$447,000
$2K PRICE DROP

5055 Dixie Hwy NE Unit B206 Palm Bay, FL 32905

Bayfront Village Neighborhood

Estimated payment $2,788/month

Total Views 2,059
3 Beds
2 Baths
1,480 Sq Ft
$302 Price per Sq Ft

Highlights

  • River View
  • Covered patio or porch
  • Eat-In Kitchen
  • No HOA
  • Balcony
  • High Impact Windows

About This Home

Gorgeous updated/remodeled condo with beautiful views of the Indian River from its private balcony. This 3 bedroom/2bath condo features beautiful vinyl plank flooring and cool color pallet, kitchen with rich colors and granite countertops. The owner's suite is spacious with its upgraded bath and double sinks. Home has new impact windows, and a tankless water heater. The private marina is a boater's paradise, with its own DEEDED BOAT SLIP WITH BRAND NEW LIFT! Deeded 1 car garage, parking space and boat slip. Amenities include clubhouse, tennis court, heated pool/spa fitness room, marina and fishing pier! Don't miss this one! Won't last at this price!

Listing Agent

Elizabeth Gammon

Real Broker LLC License #3500226

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,582

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • River Front
  • Property fronts a state road
  • East Facing Home
  • Land Lease

Parking

  • 1 Car Garage
  • Guest Parking

Home Design

  • Membrane Roofing
  • Concrete Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,480 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • River Views
  • Security Gate
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

  • Palm Bay Elementary School
  • Stone Middle School
  • Palm Bay High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 28-38-30-00-00535.9-0000.00
  • Community Development District (CDD) fees
  • $815 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • Rhum Cove Subdivision

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • High Impact Windows

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,582

Year Built

Built in 1988 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1988
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Washer Hookup
  • ResoLotFeatures: Other
  • Road Frontage Type: State Road
  • Road Surface Type: Asphalt
  • Reso View: River
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Security Gate
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Rhum Cove
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Tennis Court(s)
  • Property Attached Yn: Yes
  • Reso Property Condition: Updated/Remodeled
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Primary Bathroom - Shower No Tub
  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Tankless Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 3
  • Stories: 3
  • ResoLivingAreaSource: Estimated
  • Appliances Dishwasher: Yes
  • Appliances:Tankless Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Exterior Features: Balcony, Impact Windows
  • Roof: Concrete, Membrane, Other
  • Acres: 0.11
  • Pool Private: No
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Covered
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Balcony: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Lot Features:Other21: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes
  • Exterior Features:Impact Windows: Yes
  • Patio And Porch Features:Covered2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage, Guest
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Garage: Yes
  • Parking Features:Guest: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Current Use: Residential
  • Land Lease: Yes
  • Lot Size Sq Ft: 4792.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2850850
  • Parcel #: 28-38-30-00-00535.9-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3581.92

MLS Schools

  • Elementary School: Palm Bay Elem
  • High School: Palm Bay

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,272 $215,650 $0 $0
2022 $3,159 $209,370 $0 $0
2021 $3,240 $203,280 $0 $0
2020 $4,550 $227,200 $0 $227,200
2019 $4,468 $214,820 $0 $214,820
2018 $4,151 $206,620 $0 $206,620
2017 $3,826 $179,980 $0 $179,980
2016 $3,750 $179,980 $0 $0
2015 $3,494 $152,020 $0 $0
2014 $3,175 $138,200 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 Price Changed $447,000 -0.4% $302 / Sq Ft
02/25/2025 02/25/25 For Sale $449,000 +13.7% $303 / Sq Ft
08/30/2023 08/30/23 Sold $395,000 -2.5% $267 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $405,000 0.0% $274 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
04/24/2023 04/24/23 Price Changed $405,000 -1.8% $274 / Sq Ft
03/23/2023 03/23/23 For Sale $412,500 +55.7% $279 / Sq Ft
07/13/2020 07/13/20 Sold $264,900 0.0% $179 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $264,900 -- $179 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Deed History

Date Type Sale Price Title Company
Warranty Deed $395,000 Echelon Title Services
Warranty Deed $264,900 Alliance Title Ins Agcy Inc
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Deed $117,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $296,250 New Conventional
Previous Owner $251,655 New Conventional
Previous Owner $69,350 New Conventional
Previous Owner $85,000 No Value Available
Source: Public Records

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Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1038244

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-30-00-00535.9-0000.00