8 months on rocket

4955 Dixie Hwy NE Unit 501, Palm Bay, FL, 32905

$624,700

Home List Price

$7,418*

Closing Credit

3 Bedrooms
3 Full Baths
2,418 SqFt
$258/SqFt
Condo

Location

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4955 Dixie Hwy NE Unit 501, Palm Bay$624,700

Buyer Closing Credits

$7,418*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Attached, Garage, Garage Door Opener, Gated, Parking Lot, Unassigned
Attached Garage1 space
Year Built2004
HeatingCentral, Electric
CoolingCentral Air, Electric
ViewRiver, Water, Intracoastal
MLS #1011822
Lot Size0.10 Acres
StatusActive

About 4955 Dixie Hwy NE Unit 501

Possible Seller financing! Unbelievable views of the Indian River Lagoon from this direct riverfront, northeast corner condo in luxurious Venetian Bay. Must see in person to experience the unique private and peaceful water views that surround this special unit. 2400+sqft with spacious rooms and views of the Indian River throughout. The grand primary suite with tray ceilings has a door to the wrap around balcony, two walk-in closets, and a large bath with double vanities, soaking tub, and a walk-in shower. The kitchen is perfect for entertaining with an abundance of cabinets and a breakfast bar. Main living and dining surrounded by sliding doors to the balcony where you can start the day watching the mesmerizing sunrise, and end the day watching the dolphins play. Gated community, double elevators, under building parking spot with private storage space, heated community pool, kayak storage and fishing pier. Building has new roof Apr 2024.Great location.Only 5 miles to downtown Melbourne and 7.5 miles to the beach

Property Details

Property Features

Property Information:

  • Year Built: 2004
  • Stories: 1
  • Living Area: 2,418 SqFt

Listing Office:

  • Office Name: Engel&Voelkers Melb Beachside
  • Office Phone: (321) 254-5275
  • Listing Agent: Heather Boesch

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Elevator, Entrance Foyer, Guest Suite, His and Hers Closets, Jack and Jill Bath, Kitchen Island, Pantry, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: River, Water, Intracoastal
  • Exterior: Balcony, Boat Dock, Storm Windows

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Assigned, Attached, Garage, Garage Door Opener, Gated, Parking Lot, Unassigned

Virtual/3D Tour

  • Virtual Tour: 4955 Dixie Hwy NE Unit 501
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Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: 1-92 South on US1 5 miles to 4955 Dixie Hwy on left, go through gate to north building

Price Information

Listing Price Info

Price Summary:

  • List Price: $624,700
  • Price Per SqFt: $258/SqFt

HOA Fees:

  • Amount: $1066
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,929
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palm Bay, FL.

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Palm Bay, FL

City

Med. Sold Price

$330.1K

Med. Price/SqFt

$193

Avg. Days On Market

71

# of Sold Homes

174

4955 Dixie Hwy NE Unit 501 vs Palm Bay

242 DAYS ON ROCKET

+171 Days

$624,700

+$294.5K More

$258/SqFt

+$65 More

KEY TAKEAWAY

This property is $294.5K more than the Median Sold Price and $65/SqFt more than other homes in Palm Bay, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1011822

Listing Office:

  • Office Name: Engel&Voelkers Melb Beachside
  • Office Phone: (321) 254-5275
  • Listing Agent: Heather Boesch

IDX Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 10:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 30, 2004Home Sold
$485,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,929$238,890
2019$3,859$233,520
2018$3,863$229,170
2017$3,863$224,460

History based on county public records data.

Payment Calculator

$4,251

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,939

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-804890
3
/10

  • Palm Bay Elementary School

  • 1200 Alamanda Rd NE

  • 1.55 miles

  • Public District Grades PK-6

school-card-donut-804891
10
/10

  • Gemini Elementary School

  • 2100 Oak St

  • 2.66 miles

  • Public District Grades KG-6

school-card-donut-804892
6
/10

  • Port Malabar Elementary School

  • 301 Pioneer Ave NE

  • 3.22 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,961. Most Palm Bay, FL residents have annual incomes less than $35k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Palm Bay, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Palm Bay, FL.

Palm Bay's housing market is diverse, offering a range of options from single-family homes to multi-family units. The architectural styles vary, with a noticeable presence of contemporary and ranch-style homes. The area has seen growth with new developments complementing the existing housing stock, which includes homes built from the 1970s onwards. The homeownership rate in Palm Bay is robust, reflecting a community invested in property ownership and stability.

What is it like to live in Palm Bay, FL?

Palm Bay is celebrated for its laid-back coastal lifestyle and natural beauty, with numerous parks and outdoor recreational opportunities. The community prides itself on a family-friendly atmosphere, with events like the Palm Bay Fair that highlight local culture and bring residents together. The city's character is further defined by its proximity to the Indian River Lagoon, appealing to those who appreciate water activities and conservation efforts.

Is it easy to get around Palm Bay, FL without a car?

The city of Palm Bay is served by a network of public schools, including elementary, middle, and high schools, as well as private educational institutions that cater to a range of learning preferences. Healthcare services are accessible, with facilities offering urgent care, primary care, and specialized medical services. The public library system supports lifelong learning and community engagement. Retail and dining options in Palm Bay reflect the local culture, with a mix of familiar chains and unique local establishments.

Transportation in Palm Bay, FL.

Transportation in Palm Bay includes a public bus system with established routes that connect key areas of the city. Ride-sharing services are available, providing additional options for residents and visitors. The city's layout and infrastructure support a car-dependent lifestyle, with major roads and highways facilitating travel to nearby cities and attractions. Efforts to enhance walkability and bikeability are ongoing, aiming to improve the overall accessibility of the city.

Frequently Asked Questions About 4955 Dixie Hwy NE Unit 501

What is the listing price of this property?

The listing price of 4955 Dixie Hwy NE Unit 501 property is $624,700.

What type of property is this?

The property 4955 Dixie Hwy NE Unit 501 is a condo located in Palm Bay, Florida, 32905.

Is this property for sale now?

Active Listing: 4955 Dixie Hwy NE Unit 501 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,929 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 30, 2004 for $485,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4955 Dixie Hwy NE Unit 501 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 4955 Dixie Hwy NE Unit 501 is 2,418 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4955 Dixie Hwy NE Unit 501 is 2004.

Rocket Homes›Florida›Brevard County›Palm Bay›32905›4955 Dixie Hwy NE Unit 501

This home is located at 4955 Dixie Hwy NE Unit 501 in Palm Bay, FL and zip code 32905. This 2,418 square foot home, which was built in 2004, sits on a 0.10 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $624,700.

Palm Bay, FL housing market in November 2024 saw over 11 listings sold above listed price, more than 78 sold at listed price and over 85 sold below. The inventory of homes for sale in Palm Bay, FL between October 2024 and November 2024 increased by 5%. While the average time on the market in November 2024 was 71 days, the median list price was $330,166.

From Rocket Homes Real Estate and based on county public records data.

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