For sale

Price cut: $24.9K (6/5)

$375,000

5055 Dixie Hwy NE APT B103, Palm Bay, FL 32905

2beds

1,580sqft

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Condominium

Built in 1988

-- sqft lot

$364,100 Zestimate^®

$237/sqft

$900/mo HOA

What's special

Gated entryWaterfront poolEnclosed officeTennis or pickleball courtsIn unit laundryDeeded boat slipHuge wrap around balcony

This Riverfront condo comes complete with its own deeded boat slip, 1 car garage, in unit laundry, huge wrap around balcony. This 2 bedroom unit also has an enclosed office and is larger than the 3 bedroom units. Perfect for entertaining, the kitchen is the hub of this unit with views overlooking the Indian River. There is also a built in bar adjacent to the kitchen. Primary bath has recently been updated. Rhum Cove offers an amazing lifestyle. This complex offers a waterfront pool, tennis or pickleball courts, dock, clubhouse, fitness center, sauna and gated entry. A/C is from 2021

77 days

191

6

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer Stacked
Laundry: In Unit

Features

Breakfast Bar, Built-in Features, His and Hers Closets, Jack and Jill Bath, Primary Bathroom - Shower No Tub
Flooring: Laminate, Tile
Has fireplace: No

Interior area

Total interior livable area: 1,580 sqft

Property

Parking

Total spaces: 1
Parking features: Additional Parking, Assigned, Garage
Garage spaces: 1

Features

Levels: One
Stories: 1
Exterior features: Balcony, Dock, Boat Lift
Has spa: Yes
Spa features: Community, Heated
Has view: Yes
View description: Pool, River, Other
Has water view: Yes
Water view: River
Waterfront features: Navigable Water, River Access, River Front, Intracoastal
Body of water: Indian River

Lot

Size: 4,791 Square Feet
Features: Many Trees, Other

Details

Additional parcels included: 2850841
Parcel number: 2838300000535.00000.00
Special conditions: Standard

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Block, Stucco
Roof: Membrane

Condition

Updated/Remodeled
New construction: No
Year built: 1988

Utilities & green energy

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

Community & HOA

Community

Security: Security Gate
Subdivision: Rhum Cove

HOA

Has HOA: Yes
Amenities included: Boat Dock, Boat Slip, Cable TV, Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance Grounds, Marina, Pickleball, Pool, Sauna, Spa/Hot Tub, Storage, Tennis Court(s), Trash, Water, Management - On Site
Services included: Cable TV, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Trash, Water, Other
HOA fee: $900 monthly
HOA name: Rhum Cove
HOA phone: 321-345-3110

Location

Region: Palm Bay

Financial & listing details

Price per square foot: $237/sqft
Tax assessed value: $284,560
Annual tax amount: $5,195
Date on market: 4/30/2026
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Paved

Estimated market value

$364,100

$346,000 - $382,000

$2,207/mo

Price history

Date	Event	Price
6/5/2026	Price change	$375,000-6.2%$237/sqft
Source: Space Coast AOR #1076063 Report a problem
4/30/2026	Listed for sale	$399,900+60%$253/sqft
Source: Space Coast AOR #1076063 Report a problem
3/6/2018	Sold	$249,900+92.2%$158/sqft
Source: Public Record Report a problem
5/3/2000	Sold	$130,000+13%$82/sqft
Source: Public Record Report a problem
10/4/1996	Sold	$115,000-1.7%$73/sqft
Source: Public Record Report a problem
3/14/1994	Sold	$117,000$74/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,196 -0.8%	$284,560
2024	$5,240 +3.9%	$284,560 +2.7%
2023	$5,045 +10.4%	$277,140 +14.4%
2022	$4,568 +2.5%	$242,250 +9.3%
2021	$4,455 +0.3%	$221,670
2020	$4,441 +1.8%	$221,670 +5.8%
2019	$4,360	$209,600 +4%
2018	$4,360 +4.5%	$201,610 +44.7%
2017	$4,171 +9657.8%	$139,290 +2.1%
2016	$43	$136,430 +0.7%
2015	$43	$135,490 +0.8%
2014	$43	$134,420 -5%
2013	--	$141,490
2012	--	--
2011	$2,164 +13.9%	--
2010	$1,900 +10.4%	--
2009	$1,721 +6.7%	--
2008	$1,613 -7.8%	--
2007	$1,749 -3.2%	--
2005	$1,807 -5.2%	--
2004	$1,907 -2.8%	--
2003	$1,962 -2.5%	--
2002	$2,013 +2.7%	--
2001	$1,961 +7%	--
2000	$1,833	--

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: 32905

Getting around

13 / 100

Car-Dependent

51 / 100

Bikeable

Nearby schools

GreatSchools rating

7/10
Palm Bay Elementary School
Grades: PK-6Distance: 1.7 mi
3/10
Stone Magnet Middle School
Grades: 7-8Distance: 4 mi
2/10
Palm Bay Magnet Senior High School
Grades: PK,8-12Distance: 4 mi

Schools provided by the listing agent

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.