Indialantic, FL 32903,500 Palmetto PL
Indialantic, FL 32903,500 Palmetto PL
Indialantic, FL 32903,500 Palmetto PL
111
$1,150,000
$1,195,000
3.8%
Est.Price: ?

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4 BD
4 BA
2,722 SqFt

500 Palmetto PL Indialantic, FL 32903

Est. payment /mo
SOLD DATE : 08/26/2024

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Key Details

Sold Price $1,150,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,722 sqft

Price per Sqft $422

Subdivision Indialantic By The Sea

MLS Listing ID 1016128

Style Mid Century Modern

Bedrooms 4

Full Baths 3

Half Baths 1

Year Built 1961

Annual Tax Amount $7,268

Tax Year 2023

Lot Size 0.430 Acres

Property Description

Pristine mid-century home built by famous American race car driver, Jim Rathmann. After winning what was voted the greatest Indy 500 of all time, Rathman used his winnings to build this spectacular estate, hence the street address 500 Palmetto. The home sits on an expansive .45 acre, corner lot located a block away from Orlando Park in coveted SOFA district of Indialantic. Tastefully and thoughtfully updated with sparkling Terrazzo flooring and custom walnut cabinetry and doors throughout. Gourmet kitchen with double-thick quartz counters, Thermador appliances including a gas cooktop and double ovens. Spacious den/office overlooks pool and includes a walnut built-in with TV. Expansive outdoor space with fully remodeled, oversized saltwater pool and cabana bath. Newly constructed concrete block shed/workshop has potential for detached office with power sufficient for mini-split A/C. Infrastructure upgrades include new plumbing (PVC drains), hurricane impact rated windows and doors whole home generator hook-up, new HVAC ducts (2015) and a tankless water heater. Experience island life at its finest with stunning river-view sunsets at the nearby park and enjoy a short, scenic walk to the beach. Schedule your showing today to view this truly one-of-a-kind home.

Location

State FL

County Brevard

Area 384-Indialantic/Melbourne Beach

Interior

Heating Electric

Cooling Central Air

Flooring Terrazzo

Exterior

Exterior Feature Impact Windows

Garage Attached Carport, Circular Driveway, Garage

Garage Spaces 2.0

Fence Back Yard

Pool In Ground

Utilities Available Electricity Connected, Sewer Connected, Water Connected, Propane

Waterfront No

Roof Type Shingle

Building

Lot Description Corner Lot

Story 1

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Indialantic

High Schools Melbourne

Others

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Special Listing Condition Standard

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Space Coast Association of Realtors (Brevard MLS)
Listed by Island Pineapple Realty, LLC
Bought with Tropical Realty & Inv. of Brev

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Jon Carroll

Agent | SLSL3302123

+1(772) 633-1852

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