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For SaleManufactured Home
$250K
2994 Indian River Drive NE #228, Palm Bay, FL 32905
Palm Bay Waterfront neighborhood
Subdivision: Palm Bay Estates Mobile Home Park Co/Op of Tropic
2
Bedrooms
2
Bathrooms
960
Sq Ft
1997
Year Built
$260 /sqft

About This Property

Description from listing agent

Not your typical waterfront opportunity. This updated home offers direct access to the Indian River Lagoon and Turkey Creek, with a completely rebuilt deck and boat lift that puts you right on the water. Inside, you'll find an upgraded kitchen and all new appliances, refreshed owner's bed and bath, and updated flooring throughout. Outside is where this property shines even more, sunrise views, active wildlife, and your own mango tree. If you've been waiting for a waterfront property that's already improved and ready to use, this is it. Need space? There's a shed plus a 20x9 container workshop for storage or projects, ideal for use as a workshop (no electric), additional storage, or even a secure pop-in shelter during inclement weather. The true highlight is the expansive deck, where you'll enjoy breathtaking sunrises and daily encounters with nature, dolphins, manatees, abundant waterfowl, and yes... even the occasional alligator passing

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/KSC34.2 mi~1h 16m
KSC34.8 mi~1h 18m

Estimates only — verify with Google Maps.

Flood Risk

Zone AE — High Risk

Special Flood Hazard Area (1% annual chance). Flood insurance is federally required for mortgages.

Estimated flood insurance: $2,000 – $6,000+ / 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
0.21 acres (9,148 sqft)
Full Baths
2
HOA Fee
$200/mo
Waterfront
Canal Navigational to Indian River
Senior Community
Yes
Days on Market
151
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
Feb 21, 2026
Parcel #
28-37-24-78-00000.0-0228.00
$250K

Listing Agent (for property info)

H
Heidi Hunter
Hunter Home Realty PA
407-221-7780
Call Listing Agent

Estimated Monthly Payment

$1,917/mo
Principal & interest
$1,317
Property taxes
$250
Insurance & HOA
$350

Based on a 6.90% rate, 30-year loan, and $250K price — down payment shown: $50,000.

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# 1070002

Interested in this property?

Equal Housing Opportunity

MLS# 1070002 · Listing Broker: Hunter Home Realty PA · 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.