$3,400,000

540 Palm Island Ln Vero Beach, FL 32963

4 beds
4 full, 2 partial
4,731 sqft
0.5 acres
$719 / sqft
House

Property details

About 540 Palm Island Ln

Welcome to Palm Island Plantation. Extraordinary attention to detail throughout the 4,731± AC SF w/ 4 beds, 4.2 baths (incl. the guest house), & 3-car garage. No detail overlooked from the marble floors w/ 7.5” baseboards to the custom ceilings w/ crown molding. Feat. granite counters & high-end appliances in the kitchen. The expansive primary suite features a custom walk-in closet, bath w/ marble counters, whirlpool tub, vaulted barrel ceiling & courtyard. Enjoy outdoor living under the loggias or lounge out by the pool. Amenities incl. beach club w/ pool, fitness center, & marina.

Highlights

Home typeSingle Family Residence
StatusActive
Size4,731 sqft
Lot size0.48 Acres
Year built2007
ParkingAttached, Driveway, Garage, Garage Door Opener, Paver Block
MLS #282097
Attached garage3 spaces
WaterfrontBeach
ViewGarden, Pool, Lake
Private poolYes

Summary

  • MLS Number: 282097
  • MLS Name: IndianRiver
  • Office Name: One Sothebys Intl Realty
  • Listing Agent: Cindy J ODare, Richard D Boga

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: 3/14/2025, 12:15:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$3,400,000

540 Palm Island Ln

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Price information

Property sales

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Tax history

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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

4.6 mi

6850 81st St

6

Pelican Island Elementary School

Public District PK-5

4.7 mi

1355 Schumann 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 $131,743. The most common annual income of people living in Vero Beach, FL is between $100k-200k. The majority of families are married, no kids. Residents of this area typically 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/LPGAPGA/LPGA
  • Skiing/snowboardingSkiing/snowboarding
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Stein MartStein Mart
  • BJs Wholesale ClubBJs Wholesale Club
  • KmartKmart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel
  • PaneraPanera

What do the neighbors drive?

  • LincolnLincoln
  • LexusLexus
  • InfinitiInfiniti

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • OldiesOldies
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 540 Palm Island Ln

This home is located at 540 Palm Island Ln in Vero Beach, FL and zip code 32963 in the Palm Island Plantation neighborhood. This 4,731 square foot home, which was built in 2007, sits on a 0.48 acre lot. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $3,400,000.

In February 2025, from all listings sold in Vero Beach, FL there were more than 10 sold above asking price, over 184 sold below and more than 56 were sold right at the asked price. In February 2025 in Vero Beach, FL there were 13.4% more homes for sale than in January. Listings spent 104 days on the market in February 2025, and had a median list price of $417,393 during the same period.

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

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