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173 Las Palmas, Merritt Island, FL, 32953

3beds
2baths
2,171sqft
$525,000
$242price/sqft
$3,896/moest. monthly cost
$155,840/yrincome needed

About This Home

Freshly painted, amazing storage space in this energy efficient 3 bdrm 2 bth, completely renovated pool home in Villa De Palmas. Featuring solar panels already paid over 35k for $50 monthly electric bills. Extra large, seperate laundry room with storage cabinets. His and Hers walk in closets with Cedar. Enormous brick paver driveway.. Wind resistant windows. New roof, recently replaced HVAC in 2022. Recently replaced pool enclosure screen. Water filter system, security system. New garage door in 2022. Handicap accessible bathrooms. Largest yard in neighborhood. Mature fruit and shade trees,relaxed HOA only $100 yearly for entrance way and sidewalks. Conveniently located near shopping, the brand new hospital, KSC, Blue Origin, Spacex, Port Canaveral, SFB, the beaches, river. 40 minutes to Orlando International Airport and 30 minutes to Melbourne Airport. 1 hour to Orlando,

Getting Around

33
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

10/10
7/10
5/10
Merritt Island High SchoolGrades PK,9-121.5 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1966

Materials

  • Roof: Shingle
  • Construction materials: Block,Stone Veneer

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch,Mid-Century Modern
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Electric Cooktop,Electric Oven,Electric Water Heater,Refrigerator,Washer
  • Laundry features: Electric Dryer Hookup,Sink,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Breakfast Bar,Built-in Features,Butler Pantry,Ceiling Fan(s),Entrance Foyer,His and Hers Closets,Kitchen Island,Open Floorplan,Pantry,Primary Bathroom - Shower No Tub,Walk-In Closet(s)
  • Flooring: Carpet,Laminate

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 2,171 sqft

Property

Accessibility

  • Accessibility features: Adaptable Bathroom Walls,Grip-Accessible Features

Details

  • Parcel number: 243614250000e.00013.00
  • Zoning description: Residential
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Private pool: Yes
  • Pool features: Fenced,In Ground,Pool Sweep,Screen Enclosure
  • Patio & porch: Covered,Patio,Rear Porch,Screened
  • Exterior features: Impact Windows,Storm Shutters
  • Fencing: Back Yard,Chain Link,Fenced
  • Has view: Yes
  • View description: Other

Lot

  • Lot size: 0.25 Acres
  • Features: Few Trees

Parking

  • Total spaces: 2
  • Parking features: Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Coastal Flooding
Strong Wind
Tornado
Wildfire
Tsunami

FEMA Declared Disasters in Brevard County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,654$31,848
Home Insurance *$425$5,100
Property Taxes $599$7,188
Electricity $218$2,621
Total$3,896$46,752
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$133,577/yr
40% on housing$116,880/yr
45% on housing$103,893/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.8%
13.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.8%
4.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$242This listing

vs Other Active Listings

Avg $/sqft

ZIP 32953$193
Brevard County$192

vs Homes Sold Last Month

Median $/sqft

ZIP 32953$232
Brevard County$209

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-09Price change$575,000
2026-04-07Price change$599,000
2026-03-17Listed for sale$615,000

For Sale by Agent

AgentMercedes Carlson
BrokerageThe Mortgage Project, Inc

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