520 Palm Island Ln Vero Beach, FL 32963
Estimated payment $20,592/month
Total Views
14
4
Beds
5
Baths
4,150
Sq Ft
21,780
Sq Ft Lot
Highlights
- Beach Access
- Fitness Center
- Gas Heated Pool
- Beachland Elementary School Rated A-
- Gated with Attendant
- 2-minute walk to Dog Water Stop
About This Home
This masterfully built, turn-key designer-appointed newer residence embodies timeless elegance and modern refinement. Custom marble flooring with precision-matched veining, exceptional millwork, and expansive walls of impact glass define luminous interiors that transition seamlessly to an expansive outdoor sanctuary. A grand enclosed lanai w/fireplace and screens overlook a resort-style pool w/an oversized sunshelf. The chef’s kitchen is appointed w/Miele appliances and marble surfaces. A serene primary suite, elegant guest en-suites, and a refined office complete this distinguished offering.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,792
Year Built
- Built in 2016
Lot Details
- 21,780 Sq Ft Lot
- Lot Dimensions are 120x179
- South Facing Home
- Sprinkler System
HOA Fees
- $1,433 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Driveway
Property Views
- Lake
- Garden
Home Design
- Tile Roof
- Stucco
Interior Spaces
- 4,150 Sq Ft Home
- 2-Story Property
- Wet Bar
- Central Vacuum
- Crown Molding
- 1 Fireplace
- Blinds
- Sliding Doors
Kitchen
- Built-In Oven
- Range
- Microwave
- Ice Maker
- Dishwasher
- Wine Cooler
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
- Marble
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Closet Cabinetry
- Walk-In Closet
Laundry
- Laundry Room
- Laundry on lower level
- Dryer
- Washer
- Laundry Tub
Outdoor Features
- Gas Heated Pool
- Beach Access
- Water Access
- Balcony
- Covered Patio or Porch
- Rain Gutters
Utilities
- Multiple cooling system units
- Multiple Heating Units
- Electric Water Heater
- Water Purifier
Listing and Financial Details
- Tax Lot 13
- Assessor Parcel Number 31393600031000200013.0
Community Details
Overview
- Association fees include common areas, ground maintenance, pest control, pool(s), recreation facilities, security, trash
- Private Membership Available
- Elliott Merrill Association
- Palm Isl Plantation Subdivision
Recreation
- Fitness Center
- Community Pool
Additional Features
- Clubhouse
- Gated with Attendant
Map
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Home Values in the Area
Average Home Value in this Area
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 | $22,484 | $1,884,218 | -- | -- |
| 2024 | $20,789 | $1,884,218 | -- | -- |
| 2023 | $20,789 | $1,777,782 | $0 | $0 |
| 2022 | $11,677 | $1,009,010 | $0 | $0 |
| 2021 | $11,792 | $979,621 | $0 | $0 |
| 2020 | $19,000 | $1,489,517 | $424,923 | $1,064,594 |
| 2019 | $21,026 | $1,593,739 | $444,535 | $1,149,204 |
| 2018 | $20,065 | $1,492,620 | $405,311 | $1,087,309 |
| 2017 | $19,811 | $1,492,620 | $0 | $0 |
| 2016 | $3,745 | $261,490 | $0 | $0 |
| 2015 | $2,750 | $183,040 | $0 | $0 |
| 2014 | $2,600 | $172,280 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/14/2022 04/14/22 | Sold | $2,725,000 | +9.2% | $657 / Sq Ft | View Prior Sale |
| 03/15/2022 03/15/22 | Pending | -- | -- | -- | |
| 01/10/2022 01/10/22 | For Sale | $2,495,000 | +42.6% | $601 / Sq Ft | |
| 07/06/2020 07/06/20 | Sold | $1,750,000 | -12.3% | $434 / Sq Ft | View Prior Sale |
| 06/06/2020 06/06/20 | Pending | -- | -- | -- | |
| 11/01/2019 11/01/19 | For Sale | $1,995,000 | -- | $494 / Sq Ft |
Source: REALTORS® Association of Indian River County
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,725,000 | None Listed On Document | |
| Warranty Deed | $1,750,000 | Attorney | |
| Warranty Deed | $360,000 | Attorney | |
| Warranty Deed | $250,000 | -- | |
| Warranty Deed | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $800 | Purchase Money Mortgage |
Source: Public Records
Source: REALTORS® Association of Indian River County
MLS Number: 296239
APN: 31-39-36-00031-0002-00013.0
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