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

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.

More Information MLS# 1057310

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.

General Property Information

Accessory Dwelling Unit Y/N: No Bathrooms Half: 0 Living Area: 1735 Living Area Source: Public Records Lot Size Acres: 0.2 Lot Size Square Feet: 8712 Accessibility Features YN: No Association YN: No New Construction YN: No Garage YN: Yes Garage Spaces: 2 Carport YN: No Waterfront YN: No Senior Community YN: No CDD Fee YN: No Community Fee(s) YN: No Furnished: Unfurnished Stories: 1 Direction Faces: North Pool Private YN: Yes List Price/SqFt: 340.06 Bedrooms Total: 3 Bathrooms Total: 2 Bathrooms Full: 2 Year Built: 1965

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.

Appliances

Gas Range: 1

Architectural Style

Contemporary: 1

Closing Company Details

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

Construction Materials

Concrete: 1 Stucco: 1

Cooling

Central Air: 1

Current Use

Residential: 1 Single Family: 1

DPR Eligible

DPR Eligible: Yes

Exterior Features

Courtyard: 1

Fencing

Vinyl: 1 Wood: 1

Flooring

Terrazzo: 1

Heating

Central: 1

Interior Features

Ceiling Fan(s): 1 Eat-in Kitchen: 1 Open Floorplan: 1 Primary Bathroom - Shower No Tub: 1

Laundry Features

In Garage: 1

Legal Details

Permission Granted to Advertise: Yes

Listing Terms

Cash: 1

Lot Features

Few Trees: 1

Parking Features

Attached: 1 Garage: 1

Patio And Porch Features

Rear Porch: 1 Screened: 1

Pool Features

In Ground: 1 Screen Enclosure: 1

Possession

Close Of Escrow: 1

Roof

Shingle: 1

Sewer

Public Sewer: 1

Special Listing Conditions

Short Sale: 1 Third Party Approval: 1

Utilities

Electricity Connected: 1 Water Connected: 1

Water Source

Public: 1

Showing Requirements

Combination Lock Box: 1

Property Condition

Fixer: 1

Contract Information

Current Price: $590,000 Original List Price: 625000 List Price: $590,000 Status: Active 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

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

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

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