NOT LISTED FOR SALE

Venetian Bay 4975 Dixie Hwy NE Unit 505 Palm Bay, FL 32905

Bayfront Village Neighborhood

Estimated Value: $494,233 - $546,000

3 Beds
3 Baths
2,418 Sq Ft
$693/mo HOA Fee

Last Sold February 20, 2018

Last sale price $430,000 $178 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,024/month

10 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Wood Flooring
  • River View
  • Clubhouse
  • Breakfast Area or Nook

About This Home

As of February 2018

Direct riverfront 5th floor condo w/sweeping panoramic river views. End unit w/wrap around balcony w/unobstructed views. Best view on the river. Only lived in a couple months a year. Modular laid stone travertine floors throughout w/bamboo hardwood in bedrooms. Amazing island kitchen w/stainless appliances, 42in honey maple cabinets w/crown, granite counters, & glass tile backsplash. River views from almost every room. Model perfect. Beautiful secure complex w/several amenities incl community pool & fishing dock. HOA dues incl everything except power. There is also a water generated electric plant (on site) which significantly reduces electric bills. Must see.

Last Agent to Sell the Property

Andy Waterman

Waterman Real Estate, Inc. License #653481 Listed on: 01/05/2018

Waterman Real Estate, Inc.

Last Buyer's Agent

Andrea Hansen

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,680

Year Built

  • Built in 2004

Lot Details

  • West Facing Home

HOA Fees

  • $693 Monthly HOA Fees

Parking

  • Subterranean Parking

Property Views

  • Pool

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,418 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Balcony
  • Wrap Around Porch

Schools

  • Palm Bay Elementary School
  • Stone Middle School
  • Palm Bay High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 28-38-30-00-00509.Z-0000.00

Community Details

Overview

  • Association fees include cable TV, insurance, sewer, trash, water
  • Venetian Bay Condo Ph II Subdivision
  • Maintained Community
  • 7-Story Property

Amenities

  • Clubhouse
  • Secure Lobby

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Secure Elevator
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,680

Year Built

Built in 2004

Lot Details

0

HOA Fees

$693 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Reso View: Pool, River, Water
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Security Gate, Smoke Detector(s), Secured Elevator, Secured Lobby
  • Reso Association Amenities: Clubhouse, Maintenance Grounds, Management - Full Time
  • Reso Association Fee Includes: Cable TV, Insurance, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Venetian Bay Condo Ph II
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-38-30-00-00509.Z-0000.00
  • Location Tax and Legal Elementary School: Palm Bay Elem
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Annual Amount: 6680.01
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 2418.0
  • General Property Information Building Area Total3: 2818.0
  • General Property Information Lot Size Acres: 0.06
  • General Property Information Lot Size Square Feet2: 2614.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Security Features Security Gate: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Number Limit: Yes
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • General Property Information Stories Total: 7
  • Levels Three Or More: Yes
  • Security Features Secured Elevator: Yes
  • Security Features Secured Lobby: Yes
  • Flooring Stone: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Stone, Wood
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Stories: 7
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Pool Features: Community, In Ground
  • Roof: Shingle, Other
  • Acres: 0.06
  • Waterfront Features: River Front, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Porch, Wrap Around
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Patio And Porch Features:Wrap Around: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Underground, Other
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Underground2: Yes
  • Parking Features:Other26: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 693.05
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 693.05
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 2614.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2862072
  • Parcel #: 28-38-30-00-00509.Z-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 6680.01

MLS Schools

  • Elementary School: Palm Bay Elem
  • High School: Palm Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2018
Closed on
Feb 20, 2018
Sold by
Harvey Gayla
Bought by
Fuller Ludwig Gerald Allen and Fuller Ludwig Sandra
Seller's Agent
Andy Waterman
Waterman Real Estate, Inc.
Buyer's Agent
Andrea Hansen
EXP Realty LLC
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%
Current Estimated Value
$528,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,558
Avg. Annual Appreciation
3.84%
Original Mortgage
$344,000
Outstanding Balance
$295,320
Interest Rate
3.99%
Estimated Equity
$276,038

Purchase Details

Closed on
Mar 2, 2009
Sold by
Albright James C
Bought by
Harvey Gayla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fuller Ludwig Gerald Allen $430,000 Prestige Title Of Brevard Ll
Harvey Gayla $350,000 Alliance Title Insurance Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuller Ludwig Gerald Allen $344,000
Previous Owner Harvey Gayla $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2018 02/20/18 Sold $430,000 -4.4% $178 / Sq Ft
01/16/2018 01/16/18 Pending -- -- --
01/05/2018 01/05/18 For Sale $450,000 -- $186 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,676 $361,160 -- --
2023 $5,676 $350,650 $0 $0
2022 $5,596 $340,440 $0 $0
2021 $5,763 $330,530 $0 $0
2020 $5,657 $325,970 $0 $325,970
2019 $6,311 $347,420 $0 $347,420
2018 $6,833 $331,560 $0 $331,560
2017 $6,680 $323,150 $0 $323,150
2016 $6,210 $286,910 $0 $0
2015 $6,116 $258,210 $0 $0
2014 $5,400 $234,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andy Waterman

    Seller's Agent in 2018

    Andy Waterman

    Waterman Real Estate, Inc.

    (321) 961-6182

    21 in this area

    515 Total Sales

    Andy Waterman
    Section Image

  • A

    Buyer's Agent in 2018

    Andrea Hansen

    EXP Realty LLC

See All Agents

About Venetian Bay

Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 801700

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-30-00-00509.Z-0000.00

Florida Brevard County Palm Bay 32905 Bayfront Village

4975 Dixie Hwy NE Unit 505, Palm Bay, FL

This home is located at 4975 Dixie Hwy NE Unit 505, Palm Bay, FL 32905 since 05 January 2018 and is currently estimated at $528,558, approximately $218 per square foot. This property was built in 2004. 4975 Dixie Hwy NE Unit 505 is a home located in Brevard County with nearby schools including Palm Bay Elementary School, Stone Magnet Middle School, and Palm Bay Magnet Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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