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121 Palm Island Ln

Vero Beach, FL 32963

3 bd 3 ba 3,673 sqft Built 2003 Lot 12,632 sqft single_family
Most recent sale
$2,495,000
Jun 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 15, 2026 Listed $2,400,000 IndianRiverCounty
Jul 16, 2025 Listed $2,595,000 IndianRiverCounty
May 7, 2025 Listed $2,595,000 IndianRiverCounty
Jan 27, 2025 Listed $2,750,000 IndianRiverCounty
Dec 2, 2024 Sold $2,500,000 IndianRiverCounty
Aug 30, 2024 Price changed $2,600,000 IndianRiverCounty
May 9, 2024 Relisted $2,825,000 IndianRiverCounty
Apr 15, 2024 Relisted $2,950,000 IndianRiverCounty
Apr 14, 2024 Listing removed IndianRiverCounty
Feb 8, 2024 Price changed $2,950,000 IndianRiverCounty
Dec 15, 2023 Listed $3,250,000 IndianRiverCounty
Jun 6, 2022 Sold $2,495,000 Public Record
Mar 23, 2022 Listed $2,495,000 MLS #252966
Mar 2, 2004 Sold $1,205,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,749,528 $361,236 $2,110,764 $25,657
2024 $1,749,528 $361,236 $2,110,764 $21,152
2022 $874,271 $238,416 $1,112,687 $13,427
2021 $781,462 $9,394
2020 $770,673 $9,417
2019 $753,346 $9,511
2017 $724,093 $9,538
2016 $709,200 $9,728
2015 $704,280 $10,132
2014 $698,700 $10,071
2013 $688,380 $9,813
2012 $701,300 $10,007
2011 $767,310 $10,982
2010 $755,980 $10,807
2009 $736,110 $10,009
2008 $975,500 $12,698
2007 $947,090 $12,740

Property facts

Year built
2003
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
3,673 sqft
Lot size
12,632 sqft
ZIP code
32963
City
Vero Beach
Street
Palm Island Ln
Coordinates
27.73529, -80.38550

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$14,970
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 121 Palm Island Ln last sell?
121 Palm Island Ln most recently sold on Jun 6, 2022 for $2,495,000.
What is the current tax assessment for 121 Palm Island Ln?
The most recent total assessment for 121 Palm Island Ln (year 2025) is $2,110,764 with $25,657 in property tax.
How does 121 Palm Island Ln's assessment compare to its last sale price?
The current assessment is 15.4% below the last sale price of $2,495,000.
When was 121 Palm Island Ln built?
121 Palm Island Ln was built in 2003.
How does 121 Palm Island Ln compare to others on Palm Island Ln?
We track 8 other properties on Palm Island Ln. Browse the list under "Other properties on Palm Island Ln" to compare beds, baths, and sale history.
What are the property facts for 121 Palm Island Ln?
121 Palm Island Ln is a 3 bed, 3 bath, 3,673 sqft, 12,632 sqft lot single_family.
Is 121 Palm Island Ln a flip candidate?
No — 121 Palm Island Ln does not appear in our flips dataset.
Is 121 Palm Island Ln a tax-appeal candidate?
No — 121 Palm Island Ln 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
-0.7%
Implied 1-yr
-3.0%
2026 Q3
$1.46M
2026 Q4
$1.44M
ZIP 32963 — Median Price History + Forecast

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