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$505,000
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Property Description
New Price Reduction! Coastal living at its best! Awaken each morning to million-dollar riverfront views and spectacular sunrises from your large, wrap-around, private balcony. A wall of glass creates a seamless transition, showcasing amazing Indian River views from the comfort of your living room. Only 15 minutes from the Atlantic beaches, this spacious condo is truly the epitome of easy Florida living! The freshly painted, open floor plan unites the kitchen, dining area and living room, making entertainment a breeze! The kitchen is perfect for the culinary enthusiast, featuring a large island and an abundance of cabinetry & granite counter-top space. There are no compromises in this well-maintained condominium community which features a heated pool, clubhouse and one parking space w/ storage in the ground-floor garage. Additional open parking is available. An evening stroll on the pier may result in a dolphin or Manatee encounter! Get your slice of Florida paradise now!
Full Property Details
Full Property Details for 4955 Dixie Hwy NE #505
General
- Price: $505,000
- HOA FEE: $1,228/month
- Taxes: $6,677 (2024)
- Status: Active
- Type: Condo
- Source: BrevardCounty
- MLS ID: 1055974
- Updated: 1/1/2026
- Added to Site: 140 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Walk-In Closet(s)
- Appliances: Electric Oven, Electric Range, Microwave, Refrigerator
- Furnishings: Unfurnished
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
Additional Information
- Shared Amenities: Elevator(s), Gated, Maintenance Grounds, Pool, Water, Management - On Site
- Security/Safety: 24 Hour Security, Fire Alarm, Security Gate, Smoke Detector(s), Entry Phone/Intercom, Secured Elevator, Secured Lobby
Exterior
- Exterior Features: Balcony, Storm Shutters
- Porch/Patio/Deck: Covered, Terrace, Wrap Around
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Additional Parking, Covered, Garage, Garage Door Opener, Gated, Parking Lot, Secured, Unassigned, Underground
Location
- Area: 340 - NE Palm Bay
- County: Brevard
- Subdivision: Venetian Bay Condo Ph I
- Driving Directions: I-95 Exit 173 (Malabar Rd.) EAST on Malabar Road to NORTH on US 1. Pass the Yellow Dog Cafe, then make a RIGHT onto Gran Ave. Make an immediate LEFT into the entrance of Venetian Bay. The unit is in the 2nd building, which is NORTH of the clubhouse.
- Direction Faces: North
School Information
- Elementary School: Palm Bay Elem
- Middle School: Stone
- High School: Palm Bay
Community
- Community Features: Elevator(s), Gated, Maintenance Grounds, Pool, Water, Management - On Site
- Association: Yes
- Assoc. Name: Venetian Bay Condominium Association, Inc.
- Assoc. Fees Include: Cable TV, Internet, Maintenance Grounds, Sewer, Trash, Water
- Pets Allowed: Yes
- Pet Restrictions: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Available, Sewer Connected, Water Available, Other
Structural Information
- Exterior Const.: Block, Stucco
- Roof: Tile, Other
- Stories/Levels: 1
- Square Feet: 2,418
- Living Area: 2,418 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 2004
Lot Features
- Property View: River
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,356
- Frontage: Highway
- Street/Road Desc.: Paved
- Lot Features: Other
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Indian River
Financial Considerations
- Price Per Sq. Ft.: $208.85
- Association Fee: Yes
- Association Fee: $1,228
- Assoc Fee Freq.: Monthly
- Tax Amount: $6,677.59
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 28-38-30-00-00508.T-0000.00
Listed by Cheryl Smith Realty, Inc
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Schools
Schools serving 4955 Dixie Hwy NE #505
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Palm Bay Elementary School 1200 Alamanda Rd Ne, Palm Bay, FL 32905 | PK-6 | 1.5 mi |
Palm Bay Magnet Senior High School 101 Pirate Lane, Melbourne, FL 32901 | 9-12 | 3.6 mi |
Stone Magnet Middle School 1101 East University Boulevard, Melbourne, FL 32901 | 7-8 | 3.7 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 4955 Dixie Hwy NE #505
Date
Details
Price
Change
Source
1/01/2026
Price Reduced
$505,000
-11.4%
MLS
8/31/2025
Listed
$570,000
—
MLS
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 4955 Dixie Hwy NE #505
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,559
-2%
$404,770
—
2024
$6,678
-3%
$404,770
-2%
2023
$6,890
72%
$411,310
70%
2021
$4,006
-50%
$242,230
-43%
2022
$7,940
98%
$422,900
77%
2021
$4,006
4%
$238,890
4%
2018
$3,859
—
$229,170
2%
2017
$3,863
-3%
$224,460
-4%
2019
$3,965
2%
$233,520
6%
2016
$3,881
-2%
$219,850
1%
2015
$3,965
-1%
$218,330
1%
2014
$4,002
—
$216,600
1%
2013
$4,009
—
$213,400
—
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 4955 Dixie Hwy NE #505
4955 Dixie Highway NE #505, Palm Bay, FL 32905 (MLS# 1055974) is a Condo property with 3 bedrooms and 3 full bathrooms. 4955 Dixie Highway NE #505 is currently listed for $505,000 and was received on August 31, 2025. Want to learn more about 4955 Dixie Highway NE #505? Do you have questions about finding other Condo 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.

