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For SaleCondominium
$799K
4955 Dixie Highway NE 802, Palm Bay, FL 32905
Palm Bay Waterfront neighborhood
Subdivision: Venetian Bay Condo Ph I
3
Bedrooms
4
Bathrooms
3,561
Sq Ft
2004
Year Built
$224 /sqft

About This Property

Description from listing agent

Celebrate ravishing Indian River vistas from your private 8th-floor balcony as luxury rises to a new level in this extraordinary 3,500+ sq. ft. penthouse in Palm Bay, where soaring 13-foot ceilings, floor-to-ceiling impact glass, & a breathtaking wall of sweeping sliders frame endless waterfront & city views in every direction. Designed for both grand entertaining & quiet indulgence, the expansive open-concept layout flows effortlessly to an oversized terrace, filling the home w/ natural light & an unmistakable sense of coastal sophistication. A gourmet kitchen anchors the space w/ timeless finishes, while a private office behind French doors adds elegance & versatility. The opulent primary suite feels like a personal retreat, complemented by beautifully appointed en-suite guest rooms & modern upgrades including new impact windows, shutters, & updated appliances. Set within a resort-style community just moments from premier dining, shopping, & the shoreline, this is penthouse living.

Space Coast Context

🚀 Launch Viewing — Fair Views

37.6 mi from SLC-40

37.6 miles from SLC-40 — visible as a bright streak in good conditions.

Aerospace Commute Guide
L3Harris6.9 mi~15 min
Northrop8.4 mi~19 min
Blue Origin31.3 mi~1h 10m
Lockheed32.7 mi~1h 13m
SpaceX32.8 mi~1h 13m
Boeing/KSC35 mi~1h 18m
KSC35.7 mi~1h 20m

Estimates only — verify with Google Maps.

Flood Risk

Flood zone data not yet available for this listing. Check FEMA Flood Map

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Offer Intelligence

Based on 29 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
56.7% above median
Median comparable close: $510,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
97.7% of list price
At that rate, a competitive offer ≈ $780,887
Price Reductions
No reductions
Listed price has not changed since hitting the market

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.09 acres (3,920 sqft)
Full Baths
3
Half Baths
1
Garage
1 car (attached)
HOA Fee
$1194.96/mo
Waterfront
Indian River
Days on Market
131
MLS Area
340 - NE Palm Bay

Community & HOA

HOA

  • Name: Venetian Bay Condo Association
  • Fee: $1,194.96 / monthly

Schools

Elementary

Palm Bay Elem

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Feb 6, 2026
Parcel #
28-38-30-00-00509.E-0000.00
$799K

Listing Agent (for property info)

D
DeWayne Carpenter
Compass Florida, LLC
321-214-8400
Call Listing Agent

Estimated Monthly Payment

$6,354/mo
Principal & interest
$4,210
Property taxes
$799
Insurance & HOA
$1,345

Based on a 6.90% rate, 30-year loan, and $799K price — down payment shown: $159,800.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1068614

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Equal Housing Opportunity

MLS# 1068614 · Listing Broker: Compass Florida, LLC · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.