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For SaleManufactured Home
$83K
2972 Indian River Drive NE, Palm Bay, FL 32905
Palm Bay Waterfront neighborhood
Subdivision: Palm Bay Estates Mobile Home Park Co/Op of Tropic
1
Bedrooms
1
Bathrooms
528
Sq Ft
1970
Year Built
$156 /sqft

About This Property

Description from listing agent

This charming and winsome 1-bedroom, 1-bathroom home in Palm Bay Estates is move-in ready. Located in a waterfront community for residents aged 55 and over, the home has been updated with modern appliances, including a dishwasher. It features laminate flooring throughout, with tile in the bathroom for easy maintenance. A washer and dryer are also included for your convenience. The property includes a two-car carport on one side, while the other side offers added privacy with no neighboring homes. Behind the screened-in patio, there is a storage shed. Additionally, a second patio area can be screened in due to a roof extension, providing a lovely view of the canal. Currently, the HOA fees are $190 per month and are scheduled to increase to $200 on January 1st. Palm Bay Estates offers amenities such as boat storage, RV parking, and kayak racks (subject to availability), all for an additional fee.

Space Coast Context

🚀 Launch Viewing — Fair Views

36.8 mi from SLC-40

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

Aerospace Commute Guide
L3Harris5.9 mi~13 min
Northrop7.4 mi~16 min
Blue Origin30.6 mi~1h 8m
Lockheed31.9 mi~1h 11m
SpaceX32 mi~1h 11m
Boeing/KSC34.1 mi~1h 16m
KSC34.8 mi~1h 18m

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.

Price History

Date
Event
Price
  • 10/6/25
    Listed
    $83K
    $156/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

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
0.21 acres (9,148 sqft)
Full Baths
1
HOA Fee
$200/mo
Senior Community
Yes
Days on Market
266
MLS Area
340 - NE Palm Bay

Community & HOA

HOA

Schools

Elementary

Palm Bay Elem

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Oct 6, 2025
Parcel #
28-37-24-78-00000.0-0217.00
$83K

Listing Agent (for property info)

E
Edward LaPetina
A & E Realty Brevard
321-431-3816
Call Listing Agent

Estimated Monthly Payment

$867/mo
Principal & interest
$435
Property taxes
$83
Insurance & HOA
$350

Based on a 6.90% rate, 30-year loan, and $83K price — down payment shown: $16,500.

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# 1058853

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Equal Housing Opportunity

MLS# 1058853 · Listing Broker: A & E Realty Brevard · 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.