Charming Barrier Island Haven-Tropical Oasis Retreat. Experience the tranquil luxury of island living with this unique property nestled in a lush, tropical oasis on a coveted barrier island. Boasting exceptional privacy and stunning natural surroundings. This house presents an appealing blend of comfort & style, featuring an open living area, comfortable bedrooms and expansive outdoor spaces for both entertaining and relaxation. Charming 3 bedroom, 1 bath coastal cottage with private solar heated pool. Fully fenced in front and back yard, excellent for safety of children and pets. It has an RV pad with hook ups that can be used as a short term rental property. This property is currently a thriving Airbnb rental loved by all who have visited! I is only a 2 minute walk to beach access!
Sold for $615,500
$615,500
5225 Palm Drive, Melbourne Beach, FL 32951
3beds
912sqft
Single Family Residence
Built in 1982
0.26 Acres Lot
$567,200 Zestimate®
$675/sqft
$2,962 Estimated rent
Home value
$567,200
$533,000 - $601,000
$2,962/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Susan A Ziminsky 772-231-4880,
Coldwell Banker Paradise
Bought with:
Susan A Ziminsky
Coldwell Banker Paradise
Source: BeachesMLS,MLS#: R10902771
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 110
- Dimensions: 11 X 10
Kitchen
- Level: Main
- Area: 72
- Dimensions: 9 X 8
Living room
- Level: Main
- Area: 225
- Dimensions: 15 X 15
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Electric Range
- Laundry: Washer Hookup, Inside, Laundry Closet
Features
- Closet Cabinetry, Family/Dining Room, Kitchen Island, None, Pantry, Storage
- Flooring: Laminate, Vinyl
- Windows: Blinds, Drapes
Interior area
- Total structure area: 1,008
- Total interior livable area: 912 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached Carport, Covered, Parking Pad, RV Access/Parking
- Carport spaces: 2
- Uncovered spaces: 2
- Details: CarportSpaces:2.00
Features
- Levels: One
- Stories: 1
- Entry location: Entry Level Living Area Y
- Patio & porch: Covered, Deck, Open, Patio, Porch, Screened, Balcony
- Exterior features: Balcony, Outdoor Living Area, Porch
- Has private pool: Yes
- Pool features: Gunite, Heated, In Ground, Pool Equipment, Solar Heat
- Fencing: Fenced
- Has view: Yes
- View description: Garden, Pool
- Waterfront features: None
Lot
- Size: 0.26 Acres
- Features: 1/4 to 1/2 Acre Lot, Many Trees, < 1/4 Acre
Details
- Parcel number: 293810gx00002038
- Zoning: RU17
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Pillar/Post/Pier
- Roof: Flat,Other
Condition
- Resale
- New construction: No
- Year built: 1982
Utilities & green energy
- Electric: 3 Phase
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Water Available
Green energy
- Energy generation: Solar
Community & HOA
Community
- Security: None
- Subdivision: New Melbourne Beach
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Melbourne Beach
Financial & listing details
- Price per square foot: $675/sqft
- Tax assessed value: $436,290
- Annual tax amount: $2,829
- Date on market: 7/8/2023
- Cumulative days on market: 9 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2023 | Sold | $615,500-6.6%$675/sqft |
Source:  BeachesMLS #R10902771 Report a problem | ||
| 7/18/2023 | Pending sale | $659,000$723/sqft |
Source:  Realtor Association of Indian River County #269837 Report a problem | ||
| 7/8/2023 | Listed for sale | $659,000+88.3%$723/sqft |
Source: Space Coast AOR #969353 Report a problem | ||
| 11/28/2017 | Listing removed | $2,700$3/sqft |
Source: Dale Sorensen Real Estate, Inc #795633 Report a problem | ||
| 11/14/2017 | Price change | $2,700-10%$3/sqft |
Source: Dale Sorensen Real Estate, Inc #795633 Report a problem | ||
| 10/12/2017 | Sold | $350,000+45.8%$384/sqft |
Source: Public Record Report a problem | ||
| 10/12/2017 | Listed for rent | $3,000+66.7%$3/sqft |
Source: Dale Sorensen Real Estate, Inc #795633 Report a problem | ||
| 5/4/2013 | Listing removed | $1,800$2/sqft |
Source: South Island Real Estate Corp. #663807 Report a problem | ||
| 3/28/2013 | Listed for rent | $1,800-10%$2/sqft |
Source: South Island Real Estate Corp. #663807 Report a problem | ||
| 8/17/2012 | Listing removed | $2,000$2/sqft |
Source: Coville Getz & Company #627852 Report a problem | ||
| 4/19/2012 | Price change | $2,000-9.1%$2/sqft |
Source: Coville Getz & Company #627852 Report a problem | ||
| 11/10/2011 | Listed for rent | $2,200+10%$2/sqft |
Source: Coville Getz & Company #627852 Report a problem | ||
| 4/3/2011 | Listing removed | $2,000$2/sqft |
Source: Coville Getz & Company #579490 Report a problem | ||
| 1/13/2011 | Listed for rent | $2,000$2/sqft |
Source: Coville Getz & Company #579490 Report a problem | ||
| 4/22/2008 | Sold | $240,000$263/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,225 +5% | $423,160 +2.9% |
| 2024 | $4,974 +63.4% | $411,240 +66.9% |
| 2023 | $3,044 +7.6% | $246,330 +3% |
| 2022 | $2,829 -4.1% | $239,160 +3% |
| 2021 | $2,949 -0.2% | $232,200 +0.8% |
| 2020 | $2,954 -14.3% | $230,380 +2.1% |
| 2019 | $3,446 | $225,720 +0.5% |
| 2018 | $3,446 -2% | $224,520 +35.4% |
| 2017 | $3,514 +26.1% | $165,860 +9.5% |
| 2016 | $2,787 +4% | $151,470 +3.9% |
| 2015 | $2,680 +0.7% | $145,790 +3% |
| 2014 | $2,662 | $141,550 +2.9% |
| 2013 | -- | $137,620 -0.7% |
| 2012 | $2,438 -2.1% | $138,560 -2.1% |
| 2011 | $2,492 -10.7% | $141,460 -17.7% |
| 2010 | $2,790 -7.4% | $171,870 -12.7% |
| 2009 | $3,014 +255.4% | $196,850 -16.7% |
| 2008 | $848 -8.9% | $236,200 -5.1% |
| 2007 | $930 -6.9% | $248,900 +43.4% |
| 2005 | $999 -2% | $173,510 +23.3% |
| 2004 | $1,019 -1.8% | $140,690 +25.5% |
| 2003 | $1,038 +3.6% | $112,060 +13% |
| 2002 | $1,002 +2.8% | $99,190 +13.8% |
| 2001 | $974 +8.3% | $87,200 +7.7% |
| 2000 | $899 | $80,930 |
Find assessor info on the county website
Neighborhood: 32951
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Nearby schools
GreatSchools rating
- 10/10Gemini Elementary SchoolGrades: PK-6Distance: 5.5 mi
- 7/10Herbert C. Hoover Middle SchoolGrades: 7-8Distance: 9 mi
- 6/10Melbourne Senior High SchoolGrades: 9-12Distance: 9.8 mi
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Estimated market value
$567,200
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Estimated market value
$567,200
- Florida
- Brevard County
- Melbourne Beach
- 32951
- 5225 Palm Drive
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