540 Palm Island Lane

Vero Beach, FL 32963

$3,899,000
Price
4
Beds
4
Baths
2
1/2 Baths
4,731 Sq. Ft.
$824 / Sq. Ft.
4,731
Sq. Ft.
$824
per Sq. Ft.

Description

Welcome to this Palm Island Plantation Estate home. Extraordinary attention to detail throughout the 4,731± AC SF w/ 4 beds, 4.2 baths (incl. the guest house), & 3-car garage. No detail has been overlooked from the marble floors w/ 7.5” baseboards to the custom ceilings w/ crown molding. Feat. granite counters & high-end appliances in the kitchen. The expansive primary suite features a custom walk-in closet, bath w/ marble counters, whirlpool tub, vaulted barrel ceiling & private courtyard. Enjoy...Welcome to this Palm Island Plantation Estate home. Extraordinary attention to detail throughout the 4,731± AC SF w/ 4 beds, 4.2 baths (incl. the guest house), & 3-car garage. No detail has been overlooked from the marble floors w/ 7.5” baseboards to the custom ceilings w/ crown molding. Feat. granite counters & high-end appliances in the kitchen. The expansive primary suite features a custom walk-in closet, bath w/ marble counters, whirlpool tub, vaulted barrel ceiling & private courtyard. Enjoy outdoor living under the expansive loggias or lounge out by the pool in complete privacy.
  1. Listed by Cindy J O'Dare • One Sotheby's Int'l Realty • 772-713-5899
  2. Listed by Richard D Boga • One Sotheby's Int'l Realty

Property Details for 540 Palm Island Lane

Subdivision Name
Palm Isl Plantation
Architectural Style
OneStory
Waterfront
No
Waterfront Features
BeachAccess
View
Garden, Pool, Lake
Furnished
Unfurnished
Pets Allowed
Yes

Location

Listing Courtesy of One Sotheby's Int'l Realty
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LISTING UPDATED: 05/01/2024 09:37 AM

Property Details for 540 Palm Island Lane

StatusActive
MLS #276961
Days on Market35
Taxes$12,820 / year
HOA Fees$1,383
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached
Year Built2007
Lot Size0.48 AC / 20,908 SF
CountyIndian River County

Location

Listing Courtesy of One Sotheby's Int'l Realty
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Building Information for 540 Palm Island Lane

Stories1Year Built2007Building Size-Lot Size0.48 AC / 20,908 SF

Payment Calculator

$23,730 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,278

Property Taxes

$1,068

HOA Dues

$1,383

The Payment Calculator is for illustrative purposes only.

Property Information for 540 Palm Island Lane

Summary
Location and General Information
  • Community Features: Barbecue, Clubhouse, Fitness, Other, Pool, WaterAccess, Gutters
  • Direction Faces: South
  • Directions: A1A north to Palm Island Plantation. Guard will direct
  • Postal City: Vero Beach
  • Zoning: ,
  • Zoning Description: Residential
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Parking Features: Attached, Driveway, Garage, ThreeCarGarage, GarageDoorOpener, PaverBlock, ThreeormoreSpaces
Taxes and HOA Information
  • Association Fee: $1,383.00
  • Association Fee Includes: CommonAreas, MaintenanceGrounds, RecreationFacilities, Security
  • Association Name: Elliott Merrill
  • Tax Annual Amount: $12,820.00
  • Tax Assessed Value: 1115844
  • Tax Legal Description: PALM ISLAND PLANTATION PRD PLAT 1 BLK B LOT 12 PBI 16-72
  • Tax Lot: 12
  • Tax Year: 2023
Property
Lot Information
  • Lot Features: Item14to12AcreLot
  • Lot Size Acres: 0.48
  • Lot Size Area: 0.48
  • Lot Size Dimensions: 122X172
  • Lot Size Range: 1/4 to 1/2 Acre
  • Lot Size Units: Acres
  • Living Area: 4,731.00
  • Living Area Range Source: Plans
  • Parcel Number: 31393600031000200012.0
  • Living Area Source: Plans
Property and Assessments
  • Construction Materials: Block, Concrete, Stucco
  • Development Name: PALM ISL PLANTATION
  • Human Modified: Yes
  • New Construction: No
  • Property Attached: No
  • Property Sub Type: Detached
  • Security Features: SecuritySystemOwned, ClosedCircuitCameras, GatedwithGuard
  • Stories: 1
  • Stories Total: 1
  • Year Built: 2007
  • Property Type: Residential
Utilities
  • Cooling: Item3Units
  • Heating: MultipleHeatingUnits
  • Heating: Yes
  • Sewer: CountySewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Fence, SprinklerIrrigation, Porch, Patio, RainGutters, PropaneTankOwned
  • Patio And Porch Features: Covered, Patio, Porch
  • Pool Private: Yes
  • Pool Features: Fenced, Pool, Private, Community
  • Roof: Tile
  • View: Yes
  • Window Features: Blinds
Interior Features
  • Appliances: BuiltInOven, Cooktop, Dryer, Dishwasher, ElectricWaterHeater, Disposal, Microwave, Refrigerator, WineCooler, Washer
  • Bathrooms Full: 4
  • Bathrooms Half: 2
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 4
  • Door Features: FrenchDoors
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Carpet, Marble
  • Interior Features: BuiltinFeatures, Bathtub, ClosetCabinetry, CrownMolding, HighCeilings, JettedTub, KitchenIsland, PrimaryDownstairs, Pantry, VaultedCeilings, CentralVacuum, FrenchDoorsAtriumDoors
  • Laundry Features: LowerLevel, LaundryRoom, LaundryTub
  • Levels: One
  • Other Equipment: Generator
  • Rooms Total: 12
Room Information
Room 1
  • Room Type 1: Den
  • Room Dimensions 1: 13X15
Room 2
  • Room Type 2: Laundry
  • Room Dimensions 2: 14X7
Room 3
  • Room Type 3: Bedroom
  • Room Dimensions 3: 16X13
Room 4
  • Room Type 4: Bedroom
  • Room Dimensions 4: 12X15
Room 5
  • Room Type 5: Bedroom
  • Room Dimensions 5: 12X15
Room 6
  • Room Type 6: Bedroom
  • Room Dimensions 6: 17X18
Room 7
  • Room Type 7: BreakfastRoomNook
  • Room Dimensions 7: 13X15
Room 8
  • Room Type 8: Kitchen
  • Room Dimensions 8: 20X15
Room 9
  • Room Type 9: FamilyRoom
  • Room Dimensions 9: 23X21
Room 10
  • Room Type 10: LivingRoom
  • Room Dimensions 10: 17X18
Room 11
  • Room Type 11: DiningRoom
  • Room Dimensions 11: 13X15
Room 12
  • Room Type 12: Foyer
  • Room Dimensions 12: 10X10
MultiFamily
Multi-Family Information
  • Unit Location: 1
Rental Information
Rent Information
  • Restrictions: NoMotorcycles, NoRV, NoTruck, OtherRestrictions, OKToLease

Property History for 540 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 540 Palm Island Lane

Taxable ValueLand-Additions-Total-
Tax Record2023$12,820 ($1,068 / month)
Home Facts
Beds4Total Finished SqFt4,677 SqFtAbove Grade Finished SqFt4,677 SqFtStories1Lot Size20,909 SqFtStyleSingle Family ResidenceYear Built2007ZoningR-1ACountyINDIAN RIVERAPN31-39-36-00031-0002-00012.0

Schools near 540 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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540 Palm Island Lane is a single family home for sale in Vero Beach, FL 32963. This property was listed for sale on April 1, 2024 by One Sotheby's Int'l Realty, it's currently listed at $3,899,000. It has been on the market for a total of 35 days and was last sold on July 9, 2019. This listing's school district is Indian River. Nearby schools include Beachland Elementary School, Gifford Middle School and Vero Beach High School. 540 Palm Island Lane is a 4-bed, 5-bath, 4,731 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.

Listing Courtesy of One Sotheby's Int'l Realty

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.