#287757, Michael T Merrill, Listing Office: Douglas Elliman Florida LLC
$2,295,000 List price
407 S Palm Island Cir Vero Beach, FL 32963
$10,000
Closing credit¹
3 beds
3 full, 1 partial
3,616 sqft
0.4 acres
$635 / sqft
House
Property details
About 407 S Palm Island Cir
PRICE IMPROVEMENT! Stunning 2-story luxury home perfect for entertaining and relaxing! 2024 roof, exterior paint, hardware & lighting. Rich moldings, volume ceilings, hardwood floors, 2 gas fireplaces, built-ins. French doors open to lanai, patio, pool, spa in lush, private setting. Spacious dining room adjacent to wet bar and gourmet kitchen with island and breakfast nook. 1st floor primary suite with huge walk-in closet is separate from upstairs guest wing with 2 en suite bedrooms, French doors, spacious sitting room. Oceanfront beach club, resort-style pool, fitness center and boat docks.
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size3,616 sqft
Lot size0.39 Acres
Year built2005
ParkingAttached, Garage, Garage Door Opener, Paver Block
MLS #285574
Attached garage2 spaces
WaterfrontBeach
ViewGarden, Lake, Pool
Private poolYes
Virtual tour
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Appliances: Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Wine Cooler, Washer, Water Heater
- Flooring Type: Carpet, Tile, Wood
- Interior: Wet Bar, Built-in Features, Crown Molding, High Ceilings, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s), Central Vacuum, Master Downstairs
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: Yes
- Parking: Attached, Garage, Garage Door Opener, Paver Block
- Waterfront: Beach
- View: Garden, Lake, Pool
- Exterior: Balcony
- Architectural Style: Two Story
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $2,295,000
- Price/SqFt: $634
- HOA Amount: $1015
- Annual Tax Amount: $12,988
- Tax Year: 2023
- Lot: Cul-De-Sac
- Directions: North on A1A to Palm Island Plantation just past River Club. Enter through gate, continue straight to circle, bear left around circle to #407 on right in cul de sac.
- Year Built: 2005
- Stories: 2
- Living Area: 3,616 SqFt
- Lot Size: 0.39 Acres
- MLS Number: 285574
- MLS Name: IndianRiver
- Office Name: Engel & Voelkers Vero Beach
- Office Phone: (772) 410-4155
- Listing Agent: Diane L Field
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Realtor Association of Indian River County. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2025 Realtor Association of Indian River County. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/31/2025, 10:15:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$2,295,000
407 S Palm Island Cir
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 19, 2015 | Home Sold | $1,000,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,125,042 | $12,988 |
History based on county public records data.
Nearby schools
4
North County Charter School
Public Charter KG-5
2.4 mi
•6640 Old Dixie Hwy
7
Liberty Magnet School
Public Magnet KG-5
4.7 mi
•6850 81st St
6
Pelican Island Elementary School
Public District PK-5
4.9 mi
•1355 Schumann Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $131,743. Typical income of Vero Beach, FL residents is between $100k-200k annually. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
12%
<35k
26%
35k-100k
38%
100k-200k
24%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
28%
Single, No Kids
1%
Single, with Kids
67%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
3%
<11 yrs old
2%
12-17 yrs old
2%
18-34 yrs old
35%
35-64 yrs old
58%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Skiing/snowboarding
Figure Skating
Where do the neighbors shop?
Stein Mart
BJs Wholesale Club
Kmart
Where do the neighbors go to eat?
Bob Evans
Cracker Barrel
Panera
What do the neighbors drive?
Lincoln
Lexus
Infiniti
What do the neighbors listen to?
News/Talk/Information
Oldies
Adult Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 407 S Palm Island Cir
The listing price of 407 S Palm Island Cir property is $2,295,000.
The property 407 S Palm Island Cir is a house located in Vero Beach, Florida, 32963.
Active Listing: 407 S Palm Island Cir is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 407 S Palm Island Cir are: North County Charter School (GreatSchools Rating 4/10), Liberty Magnet School (GreatSchools Rating 7/10), Pelican Island Elementary School (GreatSchools Rating 6/10), Gifford Middle School (GreatSchools Rating 4/10), Storm Grove Middle School (GreatSchools Rating 5/10), Sebastian Charter Junior High School (GreatSchools Rating 9/10), Indian River Virtual Instruction Program (GreatSchools Rating 4/10), Alternative Center for Education (GreatSchools Rating 2/10), Vero Beach High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $12,988 (source: MLS/based on county public records data).
The last sale was on February 19, 2015 for $1,000,000 (source: MLS/tax record).
The property at 407 S Palm Island Cir has 3 bedrooms and 3 full and 1 half bathrooms.
The property 407 S Palm Island Cir is 3,616 SqFt (source: MLS/tax record).
The year of construction for 407 S Palm Island Cir is 2005.
This home is located at 407 S Palm Island Cir in Vero Beach, FL and zip code 32963 in the Palm Island Plantation neighborhood. This 3,616 square foot home, which was built in 2005, sits on a 0.39 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 19, 2025 and is currently priced at $2,295,000.
In April 2025 more than 21 listings in Vero Beach, FL were sold above the asking price. During the same period more than 50 listings were sold at asking price, while more than 251 were sold below. Between March and April 2025, Vero Beach, FL real estate market has seen increase in the number of listings by 5%. In April 2025 median list price was $408,524 and the average listing age was 93 days.
From Rocket Homes Real Estate and based on county public records data.