514 Palm Avenue, Merritt Island, FL 32952
Merritt Ridge Sheet 3 · Brevard County
Key Facts
Description
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.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1959
Stories
1
Living Area
1,399 sq ft
Lot Size
0.17 acres
Lot Dimensions
76x100
MLS® Listing#
1071906
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Parking
Laundry
Patio
Fencing
Lot Features
Construction
Roof
Security
Other Structures
Utilities
Sewer
Water Source
Schools
- Elementary:
- Tropical
- Middle:
- Jefferson
- High:
- Merritt Island
Financial Details
HOA
None
Annual Taxes
$846
Tax year 2025
Parcel Number
24-36-35-78-0000f.0-0019.00
Affordability Calculator
$55,000
Estimated monthly payment
$1,464/mo
Principal $220,000 · Est. interest $306,920 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Merritt Island, FL
- $696,190
- Median Listing Price
- 99
- Median Days on Market
- 1,708
- Median Sq Ft
- $466
- Median Price / Sq Ft
- 1,314
- Active Listings
- This home’s price is 60% below the area median.
- Its price per sq ft is 58% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Merritt Island, FL.
Location
- 514 Palm Avenue, Merritt Island, FL 32952
Points of Interest in Merritt Island, FL
Showing the Merritt Island area map.
Nearby Schools
Brevard Private Academy
School · 0.2 mi away
Tropical Elementary School
Elementary · 0.5 mi away
2fly Airborne
School · 0.6 mi away
Merritt Island Christian School
Secondary · 0.7 mi away
Faith Lutheran School
School · 0.9 mi away
Edgewood Junior Senior School
Secondary · 1.1 mi away
Mila Elementary School
Elementary · 1.1 mi away
Thomas Jefferson Middle School
Secondary · 1.1 mi away
Rockledge Presbyterian Church
School · 1.7 mi away
Florida Learning Academy Private School
School · 1.8 mi away
Rockledge High School
Secondary · 1.9 mi away
St Mark's Episcopal Academy
School · 1.9 mi away
St Mary Catholic Church
School · 2.0 mi away
Merritt Island High School
Secondary · 2.0 mi away
Prodigy Talent Training
School · 2.1 mi away
Gardendale Elementary School
Elementary · 2.3 mi away
Horace Mann Academy
School · 2.4 mi away
Educators Inc. Private Christian School
Secondary · 2.5 mi away
Audubon Elementary School
Elementary · 2.5 mi away
Ronald McNair Magnet Middle
Secondary · 2.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2087 Hidden Grove Lane 105, Merritt Island, FL | $210,000 | 3 | 2 | 1,512 |
| 2097 Hidden Grove Lane 102, Merritt Island, FL | $210,000 | 3 | 2 | 1,604 |
| 2135 N Courtenay Parkway 217, Merritt Island, FL | $215,000 | 3 | 2 | 1,285 |
| 315 Nice Court, Merritt Island, FL | $223,000 | 3 | 2 | 1,512 |
| 2370 WOOD HOLLOW Lane B, Fleming Island, FL | $228,000 | 3 | 3 | 1,460 |
| 1665 VINELAND Circle B, Fleming Island, FL | $235,000 | 3 | 3 | 1,487 |
Moving Cost Estimate
EXIT Agents in Merritt Island
Listing Courtesy: Pastermack Real Estate - 3214527785