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For sale
  • Price cut: $2.5K (11/11)
    $182,500

    205 Palmetto Ave APT 410, Merritt Island, FL 32953

    2beds
    1,033sqft
    : 
    Condominium
    Built in 1981
    -- sqft lot
    $176,200 Zestimate®
    $177/sqft
    $506/mo HOA

    What's special

    Junior olympic-size swimming poolTennis courtsOpen floor planNewly remodeled bathroomsVinyl plank flooringSpacious screened patio
    Nestled in the vibrant heart of Merritt Island, this charming 2-bedroom, 2-bathroom second-floor condo offers the perfect blend of comfort, convenience, and coastal charm. Featuring newly remodeled bathrooms and kitchen and an open floor plan with vinyl plank flooring throughout, the space seamlessly connects the dining and living areas—ideal for entertaining or relaxing at home. Step out onto the spacious screened patio, complete with a small storage area, and soak in the breezy Florida ambiance. Sun Isle's community amenities are truly exceptional: enjoy a junior Olympic-size swimming pool (9 ft. deep!), tennis courts, a clubhouse, onsite laundry facilities, and a car wash station. Low HOA fees cover water, cable TV, insurance, ground maintenance, and full-time management Whether you're seeking a full-time residence, a vacation getaway, or an investment opportunity, this condo checks all the boxes. Don't miss your chance to make it your own
    77 days
    |
    241
    |
    7
    |

    Zillow last checked: 8 hours ago

    Listing updated: November 11, 2025 at 09:11am

    Listed by:

    Marcus Truett 407-569-5884,

    MBT Homes

    Source: Space Coast AOR,MLS#: 1059003

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer Stacked
    Features
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,033 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: Assigned
    Features
    • Stories: 1
    Lot
    • Size: 2,178 Square Feet
    • Features: Zero Lot Line
    Details
    • Additional parcels included: 2426549
    • Parcel number: 2436350000015.00000.00
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block, Concrete
    Condition
    • New construction: No
    • Year built: 1981

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: Sun Isle Condo Ph I
    HOA
    • Has HOA: Yes
    • Amenities included: Car Wash Area, Laundry, Maintenance Grounds, Pool, Tennis Court(s), Trash, Water
    • HOA fee: $506 monthly
    • HOA name: Sun Isle Condo Assoc
    Location
    • Region: Merritt Island

    Financial & listing details

    • Price per square foot: $177/sqft
    • Tax assessed value: $140,110
    • Annual tax amount: $2,146
    • Date on market: 10/7/2025
    • Listing terms: Cash,Conventional,FHA

    Estimated market value

    $176,200

    $167,000 - $185,000

    $1,623/mo

    Price history

    Price history
    DateEventPrice
    11/11/2025Price change$182,500-1.4%$177/sqft
    Source: Space Coast AOR #1059003 Report a problem
    10/7/2025Listed for sale$185,000+12.1%$179/sqft
    Source: Space Coast AOR #1059003 Report a problem
    9/30/2025Listing removed$1,600$2/sqft
    Source: Zillow Rentals Report a problem
    9/12/2025Price change$1,600-5.9%$2/sqft
    Source: Zillow Rentals Report a problem
    7/24/2025Price change$1,700-5.6%$2/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$2,057 -4.1%$140,110 -2.9%
    2023$2,147 +22.4%$144,280 +23%
    2022$1,754 +24.4%$117,300 +23.6%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $1,688/mo
    Principal & interest
    $894
    HOA Fees
    $506
    Other costs
    $287

      Climate risks

      Neighborhood: 32953

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Mila
      • Middle: Jefferson
      • High: Merritt Island

      Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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