Price Reduction - Waterfront
5565 N Highway 1 Palm Shores, FL
$ 739,000
Property Attributes
  • MLS#860532
  • TypeSingle Family
  • CountyBREVARD
  • CityPalm Shores
  • AreaNE Melbourne-Palm Shores
  • NeighborhoodINDIAN RIVER VILLA REC IN DB 318 PG 182
  • Zip32940
  • Style2 Story
  • Year Built1998
  • Taxes6963
  • Price$ 739,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage2628
  • Lot Size0.43 Acres
Listing Provided Courtesy Of:
RE/MAX Elite
Property Description

Motivate seller says bring offers! Stunning waterfront estate that sits on almost half an acre of pristine landscape with spectacular water views. This property offers a rare 184' of unobstructed views of the Indian River and features a beautiful private 225' dock with a boat lift. You will feel nothing but tropical seclusion and privacy in the backyard while you watch dolphins & manatee swim along your shore. You can be out on the river within minutes on your own boat or you can simply sit back, enjoy the peaceful sunrises and serenity that waterfront living has to offer. As you stroll throughout the home you will be captured by unobstructed water views from almost every room. The interior of the home

Elementary School Middle School High School
Creel Elementary School DeLaura Middle School Satellite High School
Price History
11/11/2019 Listed $787,400
2/20/2020 1% - $784,400
4/22/2020 5% - $749,500
6/12/2020 1% - $744,987
8/5/2020 1% - $739,000

General Features

Area 322 - NE Melbourne/Palm Shores
Construction Combination, Concrete Block, Frame - Wood
Financing-owner Will Consider 1031 Exchange, Cash, Conventional
Fixer Upper No
Legal/misc: 55+ Community No
Legal/misc: Gated Community Yes
Legal/misc: Home Warranty No
Legal/misc: Homestead No
Lot Sqft 18731.00
Parking 3 Car Attchd Garage
Pet Restrictions None
Property Status Standard
Rental Restrictions None
Res Sub-type Single Family Detached
Showing Appointment Required, Call Showing Service, Lockbox - Electronic, See Agent Remarks
Status Active
Style 2 Story
Year Built 1998

Interior Features

Bonus Room No
Cooling Central, Electric, Multi-Zone
Equipment/appliances Disposal, Generator Hookup, Ice Maker Hookup, Laundry-Hookup, Microwave-Built-in, Range - Gas, Refrigerator
Fireplace Yes
Flooring Tile
Full Baths 3
Furnished Y/N None
Half Baths 1
Heating Central, Electric, Heat Pump, Multi-Zoned
Interior Features Bar - Wet, Built-in-Features, Ceiling Fan(s), Ceilings-Ctdrl/Vault, Laundry Chute
Master Bedroom/Bath Double Sinks, Ext Bdrm Door/Slider, Exterior Bath Door, Jetted Bathtub, Shower, Walk-in Closet
Rooms Family Room, Formal Dining Room, Great Room, Jack and Jill Bath, Laundry
Split Bedroom Yes
SqFt - Living 2628.00
Utilities Cable Available, City Water, Electricity Connected, Propane, Telephone, Underground
Water Heater Electric

Exterior Features

Acreage 0.43
Community Pool No
Dwelling View View - East, View - West
Dwelling Waterview: Waterfront View Direction E
Exterior Features Balcony - Unscreened, Deck, Fence - Concrete, Patio - Unscreened, Porch - Trussed, Porch - Unscreened, Sprinkler - Well, Storm Shutters, Well - Private
Exterior Finish Painted, Stucco
Front Door Faces W
Lot Description East of US1, Paved Street, Sidewalks
Lot Dimensions 100' X 104'
Pool - Private or Community No
Private Pool No
Road Surface Asphalt
Roof Shingle - Asphalt
Water Amenities Boat Lift, Bulkhead Seawall, Dock Private, Natural State, Riparian Rights, Slip/Private
Waterfront Yes
Waterfront Footage 184.00
Waterfront Type Indian River
Waterfront View Yes


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 32940

AVG $470K
AVG $3,034
AVG 50
Year Built
AVG 2008

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