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Sold for $2,300,000
    • $2,300,000

    240 Palm Island Ln, Indian River Shores, FL 32963

    3beds
    2,947sqft
    Single Family Residence
    Built in 2020
    0.26 Acres Lot
    $2,134,100 Zestimate®
    $780/sqft
    $17,060 Estimated rent

    Home value

    $2,134,100

    $1.96M - $2.30M

    $17,060/mo

    Zestimate® history
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    What's special

    Gas fireplacePrivate beach clubFitness centerSplit planLush landscaping
    This 2020 crafted 3 ensuite residence in highly desirable Palm Island Planation, is the perfect blend of casual and sophistication. Outstanding craftsmanship, soaring ceilings, split plan, gas fireplace, tones of white create a feeling of serenity and peace. Enjoy the well-appointed kitchen/family and living room all opening to the pool surrounded with lush landscaping. A short walk to the day dock, fitness center and private beach club. A must see!

    Zillow last checked:

    Listing updated:

    Listed by:

    Charlotte N Terry 772-231-6509,

    Alex MacWilliam, Inc.,

    Maria Caldarone 772-713-7139,

    Alex MacWilliam, Inc.

    Bought with:

    Charlotte N Terry, 0140216

    Alex MacWilliam, Inc.

    Maria Caldarone, 3303030

    Alex MacWilliam, Inc.

    Source: Realtor Association of Indian River County,MLS#: 276975MLS 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: 14x11
    Bedroom
    • Dimensions: 17x13
    Dining room
    • Dimensions: 12x16
    Family room
    • Dimensions: 19x18'6'
    Kitchen
    • Dimensions: 10x18
    Laundry
    • Dimensions: 7x7
    Living room
    • Dimensions: 11x22
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Wine Cooler, Washer
    • Laundry: Laundry Room, Laundry Tub
    Features
    • Attic, Bathtub, Closet Cabinetry, Crown Molding, Garden Tub/Roman Tub, High Ceilings, Kitchen Island, Pull Down Attic Stairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), French Door(s)/Atrium Door(s)
    • Flooring: Marble, Tile, Wood
    • Doors: French Doors, Sliding Doors
    • Windows: Tinted Windows
    • Attic: Pull Down Stairs
    • Number of fireplaces: 1
    Interior area
    • Total interior livable area: 2,947 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Porch
    • Exterior features: Fence, Sprinkler/Irrigation, Porch, Rain Gutters, Propane Tank - Owned
    • Has private pool: Yes
    • Pool features: Pool, Private, Community
    • Spa features: Community
    • Has view: Yes
    • View description: Pool
    • Waterfront features: None, Beach Access
    Lot
    • Size: 0.26 Acres
    • Dimensions: 75 x 137
    • Features: 1/4 to 1/2 Acre Lot
    Details
    • Parcel number: 31393600031000100061.0
    • Zoning: ,
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: One Story
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 2020

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Barbecue, Club Membership Available, Clubhouse, Fitness, Other, Sidewalks, Gutter(s), Pool
    • Security: Security System Owned, Gated with Guard, Security Lights
    • Subdivision: Palm Isl Plantation
    HOA
    • Has HOA: Yes
    • Services included: Common Areas, Insurance, Maintenance Grounds, Pool(s), Recreation Facilities, Trash
    • HOA fee: $1,250 monthly
    • HOA name: Elliot Merrill
    Location
    • Region: Indian River Shores

    Financial & listing details

    • Price per square foot: $780/sqft
    • Tax assessed value: $1,235,545
    • Annual tax amount: $14,358
    • Date on market: 4/1/2024
    • Listing terms: Cash,New Loan
    • Ownership: Single Family/Other
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/30/2024Sold$2,300,000-7.8%$780/sqft
    Source: Realtor Association of Indian River County #276975 Report a problem
    5/14/2024Pending sale$2,495,000$847/sqft
    Source: Realtor Association of Indian River County #276975 Report a problem
    4/16/2024Contingent$2,495,000$847/sqft
    Source: Realtor Association of Indian River County #276975 Report a problem
    4/2/2024Listed for sale$2,495,000+72.1%$847/sqft
    Source: Realtor Association of Indian River County #276975 Report a problem
    5/14/2021Sold$1,450,000$492/sqft
    Source: Realtor Association of Indian River County #239704 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$23,545 +56.2%$1,972,810 +55%
    2024$15,070 +5%$1,272,611 +3%
    2023$14,358 +2.4%$1,235,545 +3%
    2022$14,017 +507.9%$1,199,558 +471.2%
    2021$2,306 +2.2%$210,002
    2020$2,257 $210,002 -4.4%
    2019$2,257 -2.3%$219,694 +9.7%
    2018$2,310 +7.8%$200,310
    2017$2,143 $200,310 +55%
    2016$2,143 +30.3%$129,230 +42.9%
    2015$1,645 +21%$90,460 +6.2%
    2014$1,359 $85,140 +5.3%
    2013-- $80,880 -12.5%
    2012$1,381 +0.1%$92,440
    2011$1,380 -20%$92,440 -20%
    2010$1,725 -16%$115,550 -20%
    2009$2,053 -28.6%$144,440 -32.4%
    2008$2,877 +32.5%$213,770 +35.3%
    2007$2,172 $158,040 -9.4%
    2006-- $174,460 +68.7%
    2005-- $103,390
    2004-- $103,390
    2003-- $103,390
    Find assessor info on the county website

    Neighborhood: 32963

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    Estimated market value
    $2,134,100
    Get a cash offer in 3 minutes
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    Estimated market value
    $2,134,100

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