Best Buy in Palm Island Plantation, Well Below Appraised Value. Extraordinary attention to detail throughout w/ 4 beds, 4.2 baths (incl. the guest house), & 3-car garage. No detail overlooked from the marble floors w/ 7.5” baseboards to the custom ceilings w/ crown molding. Feat. granite counters & high-end appliances in the kitchen. The expansive primary suite features a custom walk-in closet, bath w/ marble counters, vaulted barrel ceiling & courtyard. Enjoy outdoor living under the loggias or lounge out by the pool. Amenities incl. beach club w/ pool, fitness center, & marina.
Under contract
$2,300,000
540 Palm Island Ln, Indian River Shores, FL 32963
4beds
4,731sqft
Est.:
Single Family Residence
Built in 2007
0.48 Acres Lot
$-- Zestimate®
$486/sqft
$1,383/mo HOA
What's special
Granite countersMarble floorsVaulted barrel ceilingCustom walk-in closetMarble countersHigh-end appliances
- 12 days
- on Zillow |
- 518 |
- 23 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 25, 2025 at 02:26pm
Listed by:
Cindy J O'Dare 772-713-5899,
One Sotheby's Int'l Realty,
Richard D Boga 772-559-4800,
One Sotheby's Int'l Realty
Source: Realtor Association of Indian River County,MLS#: 290415
Originating MLS: Indian River
Originating MLS: Indian RiverTravel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Bedroom
- Dimensions: 17X18
Bedroom
- Dimensions: 12X15
Bedroom
- Dimensions: 12X15
Bedroom
- Dimensions: 16X13
Breakfast room nook
- Dimensions: 13X15
Den
- Dimensions: 13X15
Dining room
- Dimensions: 13X15
Family room
- Dimensions: 23X21
Foyer
- Dimensions: 10X10
Kitchen
- Dimensions: 20X15
Laundry
- Dimensions: 14X7
Living room
- Dimensions: 17X18
Heating
- Multiple Heating Units
Cooling
- 3+ Units
Appliances
- Included: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Wine Cooler, Washer
- Laundry: Lower Level, Laundry Room, Laundry Tub
Features
- Built-in Features, Bathtub, Closet Cabinetry, Crown Molding, High Ceilings, Jetted Tub, Kitchen Island, Primary Downstairs, Pantry, Vaulted Ceiling(s), Central Vacuum, French Door(s)/Atrium Door(s)
- Flooring: Carpet, Marble
- Doors: French Doors
- Windows: Blinds
- Number of fireplaces: 1
Interior area
- Total interior livable area: 4,731 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached, Driveway, Garage, Three Car Garage, Garage Door Opener, Paver Block, Three or more Spaces
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio, Porch
- Exterior features: Fence, Sprinkler/Irrigation, Porch, Patio, Rain Gutters, Propane Tank - Owned
- Has private pool: Yes
- Pool features: Fenced, Pool, Private, Community
- Has spa: Yes
- Has view: Yes
- View description: Garden, Pool, Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Beach Access
Lot
- Size: 0.48 Acres
- Dimensions: 122 x 172
- Features: 1/4 to 1/2 Acre Lot
Details
- Parcel number: 31393600031000200012.0
- Zoning: ,
- Zoning description: Residential
- Other equipment: Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Block, Concrete, Stucco
- Roof: Tile
Condition
- New construction: No
- Year built: 2007
Utilities & green energy
- Sewer: County Sewer
- Water: Public
Community & HOA
Community
- Features: Barbecue, Clubhouse, Fitness, Other, Pool, Water Access, Gutter(s)
- Security: Security System Owned, Closed Circuit Camera(s), Gated with Guard
- Subdivision: Palm Isl Plantation
HOA
- Has HOA: Yes
- Services included: Common Areas, Maintenance Grounds, Recreation Facilities, Security
- HOA fee: $1,383 monthly
- HOA name: Elliott Merrill
Location
- Region: Indian River Shores
Financial & listing details
- Price per square foot: $486/sqft
- Tax assessed value: $1,115,844
- Annual tax amount: $12,922
- Date on market: 8/15/2025
- Listing terms: Cash,New Loan
- Ownership: Single Family/Other
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