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514 PALM AVENUE

House For Sale
$285,000

BTC: 4.52380952

ETH: 163.23024055

-$30K (2026/05/19)
78 days
4 bds
2 ba
1,156 sqft

Overview

Fantastic opportunity to own a remodeled concrete block home in South Merritt Island. Open floor plan and tile floors throughout. Enter though screen enclosed front porch. Large living room opens to remodeled kitchen with wood cabinetry, granite counters and stainless appliances Refrigerator 2024. Room for a café table or butcherblock island. Home can function as a 4 bed/2 bath or 3 bed with extra-large family room (used to have a pool table!). Both bathrooms remodeled. Indoor laundry, washer and dryer included. 2024 HWH. Sliders exit to screen enclosed porch overlooking fully fenced yard. Storage shed on concrete slab. Double gate on west side with large side yard for boat storage. BRAND NEW Interior Electrical panel and Exterior 150 amp Service Panel. AC 2020 on an FPL lease and maintenance program. Excellent Roof 2017. 1 car carport. Peaceful neighborhood close to shops, restaurants, A rated Tropical Elementary, and Jefferson Middle Schools.

Location

Details

Type:
Residential
Parking:
Driveway
Year Built:
1959
Lot:
0.17 Acres
Heating:
Central / Electric
Price/sqft:
$247
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$225,000
$147K – $291K
Confidence Low
List vs. estimate
$60K above estimate
List $285,000 · +26.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$246
+0.6% vs. city median $245
Based on
9 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$846
2025
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Split Bedroom

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 2

  • Parking

    • Driveway

    Property

    • Levels: One

    • Exterior Features: Sliding Doors

    Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 24 363578F19

    • Zoning: RU19

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

    • Electricity Connected

    • Sewer Connected

    • Water Connected

    Green energy

    • Thermostat

  • Other financial information

    • Annual tax amount: $846

  • Source details

    • MLS ID: O6391708

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Electric Dryer Hookup / Inside / Washer Hookup

    • Patio And Porch Features: Front Porch / Patio / Porch / Rear Porch / Screened

    • Direction Faces: South

    • Other Structures: Shed(s)

    • Living Area: 1156

    • Water Source: Public

    • Lot Size Dimensions: 76 x 100

    • Subdivision Name: MERRITT RIDGE SHEET 03

Private inquiry
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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: PASTERMACK REAL ESTATE