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$385,000
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Property Description
Rare Opportunity in Melbourne Beach a .34 acre double lot just a short walk to the ocean. This unique property can be divided into two .17 acre homesites, offering flexibility to build your dream coastal retreat, investment property, or family compound. Enjoy the privacy of a larger parcel while still being close to the beach, river, dining and everything Melbourne Beach living has to offer.
Full Property Details
Full Property Details for 5185 Palm Dr
General
- Price: $385,000
- Taxes: $1,625 (2025)
- Status: Active
- Type: Vacant Land
- Source: BrevardCounty
- MLS ID: 1077953
- Updated: 5/21/2026
- Added to Site: 29 day(s) ago
Location
- Area: 384-Indialantic/Melbourne Beach
- County: Brevard
- Subdivision: New Melbourne Beach
- Driving Directions: heading south on a1a turn right on Atlantic dr then turn left on palm dr the listing is on the left
- Total Lots Available: 2
School Information
- Elementary School: Gemini
- Middle School: Hoover
- High School: Melbourne
Utilities
- Sewer: Private Sewer, Septic Tank
- Water: None
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Water Available
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Lot Size (Acres): 0.34
- Lot Size (Sq. Ft.): 7,405
- Frontage: County Road
- Street/Road Desc.: Asphalt
- Lot Features: Many Trees
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $1,625.27
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 29-38-10-Gx-00002.0-0031.00
Listed by Blue Marlin Real Estate
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Schools
Schools serving 5185 Palm Dr
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Gemini Elementary School 2100 Oak Street, Melbourne Beach, FL 32951 | K-6 | 5.5 mi |
Herbert C. Hoover Middle School 2000 Hawk Haven Drive, Indialantic, FL 32903 | 7-8 | 9 mi |
Melbourne Senior High School 74 Bulldog Boulevard, Melbourne, FL 32901 | 9-12 | 9.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5185 Palm Dr
Date
Details
Price
Change
Source
5/14/2026
Listed
$385,000
156.67%
MLS
2/06/2017
Sold
$150,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5185 Palm Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,623
4%
$156,000
—
2024
$1,555
2%
$156,000
—
2023
$1,531
19%
$156,000
11%
2022
$1,290
32%
$140,000
84%
2021
$978
-1%
$76,000
6%
2019
$984
-3%
$72,000
—
2018
$1,013
-4%
$72,000
—
2017
$1,058
-5%
$72,000
—
2016
$1,110
-5%
$72,000
—
2015
$1,163
-2%
$72,000
—
2014
$1,185
-3%
$72,000
—
2013
$1,222
—
$72,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5185 Palm Dr
5185 Palm Drive, Melbourne Beach, FL 32951 (MLS# 1077953) is a Vacant Land property with a lot size of 0.34 acres. 5185 Palm Drive is currently listed for $385,000 and was received on May 14, 2026. Want to learn more about 5185 Palm Drive? Do you have questions about finding other Vacant Land real estate for sale in Melbourne Beach? You can browse all Melbourne Beach real estate or contact a Coldwell Banker agent to request more information.

