NOT LISTED FOR SALE

406 N Palm Island Cir Vero Beach, FL 32963

Estimated Value: $1,800,000 - $2,025,000

3 Beds
3.5 Baths
2,887 Sq Ft
$663/Sq Ft Est. Value

Last Sold March 12, 2018

Last sale price $1,040,000 $360 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $11,396/month

84 Days on Market

Highlights

  • Beach Access
  • Fitness Center
  • Outdoor Pool
  • Beachland Elementary School Rated A-
  • Gated with Attendant
  • Private Membership Available

About This Home

As of March 2018

Perfection! Light & bright one story custom courtyard style home! Great room opens to kitchen w. an adjacent LR (w. fireplace) & DR. French Doors throughout lead to your private, expansive lanai & pool. This is a great entertaining area. Separate Cabana for guests/ office. Oceanfront Beach Club w/ pool & spa, poolside bar & BBQ, fitness ctr & tennis make this a 5 Star Resort! Heavenly!

Last Agent to Sell the Property

Peggy Hewett

Berkshire Hathaway Florida License #3215514 Listed on: 11/17/2017

Berkshire Hathaway Florida

Last Buyer's Agent

Patty Valdes

Alex MacWilliam, Inc. License #0525934

Alex MacWilliam, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,953

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 120x155
  • Cul-De-Sac
  • West Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 2,887 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • High Ceiling
  • 1 Fireplace
  • Blinds
  • French Doors
  • Pool Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Pool
  • Beach Access
  • Water Access
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 31393600031000100044.0

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,953

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 120x155
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Palm Isl Plantation
  • Directions: From Beachland Blvd: North on A1A to Palm Island Plantation entrance on left. Through gate, continue straight then right at stop to 3rd home on right.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2007
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-1270
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Bathtub, Closet Cabinetry, Crown Molding, High Ceilings, Jetted Tub, Split Bedrooms, Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Living Area: 2887.0
  • Stories: 1
  • Window Features: Blinds, Single Hung

Exterior Features

  • Lot Features: Cul-De-Sac, 1/4 to 1/2 Acre Lot
  • Pool Features: Pool, Private, Community
  • Pool Private: Yes
  • View: Pool
  • View: Yes
  • Waterfront Features: None, Beach Access
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Sprinkler/Irrigation, Porch, Patio, Propane Tank - Owned, Storm/Security Shutters
  • Patio And Porch Features: Covered, Patio, Porch
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Room, Laundry Tub, In Unit
  • Security: Security System Owned, Gated with Guard, Gated Community, 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, Pool, Water Access
  • Association Fee: 784.0
  • Pets Allowed: Yes

Fee Information

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

Schools

  • Elementary School: Beachland Elementary
  • High School: Vero Beach High School
  • Middle Or Junior School: Gifford Middle

Lot Info

  • Parcel #: 31393600031000100044.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9953.0
  • Tax Lot: 44
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2023
Sold by
Gregory And Karen Wilson Joint Trust
Bought by
Mendez-Penate Carlos E and Mendez-Penate Ellen G
Current Estimated Value
$1,914,229

Purchase Details

Closed on
Jun 19, 2018
Sold by
Wilson Gregory P and Wilson Karen S
Bought by
Wilson Gregory Patrick Salerno and Wilson Karen Sue

Purchase Details

Listed on
Nov 17, 2017
Closed on
Mar 12, 2018
Sold by
Carter Leslie and Carter Suzanne
Bought by
Carter Suzanne and Carter Leslie
Seller's Agent
Peggy Hewett
Berkshire Hathaway Florida
Buyer's Agent
Patty Valdes
Alex MacWilliam, Inc.
List Price
$1,149,000
Sold Price
$1,040,000
Premium/Discount to List
-$109,000
-9.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%

Purchase Details

Listed on
Mar 29, 2012
Closed on
Jun 18, 2012
Sold by
Kelly John Joseph
Bought by
Carter Leslie and Carter Suzanne
Seller's Agent
Steve Owen
Berkshire Hathaway Florida
Buyer's Agent
Peggy Hewett
Berkshire Hathaway Florida
List Price
$975,000
Sold Price
$875,000
Premium/Discount to List
-$100,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.06%

Purchase Details

Closed on
Apr 1, 2011
Sold by
Dean Robert J
Bought by
Kelly John Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 23, 2005
Sold by
Palm Island Plantation Llc
Bought by
Dean Robert J

Purchase Details

Closed on
Apr 21, 2005
Sold by
Palm Island Plantation Llc
Bought by
Dean Robert J
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Mendez-Penate Carlos E $1,825,000 None Listed On Document
Wilson Gregory Patrick Salerno -- Attorney
Carter Suzanne $1,040,000 Attorney
Carter Leslie $875,000 Attorney
Kelly John Joseph $800,000 Attorney
Dean Robert J -- Island Title Agency
Dean Robert J $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelly John Joseph $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2018 03/12/18 Sold $1,040,000 -9.5% $360 / Sq Ft
02/10/2018 02/10/18 Pending -- -- --
11/17/2017 11/17/17 For Sale $1,149,000 +31.3% $398 / Sq Ft
06/18/2012 06/18/12 Sold $875,000 -10.3% $303 / Sq Ft
05/19/2012 05/19/12 Pending -- -- --
03/29/2012 03/29/12 For Sale $975,000 -- $338 / 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 $12,559 $1,197,992 -- --
2023 $12,559 $1,083,813 $0 $0
2022 $12,259 $1,052,246 $0 $0
2021 $12,383 $1,021,598 $297,298 $724,300
2020 $12,597 $1,021,598 $297,298 $724,300
2019 $14,077 $1,101,447 $311,019 $790,428
2018 $9,658 $751,214 $0 $0
2017 $9,698 $735,763 $0 $0
2016 $9,891 $720,630 $0 $0
2015 $10,302 $715,630 $0 $0
2014 $10,241 $709,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Peggy Hewett

    Berkshire Hathaway Florida

    (772) 321-4282

    4 in this area

    78 Total Sales

    Peggy Hewett
    Section Image

  • P

    Buyer's Agent in 2018

    Patty Valdes

    Alex MacWilliam, Inc.

    (772) 473-8810

    6 in this area

    79 Total Sales

    Patty Valdes
    Section Image

  • S

    Seller's Agent in 2012

    Steve Owen

    Berkshire Hathaway Florida

    (772) 231-1270

    6 in this area

    43 Total Sales

    Steve Owen
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 197407

APN: 31-39-36-00031-0001-00044.0

Florida Indian River County Vero Beach 32963

406 N Palm Island Cir, Vero Beach, FL

This home is located at 406 N Palm Island Cir, Vero Beach, FL 32963 since 17 November 2017 and is currently estimated at $1,914,229, approximately $663 per square foot. This property was built in 2007. 406 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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