$2,450,000

281 Palm Island Ln Vero Beach, FL 32963

Estimated payment $14,314/month

Total Views 2,882
3 Beds
3.5 Baths
3,211 Sq Ft
$763 Price per Sq Ft

Highlights

  • Lake Front
  • Beach Access
  • Gated with Attendant
  • Beachland Elementary School Rated A-
  • Fitness Center
  • Outdoor Pool

About This Home

Experience timeless elegance in this custom residence in Palm Island Plantation. Nestled behind lush landscaping, this beautifully designed home features spacious living areas with fine millwork and refined finishes. The gourmet kitchen boasts stone countertops, premium appliances, and ample cabinetry. Multiple spaces to entertain indoors or outdoors by the private pool and patios. With 3 bedrooms, formal dining, and inviting living spaces, this home combines sophistication, comfort, and coastal charm in one exceptional property. Palm Island has a private beach club and community boat docks.

Listing Agent

Luke Webb

Luke D Webb Real Estate Inc License #3281747 Listed on: 09/30/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,568

Year Built

  • Built in 2005

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 75 x 144
  • Home fronts a pond
  • Lake Front
  • North Facing Home
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Driveway
  • Paver Block

Property Views

  • Views of Preserve
  • Garden
  • Pool

Home Design

  • Metal Roof

Interior Spaces

  • 3,211 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Crown Molding
  • 1 Fireplace
  • French Doors
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Outdoor Pool
  • Spa
  • Heated Pool

Outdoor Features

  • Beach Access
  • Access To Intracoastal Waterway
  • Balcony
  • Enclosed Patio or Porch
  • Outdoor Kitchen
  • Built-In Barbecue
  • Rain Gutters

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 31393600031000100024.0

Community Details

Overview

  • Association fees include common areas, ground maintenance, pest control, pool(s), recreation facilities, security, trash
  • Private Membership Available
  • Elliott Merrill Association
  • Palm Isl Plantation Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Trails

Security

  • Gated with Attendant
  • Phone Entry

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,568

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Lot Size: 75 x 144
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Palm Isl Plantation
  • Directions: A1A to Palm Island Plantation - West of A1A.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2005
  • Property Sub Type Additional: Detached
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Negotiable
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Range, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Wet Bar, Bathtub, Closet Cabinetry, Crown Molding, Jetted Tub, Kitchen Island, Primary Downstairs, Walk-In Closet(s), Central Vacuum, French Door(s)/Atrium Door(s)
  • Living Area: 3211.0
  • Stories: 2

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Electric Heat, Heated, Pool, Private, Community
  • Pool Private: Yes
  • View: Garden, Pool, Preserve
  • View: Yes
  • Waterfront Features: Intracoastal Access, Lake, Pond, Beach Access
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Enclosed Porch, Fence, Sprinkler/Irrigation, Outdoor Kitchen, Rain Gutters, Propane Tank - Owned
  • Patio And Porch Features: Porch, Screened
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Paver Block

Utilities

  • Laundry Features: Lower Level, Laundry Room, Laundry Tub
  • Security: Gated with Guard, Gated Community, Phone Entry, Smoke Detector(s)
  • Cooling: Central Air, 3+ Units
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Barbecue, Club Membership Available, Clubhouse, Fitness, Other, Trails/Paths, Water Access, Gutter(s), Pool
  • Amenities: Dues Paid Quarterly
  • Association Fee: 1420.0
  • Association Name: Elliott Merrill
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Pest Control, Pool(s), Recreation Facilities, Security, Trash

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 31393600031000100024.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 17568.0
  • Tax Lot: 24
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $17,568 $1,637,108 $256,224 $1,380,884
2023 $16,186 $1,148,421 $0 $0
2022 $12,608 $1,044,019 $211,385 $832,634
2021 $12,319 $979,094 $208,182 $770,912
2020 $12,532 $979,094 $208,182 $770,912
2019 $14,019 $1,059,537 $217,790 $841,747
2018 $13,315 $987,513 $198,574 $788,939
2017 $13,465 $995,997 $0 $0
2016 $12,617 $884,470 $0 $0
2015 $11,884 $784,170 $0 $0
2014 $10,868 $714,760 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2025 09/30/25 For Sale $2,450,000 -- $763 / Sq Ft
Source: REALTORS® Association of Indian River County

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,332,000 --
Warranty Deed $175,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $732,000 Fannie Mae Freddie Mac
Source: Public Records

Source: REALTORS® Association of Indian River County

MLS Number: 291574

APN: 31-39-36-00031-0001-00024.0

Florida Indian River County Vero Beach 32963

281 Palm Island Ln, Vero Beach, FL

For Sale

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Luke Webb
Listing Agent
Luke Webb
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Luke D Webb Real Estate Inc
(772) 775-7451