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Sold for $997,000
  • $997,000

    5250 Palm Dr, Melbourne Beach, FL 32951

    3beds
    1,823sqft
    Single Family Residence
    Built in 2023
    7,405 Square Feet Lot
    $976,500 Zestimate®
    $547/sqft
    $4,132 Estimated rent

    Home value

    $976,500

    $918,000 - $1.04M

    $4,132/mo

    Zestimate® history
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    What's special

    High end finishesBeach landingPool bathOpen floor planSound systemOutdoor kitchenVaulted ceilings
    BRAND NEW Custom Built energy efficient home, a rare opportunity for the discerning buyer, fully upgraded with high end finishes and ready to move in! Steps away from the private tree lined beach access, perfect for watching the nesting sea turtles and space launches! The main house boasts an open floor plan with the family room offering a wood inlay tray ceiling. The designer kitchen is equipped with an oversized THOR induction oven, and a fully vented range hood. An impressive owner's suite is inclusive of a zero entry shower with dual shower heads and a large walk-in closet with custom built-ins. The separate cabana house offers vaulted ceilings, a pool bath and a kitchenette making it ideal for guests, multi-generational living or an additional home office. An entertainer's dream includes an outdoor kitchen, sound system, pool with beach landing, outdoor shower and tropical landscaping all make for a true oasis. Impact glass throughout, a standing seam galv aluminum metal roof and a one year builder's home warranty. Start living your beachside dream today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristen Krusell 321-292-4642,

    Banana River Realty

    Bought with:

    Kristen Krusell, 3458876

    Banana River Realty

    Source: Space Coast AOR,MLS#: 972043

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
    Features
    • Ceiling Fan(s), Kitchen Island, Pantry, Split Bedrooms, Walk-In Closet(s)
    • Flooring: Tile
    • Has fireplace: No
    Interior area
    • Total structure area: 2,892
    • Total interior livable area: 1,823 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Patio & porch: Patio
    • Exterior features: Outdoor Kitchen, Outdoor Shower
    • Has private pool: Yes
    • Pool features: In Ground, Salt Water
    • Fencing: Fenced,Vinyl
    • Has view: Yes
    • View description: Pool
    • Waterfront features: Ocean Access
    Lot
    • Size: 7,405 Square Feet
    • Features: Dead End Street, Sprinklers In Front, Sprinklers In Rear
    Details
    • Additional parcels included: 2953558
    • Parcel number: 293810GX114
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete, Stucco
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 2023

    Utilities & green energy

    • Electric: Whole House Generator
    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Cable Available, Electricity Connected

    Community & HOA

    Community
    • Subdivision: New Melbourne Beach
    HOA
    • Has HOA: No
    Location
    • Region: Melbourne Beach

    Financial & listing details

    • Price per square foot: $547/sqft
    • Tax assessed value: $677,670
    • Annual tax amount: $2,319
    • Date on market: 9/11/2023
    • Listing terms: Cash,Conventional
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    10/10/2023Sold$997,000$547/sqft
    Source: Space Coast AOR #972043 Report a problem
    10/2/2023Contingent$997,000$547/sqft
    Source: Space Coast AOR #972043 Report a problem
    9/11/2023Listed for sale$997,000-13.3%$547/sqft
    Source: Space Coast AOR #972043 Report a problem
    9/6/2023Contingent$1,150,000$631/sqft
    Source: Space Coast AOR #972043 Report a problem
    8/9/2023Listed for sale$1,150,000+820%$631/sqft
    Source: Space Coast AOR #972043 Report a problem
    2/9/2021Sold$125,000+400%$69/sqft
    Source: Public Record Report a problem
    2/12/2010Sold$25,000-13.8%$14/sqft
    Source: Public Record Report a problem
    1/11/2000Sold$29,000$16/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,319 +8.3%$168,130 +2.9%
    2024$2,140 +26.1%$163,400 +39.7%
    2023$1,697 +37.9%$117,000 +11.4%
    2022$1,231 +67.6%$105,000 +84.2%
    2021$734 -5.1%$57,000 -2.6%
    2020$774 -3.2%$58,500
    2019$800 $58,500
    2018$800 -2.8%$58,500 +300%
    2017$823 -4.3%$14,625 -75%
    2016$860 -4.7%$58,500
    2015$903 -6.3%$58,500
    2014$963 $58,500 -18.8%
    2013-- $72,000 -11.1%
    2012$1,425 -35.5%$81,000 -43.8%
    2008$2,209 +0.9%$144,000
    2007$2,190 +155%$144,000 +195.7%
    2005$859 +22.1%$48,690 +30%
    2004$703 +67.2%$37,450 +75%
    2003$421 +0%$21,400
    2002$421 +0.4%$21,400
    2001$419 +10.5%$21,400 +6.7%
    2000$379 $20,060
    Find assessor info on the county website

    Neighborhood: 32951

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Gemini
    • Middle: Hoover
    • High: Melbourne

    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
    $976,500
    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
    $976,500