Home in 1883 Capital Drive, Palm Bay, FL 32909 for sale with MLS# B26052851

Discover WATERFRONT living in Cypress Bay Preserve! BUILT IN 2022. With a LOW HOA of $255 per quarter. Welcome home to this beautifully designed single-story home. Set right on the water, this 4-bedroom, 2-bathroom home offers 1,918 square feet of thoughtfully laid-out living space, ideal for both everyday living and entertaining. The open-concept floor plan fills the home with natural light and creates a seamless flow between the kitchen, living, and dining areas. Enjoy your morning coffee or evening unwind overlooking the lake, all within a gated, well-maintained community with sidewalk-lined streets and a sparkling community pool. Complete with a 2-car garage for parking and storage, this home delivers the lakefront lifestyle buyers are searching for. Appointment is required.

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1883 Capital Drive, Palm Bay, FL 32909

Price
Price:
$344,900.00
Original List Price:
$344,900.00
List Price per Sq Ft (Calculated, Approx.):
$179.82
Property Status and Type
Listing Type:
For Sale
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
Active Under Contract
Special Sale Conditions:
Standard
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
Status Change
Last Major Update on:
July 21, 2026 9:49 pm
Other Special Conditions:
Sold As-is, Property Survey Available
Rooms Distribution
Bedrooms:
4
Bathrooms Total:
2
Full Bath:
2
Room Type:
Kitchen, Living Room, Master Bedroom
Master Bedroom Bath:
Separate Shower, Dual Sinks
Dining Area:
Formal Dining
Measures
Living Area:
1,918 Sqft
Built-Up Area:
2,380 Sqft
Lot Size Dimensions and Info:
55' X 125'
Building Area Source:
Appraiser
Living Area Source:
Appraiser
Lot Features:
Room For Pool, Landscaped, Sidewalks
Lot Size Acres:
0.16
Property Features
View from the Property:
Lake, Water, Pond
Waterfront:
Yes
Waterfront Features:
Lake Front, Pond
Security:
Smoke Detector(s), Gated - No Guard
Furnished:
Unfurnished
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater, Ice Maker, Water Heater, Range
Interior:
High Ceilings, Pantry, Walk-In Closet(s), Kitchen Island, Other
Exterior:
Other, Garden
Patio and Porch:
Porch, Porch - Open
Windows:
Blinds, Drapes, Sliding, Double Pane Windows, Shutters, Rods
Laundry:
Washer Hookup, Inside, Laundry Room, Electric Dryer Hookup
Green Energy Efficient:
Windows, Doors
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Fence:
Fenced, Back Yard
Property Entrance Faces:
Southwest
Road Responsibility:
Private Maintained Road
Other Equipment:
Call Listing Agent
Sprinkler Description:
Well Sprinkler
Storm Protection Details:
Storm Shutters
Construction
Year Built:
2022
Roof:
Shingle
Year Roof Installed:
2022
Builder Model:
Cali
Architectural Style:
Ranch
Levels:
One
Construction Materials:
Stucco, CBS
Flooring:
Carpet, Tile
Number of stories:
1
Structure Type:
House
Stories:
1
Road Frontage Type:
Private Road
Foundation Details:
Slab
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$4,768.89
Tax Year:
2025
Tax Assessed Value:
$312,670.00
Association Fee:
$255.00
Association Fee Frequency:
Quarterly
Property Tax Details:
City/County, Homestead Exemption
Parking
Parking Total Spaces:
4
Garage
Garage Spaces:
2
Covered Spaces:
2
Attached Garage
Parking Features:
Driveway, Garage, Garage Door Opener, Attached, Paver Block, Attached Garage
Utilities
Sewer:
Public Sewer
Electric:
Underground
Utilities Available:
Underground Utilities, Electricity Connected, Sewer Connected, Water Connected, Cable Connected, Natural Gas Not Available
Water Source:
Public
Community
Association
Membership Details:
No Membership Available
Association Membership:
Mandatory
Association Type:
Homeowner Association
Pets Allowed?:
Yes, Pet Restrictions Possible
Lease Number Times per Year Allowed:
2
Amenities Provided by the Homeowner's Association (HOA):
Pool, Sidewalks, Maintained Community
Subdivision Name:
CYPRESS BAY PRESERVE - PHASE 1
Association Fee Includes:
Common Areas
Association Name:
Cypress Bay Preserve Association - Krista Meloon
Senior Community:
No
Development Name:
Cypress Bay
Association Phone:
888-813-3435
Restrictions:
Lease Restrictions, See Remarks
Minimum Days per Lease:
6
Leasing Permitted
Leasing Permitted Details:
Okay To Lease, Okay To Lease With Restrictions
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA, VA Loan, USDA Loan
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
Tax Legal Description:
CYPRESS BAY PRESERVE - PHASE 1 LOT 159
Real Estate Folio Number (Parcel Number):
30370350000000159
Zoning:
01
Listing History
Active on the market since:
July 17, 2026
Listing Agreement executed on:
July 15, 2026
Purchase Contract Date:
July 20, 2026
Listing Status Last Changed On:
July 21, 2026 9:49 pm
Photos updated on:
July 17, 2026 7:15 am
Last Modified:
July 23, 2026 9:29 am
Additional Information
Courtesy of:
Southern Key Realty
Attribution:
Not provided
Road Surface Type:
Paved
Location
Street Name:
Capital
Street Number:
1883
City:
Palm Bay
State:
Florida
Zip Code:
32909
County:
Brevard
Latitude:
N27° 54' 7.1''
Longitude:
W81° 22' 54''
Street Suffix:
Drive
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $76,708
Median Home Value $261,400
Median Rent $1,502/mo
Median Age 37
Population 39,611
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