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$199,000
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Property Description
Located in the private, gated community of Stillwater Lakes, this 1.23 acre waterfront lot offers a rare opportunity to build your dream home in a private enclave designed for water sports enthusiasts. With 125 feet of pristine lake frontage, this property provides breathtaking sunrise views and direct access to two private, man-made ski lakes custom-built for competitive water skiing. The community, consisting of only 18 estate-sized lots, ensures a tranquil and private setting while offering world-class skiing conditions year-round. Stillwater Lakes is renowned for hosting sanctioned three-event water ski tournaments and features exceptional amenities, including two slalom courses, two jump ramps, two docks, two pavilions, a boat ramp, and a designated storage area for boats and trailers. The lot has been cleared, and is ready for construction with city water and sewer available for hookup. Ideally situated just 30 min to the beach and a 15 min short drive to I-95, this exceptional property provides the perfect balance of privacy, convenience, and premier access to one of the finest water ski communities in the world.
Full Property Details
Full Property Details for 2565 Stillwater Lakes Dr SW
General
- Price: $199,000
- HOA FEE: $403/month
- HOA FEE FREQ.: Annually
- Taxes: $2,585 (2024)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: O6284423
- Updated: 1/6/2026
- Added to Site: 327 day(s) ago
Additional Information
- Shared Amenities: Gated
- Security/Safety: Gated Community
Location
- Area: 32908 - Palm Bay/Melbourne
- County: Brevard
- Development Name: 32908 - Palm Bay/Melbourne
- Subdivision: STILLWATER LAKES
- Driving Directions: Driving from I-95, take exit to drive on Malabar Rd SE. Drive west on Jupiter Blvd. Turn south on DeGroot Road to Stillwater Lakes Drive. Enter the community gate, the property will be on your left.
- Direction Faces: West
Community
- Community Name: 32908 - Palm Bay/Melbourne
- Community Features: Community Boat Ramp, Lake, Private Boat Ramp, Waterfront, Deed Restrictions
- Optional Amenities: Gated
- Association: Yes
- Assoc. Name: Vesta Property Services/Lori DiMaria
- Assoc. Fees Include: Private Road
- Pet Restrictions: Per HOA + Brevard County Regulations.
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Electricity Available, Sewer Nearby, Underground Utilities, Water Nearby
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Property View: Water
- Lot Size (Acres): 1.23
- Lot Size (Sq. Ft.): 53,579
- Lot Size: 1.23
- Lot Dimensions: 125 x 425
- Frontage: Street Dead-End
- Street/Road Desc.: Asphalt
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Lake
- Water Extras: Yes
- Water Front Desc.: Lake, Waterfront, Lake Front
Financial Considerations
- Price Per Acre: $161,789
- Association Fee: $4,841
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Required
- Tax Amount: $2,585.63
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: STILLWATER LAKES LOT 3
- Flood Zone Info: X
- APN: 29 362501*3
- Property ID: 29 362501*3
- Block/Lot/Section: 71332
Listed by Dailland Real Estate
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Schools
Schools serving 2565 Stillwater Lakes Dr SW
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Westside Elementary School, Palm Bay, FL 2175 Degroodt Road Southwest, Palm Bay, FL 32908 | PK-6 | 0.9 mi |
Southwest Middle School, Palm Bay, FL 451 Eldron Boulevard Southeast, Palm Bay, FL 32909 | 7-8 | 4.2 mi |
Bayside High School 1901 Degroodt Road Southwest, Palm Bay, FL 32908 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2565 Stillwater Lakes Dr SW
Date
Details
Price
Change
Source
2/25/2025
Listed
$199,000
11.8%
MLS
3/01/2022
Sold
$178,000
—
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 2565 Stillwater Lakes Dr SW
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,620
-3%
$145,000
—
2024
$2,693
-1%
$145,000
—
2023
$2,731
36%
$145,000
38%
2022
$2,010
-1%
$105,000
5%
2021
$2,040
13%
$100,000
25%
2018
$1,808
-13%
$80,000
-11%
2017
$2,076
-10%
$90,000
-14%
2016
$2,314
-3%
$105,000
—
2015
$2,378
16%
$105,000
19%
2019
$2,052
-10%
$88,000
-9%
2014
$2,278
4%
$96,800
10%
2013
$2,187
—
$88,000
—
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 2565 Stillwater Lakes Dr SW
2565 Stillwater Lakes Drive SW, Palm Bay, FL 32908 (MLS# O6284423) is a Lots/Land property with a lot size of 1.23 acres. 2565 Stillwater Lakes Drive SW is currently listed for $199,000 and was received on February 25, 2025. Want to learn more about 2565 Stillwater Lakes Drive SW? Do you have questions about finding other Lots/Land 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.

