NOT LISTED FOR SALE

501 N Palm Ave Indialantic, FL 32903

Estimated Value: $628,000 - $689,000

3 Beds
2 Baths
1,856 Sq Ft
$350/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $451,000 $243 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,215/month

94 Days on Market

Highlights

  • Private Pool
  • No HOA
  • 2 Car Attached Garage
  • Indialantic Elementary School Rated A-
  • Screened Porch
  • Patio

About This Home

As of February 2021

Live in the heart of Indialantic! Close to beaches, shopping, restaurants and more on this oversized lot. Lovely screened pool and patio area. New roof January 2020. Home is being sold as-is!

Last Agent to Sell the Property

Natalie Derrick

Derrick Real Estate Group, Inc License #391635 Listed on: 01/17/2021

Co-Listed By

Michael Derrick

Derrick Real Estate Group, Inc License #3042077

Last Buyer's Agent

Diane Teran

LPT Realty, LLC License #3093602

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,837

Year Built

  • Built in 1975

Lot Details

  • 0.43 Acre Lot
  • West Facing Home
  • Irregular Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Fixer Upper
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,856 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Screened Porch
  • Terrazzo Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Pool

  • Private Pool
  • Screen Enclosure

Outdoor Features

  • Patio

Schools

  • Indialantic Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Indialantic By The Sea Association
  • Indialantic By The Sea Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-38-31-Eo-00058.0-0022.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,837

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Irregular Lot
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: 03620
  • Co List Office Phone: 321-768-1999
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indialantic By The Sea
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Property Condition: Fixer
  • Location Tax and Legal Parcel Number2: 27-38-31-Eo-00058.0-0022.00
  • Location Tax and Legal Elementary School: Indialantic
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 2836.55
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Living Area2: 1856.0
  • General Property Information Building Area Total3: 2417.0
  • General Property Information Lot Size Acres: 0.43
  • General Property Information Lot Size Square Feet2: 18731.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Pool Features Private: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Flooring Terrazzo: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pets Allowed Call: Yes
  • Pool Features Screen Enclosure: Yes
  • Property Condition Fixer: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bathroom - Tub with Shower
  • Flooring: Terrazzo
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Pool Features: Private, Screen Enclosure
  • Roof: Shingle
  • Acres: 0.43
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Irregular Lot: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: INDIALANTIC BY THE SEA
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: INDIALANTIC BY THE SEA

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 18731.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2731466
  • Parcel #: 27-38-31-Eo-00058.0-0022.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2836.55

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2023
Sold by
Ibanez Manuel Alfredo German Aguirre and Ibanez M
Bought by
Mamiga Llc
Current Estimated Value
$649,841

Purchase Details

Listed on
Jan 17, 2021
Closed on
Feb 26, 2021
Sold by
Gray Glen Franklin and Gray Lezlie Sioux
Bought by
Ibanez Manuel Alfredo German Aguirre and Morey Michelle Violett
Seller's Agent
Natalie Derrick
Derrick Real Estate Group, Inc
Buyer's Agent
Diane Teran
LPT Realty, LLC
List Price
$465,000
Sold Price
$451,000
Premium/Discount to List
-$14,000
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
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
Mamiga Llc $100 None Listed On Document
Mamiga Llc $100 None Listed On Document
Ibanez Manuel Alfredo German Aguirre $451,000 Precise Title Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $451,000 -3.0% $243 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
01/16/2021 01/16/21 For Sale $465,000 0.0% $251 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
12/06/2020 12/06/20 For Sale $465,000 0.0% $251 / Sq Ft
11/14/2020 11/14/20 Pending -- -- --
11/10/2020 11/10/20 For Sale $465,000 -- $251 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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
2025 $9,206 $540,220 -- --
2024 $9,519 $525,830 -- --
2023 $9,519 $538,770 $260,000 $278,770
2022 $8,690 $509,880 $0 $0
2021 $6,776 $372,100 $220,000 $152,100
2020 $6,321 $341,510 $190,000 $151,510
2019 $2,837 $191,910 $0 $0
2018 $2,847 $188,340 $0 $0
2017 $2,744 $184,470 $0 $0
2016 $2,763 $240,000 $240,000 $0
2015 $2,850 $225,000 $225,000 $0
2014 $2,869 $180,000 $180,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 890000

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00058.0-0022.00