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$344,900 Just Listed
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Property Description
Discover WATERFRONT living in Cypress Bay Preserve, where a tranquil lake becomes your backyard and every day feels a little like a getaway. Built in 2022 and beautifully maintained, this single-story home pairs fresh, modern design with a standout low HOA of just $255 per quarter. Step inside and let the open-concept layout do the talking. Natural light pours across the kitchen, living, and dining areas, which flow together effortlessly, just as at home hosting a crowd as for a quiet night in. Four generously sized bedrooms and two full baths span 1,918 thoughtfully designed square feet. But the real showstopper is the water. Sip your morning coffee to the glassy calm of the lake and let the shimmering evening light be your reward at day's end. Gated, sidewalk-lined, and complete with a community pool and two-car garage, this home delivers the lakefront lifestyle buyers want. This home also offers unbeatable convenience, just minutes to I-95 and nearby shopping. Appointment required.
Full Property Details
Full Property Details for 1883 Capital Dr SE
General
- Price: $344,900
- HOA FEE: $85/month
- HOA FEE FREQ.: Quarterly
- Taxes: $4,967 (2025)
- Status: Active
- Type: Single Family
- Source: BrevardCounty
- MLS ID: 1082778
- Updated: 7/17/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Shower No Tub, Walk-In Closet(s), Other
- Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Electric Dryer Hookup, Washer Hookup
Additional Information
- Shared Amenities: Gated, Pool, Water
- Security/Safety: Fire Alarm, Security Gate, Other
Exterior
- Exterior Features: Storm Shutters
- Porch/Patio/Deck: Covered, Porch
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Additional Parking, Garage
Location
- Area: 343 - SE Palm Bay
- County: Brevard
- Subdivision: Cypress Bay Preserve Phase 1
- Driving Directions: From I-95, take the St. Johns Heritage Parkway interchange (just north of Micco Rd) and head east on St. Johns Heritage Pkwy to Babcock St. Turn left on Babcock St to the Cypress Bay Preserve gated en
- Direction Faces: Southwest
School Information
- Elementary School: Sunrise
- Middle School: Southwest
- High School: Bayside
Community
- Community Features: Gated, Pool, Water
- Association: Yes
- Assoc. Name: Cypress Bay Preserve Association
- Assoc. Fees Include: Maintenance Grounds, Other
- Pets Allowed: Yes
- Pet Restrictions: Breed Restrictions
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Well, Other
- Well: Yes
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Ranch
- Exterior Const.: Block, Concrete, Stucco
- Roof: Shingle
- Stories/Levels: 1
- Square Feet: 1,918
- Living Area: 1,918 Sq. Ft.
- Current Bldg. Use: Single Family
- Year Built: 2022
Lot Features
- Property View: Lake
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,969.6
- Frontage: Private Road
- Street/Road Desc.: Paved
- Lot Features: Sprinklers In Front, Other
- Fencing (Description): Fenced, Full, Other
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Grand Canal
Green Features
- Energy Efficient: Doors, Windows
Financial Considerations
- Price Per Sq. Ft.: $179.82
- Association Fee: Yes
- Association Fee: $255
- Assoc Fee Freq.: Quarterly
- Tax Amount: $4,967.59
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 30-37-03-50-00000.0-0159.00
Listed by Southern Key Realty
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Schools
Schools serving 1883 Capital Dr SE
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Sunrise Elementary School, Palm Bay, FL 1651 Mara Loma Blvd Se, Palm Bay, FL 32909 | PK-6 | 0.6 mi |
Southwest Middle School, Palm Bay, FL 451 Eldron Boulevard Southeast, Palm Bay, FL 32909 | 7-8 | 6.6 mi |
Bayside High School 1901 Degroodt Road Southwest, Palm Bay, FL 32908 | 9-12 | 4.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1883 Capital Dr SE
Date
Details
Price
Change
Source
7/17/2026
Listed
$344,900
-2.25%
MLS
6/17/2022
Sold
$352,835
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1883 Capital Dr SE
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,895
1%
$312,670
3%
2024
$4,855
2%
$303,860
3%
2023
$4,756
1307%
$295,010
1635%
2021
$338
-64%
$17,000
-66%
2022
$933
—
$50,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1883 Capital Dr SE
1883 Capital Drive SE, Palm Bay, FL 32909 (MLS# 1082778) is a Single Family property with 4 bedrooms and 2 full bathrooms. 1883 Capital Drive SE is currently listed for $344,900 and was received on July 17, 2026. Want to learn more about 1883 Capital Drive SE? Do you have questions about finding other Single Family real estate for sale in Palm Bay? You can browse all Palm Bay real estate or contact a Coldwell Banker agent to request more information.

