For sale

$425,000

1864 Capital Dr SE, Palm Bay, FL 32909

5beds

2,674sqft

$2,811/mo

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Single Family Residence

Built in 2022

6,098 Square Feet Lot

$-- Zestimate^®

$159/sqft

$77/mo HOA

What's special

Generous loftScreened front porchFully fenced backyard

This beautifully designed 5-bedroom, two-story home offers the space and flexibility today's families are looking for. Upstairs, a generous loft can easily serve as a second living area, playroom, media room, home office, or even a 6th bedroom. Start your mornings on the screened front porch and unwind in the evenings on the extended paver patio overlooking tranquil water views. The fully fenced backyard provides plenty of room for kids, pets, gatherings, or simply enjoying the Florida sunshine. Located in a welcoming gated community, you'll have access to a stunning lakefront pool and resort-style amenities while being just minutes from Publix, restaurants, shopping, and everyday conveniences. Plus, with all major systems only 4 years old, you can enjoy the benefits of newer construction with added peace of mind.

22 days

465

46

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Heating

Central, Electric

Cooling

Electric

Appliances

Included: Dryer, Washer
Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Upper Level

Features

Breakfast Bar, Ceiling Fan(s), His and Hers Closets, Kitchen Island, Pantry, Split Bedrooms
Has fireplace: No

Interior area

Total interior livable area: 2,674 sqft

Video & virtual tour

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Property

Parking

Total spaces: 2
Parking features: Attached, Garage
Attached garage spaces: 2

Features

Levels: Two
Stories: 2
Patio & porch: Front Porch, Patio, Rear Porch, Screened
Fencing: Back Yard,Full,Wrought Iron
Has view: Yes
View description: Pond
Has water view: Yes
Water view: Pond
Waterfront features: Pond

Lot

Size: 6,098 Square Feet
Features: Sprinklers In Front, Sprinklers In Rear

Details

Additional parcels included: 3022503
Parcel number: 3037035000000.00135.00
On leased land: Yes
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Block, Concrete, Stucco
Roof: Shingle

Condition

New construction: No
Year built: 2022

Utilities & green energy

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

Community & HOA

Community

Subdivision: Cypress Bay Preserve Phase 1

HOA

Has HOA: Yes
Amenities included: Gated, Park, Playground, Pool
Services included: Maintenance Grounds
HOA fee: $230 quarterly
HOA name: Cypress Bay Preserve

Location

Region: Palm Bay

Financial & listing details

Price per square foot: $159/sqft
Tax assessed value: $365,950
Annual tax amount: $6,684
Date on market: 7/9/2026
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/9/2026	Listed for sale	$425,000+5.3%$159/sqft
Source: Space Coast AOR #1081606 Report a problem
7/26/2022	Sold	$403,640$151/sqft
Source: Space Coast AOR #924402 Report a problem
1/24/2022	Contingent	$403,640$151/sqft
Source: Space Coast AOR #924402 Report a problem
1/18/2022	Price change	$403,640+5.2%$151/sqft
Source: Space Coast AOR #924402 Report a problem
1/13/2022	Listed for sale	$383,640$143/sqft
Source: Space Coast AOR #924402 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,684 -3.6%	$365,950 -8%
2024	$6,931 +11.7%	$397,760 +19.9%
2023	$6,202 +523%	$331,840 +563.7%
2022	$995 +194.2%	$50,000 +194.1%
2021	$338	$17,000

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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: 32909

Getting around

1 / 100

Car-Dependent

29 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

5/10
Sunrise Elementary School
Grades: PK-6Distance: 0.7 mi
3/10
Southwest Middle School
Grades: 7-8Distance: 6.6 mi
3/10
Bayside High School
Grades: 9-12Distance: 4.9 mi

Schools provided by the listing agent

Elementary: Sunrise
Middle: Southwest
High: Bayside

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