240 Palm Island Ln
Vero Beach, FL 32963
3 bd 4 ba 2,947 sqft Built 2020 Lot 11,326 sqft single_family
Most recent sale
$1,450,000
May 14, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 12, 2026 | Listing removed | $17,000 | IndianRiverCounty |
| May 30, 2024 | Sold | $2,300,000 | IndianRiverCounty |
| Apr 2, 2024 | Listed | $2,495,000 | IndianRiverCounty |
| Mar 11, 2024 | Listing removed | $17,000 | IndianRiverCounty |
| May 14, 2021 | Sold | $1,450,000 | IndianRiverCounty |
| Jan 12, 2021 | Price changed | $1,445,000 | IndianRiverCounty |
| Jan 4, 2021 | Listed | $1,425,000 | IndianRiverCounty |
| Jan 2, 2021 | Listing removed | $1,429,000 | IndianRiverCounty |
| Oct 14, 2020 | Price changed | $1,429,000 | IndianRiverCounty |
| Aug 6, 2020 | Price changed | $1,425,000 | IndianRiverCounty |
| Jun 5, 2020 | Listed | $1,400,000 | IndianRiverCounty |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $1,617,422 | $355,388 | $1,972,810 | $23,545 |
| 2024 | $1,617,422 | $355,388 | $1,972,810 | $15,070 |
| 2022 | $986,325 | $213,233 | $1,199,558 | $14,017 |
| 2021 | — | — | $160,247 | $2,305 |
| 2020 | — | — | $145,679 | $2,257 |
| 2019 | — | — | $132,435 | $2,310 |
| 2018 | — | — | $120,395 | $2,151 |
| 2017 | — | $200,310 | $200,310 | $2,143 |
| 2016 | — | $129,230 | $129,230 | $1,645 |
| 2015 | — | $90,460 | $90,460 | $1,359 |
| 2014 | — | — | $85,140 | $1,285 |
| 2013 | — | — | $80,880 | $1,208 |
| 2012 | — | — | $92,440 | $1,381 |
| 2011 | — | — | $92,440 | $1,380 |
| 2010 | — | — | $115,550 | $1,724 |
| 2009 | — | — | $144,440 | $2,053 |
| 2008 | — | — | $213,770 | $2,877 |
| 2007 | — | — | $158,040 | $2,171 |
Property facts
Year built
2020
Property type
single_family
Stories
1
Beds
3
Baths
4
Living area
2,947 sqft
Lot size
11,326 sqft
ZIP code
32963
City
Vero Beach
Street
Palm Island Ln
Coordinates
27.73605, -80.38659
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,452
Gross rental yield
4.51%
Implied cap rate
2.93%
Trend-extrapolated value
—
Frequently asked questions
When did 240 Palm Island Ln last sell?
240 Palm Island Ln most recently sold on May 14, 2021 for $1,450,000.
What is the current tax assessment for 240 Palm Island Ln?
The most recent total assessment for 240 Palm Island Ln (year 2025) is $1,972,810 with $23,545 in property tax.
How does 240 Palm Island Ln's assessment compare to its last sale price?
The current assessment is 36.1% above the last sale price of $1,450,000.
When was 240 Palm Island Ln built?
240 Palm Island Ln was built in 2020.
How does 240 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 240 Palm Island Ln?
240 Palm Island Ln is a 3 bed, 4 bath, 2,947 sqft, 11,326 sqft lot single_family.
Is 240 Palm Island Ln a flip candidate?
No — 240 Palm Island Ln does not appear in our flips dataset.
Is 240 Palm Island Ln a tax-appeal candidate?
No — 240 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 valuationQuarterly trend
-0.7%
Implied 1-yr
-3.0%
2026 Q3
$1.46M
2026 Q4
$1.44M
ZIP 32963 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Palm Island Ln