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$499,900
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Property Description
Imagine exquisite river views while sipping morning coffee watching postcard sunrises from your large wrap-around private balcony. Spacious great room with incredible views allow for family and guests to enjoy Florida living! Each of the 3 bedrooms have their own bathrooms. Suites for everyone! Primary bedroom is designed for royalty with wrap around balcony access. The kitchen features a large island, granite countertops, and tons of storage. Community includes heated riverfront pool, clubhouse, dock/pier, kayak storage, and two elevators. Includes one garage parking space with storage plus additional guest parking. I challenge you to find a better condo designed for family, guests, privacy, and living space for everyone. Just minutes to Atlantic beaches, and downtown Melbourne. Short drive to Eau Gallie Art District. Come view this masterpiece and see if you can spot the dolphins and manatees.
Full Property Details
Full Property Details for 4955 Dixie Hwy NE #505
General
- Price: $499,900
- HOA FEE: $1,228/month
- Taxes: $6,613 (2025)
- Status: Active
- Type: Condo
- Source: BrevardCounty
- MLS ID: 1072626
- Updated: 3/22/2026
- Added to Site: 11 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Guest Suite, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Unit
Additional Information
- Shared Amenities: Elevator(s), Gated, Maintenance Grounds, Maintenance Structure, 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: US 1 to Gran Ave. Make an immediate LEFT into the entrance of Venetian Bay. Unit is in the North building, North of clubhouse.
- Direction Faces: East
School Information
- Elementary School: Palm Bay Elem
- Middle School: Stone
- High School: Palm Bay
Community
- Community Features: Elevator(s), Gated, Maintenance Grounds, Maintenance Structure, Pool, Water, Management - On Site
- Association: Yes
- Assoc. Name: Venetian Bay Condominium Association, Inc
- Assoc. Fees Include: Cable TV, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water
- Pets Allowed: Yes
- Pet 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 Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Block, Stucco
- 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
- Lot Features: Other
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Indian River
Financial Considerations
- Price Per Sq. Ft.: $206.74
- Association Fee: Yes
- Association Fee: $1,228
- Assoc Fee Freq.: Monthly
- Tax Amount: $6,613.39
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 28-38-30-00-00508.T-0000.00
Listed by Dale Sorensen Real Estate 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 ATTOM Data Solutions 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
3/22/2026
Listed
$499,900
—
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
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# 1072626) is a Condo property with 3 bedrooms and 3 full bathrooms. 4955 Dixie Highway NE #505 is currently listed for $499,900 and was received on March 22, 2026. 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.

