5055 Dixie Hwy NE Unit B105 Palm Bay, FL 32905
Bayfront Village Neighborhood
3
Beds
2
Baths
1,480
Sq Ft
$815/mo
HOA Fee
Highlights
- Marina
- Home fronts a seawall
- Fitness Center
- Boat Dock
- Boat Slip
- Intracoastal View
About This Home
As of March 2025AMAZING BARGAIN with AMENITIES GALORE! Your permanent vacation awaits! Rhum Cove is gated condo community nestled along the intracoastal Indian River, navigational to the ocean, and boasts a private Marina that make your waterfront lifestyle dream a reality! This corner unit, 3 bedroom, 2 bathroom has a split floorplan perfectly spaced for privacy. Offering water views from the primary bedroom, living room, dining room. and guest room, you'll never miss out on beautiful sunrises and breathtaking rocket launches. With an open kitchen, breakfast bar, and large balcony that extends from the end-to-end, this unit is perfect for entertaining and taking in our spectacular Florida weather. Each condo is deeded with a boat slip, extended garage, and attached storage area , too. The complex offers a heated/cooled pool, spa, tennis court, pickle ball court, fishing pier, clubhouse, sauna, exercise room, Barbecue, Wi-Fi and MORE!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,997
Year Built
- Built in 1988
Lot Details
- Home fronts a seawall
- Home fronts navigable water
- Property fronts an intracoastal waterway
- River Front
- Northeast Facing Home
- Fenced
HOA Fees
- $815 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Gated Parking
- Guest Parking
- Additional Parking
- Parking Lot
- Assigned Parking
Property Views
- Intracoastal
- River
Home Design
- Contemporary Architecture
- Membrane Roofing
- Block Exterior
- Asphalt
Interior Spaces
- 1,480 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Ceiling Fan
- Security Gate
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Electric Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Dual Closets
- 2 Full Bathrooms
- Shower Only
Laundry
- Laundry in unit
- Dryer
- Washer
Pool
- Heated Spa
- In Ground Spa
Outdoor Features
- Boat Slip
- Docks
- Balcony
- Covered patio or 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 28-38-30-00-00535.2-0000.00
Community Details
Overview
- Association fees include cable TV, insurance, internet, ground maintenance, maintenance structure, pest control, sewer, trash, water
- Rhum Cove Association, Phone Number (321) 345-3110
- Rhum Cove Subdivision
- Maintained Community
- Car Wash Area
Amenities
- Community Barbecue Grill
- Sauna
- Clubhouse
- Community Storage Space
- Elevator
Recreation
- Boat Dock
- Community Boat Slip
- Marina
- Tennis Courts
- Pickleball Courts
- Fitness Center
- Community Pool
- Community Spa
Pet Policy
- Pets Allowed
- Pet Size Limit
Security
- Phone Entry
- Gated Community
- Hurricane or Storm Shutters
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 14, 2024
Closed on
Mar 21, 2025
Sold by
Sally W & Michael K Wheeler Revocable Tr and Wheeler Sally
Bought by
Longacre Cynthia and Smith Christina Marie
Seller's Agent
Salvatore Burke
Burke Group Real Estate
Buyer's Agent
Antonio Pizatella
Blue Marlin Real Estate
List Price
$375,000
Sold Price
$305,000
Premium/Discount to List
-$70,000
-18.67%
Total Days on Market
257
Views
142
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
126.24%
Original Mortgage
$100,000
Outstanding Balance
$100,000
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$253,284
Purchase Details
Closed on
Feb 10, 2021
Sold by
Wheeler Michael K and Wheeler Sally W
Bought by
Wheeler Michael K and Wheeler Sally W
Purchase Details
Closed on
Oct 1, 2013
Sold by
West Hibiscus 1688 L L C
Bought by
Wheeler Michael K and Wheeler Sally W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
4.57%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 29, 2005
Sold by
Gerard Jerry and Edlin Gerard Sharlene
Bought by
West Hibiscus 1688 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 21, 2001
Sold by
Ouellette Jeannine G
Bought by
Gerard Jerry and Edlingerard Sharlene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
7.18%
Map
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $305,000 | None Listed On Document | |
| Warranty Deed | $305,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Warranty Deed | $153,500 | Attorney | |
| Warranty Deed | $91,000 | Multiple | |
| Warranty Deed | $148,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | New Conventional | |
| Closed | $100,000 | New Conventional | |
| Previous Owner | $116,000 | New Conventional | |
| Previous Owner | $285,000 | Purchase Money Mortgage | |
| Previous Owner | $185,000 | Unknown | |
| Previous Owner | $118,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/21/2025 03/21/25 | Sold | $305,000 | 0.0% | $206 / Sq Ft |
| 02/28/2025 02/28/25 | Off Market | $305,000 | -- | -- |
| 12/03/2024 12/03/24 | Price Changed | $330,000 | -8.3% | $223 / Sq Ft |
| 11/26/2024 11/26/24 | Price Changed | $360,000 | -1.4% | $243 / Sq Ft |
| 07/15/2024 07/15/24 | Price Changed | $365,000 | -2.7% | $247 / Sq Ft |
| 06/14/2024 06/14/24 | For Sale | $375,000 | -- | $253 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
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 |
|---|---|---|---|---|
| 2023 | $4,997 | $267,540 | $0 | $267,540 |
| 2022 | $4,609 | $244,440 | $0 | $0 |
| 2021 | $616 | $62,900 | $0 | $0 |
| 2020 | $610 | $62,040 | $0 | $0 |
| 2019 | $623 | $60,650 | $0 | $0 |
| 2018 | $615 | $59,520 | $0 | $0 |
| 2017 | $623 | $58,300 | $0 | $0 |
| 2016 | $633 | $57,110 | $0 | $0 |
| 2015 | $649 | $56,720 | $0 | $0 |
| 2014 | $3,175 | $138,200 | $0 | $0 |
Source: Public Records
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1016828
APN: 28-38-30-00-00535.2-0000.00
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