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2475 Palm Lake Dr

Merritt Island, FL 32952

3 bd 2 ba 1,969 sqft Built 1989 Lot 13,939 sqft single_family
Most recent sale
$442,000
Apr 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 8, 2022 Sold $442,000 MLS #928237
Mar 1, 2022 Listed $435,000 MLS #928237
Apr 25, 2011 Sold $160,000 MLS #584948
Jan 26, 2011 Price changed $160,000 MLS #584948
Dec 2, 2010 Listed $170,000 MLS #584948
Aug 22, 2002 Sold $171,900 Public Record
Feb 1, 1992 Sold $136,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $212,570 $110,000 $322,570 $4,686
2024 $212,570 $110,000 $322,570 $4,750
2023 $257,460 $110,000 $367,460 $5,157
2021 $162,100 $82,000 $244,100 $3,801
2020 $160,850 $75,000 $235,850 $3,700
2019 $230,580 $3,719
2018 $160,760 $75,000 $235,760 $3,624
2017 $142,990 $65,000 $207,990 $3,408
2016 $131,670 $55,000 $186,670 $3,247
2015 $157,500 $3,202
2014 $143,190 $2,825
2013 $117,670 $1,782
2012 $115,710 $1,370
2011 $119,790 $2,130
2010 $137,180 $2,244
2009 $163,040 $2,512
2008 $192,000 $2,963

Property facts

Year built
1989
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,969 sqft
Lot size
13,939 sqft
ZIP code
32952
City
Merritt Island
Street
Palm Lake Dr
Coordinates
28.40009, -80.66836

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,643
Gross rental yield
9.89%
Implied cap rate
6.43%
Trend-extrapolated value

Frequently asked questions

When did 2475 Palm Lake Dr last sell?
2475 Palm Lake Dr most recently sold on Apr 8, 2022 for $442,000.
What is the current tax assessment for 2475 Palm Lake Dr?
The most recent total assessment for 2475 Palm Lake Dr (year 2025) is $322,570 with $4,686 in property tax.
How does 2475 Palm Lake Dr's assessment compare to its last sale price?
The current assessment is 27.0% below the last sale price of $442,000.
When was 2475 Palm Lake Dr built?
2475 Palm Lake Dr was built in 1989.
How does 2475 Palm Lake Dr compare to others on Palm Lake Dr?
We track 8 other properties on Palm Lake Dr. Browse the list under "Other properties on Palm Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 2475 Palm Lake Dr?
2475 Palm Lake Dr is a 3 bed, 2 bath, 1,969 sqft, 13,939 sqft lot single_family.
Is 2475 Palm Lake Dr a flip candidate?
No — 2475 Palm Lake Dr does not appear in our flips dataset.
Is 2475 Palm Lake Dr a tax-appeal candidate?
No — 2475 Palm Lake Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.7%
Implied 1-yr
+6.7%
2026 Q3
$809.3K
2026 Q4
$821.5K
ZIP 32952 — Median Price History + Forecast

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