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$2,495,000   Price Analysis
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240 Palm Island Ln
Vero Beach, FL 32963
3 bed 4 bath 2,947 SqFt ($846/SqFt)
0.26 acre lot. Built 2020
Listed 2024-04-02, HOA $1250, Taxes $14,017
Ⓧ USDA Ineligible
due to price & location

near Vero Beach

This 2020 crafted 3 ensuite residence in highly desirble Palm Island Planation

* No Longer For Sale *
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Is the perfect blend of casual and sophistication. Outstanding craftsmanship, soaring ceilings, split plan, gas fireplace, tones of white create a feeling of serenity and peace.

En joy the well-appointed kitchen/family and living room all opening to the pool surrounded with lush landscaping. A short walk to the day dock, fitness center and private beach club. A must see!


Presented by Charlotte Terry at
Alex MacWilliam, Inc. Real Estate.
Listing Agent Photo

Property MLS #276975 from IndianRiverCounty

Bedrooms: 3

Total Rooms: 8

Total Bathrooms: 4
Full Bathrooms: 3
1/2 Bathrooms: 1

Attic
Bathtub
ClosetCabinetry
CrownMolding
GardenTubRomanTub
HighCeilings
KitchenIsland
PullDownAtticStairs
SplitBedrooms
VaultedCeilings
WalkInClosets
FrenchDoorsAtriumDoors
Furnished Description: Negotiable
Door Features: FrenchDoors, SlidingDoors
Flooring: Marble, Tile, Wood
Window Features: TintedWindows

BuiltInOven
Cooktop
Dryer
Dishwasher
ElectricWaterHeater
Disposal
Microwave
Refrigerator
WineCooler
Washer
Laundry Features: LaundryRoom, LaundryTub

Cooling Features: CentralAir, Electric
Heating Features: Central, Electric
Heating: Yes
Number of Fireplaces: 1

Fence
SprinklerIrrigation
Porch
RainGutters
PropaneTankOwned
Patio And Porch Features: Covered, Porch
Road Surface Type: Paved

Pool Features: Pool, Private, Community
Pool Private: Yes
Spa Features: Community

BeachAccess

Lot Description: Item14to12AcreLot
Lot Size Acres: 0.26
Lot Size Dimensions: 75x137
Lot Size Square Feet: 11326

Garage Spaces: 2
Parking Features: Garage

View: Pool
Security Features: SecuritySystemOwned, GatedwithGuard, SecurityLights

Association: Yes
Association Fee: 1250
Association Fee Includes: CommonAreas, Insurance, MaintenanceGrounds, Pools, RecreationFacilities, Trash
Calculated Total Monthly Association Fees: 1250
Association Name: Elliot Merrill
Pets Allowed: Yes

Barbecue
ClubMembershipAvailable
Clubhouse
Fitness
Sidewalks
Gutters
Pool
Community Features: Barbecue, ClubMembershipAvailable, Clubhouse, Fitness, Sidewalks, Gutters, Pool

Annual Tax Amount: 14358
Source Listing Status: Closed
County: Indian River County
Directions: Going North on A1A, turn left into Palm Island Plantation, home will be on the right
Tax Year: 2023
Ownership: Single Family/Other
Source Property Type: Residential
Area: Beach Central
Source Neighborhood: Palm Isl Plantation
Parcel Number: 31393600031000100061.0
Postal City: Vero Beach
Subdivision: Palm Isl Plantation
Zoning: Residential
Zoning Description: Residential
Property Subtype: Detached
Lot Number: 61
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$986,325 + $213,233
$1,199,558
$14,017
2021$unknown + $unknown
$160,247
$2,305
2020$unknown + $unknown
$145,679
$2,257
2019$unknown + $unknown
$132,435
$2,310
2018$unknown + $unknown
$120,395
$2,151
2017$unknown + $200,310
$200,310
$2,143
2016$unknown + $129,230
$129,230
$1,645
2015$unknown + $90,460
$90,460
$1,359
2014$unknown + $unknown
$85,140
$1,285
2013$unknown + $unknown
$80,880
$1,208
2012$unknown + $unknown
$92,440
$1,381
2011$unknown + $unknown
$92,440
$1,380
2010$unknown + $unknown
$115,550
$1,724
2009$unknown + $unknown
$144,440
$2,053
2008$unknown + $unknown
$213,770
$2,877
2007$unknown + $unknown
$158,040
$2,171

Sold 2024-05-30
$2,300,000
IndianRiverCounty
Listed 2024-04-02
$2,495,000
IndianRiverCounty
Listing removed 2024-03-11
$17,000
IndianRiverCounty
Sold 2021-05-14
$1,450,000
IndianRiverCounty
Price Changed 2021-01-12
$1,445,000
IndianRiverCounty
Listed 2021-01-04
$1,425,000
IndianRiverCounty
Listing removed 2021-01-02
$1,429,000
IndianRiverCounty
Price Changed 2020-10-14
$1,429,000
IndianRiverCounty
Price Changed 2020-08-06
$1,425,000
IndianRiverCounty
Listed 2020-06-05
$1,400,000
IndianRiverCounty

Total Square Feet Living: 2947
Year Built: 2020
Building Area Source: Plans
Construction Materials: Stucco
Direction Faces: South
Levels: One
Living Area Source: Plans
Property Age: 4
Roof: Tile
Levels or Stories: 1
Building Total Stories: 1
Architectural Style: OneStory

Sewer: PublicSewer
Water Source: Public

Gifford Middle School is a public middle school located approximately 4.5 miles away.
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Beachland Elementary School is a public elementary school located approximately 5.8 miles away.
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Vero Beach High School is a public high school located approximately 7.4 miles away.
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New Hope Christian Academy is a private elementary school located approximately 2.9 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.