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.
For sale
$479,000
1632 Water Dr NE, Palm Bay, FL 32905
2beds
1,028sqft
Single Family Residence
Built in 1928
1.44 Acres Lot
$-- Zestimate®
$466/sqft
$-- HOA
What's special
Jack and jill bathMain gathering roomHardwood floorsFront sitting roomStainless steel appliancesCentral ac
- 11 days
- 258
- 10
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Angela Lawless 321-720-8156,
RE/MAX Elite
Source: Space Coast AOR,MLS#: 1089124
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 structure area: 1,172
- Total interior livable area: 1,028 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Carport, Covered, Shared Driveway
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch, Screened
- Has view: Yes
- View description: River, Trees/Woods
- Has water view: Yes
- Water view: River
Lot
- Size: 1.44 Acres
- Features: Dead End Street, Irregular Lot, Other
Details
- Additional parcels included: 2832550
- Parcel number: 2837242500001.00003.00
- Zoning description: Zoning Exception
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- 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: $466/sqft
- Tax assessed value: $388,200
- Annual tax amount: $5,345
- Date on market: 10/2/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2026 | Listed for sale | $479,000$466/sqft |
Source: Space Coast AOR #1089124 Report a problem | ||
| 10/1/2026 | Listing removed | $479,000$466/sqft |
Source: Space Coast AOR #1058146 Report a problem | ||
| 8/20/2026 | Price change | $479,000-2%$466/sqft |
Source: Space Coast AOR #1058146 Report a problem | ||
| 7/26/2026 | Listed for sale | $489,000$476/sqft |
Source: Space Coast AOR #1058146 Report a problem | ||
| 4/17/2026 | Contingent | $489,000$476/sqft |
Source: Space Coast AOR #1058146 Report a problem | ||
| 3/26/2026 | Listing removed | $489,000$476/sqft |
Source: Space Coast AOR #1058146 Report a problem | ||
| 2/17/2026 | Contingent | $489,000$476/sqft |
Source: Space Coast AOR #1058146 Report a problem | ||
| 1/15/2026 | Price change | $489,000-1.8%$476/sqft |
Source: Space Coast AOR #1058146 Report a problem | ||
| 10/13/2025 | Price change | $498,000-14.9%$484/sqft |
Source: Space Coast AOR #1058146 Report a problem | ||
| 9/26/2025 | Listed for sale | $585,000-2.5%$569/sqft |
Source: Space Coast AOR #1058146 Report a problem | ||
| 9/26/2025 | Listing removed | $599,900$584/sqft |
Source: Space Coast AOR #1041083 Report a problem | ||
| 7/12/2025 | Price change | $599,900-9%$584/sqft |
Source: Space Coast AOR #1041083 Report a problem | ||
| 5/12/2025 | Price change | $659,000-2.9%$641/sqft |
Source: Space Coast AOR #1041083 Report a problem | ||
| 3/25/2025 | Listed for sale | $679,000-11.7%$661/sqft |
Source: Space Coast AOR #1041083 Report a problem | ||
| 3/25/2025 | Listing removed | $769,000$748/sqft |
Source: Space Coast AOR #1027643 Report a problem | ||
| 1/28/2025 | Price change | $769,000-3.9%$748/sqft |
Source: Space Coast AOR #1027643 Report a problem | ||
| 10/22/2024 | Listed for sale | $799,900+699.9%$778/sqft |
Source: Space Coast AOR #1027643 Report a problem | ||
| 4/30/2014 | Listing removed | $775$1/sqft |
Source: All Brevard Property Management #693124 Report a problem | ||
| 4/18/2014 | Listed for rent | $775$1/sqft |
Source: All Brevard Property Management #693124 Report a problem | ||
| 1/3/2003 | Sold | $100,000$97/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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.Climate risks
Neighborhood: 32905
Nearby schools
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.
Similar homes
- $489,9004 bd2 ba1.5k sqft225 Chalet Ave, Indialantic, FL 32903For Sale
MLS ID #1089879, Gina Imbruglio-Villalobos. Space Coast AOR - $425,0003 bd2 ba1.5k sqft276 Roman Ave NE, Palm Bay, FL 32907For Sale
MLS ID #1088017, Mary Ellen Troilo. Space Coast AOR - $530,0003 bd2 ba1.5k sqft3500 Weber Rd, Grant Valkaria, FL 32950For Sale
MLS ID #1087220, Patrick PJ McLoughlin. Space Coast AOR - $519,9003 bd1 ba1.4k sqft2101 Vernon Pl, Melbourne, FL 32901For Sale
MLS ID #1051865, Anthony M Romero. Space Coast AOR
