506 Palm Ave Merritt Island, FL 32952
4
Beds
2
Baths
1,500
Sq Ft
7,405
Sq Ft Lot
Highlights
- Open Floorplan
- No HOA
- Breakfast Bar
- Traditional Architecture
- Screened Porch
- Views
About This Home
As of April 2025FLASH SALE, seller wants it sold! Major price reduction! 4/2 in the heart of Merritt Island with a NEW ROOF, ELECTRICAL PANEL, KITCHEN/BATHS, WATER HEATER, HVAC, FLOORING & more! An open floor plan connecting the living space to your new kitchen w/white shaker cabinets, beadboard backsplash and new Whirlpool appliances. Then to the light filled dining room presenting open views into your fenced-in yard. Perfect for family, friends, fur babies, a firepit or pool to entertain. Discover fresh paint, new lighting, and Pergo waterproof flooring. There's additional storage in the updated laundry room, and both front & back porches have been perfectly maintained and rescreened, creating the ideal spot to sit and sip your morning coffee or evening cocktail. So close to shopping mall, Cocoa Village, restaurants & only a 10 minute drive to the beach!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,094
Year Built
- Built in 1959 | Remodeled
Lot Details
- 7,405 Sq Ft Lot
- West Facing Home
- Wood Fence
- Front and Back Yard Sprinklers
- Few Trees
Parking
- 1 Attached Carport Space
Home Design
- Traditional Architecture
- Shingle Roof
- Block Exterior
- Asphalt
Interior Spaces
- 1,500 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Screened Porch
- Property Views
Kitchen
- Breakfast Bar
- Electric Oven
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
- Shower Only
Laundry
- Laundry in unit
- Washer and Electric Dryer Hookup
Outdoor Features
- Patio
Schools
- Tropical Elementary School
- Jefferson Middle School
- Merritt Island High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Merritt Ridge Sheet 3 Subdivision
Listing and Financial Details
- Assessor Parcel Number 24-36-35-78-0000f.0-0023.00
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/24/2025 04/24/25 | Sold | $335,000 | -1.4% | $223 / Sq Ft |
| 03/03/2025 03/03/25 | For Sale | $339,900 | +48.4% | $227 / Sq Ft |
| 04/26/2024 04/26/24 | Sold | $229,000 | 0.0% | $153 / Sq Ft |
| 04/13/2024 04/13/24 | For Sale | $229,000 | -- | $153 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $1,022 | $66,320 | $0 | $0 |
| 2022 | $967 | $64,390 | $0 | $0 |
| 2021 | $973 | $62,520 | $0 | $0 |
| 2020 | $915 | $61,660 | $0 | $0 |
| 2019 | $862 | $60,280 | $0 | $0 |
| 2018 | $860 | $59,160 | $0 | $0 |
| 2017 | $857 | $57,950 | $0 | $0 |
| 2016 | $863 | $56,760 | $16,000 | $40,760 |
| 2015 | $869 | $56,370 | $16,000 | $40,370 |
| 2014 | $873 | $55,930 | $16,000 | $39,930 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $153,000 | New Conventional | |
| Previous Owner | $120,426 | Unknown |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $229,000 | International Title |
Source: Public Records
Similar Homes in Merritt Island, FL
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1038898
APN: 24-36-35-78-0000F.0-0023.00
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