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205 Palmetto Ave

Merritt Island, FL 32953

2 bd 2 ba 1,033 sqft Built 1981 Lot 2,178 sqft condos
Most recent sale
$173,000
May 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 1, 2025 Listing removed $1,600 SpaceCoast
May 23, 2022 Sold $173,000 MLS #926740
Apr 5, 2022 Price changed $169,999 MLS #926740
Feb 25, 2022 Price changed $173,333 MLS #926740
Feb 10, 2022 Listed $177,777 MLS #926740
Jan 24, 2022 Price changed $179,900 MLS #919673
Jan 20, 2022 Price changed $184,900 MLS #919673
Jan 8, 2022 Price changed $189,000 MLS #919673
Nov 2, 2021 Listed $195,000 MLS #919673
Nov 25, 2008 Sold $65,000 MLS #521290
Oct 2, 2008 Listed $79,900 MLS #521290
Oct 1, 1982 Sold $53,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $121,070 $121,070 $1,909
2024 $121,070 $121,070 $2,057
2023 $144,280 $144,280 $2,146
2022 $88,000 $1,569
2021 $80,000 $1,486
2020 $72,730 $1,354
2019 $66,120 $1,233
2018 $72,280 $72,280 $1,205
2017 $54,650 $54,650 $1,077
2016 $50,340 $50,340 $1,045
2015 $47,940 $47,940 $1,038
2014 $35,360 $429
2013 $34,840 $418
2012 $34,260 $164
2011 $42,500 $311
2010 $49,770 $405
2009 $61,880 $476
2008 $45,400 $314
2007 $44,080 $290

Property facts

Year built
1981
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,033 sqft
Lot size
2,178 sqft
ZIP code
32953
City
Merritt Island
Street
Palmetto Ave
Coordinates
28.35944, -80.69592

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,911
Gross rental yield
13.26%
Implied cap rate
8.62%
Trend-extrapolated value

Frequently asked questions

When did 205 Palmetto Ave last sell?
205 Palmetto Ave most recently sold on May 23, 2022 for $173,000.
What is the current tax assessment for 205 Palmetto Ave?
The most recent total assessment for 205 Palmetto Ave (year 2025) is $121,070 with $1,909 in property tax.
How does 205 Palmetto Ave's assessment compare to its last sale price?
The current assessment is 30.0% below the last sale price of $173,000.
When was 205 Palmetto Ave built?
205 Palmetto Ave was built in 1981.
How does 205 Palmetto Ave compare to others on Palmetto Ave?
We track 8 other properties on Palmetto Ave. Browse the list under "Other properties on Palmetto Ave" to compare beds, baths, and sale history.
What are the property facts for 205 Palmetto Ave?
205 Palmetto Ave is a 2 bed, 2 bath, 1,033 sqft, 2,178 sqft lot condos.
Is 205 Palmetto Ave a flip candidate?
No — 205 Palmetto Ave does not appear in our flips dataset.
Is 205 Palmetto Ave a tax-appeal candidate?
No — 205 Palmetto Ave 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
+7.0%
2026 Q3
$581.5K
2026 Q4
$590.6K
ZIP 32953 — Median Price History + Forecast

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