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2975 Indian River Dr NE, Palm Bay, FL, 32905

1beds
1baths
624sqft
$74,900
$120price/sqft
$779/moest. monthly cost
$31,160/yrincome needed

About This Home

Upgraded 1 Bed 1 Bath in Palm Bay Estates, a 55 and over waterfront community. The upgrades from 2016 to present include an Electric amp increased to 125 amps with a new breaker panel. Newer windows, interior paint, custom wood windowsills, air conditioner, light fixtures with fans, new patio door, and roof resealed. A shed in the carport adds extra storage. Gas stove, refrigerator, and microwave in 2023. This unit is perfect for getting away from the northern winters.

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
51
BikeBikeable

Schools

7/10
3/10
2/10

Construction

Condition

  • Year built: 1969

Materials

  • Construction materials: Frame

Type & Style

  • Home type: MobileManufactured
  • Property subType: Mobile Home

Interior

Appliances

  • Appliances included: Gas Oven,Gas Range,Microwave,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 624 sqft

Property

Details

  • Parcel number: 2837247800000.00286.00
  • Special condition: Standard

Features

  • Stories: 1

Lot

  • Lot size: 9,147 sqft
  • Features: Zero Lot Line

Parking

  • Total spaces: 1
  • Parking features: Attached Carport
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

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
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Coastal 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 $378$4,536
Home Insurance *$103$1,236
Property Taxes $101$1,212
Electricity $197$2,366
Total$779$9,348
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$26,708/yr
40% on housing$23,370/yr
45% on housing$20,773/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

$120This listing

vs Other Active Listings

Avg $/sqft

ZIP 32905$167
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)

No zestimate history available

Price History

DateEventPrice
2026-07-31Listed for sale$74,900
2026-07-20Pending sale$74,900
2026-05-13Listed for sale$74,900
2026-04-29Pending sale$74,900
2026-04-19Listed for sale$74,900
2026-01-22Listing removed$79,600
2025-11-15Listed for sale$79,600
2023-10-16Listing removed--
2023-09-19Listed for rent$1,250
2023-03-13Listing removed--
2023-02-10Listed for rent$1,200
2020-09-30Listing removed$950
2020-07-24Listed for rent$950
2018-10-28Listing removed$785
2018-09-07Price change$785
2018-03-06Listed for rent$900
1992-12-01Sold$19,400

For Sale by Agent

AgentEdward LaPetina
BrokerageA & E Realty Brevard

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