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540 Palm Island Ln

Vero Beach, FL 32963

4 bd 6 ba 4,731 sqft Built 2007 Lot 20,909 sqft single_family
Most recent sale
$1,270,000
Nov 30, 2011

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 3, 2024 Listed $4,300,000 IndianRiverCounty
Nov 30, 2011 Sold $1,270,000 Public Record
Nov 22, 2011 Sold $1,375,000 IndianRiverCounty
Aug 18, 2011 Listed $1,375,000 IndianRiverCounty
Jul 5, 2011 Listing removed $1,550,000 IndianRiverCounty
Mar 23, 2011 Price changed $1,550,000 IndianRiverCounty
Jul 6, 2010 Listed $1,825,000 IndianRiverCounty
Aug 6, 2003 Sold $250,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,983,889 $621,682 $2,605,571 $31,586
2024 $1,983,889 $621,682 $2,605,571 $13,460
2022 $1,083,343 $12,618
2021 $1,051,789 $12,745
2020 $1,037,267 $12,782
2019 $1,013,946 $12,916
2018 $995,041 $12,910
2017 $974,575 $12,968
2016 $954,530 $13,233
2015 $947,900 $13,784
2014 $940,380 $13,710
2013 $926,490 $13,363
2012 $926,490 $13,910
2011 $1,070,710 $16,052
2010 $1,111,140 $16,480
2009 $987,310 $14,101
2008 $1,384,060 $18,694
2007 $276,470 $3,798

Property facts

Year built
2007
Property type
single_family
Stories
1
Beds
4
Baths
6
Living area
4,731 sqft
Lot size
20,909 sqft
ZIP code
32963
City
Vero Beach
Street
Palm Island Ln
Coordinates
27.73694, -80.39128

Comparable properties nearby

Frequently asked questions

When did 540 Palm Island Ln last sell?
540 Palm Island Ln most recently sold on Nov 30, 2011 for $1,270,000.
What is the current tax assessment for 540 Palm Island Ln?
The most recent total assessment for 540 Palm Island Ln (year 2025) is $2,605,571 with $31,586 in property tax.
How does 540 Palm Island Ln's assessment compare to its last sale price?
The current assessment is 105.2% above the last sale price of $1,270,000.
When was 540 Palm Island Ln built?
540 Palm Island Ln was built in 2007.
How does 540 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 540 Palm Island Ln?
540 Palm Island Ln is a 4 bed, 6 bath, 4,731 sqft, 20,909 sqft lot single_family.
Is 540 Palm Island Ln a flip candidate?
No — 540 Palm Island Ln does not appear in our flips dataset.
Is 540 Palm Island Ln a tax-appeal candidate?
No — 540 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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