5283-5285 Palmetto Dr, Melbourne Beach, FL, 32951
About This Home
It is very rare to find a duplex in the south beaches with this much privacy and situated on .66 acre of land on the end of a quiet street. Perfect for rental income or live in one side & rent or let guest stay in the other! Just a five minute walk to the beach access. Each unit offers 3 bedrooms 2 baths, open living and dining areas, remodeled kitchens with breakfast bars, fireplaces, indoor laundry rooms, skylights and sliding glass doors that allow abundant natural light to stream in. The south unit includes an enclosed office, brand new, totally remodeled kitchen with granite counter tops/new cabinets and new appliances. Updated washer and dryers in both units. The paver driveway was installed in 2025 for clean updated appearance. White and bright kitchen on north side is updated and opens to great room. Each unit has two skylights, concrete block with stucco exterior. This duplex sits on .66 of an acre!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1985
Materials
- Roof: Shingle
- Construction materials: Block,Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Electric Range,Electric Water Heater,Gas Range,Microwave,Refrigerator,Washer,Water Softener Owned
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Features
- Breakfast Bar,Ceiling Fan(s),Open Floorplan,Pantry,Split Bedrooms,Vaulted Ceiling(s)
- Window features: Skylight(s)
- Flooring: Tile
- Fireplace features: Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Electric
Interior Area
- Total interior livable area: 2,233 sqft
Property
Details
- Parcel number: 2938100000016.10000.00
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Patio & porch: Glass Enclosed
- Exterior features: Storm Shutters
- Fencing: Wood
- Has view: Yes
- View description: Trees/Woods
Lot
- Lot size: 0.64 Acres
- Features: Cleared,Cul-De-Sac,Dead End Street
Parking
- Parking features: Shared Driveway
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
- Coastal Flooding
- Lightning
- Inland Flooding
- 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 | $6,067 | $72,804 |
| Home Insurance * | $1,862 | $22,344 |
| Property Taxes | $680 | $8,160 |
| Electricity | $224 | $2,696 |
| Total | $8,833 | $105,996 |
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 |
|---|---|---|
| 2026-07-25 | Listed for sale | $1,200,000 |
For Sale by Agent
View on Zillow