When was property at 1632 Water Drive Northeast built and last sold?

The property at 1632 Water Drive Northeast was built in 1928 and last sold on Dec 23, 2002 for $100,000.

How much is this home worth?

The estimated value of the home located at 1632 Water Drive Northeast is $470,062.

What are some comparable homes to 1632 Water Drive Northeast?

There are currently no comparable homes to 1632 Water Drive Northeast.

Palm Bay

32905

Tillman

1632 Water Drive NE

Map

$479,000

↓ $10K (2%)

● House - For Sale

1632 Water Drive NE

Palm Bay, FL 32905

2 Beds

1 Bath

956 Ft²

$2,688

Est. Monthly

3.94%

Cap Rate

About This Property

1.44 acres with beautiful river views! This rare homesite is finally available for you! Front and rear access possible. Zoned Urban Mixed Use but grandfathered in residential with restrictions. So many opportunities! The current vintage home sits elevated facing the Indian River with new lighting and walkways for relaxing strolls or throwing your pole in for a fresh catch. Start your day on the front porch with your cup of coffee and a majestic sunrise. Step back in time and enjoy the hardwood floors, the stone fireplace (decoration only), the jack and jill bath, main gathering room PLUS a front sitting room. Modern touches with central AC, water heater, stainless steel appliances, tile countertops, backsplash, and washer and dryer hookups inside the home. The main attraction is the LAND! Property runs from Water Dr to Orange Blossom Trail with much of it already cleared.

Unit Size

956 Ft²

Days on Market

168 days

Land Size

1.44 acres

Price per sqft

$501

Property Type

House

Property Taxes

$335

HOA Dues

Year Built

1928

Listed By

Angela Lawless

[email protected]

RE/MAX Elite

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (Space Coast MLS #1058146)

Price History

Date / Event	Date	Event
Aug 20, 2026	Price Decreased	$479,000 ↓ $10K (2%)
Price Decreased
Jul 26, 2026	Relisted	$489,000
Relisted
Apr 17, 2026	In contract	-
In contract
Feb 17, 2026	In contract	-
In contract
Jan 15, 2026	Price Decreased	$489,000 ↓ $9K (1.8%)
Price Decreased
Oct 14, 2025	Price Decreased	$498,000 ↓ $87K (14.9%)
Price Decreased
Sep 26, 2025	Listed by RE/MAX Elite	$585,000
Listed by RE/MAX Elite
Jul 12, 2025	Price Decreased	$599,900 ↓ $59K (9%)
Price Decreased
May 12, 2025	Price Decreased	$659,000 ↓ $20K (3%)
Price Decreased
Mar 25, 2025	Listed	$679,000
Listed

	MOTIVATED SELLER! 1.44 acres with beautiful river views! This rare homesite is finally available for you! Move right in or build your own on this unique property with front and rear access. The vintage home sits elevated facing the Indian River with new lighting and walkways for relaxing strolls or throwing your pole in for a fresh catch. Start your day on the front porch with your cup of coffee and a majestic sunrise. Step back in time and enjoy the hardwood floors, the stone fireplace (decoration only), the jack and jill bath, main gathering room PLUS a front sitting room. Modern touches with central AC, water heater, stainless steel appliances, tile countertops, backsplash, and washer and dryer hookups inside the home. The main attraction is the LAND! Property runs from Water Dr to Orange Blossom Trail with much of it already cleared. Bring back the Old World Charm on this home or build your own dream home with unrivaled views. The choices are endless!
Jan 3, 2003	Sold	Premium
Sold

Property Highlights

Parking Available

Air Conditioning

Parking Details

Parking Features: Covered

Interior Details

Full Bathrooms: 1

Interior Features: Ceiling Fan(s), Walk-In Closet(s), Jack and Jill Bath, Primary Bathroom - Tub with Shower, Primary Downstairs

Appliances: Electric Oven, Electric Water Heater, Refrigerator

Flooring Type: Wood

Laundry Features: Electric Dryer Hookup, In Unit, Washer Hookup

Exterior Details

Square Footage: 956

Square Footage Source: $0

Architectural Style: Ranch

Year Built: 1928

Levels: One

Construction Materials: Frame, Stone, Stucco

Patio and Porch Features: Front Porch

Lot Features: Other

Lot Size Area: 1.44

Lot Size Units: Acres

Lot Size Acres: 1.44

Lot Size Square Feet: 62726

Water Source: Public

Financial Details

Tax Annual Amount: $4,025

Utilities Details

Cooling Type: Central Air, Electric

Heating Type: Central, Electric

Sewer : Public Sewer

Building Info

Overview

General

Year Built: 1928

Effective Year Built: 1980
Building Count: 1
Bedroom Count: 2
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Bathroom Plumbing Fixtures: 6
Building Condition: 0
Building Quality: 13
Construction Type: 6
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 0
Roof Shape Type: 6
Roof Cover Type: 2
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 3
Garage Square Area: 192
Parking Space Count: 0
Patio Type: 92
Porch Type: 35
Pool Type: 0
Location Influence Type: 179

Dimensions

Lot Size Square Feet: 62,726

Total Building Area: 1,364
Gross Building Area: 1,364
Building Area: 956
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 5
Heating: 7
Heated Square Feet: 956
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: TILLMAN, PLAT OF
Land Acres: 0000001440
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: TILLMAN, PLAT OF LOT 3 BLK 1

Neighborhood

School District Name: Brevard County School District

Census Tract: 065123

Zoning

Zoning: BMU

Geography

Assessors Map Reference: 358

Account Number: 2832550
Parcel: 28-37-24-25-00001.0-0003.00
Block: 1
Lot: 3
Meridian: SEC 24 TWN 28S RNG 37E
Municipality: PALM BAY
Latitude: 28.0384
Longitude: -80.5834

Address

Full Address: 1632 Water Dr Ne

Address - House Number: 1632
Street Segment Direction: NE
Address - Street Name: Water
Address - Suffix Type: Dr
State: FL
City Name: Palm Bay
Carrier Code: C005
4-Digit Zip Code: 3669
Zip Code: 32905

Valuation

Tax

Total Area: 1,114

Tax Year: 2022
Tax Amount: $405,941
Tax Rate Code Area: 34U0

Appraisal Valuation

Standard Deviation: 0.1854

Valuation Date: Jan 03, 2024
Confidence Score: 75
Final Value: 312,274
High Value: 370,193
Low Value: 254,355

Market Valuation

Market Total Value: $217,620

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $217,620

Sales

Current Sale Contract Date: Dec 23, 2002

Current Sale Recording Date: Jan 03, 2003
Current Sale Price:

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Current Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium

Financing

First Mortgage Financing Type: VAR

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Tillman

Stats & Trends

Median Asking:

$204,900

Sale Price/ft²

$190

Below Asking

0.03%

Average Days on Market

Average Home Size

1180 ft²

Average Home Age

63.5 years

Currently For Sale

4 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

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Listed by: Angela Lawless, RE/MAX Elite
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 1058146

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.