$659,000

1632 Water Dr NE Palm Bay, FL 32905

$7,826
Closing credit¹
2 beds
1 full
956 sqft
1.4 acres
$689 / sqft
House

Property details

About 1632 Water Dr NE

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!

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size956 sqft
Lot size1.44 Acres
Year built1928
ParkingCovered
MLS #1041083
ViewRiver, Trees/Woods

Virtual tour

Summary

  • Full Bathrooms: 1
  • Appliances: Electric Oven, Electric Water Heater, Refrigerator
  • Flooring Type: Wood
  • Interior: Ceiling Fan(s),Jack and Jill Bath,Primary Bathroom - Tub with Shower,Primary Downstairs,Walk-In Closet(s)
  • Total Bedroom Count: 2
  • Attached Garage: No
  • Parking: Covered
  • View: River, Trees/Woods
  • Architectural Style: Ranch
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • List Price: $659,000
  • Price/SqFt: $689
  • Annual Tax Amount: $4,025
  • Tax Year: 2023
  • Lot: Other
  • 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.
  • Year Built: 1928
  • Stories: 1
  • Living Area: 956 SqFt
  • Lot Size: 1.44 Acres
  • MLS Number: 1041083
  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • Office Name: RE/MAX Elite
  • Office Phone: (321) 752-5858
  • Office Email: remaxelitebrevard@gmail.com
  • Listing Agent: Angela Lawless

IDX Copyright © 2025 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/28/2025, 12:40:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

1632 Water Dr NE, Palm Bay, FL 32905 - birds eye view of property with a water view

$659,000

1632 Water Dr NE

$7,826

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 03, 2003
Home Sold
$100,000

Tax history

YearAssessmentProperty Tax
2023$214,110$4,025
2022$217,620$4,059
2021$193,370$4,059
2020$189,290$3,812
2019$191,080$3,970
2018$193,730$3,709
2017$172,430$3,709

History based on county public records data.

Nearby schools

5

Palm Bay Elementary School

Public District PK-6

0.8 mi

1200 Alamanda Rd NE

9

Gemini Elementary School

Public District KG-6

2.0 mi

2100 Oak St

5

Port Malabar Elementary School

Public District PK-6

3.2 mi

301 Pioneer Ave NE

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $47,833. The majority of Palm Bay, FL residents have income less than $<35k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

38%
<35k
34%
35k-100k
29%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

59%
Single, No Kids
10%
Single, with Kids
25%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
4%
12-17 yrs old
18%
18-34 yrs old
48%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Figure SkatingFigure Skating
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Chico'sChico's
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Bob EvansBob Evans
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • ChevroletChevrolet
  • OldsmobileOldsmobile
  • BuickBuick

What do the neighbors listen to?

  • RockRock
  • NewsNews
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 1632 Water Dr NE

The listing price of 1632 Water Dr NE property is $659,000.

The property 1632 Water Dr NE is a house located in Palm Bay, Florida, 32905.

Active Listing: 1632 Water Dr NE is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1632 Water Dr NE are: Palm Bay Elementary School (GreatSchools Rating 5/10), Gemini Elementary School (GreatSchools Rating 9/10), Port Malabar Elementary School (GreatSchools Rating 5/10), Palm Bay Academy Charter School (GreatSchools Rating 3/10), Stone Magnet Middle School (GreatSchools Rating 2/10), Hoover Middle School (GreatSchools Rating 5/10), Palm Bay Magner High School (GreatSchools Rating 3/10), Melbourne High School (GreatSchools Rating 5/10), West Shore Junior/Senior High School (GreatSchools Rating 10/10).

According to the records, the last property tax for 2023 is $4,025 (source: MLS/based on county public records data).

The last sale was on January 3, 2003 for $100,000 (source: MLS/tax record).

The property at 1632 Water Dr NE has 2 bedrooms and 1 bathroom.

The property 1632 Water Dr NE is 956 SqFt (source: MLS/tax record).

The year of construction for 1632 Water Dr NE is 1928.

This home is located at 1632 Water Dr NE in Palm Bay, FL and zip code 32905 in the Tillman neighborhood. This 956 square foot home, which was built in 1928, sits on a 1.44 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 25, 2025 and is currently priced at $659,000.

Over 48 listings were sold over their listed price in May 2025 in Palm Bay, FL. In the same period over 177 listings were sold below the listed price and 108 listings were sold for the listed price. The inventory of homes for sale in Palm Bay, FL between April and May 2025 increased by 0.6%. The median list price of listings available in May 2025 was $329,996, while the average time on the real estate market was 78 days.

From Rocket Homes Real Estate and based on county public records data.

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