$174,000 - $188,000
RENTED SEP 1, 2025

516 S Plumosa St Unit 12E Merritt Island, FL 32952

2 Beds
1.5 Baths
1,104 Sq Ft
$164 Price per Sq Ft

Last Sold May 20, 2024

Last sale price $195,000 $177 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,149/month

Highlights

  • Community Pool
  • Central Heating and Cooling System
  • Cats Allowed
  • Tropical Elementary School Rated 9+
  • 1 Car Garage
  • South Facing Home

About This Home

As of September 2025

Charming and Cozy 2BD/2BA unit nestled in the backyard of a peaceful neighborhood in Merritt Island, FL. This private retreat offers a garage and open parking space for your convenience. The kitchen boasts plenty of cabinet space for all your storage needs, while the master bedroom is spacious with a walk-in closet for added comfort. Community pool is ideal for the those summer days and racquet court for some fun entertainment. One numbered assigned parking space plus one garage for tenant. Guest parking available. Renter's insurance is required. HOA application / no fee / approval takes up to 1 week. HOA pet restrictions - tenants may not own dogs

Last Agent to Rent the Property

Lisa Campbell

Real Property Mgmt. Brevard License #3223842 Listed on: 06/22/2025

Last Renter's Agent

Jonathon Ackerman

Real Property Mgmt. Brevard License #3525736

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,022

Year Built

  • Built in 1981

Lot Details

  • 3,485 Sq Ft Lot
  • South Facing Home

Parking

  • 1 Car Garage
  • Additional Parking
  • Assigned Parking

Interior Spaces

  • 1,104 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Schools

  • Tropical Elementary School
  • Jefferson Middle School
  • Merritt Island High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $1,750
  • Property Available on 6/21/25
  • Tenant pays for cable TV, electricity
  • The owner pays for association fees, grounds care, pool maintenance, taxes, trash collection
  • $80 Application Fee
  • Assessor Parcel Number 24-36-36-00-00541.2-0000.00

Community Details

Overview

  • Property has a Home Owners Association
  • Penn Place Condo Association
  • Penn Place Condo Ph Iii Subdivision

Recreation

  • Community Pool

Pet Policy

  • Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,022

Year Built

Built in 1981

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: Cable TV, Electricity
  • Lease Term: 12 Months
  • Owner Pays: Association Fees, Grounds Care, Pool Maintenance, Taxes, Trash Collection
  • Available Date: 2025-06-21

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1981
  • Reso Property Sub Type: Townhouse
  • ResoLaundryFeatures: Lower Level
  • Reso Association Amenities: Pool
  • ResoSpecialListingConditions: Smoking Prohibited
  • Subdivision Name: Penn Place Condo Ph III
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Location Tax and Legal Parcel Number2: 24-36-36-00-00541.2-0000.00
  • Location Tax and Legal Elementary School: Tropical
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • General Property Information Living Area2: 1104.0
  • General Property Information Lot Size Acres: 0.08
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Cats OK: Yes
  • General Property Information Stories Total: 2
  • Pets Allowed No: Yes
  • Deposits and Fees Application Fee: 80.0
  • Deposits and Fees Security Deposit: 1750.0
  • Special Listing Conditions Smoking Prohibited: Yes
  • General Property Information Stories2: 2
  • Laundry Features Lower Level: Yes
  • General Property Information:Pool Private YN: No
  • General Property Information Water Body Access YN3: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2
  • Stories: 2
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Acres: 0.08
  • Pool Private: No
  • Waterfront: No
  • Direction Faces: South

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Additional Parking, Assigned
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Additional Parking: Yes
  • Parking Features:Assigned: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Association Name: PENN PLACE CONDO
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: PENN PLACE CONDO
  • General Property Information:Association Fee Frequency: Monthly
  • Owner Pays:Association Fees: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2428144
  • Parcel #: 24-36-36-00-00541.2-0000.00

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
May 20, 2024
Sold by
Casavant John C
Bought by
Derrick T Marshall Revocable Living Trust and Marshall
Seller's Agent
Lisa Campbell
Real Property Mgmt. Brevard
Buyer's Agent
Jonathon Ackerman
Real Property Mgmt. Brevard
Sold Price
$1,950
Views
23
Current Estimated Value
$181,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,348
Avg. Annual Appreciation
-5.49%

Purchase Details

Listed on
Jan 14, 2013
Closed on
Mar 21, 2013
Sold by
Federal National Mortgage Association
Bought by
Casavant John C
Seller's Agent
Barbara Zorn
Better Homes & Gardens RE Star
Buyer's Agent
Barry Taylor
Daignault Realty Inc
List Price
$45,900
Sold Price
$41,500
Premium/Discount to List
-$4,400
-9.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.77%
Original Mortgage
$33,200
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2012
Sold by
Lewis Tracy A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 15, 2000
Sold by
Crawford John H and Crawford Yvonne
Bought by
Lewis Tracy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,150
Interest Rate
7.92%

Purchase Details

Closed on
Nov 25, 1993
Sold by
Gagliardo Anthony and Gagliardo Anna D
Bought by
Crawford Mark P
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
Derrick T Marshall Revocable Living Trust $195,000 Dockside Title
Derrick T Marshall Revocable Living Trust $195,000 Dockside Title
Casavant John C $41,500 Attorney
Federal National Mortgage Association -- None Available
Lewis Tracy A $57,000 --
Crawford Mark P $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derrick T Marshall Revocable L T $142,500
Previous Owner Casavant John C $33,200
Previous Owner Lewis Tracy $32,000
Previous Owner Lewis Tracy A $20,000
Previous Owner Lewis Tracy Ann $90,250
Previous Owner Lewis Tracy A $56,000
Previous Owner Lewis Tracy A $54,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 Rented $1,750 0.0% --
08/11/2025 08/11/25 Under Contract -- -- --
07/27/2025 07/27/25 Price Changed $1,750 -2.7% $2 / Sq Ft
06/22/2025 06/22/25 For Rent $1,799 -7.7% --
07/01/2024 07/01/24 Rented $1,950 0.0% --
06/11/2024 06/11/24 Under Contract -- -- --
06/03/2024 06/03/24 For Rent $1,950 0.0% --
05/20/2024 05/20/24 Sold $195,000 -13.3% $177 / Sq Ft
04/27/2024 04/27/24 Price Changed $225,000 -4.3% $204 / Sq Ft
04/15/2024 04/15/24 For Sale $235,000 0.0% $213 / Sq Ft
04/22/2020 04/22/20 Rented $1,200 0.0% --
04/15/2020 04/15/20 Under Contract -- -- --
04/06/2020 04/06/20 For Rent $1,200 0.0% --
02/28/2013 02/28/13 Sold $41,500 -9.6% $38 / Sq Ft
01/23/2013 01/23/13 Pending -- -- --
01/14/2013 01/14/13 For Sale $45,900 -- $42 / 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
2024 $2,022 $172,130 -- --
2023 $2,022 $146,760 $0 $146,760
2022 $1,792 $133,420 $0 $0
2021 $1,670 $103,290 $0 $103,290
2020 $1,520 $91,000 $0 $91,000
2019 $1,358 $74,950 $0 $74,950
2018 $1,358 $74,210 $0 $74,210
2017 $1,284 $65,780 $0 $65,780
2016 $1,312 $65,780 $0 $0
2015 $1,246 $58,210 $0 $0
2014 $1,245 $57,070 $0 $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: 1049720

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-36-00-00541.2-0000.00