5155 Palmetto Drive, Melbourne Beach, FL 32951 (MLS# 925169)

5155 Palmetto Drive, Melbourne Beach, FL 32951

$425,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 1,718 Lot Size (sq. ft.): 14,810 Status: Closed

Current Price: $425,000 List Date: 1/22/2022 Last Modified: 6/20/2026

Overview

Description

Charming pool home nestled between the beach and Indian River Lagoon. Wrap around balcony overlooking a luscious backyard with salt water pool, and mature coconut trees. Tri-level home with laundry and storage on the first floor. A loft master suite with a private balcony tucked in the trees with pool view. No HOA, and a short walk to the beach access. Just needs a little TLC and would be a tropical beach getaway, investment rental property or your forever home!

Listing Details MLS# 925169

General Property Information

Bedrooms Total: 4
Bathrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
Living Area: 1550
Living Area Source: Public Records
Building Area Total: 1718
New Construction YN: No
Year Built: 1984
Garage YN: No
Carport YN: No
Lot Size Acres: 0.34
Lot Size Square Feet: 14810
Association YN: No
Association Name: NEW MELBOURNE BEACH
Property Use: 01 / SINGLE FAMILY RESIDENCE
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Direction Faces: West
Senior Community YN: No
Pool Private YN: Yes
List Price/SqFt: 341.29
Sold Price/SqFt: 274.19
Garage Spaces: 0
Carport Spaces: 0

Property Features

Appliances: Dishwasher; Dryer; Electric Water Heater; Refrigerator; Washer Construction Materials: Frame; Vinyl Siding; Wood Siding Cooling: Central Air Exterior Features: Balcony Fencing: Fenced; Wood Flooring: Carpet Heating: Central Interior Features: Open Floorplan; Split Bedrooms; Walk-In Closet(s) Levels: Three Or More Listing Terms: Cash; Conventional; FHA; VA Loan Parking Features: Covered Patio And Porch Features: Wrap Around Pets Allowed: Yes Pool Features: In Ground; Salt Water Possession: Close Of Escrow Rental Restrictions: 3 Months Road Surface Type: Asphalt Roof: Shingle Sewer: Septic Tank Showing Requirements: Appointment Only; Lockbox; Showing Service Special Listing Conditions: Standard Utilities: Cable Available; Electricity Connected View: Pool Water Source: Well Room Types: Laundry; Loft

Contract Information

Original List Price: 529000
Listing Contract Date: 2022-01-20
Property Sub Type: Single Family Residence

Location Tax and Legal

Street Number: 5155
Street Name: Palmetto
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32951
MLS Area Major: 385 - South Beaches
Subdivision Name: New Melbourne Beach

Remarks and Miscellaneous

Public Remarks: Charming pool home nestled between the beach and Indian River Lagoon. Wrap around balcony overlooking a luscious backyard with salt water pool, and mature coconut trees. Tri-level home with laundry and storage on the first floor. A loft master suite with a private balcony tucked in the trees with pool view. No HOA, and a short walk to the beach access. Just needs a little TLC and would be a tropical beach getaway, investment rental property or your forever home!

Status Change Information

Major Change Timestamp: 2022-02-04T20:24:57Z
Major Change Type: Status Change
Status Change Timestamp: 2022-02-04
Purchase Contract Date: 2022-01-21
Close Date: 2022-02-01
Close Price: 425000

More Information

Closing Company Details

Closing Company Name: Florida Secured Title

Location, Tax, and Legal

Tax Account: 2953519
Parcel Number: 29-38-10-Gx-00003.0-0027.00
General County Location: South
Elementary School: Gemini
Middle School: Hoover
High School: Melbourne
Tax Annual Amount: 3569.54
Tax Year: 2021
Tax Legal Description: NEW MELBOURNE BEACH LOTS 27,28 BLK 3
Directions: South on A1A, turn left on Atlantic. Left on Malabar and make left veer for Palmetto Drive

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Water Heater: Yes
Refrigerator: Yes
Washer: Yes

Construction Materials

Frame: Yes
Vinyl Siding: Yes
Wood Siding: Yes

Cooling

Central Air: Yes

Exterior Features

Balcony: Yes

Fencing

Fenced: Yes
Wood: Yes

Flooring

Carpet: Yes

Heating

Central: Yes

Interior Features

Open Floorplan: Yes
Split Bedrooms: Yes
Walk-In Closet(s): Yes

Levels

Three Or More: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Parking Features

Covered: Yes

Patio And Porch Features

Wrap Around: Yes

Pets Allowed

Yes: Yes

Pool Features

In Ground: Yes
Salt Water: Yes

Possession

Close Of Escrow: Yes

Road Surface Type

Asphalt: Yes

Roof

Shingle: Yes

Sewer

Septic Tank: Yes

Special Listing Conditions

Standard: Yes

Utilities

Cable Available: Yes
Electricity Connected: Yes

View

Pool: Yes

Water Source

Well: Yes

Showing Requirements

Appointment Only: Yes
Lockbox: Yes
Showing Service: Yes

Rental Restrictions

3 Months: Yes

Room Types

Laundry: Yes
Loft: Yes

Listing Office: One Sotheby's International

Last Updated: June - 20 - 2026

Information is deemed to be reliable, but is not guaranteed.