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Pending
    • Price cut: $10K (7/24)
    $589,900

    688 Monterey Dr, Satellite Beach, FL 32937

    3beds
    1,712sqft
    : 
    $3,894/mo
    Get pre-qualified
    Single Family Residence
    Built in 2008
    6,098 Square Feet Lot
    $575,700 Zestimate®
    $345/sqft
    $99/mo HOA

    What's special

    Spacious covered lanaiLakefront homeOpen-concept living spaceStunning custom feature wallNumerous designer touches throughoutBeautifully appointed kitchenPrivate primary suite
    Coastal elegance meets modern comfort in this beautifully upgraded lakefront home located in the highly sought-after gated community of Montecito! Just minutes from the beach, this move-in-ready residence showcases a stunning custom feature wall that creates an unforgettable focal point in the open-concept living space. The beautifully appointed kitchen features new stainless-steel appliances and flows seamlessly into the living and dining areas, making it perfect for entertaining. Enjoy peaceful lake and fountain views from the spacious covered lanai or unwind in the private primary suite. Thoughtful upgrades include a newer HVAC system, Tesla EV charging station, custom garage shelving for exceptional organization, and numerous designer touches throughout. Montecito offers resort-style amenities including a clubhouse, community pool, fitness center, playground, and beautifully maintained grounds. Conveniently located near top-rated schools, Patrick Space Force Base, shopping, dining.
    19 days
    |
    853
    |
    48
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Pamela Ratfield 512-663-2660,

    BHHS Florida Realty

    Source: Space Coast AOR,MLS#: 1081848

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Induction Cooktop, Microwave, Refrigerator, Washer
      • Laundry: Electric Dryer Hookup, In Unit
      Features
      • Breakfast Bar, Ceiling Fan(s), Central Vacuum, Entrance Foyer, In-Law Floorplan, Open Floorplan, Pantry, Primary Bathroom - Shower No Tub, Split Bedrooms, Walk-In Closet(s)
      • Flooring: Carpet, Tile
      • Number of fireplaces: 1
      • Fireplace features: Other
      Interior area
      • Total interior livable area: 1,712 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage
      • Attached garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Front Porch, Patio
      • Exterior features: Storm Shutters
      • Has view: Yes
      • View description: Pond, Water
      • Has water view: Yes
      • Water view: Pond,Water
      Lot
      • Size: 6,098 Square Feet
      • Features: Sprinklers In Front, Sprinklers In Rear
      Details
      • Additional parcels included: 2629843
      • Parcel number: 2637263400000.00107.00
      • Zoning description: Residential
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Block, Stone, Stucco
      • Roof: Tile
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 2008

      Utilities & green energy

      • Electric: 220 Volts in Garage
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available

      Community & HOA

      Community
      • Security: Security Gate
      • Subdivision: Montecito Phase 1B
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Fitness Center, Gated, Maintenance Grounds, Management - Full Time, Management - Off Site, Playground, Pool
      • Services included: Maintenance Grounds
      • HOA fee: $298 quarterly
      • HOA name: Coastal Bay Management
      Location
      • Region: Satellite Beach

      Financial & listing details

      • Price per square foot: $345/sqft
      • Tax assessed value: $444,110
      • Annual tax amount: $12,151
      • Date on market: 7/10/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Asphalt, Paved

        Estimated market value

        $575,700

        $547,000 - $604,000

        $2,703/mo

        Price history

        DateEventPrice
        7/28/2026Pending sale$589,900$345/sqft
        Source: BHHS broker feed #298464 Report a problem
        7/27/2026Contingent$589,900$345/sqft
        Source: Realtor Association of Indian River County #298464 Report a problem
        7/27/2026Pending sale$589,900$345/sqft
        Source: Space Coast AOR #1081848 Report a problem
        7/24/2026Price change$589,900-1.7%$345/sqft
        Source: Realtor Association of Indian River County #298464 Report a problem
        7/17/2026Listed for sale$599,900$350/sqft
        Source: Realtor Association of Indian River County #298464 Report a problem
        7/12/2026Pending sale$599,900$350/sqft
        Source: BHHS broker feed #1081848 Report a problem
        7/11/2026Contingent$599,900$350/sqft
        Source: Space Coast AOR #1081848 Report a problem
        7/10/2026Listed for sale$599,900+50.4%$350/sqft
        Source: Space Coast AOR #1081848 Report a problem
        10/30/2020Sold$398,950-0.3%$233/sqft
        Source: Space Coast AOR #884000 Report a problem
        10/21/2020Pending sale$399,950$234/sqft
        Source: RE/MAX Elite #884000 Report a problem
        9/26/2020Listed for sale$399,950$234/sqft
        Source: RE/MAX Elite #884000 Report a problem
        9/13/2020Pending sale$399,950$234/sqft
        Source: RE/MAX Elite #884000 Report a problem
        8/28/2020Listed for sale$399,950+27.6%$234/sqft
        Source: RE/MAX Elite #884000 Report a problem
        12/5/2008Sold$313,500$183/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,152 +21.1%$423,130 +2.9%
        2024$10,034 -5.7%$411,210 +3%
        2023$10,643 +6.5%$399,240 +2.5%
        2022$9,989 +2.7%$389,640 +22%
        2021$9,723 +21.9%$319,370 +18.7%
        2020$7,977 +0.3%$269,120 +2.3%
        2019$7,956 $263,070 +1.9%
        2018$7,956 -0.2%$258,170 +1.9%
        2017$7,969 +2.8%$253,370 +2.1%
        2016$7,753 +15.6%$248,160 -2.8%
        2015$6,709 -4.4%$255,210 +10%
        2014$7,016 $232,010 +4%
        2013-- $223,130 +3.1%
        2012$5,053 -2.1%$216,500 -1.3%
        2011$5,160 -5.8%$219,310 -11.6%
        2010$5,477 -1.1%$248,140 -5.7%
        2009$5,541 +125.3%$263,030 +119.2%
        2008$2,459 +5.8%$120,000
        2007$2,325 $120,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32937

        Getting around

        28 / 100
        Car-Dependent
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Sea Park
        • Middle: DeLaura
        • High: Satellite

        Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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