2 months on rocket

5285 Palmetto Dr, Melbourne, FL, 32951

$1,200,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Full Baths
1,122 SqFt
$1,070/SqFt
Multi

Location

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5285 Palmetto Dr, Melbourne Beach$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingShared Driveway
Year Built1985
HeatingCentral
CoolingCentral Air
MLS #2042137
Lot Size0.31 Acres
StatusActive

About 5285 Palmetto Dr

5283-5285 Palmetto Dr. LOCATION LOCATION LOCATION!! Charming tropical DUPLEX within walking distance of beautiful Melbourne Beach on over half an acre.

Property Details

Property Features

Property Information:

  • Year Built: 1985
  • Living Area: 1,122 SqFt

Listing Office:

  • Office Name: SKYLINE JAX REAL ESTATE LLC
  • Listing Agent: LENA H TILLMAN

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Freezer, Refrigerator
  • Flooring Type: Carpet, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Shared Driveway

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Dead End Street, Many Trees
  • Lot Size: 0.31 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: South on Ocean Ave & S. A1A Atlantic Ave. turn right on Atlantic Dr. turn left on Palmetto to end of cul-de-sac 5283

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $1,070/SqFt
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Housing Market Comparison

See how this home compares to others in Melbourne Beach, FL.

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Melbourne Beach, FL

City

Med. Sold Price

$714.5K

Med. Price/SqFt

$362

Avg. Days On Market

139

# of Sold Homes

17

5285 Palmetto Dr vs Melbourne Beach

80 DAYS ON ROCKET

-59 Days

$1,200,000

+$485.5K More

$1,070/SqFt

+$707 More

KEY TAKEAWAY

This property is $485.5K more than the Median Sold Price and $707/SqFt more than other homes in Melbourne Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: realMLS (Northeast Florida Multiple Listing Service)
  • MLS Number: #2042137

Listing Office:

  • Office Name: SKYLINE JAX REAL ESTATE LLC
  • Listing Agent: LENA H TILLMAN

Copyright © 2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by other brokerage firms are marked with the listing broker's name and detailed information about such listings. Data provided is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 2:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-408818
3
/10

  • Palm Bay Elementary School

  • 1200 Alamanda Rd NE

  • 5.67 miles

  • Public District Grades PK-6

school-card-donut-408819
10
/10

  • Gemini Elementary School

  • 2100 Oak St

  • 5.67 miles

  • Public District Grades KG-6

school-card-donut-408820
6
/10

  • Port Malabar Elementary School

  • 301 Pioneer Ave NE

  • 6.51 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,353. The majority of Melbourne Beach, FL residents have income between $35k-100k annually. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Brevard County›Melbourne Beach›32951›5285 Palmetto Dr

This home is located at 5285 Palmetto Dr in Melbourne, FL and zip code 32951. This 1,122 square foot home, which was built in 1985, sits on a 0.31 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $1,200,000.

In October 2024, from all listings sold in Melbourne Beach, FL there were more than 0 sold above asking price, over 16 sold below and more than 1 were sold right at the asked price. Between September 2024 and October 2024, Melbourne Beach, FL real estate market has seen increase in the number of listings by 2.6%. In October 2024, listings were on the market for 139 days. During the same period, the median list price in this real estate market was $714,500.

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

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