5141 Dixie Hwy NE Palm Bay, FL 32905
Bayfront Village NeighborhoodEstimated payment $14,911/month
Total Views
7,866
4
Beds
4
Baths
2,994
Sq Ft
$762
Price per Sq Ft
Highlights
- River Access
- River View
- Open Floorplan
- Heated Pool
- 1.1 Acre Lot
- Wood Flooring
About This Home
This unique 1.1-acre property features over 420' of direct water frontage, a 10' privacy wall, and excellent proximity to all major Space Coast attractions. Operated as a high-income vacation rental, this turnkey home pays for itself and offers exceptional ROI. Highlights include a metal roof and + rock revetment/seawall (2021), updated appliances (2023) , new pool heater (2024), and a private beach with reinforced seawall.
Bonus: Homeowners insurance is roughly 75% less than beachfront properties.
Listing Agent
ION REAL ESTATE GROUP INC Brokerage Phone: 561-866-1711 License #3075733 Listed on: 04/01/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $27,543
Year Built
- Built in 1999
Lot Details
- 1.1 Acre Lot
- River Front
- East Facing Home
- Property is zoned R38
Parking
- 2 Car Attached Garage
Home Design
- Bi-Level Home
- Metal Roof
- Wood Siding
- Concrete Siding
- Block Exterior
Interior Spaces
- 2,994 Sq Ft Home
- Open Floorplan
- High Ceiling
- French Doors
- Combination Dining and Living Room
- Bonus Room
- Wood Flooring
- River Views
- Hurricane or Storm Shutters
Kitchen
- Cooktop
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Heated Pool
- River Access
- Exterior Lighting
Utilities
- Central Air
- Heating Available
- Electric Water Heater
Community Details
- No Home Owners Association
- Part Of S 1/2 Of Sw 1/4 Lying E Of Us Highway 1 As Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 517 / 5181
- Assessor Parcel Number 16-0000624
Map
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Home Values in the Area
Average Home Value in this Area
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 | $25,983 | $1,414,500 | $784,000 | $630,500 |
| 2022 | $24,198 | $1,352,790 | $0 | $0 |
| 2021 | $23,006 | $1,152,870 | $672,000 | $480,870 |
| 2020 | $18,859 | $947,670 | $567,000 | $380,670 |
| 2019 | $19,357 | $926,880 | $567,000 | $359,880 |
| 2018 | $20,289 | $1,005,380 | $672,000 | $333,380 |
| 2017 | $19,558 | $1,000,940 | $672,000 | $328,940 |
| 2016 | $17,319 | $797,600 | $490,010 | $307,590 |
| 2015 | $17,000 | $760,280 | $490,010 | $270,270 |
| 2014 | $16,573 | $728,680 | $490,010 | $238,670 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Price Changed | $2,280,000 | -6.0% | $762 / Sq Ft |
| 07/07/2025 07/07/25 | Price Changed | $2,425,000 | +1.0% | $810 / Sq Ft |
| 06/06/2025 06/06/25 | Price Changed | $2,400,000 | -2.0% | $802 / Sq Ft |
| 05/07/2025 05/07/25 | Price Changed | $2,450,000 | -2.0% | $818 / Sq Ft |
| 03/26/2025 03/26/25 | For Sale | $2,500,000 | +31.6% | $835 / Sq Ft |
| 10/06/2023 10/06/23 | Sold | $1,900,000 | -12.6% | $635 / Sq Ft |
| 08/24/2023 08/24/23 | Pending | -- | -- | -- |
| 08/01/2023 08/01/23 | Price Changed | $2,175,000 | -3.3% | $726 / Sq Ft |
| 06/20/2023 06/20/23 | For Sale | $2,250,000 | +52.0% | $752 / Sq Ft |
| 07/28/2020 07/28/20 | Sold | $1,480,000 | +0.3% | $429 / Sq Ft |
| 06/17/2020 06/17/20 | Pending | -- | -- | -- |
| 02/27/2020 02/27/20 | For Sale | $1,475,000 | +39.2% | $428 / Sq Ft |
| 03/23/2018 03/23/18 | Sold | $1,060,000 | -3.6% | $420 / Sq Ft |
| 02/20/2018 02/20/18 | Pending | -- | -- | -- |
| 01/01/2018 01/01/18 | For Sale | $1,100,000 | -- | $436 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,900,000 | None Listed On Document | |
| Warranty Deed | $1,480,000 | Attorney | |
| Warranty Deed | $1,060,000 | Professional Title Of Indian | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $1,625,000 | South Beach Title Of Melbour | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,110,000 | New Conventional | |
| Previous Owner | $999,999 | New Conventional | |
| Previous Owner | $848,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,300,000 | No Value Available |
Source: Public Records
Similar Home in Palm Bay, FL
Source: Stellar MLS
MLS Number: O6295067
APN: 28-38-30-00-00517.1-0000.00
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