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Sold for $3,150,000
  • $3,150,000

    520 Palm Island Ln, Indian River Shores, FL 32963

    4beds
    4,150sqft
    Single Family Residence
    Built in 2016
    0.5 Acres Lot
    $3,174,100 Zestimate®
    $759/sqft
    $24,267 Estimated rent

    Home value

    $3,174,100

    $2.82M - $3.55M

    $24,267/mo

    Zestimate® history
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    What's special

    This masterfully built, turn-key designer-appointed newer residence embodies timeless elegance and modern refinement. Custom marble flooring with precision-matched veining, exceptional millwork, and expansive walls of impact glass define luminous interiors that transition seamlessly to an expansive outdoor sanctuary. A grand enclosed lanai w/fireplace and screens overlook a resort-style pool w/an oversized sunshelf. The chef’s kitchen is appointed w/Miele appliances and marble surfaces. A serene primary suite, elegant guest en-suites, and a refined office complete this distinguished offering.

    Zillow last checked:

    Listing updated:

    Listed by:

    Luke Webb 772-222-4648,

    Luke D Webb Real Estate Inc

    Bought with:

    Talle L Genoni, 0674912

    One Sotheby's Int'l Realty

    Source: Realtor Association of Indian River County,MLS#: 296239MLS LogoOriginating MLS: Indian River

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 3
    • 1/2 bathrooms: 2
    Bedroom
    • Dimensions: 18x12
    Bedroom
    • Dimensions: 17x16
    Bedroom
    • Dimensions: 15x13
    Bedroom
    • Dimensions: 14x13
    Dining room
    • Dimensions: 15x13
    Family room
    • Dimensions: 18x17
    Kitchen
    • Dimensions: 17x17
    Living room
    • Dimensions: 18x17
    Loft
    • Dimensions: 16x14
    Heating
    • Multiple Heating Units
    Cooling
    • 3+ Units
    Appliances
    • Included: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Range, Refrigerator, Wine Cooler, Water Purifier, Washer
    • Laundry: Lower Level, Laundry Room, Laundry Tub
    Features
    • Wet Bar, Closet Cabinetry, Crown Molding, Kitchen Island, Primary Downstairs, Pantry, Walk-In Closet(s), Central Vacuum
    • Flooring: Carpet, Marble, Wood
    • Doors: Sliding Doors
    • Windows: Blinds
    • Number of fireplaces: 1
    Interior area
    • Total interior livable area: 4,150 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Driveway, Garage
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Patio, Porch, Screened
    • Exterior features: Balcony, Sprinkler/Irrigation, Porch, Patio, Rain Gutters, Propane Tank - Owned
    • Has private pool: Yes
    • Pool features: Gas Heat, Heated, Pool, Private, Community
    • Has view: Yes
    • View description: Garden, Pool, Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Beach Access
    Lot
    • Size: 0.5 Acres
    • Dimensions: 120 x 179
    • Features: 1/2 to 1 Acre Lot
    Details
    • Parcel number: 31393600031000200013.0
    • Zoning: ,
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Two Story
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete, Stucco
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 2016

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Club Membership Available, Clubhouse, Fitness, Other, Pool, Water Access, Gutter(s)
    • Security: Gated with Guard
    • Subdivision: Palm Isl Plantation
    HOA
    • Has HOA: Yes
    • Amenities included: Dues Paid Quarterly
    • Services included: Common Areas, Maintenance Grounds, Pest Control, Pool(s), Recreation Facilities, Security, Trash
    • HOA fee: $1,433 monthly
    • HOA name: Elliott Merrill
    Location
    • Region: Indian River Shores

    Financial & listing details

    • Price per square foot: $759/sqft
    • Tax assessed value: $2,383,471
    • Annual tax amount: $11,792
    • Date on market: 3/31/2026
    • Listing terms: Cash,New Loan
    • Ownership: Single Family/Other

    Price history

    DateEventPrice
    5/21/2026Sold$3,150,000-6.7%$759/sqft
    Source: Realtor Association of Indian River County #296239 Report a problem
    4/17/2026Pending sale$3,375,000$813/sqft
    Source: Realtor Association of Indian River County #296239 Report a problem
    4/7/2026Contingent$3,375,000$813/sqft
    Source: Realtor Association of Indian River County #296239 Report a problem
    4/6/2026Listed for sale$3,375,000+23.9%$813/sqft
    Source: Realtor Association of Indian River County #296239 Report a problem
    4/14/2022Sold$2,725,000+9.2%$657/sqft
    Source: Realtor Association of Indian River County #250094 Report a problem
    1/14/2022Pending sale$2,495,000$601/sqft
    Source: Realtor Association of Indian River County #250094 Report a problem
    1/10/2022Listed for sale$2,495,000+42.6%$601/sqft
    Source: Realtor Association of Indian River County #250094 Report a problem
    7/6/2020Sold$1,750,000-12.3%$422/sqft
    Source: Realtor Association of Indian River County #226953 Report a problem
    7/6/2020Listed for sale$1,995,000$481/sqft
    Source: Premier Estate Properties #226953 Report a problem
    5/20/2020Pending sale$1,995,000$481/sqft
    Source: Premier Estate Properties #226953 Report a problem
    11/1/2019Listed for sale$1,995,000+454.2%$481/sqft
    Source: Premier Estate Properties #226953 Report a problem
    3/5/2015Sold$360,000+44%$87/sqft
    Source: Public Record Report a problem
    2/7/2005Sold$250,000$60/sqft
    Source: Public Record Report a problem
    8/6/2003Sold$250,000$60/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$22,484 +3.1%$1,884,218 +2.9%
    2024$21,814 +4.9%$1,831,115 +3%
    2023$20,789 +78%$1,777,782 +76.2%
    2022$11,677 -1%$1,009,010 +3%
    2021$11,792 -37.9%$979,621 -34.2%
    2020$19,000 $1,489,517 -6.5%
    2019$19,000 -9.6%$1,593,739 +6.8%
    2018$21,026 +6.1%$1,492,620
    2017$19,811 $1,492,620 +470.8%
    2016$19,811 +429%$261,490 +42.9%
    2015$3,745 +36.2%$183,040 +6.2%
    2014$2,750 $172,280 +5.9%
    2013-- $162,650
    2012$2,430 +0.1%$162,650
    2011$2,428 -20%$162,650 -20%
    2010$3,034 -16%$203,310 -20%
    2009$3,613 -28.6%$254,140 -32.4%
    2008$5,062 +32.5%$376,120 +35.3%
    2007$3,821 $278,080 -9.4%
    2006-- $306,970 +42.1%
    2005-- $216,010
    2004-- $216,010 +18.7%
    2003-- $181,910
    Find assessor info on the county website

    Neighborhood: 32963

    Nearby schools

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    Estimated market value
    $3,174,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,174,100