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For SaleCondominium
$500K
4955 Dixie Highway NE 505, Palm Bay, FL 32905
Palm Bay Waterfront neighborhood
Subdivision: Venetian Bay Condo Ph I
3
Bedrooms
3
Bathrooms
2,418
Sq Ft
2004
Year Built
$207 /sqft

About This Property

Description from listing agent

Imagine exquisite river views while sipping morning coffee watching postcard sunrises from your large wrap-around private balcony. This luxury corner unit provides a spacious great room with incredible views allow for family and guests to enjoy Florida living! Each of the 3 bedrooms have their own bathrooms. Suites for everyone! Primary bedroom is designed for royalty with wrap around balcony access. The kitchen features a large island, granite countertops, and tons of storage. Community includes heated riverfront pool, clubhouse, dock/pier, kayak storage, and two elevators. Includes one garage parking space with storage plus additional guest parking. I challenge you to find a better condo designed for family, guests, privacy, and living space for everyone. Just minutes to Atlantic beaches, and downtown Melbourne. Short drive to Eau Gallie Art District. Come view this masterpiece and see if you can spot the dolphins and manatees.

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.

Price History

Date
Event
Price
  • 6/16/26
    Listed
    $500K
    $207/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

Based on 28 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
48.8% above median
Median comparable close: $335,844 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
99.2% of list price
At that rate, a competitive offer ≈ $496,092
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
0.1 acres (4,356 sqft)
Full Baths
3
Stories
7
Garage
1 car
HOA Fee
$1228.36/mo
Waterfront
Indian River
Days on Market
1
MLS Area
340 - NE Palm Bay

Community & HOA

HOA

  • Name: Venetian Bay Condominium Association, Inc
  • Fee: $1,228.36 / monthly

Schools

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Jun 16, 2026
Parcel #
28-38-30-00-00508.T-0000.00
$500K

Listing Agent (for property info)

J
Jeremy T Silber
Dale Sorensen Real Estate Inc.
321-353-9864
Call Listing Agent

Estimated Monthly Payment

$4,512/mo
Principal & interest
$2,634
Property taxes
$500
Insurance & HOA
$1,378

Based on a 6.90% rate, 30-year loan, and $500K price — down payment shown: $99,980.

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# 1080120

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Equal Housing Opportunity

MLS# 1080120 · Listing Broker: Dale Sorensen Real Estate Inc. · 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.