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For SaleCondominium
$235K
3901 Dixie Highway NE #209, Palm Bay, FL 32905
Palm Bay Waterfront neighborhood
Subdivision: The Castaway Cove Condo
2
Bedrooms
2
Bathrooms
1,146
Sq Ft
1985
Year Built
$205 /sqft

About This Property

Description from listing agent

Direct Indian River with unobstructed water views!!! This is a MOVE-IN READY 2nd floor unit in a solid building with excellent amenities including a fabulous riverfront pool, extensive pedestrian dock on the river, car wash station, covered parking, and a very reasonable monthly HOA of $680 which includes cable TV & WIFI internet, water & sewer & garbage, pest control, grounds maintenance, gardening area, and building insurance! This property includes a fully outfitted kitchen with custom granite counters and extra cabinet space, updated designer flooring, and hurricane shutters for complete peace of mind. The waterfront view is quite special that includes a direct view of rocket launches to the north and clear views east to the ocean and south to Sebastian. Compare to everything in the similar price range. This property is definitely worth checking out!!!

Space Coast Context

🚀 Launch Viewing — Fair Views

35.9 mi from SLC-40

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

Aerospace Commute Guide
L3Harris5 mi~11 min
Northrop6.4 mi~14 min
Blue Origin29.7 mi~1h 6m
Lockheed31 mi~1h 9m
SpaceX31.1 mi~1h 9m
Boeing/KSC33.2 mi~1h 14m
KSC33.8 mi~1h 15m

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
  • 12/29/24
    Listed
    $235K
    $205/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
2.5 acres (108,900 sqft)
Full Baths
2
HOA Fee
$680/mo
Waterfront
Indian River
Pool
Yes
Days on Market
545
MLS Area
340 - NE Palm Bay

Community & HOA

HOA

  • Name: The Castaway Cove
  • Fee: $680 / monthly

Schools

Elementary

Palm Bay Elem

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Dec 30, 2024
Parcel #
28-37-13-52-0000a.0-0013.Xa
$235K

Listing Agent (for property info)

C
Clinton Davis
RE/MAX Aerospace Realty
321-604-1310
Call Listing Agent

Estimated Monthly Payment

$2,303/mo
Principal & interest
$1,238
Property taxes
$235
Insurance & HOA
$830

Based on a 6.90% rate, 30-year loan, and $235K price — down payment shown: $47,000.

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# 1032862

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Equal Housing Opportunity

MLS# 1032862 · Listing Broker: RE/MAX Aerospace 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.