$315,000
$50K PRICE DROP

512 Palmetto Dr Melbourne, FL 32935

Estimated payment $1,931/month

Total Views 7,899
3 Beds
2 Baths
1,752 Sq Ft
$180 Price per Sq Ft

Highlights

  • No HOA
  • Shed
  • 2 Car Garage
  • Covered patio or porch
  • Central Heating and Cooling System
  • 4-minute walk to McGrath Field

About This Home

Charming 3BR/2BA home with tons of character and modern updates! Originally built in 1955 and rebuilt in the early '90s. Vaulted ceilings, wood-burning fireplace, and remodeled kitchen. Spacious master suite with oversized walk-in closet. Bonus room ideal for office or hobby space, indoor laundry, and premium water softener system. Major upgrades: New well & HVAC (2021), generator hookup (2024), underground electric service (2023), water heater (2025), and roof (2015). Nearly 1/3-acre lot with plenty of room for boat or RV—no HOA. Unique layout, flexible spaces, and move-in ready!

Listing Agent

Joseph Brown

Blue Marlin Real Estate License #3444524 Listed on: 05/09/2025

Blue Marlin Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,302

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 0.29 Acre Lot
  • West Facing Home
  • Cleared Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Block Exterior
  • Stone Veneer
  • Stucco

Interior Spaces

  • 1,752 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch
  • Shed

Schools

  • Creel Elementary School
  • Johnson Middle School
  • Eau Gallie High School

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Atwaters Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-17-29-00000.0-0010.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,302

Year Built

Built in 1955 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1955
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, In Unit
  • ResoLotFeatures: Cleared
  • Road Frontage Type: City Street
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Atwaters Subdivision
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Updated/Remodeled
  • Location Tax and Legal Parcel Number2: 27-37-17-29-00000.0-0010.00
  • Location Tax and Legal Elementary School: Creel
  • Location Tax and Legal Middle School2: Johnson
  • Location Tax and Legal High School: Eau Gallie
  • Location Tax and Legal Tax Annual Amount: 2302.02
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 1752.0
  • General Property Information Building Area Total3: 2302.0
  • General Property Information Lot Size Acres: 0.29
  • General Property Information Lot Size Square Feet2: 12632.0
  • 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 Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Levels One: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Well: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • Utilities Electricity Available: Yes
  • Water Source Private3: Yes
  • General Property Information CDD Fee YN: No
  • Utilities Cable Connected: Yes
  • Property Condition UpdatedRemodeled: Yes
  • General Property Information Stories2: 1
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Oven: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Acres: 0.29
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Brick, Frame, Stone Veneer, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Covered
  • Construction Materials:Block2: Yes
  • Construction Materials:Stucco: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Cleared: Yes
  • Construction Materials:Stone Veneer: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private, Well
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Johnson

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 12632.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2718790
  • Parcel #: 27-37-17-29-00000.0-0010.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2302.02

MLS Schools

  • Elementary School: Creel
  • High School: Eau Gallie

Map

Range of Values:

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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
2023 $1,978 $148,800 $0 $0
2022 $1,839 $144,470 $0 $0
2021 $1,685 $124,990 $0 $0
2020 $1,628 $123,270 $42,500 $80,770
2019 $887 $65,150 $0 $0
2018 $886 $63,940 $0 $0
2017 $884 $62,770 $0 $0
2016 $892 $61,480 $22,500 $38,980
2015 $899 $61,060 $22,500 $38,560
2014 $904 $60,580 $22,500 $38,080
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Price Changed $315,000 -4.5% $180 / Sq Ft
06/29/2025 06/29/25 Price Changed $330,000 -2.9% $188 / Sq Ft
06/04/2025 06/04/25 Price Changed $340,000 -2.9% $194 / Sq Ft
05/26/2025 05/26/25 Price Changed $350,000 -2.8% $200 / Sq Ft
05/16/2025 05/16/25 Price Changed $360,000 -1.4% $205 / Sq Ft
05/09/2025 05/09/25 For Sale $365,000 +43.1% $208 / Sq Ft
03/19/2021 03/19/21 Sold $255,000 -3.8% $146 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/17/2021 01/17/21 Price Changed $265,000 -3.6% $152 / Sq Ft
01/08/2021 01/08/21 For Sale $275,000 +53.6% $158 / Sq Ft
05/09/2019 05/09/19 Sold $179,000 0.0% $103 / Sq Ft
04/20/2019 04/20/19 Pending -- -- --
04/20/2019 04/20/19 For Sale $179,000 -- $103 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed $100 None Listed On Document
Warranty Deed $261,000 State Title Partners Llp
Warranty Deed $179,000 Prestige Ttl Of Brevard Llc
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $4,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $20,000 Credit Line Revolving
Previous Owner $208,000 New Conventional
Previous Owner $173,630 New Conventional
Previous Owner $28,600 No Value Available
Previous Owner $126,400 Unknown
Previous Owner $20,000 Unknown
Previous Owner $115,200 New Conventional
Previous Owner $96,000 Unknown
Previous Owner $11,000 Credit Line Revolving
Previous Owner $66,800 New Conventional
Previous Owner $53,000 No Value Available
Source: Public Records

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

MLS Number: 1045155

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-17-29-00000.0-0010.00