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1121 River Dr NE, Palm Bay, FL, 32905

2beds
3baths
2,602sqft
$524,900
$202price/sqft
$4,423/moest. monthly cost
$176,920/yrincome needed

About This Home

UP TO 3% BUILDER CONCESSIONS WITH AN ACCEPTABLE OFFER! Discover this brand-new custom Turkey Creek waterfront home offering approximately 2,602 SF of conditioned space and approximately 3,921 SF under roof total. This distinctive two-story design combines luxury finishes, flexible living areas, exceptional garage capacity, and peaceful waterfront surroundings with no HOA or CDD fees. The upper-level features approximately 1,705 SF with two bedrooms, two full bathrooms, an open-concept great room, dining area, and a 245 SF covered waterfront balcony. The designer kitchen showcases an oversized quartz large island with wood-slat accents, gold-tone fixtures, pendant lighting, 42-inch white shaker upper cabinets, contrasting black lower cabinets, subway-tile backsplash, wet bar, hidden walk-in pantry, and Samsung stainless-steel appliances. The luxurious primary suite includes large walk-in closets, a 9' × 8' pocketing glass door opening to the balcony, a floating vanity, 60-inch freestanding soaking tub with floor-mounted filler, and an oversized designer-tiled shower with multifunction fixtures. The lower level provides approximately 897 SF of conditioned space with three separately defined flex spaces, a full designer bathroom, majestic foyer, and solid-oak staircase. The flex spaces offer exceptional versatility for home offices, fitness, recreation, hobbies, climate-controlled storage, or a live/work lifestyle. Flex spaces are not represented or permitted as bedrooms. Additional features include impact-rated windows and exterior doors, eight-foot double impact-glass entry doors, designer porcelain tile, a high-efficiency Rheem RTEX-24 electric tankless water heater, a 240 SF covered lanai, and cedar tongue-and-groove ceilings over both outdoor living areas. Car enthusiasts, contractors, and hobbyists will appreciate the oversized 765 SF garage, consisting of separate two-car and one-car garages, plus an expansive driveway. The backyard directly fronts a natural creek connected to Turkey Creek, creating a private waterfront setting with relaxing views, abundant wildlife, and opportunities to enjoy Florida outdoor living. Neighboring properties feature docks and seawalls, adding to the established waterfront character of the area. CUSTOM DESIGN " TURKEY CREEK WATERFRONT " THREE FLEX SPACES " OVERSIZED GARAGE " NO HOA " NO CDD Water depth, navigability, docking, and access to other waterways have not been verified. Buyer should independently verify water access and permitting for any future dock, seawall, or shoreline improvements.

Getting Around

30
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

7/10
2/10
3/10

Construction

Condition

  • Property condition: Under Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Shingle
  • Construction materials: Block,Frame,Stone Veneer,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary,Multi Generational
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Range,Electric Water Heater,Microwave,Refrigerator,Other
  • Laundry features: Electric Dryer Hookup,Upper Level,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Built-in Features,Eat-in Kitchen,Guest Suite,His and Hers Closets,In-Law Floorplan,Kitchen Island,Open Floorplan,Pantry,Primary Bathroom -Tub with Separate Shower,Walk-In Closet(s),Wet Bar
  • Flooring: Tile,Wood

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 3,921
  • Total interior livable area: 2,602 sqft

Property

Details

  • Parcel number: 283726010000c.00011.00
  • Zoning description: Residential
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Rear Porch
  • Exterior features: Balcony,Impact Windows
  • Has view: Yes
  • View description: Creek/Stream
  • Has water view: Yes
  • Water view: Creek/Stream
  • On waterfront: Yes
  • Waterfront features: Creek
  • Waterbody name: Turkey Creek

Lot

  • Lot size: 7,405 sqft
  • Features: Cleared,Dead End Street

Parking

  • Total spaces: 3
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Coastal Flooding
Inland Flooding
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters in Brevard County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,654$31,848
Home Insurance *$725$8,700
Property Taxes $783$9,396
Electricity $261$3,142
Total$4,423$53,076
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$151,645/yr
40% on housing$132,690/yr
45% on housing$117,946/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.8%
13.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.8%
4.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$202This listing

vs Other Active Listings

Avg $/sqft

ZIP 32905$164
Brevard County$192

vs Homes Sold Last Month

Median $/sqft

ZIP 32905$189
Brevard County$209

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-13Price change$514,900
2026-08-01Listed for sale$524,900
2024-01-05Sold$62,500
2004-09-29Sold$30,000

New Construction

AgentRyan McDuffie
BrokerageRLL Real Estate Group

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