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Sold for $350,000
  • $350,000

    5055 Dixie Hwy NE APT B401, Palm Bay, FL 32905

    2beds
    1,580sqft
    Condominium
    Built in 1988
    -- sqft lot
    $336,300 Zestimate®
    $222/sqft
    $2,236 Estimated rent

    Home value

    $336,300

    $303,000 - $373,000

    $2,236/mo

    Zestimate® history
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    What's special

    Discover the ultimate RIVERFRONT lifestyle in this stunning corner unit 2-bedroom, 2-bath condo at Rhum Cove, Palm Bay! Featuring a PRIVATE MARINA with deeded boat slips and direct river access, this residence is a BOATER'S DREAM! From the moment you step inside, you're greeted by breathtaking panoramic river views, with glass sliders leading to a wraparound balcony perfect for soaking in the unobstructed water views. This unit stands out with the unique feature of no shared walls, providing unmatched privacy & tranquility. With sleek tile flooring throughout, this condo offers every luxury, including access to a clubhouse, sparkling pool, fitness center, tennis courts, pickleball, & an elevator for easy access. Just minutes from the BEACHES, you can have it all—relax by the river and explore nearby Palm Bay attractions like Turkey Creek Sanctuary and waterfront dining. This is truly LUXURY RIVERFRONT LIVING at its finest, combining relaxation and excitement in one perfect package!

    Zillow last checked:

    Listing updated:

    Listed by:

    Terry Henderson 321-266-0858,

    Compass Florida, LLC

    Bought with:

    Terry Henderson, 3351949

    Compass Florida, LLC

    Source: Space Coast AOR,MLS#: 1025222

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Disposal, Electric Range, Microwave, Refrigerator, Washer/Dryer Stacked
    • Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
    Features
    • Ceiling Fan(s), Open Floorplan, Primary Bathroom - Shower No Tub, Wet Bar
    • Flooring: Tile
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,580 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Attached, Garage, Parking Lot
    • Attached garage spaces: 1
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Balcony, Boat Slip, Storm Shutters
    • Pool features: Fenced, Heated, In Ground
    • Has spa: Yes
    • Spa features: Community, Heated, In Ground
    • Has view: Yes
    • View description: River, Water, Intracoastal
    • Has water view: Yes
    • Water view: River,Water,Intracoastal
    • Waterfront features: Navigable Water, River Access, River Front, Intracoastal
    • Body of water: Indian River
    Lot
    • Size: 4,791 Square Feet
    • Features: Many Trees
    Details
    • Additional parcels included: 2850857
    • Parcel number: 2838300000536.60000.00
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Concrete
    Condition
    • New construction: No
    • Year built: 1988

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Closed Circuit Camera(s), Security Gate
    • Subdivision: Rhum Cove
    HOA
    • Has HOA: Yes
    • Amenities included: Barbecue, Boat Dock, Boat Slip, Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance Grounds, Management - Full Time, Marina, Pickleball, Pool, Sauna, Security, Spa/Hot Tub, Tennis Court(s), Trash, Water
    • Services included: Cable TV, Internet, Maintenance Grounds, Security, Trash, Water
    • HOA fee: $715 monthly
    • HOA name: Rhum Cove Condo Association
    Location
    • Region: Palm Bay

    Financial & listing details

    • Price per square foot: $222/sqft
    • Tax assessed value: $314,560
    • Annual tax amount: $5,635
    • Date on market: 9/20/2024
    • Listing terms: Cash,Conventional,VA Loan

    Price history

    DateEventPrice
    1/7/2025Sold$350,000-6.7%$222/sqft
    Source: Space Coast AOR #1025222 Report a problem
    12/18/2024Pending sale$375,000$237/sqft
    Source: Space Coast AOR #1025222 Report a problem
    9/20/2024Listed for sale$375,000+170.6%$237/sqft
    Source: Space Coast AOR #1025222 Report a problem
    8/1/1991Sold$138,600$88/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,738 -0.8%$314,560
    2024$5,787 +2.7%$314,560 +2.4%
    2023$5,636 +9.9%$307,140 +12.8%
    2022$5,128 +2.9%$272,250 +9.7%
    2021$4,984 +0.3%$248,220
    2020$4,967 +1.8%$248,220 +5.8%
    2019$4,878 $234,710 +4%
    2018$4,878 +7.4%$225,750 +14.5%
    2017$4,541 +8.4%$197,240
    2016$4,188 +2%$197,240 +18.4%
    2015$4,106 +18.1%$166,600 +10%
    2014$3,476 $151,460 -5%
    2013-- $159,430
    2012$3,658 -20.1%--
    2011$4,576 +9.9%--
    2010$4,164 -14.6%--
    2009$4,875 -14.1%--
    2008$5,674 -6.5%--
    2007$6,067 +47.9%--
    2005$4,103 -2.3%--
    2004$4,198 +71.6%--
    2003$2,446 +2.5%--
    2002$2,386 +2.6%--
    2001$2,326 +4.6%--
    2000$2,224 --
    Find assessor info on the county website

    Neighborhood: 32905

    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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    Estimated market value
    $336,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $336,300