$4,155

closing credit¹

527 Palm Ave Merritt Island, FL 32952

$349,900
2 beds
2 full
1,228 sqft
0.3 acres
$285 / sqft
House

Property details

About 527 Palm Ave

Step into the charm of this 2-bedroom, 2-bath cottage-style home situated in the serene surroundings of South Merritt Island, this delightful property features a screened-in pool and spa, promising endless relaxation and privacy under a sturdy metal roof installed in 2020. The home includes a circle driveway complemented by plenty of parking, a spacious carport, and a 2-car garage with an attached workshop area, perfect for crafts and projects. The property is fully fenced, offering a secure and private environment. Inside, the kitchen has been updated to blend modern amenities with homey comfort. Noteworthy upgrades include a 50 amp electrical service for RV parking, an AC unit from 2018 to include all new Ductwork, and a hot water heater also updated in 2018, ensuring the home runs smoothly and efficiently. Experience the blend of traditional charm and modern conveniences at this Merritt Island gem. New Exterior Paint 6 Months Old and Metal Roof comes with warranty!

Highlights

Home typeSingle Family Residence
HeatingElectric, Heat Pump
StatusActive
CoolingCentral Air
Size1,228 sqft
Lot size0.25 Acres
Year built1959
ParkingAttached,Attached Carport,Carport,Circular Driveway,Covered,Garage
MLS #1035433
Attached garage2 spaces
ViewPool

Virtual tour

Summary

  • MLS Number: 1035433
  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • Office Name: Coastal Life Properties LLC
  • Office Phone: (321) 633-2313
  • Office Email: jennclements1@gmail.com
  • Listing Agent: Jenn Clements

IDX Copyright © 2025 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it 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. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/8/2025, 11:50:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade featuring a carport and a front yard

$349,900

527 Palm Ave

$4,155

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 25, 2016
Home Sold
$140,000
Jun 07, 2012
Home Sold
$72,000

Tax history

YearAssessmentProperty Tax
2023$132,010$1,714
2022$128,170$1,595
2021$124,440$1,595
2020$122,730$1,589
2019$119,980$1,525
2018$117,750$1,527
2017$115,330$1,527

History based on county public records data.

Nearby schools

8

Tropical Elementary School

Public District KG-6

0.5 mi

885 S Courtenay Pkwy

4

MILA Elementary School

Public District PK-6

1.2 mi

288 W Merritt Ave

6

Audubon Elementary School

Public District PK-6

2.5 mi

1201 N Banana River Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $69,167. Most Merritt Island, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

25%
<35k
55%
35k-100k
19%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

51%
Single, No Kids
10%
Single, with Kids
26%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
7%
12-17 yrs old
20%
18-34 yrs old
47%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Horse RacesHorse Races
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Stein MartStein Mart
  • Sam's ClubSam's Club

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • LongHorn SteakhouseLongHorn Steakhouse
  • Bob EvansBob Evans

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • RockRock
  • Contemporary InspirationalContemporary Inspirational
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 527 Palm Ave

This home is located at 527 Palm Ave in Merritt Island, FL and zip code 32952 in the Merritt Ridge Sheet neighborhood. This 1,228 square foot home, which was built in 1959, sits on a 0.25 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 27, 2025 and is currently priced at $349,900.

In January 2025, from all listings sold in Merritt Island, FL there were more than 2 sold above asking price, over 35 sold below and more than 9 were sold right at the asked price. Between December and January 2025, Merritt Island, FL real estate market has seen increase in the number of listings by 15.3%. Listings spent 65 days on the market in January 2025, and had a median list price of $475,400 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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