261 Palm Island Lane

Vero Beach, FL 32963

$2,950,000
Price
3
Beds
4
Baths
1
1/2 Bath
3,908 Sq. Ft.
$755 / Sq. Ft.
3,908
Sq. Ft.
$755
per Sq. Ft.

Description

3 BR + Den, 4-1/2 Bath pool home. Southern Exposure. Adjacent to nature preserve. Beautiful details, crown molding, wood floors, fireplace, lovely pool area and new built-in gas grill. Den could be used as 4th BR. Upstairs loft/den and fenced backyard. AC 2018, HWH 2023 and new fridge. Private poolside cabana steps away from the beach at Oceanside Clubhouse w/1/2 bath and kitchenette. Rm sizes approx/subj to err.3 BR + Den, 4-1/2 Bath pool home. Southern Exposure. Adjacent to nature preserve. Beautiful details, crown molding, wood floors, fireplace, lovely pool area and new built-in gas grill. Den could be used as 4th BR. Upstairs loft/den and fenced backyard. AC 2018, HWH 2023 and new fridge. Private poolside cabana steps away from the beach at Oceanside Clubhouse w/1/2 bath and kitchenette. Rm sizes approx/subj to err.

Property Details for 261 Palm Island Lane

Subdivision Name
Palm Isl Plantation
Architectural Style
TwoStory
Waterfront
No
Waterfront Features
None, BeachAccess
View
Garden, Preserve
Furnished
Unfurnished
Pets Allowed
Yes
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LISTING UPDATED: 04/12/2024 01:15 AM

Property Details for 261 Palm Island Lane

StatusActive
MLS #276778
Days on Market37
Taxes$18,122 / year
HOA Fees$1,368
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached
Year Built2007
Lot Size-
CountyIndian River County
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Building Information for 261 Palm Island Lane

Stories2Year Built2007Building Size-Lot Size-

Payment Calculator

$18,978 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,099

Property Taxes

$1,510

HOA Dues

$1,368

The Payment Calculator is for illustrative purposes only.

Property Information for 261 Palm Island Lane

Summary
Location and General Information
  • Community Features: Barbecue, Clubhouse, Fitness, GameRoom, Library, Other, Pool, Sidewalks
  • Direction Faces: North
  • Directions: From Hwy 510 go south on A1A to PIP. Beachland Blvd go North on A1A past Old Winter Beach Rd. PIP is on the West side. Gated
  • Postal City: Vero Beach
  • Zoning: ,
  • Zoning Description: Residential
  • Road Surface Type: Paved
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Garage
Taxes and HOA Information
  • Association Fee: $1,368.20
  • Association Fee Includes: CommonAreas, MaintenanceGrounds, Pools, RecreationFacilities, ReserveFund, Security, Trash
  • Association Name: Elliott Merrill
  • Tax Annual Amount: $18,122.00
  • Tax Assessed Value: 1278598
  • Tax Legal Description: PALM ISLAND PLANTATION PRD PLAT 1 BLK A LOT 23 PBI 16-72
  • Tax Lot: 23
  • Tax Year: 2023
Property
Lot Information
  • Lot Features: Item14to12AcreLot, FewTrees
  • Lot Size Dimensions: 75x146
  • Lot Size Range: 1/4 to 1/2 Acre
  • Lot Size Units: Acres
  • Living Area: 3,908.00
  • Living Area Range Source: Assessor
  • Parcel Number: 31393600031000100023.0
  • Living Area Source: Assessor
Property and Assessments
  • Construction Materials: Block, Concrete, Stucco
  • Development Name: PALM ISL PLANTATION
  • Human Modified: No
  • New Construction: No
  • Property Attached: No
  • Property Sub Type: Detached
  • Security Features: SecuritySystemLeased, ClosedCircuitCameras, GatedwithGuard
  • Stories: 2
  • Stories Total: 2
  • Year Built: 2007
  • Property Type: Residential
Utilities
  • Cooling: CentralAir, Electric
  • Cooling: Yes
  • Heating: Central, Electric
  • Heating: Yes
  • Sewer: PublicSewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: BuiltinBarbecue, Balcony, Barbecue, SprinklerIrrigation, PropaneTankOwned
  • Pool Features: ElectricHeat, Heated, Pool, Community
  • Roof: Other
  • View: Yes
  • Window Features: Blinds
Interior Features
  • Appliances: BuiltInOven, Cooktop, Dryer, Dishwasher, ElectricWaterHeater, Microwave, Range, Refrigerator, WineCooler
  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 3
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Carpet, Other, Terrazzo, Wood
  • Interior Features: Bathtub, ClosetCabinetry, CrownMolding, HighCeilings, JettedTub, KitchenIsland, PrimaryDownstairs, VaultedCeilings, WalkInClosets, CentralVacuum
  • Laundry Features: LaundryRoom, LaundryTub
  • Levels: Two
  • Rooms Total: 13
Room Information
Room 1
  • Room Type 1: LivingRoom
  • Room Dimensions 1: 20x18
Room 2
  • Room Type 2: Loft
Room 4
  • Room Type 4: Foyer
Room 6
  • Room Type 6: Den
  • Room Dimensions 6: 13x13
Room 7
  • Room Type 7: Patio
  • Room Dimensions 7: 18x10
Room 8
  • Room Type 8: FamilyRoom
  • Room Dimensions 8: 17x15
Room 9
  • Room Type 9: Bedroom
  • Room Dimensions 9: 15x12
Room 10
  • Room Type 10: Bedroom
  • Room Dimensions 10: 15x12
Room 11
  • Room Type 11: Bedroom
  • Room Dimensions 11: 19x15
Room 12
  • Room Type 12: Kitchen
  • Room Dimensions 12: 19x9
Room 13
  • Room Type 13: DiningRoom
  • Room Dimensions 13: 15x12
MultiFamily
Multi-Family Information
  • Unit Location: 0
Rental Information
Rent Information
  • Restrictions: ExteriorAlterations, NoMotorcycles, NoRV, NoTruck, OKToLease

Property History for 261 Palm Island Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 261 Palm Island Lane

Taxable ValueLand$212,564Additions$1,541,079Total$1,753,643
Tax Record2023$18,122 ($1,510 / month)
Home Facts
Beds3Total Finished SqFt3,908 SqFtAbove Grade Finished SqFt3,908 SqFtStories1Lot Size10,890 SqFtStyleSingle Family ResidenceYear Built2007ZoningR-1ACountyINDIAN RIVERAPN31-39-36-00031-0001-00023.0Fireplace TypeHas Fireplace

Schools near 261 Palm Island Lane

This home is within Indian River.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Beachland Elementary School
PublicK to 5

Gifford Middle School
Public6 to 8

Vero Beach High School
Public9 to 12

North County Charter School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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261 Palm Island Lane is a single family home for sale in Vero Beach, FL 32963. This property was listed for sale on March 27, 2024, it's currently listed at $2,950,000. It has been on the market for a total of 37 days and was last sold on June 6, 2018. This listing's school district is Indian River. Nearby schools include Beachland Elementary School, Gifford Middle School and Vero Beach High School. 261 Palm Island Lane is a 3-bed, 4.5-bath, 3,908 sqft single family home built in 2007.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.