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For SaleCondominium
$450K
4955 Dixie Highway NE #201, 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
$186 /sqft

About This Property

Description from listing agent

Spacious. Updated. Waterfront. Enjoy sweeping Indian River views from this spacious 3BR/3BA waterfront condo offering 2,418 sq ft, one of the largest floor plans in the building. The light-filled layout features a private balcony perfect for sunrises, dolphin watching, & rocket launches. Renovated primary suite w/ leathered granite vanity & designer tiled shower. Both guest beds include en-suite baths for added privacy. The kitchen is equipped with all-new appliances, abundant cabinetry, & Corian counters, ideal for everyday living/ entertaining. Major upgrades include 2025 water heater, 2022 accordion storm shutters, & 2024 roof. Resort-style amenities include riverfront heated pool, clubhouse, dock/pier, kayak storage, & two elevators — delivering true low-maintenance waterfront living just minutes from beaches, shopping, dining, and healthcare. Whether you're searching for a full-time residence, seasonal retreat, or investment, this is Space Coast riverfront living at its finest.

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
  • 7/11/25
    Listed
    $450K
    $186/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 2 comparable sales in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
7.1% above median
Median comparable close: $420,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
95.1% of list price
At that rate, a competitive offer ≈ $427,879
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 2 comparable sales used

Uncheck any home you don't consider comparable — the median updates instantly.

The median is weighted: nearer sales count more than distant ones, and comps marked recent (sold in the last 90 days) count 2×. Comps farther than 3 miles are flagged — a longer distance usually means few nearby sales were available.

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
0.1 acres (4,356 sqft)
Full Baths
3
Garage
1 car (attached)
HOA Fee
$1228/mo
Waterfront
Indian River
Days on Market
418
MLS Area
340 - NE Palm Bay

Community & HOA

HOA

  • Name: Venetian Bay Condo Association
  • Fee: $1,228 / monthly

Schools

Elementary

Palm Bay Elem

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Jul 11, 2025
Parcel #
28-38-30-00-00508.A-0000.00
$450K

Listing Agent (for property info)

K
Kristin W Lindbaek
Compass Florida, LLC
321-591-3615
Call Listing Agent

Estimated Monthly Payment

$4,199/mo
Principal & interest
$2,371
Property taxes
$450
Insurance & HOA
$1,378

Based on a 6.90% rate, 30-year loan, and $450K price — down payment shown: $90,000.

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# 1051432

What's Nearby

restaurants
El Super Mofongo Resbaloso
0.5 mi away
government
Malabar Town Hall
1.0 mi away
government
Council Chambers
1.0 mi away
restaurants
El Platanito
1.0 mi away
government
Town Administrators Office
1.0 mi away
government
Malabar Public Works Complex
1.1 mi away
parks
Playground at Malabar Park
1.5 mi away
schools
Palm Bay Elementary
1.5 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1051432 · 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.