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For SaleCondominium
$445K
4955 Dixie Highway NE #702, Palm Bay, FL 32905
Palm Bay Waterfront neighborhood
Subdivision: Venetian Bay Condo Ph I
3
Bedrooms
3
Bathrooms
2,159
Sq Ft
2004
Year Built
$206 /sqft

About This Property

Description from listing agent

**Priced WAY Below market value Are you looking for stunning updated large 2100+ sq feet condo with amazing river views??? This 7th floor condo for is you. This unit has amazing unobstructed river views you can enjoy from your spacious 36 foot long private balcony. 3 bedroom & 3 full bath. Large primary bedroom also with river views has custom blinds, large custom walk in closet and newly remodeled stunning primary bath where no details were overlooked. New flooring throughout. Living room has custom electric blinds and all sliding glass doors to enjoy every inch of those water views. kitchen has new appliances(2024), tons of cabinets and eat in area New HVAC, water heater 2019, new roof. Heated pool, kayak storage, community dock & clubhouse. **one car garage space and secure storage This is truly resort style living come enjoy the riverfront living at it finest. *** NO upcoming assessments, 3 month rental allowed

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

Zone X (500-yr) — Moderate Risk

Moderate flood risk (0.2% annual chance). Flood insurance is optional but advisable.

Estimated flood insurance: $800 – $2,500 / 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

Based on 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
At market value
Median comparable close price: $450,000
Typical Offer Discount
95.8% of list price
At that rate, a competitive offer ≈ $426,059
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 1 comparable sale 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
0.09 acres (3,920 sqft)
Full Baths
3
Garage
1 car
HOA Fee
$1095.35/mo
Waterfront
Indian River
Days on Market
15
MLS Area
340 - NE Palm Bay

Community & HOA

HOA

  • Name: Venetian Bay Condo association c/o Rick Alexander
  • Fee: $1,095.35 / monthly

Schools

Elementary

Palm Bay Elem

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Jun 26, 2026
Parcel #
28-38-30-00-00509.0-0000.00
$445K

Listing Agent (for property info)

A
Andrea D. Hansen
Real Broker, LLC
321-427-4107
Call Listing Agent

Estimated Monthly Payment

$4,034/mo
Principal & interest
$2,344
Property taxes
$445
Insurance & HOA
$1,245

Based on a 6.90% rate, 30-year loan, and $445K price — down payment shown: $88,980.

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# 1067494

Interested in this property?

Equal Housing Opportunity

MLS# 1067494 · Listing Broker: Real Broker, 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.