$215,000
SOLD AUG 1, 2025

516 S Plumosa St Unit 20F Merritt Island, FL 32952

2 Beds
1.5 Baths
1,104 Sq Ft
$450/mo HOA Fee

Recently Sold

$195 Per Sq Ft

14% Below List Price

213 Days on Market

Highlights

  • In Ground Pool
  • Lake View
  • Racquetball
  • Tropical Elementary School Rated 9+
  • Corner Lot
  • Covered Patio or Porch

About This Home

As of August 2025

Fresh and bright 2 Bedroom / 1.5 Bathroom /1 Car garage in a small and quiet community located minutes to 520 in the heart of Merritt Island! This adorable unit shines bright with 2 extra large bedrooms and full bathroom upstairs. Living room, dining room, half bathroom, and kitchen are downstairs, as well as your own private patio with tropical landscaping! Enter through a lush walkway that leads to your front door facing the back of the Veterans Memorial Park Lake. This means you can watch sunrise, on the water from home! As you enter, light floods the living & dining rooms, bringing Florida sunshine directly inside your abode! Hot water heater 2024, Roof 2019, new vanities, new toilets, new tub & shower, new windows, new sliding glass door, interior paint, & upgraded appliances... all done in 2023! Are you ready to live your life in Paradise? This is the best deal on the island, with a private community pool, racquetball court, & vehicle wash area, plus ample amounts of tranquilit

Last Agent to Sell the Property

Lynnessa Wilson

EXP Realty, LLC License #3284363 Listed on: 12/07/2024

EXP Realty, LLC

Last Buyer's Agent

Jim Udischas Jr.

Charles Rutenberg Realty License #3352810

Charles Rutenberg Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,065

Year Built

  • Built in 1981

Lot Details

  • Street terminates at a dead end
  • East Facing Home
  • Wood Fence

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Property Views

  • Lake
  • Pond

Home Design

  • Shingle Roof
  • Aluminum Siding
  • Asphalt
  • Stucco

Interior Spaces

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

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24-36-36-00-00542.0-0000.00

Community Details

Overview

  • Association fees include insurance
  • Penn Place Association
  • Penn Place Condo Ph V Subdivision
  • Maintained Community
  • Car Wash Area

Recreation

  • Racquetball
  • Community Pool

Pet Policy

  • Pet Size Limit
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,065

Year Built

Built in 1981

Lot Details

0

HOA Fees

$450 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: In Unit, Lower Level
  • ResoLotFeatures: Corner Lot, Dead End Street
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso View: Lake, Pond
  • Reso Association Amenities: Car Wash Area, Maintenance Grounds, Pool, Racquetball
  • Reso Association Fee Includes: Insurance
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Penn Place Condo Ph V
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: Yes
  • Location Tax and Legal Parcel Number2: 24-36-36-00-00542.0-0000.00
  • Location Tax and Legal Elementary School: Tropical
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 2065.14
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Living Area2: 1104.0
  • General Property Information Lot Size Acres: 0.08
  • General Property Information Lot Size Square Feet2: 3485.0
  • 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: East
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Fencing Wood2: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Lot Features Dead End Street: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • Water Source Public: Yes
  • Pets Allowed Total Number Of Pets: 1
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Number Limit: Yes
  • General Property Information Stories Total: 2
  • Association Amenities Racquetball: Yes
  • Utilities Sewer Connected: Yes
  • General Property Information CDD Fee YN: No
  • Utilities Cable Connected: Yes
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 2
  • Laundry Features Lower Level: Yes
  • General Property Information:Pool Private YN: Yes
  • General Property Information:Accessory Dwelling Unit YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bathroom - Tub with Shower, Walk-In Closet(s)
  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Dryer, Electric Range, 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
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Pool Features: In Ground
  • Roof: Shingle
  • Fencing: Wood
  • Acres: 0.08
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Aluminum Siding, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Covered, Patio, Side Porch
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • View:Lake: Yes
  • Patio and Porch Features:Side Porch: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Patio And Porch Features:Covered2: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 450.0
  • Association Fee Frequency: Monthly
  • Association Name: Penn Place
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Penn Place
  • General Property Information:Association Fee: 450.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Insurance: Yes
  • Association Amenities:Car Wash Area: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 3485.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2428152
  • Parcel #: 24-36-36-00-00542.0-0000.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2065.14

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2024
Closed on
Aug 1, 2025
Sold by
Montoya Brooklyn Jo and Coots Jessica Jo
Bought by
Chang Emily K and Udischas James A
Seller's Agent
Lynnessa Wilson
EXP Realty, LLC
Buyer's Agent
Jim Udischas Jr.
Charles Rutenberg Realty
List Price
$250,000
Sold Price
$215,000
Premium/Discount to List
-$35,000
-14%
Views
175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-20.90%
Original Mortgage
$204,250
Outstanding Balance
$204,076
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$4,471

Purchase Details

Listed on
Aug 21, 2023
Closed on
Oct 5, 2023
Sold by
Maddin Anthonia E
Bought by
Montoya Brooklyn Jo and Coots Jessica Jo
Seller's Agent
Lisa Landen
CENTURY 21 Paradise Palm
Buyer's Agent
Lynnessa Wilson
Hoven Real Estate
List Price
$250,000
Sold Price
$235,000
Premium/Discount to List
-$15,000
-6%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.77%
Original Mortgage
$176,250
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2011
Sold by
Lovett Chanda M and Lovett Obrien Chanda M
Bought by
Langham Sheila W

Purchase Details

Closed on
Jul 15, 2005
Sold by
Grumm John W
Bought by
Lovett Chanda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,467
Interest Rate
5.59%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 1998
Sold by
Grumm John W
Bought by
Grumm John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,200
Interest Rate
7.14%
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 Type Sale Price Title Company
Warranty Deed $215,000 Aloma Title
Warranty Deed $215,000 Aloma Title
Warranty Deed $235,000 Island Title & Escrow
Warranty Deed $235,000 Island Title & Escrow
Warranty Deed $59,000 Island Title & Escrow
Warranty Deed $157,000 Fidelity Natl Title Ins Co
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $204,250 New Conventional
Closed $204,250 New Conventional
Previous Owner $176,250 New Conventional
Previous Owner $153,467 FHA
Previous Owner $39,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Sold $215,000 -8.5% $195 / Sq Ft
06/17/2025 06/17/25 Price Changed $235,000 -1.7% $213 / Sq Ft
06/03/2025 06/03/25 Price Changed $239,000 -2.4% $216 / Sq Ft
05/20/2025 05/20/25 Price Changed $245,000 -2.0% $222 / Sq Ft
12/07/2024 12/07/24 For Sale $250,000 +6.4% $226 / Sq Ft
10/05/2023 10/05/23 Sold $235,000 -6.0% $213 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
08/21/2023 08/21/23 For Sale $250,000 +117.4% $226 / Sq Ft
10/19/2020 10/19/20 Sold $115,000 -14.8% $104 / Sq Ft
09/20/2020 09/20/20 Pending -- -- --
09/20/2020 09/20/20 For Sale $135,000 -- $122 / 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 $2,111 $172,130 -- --
2023 $2,111 $146,760 $0 $146,760
2022 $1,879 $133,420 $0 $0
2021 $1,760 $103,290 $0 $103,290
2020 $749 $58,050 $0 $0
2019 $710 $56,750 $0 $0
2018 $710 $55,700 $0 $0
2017 $709 $54,560 $0 $0
2016 $716 $53,440 $0 $0
2015 $728 $53,070 $0 $0
2014 $733 $52,650 $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: 1031465

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-36-00-00542.0-0000.00