5120 Palm Drive

Off Market

5120 Palm Drive

Melbourne Beach FL 32951

1495 sq. ft.

11326 sq. ft.

Single-Family

Last sold for $695,000

Bradley Allan, last sold this property on 20 October 2025 after 58 days on market.

Overview

Opportunity awaits in the relaxed island lifestyle of Melbourne Beach! Nestled in the desirable New Melbourne Beach community, this entirely and beautifully remodeled, upgraded home is filled with natural light thanks to vaulted tongue and groove ceilings, upgraded Pella energy-efficient windows, and a matching sliding glass door. The open-concept kitchen and family room create the perfect space for entertaining, with views of the expansive private backyard. Elegant Designer Fanimation Odyn ceiling fans add both style and comfort throughout the home while the 30cm x 120cm Spanish porcelain tile throughout elevates the ambiance. A thoughtful split-floor plan offers three bedrooms and two bathrooms, including a spacious owner’s suite complete with a walk-in closet and a walk-in shower. Enjoy the best of coastal living with private beaches, top-rated Brevard schools, and Sebastian Inlet State Park just minutes away. With countless river and ocean access points, along with a variety of dining and entertainment options nearby, this home is the perfect blend of modern upgrades, convenience, and beachside charm. variety of dining and entertainment options nearby, this home perfectly blends comfort, convenience, and the charm of coastal living.

Features

3 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

1495 sq. ft. floor area

11326 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Melbourne Beach over the last 12 months, the estimated median property value of 5120 Palm Drive is $650k.

Median value

$650k

Estimated value range

$5.04k - $4.1m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Melbourne Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5120 Palm Drive

2025

Sold

$695,000

20 Oct 2025 by Bradley Allan, of Keller Williams St Pete Realty

2022

Sold

$520,000

07 Nov 2022 by Gibbs Baum, of ONE SOTHEBY'S INTERNATIONAL

Happy sellers in Melbourne Beach

80%

80% of sellers in Melbourne Beach reported that their sale price either exceeded or met their price expectations.

Melbourne Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 26 reviews in Melbourne Beach over the last 12 months.

Local market activity for 3 bedroom single-family properties in Melbourne Beach

In the last 12 months, 81 three-bedroom single-family properties similar to 5120 Palm Drive, have been sold.

This represents a 6% decrease in three-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Melbourne Beach for a market analysis.

Laura Dowling Roy

(43 reviews)

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Eric S Van Dam PA

at Melbourne Beach Properties,Inc

(28 reviews)

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Sarah Munkacsy

at Ohana East Coast Realty

(33 reviews)

Get a market analysis

Richard Eble

at COMPASS FLORIDA LLC

4.9

(13 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Melbourne Beach

Laura Dowling Roy

Laura Dowling Roy is an award winning recommended agent for Melbourne Beach. They have 28 local sales and collected 7 local reviews across the last 12 months.

5 (43 reviews)
7 Reviews in Melbourne Beach
28 Sales in Melbourne Beach

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Eric S Van Dam PA

Sellers who recommend Eric S Van Dam PA have praised them for being local expert, responsive, clear communication, honest, detail-oriented, reliable, and supportive