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Sold for $2,300,000
  • $2,300,000

    121 Palm Island Ln, Indian River Shores, FL 32963

    3beds
    3,673sqft
    Single Family Residence
    Built in 2003
    0.29 Acres Lot
    $2,317,400 Zestimate®
    $626/sqft
    $19,183 Estimated rent

    Home value

    $2,317,400

    $2.06M - $2.60M

    $19,183/mo

    Zestimate® history
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    What's special

    Heated pool and spaOutdoor kitchenRich wood floorsRefined millworkArched entriesGas cooktopFireplace-lit private library
    Claim your legacy in coveted Palm Island. This custom estate masters the art of detail w/rich wood floors, arched entries, & refined millwork. Entertain in a chef’s kitchen w/gas cooktop & wine-ready butler’s pantry or retreat to the fireplace-lit private library to sip your favorite bourbon. French doors reveal seamless entertaining: sear steaks on the outdoor kitchen while family floats in the heated pool & spa. Guests enjoy a secluded upper-level loft & BRs while you unwind in the garden-view master ste. Experience true ocean-to-river mastery w/ Beach & River Club access & docks.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kathleen M Pogany 772-925-2390,

    Compass Florida LLC,

    Scott Reynolds 772-492-7777,

    Compass Florida LLC

    Bought with:

    Cathy Curley, 3378699

    Dale Sorensen Real Estate Inc.

    Source: Realtor Association of Indian River County,MLS#: 294019MLS LogoOriginating MLS: Indian River

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Bedroom
    • Dimensions: 19x15
    Bedroom
    • Dimensions: 17x15
    Bedroom
    • Dimensions: 17x13
    Breakfast room nook
    • Dimensions: 15x10
    Den
    • Dimensions: 17x17
    Dining room
    • Dimensions: 13x14
    Kitchen
    • Dimensions: 14x10
    Living room
    • Dimensions: 18x23
    Loft
    • Dimensions: 17x14
    Heating
    • Central, Electric, Multiple Heating Units
    Cooling
    • Central Air, Electric, 2 Units
    Appliances
    • Included: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Wine Cooler, Washer
    • Laundry: Laundry Room, Laundry Tub
    Features
    • Built-in Features, Closet Cabinetry, Crown Molding, High Ceilings, Kitchen Island, Pantry, Split Bedrooms, Walk-In Closet(s), Central Vacuum, French Door(s)/Atrium Door(s)
    • Flooring: Carpet, Tile, Wood
    • Doors: French Doors
    • Windows: Blinds, Window Treatments
    • Number of fireplaces: 1
    Interior area
    • Total interior livable area: 3,673 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Driveway, Garage, Garage Door Opener
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Patio, Porch
    • Exterior features: Built-in Barbecue, Balcony, Barbecue, Outdoor Kitchen, Porch, Patio, Rain Gutters, Propane Tank - Owned
    • Has private pool: Yes
    • Pool features: Electric Heat, Heated, Pool, Private, Community
    • Has spa: Yes
    • Spa features: Hot Tub
    • Has view: Yes
    • View description: Garden, Pool
    • Waterfront features: None, Beach Access
    Lot
    • Size: 0.29 Acres
    • Dimensions: 83 x 151
    • Features: 1/4 to 1/2 Acre Lot
    Details
    • Parcel number: 31393600031000100007.0
    • Zoning: ,
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Two Story
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete, Stucco
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 2003

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Barbecue, Club Membership Available, Clubhouse, Fitness, Other, Pool, Sidewalks, Water Access, Gutter(s)
    • Security: Security System Owned, Gated with Guard, Phone Entry
    • Subdivision: Palm Isl Plantation
    HOA
    • Has HOA: Yes
    • Amenities included: Dues Paid Quarterly
    • Services included: Common Areas, Maintenance Grounds, Pool(s), Recreation Facilities, Reserve Fund, Security, Trash
    • HOA fee: $1,374 monthly
    • HOA name: Elliott Merrill
    Location
    • Region: Indian River Shores

    Financial & listing details

    • Price per square foot: $626/sqft
    • Tax assessed value: $2,110,764
    • Annual tax amount: $24,632
    • Date on market: 1/15/2026
    • Listing terms: Cash,FHA,New Loan,VA Loan
    • Ownership: Single Family/Other
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/22/2026Sold$2,300,000-4.2%$626/sqft
    Source: Realtor Association of Indian River County #294019 Report a problem
    1/26/2026Listed for sale$2,400,000$653/sqft
    Source: Realtor Association of Indian River County #294019 Report a problem
    1/19/2026Contingent$2,400,000$653/sqft
    Source: Realtor Association of Indian River County #294019 Report a problem
    1/15/2026Listed for sale$2,400,000-7.5%$653/sqft
    Source: Realtor Association of Indian River County #294019 Report a problem
    12/3/2025Listing removed$2,595,000$707/sqft
    Source: Douglas Elliman #289667 Report a problem
    7/16/2025Listed for sale$2,595,000$707/sqft
    Source: Realtor Association of Indian River County #289667 Report a problem
    7/16/2025Listing removed$2,595,000$707/sqft
    Source: Realtor Association of Indian River County #287757 Report a problem
    5/7/2025Listed for sale$2,595,000-5.6%$707/sqft
    Source: Realtor Association of Indian River County #287757 Report a problem
    4/3/2025Listing removed$2,750,000$749/sqft
    Source: Realtor Association of Indian River County #284824 Report a problem
    1/27/2025Listed for sale$2,750,000+10%$749/sqft
    Source: Realtor Association of Indian River County #284824 Report a problem
    12/2/2024Sold$2,500,000-3.8%$681/sqft
    Source: Realtor Association of Indian River County #282598 Report a problem
    11/4/2024Contingent$2,600,000$708/sqft
    Source: Realtor Association of Indian River County #282598 Report a problem
    11/4/2024Listed for sale$2,600,000$708/sqft
    Source: Realtor Association of Indian River County #282598 Report a problem
    9/30/2024Listing removed$2,600,000$708/sqft
    Source: Realtor Association of Indian River County #273636 Report a problem
    9/13/2024Contingent$2,600,000$708/sqft
    Source: Realtor Association of Indian River County #273636 Report a problem
    8/30/2024Price change$2,600,000-8%$708/sqft
    Source: Realtor Association of Indian River County #273636 Report a problem
    5/9/2024Listed for sale$2,825,000-4.2%$769/sqft
    Source: Realtor Association of Indian River County #273636 Report a problem
    4/14/2024Listing removed--
    Source: Realtor Association of Indian River County #273636 Report a problem
    2/8/2024Price change$2,950,000-9.2%$803/sqft
    Source: Realtor Association of Indian River County #273636 Report a problem
    12/15/2023Listed for sale$3,250,000+30.3%$885/sqft
    Source: Realtor Association of Indian River County #273636 Report a problem
    6/25/2022Listing removed--
    Source: BHHS broker feed Report a problem
    6/8/2022Pending sale$2,495,000$679/sqft
    Source: BHHS broker feed #252966 Report a problem
    6/6/2022Sold$2,495,000$679/sqft
    Source: Public Record Report a problem
    5/10/2022Pending sale$2,495,000$679/sqft
    Source: Realtor Association of Indian River County #252966 Report a problem
    5/2/2022Listed for sale$2,495,000$679/sqft
    Source: Realtor Association of Indian River County #252966 Report a problem
    4/19/2022Contingent$2,495,000$679/sqft
    Source: Realtor Association of Indian River County #252966 Report a problem
    3/23/2022Listed for sale$2,495,000+107.1%$679/sqft
    Source: Realtor Association of Indian River County #252966 Report a problem
    3/2/2004Sold$1,205,000$328/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$25,658 +21.3%$2,110,764 +18.8%
    2024$21,153 +5.1%$1,776,328 +3.2%
    2023$20,122 +49.9%$1,721,575 +54.7%
    2022$13,428 +42.9%$1,112,687 +42.4%
    2021$9,394 -0.2%$781,462 +1.4%
    2020$9,417 $770,673 +2.3%
    2019$9,417 -1%$753,346 +1.9%
    2018$9,511 -2.2%$739,299 +2.1%
    2017$9,728 -4%$724,093 +2.1%
    2016$10,132 +0.6%$709,200 +0.7%
    2015$10,071 $704,280 +0.8%
    2014-- $698,700 +1.5%
    2013-- $688,380 -1.8%
    2012$10,007 -8.9%$701,300 -8.6%
    2011$10,982 +1.6%$767,310 +1.5%
    2010$10,807 +8%$755,980 +2.7%
    2009$10,009 -21.2%$736,110 -24.5%
    2008$12,698 -0.3%$975,500 +5.8%
    2007$12,740 $922,030 -7.2%
    2006-- $993,770 +21.3%
    2005-- $819,080
    2004-- $819,080 +608.5%
    2003-- $115,600
    Find assessor info on the county website

    Neighborhood: 32963

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    Estimated market value
    $2,317,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,317,400