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For sale by owner
  • Price cut: $2.4K (6/28)
    $77,500

    3131 Indian River Dr NE, Palm Bay, FL 32905

    2beds
    675sqft
    : 
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    SingleFamily
    Built in 1973
    9,147 Square Feet Lot
    $-- Zestimate®
    $115/sqft
    $200/mo HOA

    What's special

    Boat dockClub houseHuge shedSpacious open floor planUpdated kitchenBoat and rv storage
    Whether you are looking to settle into the Florida Lifestyle year-round or just a snowbird retreat this is it! Palm Bay Estates is a waterfront hidden gem for boaters without a hefty price tag for living on the Space Coast. This 55+ community is situated on Turkey Creek with direct access to the Indian River. This 2-bedroom, 1.5 bathroom features an updated kitchen and spacious open floor plan. The large Florida room offers additional space that you can enjoy all year long! Having a carport and huge shed are a bonus. Community amenities include a heated pool, club house, boat dock, pier, waterfront pavilion with grilling/picnic area. Also features boat and RV storage on a first come basis. Low monthly fee of just $200 includes premium cable, Wi-Fi and lawn care. Must apply/be approved by onsite. Background check fees are $75 per person (US Citizens), $125 for Canadian, and $200 for International. LOW monthly fee of $200 and includes lawn care, premium cable and Wifi
    169 days
    |
    1,190
    |
    53
    |
    Listed by:

    Property Owner (321) 271-9547

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Cooling
      • Central
      Appliances
      • Included: Dryer, Range / Oven, Refrigerator, Washer
      Features
      • Living/Dining Combo, Window Treatments, Ceiling Fan(s), Kitchen - Eat In
      • Flooring: Laminate
      • Furnished: Yes
      Interior area
      • Total interior livable area: 675 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Carport
      Features
      • Exterior features: Vinyl
      Lot
      • Size: 9,147 Square Feet
      Details
      • Parcel number: 28372478118

      Construction

      Type & style
      • Home type: SingleFamily
      Materials
      • Wood
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1973

      Community & HOA

      Community
      • Features: Fifty Five Plus Active Community
      • Senior community: Yes
      HOA
      • Has HOA: Yes
      • HOA fee: $200 monthly
      Location
      • Region: Palm Bay

      Financial & listing details

      • Price per square foot: $115/sqft
      • Tax assessed value: $61,200
      • Annual tax amount: $1,178
      • Date on market: 2/3/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,793/mo

        Price history

        DateEventPrice
        6/28/2026Price change$77,500-3%$115/sqft
        Source: Owner Report a problem
        5/30/2026Price change$79,900-3.2%$118/sqft
        Source: Owner Report a problem
        5/20/2026Price change$82,500-2.9%$122/sqft
        Source: Owner Report a problem
        5/5/2026Price change$85,000-5.6%$126/sqft
        Source: Owner Report a problem
        4/28/2026Price change$90,000-8.6%$133/sqft
        Source: Owner Report a problem
        2/3/2026Listed for sale$98,500-10.4%$146/sqft
        Source: Owner Report a problem
        5/6/2025Listing removed--
        Source: Owner Report a problem
        2/5/2025Listed for sale$109,900+119.8%$163/sqft
        Source: Owner Report a problem
        5/28/2021Sold$50,000-11.5%$74/sqft
        Source: Space Coast AOR #892910 Report a problem
        12/24/2020Contingent$56,500$84/sqft
        Source: Space Coast AOR #892910 Report a problem
        12/24/2020Listed for sale$56,500+191.2%$84/sqft
        Source: A & E Realty Brevard #892910 Report a problem
        12/1/1992Sold$19,400$29/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,178 +487.1%$61,200 +82.4%
        2024$201 +9.4%$33,550 +3%
        2023$184 +11.6%$32,580 +3%
        2022$164 -77.8%$31,640 -17.2%
        2021$742 +6.6%$38,200 +1.4%
        2020$696 -3.1%$37,690 +38.9%
        2019$718 $27,140 +1.3%
        2018$718 +0.8%$26,790 +1.3%
        2017$713 -2.5%$26,440 -1.6%
        2016$731 +22.9%$26,870 +23.7%
        2015$595 +10.6%$21,720 +2.4%
        2014$538 $21,210 +2%
        2013-- $20,790 -1%
        2012$506 -2.9%$21,010 -2.9%
        2011$522 -8.1%$21,630 -17.9%
        2010$567 -7.7%$26,340 -13.5%
        2009$615 $30,460 -1.7%
        2008-- $31,000 +2.3%
        2007-- $30,300 +23.2%
        2005-- $24,590 -2.3%
        2004-- $25,160 +7.5%
        2003-- $23,400 +9.8%
        2002-- $21,310 -5.7%
        2001-- $22,610 +1.5%
        2000-- $22,270
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32905

        Getting around

        32 / 100
        Car-Dependent
        55 / 100
        Bikeable

        Nearby schools

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

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

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