The waterfront lifestyle you've been searching for. Rhum Cove is one of Brevard County's hidden Condos--a gated riverfront community where every owner enjoys a private deeded boat slip included with the HOA. Communities offering this combination of a private marina, secure gated entry, and resort-style amenities are few and far between.
Residents enjoy a waterfront pool, pickleball courts, fitness center, sauna, clubhouse, and community dock, creating a relaxed, yacht-club atmosphere without the luxury price tag.
This desirable southwest-corner residence features 3 beds and 2 bathrooms, expansive river views, and spectacular sunsets. Inside you'll find wood-look tile flooring, granite countertops, quad sliding glass doors, in-unit laundry, and a 1-car garage. Recent updates include a 2019 A/C with UV system, 2024 water heater, and roll-down shutters. Even better, all pending assessments have already been paid by the seller, offering added value and peace of mind.
For sale
Price cut: $10K (5/18)
$389,000
5055 Dixie Hwy NE APT B406, Palm Bay, FL 32905
3beds
1,480sqft
Condominium
Built in 1988
-- sqft lot
$378,900 Zestimate®
$263/sqft
$900/mo HOA
What's special
Secure gated entryWaterfront poolRecently renovated bathroomGranite countertopsExpansive river viewsStunning sunsetsIn-unit laundry
- 173 days |
- 142 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Joshua Singer 321-514-7350,
One Sotheby's International
Source: Space Coast AOR,MLS#: 1067381
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
- Laundry: In Unit
Features
- Breakfast Nook, Pantry, Primary Bathroom - Shower No Tub
- Flooring: Carpet, Tile
- Has fireplace: No
Interior area
- Total interior livable area: 1,480 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Additional Parking, Assigned, Garage
- Garage spaces: 1
Features
- Stories: 1
- Exterior features: Balcony, Boat Slip, Dock
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
- Waterfront features: Navigable Water, River Access, River Front
- Body of water: Indian River
Lot
- Size: 4,791 Square Feet
- Features: Many Trees, Other
Details
- Additional parcels included: 2850862
- Parcel number: 2838300000537.10000.00
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block, Stucco
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, Elevator(s), Fitness Center, Gated, Marina, Pool, Sauna, Tennis Court(s)
- Services included: Cable TV, Internet, Pest Control, Sewer, Trash, Water
- HOA fee: $900 monthly
- HOA name: Rhum Cove Condo Association
Location
- Region: Palm Bay
Financial & listing details
- Price per square foot: $263/sqft
- Tax assessed value: $327,480
- Annual tax amount: $3,992
- Date on market: 7/2/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
$378,900
$360,000 - $398,000
$2,113/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Price change | $389,000-2.5%$263/sqft |
Source: Space Coast AOR #1067381 Report a problem | ||
| 1/23/2026 | Listed for sale | $399,000+38.1%$270/sqft |
Source: Space Coast AOR #1067381 Report a problem | ||
| 6/5/2019 | Sold | $289,000$195/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,993 +2.4% | $259,720 +2.9% |
| 2024 | $3,900 +2.2% | $252,410 +3% |
| 2023 | $3,816 +3.4% | $245,060 +3% |
| 2022 | $3,692 -2.6% | $237,930 +3% |
| 2021 | $3,792 +0.3% | $231,000 |
| 2020 | $3,782 -16.7% | $231,000 +5.8% |
| 2019 | $4,542 | $218,430 +4% |
| 2018 | $4,542 +4.5% | $210,090 +79.2% |
| 2017 | $4,345 +169.8% | $117,270 +2.1% |
| 2016 | $1,610 +0.1% | $114,860 +0.7% |
| 2015 | $1,609 -2.3% | $114,070 +0.8% |
| 2014 | $1,647 | $113,170 -23.3% |
| 2013 | -- | $147,470 |
| 2012 | $1,627 +4.9% | -- |
| 2011 | $1,552 +13.9% | -- |
| 2010 | $1,363 +10.5% | -- |
| 2009 | $1,234 +6.4% | -- |
| 2008 | $1,160 -12.7% | -- |
| 2007 | $1,328 -3% | -- |
| 2005 | $1,370 -5.1% | -- |
| 2004 | $1,444 -2.7% | -- |
| 2003 | $1,484 +2.9% | -- |
| 2002 | $1,442 +2.9% | -- |
| 2001 | $1,402 +6.4% | -- |
| 2000 | $1,317 | -- |
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
GreatSchools rating
- 7/10Palm Bay Elementary SchoolGrades: PK-6Distance: 1.7 mi
- 3/10Stone Magnet Middle SchoolGrades: 7-8Distance: 3.9 mi
- 2/10Palm Bay Magnet Senior High SchoolGrades: PK,8-12Distance: 4 mi
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