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Rhum Cove South Building

Rhum Cove South Building

Rhum Cove South Building
Condominium Building Complex
5011 Dixie Hwy NE,
Palm Bay, FL 32905-6601
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

144 Units
5 Stories
1988 Year Built
$366K - $475K Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Marina
  • Boat Dock
  • Marina View
  • Home fronts navigable water
  • Fitness Center
  • Outdoor Tennis Courts

Waterfront living in Palm Bay's Rhum Cove

Rhum Cove South Building, constructed in 1988, is a 5-story condominium complex situated along the picturesque Indian River in Palm Bay, Florida. This gated community comprises 144 units, offering residents a blend of coastal living and modern conveniences. The building's location provides stunning views of the Indian River Lagoon, where residents can often spot manatees, dolphins, and various bird species from their balconies. Rhum Cove's proximity to the Kennedy Space Center, about 60 miles north, allows residents to witness occasional rocket launches, adding a unique space-age touch to the serene waterfront setting.

Spacious riverfront units with panoramic views

Rhum Cove South Building offers a selection of 2 and 3-bedroom condominiums, ranging from 1,480 to 1,586 square feet. The 2-bedroom units, priced between $435,584 and $516,955, feature two bathrooms and ample living space. The 3-bedroom units, approximately 1,500 square feet in size with two bathrooms, are available from $357,000 to $415,000. Each unit boasts an expansive balcony, many of which stretch 45 to 48 feet along the entire length of the condo, accessible from multiple rooms including the master bedroom and living area. These balconies offer panoramic views of the Indian River, perfect for watching sunrises, sunsets, and even rocket launches. Recent renovations in many units have brought modern touches to these spacious homes. Updates often include new impact-resistant windows and sliding glass doors, some with remote-controlled hurricane shutters for added protection and convenience. Interior upgrades frequently feature luxury vinyl plank flooring throughout, granite countertops in kitchens and bathrooms, and stainless steel appliances. Some units boast custom touches like subway tile backsplashes, updated closet systems, and newly remodeled bathrooms with double sinks and large tiled showers. The open floor plans and abundant natural light create a bright, airy atmosphere, while the generous closet space provides ample storage. Many units have been freshly painted and feature new light fixtures, plumbing valves, and electrical outlets, ensuring a move-in ready experience for new residents.

A boater's paradise with resort-inspired amenities

Rhum Cove South Building stands out with its private marina, offering residents deeded boat slips that can accommodate vessels up to 32 feet in length. Many slips come equipped with lifts, some capable of handling up to 9,000 pounds, making it a true haven for boating enthusiasts. The community's amenities cater to both relaxation and active lifestyles. A heated and cooled saltwater pool and spa overlook the Indian River Lagoon, providing a perfect spot for unwinding. The well-equipped fitness center offers panoramic views of the marina, motivating residents during their workouts. For those who enjoy outdoor activities, Rhum Cove features a tennis court that doubles as a pickleball court, catering to various sporting preferences. A private fishing pier with seating and a cleaning station allows residents to indulge in their angling pursuits right on the property. The community clubhouse serves as a social hub, complete with a full catering kitchen, perfect for hosting events or gatherings. It also houses men's and ladies' bathrooms equipped with showers and dry saunas, adding a touch of luxury to the amenity package. Security and convenience are prioritized with gated entry to the community and elevator access within the building. Each unit comes with a deeded garage space, often featuring additional storage, and an assigned parking spot, ensuring residents always have a place for their vehicles.

Coastal charm meets space-age wonder in Palm Bay

Rhum Cove South Building is situated in the Bayfront Village neighborhood of Palm Bay, offering a unique blend of natural beauty and proximity to space-age attractions. The area is known for its peaceful atmosphere and stunning waterfront views, yet remains conveniently close to urban amenities. Just across the street, residents can explore Turkey Creek Sanctuary, a 130-acre nature preserve featuring a boardwalk, jogging trails, and a nature center. This pristine area is perfect for kayaking, wildlife observation, and peaceful walks. Nearby, Castaway Point Park offers additional opportunities for fishing, picnicking, and launching kayaks into the Indian River Lagoon. For dining options, residents can enjoy fresh seafood and waterfront views at The Shack Riverfront Restaurant & Outback Tiki Bar, located a short drive down Dixie Highway. This local favorite is known for its lively atmosphere and frequent live music. Those seeking a family-owned establishment might prefer Rooney's, situated a bit further inland, offering popular wings and prime rib dinners. Shopping needs are met with a Publix Super Market at Palm Bay Center, approximately a 4.5-mile drive away. For a wider selection of retail options, Melbourne Square Mall is about 8 miles north, featuring over 120 stores including Macy's, Dillard's, and JCPenney. The area's connection to the space program adds a unique flavor to the neighborhood. Residents can often witness rocket launches from their balconies or nearby vantage points, a reminder of the region's important role in space exploration. Educational opportunities in the area include Palm Bay Elementary, Stone Magnet Middle School, and Palm Bay Magnet High School, all part of the Brevard Public School System. These schools offer specialized programs in STEAM fields, providing students with advanced learning opportunities.

Car-centric living with easy access to major routes

Transportation in the Rhum Cove area primarily revolves around personal vehicles, reflecting the car-dependent nature of Palm Bay. The condominium's location provides convenient access to major roads, facilitating easy travel throughout the region. For those who prefer public transit, a bus stop serving the East Palm Bay line is located at Port Malabar Boulevard and Dixie Highway, about a 15-minute walk from the complex. This service provides connections to other parts of Palm Bay, though service may be limited compared to more urban areas. Air travel is facilitated by the nearby Melbourne Orlando International Airport, situated approximately 9 miles north of Rhum Cove. This proximity allows for convenient access to both domestic and international flights, with the airport offering direct connections to major U.S. cities and seasonal flights to the United Kingdom. For longer trips, major highways are accessible, providing routes to other Florida destinations. Orlando and its world-famous attractions are about an hour and 15 minutes away, depending on traffic conditions. While the area's bike score suggests some bike-friendly infrastructure, most residents rely on cars for their daily transportation needs. The condominium's provision of deeded garage spaces and additional parking spots caters to this car-centric lifestyle, ensuring residents always have a place for their vehicles when they return home.

Available Units

No units matching this criteria are available right now.

Building Details

Views

  • Marina
  • Intracoastal
  • River

Recreation

  • Outdoor Tennis Courts
  • Boat Dock
  • Community Boat Slip
  • Community Boat Launch
  • Marina
  • Pickleball Courts
  • Fitness Center
  • Heated Spa
  • In Ground Spa
  • Community Pool
  • Community Spa

Outdoor Features

  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • River Front
  • Community Barbecue Grill

Amenities

  • Sauna
  • Clubhouse
  • Gated Community

Parking

  • 1 Garage Space Per Unit
  • 1 Car Garage
  • Gated Parking
  • Guest Parking
  • Additional Parking
  • Parking Lot
  • Assigned Parking

Pet Policy

  • Pet Size Limit
  • 1 Pet Allowed
  • Dogs and Cats Allowed
  • Breed Restrictions

Condo Association

  • $815 Monthly HOA Fees
  • Association fees include cable TV, insurance, internet, ground maintenance, maintenance structure, pest control, sewer, trash, water
  • Rhum Cove Association
  • Rhum Cove Subdivision

Building Design

  • High Impact Windows
  • Elevator

Unit Features

  • Open Floorplan
  • Laundry in unit
  • Washer and Electric Dryer Hookup
  • Balcony

Unit Information By Building

Unit
209
210
407
Beds
3 Beds
3 Beds
2 Beds
3 Beds
Baths
2 Baths
2 Baths
2 Baths
2 Baths
Sq Ft
1,480
1,480
1,580
1,480
Price
$449,900
$405,900
$469,000
$439,900
Price / Sq Ft
$304 / Sq Ft
$274 / Sq Ft
$297 / Sq Ft
$297 / Sq Ft
List Date
03/14/2025
04/17/2025
06/22/2024
05/07/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
None Available
Est. Values
$365,600 - $430,285
2 Bedroom Units
Sq Ft Range
1,580
Est. Values
$405,753 - $457,373
3 Bedroom Units
Sq Ft Range
1,480
Est. Values
$367,098 - $475,335
All Units
Sq Ft Range
1,480 - 1,580
Est. Values
$365,600 - $475,335

Map

Area Factors

Low Crime

Crime Score®

4 / 10

Bikeable

Bike Score®

51 / 100

Car-Dependent

Walk Score®

14 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

75 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$116K - $350K
Range of Taxes in Building
$1,433 - $6,253
Range of Taxes per Sq Ft
$0.97 - $4.16

Property Tax History

Source: Public Records

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