HOMES BY DARCI
Southern Key Realty
5055 Dixie Highway NE B406, Palm Bay FL 32905
Open House Sat, Jun 13th 11:00 AM - 01:00 PM - Price Reduction - Waterfront
Address
5055 Dixie Highway Ne B406, Palm Bay, FL
Price
$ 389,000
Property Attributes
- MLS#1067381
- TypeCondos
- Listing Status Active
- CountyBrevard
- CityPalm Bay
- AreaNE Palm Bay
- NeighborhoodRhum Cove
- Zip32905
- StyleCondominium
- Year Built1988
- Taxes$ 3992
- Price$ 389,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1480
- Lot Size0.11 Acres
Data Source:
Space Coast AOR
Property Description
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!
| Price History | |
|---|---|
| 2/20/2026 | Listed $399,000 |
| 5/18/2026 | 3$389,000 |
General Features
| Living Area | 1480 |
|---|---|
| Sewer | Public Sewer |
| Heating | Central |
| Cooling | Central Air |
| Utilities | Electricity Connected,Sewer Connected,Water Connected |
| Possession | Close Of Escrow |
| Appliances | Dishwasher,Electric Oven,Electric Range,Microwave,Refrigerator |
| HOA Fee | 900 |
| Garage Spaces | 1 |
| Association Fee Includes | Cable TV,Internet,Pest Control,Sewer,Trash,Water |
| Security Features | Security Gate |
| Construction Materials | Block,Stucco |
| Pets Allowed | Call |
| Year Built | 1988 |
| View | River |
| Stories Count | 1 |
| Unit Number | B406 |
| Property Subtype | Condominium |
| Tax Year | 2025 |
| Current Use | Single Family |
| Waterfront Features | Navigable Water,River Access,River Front |
| Additional Parcels Description | 2850862 |
| Assoc Fee Paid Per | Monthly |
| County | Brevard |
| New Construction | false |
| Property Type | Residential |
| Association Amenities | Boat Dock,Boat Slip,Elevator(s),Fitness Center,Gated,Marina,Pool,Sauna,Tennis Court(s) |
| HOA | true |
| Attached Garage | false |
| Subdivision Name | Rhum Cove |
| Facing Direction | North |
| Garage Y/N | true |
| Full Baths | 2 |
| Status | Active |
| 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. |
| City | Palm Bay |
| Body of Water | Indian River |
| Association Name | Rhum Cove Condo Association |
| Senior Community Y/N | false |
| MLS Area | 340 - NE Palm Bay |
| Lot Size Units | Acres |
| Lot Size Square Feet | 4792 |
| Carport Y/N | false |
| Tax Annual Amount | 3992.78 |
| Property Condition | Updated/Remodeled |
| MLS Area Minor | 340 - NE Palm Bay |
| Virtual Tour | https://www.zillow.com/view-imx/81758193-7f39-4a35-9983-a953f5980663?wl=true&setAttribution=mls&initialViewType=pano |
| Standard Status | Active |
| Legal Description | RHUM COVE UNIT B406 RHUM COVE CONDO AS DESC IN ORB 2892 PG 2344 AND ALL AMENDMENTS THERETO. |
Interior Features
| Interior Amenities | Breakfast Nook,Pantry,Primary Bathroom - Shower No Tub |
|---|---|
| Flooring | Carpet,Tile |
| Furnished Y/N | Unfurnished |
| Total Stories | 4 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Laundry Features | In Unit |
| Total Bedrooms | 3 |
| Entry Level | 4 |
| LivingAreaSource | Appraiser |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Balcony,Boat Slip,Dock |
|---|---|
| Parking Features | Additional Parking,Assigned,Garage |
| Lot Features | Many Trees,Other |
| Water Source | Public |
| Lot Size Area | 0.11 |
| Lot Size Acres | 0.11 |
| Road Surface Type | Paved |
| Waterfront Y/N | true |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Condos Average in 32905
Price
Taxes
Year Built
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