Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

5125 PALMETTO DRIVE

House Recently Sold
$516,000

BTC: 8.34951456

ETH: 295.53264605

Sold on: 2024-03-28
12 days
2 bds
2 ba
1,227 sqft

Overview

The perfect beachside retreat! Perfectly situated between the river and ocean in Melbourne Beach! Just 2 blocks from beach access, a golf cart-friendly tropical oasis. Quaint one-story home with an oversized two-car garage, a private backyard, Tiki-Hut with electrical, a landscaped yard with sprinklers, and gorgeous coconut palms. Tile throughout living areas, 10-foot ceilings, updated electrical panel, new reverse osmosis system, newer roof, AC, and best of all -- NO HOA. Make this your next beachside paradise.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1996
Lot:
0.17 Acres
Heating:
Central / Electric
Price/sqft:
$440
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$310,000
$221K – $381K
Confidence Low
List vs. estimate
$229K above estimate
List $539,900 · +74.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$440
Based on
17 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,238
2023
Garage
2 car garage
All facts and features
  • Flooring

    • Bamboo

    • Carpet

    • Ceramic Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Electric Water Heater

    • Range

    • Refrigerator

    • Water Filtration System

    • Water Softener

    Other interior features

    • Ceiling Fan(s)

    • High Ceilings

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Split Bedroom

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Awning(s) / Irrigation System / Sliding Doors

    Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 29 3810GX322

    • Zoning: RES

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $4,238

  • Source details

    • MLS ID: O6179468

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: In Garage

    • Direction Faces: West

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1227

    • Water Source: Public

    • Subdivision Name: NEW MELBOURNE BEACH

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

Recently Sold
$525,000
House
3 bds · 2 ba · 2,151 sqft
CRYSTAL LAKES SUB, MELBOURNE BEACH
335 SPOONBILL LANE
Recently Sold
$655,000
3 bds · 2 ba · 2,427 sqft
SOUTH SHORES OCEANSIDE, MELBOURNE BEACH
5635 S HIGHWAY A1A UNIT A404
Recently Sold
$420,000
2 bds · 2 ba · 1,227 sqft
NEW MELBOURNE BEACH, MELBOURNE BEACH
5125 PALMETTO DRIVE
Recently Sold
$390,000
Condo/Co-op
2 bds · 2 ba · 1,169 sqft
LIGHTHOUSE CONDO PH 03, MELBOURNE BEACH
152 CASSEEKEE TRAIL UNIT 10-152
New
Recently Sold
$531,000
House
3 bds · 2 ba · 2,204 sqft
INDIAN LANDING PH 01, MELBOURNE BEACH
New
Recently Sold
$560,000
House
3 bds · 2 ba · 1,555 sqft
SOUTH SHORES PHASE II, MELBOURNE BEACH
5570 CORD GRASS LANE
Recently Sold
$395,000
Condo/Co-op
2 bds · 2 ba · 1,309 sqft
LIGHTHOUSE COVE CONDO PH 01, MELBOURNE BEACH
119 CASSEEKEE TRAIL UNIT 3-119
Recently Sold
$380,000
Condo/Co-op
2 bds · 2 ba · 1,065 sqft
LIGHTHOUSE COVE CONDO PH 04, MELBOURNE BEACH
180 CASSEEKEE TRAIL UNIT 180

Market around this address

Live counts in the same area.
View all

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: RE/MAX DOWNTOWN