Expansive water views take center stage from this meticulously appointed 4BR/4.5BA, Mediterranean-influenced "smart home" unique to John's Island. Lush landscaping creates intimate settings for indoor/outdoor living areas including the outdoor fireplace, swimming pool with fountain and spa, and Ipe dock - perfect for watching brilliant sunsets or the passing dolphin or manatee. Designed by Harry Gandy Howle Architects and built by Croom Construction, this gorgeous 5,394+/- GSF residence is adorned with a striking French Provencal barrel tile roof, copper gutters, custom steel and glass entry door, wide plank wood floors, antique cut limestone paving, hand-hewn beams, and custom millwork. The gourmet kitchen is a chef's delight with premium appliances and opens onto the dining area and family room with fireplace. Two guest suites, a half bath and laundry room complete the main level. The upper level features a generous master suite complete with luxurious bathroom, walk-in closets, a guest bedroom with full bath and gracious balconies providing sensational water views. Enjoy year-round comfort in the loggia with electric roll-down screens as well as direct access to the Intracoastal Waterway.
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Sold for $10,135,000
$10,135,000
331 Palmetto Point, Indian River Shores, FL 32963
4beds
5,394sqft
SingleFamily
Built in 1978
0.57 Acres Lot
$10,271,700 Zestimate®
$1,879/sqft
$69,293 Estimated rent
Home value
$10,271,700
$8.53M - $12.33M
$69,293/mo
Zestimate® history
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Forced air
Features
- Flooring: Tile, Other, Concrete
- Has fireplace: Yes
Interior area
- Total interior livable area: 5,394 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Stucco, Cement / Concrete
- Has spa: Yes
Lot
- Size: 0.57 Acres
Details
- Parcel number: 324018000020000002130
Construction
Type & style
- Home type: SingleFamily
Materials
- wood frame
- Foundation: Slab
- Roof: Tile
Condition
- Year built: 1978
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $20 monthly
Location
- Region: Indian River Shores
Financial & listing details
- Price per square foot: $1,879/sqft
- Tax assessed value: $8,292,111
- Annual tax amount: $86,120
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2025 | Sold | $10,135,000+89.4%$1,879/sqft |
Source: Public Record Report a problem | ||
| 5/15/2019 | Sold | $5,350,000-10.1%$992/sqft |
Source: Public Record Report a problem | ||
| 3/8/2019 | Pending sale | $5,950,000$1,103/sqft |
Source: John's Island Real Estate Company Report a problem | ||
| 4/27/2018 | Listed for sale | $5,950,000-9.2%$1,103/sqft |
Source: John's Island Real Estate Company Report a problem | ||
| 5/13/2017 | Listing removed | $6,550,000$1,214/sqft |
Source: John's Island Real Estate Company Report a problem | ||
| 2/20/2017 | Price change | $6,550,000-3.7%$1,214/sqft |
Source: John's Island Real Estate Company Report a problem | ||
| 2/13/2016 | Price change | $6,800,000-5.6%$1,261/sqft |
Source: John's Island Real Estate Company Report a problem | ||
| 10/27/2015 | Listed for sale | $7,200,000+132.3%$1,335/sqft |
Source: John's Island Real Estate Company Report a problem | ||
| 12/11/2007 | Sold | $3,100,000$575/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $86,120 +3.7% | $6,264,871 -24.6% |
| 2024 | $83,068 +11.3% | $8,313,030 +11.1% |
| 2023 | $74,605 +21.4% | $7,479,128 +33% |
| 2022 | $61,446 +15.8% | $5,623,314 +31.4% |
| 2021 | $53,055 -4.9% | $4,278,991 -3.2% |
| 2020 | $55,765 | $4,418,748 +68.8% |
| 2019 | $55,765 +65.2% | $2,617,612 +1.9% |
| 2018 | $33,752 -0.4% | $2,568,804 +2.1% |
| 2017 | $33,901 | $2,515,968 +2.1% |
| 2016 | $33,901 -2.1% | $2,464,220 +0.7% |
| 2015 | $34,617 -4% | $2,447,100 +0.8% |
| 2014 | $36,061 | $2,427,680 +1.5% |
| 2013 | -- | $2,391,810 +57.4% |
| 2012 | $22,074 -3.3% | $1,520,000 -1.1% |
| 2011 | $22,832 -35.9% | $1,536,410 -36% |
| 2010 | $35,612 +9.8% | $2,399,890 +4.6% |
| 2009 | $32,434 +8.1% | $2,294,970 +2.3% |
| 2008 | $30,013 +179.7% | $2,243,750 +3.6% |
| 2007 | $10,730 | $2,166,380 -8% |
| 2006 | -- | $2,355,770 +17.2% |
| 2005 | -- | $2,010,750 |
| 2004 | -- | $2,010,750 -2.4% |
| 2003 | -- | $2,060,750 |
Find assessor info on the county website
Neighborhood: 32963
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Nearby schools
GreatSchools rating
- 7/10Beachland Elementary SchoolGrades: PK-5Distance: 3.4 mi
- 7/10Gifford Middle SchoolGrades: 6-8Distance: 2.6 mi
- 5/10Vero Beach High SchoolGrades: 9-12Distance: 5.3 mi
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Estimated market value
$10,271,700
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Estimated market value
$10,271,700
- Florida
- Indian River County
- Indian River Shores
- 32963
- 331 Palmetto Point
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