$1,150,000

5285 Palmetto Dr Unit 5285/5285 Melbourne Beach, FL 32951

Floridana Beach Neighborhood

Estimated payment $6,512/month

Total Views 155
-- Bed
-- Bath
2,244 Sq Ft
$512 Price per Sq Ft

Highlights

  • Community Beach Access
  • View of Trees or Woods
  • Cul-De-Sac
  • Gemini Elementary School Rated A-
  • No HOA
  • Hurricane or Storm Shutters

About This Home

Discover this rare duplex located just a five minute walk to a quiet ocean access in the desirable Melbourne Beach area. Each side features three spacious bedrooms and two full baths, perfect for investors or those seeking a versatile living arrangement. The properties sit on a very large, private lot at the end of a peaceful cul-de-sac, offering tranquility and seclusion. Recent updates include a new roof installed in 2018 and hurricane shutters, ensure peace of mind for years to come. Inside, both units boast vaulted ceilings, creating an open and airy atmosphere, complemented by cozy fireplaces that add charm and warmth. Each side also includes a one-car garage, providing convenient parking and storage. The expansive lot and quiet location make it ideal for outdoor gatherings or future expansion. Whether you're looking for a private retreat or an income-generating investment, this duplex offers exceptional potential in a sought-after, serene setting just minutes from the ocean.

Listing Agent

Laura Dowling-Roy

Premier Properties Real Estate License #662285

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,261

Year Built

  • Built in 1985

Lot Details

  • 10,019 Sq Ft Lot
  • Property fronts a county road
  • Cul-De-Sac
  • West Facing Home
  • Wood Fence

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Shingle Roof
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 2,244 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Tile Flooring
  • Views of Woods
  • Hurricane or Storm Shutters

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Schools

  • Gemini Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • The owner pays for grounds care, insurance, trash collection
  • Assessor Parcel Number 29-38-10-00-00016.0-0000.00

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Beach Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,261

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1985
  • Reso Property Sub Type: Duplex
  • ResoLotFeatures: Cul-De-Sac
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Reso View: Trees/Woods
  • Reso Association Amenities: Beach Access
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Appliances Microwave: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Washer
  • Fireplace Features: Wood Burning
  • Stories: 1
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Roof: Shingle
  • Fencing: Wood
  • Acres: 0.23
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Stucco
  • Direction Faces: West
  • Construction Materials:Block2: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Storm Shutters: Yes
  • Lot Features:Cul-De-Sac: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Water Connected
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Beach Access: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2953600
  • Parcel #: 29-38-10-00-00016.0-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: Cable TV, Electricity, Telephone
  • Owner Pays: Grounds Care, Insurance, Trash Collection

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1260.9

Multi Family

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2025 04/27/25 For Sale $1,150,000 -- $512 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1044425

Space Coast MLS (Space Coast Association of REALTORS®)