When was property at 5160 Palomino Drive built and last sold?

The property at 5160 Palomino Drive was built in 1975 and last sold on Jun 20, 1997 for $131,000.

How much is this home worth?

The estimated value of the home located at 5160 Palomino Drive is $585,699.

What are some comparable homes to 5160 Palomino Drive?

There are currently no comparable homes to 5160 Palomino Drive.

Brevard

32934

Lakewood Estates

5160 Palomino Drive

Sold on Apr 30, 2024

Map

$448,500

↓ $5K (0.9%)

● House - Off Market

5160 Palomino Drive

Melbourne, FL 32934

3 Beds

2 Baths

1,987 Ft²

$2,649

Est. Monthly

4.57%

Cap Rate

About This Property

Shaded, private driveway leads to your country oasis! Welcome home! Spacious great room living and dining area, updated kitchen 2009, w/GE Cafe appliances 2019, eat in area has french doors leading out to trellised side patio. Cozy family room overlooking pool area, gorgeous tile throughout. Many more upgrades including: Master bath updated in 2020, Metal roof 2015, expansive pool enclosure w/covered patio 2018, 2 Trane HVAC systems 2021, 2018 Shed/workshop in back houses all your tools and lawn equipment. Huge Fenced yard (fenced shared w/neighbors), mature trees, well for sprinklers (run manually). Transferable termite bond. Convenient to all shopping and major roadways yet still in a quiet country setting. 20 minute drive to the beach.

Unit Size

1,987 Ft²

Days on Market

49 days

Land Size

0.97 acres

Price per sqft

$251

Property Type

House

Property Taxes

$198

HOA Dues

Year Built

1975

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (Space Coast MLS #1006813)

Price History

Date / Event	Date	Event
Oct 4, 2025	Price Decreased	$549,900 ↓ $5K (0.9%)
Price Decreased
Oct 3, 2025	Price Decreased	$555,000 ↓ $15K (2.6%)
Price Decreased
Sep 29, 2025	Price Decreased	$569,900 ↓ $5K (0.9%)
Price Decreased
Sep 26, 2025	Price Decreased	$574,900 ↓ $5K (0.9%)
Price Decreased
Sep 21, 2025	Price Decreased	$579,900 ↓ $10K (1.7%)
Price Decreased
Sep 19, 2025	Price Decreased	$589,900 ↓ $10K (1.7%)
Price Decreased
Sep 15, 2025	Price Decreased	$599,999 ↓ $25K (4%)
Price Decreased
Sep 14, 2025	Price Increased	$624,900 ↑ $25K (4.2%)
Price Increased
Aug 23, 2025	Listed	$599,900
Listed

	End of a quiet cul-de-sac, privacy meets modern farmhouse living. Bring your chickens, horses, or just enjoy the wide-open spaces. Only a mile from Lake Washington, hop on your golf cart to catch breathtaking sunsets, launch your boat or airboat, and embrace the Florida lifestyle. A shaded oak-lined driveway leads to a spacious great room, dining area, and an updated kitchen with GE Café appliances. A sunny eat-in nook opens to a patio with pergola, while live-edge wood beams add warmth and character throughout the living spaces. Peace of mind comes with solid construction and thoughtful upgrades, including a 2015 metal roof, 2021 dual Trane A/C units, impact windows, gutters with leaf guards. New primary suite offers fresh flooring, baseboards, an oversized tiled shower, quartz counters with matching shower ledges, and custom closets by Artistic Closets. A finished shed with AC and electricstyled to match the homemakes the perfect private office, studio, or guest space.
Apr 30, 2024	Sold	Premium
Sold
Mar 4, 2024	Listed by Four Star Real Estate LLC	$499,000
Listed by Four Star Real Estate LLC
Jun 25, 1997	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1975

Effective Year Built: 1995
Building Count: 1
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 8
Building Condition: 0
Building Quality: 4
Construction Type: 6
Building Style: 0
Exterior Walls Type: 17
Interior Walls Type: 0
Roof Shape Type: 7
Roof Cover Type: 5
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 475
Parking Space Count: 2
Patio Type: 38
Porch Type: 35
Pool Type: 8
Location Influence Type: 179

Dimensions

Lot Size Square Feet: 42,253

Total Building Area: 2,564
Gross Building Area: 2,564
Building Area: 1,987
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,987
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: LAKEWOOD ESTATES SEC 1
Land Acres: 0000000970
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: LAKEWOOD ESTATES SEC 1 LOT 13 BLK 2

Neighborhood

School District Name: Brevard County School District

Census Tract: 071354

Zoning

Zoning: EU

Geography

Assessors Map Reference: 271

Account Number: 2700972
Parcel: 27-36-10-51-00002.0-0013.00
Block: 2
Lot: 13
Meridian: SEC 10 TWN 27S RNG 36E
Municipality: UNINCORP DISTRICT 4
Latitude: 28.1483
Longitude: -80.7138

Address

Full Address: 5160 Palomino Dr

Address - House Number: 5160
Address - Street Name: Palomino
Address - Suffix Type: Dr
State: FL
City Name: Melbourne
Carrier Code: R045
4-Digit Zip Code: 7844
Zip Code: 32934

Valuation

Tax

Total Area: 2,298

Tax Year: 2022
Tax Amount: $221,387
Tax Rate Code Area: 4200

Appraisal Valuation

Standard Deviation: 0.1809

Valuation Date: Feb 28, 2024
Confidence Score: 76
Final Value: 505,409
High Value: 596,857
Low Value: 413,961

Market Valuation

Market Total Value: $371,740

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $170,900

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jun 20, 1997

Current Sale Recording Date: Jun 25, 1997
Current Sale Price:

Premium
Current Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium

Financing

First Mortgage Financing Type: FIX

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

Request mortgage information redaction

Comparables

About Lakewood Estates

Stats & Trends

Median Asking:

$579,900

Sale Price/ft²

$292

Above Asking

0.00%

Average Days on Market

Average Home Size

2137 ft²

Average Home Age

53 years

Currently For Sale

1 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

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$3,200 /mo

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Rentals Near You

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Listed by: Chana A Newport, Four Star Real Estate LLC
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 1006813

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.