514 Palm Ave, Merritt Island, FL, 32952
About This Home
Fantastic opportunity to own a remodeled concrete block home in South Merritt Island. Open floor plan and tile floors throughout. Enter though screen enclosed front porch. Large living room opens to remodeled kitchen with wood cabinetry, granite counters and stainless appliances Refrigerator 2024. Room for a café table or butcherblock island. Home can function as a 4 bed/2 bath or 3 bed with extra-large family room (used to have a pool table!). Both bathrooms remodeled. Indoor laundry, washer and dryer included. 2024 HWH. Sliders exit to screen enclosed porch overlooking fully fenced yard. Storage shed on concrete slab. Double gate on west side with large side yard for boat storage. BRAND NEW Interior Electrical panel and Exterior 150 amp Service Panel. AC 2020 on an FPL lease and maintenance program. Excellent Roof 2017. 1 car carport. Peaceful neighborhood close to shops, restaurants, A rated Tropical Elementary, and Jefferson Middle Schools.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1959
Materials
- Roof: Shingle
- Construction materials: Block,Stucco
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Electric Oven,Electric Range,Microwave,Refrigerator,Washer
- Laundry features: Electric Dryer Hookup,In Unit,Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Ceiling Fan(s),Eat-in Kitchen,Open Floorplan,Primary Bathroom - Shower No Tub,Split Bedrooms
- Flooring: Tile
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 1,399
- Total interior livable area: 1,156 sqft
Property
Details
- Parcel number: 243635780000f.00019.00
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch,Patio,Porch,Rear Porch,Screened
- Fencing: Back Yard,Full,Privacy,Wood
Lot
- Lot size: 7,405 sqft
- Features: Other
- Lot size dimensions: 76 x 100
Parking
- Total spaces: 1
- Parking features: Attached Carport
- Covered spaces: 1
- Carport: Yes
- Carport spaces: 1
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
- Lightning
- Coastal Flooding
- Strong Wind
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Brevard County and Florida
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,390 | $16,680 |
| Home Insurance * | $323 | $3,876 |
| Property Taxes | $369 | $4,428 |
| Electricity | $197 | $2,366 |
| Total | $2,279 | $27,348 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-09 | Price change | $289,900 |
| 2026-04-13 | Price change | $295,000 |
| 2026-03-19 | Price change | $299,900 |
| 2026-03-14 | Listed for sale | $315,000 |
| 2009-11-03 | Sold | $60,000 |
| 2004-11-08 | Sold | $92,500 |
| 2002-06-14 | Sold | $46,000 |
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