Skip main navigation
Sold for $7,500,000
    • $7,500,000

    520 Coconut Palm Rd, Indian River Shores, FL 32963

    --beds
    0baths
    1.18Acres
    Unimproved Land
    Built in ----
    1.18 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more
    Refinance and save

    $50,988/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $50,988/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Amazing riverfront lot in John's Island

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael T Merrill 772-763-1500,

    Douglas Elliman Florida LLC

    Bought with:

    Michael T Merrill, 3254788

    Douglas Elliman Florida LLC

    Source: Realtor Association of Indian River County,MLS#: 278119MLS LogoOriginating MLS: Indian River

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Features
    • Pool features: Community
    • Has view: Yes
    • View description: River
    • Has water view: Yes
    • Water view: River
    • Waterfront features: Intracoastal Access, River Front, Beach Access
    • Frontage length: 213
    Lot
    • Size: 1.18 Acres
    • Features: 1-3 Acres, On Golf Course
    Details
    • Parcel number: 32391200004000000026.0
    • Zoning: ,
    • Zoning description: Residential

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Club Membership Available, Clubhouse, Curbs, Fitness, Golf, Pickleball, Pool, Storm Drain(s), Tennis Court(s)
    • Security: Gated with Guard, Security Guard
    • Subdivision: John's Island
    HOA
    • Has HOA: Yes
    • Services included: Common Areas, Security
    • HOA fee: $3,239 monthly
    • HOA name: JIPOA
    Location
    • Region: Indian River Shores

    Financial & listing details

    • Tax assessed value: $6,385,526
    • Annual tax amount: $75,517
    • Date on market: 5/8/2024
    • Listing terms: Cash
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/29/2024Sold$7,500,000
    Source: Realtor Association of Indian River County #278119 Report a problem
    5/8/2024Pending sale$7,500,000
    Source: Douglas Elliman #278119 Report a problem
    5/8/2024Contingent$7,500,000
    Source: Realtor Association of Indian River County #278119 Report a problem
    5/8/2024Price change$7,500,000-52.8%
    Source: Realtor Association of Indian River County #278119 Report a problem
    5/7/2024Listed for sale$15,900,000
    Source: Realtor Association of Indian River County #274582 Report a problem
    5/7/2024Contingent$15,900,000
    Source: Realtor Association of Indian River County #274582 Report a problem
    1/23/2024Listed for sale$15,900,000
    Source: Realtor Association of Indian River County #274582 Report a problem
    11/7/2023Listing removed--
    Source: Realtor Association of Indian River County #268273 Report a problem
    5/5/2023Price change$15,900,000+100%
    Source: Realtor Association of Indian River County #268273 Report a problem
    1/10/2023Listed for sale$7,950,000+189.1%
    Source: Realtor Association of Indian River County #265217 Report a problem
    4/7/1999Sold$2,750,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$75,517 -22%$6,385,526 -21.5%
    2024$96,876 +52.4%$8,132,365 +49.4%
    2023$63,548 -7.7%$5,444,621 -6.6%
    2022$68,846 +38.4%$5,830,877 +44%
    2021$49,760 -0.4%$4,049,873 +1.4%
    2020$49,946 $3,993,958 +2.3%
    2019$49,946 -1.1%$3,904,162 +1.9%
    2018$50,521 -0.5%$3,831,366 +2.1%
    2017$50,757 $3,752,563 +2.1%
    2016$50,757 -2.1%$3,675,380 +0.7%
    2015$51,839 -4%$3,649,840 +0.8%
    2014$54,003 $3,620,880 +0.7%
    2013-- $3,594,820 -0.4%
    2012$53,037 -6.2%$3,608,040 -6.2%
    2011$56,520 -8.3%$3,846,260 -8.3%
    2010$61,666 +7.9%$4,194,900 +2.7%
    2009$57,161 +5.8%$4,084,620 +0.1%
    2008$54,037 +0.6%$4,080,540 +4.5%
    2007$53,720 $3,903,320 -6.9%
    2006-- $4,194,180 +11%
    2005-- $3,777,540
    2004-- $3,777,540 -2.6%
    2003-- $3,877,590
    Find assessor info on the county website

    Neighborhood: 32963

    Nearby homes

    Nearby schools

    GreatSchools rating

    Nearby cities

    Nearby zip codes

    Other Indian River Shores Topics

      Search
      Updates
      Favorites
      Plan
      Inbox