$335,000
SOLD FEB 27, 2025

527 Palm Ave Merritt Island, FL 32952

2 Beds
2 Baths
1,228 Sq Ft
0.25 Acres

Recently Sold

$273 Per Sq Ft

4% Below List Price

17 Days on Market

Highlights

  • In Ground Pool
  • Pool View
  • Screened Porch
  • Corner Lot
  • No HOA
  • Circular Driveway

About This Home

As of February 2025

Step into the charm of this 2-bedroom, 2-bath cottage-style home situated in the serene surroundings of South Merritt Island, this delightful property features a screened-in pool and spa, promising endless relaxation and privacy under a sturdy metal roof installed in 2020. The home includes a circle driveway complemented by plenty of parking, a spacious carport, and a 2-car garage with an attached workshop area, perfect for crafts and projects. The property is fully fenced, offering a secure and private environment. Inside, the kitchen has been updated to blend modern amenities with homey comfort. Noteworthy upgrades include a 50 amp electrical service for RV parking, an AC unit from 2018 to include all new Ductwork, and a hot water heater also updated in 2018, ensuring the home runs smoothly and efficiently. Experience the blend of traditional charm and modern conveniences at this Merritt Island gem. New Exterior Paint 6 Months Old and Metal Roof comes with warranty!

Last Agent to Sell the Property

Jenn Clements

Coastal Life Properties LLC License #3098566 Listed on: 01/27/2025

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,747

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 0.25 Acre Lot
  • Northeast Facing Home
  • Property is Fully Fenced
  • Privacy Fence
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • 2 Attached Carport Spaces
  • Circular Driveway

Home Design

  • Shingle Roof
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,228 Sq Ft Home
  • 1-Story Property
  • Screened Porch
  • Pool Views

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • In Ground Spa
  • Screen Enclosure

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • 150 Amp Service
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Merritt Ridge Sheet 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-36-35-78-0000e.0-0009.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,747

Year Built

Built in 1959 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Corner Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso View: Pool
  • ResoSecurityFeatures: Smoke Detector(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Merritt Ridge Sheet 3
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s), Workshop
  • Reso Property Condition: Updated/Remodeled
  • Financial Info Electric: 150 Amp Service
  • Location Tax and Legal Parcel Number2: 24-36-35-78-0000e.0-0009.00
  • 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: 1746.55
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Living Area2: 1228.0
  • General Property Information Lot Size Acres: 0.25
  • General Property Information Lot Size Square Feet2: 10890.0
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 2.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: Northeast
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: 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
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Water Source Public: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: Yes
  • Other Structures Shed(s): Yes
  • Other Structures Workshop: Yes
  • Pool Features Screen Enclosure: Yes
  • Utilities Sewer Connected: Yes
  • General Property Information Land Lease YN2: No
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information CDD Fee YN: No
  • Utilities Cable Connected: Yes
  • Utilities Water Connected: Yes
  • Property Condition UpdatedRemodeled: Yes
  • General Property Information Stories2: 1
  • Architectural Style Ranch: Yes
  • Fencing Privacy: Yes
  • Electric 150 Amp Service: Yes
  • General Property Information:Pool Private YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Primary Bathroom - Tub with Shower
  • Flooring: Laminate, Tile
  • Spa Features: In Ground
  • Appliances: Convection Oven, Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Convection Oven: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Breakfast Bar: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: In Ground, Screen Enclosure
  • Roof: Shingle
  • Fencing: Full, Privacy
  • Acres: 0.25
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block, Stucco
  • Direction Faces: Northeast
  • Patio And Porch Features: Covered, Rear Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • Lot Features:Corner Lot: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Exterior Features:Fencing - Full: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Attached Carport, Carport, Circular Driveway, Covered, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Carport: Yes
  • Parking Features:Covered: Yes
  • Parking Features:Circular Driveway: Yes
  • Parking Features:Attached Carport: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric3: Yes
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Current Use: Residential, Single Family
  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2427537
  • Parcel #: 24-36-35-78-0000e.0-0009.00
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1746.55

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2025
Closed on
Feb 26, 2025
Sold by
Wilson Christopher D
Bought by
Zeller David
Seller's Agent
Jenn Clements
Coastal Life Properties LLC
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%
Views
39
Current Estimated Value
$331,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,764
Avg. Annual Appreciation
-2.35%

Purchase Details

Closed on
Oct 21, 2016
Sold by
Sonja Mondazi Edward and Sonja Mondazi
Bought by
Wilson Christopher D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 8, 2012
Closed on
Jun 1, 2012
Sold by
Trucap Reo Corp
Bought by
Mondazzi Edward and Mondazzi Sonja
Seller's Agent
Susan Barber
RE/MAX Absolute Service Team
Buyer's Agent
Rebecca Sparks
C. Apollo Realty Inc
List Price
$75,000
Sold Price
$72,000
Premium/Discount to List
-$3,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.27%

Purchase Details

Closed on
Mar 20, 2012
Sold by
Mcbryde Richard G and Mcbryde Candice M
Bought by
Trucap Reo Corp

Purchase Details

Closed on
Dec 13, 2001
Sold by
Mcbryde Richard G and Mcbryde Candice M
Bought by
Mcbryde Richard G and Mcbryde Candice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,150
Interest Rate
6.72%

Purchase Details

Closed on
Feb 18, 1998
Sold by
Mcbryde Richard G and Mcbryde Gina R
Bought by
Mcbryde Richard G

Purchase Details

Closed on
Dec 18, 1996
Sold by
Mcbryde Gina R and Kernan Gina R
Bought by
Mcbryde Richard G and Mcbryde Gina R
Source: Public Records

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Range of Values:

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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 $335,000 Bella Title & Escrow
Warranty Deed $140,000 Fidelity Natl Title Of Flori
Warranty Deed $72,000 Shore To Shore Title Inc
Warranty Deed -- None Available
Warranty Deed $43,800 --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $230,814 New Conventional
Previous Owner $133,000 New Conventional
Previous Owner $221,000 Unknown
Previous Owner $138,000 Stand Alone First
Previous Owner $126,250 Unknown
Previous Owner $28,800 New Conventional
Previous Owner $92,150 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 Sold $335,000 -4.3% $273 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
01/27/2025 01/27/25 For Sale $349,900 +386.0% $285 / Sq Ft
06/01/2012 06/01/12 Sold $72,000 -4.0% $63 / Sq Ft
05/03/2012 05/03/12 Pending -- -- --
03/06/2012 03/06/12 For Sale $75,000 -- $66 / 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
2023 $1,715 $132,010 $0 $0
2022 $1,595 $128,170 $0 $0
2021 $1,634 $124,440 $0 $0
2020 $1,589 $122,730 $0 $0
2019 $1,530 $119,980 $0 $0
2018 $1,526 $117,750 $0 $0
2017 $1,528 $115,330 $38,000 $77,330
2016 $1,782 $89,560 $16,000 $73,560
2015 $1,743 $83,920 $16,000 $67,920
2014 $1,664 $77,610 $16,000 $61,610
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1035433

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-35-78-0000E.0-0009.00