The central Florida city of Palm Bay has traveled light years from its origins as a small agricultural community with orange and banana groves to become a center of expansion on Florida’s Space Coast. Today, the city of more than 140,000 is home to Patrick Space Force Base and is conveniently located minutes from West Melbourne's tech and aerospace hub. “We’re the largest city in Brevard County, not only in population but also in land mass, so there’s a lot of space for growth,” says Nancy Peltonen, president and CEO of the Greater Palm Bay Chamber of Commerce.
Residential development continues in Palm Bay, which has annexed land in recent years to make room for new infrastructure projects. “They’re building left and right in Palm Bay. There are so many homes to choose from,” says Tammy Brown, a real estate agent with Atlantic Group Real Estate. “There are around 4,500 listings in Brevard County and about 2,000 are in Palm Bay. If you’re looking for brand new construction at a great price, you can’t really beat Palm Bay.”
Palm Bay, with over 140,000 residents, is home to Patrick Space Force Base.
Palm Bay is just minutes from West Melbourne's aerospace and tech hub.
Residential development in Palm Bay continues, with annexed land in recent years.
For brand-new construction at a great price, Palm Bay is unbeatable.
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Nearby West Melbourne tech sector provides an array of employment opportunities
Palm Bay’s growth is directly related to its proximity to the employment hub in neighboring West Melbourne. Several Northrop Grumman facilities anchor a collection of companies concentrated around the Melbourne Orlando International Airport, another major employer, about 6 miles away. Other companies represented include Lockheed Martin, Boeing, Raytheon, Collins Aerospace and L3Harris, a technology firm and defense contractor headquartered in West Melbourne. “Palm Bay is a place where people move who either work remotely or work in West Melbourne,” Brown says. “It’s more of a bedroom community, even though it is massive.”
As employment opportunities bring more residents to Palm Bay, the city has responded by annexing land for mixed-use development projects. The signature project is Ashton Park, located just east of Interstate 95 along the county’s tech corridor. Plans for the $2.5 billion project include 6 million square feet of commercial space, with more than 1 million set aside for a 50-acre downtown district, and approximately 3,700 single-family homes. Construction is slated to begin in 2025.
Palm Bay's growth is linked to its proximity to the employment hub in West Melbourne.
Several Northrop Grumman facilities anchor a cluster of companies near Palm Bay.
A major employer in Palm Bay is the Melbourne Orlando International Airport.
Palm Bay has annexed land for mixed use development, highlighted by Ashton Park.
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Demand is strong as homebuyers are attracted to lower prices
Residential expansion is evident in the many new communities. “There’s a lot of new construction in Palm Bay and more and more developments with an HOA, which was not a thing in the past here,” says David Jelinek, a broker associate with EXP Realty. Model homes line densely populated but walkable streets in these communities. Older housing is an eclectic mix of single-family homes spread throughout the city in non-HOA settings, many of them featuring spacious lots. Even some of the post-2000 homes are free of HOA fees and restrictions. The city also offers settings that cater to 55-plus and equestrian communities.
One thing to keep in mind when buying a home is that certain areas are not connected to city water and sewer. Home prices range from the low $200,000s to the low $900,000s. Condos and townhouses are concentrated on the city’s northeast side in proximity to the Indian River. Prices range from the low $100,000s for an inland option to the mid-$600,000s for a riverfront unit. The city’s median sales price is about $350,000, lower than the national median of $420,000. “Demand is very strong, and prices are modest in Palm Bay,” says Jelinek, who has been selling homes in Brevard for 36 years. “People are attracted to it because prices are lower than other cities in Brevard County.”
In neighboring Melbourne, the median sales price exceeds $400,000. Property taxes do tend to be higher, though, because the mostly residential city does not have a dedicated business sector contributing to the tax base. Palm Bay has traditionally avoided major flooding. However, the remnants of Hurricane Milton recently forced 467,000 gallons of sewage out of a broken sewer pipe and into neighborhood waterways. The incident prompted calls for infrastructure improvements amid continued growth. Insurance rates are likely to reflect the risk of severe weather, especially during hurricane season.
A beautiful new contemporary home reflects the residential expansion in Palm Bay.
Many older homes in Palm Bay offer spacious lots and no HOA.
Condos and townhouses are concentrated on Palm Bay's northeast side, near the Indian River.
People are drawn to Palm Bay homes due to their modest prices.
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Fred Poppe Regional Park, Turkey Creek Sanctuary are recreational highlights
More than two dozen parks and recreational centers are spread across the city. Fred Poppe Regional Park is a 200-acre green space on the city’s western edge that is the center of organized youth activity for baseball, softball and soccer. Its diverse amenities also include a disc golf course, a dog park and four lakes for fishing. The park is also home to the Ted Whitlock Community Center and hosts signature annual events such as the Strawberry Festival and Christmas Extravaganza. The coastal side of the city features several shorefront parks along the Indian River Lagoon. For more rural recreation, Turkey Creek Sanctuary Park is a city attraction that features almost 2 miles of boardwalk through natural habitats. Visitors can also take advantage of Blackwater Creek for fishing and kayaking. Oceanside parks offer more waterfront activity on the nearby barrier island of Melbourne Beach. However, easy access to the coast is limited in much of Palm Bay. “It’s kind of land-locked,” Brown says. “Depending on where you live in Palm Bay, it might take 45 minutes to get to the beach.”
Fred Poppe Regional Park is a 200-acre green space on Palm Bay's western edge.
Fred Poppe Regional Park offers a wide variety of activities for Palm Bay residents.
Visitors to Turkey Creek Sanctuary in Palm Bay often spot manatees and turtles.
Blackwater Creek is a great spot for Palm Bay residents to enjoy kayaking.
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Classical Academy charter school is rated A-minus
Classical Academy is the city’s highest-rated institution. The K-12 public charter school, rated A-minus by Niche, follows a classical education curriculum with an emphasis on “virtuous living, traditional learning and civic responsibility.” Most of the city’s schools are rated between B and B-plus. Brevard County offers limited school choice. One of the six schools to which eligible students can transfer is West Melbourne Elementary School of Science, a K-6 institution that earns an A-minus from Niche.
Pineapple Cove Classical Academy is the top-rated institution in Palm Bay.
West Melbourne Elementary School earns an A- score from niche.
The mission of Palm Bay Elementary School is to provide authentic learning experiences.
The large entrance to Bayside High School welcome students to class.
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Nearby downtown Melbourne is a popular gathering place
Shopping and dining options are found primarily at shopping centers and strip malls. Big-box retailers, grocery stores and restaurants are concentrated along the Interstate 95, Palm Bay Road and Babcock Street commercial corridors. Waterfront dining is available on the riverfront. The city does not have a formal downtown area, but Melbourne’s downtown district is a popular draw. “It’s very historic in its architecture and aesthetic, but it has tons of little cool shops, restaurants and bars,” Brown says. “My husband and I like to go there on a Saturday for a beer and have something to eat. It’s a great place to go.”
Shopping and dining options in Palm Bay are primarily found in strip malls.
Big box retailers and grocery stores are primarily located along Interstate 95 in Palm Bay.
Waterfront dining is available along the riverfront in Palm Bay.
Enjoy brick oven style pizza from Mister 01 in Downtown Melbourne.
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Growth has created traffic problems
The biggest issue to arise from the city’s rapid and ongoing growth is traffic. The city is expected to extend Saint Johns Parkway to help alleviate traffic, but the city does not have the transportation infrastructure to effectively support its expanding population. It is not particularly bike- or pedestrian-friendly, and public options are limited to Space Coast Area Transit buses and carpool programs. Interstate 95, which runs through a portion of the city’s northeast side, provides access to Melbourne and other cities along the coast. Health First’s Palm Bay Hospital is the primary medical center. It is located about a mile east of I-95.
Crime
According to the latest numbers from the FBI's Crime Date Explorer, the rates of violent crime and property crime have held steady from 2021 through 2023. Violent crime remains somewhat higher than the national average, while property crime is significantly lower.
Written By
Matt Pallister
Photography Contributed By
Joseph Van Bemmel
Video By
Matt Ferguson
Interested in learning more about homes in this area?
Reach out to
Mette Seaton,
an experienced agent in this area.
On average, homes in Palm Bay, FL sell after 59 days on the market compared to the national average of 53 days. The median sale price for homes in Palm Bay, FL over the last 12 months is $335,000, up 5% from the median home sale price over the previous 12 months.
This stunning, move-in-ready VACANT Carlisle Model by Lennar is located in a quiet, FULLY-BUILT GATED COMMUNITY with no ongoing construction and sits on a PREMIUM WATERFRONT LOT. This upgraded two-story home features 4 bedrooms, 3 bathrooms, 2,610 sq. ft. of living space, an upstairs loft/bonus room, and a first-floor flex room with a closet—perfect as a 5th bedroom or home office. Enjoy tranquil
Welcome to 531 Breakwater St SE — a beautifully maintained, CBS home built just two years ago! This home is loaded with upgrades you won't find in most new homes on the market. Enjoy 9' ceilings, crown molding, colonial baseboard, upgraded ceramic plank tile flooring and tray ceilings that add a touch of sophistication. The open-concept kitchen features designer wood cabinetry with 42'' upper
Don't wait to build—this stunning 4-bedroom, 2-bath home is better than new! Lightly lived in as a second home, it features an open-concept, split floor plan with tile flooring throughout the main living areas and like-new carpet in the bedrooms. The modern kitchen boasts stainless steel appliances, a large island, beautiful quartz countertops, and two pantries for ample storage. Enjoy thoughtful
This stunning, move-in-ready VACANT Carlisle Model by Lennar is located in a quiet, FULLY-BUILT GATED COMMUNITY with no ongoing construction and sits on a PREMIUM WATERFRONT LOT. This upgraded two-story home features 4 bedrooms, 3 bathrooms, 2,610 sq. ft. of living space, an upstairs loft/bonus room, and a first-floor flex room with a closet—perfect as a 5th bedroom or home office. Enjoy tranquil
Charming Townhouse in the Heart of Palm Bay!Welcome to this beautifully maintained 2-bedroom, 1.5-bath townhouse offering 1,156 square feet of comfortable living space. Kitchen countertops updated with Quartz countertops and whole home water purifier!Perfectly situated in a quiet, well-kept community, this home features a spacious layout with abundant natural light, a functional
Welcome home to this elegant 4 bedroom, 2 bathroom residence in the highly desirable gated community of St Johns Preserve. Filled with natural light and high ceilings, this home offers an open concept layout perfect for modern Florida living. The gourmet kitchen features quartz countertops, 42 inch shaker cabinetry, and a large island overlooking the spacious family room. The primary suite
Back on Market - Tenants plans Changed - Welcome to this gorgeous LIKE-NEW and Large rental located in the sought-after GATED community of Cypress Bay Preserves — a beautifully planned community in the up-and-coming EMERALD LAKES with a clubhouse, pool, and playground. Built in 2022, this 4-bedroom, 2-bathroom home offers peaceful lake views and a thoughtfully designed split floor plan
Welcome Home to this beautifully remodeled 2/2 townhome in a great location!Light floods this amazing floor plan with 2 large sliders allowing to bring the outside in.To get to your front door you walk through your fully fenced private courtyard oasis shaded by a giant oak tree.Kitchen is open and flows nicely into the living space. Kitchen is equipped with 2 pantries , tons of
This beautifully appointed single-family home is available for immediate lease and comes fully furnished, complete with all kitchen essentials including utensils, pots, pans, and dishes. Featuring new energy-efficient Whirlpool appliances, granite countertops, and an attached two-car garage, the home combines style with functionality. The spacious primary suite, inviting dining area, and
Access ocean, rivers and creeks from Port Malabar
From the teal waters of the Atlantic Ocean to the blackwater creeks of coastal marshes, Port Malabar lets residents explore Florida’s natural landscape from the comfort of a small suburb. This neighborhood within the city of Palm Bay has no shortage of aquatic recreation, says Lauren Merrell, a local who’s also a Realtor at Dale Sorensen Real Estate Inc., “In almost every resident's life, there’s some version of water activity.” That may mean an afternoon water skiing on the Indian River Lagoon or a gentle kayak journey through the mangroves of Turkey Creek. The neighborhood is part of the Space Coast, a nickname for Brevard County that recognizes the importance of the aerospace industry in the region. NASA’s Kennedy Space Center is 45 miles north of Port Malabar, with other technology companies and manufacturers up and down the coastal county. Port Malabar is within commuting distance of these high-tech employers, while maintaining access to the varied waterfront recreation of Florida’s east coast.
Mediterranean-influenced architecture on the Space Coast
Port Malabar’s 9,000 houses are concentrated in subdivisions that extend off the arterial roadways Babcock Street and Palm Bay Road. Bungalows and ranch homes often display Mediterranean influences, such as stucco exteriors and tile roofs. Home development surged in the 1960s as the height of the space race, but new construction continues today. Single-family home prices start in the high $100,000s for a three-bedroom house, extending to the low $600,000s for a newly built four-bedroom home. Small condo and townhouse developments are common too, and they often come with community swimming pools. Prices for condos or townhouses range between $100,000 and $400,000. FEMA rates the risk of a hurricane in Brevard County as “very high,” and the high winds and floodwaters brought by Hurricane Ian in 2022 caused $14 million worth of damages. Though the federal agency reports the neighborhood isn’t in a flood zone, Palm Bay roads do occasionally flood after heavy rains, which happened on Babcock Street in 2023.
Paddle from Port Malabar to the Indian River
On the east end of Port Malabar, Turkey Creek Sanctuary hosts a launch point for kayakers and canoers amid the 130-acre nature preserve. If they paddle along the canopied waterway, they may see manatees or otters by the time they reach the mouth of the Indian River. In the heart of the neighborhood, Grapefruit Trails features nearly 3 miles of tracks for mountain bikers. Meanwhile, Fred Lee Park hosts the typical amenities of a municipal park, including a playground, a football field and softball fields. If residents get bored of the recreation options in their neighborhood, a day trip to Melbourne Beach is less than 10 miles away.
Palm Bay Magnet High at robotics world championship
Zoned to Brevard Public Schools, children may start their education at Port Malabar Elementary School, which earns a Niche grade of B. Older students can go to Southwest Middle School and Palm Bay Magnet High School, both receiving grades of B-minus. Keeping with the region’s high-tech history, Palm Bay Magnet High has an award-winning robotics team that competed in the VEX Robotics World Championship in 2023. Port Malabar is also home to Saint Joseph Catholic School, a private school for kindergarteners through eighth graders that gets an A-plus from Niche.
Twisty Cone scoops desserts for 40 years
Babcock Street and Palm Bay Road are each lined with shops and restaurants that include big-box stores, national chains and local businesses. An example of the latter is Skeebo’s Soul Food Kitchen, recognizable by the smoker that sits in front of the restaurant. On the opposite end of Port Malabar sits the family-owned ice cream shop Twisty Cone, which has doled out soft-serve cones since 1982. “Twisty Cone hasn’t changed much in the last 40 years,” says Merrell, adding that it was a roadside staple when she was a kid. Next to Twisty Cone are retail essentials such as Walmart and Lowe’s Home Improvement, while groceries can be picked up at Port Malabar’s Publix and Winn-Dixie. The neighborhood is also close to HealthFirst Palm Bay Hospital.
Major employers and the city of Orlando nearby
Palm Bay residents mostly use cars to commute to work. Next to Port Malabar is an office for L3Harris Technologies Inc., a locally headquartered technology company with more than 7,000 employees working in the county. Space Coast Area Transit has buses that stop along Palm Bay Road and Babcock Street, offering an alternate way to reach nearby shopping centers. Melbourne Orlando International Airport is 5 miles to the north. However, Orlando International Airport, about 60 miles away, offers more than 100 additional destinations.
Annual festivals at Fred Poppe Regional Park
Seven miles west of Port Malabar, the city of Palm Bay hosts annual festivities at Fred Poppe Regional Park. In February, locals feast on fruit-filled treats at the Strawberry Fest, while in March the park is home to live music, dancing and food from around the world during the Palm Bay Multicultural Festival.
Bayside Lakes offers seclusion, privacy and amenities within walking distance. A gated, master-planned community in Southeast Palm Bay, the development is home to grocery stores, dining, parks and highly ranked schools. “Bayside Lakes is a quiet, bedroom-type community where you have what you need, and everything else you might need is close by,” says Steve Stylianos, a Broker Associate with Century 21 Baytree Realty. “The vibe is laid-back, and everyone looks out for each other. We help everybody out.” Florida’s Space Coast beaches are 16 miles east, and acres of nature preserves blanket the city’s eastern side. Proximity to the Patrick Space Force Base and defense and aerospace businesses like Northrup Grumman and Collins Aerospace are also luring homebuyers. “Palm Bay and Melbourne are beginning to attract a lot of young engineers who work for Space X and NASA and commute,” says Stylianos.
Palms and a canopy of hardwood hammocks blanket the gated enclave. Walkways wind around multiple lakes and green spaces. Bayside Lakes features various gated subdivisions. Architecture styles include Craftsman-style, ranch-style and custom homes. “Bayside Lakes is a good place to start and offers a nice balance of young professionals and retirees,” says Stylianos. Most were built in the early 2000s, but there’s also new construction. Prices range from the high-$200,000s for a three-bedroom to the low-$800,000s for a renovated or new four- or five-bedroom. Property size averages between 1,300 and 3,500 square feet. “Bayside Lakes is affordable in the overall scheme of Florida,” says Stylianos. “You’re close enough to the beach but saving money on insurance. When the hurricanes come, you’re not evacuating, so it gives you that safety.” Each subdivision offers water views and mature trees. The Lake Forest subdivision sits at the highest price point, and Fairway Isles is one at the lowest price point. Lot sizes are large, averaging a quarter acre, but some stretch more than a half acre. Most dwellings have multicar garages and in-ground pools. Townhouses are available in the Fairway Crossings subdivision, offering two- to four-bedrooms ranging from the mid-$200,000s to the high-$300,000s. Community amenities include a clubhouse, basketball and tennis courts, a pool, a playground and a gym. Bayside Lakes has a CAP Crime Index Score of 2/10, lower than the national average of 4.
Brevard County Schools serves the area, which has a B-plus rating from Niche. Kids can attend the B-rated Westside Elementary, which offers a running club, followed by Southwest Middle, which earns a B-minus. Students can finish their education at Bayside High School, which scores a B and provides two magnet programs: Bayside Engineering and Technology Academy and Bayside Fine and Technical Arts Academy. The high school also offers soccer and cross-country teams. Parents can also send their children to the B-plus-rated Odyssey Charter School, a tuition-free public charter school with two campuses serving elementary-age students and those in junior and senior high.
Anchored by Publix, Bayside Lakes Shopping Center is within the community, along Bayside Lakes Boulevard. The shopping strip also offers Dollar Tree, a bank, Walgreens and fast-food chains. “The shopping center has everything you need, including all kinds of local restaurants,” says Stylianos. Family Tradition Café is a favorite for breakfast classics and southern comfort food. Thai Bayside Restaurant is known for its drunken noodles, Pad Thai and curries. Pub chain Beef O Brady’s is the go-to spot for a night out with Irish fare, sports memorabilia and TVs showing the latest game. Hammock Landing offers big-box stores and other dining options 7 miles away.
There are several parks outside of Bayside Lakes amenities. Bill Madden Park is 2 miles away and offers a playground, pavilion and 6 acres of picnic space. McGriff Park is 2 miles away and is the go-to spot for skateboarding and BMX riding. The 200-acre Fred Poppe Regional Park is 7 miles west and one of the most popular recreational sites in the city. It includes a community center, soccer and softball fields, volleyball courts, a disc golf course and a dog park. The park also has four fishing lakes and trails leading into Three Forks Conservation and the Thomas O. Lawton Recreation areas. These nature preserves surround the city’s western side, and the combined 47,000-acre properties are popular for fishing, boating and hiking. “It’s not in Bayside Lakes, but Turkey Creek is really nice,” says Carol Daly, Communications Manager for Fairway Isles at Bayside Lakes and resident for 15 years. An 8-mile drive, Turkey Creek Sanctuary is a 130-acre refuge is home to native Florida plants and wildlife and is a popular hiking and kayaking destination.
Some subdivisions in Bayside Lakes host celebrations. “We have twice yearly neighborhood yard sales, which bring everyone together,” Dally says. Fairway Isles also hosts an annual Oktoberfest, a Trunk or Treat and a Christmas Dinner. The clubhouse is also a hub for events. Several churches are within the community, including Grace Bible Church, New City Church Palm Bay and River of Life Christian Center of Palm Bay, FL.
Interstate 95 is 4 miles east of the community, connecting to State Road 507 and County Road 514. These routes provide access to the rest of the area. The city riverfront is 10 miles away, Downtown Melbourne is 12 miles away, and Melbourne Orlando International Airport is 12 miles north. Space Coast Area Transit provides public transportation, and bus stops are up and down Bayside Lakes Boulevard and Cogan Drive. Health First’s Palm Bay Hospital is the closest medical facility, 6 miles away.
Property Mix - Square Feet
Palm Bay Has More Owners
Demographics
Total Population
131,587
Median Age
42
Population under 18
22.6%
On par with the national average
23.8%
Population over 65
21.3%
On par with the national average
19.1%
Finances
Median Household Income
$56,584
Significantly below the national average
$71,702
Average Household Income
$72,882
Education and Workforce
High School Graduates
89.1%
College Graduates
21%
Below the national average
34.1%
Advanced Degrees
7.2%
Below the national average
13.3%
% Population in Labor Force
60.8%
Weather
Annual Precipitation
51''
Average Winter Low Temperature
54°F
Average Summer High Temperature
91°F
Annual Snowfall
0''
Area Factors
Bikeable
Bike Score®®
52/ 100
Car-Dependent
Walk Score®®
26/ 100
Source: Walk Score
Source: Walk Score
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.