When was property at 512 Palmetto Drive built and last sold?

The property at 512 Palmetto Drive was built in 1955 and last sold on Mar 17, 2021 for $261,000.

How much is this home worth?

The estimated value of the home located at 512 Palmetto Drive is $0.

What are some comparable homes to 512 Palmetto Drive?

There are currently no comparable homes to 512 Palmetto Drive.

Melbourne

32935

Carlton Stewart Gardens

512 Palmetto Drive

$255,000

● House - Off Market

512 Palmetto Drive

Melbourne, FL 32935

3 Beds

2 Baths

1,744 Ft²

$329,521

RealtyHop Estimate

24.35%

Since Apr 1, 2021

National-US

Primary Model

About This Property

Check out this beautiful home, stylishly renovated in a quiet neighborhood, hidden away in central Melbourne. Totally rebuilt in the early 1990's then renovated over the last year, it is now truly ''move in ready''! Lovely brick and stucco exterior, the roof was done in 2015. It features a nice master suite with HUGE walk-in closet, vaulted ceilings, a bonus room which would be a great office, a newly remodeled kitchen and an indoor laundry room. New paint inside and out, top of the line water softener, wood burning fireplace, hurricane shutters, and plenty of space to park your toys - because there is NO HOA here! In a city full of cookie-cutter homes, THIS home is a true gem. Make your appointment to see it today!

Unit Size

1,744 Ft²

Days on Market

70 days

Land Size

0.29 acres

Price per sqft

$152

Property Type

House

Property Taxes

$136

HOA Dues

Year Built

1955

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (Space Coast MLS #893781)

Price History

Date / Event	Date	Event
Sep 29, 2025	Sold	Premium
Sold
Aug 20, 2025	In contract	-
In contract
Aug 11, 2025	Price Decreased	$300,000 ↓ $15K (4.8%)
Price Decreased
Jul 11, 2025	Price Decreased	$315,000 ↓ $15K (4.6%)
Price Decreased
Jul 1, 2025	Price Decreased	$330,000 ↓ $10K (2.9%)
Price Decreased
Jun 4, 2025	Price Decreased	$340,000 ↓ $10K (2.9%)
Price Decreased
May 27, 2025	Price Decreased	$350,000 ↓ $10K (2.8%)
Price Decreased
May 16, 2025	Price Increased	$360,000 ↑ $105K (41.2%)
Price Increased
May 5, 2025	Listed by Blue Marlin Real Estate	$365,000
Listed by Blue Marlin Real Estate

	Charming 3BR/2BA home with tons of character and modern updates! Originally built in 1955 and rebuilt in the early '90s. Vaulted ceilings, wood-burning fireplace, and remodeled kitchen. Spacious master suite with oversized walk-in closet. Bonus room ideal for office or hobby space, indoor laundry, and premium water softener system. Major upgrades: New well & HVAC (2021), generator hookup (2024), underground electric service (2023), water heater (2025), and roof (2015). Nearly 1/3-acre lot with plenty of room for boat or RV—no HOA. Unique layout, flexible spaces, and move-in ready!
Mar 24, 2021	Sold	Premium
Sold
Jan 8, 2021	Listed by One Sotheby's International	$265,000
Listed by One Sotheby's International
May 15, 2019	Sold	Premium
Sold
Apr 20, 2019	Listed by One Sotheby's International	$179,000
Listed by One Sotheby's International

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1955

Effective Year Built: 1999
Building Count: 1
Bedroom Count: 2
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Bathroom Plumbing Fixtures: 8
Building Condition: 0
Building Quality: 10
Construction Type: 12
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 0
Roof Shape Type: 7
Roof Cover Type: 15
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 3
Garage Square Area: 300
Parking Space Count: 1
Patio Type: 5
Porch Type: 63
Pool Type: 0
Location Influence Type: 179

Dimensions

Lot Size Square Feet: 12,632

Lot Size Depth Feet: 1,250
Lot Size Frontage Feet: 1,000
Total Building Area: 2,259
Gross Building Area: 2,259
Building Area: 1,742
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 1,742
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: ATWATERS SUBDIVISION
Land Acres: 0000000290
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: ATWATERS SUBDIVISION LOT 10

Neighborhood

School District Name: Brevard County School District

Census Tract: 064301

Zoning

Zoning: RU111

Geography

Assessors Map Reference: 284

Account Number: 2718790
Parcel: 27-37-17-29-00000.0-0010.00
Lot: 10
Meridian: SEC 17 TWN 27S RNG 37E
Municipality: UNINCORP DISTRICT 4
Latitude: 28.1382
Longitude: -80.6492

Address

Full Address: 512 Palmetto Dr

Address - House Number: 512
Address - Street Name: Palmetto
Address - Suffix Type: Dr
State: FL
City Name: Melbourne
Carrier Code: C013
4-Digit Zip Code: 4217
Zip Code: 32935

Valuation

Tax

Total Area: 1,861

Tax Year: 2022
Tax Amount: $183,862
Tax Rate Code Area: 4200

Appraisal Valuation

Standard Deviation: 0.1976

Valuation Date: Jan 03, 2024
Confidence Score: 73
Final Value: 338,379
High Value: 405,243
Low Value: 271,515

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium
Second Open Lien Mortgage Lender:

Premium
Second Open Lien Mortgage Recording Date:

Premium
Second Open Lien Mortgage Loan Amount:

Premium
Second Open Lien Mortgage Term:

Premium
Second Open Lien Mortgage Position:

Premium
Second Open Lien Mortgage Loan Type:

Premium
Second Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $209,230

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $144,470

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Mar 17, 2021

Current Sale Recording Date: Mar 24, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2021075305
Previous Sale Recording Date: May 15, 2019
Previous Sale Contract Date: May 09, 2019
Previous Sale Amount: $179,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Carlton Stewart Gardens

Stats & Trends

Median Asking:

$309,950

Sale Price/ft²

$185

Below Asking

0.03%

Average Days on Market

Average Home Size

1549 ft²

Average Home Age

63.3 years

Currently For Sale

0 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1981 Guava Avenue, FL, 32935

$2,400 /mo

Studio
1 Bath
520 ft²

1981 Guava Avenue #104, FL, 32935 Listing by Nathan Doyle

Unit for rent at 1672 Pineapple Avenue, Melbourne, FL, 32935

$2,500 /mo

1 Bed
1 Bath
500 ft²

1672 Pineapple Avenue #1672, Melbourne, FL, 32935 Listing by Susan Etters

Unit for rent at 1795 Noel Place, Melbourne, FL, 32935

$2,400 /mo

3 Beds
2 Baths
1,752 ft²

1795 Noel Place #102, Melbourne, FL, 32935 Listing by Jordan K Reed

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Melissa Faye Mullen LLC, One Sotheby's International
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 893781

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

512 Palmetto Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Carlton Stewart Gardens

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions