$380,000
SOLD MAY 29, 2025

4975 Dixie Hwy NE Unit 703 Palm Bay, FL 32905

Bayfront Village Neighborhood
3 Beds
2 Baths
1,849 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$206 Per Sq Ft

13% Below List Price

117 Days on Market

Highlights

  • Ocean View
  • Heated Pool
  • Clubhouse
  • Water Access
  • River Front
  • Roman Tub

About This Home

As of May 2025

INCREDIBLE VIEWS of the INDIAN RIVER! Beautiful Expansive North & East Views! Engineered Brazilian Cherry Wood Flooring, Crown molding and Custom Molding on doorways, stunning lighting & Hunter Douglas ceiling fans.RELAX & ENJOY the view from large living area, balcony or primary bedroom. Kitchen W/ tray ceiling detail, granite counters & breakfast bar. Separate dining area. Primary suite has incredible walk in closet/dressing room & grand primary bath. Bath features double sinks, vanity area, walk in shower & large garden tub. Private Gated community has a heated pool, club house & pier.

Last Agent to Sell the Property

Pamela Ratfield

Berkshire Hathaway Florida Brokerage Phone: 772-231-1270 License #3431861 Listed on: 02/01/2025

Berkshire Hathaway Florida

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,249

Year Built

  • Built in 2004

Lot Details

  • River Front
  • Southwest Facing Home

Parking

  • 1 Car Garage

Property Views

  • Ocean
  • River

Home Design

  • Stucco

Interior Spaces

  • 1,849 Sq Ft Home
  • Crown Molding
  • Closed Circuit Camera
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Roman Tub
  • Bathtub

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Water Access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2862080

Community Details

Overview

  • Association fees include common areas, insurance, internet, ground maintenance, maintenance structure, reserve fund, sewer, trash, water
  • Venetian Bay Association
  • 8-Story Property

Amenities

  • Trash Chute
  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Breed Restrictions

Security

  • Phone Entry
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,249

Year Built

Built in 2004

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: 0
  • Ownership: Condo
  • Subdivision Name: Other
  • Directions: From Vero Beach head North on Hwy 1. The complex is just north of Malabar Rd on Hwy 1 on the right.
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 8
  • Year Built: 2004
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-1270
  • Special Features: VirtualTour
  • Stories: 8

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Bathtub, Crown Molding, Garden Tub/Roman Tub, Split Bedrooms
  • Living Area: 1849.0
  • Stories: 8
  • Window Features: None
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Wall
  • Lot Features: Other
  • Pool Features: Electric Heat, Heated, Pool, Community
  • View: Ocean, River
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southwest
  • Exterior Features: Balcony
  • Roof: Other

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Covered, Garage

Utilities

  • Laundry Features: In Unit
  • Security: Closed Circuit Camera(s), Phone Entry, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Other
  • Cooling Y N: Yes
  • Heating: Central, Electric, Other
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Elevator, Storage Facilities, Trash Chute, Water Access, Pool
  • Association Fee: 917.15
  • Association Name: Venetian Bay
  • Pets Allowed: Yes, Breed Restrictions, Number Limit, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Reserve Fund, Sewer, Trash, Water

Schools

  • Junior High Dist: Brevard County Schools

Lot Info

  • Parcel #: 2862080
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6249.0
  • Tax Lot: 0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2025
Closed on
May 29, 2025
Sold by
Paul S C Wang Living Trust and Wang Paul S
Bought by
Garrett James Edward and Garrett Susan Elysse
Seller's Agent
Pamela Ratfield
Berkshire Hathaway Florida
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$439,000
Sold Price
$380,000
Premium/Discount to List
-$59,000
-13.44%
Views
56
Current Estimated Value
$385,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,783
Avg. Annual Appreciation
4.83%
Original Mortgage
$285,000
Outstanding Balance
$284,516
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$101,268

Purchase Details

Closed on
Feb 27, 2019
Sold by
Dewindt Keith A and De Windt Deborah
Bought by
Wang Paul S C and Paul S C Wang Living Trust

Purchase Details

Closed on
Aug 26, 2004
Sold by
Laham Steve
Bought by
Dewindt Keith A and Dewindt Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.01%

Purchase Details

Closed on
Aug 20, 2004
Sold by
Ake Development Inc
Bought by
Laham Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.01%
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 Type Sale Price Title Company
Warranty Deed $380,000 Florida Title & Guarantee Agen
Warranty Deed $300,000 Florida Title & Guarantee Ag
Warranty Deed $415,000 Alliance Title Brevard Llc
Warranty Deed $297,000 Alliance Title Of Brevard Ll
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $285,000 New Conventional
Previous Owner $272,400 New Conventional
Previous Owner $332,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Sold $380,000 -5.0% $206 / Sq Ft
03/03/2025 03/03/25 Price Changed $399,900 -8.9% $216 / Sq Ft
02/01/2025 02/01/25 For Sale $439,000 -- $237 / Sq Ft
Source: REALTORS® Association of Indian River County

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 $6,237 $344,080 -- --
2023 $6,237 $387,020 $0 $0
2022 $5,457 $315,610 $0 $0
2021 $5,093 $253,720 $0 $253,720
2020 $5,136 $256,730 $0 $256,730
2019 $5,679 $273,620 $0 $273,620
2018 $5,390 $261,120 $0 $261,120
2017 $5,272 $254,590 $0 $254,590
2016 $4,901 $226,030 $0 $0
2015 $4,827 $203,420 $0 $0
2014 $4,263 $184,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pamela Ratfield

    Seller's Agent in 2025

    Pamela Ratfield

    Berkshire Hathaway Florida

    (512) 663-2660

    6 in this area

    102 Total Sales

    Pamela Ratfield
    Section Image

  • N

    Buyer's Agent in 2025

    NON-MLS AGENT

    NON MLS

See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 285027

APN: 28-38-30-00-00510.H-0000.00

Florida Brevard County Palm Bay 32905 Bayfront Village

4975 Dixie Hwy NE Unit 703, Palm Bay, FL

This home is located at 4975 Dixie Hwy NE Unit 703, Palm Bay, FL 32905 and is currently priced at $380,000, approximately $205 per square foot. This property was built in 2004. 4975 Dixie Hwy NE Unit 703 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.

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