Under contract

Price cut: $10K (6/6)

$119,000

205 Palmetto Ave APT 704, Merritt Island, FL 32953

2beds

1,024sqft

$1,320/mo

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Condominium

Built in 1981

-- sqft lot

$-- Zestimate^®

$116/sqft

$506/mo HOA

What's special

In-ground poolRecently painted interiorConvenient assigned parkingLight and brightGround floorTile flooring throughoutHot water on demand

Charming Ground floor 2-bedroom, 2-bath condo light and bright featuring tile flooring throughout, recently painted interior, featuring hot water on demand, poolside cabana for sunning and can also be used as storage. Convenient assigned parking with close proximity to the community amenities, just minutes to shopping, dining, and entertainment. Easy access to SR 528 provides a quick commute to Orlando, Disney, and the Cape Canaveral cruise terminal. Community amenities include cable TV, internet, in-ground pool, exterior maintenance, and building insurance.

132 days

72

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Central, Electric, Hot Water

Cooling

Central Air

Appliances

Included: Electric Oven, Refrigerator, Washer/Dryer Stacked
Laundry: Electric Dryer Hookup, In Unit

Features

Open Floorplan, Primary Bathroom - Shower No Tub, Split Bedrooms, Walk-In Closet(s)
Flooring: Tile
Has fireplace: No

Interior area

Total structure area: 1,024
Total interior livable area: 1,024 sqft

Property

Parking

Parking features: Additional Parking, Assigned, Guest

Features

Levels: One
Stories: 1
Patio & porch: Patio, Screened
Has private pool: Yes
Pool features: In Ground

Lot

Size: 2,178 Square Feet
Features: Other

Details

Additional structures: Other
Additional parcels included: 2426573
Parcel number: 2436350000017.40000.00
Zoning description: Condominium
Special conditions: Third Party Approval,Standard

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Block

Condition

New construction: No
Year built: 1981

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Water Connected

Community & HOA

Community

Subdivision: Sun Isle Condo Ph I

HOA

Has HOA: Yes
Amenities included: Cable TV, Maintenance Grounds, Maintenance Structure, Management - Live In, Storage
Services included: Cable TV, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water
HOA fee: $506 monthly
HOA name: Sun Isle Condo sunisletreasurer@hotmail.com

Location

Region: Merritt Island

Financial & listing details

Price per square foot: $116/sqft
Tax assessed value: $121,070
Annual tax amount: $1,909
Date on market: 3/24/2026
Listing terms: Cash,Conventional
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/13/2026	Contingent	$119,000$116/sqft
Source: Space Coast AOR #1072773 Report a problem
6/6/2026	Price change	$119,000-7.8%$116/sqft
Source: Space Coast AOR #1072773 Report a problem
5/18/2026	Price change	$129,000-7.5%$126/sqft
Source: Space Coast AOR #1072773 Report a problem
4/8/2026	Price change	$139,518-2.1%$136/sqft
Source: Space Coast AOR #1072773 Report a problem
3/24/2026	Listed for sale	$142,500+67.8%$139/sqft
Source: Space Coast AOR #1072773 Report a problem
5/26/2017	Sold	$84,900$83/sqft
Source: Space Coast AOR #780797 Report a problem
4/14/2017	Listed for sale	$84,900$83/sqft
Source: Buyers & Sellers Advantage Realty Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,909 -3.6%	$121,070 -13.6%
2024	$1,981 +0.3%	$140,110 -2.9%
2023	$1,975 +18%	$144,280 +23%
2022	$1,673 +5%	$117,300 +23.6%
2021	$1,593 +175.9%	$94,940 +81.5%
2020	$578 +7.8%	$52,320 +2.3%
2019	$536	$51,150 +1.9%
2018	$536 +0.6%	$50,200 -10.1%
2017	$533 -48.7%	$55,810 +8.6%
2016	$1,038 +3.6%	$51,410 +27.1%
2015	$1,002 +15.5%	$40,450 +10%
2014	$868	$36,780
2013	--	$36,780
2012	$605 -20.1%	--
2011	$757 -7.6%	--
2010	$819 -15.1%	--
2009	$964 -44.2%	--
2008	$1,728 +1.2%	--
2007	$1,708 +38.9%	--
2005	$1,230 +24.7%	--
2004	$986 +11%	--
2003	$889 -1.1%	--
2002	$898 +22.3%	--
2001	$735 +4.8%	--
2000	$701	--

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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: 32953

Getting around

66 / 100

Somewhat Walkable

45 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

4/10
Mila Elementary School
Grades: PK-6Distance: 0.5 mi
7/10
Thomas Jefferson Middle School
Grades: 7-8Distance: 1.9 mi
5/10
Merritt Island High School
Grades: PK,9-12Distance: 1.4 mi

Schools provided by the listing agent

Elementary: Mila
Middle: Jefferson
High: Merritt Island

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