1632 Water Drive NE Palm Bay, FL $ 498,000
1632 Water Drive NE
$ 498,000
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1632 Water Drive NE

Palm Bay, FL, 32905
$ 498,000
Bedrooms2 Baths1.0 Sq 956

Monthly Estimate*

$ 3,107

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Single Family Home for sale in Palm Bay, FL

for $498,000 with 2 bedrooms and 1 full bath. This 956 square foot home was built in 1928 on a lot size of 1.44.

1.44 acres with beautiful river views! This rare homesite is finally available for you! Move right in or build your own on this unique property with front and rear access. The vintage home sits elevated facing the Indian River with new lighting and walkways for relaxing strolls or throwing your pole in for a fresh catch. Start your day on the front porch with your cup of coffee and a majestic sunrise. Step back in time and enjoy the hardwood floors, the stone fireplace (decoration only), the jack and jill bath, main gathering room PLUS a front sitting room. Modern touches with central AC, water heater, stainless steel appliances, tile countertops, backsplash, and washer and dryer hookups inside the home. The main attraction is the LAND! Property runs from Water Dr to Orange Blossom Trail with much of it already cleared. Bring back the Old World Charm on this home or build your own dream home with unrivaled views. The choices are endless!

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Single Family Active

Price

$ 498,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 4,025

Style

Ranch

Lot Size

1.44

Year Built

1928

Town/City

Palm Bay

County/Region

Brevard

MLS | Web ID

1058146

Features
General
Living Area 956.0
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Electricity Connected Water Connected
Possession Close Of Escrow
Roof Membrane
Appliances Electric Oven Electric Water Heater Refrigerator
Patio/Porch Features Front Porch
Architectural Style Ranch
Construction Materials Frame Stone Stucco
Pets Allowed Yes
Year Built 1928
View River Trees/Woods
Stories Count 1
Levels One
Property Subtype Single Family Residence
Tax Year 2023
Current Use Residential
Additional Parcels Description 2832550
County Brevard
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Tillman Plat of
Facing Direction East
Garage Y/N N
Other Structures Other
Total Rooms 0
Full Baths 1
Status Active
Directions US1 to Hessey N of Palm Bay Rd. Take quick R on Water Dr just behind Palm Bay Chamber of Commerce. Left on Dirt Driveway.
High School Palm Bay
City Palm Bay
Senior Community Y/N N
MLS Area 340 - NE Palm Bay
Lot Size Units Acres
Lot Size Square Feet 62726.0
Carport Y/N N
Elementary School Palm Bay Elem
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 4025.25
Home Warranty Y/N N
Middle/Junior High School Stone
Lease Renewal Y/N N
MLS Area Minor 340 - NE Palm Bay
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1058146
Standard Status Active
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Interior
Interior Amenities Ceiling Fan(s) Jack and Jill Bath Primary Bathroom - Tub with Shower Primary Downstairs Walk-In Closet(s)
Flooring Wood
Furnished Y/N Unfurnished
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Half Baths 0
Laundry Features Electric Dryer Hookup In Unit Washer Hookup
Total Bedrooms 2
Entry Level 1
Total Baths 1
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Exterior
Parking Features Covered
Lot Features Other
Water Source Public
Lot Size Area 1.44
Spa N
Lot Size Acres 1.44
Waterfront Y/N N
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1632
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* Excluded Features
List By
Re/Max Elite

Broker

4salebyangela@gmail.com

Email

Affordability Calculator

$3,442
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,107
Monthly Property Taxes
$335
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1362941 Elementary School
1362913 Middle School
Palm Bay High School High School
Pricing History
DatePricePrice ChangeDescription
10/13/2025$498,000 -14.87% Price Down
9/26/2025$585,000 Listed Price

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1632 Water Drive NE, Palm Bay, FL, 32905 is a Single Family Home for sale at $498,000 with 956 sqft and a lot size of 1.44. 1632 Water Drive NE has 2 bedrooms, 1.0 baths, and was built in 1928. The property's zip code is 32905 which is in Palm Bay, FL