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205 Palmetto Ave APT 714, Merritt Island, FL, 32953

2beds
2baths
1,033sqft
$157,500
$152price/sqft
$1,282/moest. monthly cost
$51,280/yrincome needed

About This Home

Beautifully renovated second floor unit is new from floor to ceiling and front to back, offering a new kitchen with stainless appliances, soft close cabinets a quartz countertop and decorative backsplash. Just off the kitchen is a minibar with cabinetry, shelving, and lighting. The dining area features a beautiful accent wall and modern lighting. Corner unit features additional windows for added lighting and two enclosed balconies with power and a storage closet. Bathrooms have been beautifully remodeled and include lighted vanities and modern fixtures. Luxury vinyl plank flooring throughout add to the low maintenance which also includes updated electrical, AC and water heater. Sun Isle is a 74-unit condo with only 27 private pool cabanas of which this unit owns one and is included in this sale. Community amenities include a pool, recreation area, car wash area and tennis/basketball court. Relax in a quiet neighborhood that is walking distance to dining, shopping and schools

Getting Around

66
WalkingSomewhat Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

4/10
Mila Elementary SchoolGrades PK-60.4 mi
7/10
5/10
Merritt Island High SchoolGrades PK,9-121.3 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1981

Materials

  • Construction materials: Block,Concrete,Stucco

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Microwave,Plumbed For Ice Maker,Washer/Dryer Stacked
  • Laundry features: In Unit

Bedroom2

  • Area: 110
  • Dimensions: 10.00 x 11.00

Bedrooms & Bathrooms

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

Dining Room

  • Area: 56
  • Dimensions: 7.00 x 8.00

Features

  • Ceiling Fan(s),Open Floorplan,Primary Bathroom - Shower No Tub,Walk-In Closet(s)
  • Flooring: Tile,Vinyl

Heating & Cooling

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

Interior Area

  • Total interior livable area: 1,033 sqft

Living Room

  • Area: 168
  • Dimensions: 12.00 x 14.00

Master Bedroom

  • Area: 156
  • Dimensions: 12.00 x 13.00

Other

  • Area: 70
  • Dimensions: 7.00 x 10.00

Other

  • Area: 77
  • Dimensions: 7.00 x 11.00

Property

Details

  • Parcel number: 2436350000018.40000.00
  • Zoning description: Condominium
  • Special condition: Probate Listing

Features

  • Stories: 1
  • Patio & porch: Covered,Front Porch,Porch,Rear Porch
  • Exterior features: Balcony,Tennis Court(s)

Lot

  • Lot size: 2,178 sqft
  • Features: Dead End Street,Other

Parking

  • Parking features: Additional Parking,Assigned,Guest,Off Street

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
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Coastal Flooding
Strong Wind
Tornado
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 $796$9,552
Home Insurance *$127$1,524
Property Taxes $162$1,944
Electricity $197$2,366
Total$1,282$15,384
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$43,954/yr
40% on housing$38,460/yr
45% on housing$34,186/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

$152This listing

vs Other Active Listings

Avg $/sqft

ZIP 32953$198
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$157,500
2026-04-07Listed for sale$165,000
2006-10-24Sold$115,000

For Sale by Agent

AgentTheresa Friend
BrokerageRE/MAX Elite

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