See Home Value
$520,000
● House - Off Market

5120 Palm Drive

Melbourne Beach, FL 32951
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,493 Ft²
$554,033
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Opportunity is knocking in this laid-back island lifestyle of Melbourne Beach in the wonderful community of Crystal Lakes. Vaulted ceilings and windows galore make this clean home bright and airy. Entertain in the open-concept kitchen and family room overlooking the private large backyard. The split-plan design offers three bedrooms, two bathrooms  and a spacious owner's suite with a shower and walk-in closet. This home is in close proximity to tons of notable amenities including private beaches, Brevard's best schools and Sebastian Inlet State Park. There is a multitude of ocean and river accesses, dining, and entertainment for all.
Unit Size
1,493 Ft²
Days on Market
51 days
Land Size
0.26 acres
Price per sqft
$352
Property Type
House
Property Taxes
$136
HOA Dues
-
Year Built
1989

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Last updated: 5 months ago (Space Coast MLS #946342)

Price History

Date / Event Date Event Price
Oct 20, 2025 Sold
Sold
Oct 20, 2025 Listed by Non-MLS or Out of Area $695,000
Listed by Non-MLS or Out of Area
Opportunity awaits in the relaxed island lifestyle of Melbourne Beach!
Sep 26, 2025 In contract -
In contract
Aug 22, 2025 Listed by KELLER WILLIAMS ST PETE REALTY $719,950
Listed by KELLER WILLIAMS ST PETE REALTY
Opportunity awaits in the relaxed island lifestyle of Melbourne Beach! Nestled in the desirable New Melbourne Beach community, this entirely and beautifully remodeled, upgraded home is filled with natural light thanks to vaulted tongue and groove ceilings, upgraded Pella energy-efficient windows, and a matching sliding glass door. The open-concept kitchen and family room create the perfect space for entertaining, with views of the expansive private backyard. Elegant Designer Fanimation Odyn ceiling fans add both style and comfort throughout the home while the 30cm x 120cm Spanish porcelain tile throughout elevates the ambiance. A thoughtful split-floor plan offers three bedrooms and two bathrooms, including a spacious owner’s suite complete with a walk-in closet and a walk-in shower. Enjoy the best of coastal living with private beaches, top-rated Brevard schools, and Sebastian Inlet State Park just minutes away. With countless river and ocean access points, along with a variety of dining and entertainment options nearby, this home is the perfect blend of modern upgrades, convenience, and beachside charm. variety of dining and entertainment options nearby, this home perfectly blends comfort, convenience, and the charm of coastal living.
Nov 8, 2022 Sold
Sold
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • 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: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 17
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,959
  • Gross Building Area: 1,959
  • Building Area: 1,493
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,493
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEW MELBOURNE BEACH
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: NEW MELBOURNE BEACH LOT 16 & S 1/2 OF LOT 17 BLK 3

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 066104

Zoning

  • Zoning: RU17

Geography

  • Assessors Map Reference: 408
  • Account Number: 2953511
  • Parcel: 29-38-10-GX-00003.0-0016.00
  • Block: 3
  • Lot: 16
  • Meridian: SEC 10 TWN 29S RNG 38E
  • Municipality: UNINCORP DISTRICT 3
  • Latitude: 27.9826
  • Longitude: -80.5175

    Address

  • Full Address: 5120 Palm Dr
  • Address - House Number: 5120
  • Address - Street Name: Palm
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne Beach
  • Carrier Code: R084
  • 4-Digit Zip Code: 3240
  • Zip Code: 32951

Valuation

    Tax

  • Total Area: 1,764
  • Tax Year: 2022
  • Tax Amount: $160,393
  • Tax Rate Code Area: 3400

    Appraisal Valuation

  • Standard Deviation: 0.1969
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 571,095
  • High Value: 683,549
  • Low Value: 458,642

    Market Valuation

  • Market Total Value: $389,040

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $139,050

    Sales

  • Current Sale Contract Date: Nov 07, 2022
  • Current Sale Recording Date: Nov 08, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 266338
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About New Melbourne Beach


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Nearby Rentals

Unit for rent at 112 Casseekee Trail, Melbourne Beach, FL, 32951

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,350 ft²
112 Casseekee Trail #2112, Melbourne Beach, FL, 32951 Listing by Laura L Dowling Roy PA


Frequently Asked Questions

When was property at 5120 Palm Drive built and last sold?
The property at 5120 Palm Drive was built in 1989 and last sold on Nov 7, 2022 for $520,000.
How much is this home worth?
The estimated value of the home located at 5120 Palm Drive is $0.
What are some comparable homes to 5120 Palm Drive?
There are currently no comparable homes to 5120 Palm Drive.