1965 Built Block 4/2 Pool Home in Satellite Beach on Canal

This 4-bedroom, 2-bathroom block-construction home sits on a 9,148 sq. ft. lot in the highly desirable Satellite Beach market. Built in 1965, the property sits on a canal and features 1,571 sq. ft. of living space, a 2-car garage, and a private pool. The property will be delivered vacant and requires a full cosmetic and systems overhaul to reach maximum value.

🛠️ Rehab Scope (Estimated)

• Interior: Full gut renovation including drywall repairs as needed, paint, and flooring throughout.
• Kitchen & Bath: Complete modernization of the kitchen (new cabinetry, quartz/granite counters, appliances) and both bathrooms
• Pool Rehab: Resurfacing, tile refresh, and equipment inspection/replacement for the private pool.
• Systems: Likely replacement of Roof, HVAC, and Water Heater, electrical panel upgrade.
• Exterior: Pressure washing, stucco repairs, and landscaping to enhance curb appeal on the large 0.21-acre lot.

🟣 Comparable Sales

1. 436 Thrush Dr – 4/2 | 1,814 sf | Sold $835,000 ($460/sf) | 12/12/2025 | Condition: Renovated (Strongest 4/2 comp)
2. 449 Penguin Dr – 3/2 | 1,874 sf | Sold $805,000 ($430/sf) | 11/17/2025 | Condition: Renovated
3. 457 Penguin Dr – 3/3 | 2,102 sf | Sold $790,000 ($376/sf) | 09/25/2025 | Condition: Renovated
4. 406 Thrush Dr – 3/2 | 1,376 sf | Sold $680,000 ($494/sf) | 12/22/2025 | Condition: Renovated (Smaller 3/2 sold for $170k > Ask)
5. 431 Sandpiper Dr – 3/2 | 1,467 sf | Sold $680,000 ($464/sf) | 11/21/2025 | Condition: Renovated

💰 ARV Analysis

The most notable data point is 406 Thrush Dr, a significantly smaller 3/2 (1,376 sf) that sold for $680,000 ($494/sf) in December 2025. The subject property is a 4-bedroom and is nearly 200 sq. ft. larger. Furthermore, the 4/2 comp at 436 Thrush Dr sold for $835,000. Conservatively positioning the subject between the smaller 3/2s ($680k) and the larger 4/2 ($835k):

Estimated ARV: $799,000 +/-