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Sold for $1,785,000
  • $1,785,000

    401 S Palm Island Circle, Indian River Shores, FL 32963

    3beds
    2,949sqft
    Single Family Residence
    Built in 2006
    0.28 Acres Lot
    $1,805,600 Zestimate®
    $605/sqft
    $13,576 Estimated rent

    Home value

    $1,805,600

    $1.63M - $2.00M

    $13,576/mo

    Zestimate® history
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    What's special

    Elegant three-bedroom, three-and-a-half-bath courtyard residence with a private cabana, offering exceptional privacy and serene preserve views. Surrounded by mature landscaping, this light-filled home features extensive custom moldings, rich wood floors, impact windows and doors, and an updated kitchen open to the family room. Southern exposure enhances the bright interiors, while the park-like setting at the rear ensures a tranquil retreat. Located in guard-gated Palm Island with a private beach club and refined coastal lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Deborah A Bell 772-473-7255,

    Berkshire Hathaway Florida,

    Steven Glenn Borenz 772-925-9277,

    Berkshire Hathaway Florida

    Bought with:

    NON-MLS MEMBER

    MAR NON MLS MEMBER

    Source: BeachesMLS,MLS#: R11160611MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 3
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    • Area: 345
    • Dimensions: 15 X 23
    Bedroom 2
    • Level: Main
    • Area: 168
    • Dimensions: 12 X 14
    Bedroom 3
    • Level: Main
    • Area: 168
    • Dimensions: 12 X 14
    Dining room
    • Level: Main
    • Area: 180
    • Dimensions: 10 X 18
    Family room
    • Level: Main
    • Area: 352
    • Dimensions: 16 X 22
    Kitchen
    • Level: Main
    • Area: 135
    • Dimensions: 9 X 15
    Living room
    • Level: Main
    • Area: 324
    • Dimensions: 18 X 18
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Heater, Washer
    • Laundry: Laundry Tub
    Features
    • Closet Cabinetry, Central Vacuum, Dual Sinks, Pantry, Split Bedrooms, Walk-In Closet(s)
    • Flooring: Carpet, Marble, Wood
    Interior area
    • Total structure area: 2,949
    • Total interior livable area: 2,949 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Built-in Barbecue, Barbecue, Outdoor Living Area
    • Has private pool: Yes
    • Pool features: Free Form, Other, Association
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Front
    Lot
    • Size: 0.28 Acres
    • Dimensions: 79.0 ft x 165.0 ft
    • Features: 1/4 to 1/2 Acre Lot
    Details
    • Parcel number: 313936000310001000310
    • Zoning: R-1A

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block, Stucco
    Condition
    • Resale
    • New construction: No
    • Year built: 2006

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Available, Water Available

    Community & HOA

    Community
    • Features: Home Owners Association, Gated
    • Security: Gated with Guard, Gated Community, Smoke Detector(s)
    • Subdivision: PALM ISLAND PLANTATION PRD - PLAT 1
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Rights, Clubhouse, Fitness Center, Pool, Spa/Hot Tub
    • Services included: Common Areas, Maintenance Grounds, Recreation Facilities, Security
    • HOA fee: $1,354 monthly
    Location
    • Region: Indian River Shores

    Financial & listing details

    • Price per square foot: $605/sqft
    • Tax assessed value: $1,584,471
    • Annual tax amount: $11,631
    • Date on market: 2/4/2026
    • Cumulative days on market: 6 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    4/6/2026Sold$1,785,000-2.7%$605/sqft
    Source: BeachesMLS #R11160611 Report a problem
    3/10/2026Listed for sale$1,835,000$622/sqft
    Source: BeachesMLS #R11160611 Report a problem
    2/11/2026Pending sale$1,835,000$622/sqft
    Source: BHHS broker feed #R11160611 Report a problem
    2/10/2026Contingent$1,835,000$622/sqft
    Source: Realtor Association of Indian River County #294564 Report a problem
    2/4/2026Listed for sale$1,835,000+57.5%$622/sqft
    Source: BeachesMLS #RX-11160611 Report a problem
    1/7/2021Sold$1,165,000-6.7%$395/sqft
    Source: Realtor Association of Indian River County #225456 Report a problem
    1/6/2021Contingent$1,249,000$424/sqft
    Source: Realtor Association of Indian River County #225456 Report a problem
    10/20/2020Price change$1,249,000-3.8%$424/sqft
    Source: Dale Sorensen Real Estate Inc. #225456 Report a problem
    9/16/2020Price change$1,299,000-3.8%$440/sqft
    Source: Dale Sorensen Real Estate Inc. #225456 Report a problem
    9/3/2020Listed for sale$1,350,000+14.9%$458/sqft
    Source: Dale Sorensen Real Estate Inc. #225456 Report a problem
    6/4/2020Listing removed$1,175,000$398/sqft
    Source: Dale Sorensen Real Estate Inc. #225456 Report a problem
    3/10/2020Price change$1,175,000-3.7%$398/sqft
    Source: Dale Sorensen Real Estate Inc. #225456 Report a problem
    9/6/2019Listed for sale$1,220,000-0.4%$414/sqft
    Source: Dale Sorensen Real Estate Inc. #225456 Report a problem
    7/20/2019Listing removed$1,225,000$415/sqft
    Source: Berkshire Hathaway Florida #217507 Report a problem
    3/8/2019Listed for sale$1,225,000+18.9%$415/sqft
    Source: Berkshire Hathaway Florida #217507 Report a problem
    5/18/2017Sold$1,030,000-13.8%$349/sqft
    Source: Public Record Report a problem
    5/13/2017Pending sale$1,195,000$405/sqft
    Source: Alex MacWilliam, Inc. #161669 Report a problem
    3/22/2016Listed for sale$1,195,000$405/sqft
    Source: Alex MacWilliam, Inc. Real Estate #161669 Report a problem
    10/28/2015Listing removed$1,195,000$405/sqft
    Source: Alex MacWilliam, Inc. Real Estate #161669 Report a problem
    8/12/2015Listed for sale$1,195,000-19%$405/sqft
    Source: Alex MacWilliam, Inc. Real Estate #161669 Report a problem
    5/2/2015Listing removed$10,000$3/sqft
    Source: Cardinal Drive Office #148590 Report a problem
    8/15/2014Listed for rent$10,000$3/sqft
    Source: Cardinal Drive Office #148590 Report a problem
    7/25/2007Sold$1,475,000$500/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,632 +4%$978,518 +2.9%
    2024$11,186 +5%$950,941 +3%
    2023$10,655 +2.5%$923,243 +3%
    2022$10,398 -4.6%$896,352 -0.7%
    2021$10,898 -0.3%$902,282 +1.4%
    2020$10,927 $889,824 +2.3%
    2019$10,927 -1%$869,818 +1.9%
    2018$11,039 +26.2%$853,600 +28.1%
    2017$8,749 $666,611 +2.1%
    2016$8,749 -1.9%$652,900 +0.7%
    2015$8,921 -4%$648,370 +0.8%
    2014$9,292 $643,230 +1.5%
    2013-- $633,730 -2.8%
    2012$9,272 -13.5%$652,150 -13%
    2011$10,713 -7%$749,250 -4.1%
    2010$11,522 +18%$781,400 +14.5%
    2009$9,767 -26.4%$682,460 -30.5%
    2008$13,277 +9.7%$981,560 +14.9%
    2007$12,102 $854,110 +344%
    2006-- $192,380 +68.8%
    2005-- $114,000
    2004-- $114,000
    2003-- $114,000
    Find assessor info on the county website

    Neighborhood: 32963

    Nearby schools

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    Estimated market value
    $1,805,600
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    Estimated market value
    $1,805,600