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For sale
    • Price cut: $4.9K (6/30)
    $275,000

    514 Palm Ave, Merritt Island, FL 32952

    4beds
    1,156sqft
    : 
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    Single Family Residence
    Built in 1959
    7,405 Square Feet Lot
    $271,200 Zestimate®
    $238/sqft
    $-- HOA

    What's special

    Fully fenced yardGranite countersOpen floor planBoth bathrooms remodeledTile floors throughoutScreen enclosed front porchStainless appliances
    Fantastic opportunity to own a remodeled concrete block home in South Merritt Island. Open floor plan and tile floors throughout. Enter though screen enclosed front porch. Large living room opens to remodeled kitchen with wood cabinetry, granite counters and stainless appliances Refrigerator 2024. Room for a café table or butcherblock island. Home can function as a 4 bed/2 bath or 3 bed with extra-large family room (used to have a pool table!). Both bathrooms remodeled. Indoor laundry, washer and dryer included. 2024 HWH. Sliders exit to screen enclosed porch overlooking fully fenced yard. Storage shed on concrete slab. Double gate on west side with large side yard for boat storage. BRAND NEW Interior Electrical panel and Exterior 150 amp Service Panel. AC 2020 on an FPL lease and maintenance program. Excellent Roof 2017. 1 car carport. Peaceful neighborhood close to shops, restaurants, A rated Tropical Elementary, and Jefferson Middle Schools.
    120 days
    |
    676
    |
    79
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Becky Schryer 321-591-8070,

    Pastermack Real Estate

    Source: Space Coast AOR,MLS#: 1071906

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
      • Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
      Features
      • Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Primary Bathroom - Shower No Tub, Split Bedrooms
      • Flooring: Tile
      • Has fireplace: No
      Interior area
      • Total structure area: 1,399
      • Total interior livable area: 1,156 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Attached Carport
      • Carport spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Front Porch, Patio, Porch, Rear Porch, Screened
      • Fencing: Back Yard,Full,Privacy,Wood
      Lot
      • Size: 7,405 Square Feet
      • Dimensions: 76 x 100
      • Features: Other
      Details
      • Additional structures: Shed(s)
      • Additional parcels included: 2427565
      • Parcel number: 243635780000f.00019.00
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Block, Stucco
      • Roof: Shingle
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1959

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Merritt Ridge Sheet 3
      HOA
      • Has HOA: No
      Location
      • Region: Merritt Island

      Financial & listing details

      • Price per square foot: $238/sqft
      • Tax assessed value: $178,020
      • Annual tax amount: $846
      • Date on market: 3/14/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Asphalt

        Estimated market value

        $271,200

        $258,000 - $285,000

        $2,831/mo

        Price history

        DateEventPrice
        6/30/2026Price change$275,000-1.8%$238/sqft
        Source: Space Coast AOR #1071906 Report a problem
        6/23/2026Price change$279,900-1.8%$242/sqft
        Source: Space Coast AOR #1071906 Report a problem
        5/19/2026Price change$285,000-1.7%$247/sqft
        Source: Space Coast AOR #1071906 Report a problem
        5/9/2026Price change$289,900-1.7%$251/sqft
        Source: Space Coast AOR #1071906 Report a problem
        4/13/2026Price change$295,000-1.6%$255/sqft
        Source: Space Coast AOR #1071906 Report a problem
        3/19/2026Price change$299,900-4.8%$259/sqft
        Source: Space Coast AOR #1071906 Report a problem
        3/14/2026Listed for sale$315,000+425%$272/sqft
        Source: Space Coast AOR #1071906 Report a problem
        11/3/2009Sold$60,000-35.1%$52/sqft
        Source: Public Record Report a problem
        11/8/2004Sold$92,500+101.1%$80/sqft
        Source: Public Record Report a problem
        6/14/2002Sold$46,000$40/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$846 +11.2%$47,670 +2.9%
        2024$761 +3.1%$46,330 +3%
        2023$738 +5.6%$44,990 +3%
        2022$699 +1.3%$43,680 +3%
        2021$690 +6%$42,410 +1.4%
        2020$650 +10.6%$41,830 +2.3%
        2019$588 $40,890 +1.9%
        2018$588 +172.6%$40,130 +2.1%
        2017$216 -62%$39,310 +2.1%
        2016$567 +162.9%$38,510 +0.7%
        2015$216 +0.4%$38,250 +0.8%
        2014$215 $37,950 -4.3%
        2013-- $39,650 +7.8%
        2012$209 -27.1%$36,770 -10.6%
        2011$287 -68.2%$41,130 -25.5%
        2010$903 -14.7%$55,210 -19.6%
        2009$1,059 -25.6%$68,710 -25.5%
        2008$1,423 -17.4%$92,200 -18.3%
        2007$1,723 -5.6%$112,900 +30.2%
        2005$1,825 +48.4%$86,690 +30%
        2004$1,229 +10.8%$66,710 +16.9%
        2003$1,110 +15.2%$57,080 +16.5%
        2002$963 -6.6%$49,010 +3.8%
        2001$1,031 +12.3%$47,220 +5.4%
        2000$918 $44,790
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32952

        Getting around

        50 / 100
        Car-Dependent
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Tropical
        • Middle: Jefferson
        • High: Merritt Island

        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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