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.
Listing Provided Courtesy of Southern Key Realty at 772-212-2666
Property Details
Price:
$344,900
MLS #:
B26052851
Status:
Active Under Contract
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
CYPRESS BAY PRESERVE – PHASE 1
Neighborhood:
6372brevardcountywofir
Listed Date:
Jul 17, 2026
Finished Sq Ft:
1,918
Total Sq Ft:
2,380
Lot Size:
299,475,000 sqft / 0.16 acres (approx)
Year Built:
2022
See this Listing
Schools
Interior
Appliances
Electric Water Heater, Range, Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer, Water Heater
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Carpet, Tile
Heating
Central
Interior Features
High Ceilings, Kitchen Island, Pantry, Walk-In Closet(s), Other
Laundry Features
Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Levels
One
Main Level Bathrooms
2
Main Level Bedrooms
4
Exterior
Architectural Style
Ranch
Association Amenities
Pool, Maintained Community, Sidewalks
Attached Garage YN
1
Construction Materials
CBS, Stucco
Covered Spaces
2
Direction Faces
Southwest
Exterior Features
Garden, Other
Fencing
Back Yard, Fenced
Garage Spaces
2
Green Energy Efficient
Doors, Windows
Lot Features
Landscaped, Room for Pool, Sidewalks
Open Parking Spaces
2
Other Structures
None
Parking Features
Attached, Attached Garage, Driveway, Garage, Garage Door Opener, Paver Block
Parking Spots
4
Parking Total
4
Patio And Porch Features
Porch – Open, Porch
Roof
Shingle
Security Features
Gated – No Guard, Smoke Detector(s)
Stories
1
View
Pond, Lake, Water
Waterfront Features
Lake, Pond
Window Features
Shutters, Blinds, Double Pane Windows, Drapes, Rods, Sliding
Financial
HOA Fee
$255
HOA Fee Frequency
Quarterly
HOA Includes
Common Areas
HOA Name
Cypress Bay Preserve Association – Krista Meloon
HOA Phone
888-813-3435
Tax Year
2025
Taxes
$4,769
Map
Community
- Address1883 Capital Drive Palm Bay FL
- SubdivisionCYPRESS BAY PRESERVE – PHASE 1
- CityPalm Bay
- CountyBrevard
- Zip Code32909
Subdivisions in Palm Bay
- Amberwood
- Aspire at Treasure Coast
- Bayside
- Bridgewater at Bayside Lakes
- CYPRESS BAY PRESERVE – PHASE 2
- FOREST GLEN AT BAYSIDE LAKES
- Lambert St
- PALM BAY
- PORT MALABAR
- PORT MALABAR UNIT 30
- PORT MALABAR COUNTRY CLUB UNIT 7
- PORT MALABAR COUNTRY CLUB UNIT 7 FIRST REPLAT OF
- PORT MALABAR INDUSTRIAL PARK SUBD
- PORT MALABAR UNIT 10
- PORT MALABAR UNIT 11
- PORT MALABAR UNIT 12
- PORT MALABAR UNIT 13
- PORT MALABAR UNIT 14
- PORT MALABAR UNIT 15
- PORT MALABAR UNIT 15 LOT 14 BLK 680
- PORT MALABAR UNIT 16
- PORT MALABAR UNIT 17
- PORT MALABAR UNIT 18
- PORT MALABAR UNIT 19
- PORT MALABAR UNIT 20
- PORT MALABAR UNIT 22
- PORT MALABAR UNIT 23
- PORT MALABAR UNIT 24
- PORT MALABAR UNIT 25
- PORT MALABAR UNIT 26
- PORT MALABAR UNIT 30
- PORT MALABAR UNIT 31
- PORT MALABAR UNIT 32
- PORT MALABAR UNIT 36
- PORT MALABAR UNIT 37
- PORT MALABAR UNIT 39
- PORT MALABAR UNIT 39, Lot 10, BLK 1841
- PORT MALABAR UNIT 41
- PORT MALABAR UNIT 42
- PORT MALABAR UNIT 44
- PORT MALABAR UNIT 46
- PORT MALABAR UNIT 49
- PORT MALABAR UNIT 49 LOT 32 BLK 2597
- PORT MALABAR UNIT 51
- PORT MALABAR UNIT 52
- PORT MALABAR UNIT 53
- PORT MALABAR UNIT 6
- PORT MALABAR UNIT 7
- PORT MALABAR UNIT 8
- PORT MALABAR UNIT 9
- THE PRESERVES AT STONEBRIAR PHASE 2
- Tillman Lakes
- VENETIAN BAY CONDO PH I
Market Summary
Current real estate data for Single Family in Palm Bay as of Aug 05, 2026
174
Single Family Listed
217
Avg DOM
204
Avg $ / SqFt
$260,470
Avg List Price
Property Summary
- Located in the CYPRESS BAY PRESERVE – PHASE 1 subdivision, 1883 Capital Drive Palm Bay FL is a Single Family for sale in Palm Bay, FL, 32909. It is listed for $344,900 and features 4 beds, 2 baths, and has approximately 1,918 square feet of living space, and was originally constructed in 2022. The current price per square foot is $180. The average price per square foot for Single Family listings in Palm Bay is $204. The average listing price for Single Family in Palm Bay is $260,470.
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