About This Home

This 2-bedroom, 1-bathroom single family at 1632 Water Drive NE in Palm Bay, FL is listed for $479,000 ($501 per sqft). Built in 1928, the home offers 956 sqft of living space on a 1.44 acres lot.

Key Features

  • Built in 1928
  • 1.44 acre lot

Property Details

1 story
1 full
1928

Amenities

ViewA/C
Listing Description

1.44 acres with beautiful river views! This rare homesite is finally available for you! Front and rear access possible. Zoned Urban Mixed Use but grandfathered in residential with restrictions. So many opportunities! The current 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.

Monthly Cost Estimate

$2,562/mo

20% down · 6.5% · 30 years

Principal$346
Interest$2,076
Insurance$140

Estimates only. Actual payments may vary.

Location

1632 Water Drive NE

Palm Bay, FL 32905

Tillman Plat of

Features & Amenities

Interior Features

Ceiling Fan(s)Jack and Jill BathPrimary Bathroom - Tub with ShowerPrimary DownstairsWalk-In Closet(s)

Property Details

Flooring

Wood

Construction

Frame Stone Stucco

Views

River

Outdoor Features

Porch

Parking

Covered

Heating

Electric (Heating)Central

Cooling

Central AirElectric

Appliances

Electric OvenElectric Water HeaterRefrigerator

Questions & Answers

This 2-bedroom, 1-bathroom single family at 1632 Water Drive NE is listed at $479,000 ($501/sqft). The estimated monthly payment is $2,562 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1928, 1.44 acre lot. Interior Features: Ceiling Fan(s), Jack and Jill Bath, Primary Bathroom - Tub with Shower.

This property is listed by Angela Lawless and can be reached at 3217208156.

AL

Angela Lawless

Agent at RE/MAX Elite

(321) 720-8156

Listed by RE/MAX Elite · Broker phone: (800) 983-3457 · View on Broker Site

MLS# 1058146· Source: Space Coast Association of Realtors· 62 days on PropertySimple

Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1632 Water Drive NE, Palm Bay, FL 32905

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