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$399,000

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 2 Full Baths
  • 1,480 Sq. Ft.
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Experience a truly unique riverfront lifestyle at Rhum Cove, a gated waterfront community offering a private marina with deeded boat slips - all at an exceptional value. This sought-after complex delivers a yacht-club feel with amenities including a waterfront pool, pickleball courts, fitness center, sauna, clubhouse, dock, and secure gated entry. This desirable southwest-corner unit features 3 bedrooms and 2 bathrooms with expansive river views and stunning sunsets. Interior highlights include wood-look tile flooring, granite countertops, quad sliding glass doors, a recently renovated bathroom, in-unit laundry, and a 1-car garage. Additional updates include a 2019 A/C with UV system, 2024 water heater, and roll-down shutters for added comfort and protection. All pending assessments have been paid by the seller, offering peace of mind for the next owner. Whether you're a boater, river enthusiast, or simply seeking a lock-and-leave waterfront lifestyle this is a cannot miss!

Full Property Details for 5055 Dixie Hwy NE #B406

General

  • Price: $399,000
  • HOA FEE: $900/month
  • Taxes: $3,992 (2025)
  • Status: Active
  • Type: Condo
  • Source: BrevardCounty
  • MLS ID: 1067381
  • Updated: 1/23/2026
  • Added to Site: 32 day(s) ago

Interior

  • Interior Features: Breakfast Nook, Pantry, Primary Bathroom - Shower No Tub
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Carpet, Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: In Unit

Additional Information

  • Shared Amenities: Boat Dock, Boat Slip, Elevator(s), Fitness Center, Gated, Marina, Pool, Sauna, Tennis Court(s)
  • Security/Safety: Security Gate

Exterior

  • Exterior Features: Balcony, Boat Slip, Dock

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Additional Parking, Assigned, Garage

Location

  • Area: 340 - NE Palm Bay
  • County: Brevard
  • Subdivision: Rhum Cove
  • Driving Directions: I-95 South, take Exit 173 - Malabar Rd SE, turn left onto Malabar Rd, approx. 4 miles to US-1, turn left, approx. 1 mile to Gran Ave NE, turn right, take immediate next right onto Dixie Hwy NE, go to 2nd building on left.
  • Direction Faces: North

Community

  • Community Features: Boat Dock, Boat Slip, Elevator(s), Fitness Center, Gated, Marina, Pool, Sauna, Tennis Court(s)
  • Association: Yes
  • Assoc. Name: Rhum Cove Condo Association
  • Assoc. Fees Include: Cable TV, Internet, Pest Control, Sewer, Trash, Water
  • Pets Allowed: Yes
  • Pet Restrictions: Call

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Sewer Connected, Water Connected

Structural Information

  • Exterior Const.: Block, Stucco
  • Stories/Levels: 1
  • Square Feet: 1,480
  • Living Area: 1,480 Sq. Ft.
  • Current Bldg. Use: Single Family
  • Year Built: 1988
  • Property Condition: Updated/Remodeled

Lot Features

  • Property View: River
  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,792
  • Street/Road Desc.: Paved
  • Lot Features: Many Trees, Other

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Name: Indian River

Financial Considerations

  • Price Per Sq. Ft.: $269.59
  • Association Fee: Yes
  • Association Fee: $900
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $3,992.78
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 28-38-30-00-00537.1-0000.00

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— 5055 Dixie Hwy NE #B406 —

  • One Sotheby's International

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 5055 Dixie Hwy NE #B406

School District:Brevard County School District
NameGradesDistance
Palm Bay Elementary School
1200 Alamanda Rd Ne, Palm Bay, FL 32905
PK-61.7 mi
Palm Bay Magnet Senior High School
101 Pirate Lane, Melbourne, FL 32901
9-123.9 mi
Stone Magnet Middle School
1101 East University Boulevard, Melbourne, FL 32901
7-84 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 5055 Dixie Hwy NE #B406 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/22/2026
Listed
$399,000
38.06%
MLS
6/04/2019
Sold
$289,000
—
Public Record
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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 for 5055 Dixie Hwy NE #B406

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,938
1%
$259,720
3%
2024
$3,900
2%
$252,410
3%
2023
$3,816
3%
$245,060
3%
2022
$3,692
-3%
$237,930
3%
2021
$3,792
-17%
$231,000
6%
2019
$4,542
5%
$218,430
4%
2018
$4,345
170%
$210,090
79%
2017
$1,610
—
$117,270
2%
2016
$1,609
-2%
$114,860
1%
2015
$1,641
—
$114,070
1%
2014
$1,647
—
$113,170
1%
2013
$1,643
—
$111,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5055 Dixie Highway NE #B406, Palm Bay, FL 32905 (MLS# 1067381) is a Condo property with 3 bedrooms and 2 full bathrooms. 5055 Dixie Highway NE #B406 is currently listed for $399,000 and was received on January 22, 2026. Want to learn more about 5055 Dixie Highway NE #B406? 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.

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