft.): 8,712 Status: Active
Current Price: $590,000 List Date: 9/16/2025 Last Modified: 10/23/2025

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

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
2025-10-23T11:03:25Z
Major Change Type
Price Reduced
Price Change Timestamp
2025-10-23T11:03:25Z
Status Change Timestamp
2025-09-16

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
Listing Office: Triad Realty LLC
Last Updated: October - 23 - 2025
Information is deemed to be reliable, but is not guaranteed.

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