1632 Water Drive NE, Palm Bay, FL 32905
$498,000
Property Type:
Residential
Bedrooms:
2
Baths:
1
Square Footage:
956
Lot Size (sq. ft.):
62,726
Status:
Active
Current Price:
$498,000
List Date:
9/26/2025
Last Modified:
11/11/2025
Description
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!
More Information MLS# 1058146
Contract Information
Comp Sale YN: No
Current Price: $498,000
Original List Price: 585000
List Price: $498,000
Status: Active
Listing Contract Date: 2025-09-26
Property Sub Type: Single Family Residence
Location, Tax, and Legal
Tax Account: 2832550
Parcel Number: 28-37-24-25-00001.0-0003.00
General County Location: South
Elementary School: Palm Bay Elem
Middle School: Stone
High School: Palm Bay
Tax Annual Amount: 4025.25
Tax Year: 2023
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.
General Property Information
Bathrooms Half: 0
Living Area: 956
Living Area Source: Public Records
Lot Size Acres: 1.44
Lot Size Square Feet: 62726
Accessibility Features YN: No
Association YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Waterfront YN: No
Land Lease YN: No
Senior Community YN: No
CDD Fee YN: No
Community Fee(s) YN: No
Water Body Access YN: No
Furnished: Unfurnished
Stories: 1
Entry Level: 1
Direction Faces: East
Pool Private YN: No
List Price/SqFt: 520.92
Bedrooms Total: 2
Bathrooms Total: 1
Bathrooms Full: 1
Year Built: 1928
Remarks and Miscellaneous
Public Remarks: 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!
Appliances
Electric Oven: 1
Electric Water Heater: 1
Refrigerator: 1
Architectural Style
Ranch: 1
Closing Company Details
Closing Company Name: Supreme Title LLC, Attn: Cyndy Little cyndy@supremetitlellc.com
Closing Company Address: 125 W New Haven Ave, Melbourne, FL 32901, 321-725-0115
Construction Materials
Frame: 1
Stone: 1
Stucco: 1
Cooling
Central Air: 1
Electric: 1
Current Use
Residential: 1
DPR Eligible
DPR Eligible: Yes
Flooring
Wood: 1
Heating
Central: 1
Electric: 1
Interior Features
Ceiling Fan(s): 1
Jack and Jill Bath: 1
Primary Bathroom - Tub with Shower: 1
Primary Downstairs: 1
Walk-In Closet(s): 1
Laundry Features
Electric Dryer Hookup: 1
In Unit: 1
Washer Hookup: 1
Legal Details
Permission Granted to Advertise: Yes
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Other: 1
Other Structures
Other: 1
Parking Features
Covered: 1
Patio And Porch Features
Front Porch: 1
Pets Allowed
Yes: 1
Possession
Close Of Escrow: 1
Roof
Membrane: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Utilities
Electricity Connected: 1
Water Connected: 1
View
River: 1
Trees/Woods: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Lockbox: 1
Showing Service: 1
Location Tax and Legal
Street Number: 1632
Street Name: Water
Street Suffix: Drive
Street Direction Suffix: NE
County: Brevard
State: FL
Postal Code: 32905
MLS Area Major: 340 - NE Palm Bay
Subdivision Name: Tillman Plat of
Status Change Information
Major Change Timestamp: 2025-10-13T22:26:28Z
Major Change Type: Price Reduced
Price Change Timestamp: 2025-10-13T22:26:28Z
Status Change Timestamp: 2025-09-26
Property Features
Appliances: Electric Oven; Electric Water Heater; Refrigerator
Architectural Style: Ranch
Construction Materials: Frame; Stone; Stucco
Cooling: Central Air; Electric
Current Use: Residential
Flooring: Wood
Heating: Central; Electric
Interior Features: Ceiling Fan(s); Jack and Jill Bath; Primary Bathroom - Tub with Shower; Primary Downstairs; Walk-In Closet(s)
Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup
Levels: One
Listing Terms: Cash; Conventional
Lot Features: Other
Other Structures: Other
Parking Features: Covered
Patio And Porch Features: Front Porch
Pets Allowed: Yes
Possession: Close Of Escrow
Roof: Membrane
Sewer: Public Sewer
Showing Requirements: Appointment Only; Lockbox; Showing Service
Special Listing Conditions: Standard
Utilities: Electricity Connected; Water Connected
View: River; Trees/Woods
Water Source: Public
Listing Office:
RE/MAX Elite
Last Updated: November - 11 - 2025
Information is deemed to be reliable, but is not guaranteed.