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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
$165,000
Jun 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 24, 2022 Sold $165,000 MLS #937407

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 $117,300 $117,300 $1,754
2021 $69,300 $1,410
2020 $63,000 $1,283
2019 $57,280 $1,165
2018 $72,280 $72,280 $1,142
2017 $55,810 $55,810 $1,025
2016 $51,410 $51,410 $990
2015 $39,140 $966
2014 $35,590 $848
2013 $35,590 $859
2012 $32,960 $585
2011 $41,200 $732
2010 $48,470 $793
2009 $60,580 $933
2008 $108,000 $1,667

Property facts

Year built
1981
Property type
condos
Stories
1
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
13.90%
Implied cap rate
9.03%
Trend-extrapolated value

Frequently asked questions

When did 205 Palmetto Ave last sell?
205 Palmetto Ave most recently sold on Jun 24, 2022 for $165,000.
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 26.6% below the last sale price of $165,000.
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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