6 months on rocket

5011 NE Dixie Hwy NE Unit 407, Palm Bay, FL, 32905

$495,000

Home List Price

$5,878*

Closing Credit

2 Bedrooms
2 Full Baths
1,580 SqFt
$313/SqFt
Condo

Location

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5011 NE Dixie Hwy NE Unit 407, Palm Bay$495,000

Buyer Closing Credits

$5,878*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Assigned, Attached, Garage, Gated, Guest, Parking Lot
Attached Garage1 space
Year Built1988
HeatingCentral, Electric
CoolingCentral Air
ViewMarina, River
MLS #1017566
Lot Size0.11 Acres
StatusActive

About 5011 NE Dixie Hwy NE Unit 407

Experience waterfront living with breathtaking views of the Indian River and your private marina, complete with a deeded boat slip. This updated 2 bedroom,2 bathroom corner unit features a spacious wrap-around balcony, perfect for watching spectacular rocket launches and sunrises. Step inside to a light-filled, open floor plan with a generous living area, ideal for entertaining. The space is accentuated by three large sliding doors offering picturesque views of the marina and river.The kitchen is a chef's delight, boasting beautiful upgrades including granite countertops, a large kitchen bar, white shaker cabinets, a new stove, convection oven, and refrigerator. The master bedroom is a serene retreat with a large slider opening to your private balcony overlooking the marina. The master bathroom is elegantly appointed with granite counters, new wall tile, and tasteful fixtures. This gated community offers resort-style amenities including a pool, spa, sauna, gym, tennis courts and more.

Property Details

Property Features

Property Information:

  • Year Built: 1988
  • Stories: 4
  • Living Area: 1,580 SqFt

Listing Office:

  • Office Name: HomeLife Properties, LLC
  • Office Phone: (321) 775-0272
  • Listing Agent: Debra Webb

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, ENERGY STAR Qualified Refrigerator, Freezer, Ice Maker, Refrigerator, Washer/Dryer Stacked
  • Flooring Type: Carpet, Tile
  • Interior: Breakfast Bar, Ceiling Fan(s), Entrance Foyer, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Marina, River
  • Exterior: Balcony, Boat Slip, Boat Dock, Tennis Court(s), Boat Lift, Storm Windows

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Additional Parking, Assigned, Attached, Garage, Gated, Guest, Parking Lot

Virtual/3D Tour

  • Virtual Tour: 5011 NE Dixie Hwy NE Unit 407
Virtual Tour

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From US-1(Dixie Highway) South towards Palm Bay , make a U-turn at Malabar Rd and Rhum Cove will be on your right 0.8 miles.Rhum Cove.is Building A, North Building facing marina. From I-95 South take exit 173 Malabar RD. Keep left at fork, follow signs tp FL-514 East Malabar Rd., left at light on to US-1. Rhum Cove will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $495,000
  • Price Per SqFt: $313/SqFt

HOA Fees:

  • Amount: $715
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$330.1K

Med. Price/SqFt

$193

Avg. Days On Market

71

# of Sold Homes

174

5011 NE Dixie Hwy NE Unit 407 vs Palm Bay

182 DAYS ON ROCKET

+111 Days

$495,000

+$164.8K More

$313/SqFt

+$120 More

KEY TAKEAWAY

This property is $164.8K more than the Median Sold Price and $120/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: #1017566

Listing Office:

  • Office Name: HomeLife Properties, LLC
  • Office Phone: (321) 775-0272
  • Listing Agent: Debra Webb

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, 11:21:08 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,253

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,551

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-704555
3
/10
  • Palm Bay Elementary School

  • 1200 Alamanda Rd NE

  • 1.60 miles

  • Public District Grades PK-6

school-card-donut-704556
10
/10
  • Gemini Elementary School

  • 2100 Oak St

  • 2.71 miles

  • Public District Grades KG-6

school-card-donut-704557
6
/10
  • Port Malabar Elementary School

  • 301 Pioneer Ave NE

  • 3.23 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,961. Typical income of Palm Bay, FL residents is less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

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 5011 NE Dixie Hwy NE Unit 407

What is the listing price of this property?

The listing price of 5011 NE Dixie Hwy NE Unit 407 property is $495,000.

What type of property is this?

The property 5011 NE Dixie Hwy NE Unit 407 is a condo located in Palm Bay, Florida, 32905.

Is this property for sale now?

Active Listing: 5011 NE Dixie Hwy NE Unit 407 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5011 NE Dixie Hwy NE Unit 407 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5011 NE Dixie Hwy NE Unit 407 is 1,580 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5011 NE Dixie Hwy NE Unit 407 is 1988.

Rocket HomesFloridaBrevard CountyPalm Bay329055011 NE Dixie Hwy NE Unit 407

This home is located at 5011 NE Dixie Hwy NE Unit 407 in Palm Bay, FL and zip code 32905. This 1,580 square foot home, which was built in 1988, sits on a 0.11 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 22, 2024 and is currently priced at $495,000.

In November 2024, from all listings sold in Palm Bay, FL there were more than 11 sold above asking price, over 85 sold below and more than 78 were sold right at the asked price. The number of homes for sale in Palm Bay, FL increased by 5% between October 2024 and November 2024. In November 2024 median list price was $330,166 and the average listing age was 71 days.

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

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