$450,000
●
Condo -
Off Market
4975 Dixie Highway NE #203
Palm Bay, FL 32905
3 Beds
2 Baths
1,849 Ft²
$490,979
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
With The Most Diverse Estuary In North America As Your Backyard And
An Enviable Position Within The Luxurious Venetian Bay
Condominiums, This Is Your Chance To Have It All. Spend Your Days
Exploring The Pristine Indian River Lagoon Or Lounging Poolside As
You Soak Up The Sunshine, Before Returning To The Elegance Of This
Light-Filled Abode.
The Layout Has Been Expertly Designed To Make The Most Of The NE Aspect That Promises Spectacular Views Over The Lagoon. You Can Sit Back With A Drink In Hand In The Open-Plan Living Room Or Gather With Friends For Alfresco Dining On The Balcony As You Take In The Next Rocket Or Satellite Launch.For Those Who Love To Cook, The Budding Chef Is Treated To A Suite Of Stainless Steel Appliances w/ Stylish Cabinetry And Granite Counters. After A Day Of Fun In The Sun, You Can Retreat To Any Of The Three Bedrooms Including A Grand Owner's Suite With A Walk-in Closet, A Luxe Ensuite Bath w/ A Soaking Tub And Twin Sinks As Well As Direct Access To The Balcony w/ Water Views. All Of This And You're Also Treated To An Incredible Location That Places You An Hour From The Orlando Airport, Disney World And Universal While The Pristine Sands Of The Beach Are Only 10 Minutes Away!
The Layout Has Been Expertly Designed To Make The Most Of The NE Aspect That Promises Spectacular Views Over The Lagoon. You Can Sit Back With A Drink In Hand In The Open-Plan Living Room Or Gather With Friends For Alfresco Dining On The Balcony As You Take In The Next Rocket Or Satellite Launch.For Those Who Love To Cook, The Budding Chef Is Treated To A Suite Of Stainless Steel Appliances w/ Stylish Cabinetry And Granite Counters. After A Day Of Fun In The Sun, You Can Retreat To Any Of The Three Bedrooms Including A Grand Owner's Suite With A Walk-in Closet, A Luxe Ensuite Bath w/ A Soaking Tub And Twin Sinks As Well As Direct Access To The Balcony w/ Water Views. All Of This And You're Also Treated To An Incredible Location That Places You An Hour From The Orlando Airport, Disney World And Universal While The Pristine Sands Of The Beach Are Only 10 Minutes Away!
Unit Size
1,849 Ft²
Days on Market
66 days
Land Size
0.04 acres
Price per sqft
$260
Property Type
Condo
Property Taxes
$381
HOA Dues
$544
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (Space Coast MLS #933684)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 7, 2022 | Sold | ||
| Sold | |||
| Apr 30, 2022 | Listed by RE/MAX Elite | $479,900 | |
| Listed by RE/MAX Elite | |||
| Aug 4, 2021 | Sold | ||
| Sold | |||
| Jun 6, 2021 | Listed by Florida Man Realty | $358,500 | |
| Listed by Florida Man Realty | |||
   | |||
|
Nestled in front of the Indian River Lagoon (the most diverse estuary in North America) sits the exquisite Venetian Bay Condominiums. What is absolutely spectacular about this specific unit is the exquisite breath-taking view of the Lagoon! This porch is perfectly pointed towards the NE vantage point making it an excellent vantage point to watch every rocket and satellite and whatever else is going up in the years to come. The square footage is excellent and spacious enough to call this home for a family or to have visiting friends and family who want to catch a glimpse of a rocket. It is also the closest distance to the elevator for all units on the 2nd floor. It is a 1 hour to Orlando airport, Disney and more! You have to come see this property and why we call Florida home.
| |||
| Nov 4, 2011 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Parking Available
Elevator
Air Conditioning
With View
Parking Details
Has Garage
Parking Features: Assigned, Covered, Garage Door Opener
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Ceiling Fan(s), Elevator, Open Floorplan, Pantry, Walk-In Closet(s), Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms
Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Flooring Type: Laminate, Tile
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Exterior Details
Has Property Attached
Square Footage: 1849
Security Features: Fire Sprinkler System, Security Gate, Smoke Detector(s), Secured Elevator, Secured Lobby
Year Built: 2004
Waterfront Features: River Front
Waterbody Name: Indian River
Building Area Total: 2049
Levels: Multi/Split
Construction Materials: Block, Concrete, Stucco
Pool Features: In Ground
Lot Size Area: 0.04
Lot Size Units: Acres
Lot Size Acres: 0.04
Lot Size Square Feet: 1742
Water Source: Public
Financial Details
Tax Annual Amount: $4,573
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Insurance, Internet, Pest Control, Security, Sewer, Trash, Water
HOA/Condo/Coop Amenities: Boat Dock, Clubhouse, Maintenance Grounds, Maintenance Structure, Pool, Management - Full Time
HOA Fee: $544
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/15/2025
|
3 Bed
|
3 Bath
|
2159 ft²
|
$485,000
3 Bed
3 Bath
2159 ft²
|
$450,000
-7.22%
04/08/2026
|
June Mogavero
RE/MAX Solutions
| |
|
02/01/2025
|
3 Bed
|
2 Bath
|
1849 ft²
|
$439,000
3 Bed
2 Bath
1849 ft²
|
$380,000
-13.44%
05/29/2025
|
Pamela Ratfield
Ratfield Real Estate
| |
|
01/31/2025
|
3 Bed
|
3 Bath
|
2159 ft²
|
$479,900
3 Bed
3 Bath
2159 ft²
|
$450,000
-6.23%
05/01/2025
|
Misty M Morrison
Misty Morrison Real Estate
| |
|
11/01/2024
|
3 Bed
|
3 Bath
|
2418 ft²
|
$559,000
3 Bed
3 Bath
2418 ft²
|
$445,000
-20.39%
02/02/2026
|
Christine Brown
Coville & Company
| |
|
04/07/2024
|
3 Bed
|
3 Bath
|
2418 ft²
|
$680,000
3 Bed
3 Bath
2418 ft²
|
$535,000
-21.32%
07/02/2025
|
Donna Gianotti-Kelley
Space Coast Realty & Inv. LLC
| |
|
03/15/2024
|
3 Bed
|
4 Bath
|
-
|
$890,000
3 Bed
4 Bath
|
$875,000
-1.69%
05/01/2024
|
DeWayne Carpenter
Dale Sorensen Real Estate Inc.
| |
|
12/01/2023
|
3 Bed
|
3 Bath
|
2418 ft²
|
$579,900
3 Bed
3 Bath
2418 ft²
|
-
-
|
Christine Brown
Coville & Company
| |
|
02/14/2023
|
3 Bed
|
3 Bath
|
-
|
$499,900
3 Bed
3 Bath
|
$500,000
+0.02%
05/10/2023
|
Brenda Muh
Space Coast Realty Corp.
| |
|
10/01/2022
|
3 Bed
|
2 Bath
|
-
|
$440,000
3 Bed
2 Bath
|
$440,000
11/09/2022
|
D. Gale Coldwell
Coldwell Banker Realty
| |
|
04/30/2022
|
3 Bed
|
2 Bath
|
1849 ft²
|
$479,900
3 Bed
2 Bath
1849 ft²
|
$450,000
-6.23%
07/07/2022
|
Kristin Lindbaek
RE/MAX Elite
| |
|
08/20/2021
|
3 Bed
|
3 Bath
|
2159 ft²
|
$464,900
3 Bed
3 Bath
2159 ft²
|
$450,000
-3.20%
10/19/2021
|
Paul Ryan Rufo
Spectrum, Inc.
| |
|
06/06/2021
|
3 Bed
|
2 Bath
|
1849 ft²
|
$358,500
3 Bed
2 Bath
1849 ft²
|
$356,900
-0.45%
08/04/2021
|
Zachary Davis
Florida Man Realty
| |
|
07/15/2020
|
3 Bed
|
3 Bath
|
2159 ft²
|
$385,000
3 Bed
3 Bath
2159 ft²
|
-
-
|
-
| |
|
12/08/2020
|
3 Bed
|
4 Bath
|
-
|
$725,000
3 Bed
4 Bath
|
$650,000
-10.34%
01/20/2021
|
DeWayne Carpenter
Dale Sorensen Real Estate Inc.
| |
|
03/17/2020
|
3 Bed
|
3 Bath
|
-
|
$375,000
3 Bed
3 Bath
|
$375,000
08/07/2020
|
DeWayne Carpenter
Dale Sorensen Real Estate Inc.
| |
|
03/12/2020
|
3 Bed
|
4 Bath
|
3686 ft²
|
$710,000
3 Bed
4 Bath
3686 ft²
|
-
-
|
-
| |
|
07/26/2019
|
3 Bed
|
3 Bath
|
2418 ft²
|
$430,000
3 Bed
3 Bath
2418 ft²
|
-
-
|
-
| |
|
10/07/2019
|
3 Bed
|
3 Bath
|
2418 ft²
|
$399,900
3 Bed
3 Bath
2418 ft²
|
-
-
|
-
| |
|
12/07/2018
|
3 Bed
|
3 Bath
|
-
|
$350,000
3 Bed
3 Bath
|
$340,000
-2.86%
03/26/2019
|
Silvia Mozer
RE/MAX Elite
| |
|
07/03/2018
|
3 Bed
|
2 Bath
|
-
|
$305,000
3 Bed
2 Bath
|
$300,000
-1.64%
02/27/2019
|
Nancy Janette Taylor
The Keyes Company - Stuart
| |
|
01/05/2018
|
3 Bed
|
3 Bath
|
-
|
$450,000
3 Bed
3 Bath
|
$430,000
-4.44%
02/21/2018
|
Andy Waterman
Waterman Real Estate, Inc.
| |
|
07/29/2017
| |
3 Bed
|
2 Bath
|
1849 ft²
|
-
3 Bed
2 Bath
1849 ft²
|
-
-
|
-
|
|
05/23/2016
|
3 Bed
|
2 Bath
|
-
|
$279,900
3 Bed
2 Bath
|
$270,000
-3.54%
09/16/2016
|
Michael Hughes
Keller Williams Space Coast
| |
|
03/26/2016
|
3 Bed
|
3 Bath
|
-
|
$323,900
3 Bed
3 Bath
|
$323,900
06/30/2016
|
Tracey Callinan
One Sotheby's International
| |
|
06/11/2014
|
3 Bed
|
3 Bath
|
-
|
$315,000
3 Bed
3 Bath
|
$311,500
-1.11%
07/09/2015
|
Tim Gifford
RE/MAX Alternative Realty
| |
|
03/07/2014
|
3 Bed
|
3 Bath
|
-
|
$297,500
3 Bed
3 Bath
|
$281,000
-5.55%
05/22/2014
|
Sandy Rickabaugh
National Realty of Brevard
| |
|
08/11/2013
|
3 Bed
|
3 Bath
|
-
|
$270,000
3 Bed
3 Bath
|
$270,000
10/11/2013
|
Marcie Bolt
Engel & Volkers Melbourne Central
| |
|
07/19/2012
|
3 Bed
|
3 Bath
|
-
|
$249,000
3 Bed
3 Bath
|
$226,000
-9.24%
08/22/2012
|
Carmela Jones
BHHS Florida Realty
| |
|
05/26/2012
|
3 Bed
|
3 Bath
|
-
|
$220,000
3 Bed
3 Bath
|
$220,000
06/15/2012
|
Paula Veibl
South Brevard Real Estate Inc
| |
|
03/03/2011
|
3 Bed
|
3 Bath
|
-
|
$189,900
3 Bed
3 Bath
|
$175,000
-7.85%
07/09/2012
|
Cynthia Silver
Waterman Real Estate Inc.
| |
|
01/11/2011
|
3 Bed
|
2 Bath
|
-
|
$184,900
3 Bed
2 Bath
|
$180,000
-2.65%
01/31/2012
|
Vicki Bristol
HomeLife Coastal, LLC
|
Building Info
4975 Dixie Highway Northeast
4975 Dixie Highway Northeast, Palm Bay, FL 32905
- 1 Unit for Sale
About Palm Bay
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Listed by: Kristin W Lindbaek, RE/MAX Elite
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 933684
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.
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 933684
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