When was property at 699 Palmer Way built and last sold?

The property at 699 Palmer Way was built in 1994 and last sold on Aug 21, 2023 for $1,000,000.

How much is this home worth?

The estimated value of the home located at 699 Palmer Way is $1,242,300.

What are some comparable homes to 699 Palmer Way?

There are currently no comparable homes to 699 Palmer Way.

Brevard

32940

The Legends

699 Palmer Way

Sold on Jul 10, 2026

Map

Video Tour

$1,190,000

● House - Off Market

699 Palmer Way

Melbourne, FL 32940

5 Beds

3 Baths, 1 Half Bath

4,449 Ft²

$6,905

Est. Monthly

$46

HOA / Fees

About This Property

Excellent price improvement ! Discover an extraordinary lakefront estate in the Legends at Suntree. Offering 4449 sq ft living space with sweeping views of Arnold Palmer Challenge Golf course.5 bedroom 3.5 bath residence blends grand scale with elegant design. Beginning with a dramatic 16' foyer and soaring 12-14' ceilings throughout accented by tray ceilings in the primary suite, living, family and dining rooms this home is designed for both sophisticated entertaining and everyday comfort. The home features a private library, media room and open living flow that captures stunning water and fairway vistas. The chef kitchen is beautifully appointed with quartz countertops a striking waterfall island and GE Cafe appliances. The luxurious primary suite offers a slipper tub, oversized walk-in shower and expansive his and hers closets. a resort style pool and screened lanai overlook the lake and golf course scenery, completing a three-car garage estate

Unit Size

4,449 Ft²

Days on Market

112 days

Land Size

0.31 acres

Price per sqft

$276

Property Type

House

Property Taxes

$818

HOA Dues

$46

Year Built

1994

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Cap Rate Calculator

Last updated: 3 months ago (Space Coast MLS #1072454)

Price History

Date / Event	Date	Event
Jul 10, 2026	Sold	Premium
Sold
Jun 8, 2026	In contract	-
In contract
Apr 24, 2026	Price Decreased	$1,230,000 ↓ $60K (4.7%)
Price Decreased
Apr 20, 2026	Price Decreased	$1,290,000 ↓ $9K (0.7%)
Price Decreased
Mar 20, 2026	Listed by Dale Sorensen Real Estate Inc.	$1,299,000
Listed by Dale Sorensen Real Estate Inc.
Aug 24, 2023	Sold	Premium
Sold
May 5, 2023	Listed by Dale Sorensen Real Estate Inc.	$1,049,000
Listed by Dale Sorensen Real Estate Inc.
Sep 20, 1993	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

With View

Building Info

Overview

General

Year Built: 1994

Effective Year Built: 2008
Building Count: 1
Bedroom Count: 5
Bathroom Count: 3
Full Bathrooms: 3
Partial Bathrooms: 3
Bathroom Plumbing Fixtures: 12
Building Condition: 0
Building Quality: 2
Construction Type: 12
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 0
Roof Shape Type: 7
Roof Cover Type: 4
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 721
Parking Space Count: 3
Patio Type: 69
Porch Type: 59
Pool Type: 8
Location Influence Type: 101

Dimensions

Lot Size Square Feet: 13,504

Total Building Area: 5,879
Gross Building Area: 5,879
Building Area: 4,114
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 4,114
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: LEGENDS UNIT TWO, THE
Land Acres: 0000000310
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: LEGENDS UNIT TWO, THE LOT 66

Neighborhood

School District Name: Brevard County School District

Census Tract: 064128

Zoning

Zoning: PUD

Geography

Assessors Map Reference: 233E

Account Number: 2616134
Parcel: 26-36-14-PP-00000.0-0066.00
Lot: 66
Meridian: SEC 14 TWN 26S RNG 36E
Municipality: UNINCORP DISTRICT 4
Latitude: 28.2155
Longitude: -80.69

Address

Full Address: 699 Palmer Way

Legal Unit: 2
Address - House Number: 699
Address - Street Name: Palmer
Address - Suffix Type: Way
State: FL
City Name: Melbourne
Carrier Code: R050
4-Digit Zip Code: 1796
Zip Code: 32940

Valuation

Tax

Total Area: 4,808

Tax Year: 2022
Tax Amount: $506,880
Tax Rate Code Area: 4200

Appraisal Valuation

Standard Deviation: 0.0843

Valuation Date: Jan 03, 2024
Confidence Score: 93
Final Value: 1,035,181
High Value: 1,122,545
Low Value: 947,817

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $714,890

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $405,960

Sales

Current Sale Contract Date: Aug 21, 2023

Current Sale Recording Date: Aug 24, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 181167
Previous Sale Recording Date: Sep 20, 1993
Previous Sale Contract Date: Sep 15, 1993
Previous Sale Amount: $82,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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First Mortgage Loan Type:

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First Mortgage Loan Due Date:

Premium

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

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Comparables

About The Legends

Stats & Trends

Median Asking:

$769,990

Sale Price/ft²

$275

Below Asking

0.04%

Average Days on Market

Average Home Size

3624 ft²

Average Home Age

30.4 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

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Unit for rent at 353 Kilmarnock Place, Melbourne, FL, 32940

$2,600 /mo

3 Beds
2 Baths
1,981 ft²

353 Kilmarnock Place, Melbourne, FL, 32940 Listing by Chi Nguyen

Rentals Near You

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Listed by: Deborah Ann Harris-Caldwell, Dale Sorensen Real Estate Inc.
Last Updated: 3 months ago
Data Source: Space Coast MLS, MLS# 1072454

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