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For SaleCondominium
$440K
4955 Dixie Highway NE #503, Palm Bay, FL 32905
Palm Bay Waterfront neighborhood
Subdivision: Venetian Bay Condo Ph I
3
Bedrooms
2
Bathrooms
1,849
Sq Ft
2004
Year Built
$238 /sqft

About This Property

Description from listing agent

Move-in ready 5th-floor riverfront condo with 1,849+sqft, unobstructed panoramic Intracoastal views, and a spacious 30-ft private balcony perfect for enjoying sunrises and marine life. This updated 3BR/2BA residence features new flooring (2020), hardwood floors in the living room and primary suite, and floor-to-ceiling sliding glass doors showcasing stunning water views. The primary suite offers custom blinds, a large walk-in closet, and a luxury remodeled shower with frameless glass, rain showerhead, and handheld wand. Guest shower also fully remodeled. Kitchen includes ample cabinetry and eat-in counter. Additional upgrades include new HVAC and water heater (2019), hurricane-impact windows, doors and shutters, in-unit washer/dryer with utility sink, assigned garage parking, and secure storage. Community amenities include heated pool, dock, clubhouse, and kayak/paddleboard storage. New roof (2025), new elevators (2025/2026), exterior painting by July 2026, and NO upcoming assessments.

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

Zone X (500-yr) — Moderate Risk

Moderate flood risk (0.2% annual chance). Flood insurance is optional but advisable.

Estimated flood insurance: $800 – $2,500 / yr — varies by coverage, elevation & insurer

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

Offer Intelligence

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

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
0.08 acres (3,485 sqft)
Full Baths
2
Total Rooms
9
Garage
1 car
HOA Fee
$943/mo
Waterfront
Yes
Pool
Yes
Days on Market
67
MLS Area
340 - NE Palm Bay

Community & HOA

HOA

  • Name: Keys Property Management
  • Fee: $943 / monthly

Schools

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
May 12, 2026
Parcel #
28-38-30-00-00508.R-0000.00
$440K

Listing Agent (for property info)

S
Stephen K. Hachey
Flat Fee MLS Realty
813-642-6030
Call Listing Agent

Estimated Monthly Payment

$3,851/mo
Principal & interest
$2,318
Property taxes
$440
Insurance & HOA
$1,093

Based on a 6.90% rate, 30-year loan, and $440K price — down payment shown: $88,000.

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# 1077098

Interested in this property?

Equal Housing Opportunity

MLS# 1077098 · Listing Broker: Flat Fee MLS Realty · 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.