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Under contract
  • $489,000

    1632 Water Dr NE, Palm Bay, FL 32905

    2beds
    956sqft
    : 
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    Single Family Residence
    Built in 1928
    1.44 Acres Lot
    $-- Zestimate®
    $512/sqft
    $-- HOA

    What's special

    Jack and jill bathMajestic sunriseFront and rear accessFront porchHardwood floorsTile countertopsNew lighting and walkways
    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!
    84 days
    |
    23
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Angela Lawless 321-720-8156,

    RE/MAX Elite

    Source: Space Coast AOR,MLS#: 1058146

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Electric Oven, Electric Water Heater, Refrigerator
      • Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
      Features
      • Ceiling Fan(s), Jack and Jill Bath, Primary Bathroom - Tub with Shower, Primary Downstairs, Walk-In Closet(s)
      • Flooring: Wood
      • Has fireplace: No
      Interior area
      • Total interior livable area: 956 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Covered
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Front Porch
      • Has view: Yes
      • View description: River, Trees/Woods
      • Has water view: Yes
      • Water view: River
      Lot
      • Size: 1.44 Acres
      • Features: Other
      Details
      • Additional structures: Other
      • Additional parcels included: 2832550
      • Parcel number: 2837242500001.00003.00
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Frame, Stone, Stucco
      • Roof: Membrane
      Condition
      • New construction: No
      • Year built: 1928

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Tillman Plat of
      HOA
      • Has HOA: No
      Location
      • Region: Palm Bay

      Financial & listing details

      • Price per square foot: $512/sqft
      • Tax assessed value: $388,200
      • Annual tax amount: $4,025
      • Date on market: 4/17/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/26/2026Listing removed$489,000$512/sqft
        Source: Space Coast AOR #1058146 Report a problem
        2/17/2026Contingent$489,000$512/sqft
        Source: Space Coast AOR #1058146 Report a problem
        1/15/2026Price change$489,000-1.8%$512/sqft
        Source: Space Coast AOR #1058146 Report a problem
        10/13/2025Price change$498,000-14.9%$521/sqft
        Source: Space Coast AOR #1058146 Report a problem
        9/26/2025Listed for sale$585,000-2.5%$612/sqft
        Source: Space Coast AOR #1058146 Report a problem
        9/26/2025Listing removed$599,900$628/sqft
        Source: Space Coast AOR #1041083 Report a problem
        7/12/2025Price change$599,900-9%$628/sqft
        Source: Space Coast AOR #1041083 Report a problem
        5/12/2025Price change$659,000-2.9%$689/sqft
        Source: Space Coast AOR #1041083 Report a problem
        3/25/2025Listed for sale$679,000-11.7%$710/sqft
        Source: Space Coast AOR #1041083 Report a problem
        3/25/2025Listing removed$769,000$804/sqft
        Source: Space Coast AOR #1027643 Report a problem
        1/28/2025Price change$769,000-3.9%$804/sqft
        Source: Space Coast AOR #1027643 Report a problem
        10/22/2024Listed for sale$799,900+699.9%$837/sqft
        Source: Space Coast AOR #1027643 Report a problem
        4/30/2014Listing removed$775$1/sqft
        Source: All Brevard Property Management #693124 Report a problem
        4/18/2014Listed for rent$775$1/sqft
        Source: All Brevard Property Management #693124 Report a problem
        1/3/2003Sold$100,000$105/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,568 +6%$388,200 +3.2%
        2024$5,252 +30.5%$376,340 +75.8%
        2023$4,025 -0.8%$214,110 -1.6%
        2022$4,059 +3.9%$217,620 +12.5%
        2021$3,906 +2.5%$193,370 +2.2%
        2020$3,813 -6.9%$189,290 -0.9%
        2019$4,097 $191,080 -1.4%
        2018$4,097 +3.2%$193,730 +12.4%
        2017$3,970 +7%$172,430 +1.1%
        2016$3,709 +7.3%$170,580 +24.5%
        2015$3,456 +10.5%$137,010 +1.1%
        2014$3,129 $135,530 +0.7%
        2013-- $134,600 +0.4%
        2012$3,230 -2%$134,070 -2%
        2011$3,297 -10.4%$136,750 -19.9%
        2010$3,680 -11.5%$170,820 -17.1%
        2009$4,159 -8.1%$206,150 -14.6%
        2008$4,528 -2.4%$241,300 -6.3%
        2007$4,641 +153.5%$257,400 +181.8%
        2005$1,831 +5.2%$91,340 +15.5%
        2004$1,740 -12.8%$79,060 -7.9%
        2003$1,994 +117.1%$85,880 +118.1%
        2002$918 +38.2%$39,380 +34.7%
        2000$665 $29,240

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32905

        Getting around

        35 / 100
        Car-Dependent
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Palm Bay Elem
        • Middle: Stone
        • High: Palm Bay

        Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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