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5120 PALM DRIVE

House Recently Sold
$695,000

BTC: 10.85937500

ETH: 398.05269187

Sold on: 2025-10-20
30 days
3 bds
2 ba
1,495 sqft

Overview

Opportunity awaits in the relaxed island lifestyle of Melbourne Beach! Nestled in the desirable New Melbourne Beach community, this entirely and beautifully remodeled, upgraded home is filled with natural light thanks to vaulted tongue and groove ceilings, upgraded Pella energy-efficient windows, and a matching sliding glass door. The open-concept kitchen and family room create the perfect space for entertaining, with views of the expansive private backyard. Elegant Designer Fanimation Odyn ceiling fans add both style and comfort throughout the home while the 30cm x 120cm Spanish porcelain tile throughout elevates the ambiance. A thoughtful split-floor plan offers three bedrooms and two bathrooms, including a spacious owner’s suite complete with a walk-in closet and a walk-in shower. Enjoy the best of coastal living with private beaches, top-rated Brevard schools, and Sebastian Inlet State Park just minutes away. With countless river and ocean access points, along with a variety of dining and entertainment options nearby, this home is the perfect blend of modern upgrades, convenience, and beachside charm. variety of dining and entertainment options nearby, this home perfectly blends comfort, convenience, and the charm of coastal living.

Location

Details

Type:
Residential
Parking:
Driveway
Year Built:
1989
Lot:
0.26 Acres
Heating:
Central / Electric
Price/sqft:
$482
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$314,500
$229K – $659K
Confidence Low
List vs. estimate
$405K above estimate
List $719,950 · +128.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$481
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,425
2024
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Built-In Oven

    • Dishwasher

    • Disposal

    • Dryer

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Driveway

    Property

    • Levels: One

    • Exterior Features: Hurricane Shutters / Lighting

    Lot

    • Lot: 0.26 Acres

    Other Property Information

    • Parcel Number: 29 3810GX316

    • Zoning: RU17

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $5,426

  • Source details

    • MLS ID: TB8420251

    Other facts

    • Construction Materials: HardiPlank Type

    • Foundation Details: Slab

    • Laundry Features: Laundry Closet

    • Lot Features: City Lot / Landscaped

    • Patio And Porch Features: Covered / Enclosed / Patio

    • Window Features: Shutters / Storm Window(s)

    • Direction Faces: East

    • Other Structures: Shed(s)

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1495

    • Water Source: Well

    • Lot Size Dimensions: 75 x 150

    • Subdivision Name: NEW MELBOURNE BEACH

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KELLER WILLIAMS ST PETE REALTY