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Under contract
  • $2,195,000

    221 Palm Island Ln, Indian River Shores, FL 32963

    4beds
    3,398sqft
    : 
    $14,816/mo
    Get pre-qualified
    Single Family Residence
    Built in 2020
    0.29 Acres Lot
    $-- Zestimate®
    $646/sqft
    $1,354/mo HOA

    What's special

    Impeccably designed in guard-gated Palm Island Plantation. Showcasing exquisite craftsmanship, this 4 bed/4.5 bath 2020 home features an open floor plan w/ vaulted/beamed ceilings, wide-plank wood floors & crown molding throughout, gas fireplace & built-ins. The chef’s kitchen is complete w/ marble counters, custom cabinetry & luxe appliances. The owner’s suite is secluded in its own wing w/ spa-like bath & walk-in closet, while the private courtyard features summer kitchen, pool, & outdoor fireplace. Residents enjoy private oceanside club w/ pool, westside clubhouse w/ pool & fitness center.
    311 days
    |
    49
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Cindy J O'Dare 772-713-5899,

    One Sotheby's Int'l Realty,

    Richard D Boga 772-559-4800,

    One Sotheby's Int'l Realty

    Source: Realtor Association of Indian River County,MLS#: 292033MLS LogoOriginating MLS: Indian River

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Bedroom
      • Dimensions: 17X15
      Bedroom
      • Dimensions: 15X12
      Bedroom
      • Dimensions: 13X12
      Bedroom
      • Dimensions: 13X12
      Dining room
      • Dimensions: 20X12
      Kitchen
      • Dimensions: 20X11
      Living room
      • Dimensions: 20X20
      Heating
      • Central
      Cooling
      • Central Air, 3+ Units
      Appliances
      • Included: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Wine Cooler, Water Purifier, Washer
      • Laundry: Lower Level, Laundry Room, Laundry Tub
      Features
      • Closet Cabinetry, Crown Molding, High Ceilings, Kitchen Island, Primary Downstairs, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), French Door(s)/Atrium Door(s)
      • Flooring: Tile, Wood
      • Doors: French Doors, Sliding Doors
      • Windows: Blinds
      • Number of fireplaces: 2
      Interior area
      • Total interior livable area: 3,398 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, Barbecue, Sprinkler/Irrigation, Outdoor Kitchen, Porch, Patio, Propane Tank - Owned
      • Has private pool: Yes
      • Pool features: Pool, Private, Community
      • Spa features: Community
      • Has view: Yes
      • View description: Garden, Pool
      • Waterfront features: None, Beach Access
      Lot
      • Size: 0.29 Acres
      • Dimensions: 110 x 139
      • Features: 1/4 to 1/2 Acre Lot
      Details
      • Parcel number: 31393600031000100021.0
      • 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: 2020

      Utilities & green energy

      • Sewer: County Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Barbecue, Club Membership Available, Clubhouse, Fitness, Other, Pool
      • Security: Gated with Guard
      • Subdivision: Palm Isl Plantation
      HOA
      • Has HOA: Yes
      • Amenities included: Dues Paid Quarterly
      • Services included: Common Areas, Maintenance Grounds, Pool(s), Recreation Facilities, Security
      • HOA fee: $1,354 monthly
      • HOA name: Elliott Merrill
      Location
      • Region: Indian River Shores

      Financial & listing details

      • Price per square foot: $646/sqft
      • Tax assessed value: $1,583,569
      • Annual tax amount: $18,825
      • Date on market: 10/20/2025
      • Listing terms: Cash,New Loan
      • Ownership: Single Family/Other

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/21/2026Contingent$2,195,000$646/sqft
        Source: Realtor Association of Indian River County #292033 Report a problem
        3/24/2026Price change$2,195,000-6.6%$646/sqft
        Source: Realtor Association of Indian River County #292033 Report a problem
        1/19/2026Price change$2,350,000-4.1%$692/sqft
        Source: Realtor Association of Indian River County #292033 Report a problem
        10/27/2025Listed for sale$2,450,000-5.6%$721/sqft
        Source: Realtor Association of Indian River County #292033 Report a problem
        10/7/2025Listing removed$2,595,000$764/sqft
        Source: Realtor Association of Indian River County #291130 Report a problem
        9/16/2025Listed for sale$2,595,000$764/sqft
        Source: Realtor Association of Indian River County #291130 Report a problem
        9/15/2025Listing removed$2,595,000$764/sqft
        Source: Realtor Association of Indian River County #285196 Report a problem
        2/7/2025Listed for sale$2,595,000+8.4%$764/sqft
        Source: Realtor Association of Indian River County #285196 Report a problem
        11/30/2023Sold$2,395,000$705/sqft
        Source: Realtor Association of Indian River County #271693 Report a problem
        10/11/2023Pending sale$2,395,000$705/sqft
        Source: BeachesMLS #RX-10922570 Report a problem
        10/1/2023Contingent$2,395,000$705/sqft
        Source: Realtor Association of Indian River County #271693 Report a problem
        9/26/2023Listed for sale$2,395,000+49.4%$705/sqft
        Source: Realtor Association of Indian River County #271693 Report a problem
        2/12/2021Sold$1,603,000$472/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$19,432 +3.2%$1,629,492 +2.9%
        2024$18,825 +5.2%$1,583,569 +2.1%
        2023$17,894 +13.3%$1,550,255 +18.2%
        2022$15,798 +5.8%$1,311,291 +7.9%
        2021$14,933 +527%$1,215,194 +448.5%
        2020$2,382 $221,556 -4.4%
        2019$2,382 -2.3%$231,781 +9.7%
        2018$2,438 +7.8%$211,330
        2017$2,261 $211,330 +55%
        2016$2,261 +30.3%$136,340 +42.9%
        2015$1,736 +21%$95,440 +6.2%
        2014$1,434 $89,830 +5.3%
        2013-- $85,330 -12.5%
        2012$1,457 +0.1%$97,530
        2011$1,456 -20%$97,530 -20%
        2010$1,819 -16%$121,910 -20%
        2009$2,166 -28.7%$152,380 -32.4%
        2008$3,036 +32.5%$225,530 +35.3%
        2007$2,291 $166,740 -9.4%
        2006-- $184,060 +43.4%
        2005-- $128,320
        2004-- $128,320
        2003-- $128,320
        Find assessor info on the county website

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        Climate risks

        Neighborhood: 32963

        Getting around

        3 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        Nearby schools

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