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$315,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 514 Palm Ave
General
- Price: $315,000
- Taxes: $846 (2025)
- Status: Active
- Type: Single Family
- Source: BrevardCounty
- MLS ID: 1071906
- Updated: 3/14/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Primary Bathroom - Shower No Tub, Split Bedrooms
- Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Porch/Patio/Deck: Front Porch, Patio, Porch, Rear Porch, Screened
Parking
- Carport Spaces: 1
- Parking Features: Attached Carport
Location
- Area: 253 - S Merritt Island
- County: Brevard
- Subdivision: Merritt Ridge Sheet 3
- Driving Directions: South of Fortenberry and North of Cone Rd on S Plumosa St. West on Kennwood Ave. Left on Indian St. Right on Palm Ave. Home is about a block down on the right.
- Direction Faces: South
School Information
- Elementary School: Tropical
- Middle School: Jefferson
- High School: Merritt Island
Community
- Pets Allowed: Yes
- Pet Restrictions: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Block, Stucco
- Roof: Shingle
- Stories/Levels: 1
- Square Feet: 1,156
- Living Area: 1,156 Sq. Ft.
- Current Bldg. Use: Residential, Single Family
- Year Built: 1959
- Property Condition: Updated/Remodeled
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405
- Lot Dimensions: 76 x 100
- Street/Road Desc.: Asphalt
- Lot Features: Other
- Fencing (Description): Back Yard, Full, Privacy, Wood
Financial Considerations
- Price Per Sq. Ft.: $272.49
- Tax Amount: $846.07
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 24-36-35-78-0000f.0-0019.00
Listed by Pastermack Real Estate
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Schools
Schools serving 514 Palm Ave
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Tropical Elementary School, Merritt Island, FL 885 South Courtenay Parkway, Merritt Island, FL 32952 | K-6 | 0.5 mi |
Merritt Island High School 100 Mustang Way, Merritt Island, FL 32953 | 9-12 | 2.1 mi |
Thomas Jefferson Middle School, Merritt Island, FL 1275 South Courtenay Parkway, Merritt Island, FL 32952 | 7-8 | 1.1 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 514 Palm Ave
Date
Details
Price
Change
Source
3/13/2026
Listed
$315,000
425%
MLS
10/30/2009
Sold
$60,000
—
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 514 Palm Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$271
7%
$47,670
3%
2024
$253
4%
$46,330
3%
2023
$244
11%
$44,990
3%
2022
$220
-3%
$43,680
3%
2021
$226
—
$42,410
1%
2020
$225
-62%
$41,830
2%
2019
$588
2%
$40,890
2%
2018
$579
2%
$40,130
2%
2017
$567
1%
$39,310
2%
2016
$559
1%
$38,510
1%
2015
$553
—
$38,250
1%
2014
$552
4%
$37,950
1%
2013
$530
—
$37,390
—
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 514 Palm Ave
514 Palm Avenue, Merritt Island, FL 32952 (MLS# 1071906) is a Single Family property with 4 bedrooms and 2 full bathrooms. 514 Palm Avenue is currently listed for $315,000 and was received on March 13, 2026. Want to learn more about 514 Palm Avenue? Do you have questions about finding other Single Family real estate for sale in Merritt Island? You can browse all Merritt Island real estate or contact a Coldwell Banker agent to request more information.

