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Sold for $1,100,000
  • $1,100,000

    5065 N Highway 1, Palm Shores, FL 32940

    2beds
    1,703sqft
    Single Family Residence
    Built in 2012
    0.28 Acres Lot
    $1,041,700 Zestimate®
    $646/sqft
    $2,887 Estimated rent

    Home value

    $1,041,700

    $969,000 - $1.11M

    $2,887/mo

    Zestimate® history
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    What's special

    Gas fireplaceWaterfront homeRecently built garageNew boat liftDetached officeSturdy constructionMaster bedroom
    This beautiful, direct Intracoastal Waterway home offers the perfect combination of luxury, safety, & outdoor living. Built in 2012, this stunning home was meticulously designed with hurricane specifications in mind. From hurricane-rated doors & windows to its sturdy construction on 25 concrete pilings, this home is built to withstand even the harshest weather conditions. Situated on a spacious .28-acre lot, this property boasts a 210-foot dock complete with a cabana & new boat lift, allowing you to easily access the beautiful waterways. One of the standout features of this property is its breathtaking waterfront views, which can be enjoyed from virtually every room. The bright, open floor plan creates a welcoming atmosphere, complemented by the exquisite Machiato Pecan flooring. See More The kitchen is a chef's dream, boasting high-end appliances, walnut and granite countertops, and custom cabinetry. The master bedroom is oversized & features a luxurious master bath. Equipped with an oversized tile shower, heated floor tiles, a soaker tub, & an abundance of natural light, this master bath offers a spa-like experience.The property also includes a detached office or workshop, providing additional space for work or hobbies. The recently built garage, designed in 2019, adds convenience & functionality to this already impressive home. Outside, you'll find over 2800 sq ft of outdoor space, perfect for entertaining or simply taking in the stunning surroundings. An outdoor shower, a paver driveway and walkway, as well as a large wood picnic table with a gas fireplace added to the cabana in 2021, complete the outdoor amenities.'||chr(10)||'Other notable features of this home include hurricane-rated doors and windows, a state-of-the-art septic system, a portable generator hookup, and two independent HVAC systems. With meticulous attention to detail and top-of-the-line finishes throughout, this waterfront home truly offers the epitome of luxury living.'||chr(10)||'

    Zillow last checked:

    Listing updated:

    Listed by:

    Gina Dalley McTernan,

    RE/MAX Solutions

    Bought with:

    Non-Member Non-Member Out Of Area, nonmls

    Non-MLS or Out of Area

    Source: Space Coast AOR,MLS#: 972544

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Lower
    • Area: 151.2
    • Dimensions: 12.00 x 12.60
    Bedroom 2
    • Level: First
    • Area: 121.1
    • Dimensions: 10.00 x 12.11
    Kitchen
    • Level: Lower
    • Area: 155.04
    • Dimensions: 13.60 x 11.40
    Living room
    • Level: Lower
    • Area: 208.64
    • Dimensions: 16.30 x 12.80
    Heating
    • Central, Electric, Zoned
    Cooling
    • Central Air, Electric, Zoned
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
    Features
    • Breakfast Bar, Built-in Features, Ceiling Fan(s), Open Floorplan, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
    • Flooring: Tile, Wood
    • Has fireplace: No
    Interior area
    • Total structure area: 1,847
    • Total interior livable area: 1,703 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Garage Door Opener
    • Garage spaces: 2
    Accessibility
    • Accessibility features: Grip-Accessible Features
    Features
    • Levels: Two
    • Patio & porch: Deck, Patio, Porch, Wrap Around
    • Exterior features: Balcony, Fire Pit, Outdoor Shower, Boat Lift
    • Pool features: None
    • Has view: Yes
    • View description: River, Water, Intracoastal
    • Has water view: Yes
    • Water view: River,Water,Intracoastal
    • Waterfront features: River Front, Seawall
    • Body of water: Indian River
    Lot
    • Size: 0.28 Acres
    Details
    • Additional structures: Boat House, Workshop
    • Additional parcels included: 2609658
    • Parcel number: 263730Dt00000.00009.06
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Fiber Cement
    • Roof: Metal,Shingle
    Condition
    • New construction: No
    • Year built: 2012

    Utilities & green energy

    • Electric: Whole House Generator
    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Natural Gas Connected
    Green energy
    • Energy efficient items: Thermostat, Windows
    • Water conservation: Low-Flow Fixtures

    Community & HOA

    Community
    • Security: Security System Leased, Security System Owned
    • Subdivision: Honeybrook Plantation
    HOA
    • Has HOA: No
    • Amenities included: Boat Dock
    • HOA name: HONEYBROOK PLANTATION
    Location
    • Region: Palm Shores

    Financial & listing details

    • Price per square foot: $646/sqft
    • Tax assessed value: $846,510
    • Annual tax amount: $5,579
    • Date on market: 8/25/2023
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    10/31/2023Sold$1,100,000-12%$646/sqft
    Source: Space Coast AOR #972544 Report a problem
    10/23/2023Pending sale$1,250,000$734/sqft
    Source: Space Coast AOR #972544 Report a problem
    9/8/2023Contingent$1,250,000$734/sqft
    Source: Space Coast AOR #972544 Report a problem
    8/25/2023Listed for sale$1,250,000+92.6%$734/sqft
    Source: Space Coast AOR #972544 Report a problem
    3/29/2018Sold$649,000-7.3%$381/sqft
    Source: Space Coast AOR #789852 Report a problem
    3/1/2018Pending sale$699,900$411/sqft
    Source: RE/MAX Alternative Realty #789852 Report a problem
    1/15/2018Listed for sale$699,900$411/sqft
    Source: RE/MAX Alternative Realty #789852 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$452 -95.7%$846,510 -2.7%
    2024$10,563 +75.7%$870,390 +70.5%
    2023$6,012 +7.7%$510,550 +3%
    2022$5,579 -5.3%$495,680 +3%
    2021$5,893 -0.1%$481,250 +1.4%
    2020$5,900 -19.4%$474,610 -10.2%
    2019$7,317 $528,230 +142.5%
    2018$7,317 +169.5%$217,840 +2.1%
    2017$2,714 -1.3%$213,360 +11.5%
    2016$2,750 +8.2%$191,310 +0.7%
    2015$2,542 -3.8%$189,990 +0.8%
    2014$2,641 $188,490 -1%
    2013-- $190,380 +44.9%
    2012$1,599 -6.5%$131,380 -7.6%
    2011$1,709 +46.1%$142,240 +3%
    2010$1,170 -55.3%$138,100 -21.1%
    2009$2,620 -19.2%$174,960 -18.9%
    2008$3,242 -5.5%$215,700 -6.7%
    2007$3,432 +56.8%$231,100 +82.2%
    2005$2,189 +25.7%$126,830 +33.4%
    2004$1,742 +9.3%$95,050 +6.7%
    2003$1,594 +4.7%$89,100 +4.7%
    2002$1,523 +7.2%$85,140 +6.6%
    2001$1,421 $79,880
    Find assessor info on the county website

    Neighborhood: 32940

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Creel
    • Middle: DeLaura
    • High: Satellite

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

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    Estimated market value
    $1,041,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,041,700