Sold
Closed
500 Palmetto Place
Indialantic FL, 32903
$1,150,000
$422.48 per sqft
Sold
Closed
4 Beds
4 Baths
2,722 sqft
Residential
Built in 1961
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.
1016128
MLSⓇ ID
June 22, 2024
Listed
October 22, 2024
Updated
Map
500 Palmetto Place
Indialantic FL, 32903
Interior Features
Total Stories
1
Bedrooms
4
Total Bathrooms
4
Full Bathrooms
3
Interior Features
Breakfast Bar, Eat-in Kitchen, Walk-In Closet(s)
Appliances
Dishwasher, Double Oven, Dryer, Gas Range, Ice Maker, Washer
Floor Description
Terrazzo
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.43 Acres
Exterior Features
Impact Windows
Lot Features
Corner Lot
Architectual Style
Mid Century Modern
Roof
Shingle
Sewer
Public Sewer
School Information
High School
Melbourne
Elementary School
Indialantic
Other Property Details
Area Name
384-Indialantic/Melbourne Beach
Taxes
$7,268
Tax Frequency
Annually
Garage
Yes
Garage Spaces
2
Parking
Attached Carport, Circular Driveway, Garage
View
No
County
Brevard
Water Source
Public
Pool
Yes
Pool Features
In Ground
Listing History
Date | Event | Price |
---|---|---|
8/26/2024 | Sold | $1,150,000 |
7/13/2024 | Under contract | — |
6/22/2024 | Active | — |
Courtesy of Island Pineapple Realty, LLC, Aaron Young,
Listing Contact: 321-210-6529
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor MVP SALES GROUP shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 FL - MLS of South Brevard & the Space Coast Association of REALTORS (SPACE). All rights reserved.