NOT LISTED FOR SALE

404 N Palm Island Cir Vero Beach, FL 32963

Estimated Value: $2,057,000 - $2,546,000

4 Beds
4.5 Baths
3,668 Sq Ft
$616/Sq Ft Est. Value

Last Sold September 07, 2022

Last sale price $2,060,000 $562 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $13,695/month

37 Days on Market

Highlights

  • Beach Access
  • Fitness Center
  • Lake View
  • Beachland Elementary School Rated A-
  • Outdoor Pool
  • Private Membership Available

About This Home

As of September 2022

Beautiful listing in prestigious Palm Island Plantation. This two-story home exudes elegance with vaulted ceilings, a wood-burning fireplace, walk-in closets, an eat-in kitchen with lots of cabinets, and a large master bedroom. Beautiful outdoor areas, including a private pool and hot tub, and a wonderful resort lifestyle with a beach club, marina,&more.

Last Agent to Sell the Property

Jonathan Carroll

EXP Realty, LLC License #3302123 Listed on: 07/01/2022

EXP Realty, LLC

Last Buyer's Agent

Joan Cook

Dale Sorensen Real Estate Inc. License #3053114

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,750

Year Built

  • Built in 2006

Lot Details

  • 0.27 Acre Lot
  • West Facing Home

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Garden

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 3,668 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Vaulted Ceiling
  • 1 Fireplace
  • French Doors
  • Security System Owned

Kitchen

  • Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Beach Access
  • Water Access
  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 31393600031000100045.0

Community Details

Overview

  • Association fees include common areas, ground maintenance, security
  • Private Membership Available
  • Elliott Merrill Association
  • Palm Isl Plantation Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,750

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.27
  • Lot Size: 11761.2
  • Ownership: Single Family/Other
  • Subdivision Name: Palm Isl Plantation
  • Directions: A1A north to Palm Island Plantation. Guard will direct.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2006
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Detached
  • Attribution Contact: 888-883-8509
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Crown Molding, High Ceilings, Master Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Living Area: 3668.0
  • Stories: 2
  • Window Features: None
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Pool, Private, Community
  • Pool Private: Yes
  • View: Garden, Lake
  • View: Yes
  • Waterfront Features: None, Beach Access
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Balcony, Patio
  • Patio And Porch Features: Patio
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Laundry Closet
  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Fitness, Pool, Sidewalks, Water Access
  • Association Fee: 1080.63
  • Association Name: Elliott Merrill
  • Pets Allowed: Yes, Breed Restrictions, Number Limit

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Security

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 31393600031000100045.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Sep 2, 2022
Sold by
Lightfoot Revocable Trust
Bought by
Elmore John E and Elmore Jennifer M
Seller's Agent
Jonathan Carroll
EXP Realty, LLC
Buyer's Agent
Joan Cook
Dale Sorensen Real Estate Inc.
List Price
$2,595,000
Sold Price
$2,060,000
Premium/Discount to List
-$535,000
-20.62%
Current Estimated Value
$2,259,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,520
Avg. Annual Appreciation
2.72%

Purchase Details

Closed on
Feb 18, 2005
Sold by
Palm Island Plantation Llc
Bought by
Lightfoot John C
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Elmore John E $2,060,000 --
Lightfoot John C $210,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2022 09/07/22 Sold $2,060,000 -20.6% $562 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $2,595,000 -- $707 / Sq Ft
Source: REALTORS® Association of Indian River County

Tax History Compared to Growth

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 $17,750 $1,612,636 -- --
2023 $17,750 $1,521,542 $0 $0
2022 $9,696 $837,491 $0 $0
2021 $9,788 $813,098 $0 $0
2020 $9,812 $801,871 $0 $0
2019 $9,911 $783,843 $0 $0
2018 $9,899 $769,227 $0 $0
2017 $9,940 $753,406 $0 $0
2016 $10,139 $737,910 $0 $0
2015 $10,560 $732,790 $0 $0
2014 $10,498 $726,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Carroll

    Seller's Agent in 2022

    Jonathan Carroll

    EXP Realty, LLC

    (772) 633-1852

    7 in this area

    298 Total Sales

    Jonathan Carroll
    Section Image

  • J

    Buyer's Agent in 2022

    Joan Cook

    Dale Sorensen Real Estate Inc.

    (772) 231-4712

    11 in this area

    53 Total Sales

    Joan Cook
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 257884

APN: 31-39-36-00031-0001-00045.0

Florida Indian River County Vero Beach 32963

404 N Palm Island Cir, Vero Beach, FL

This home is located at 404 N Palm Island Cir, Vero Beach, FL 32963 since 01 July 2022 and is currently estimated at $2,259,520, approximately $616 per square foot. This property was built in 2006. 404 N Palm Island Cir is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford Middle School, and Vero Beach High School.

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