$255,000
- 2 Beds
- 2 Baths
- 1,394 Sq Ft
620 Remington Green Dr SE Unit 105, Palm Bay, FL 32909
Walter Borgen
RE/MAX Signature
(321) 359-7184
6
Palm Bay, FL Multifamily Homes & Duplexes for Sale
-
620 Remington Green Dr SE Unit 105, Palm Bay, FL 32909
-
Explore Palm Bay
-
$629,000
- 8 Beds
- 1 Bath
- 3,480 Sq Ft
3612 Tree Ridge Ln NE, Palm Bay, FL 32905
3612 Tree Ridge Ln NE, Palm Bay, FL 32905John l Realty World Curri Properties
-
$499,000
- 4 Beds
- 3 Baths
- 2,064 Sq Ft
2571 Vernon Dr NE, Palm Bay, FL 32905
2571 Vernon Dr NE, Palm Bay, FL 32905Christine Filiberto Christine Filiberto Real Estat
-
$269,995
- 1,488 Sq Ft
1069 Bacon Cir NE, Palm Bay, FL 32905
1069 Bacon Cir NE, Palm Bay, FL 32905Adam Von Romer CCIM Axis Realty Advisors, INC
-
-
$1,300,000
- 3,296 Sq Ft
826 Hunan St NE, Palm Bay, FL 32907
826 Hunan St NE, Palm Bay, FL 32907Cody Spaur Landshark Realty
Why Live in Palm Bay
Palm Bay's Turkey Creek Sanctuary provides a serene escape with boardwalks and trails where residents regularly spot manatees and native wildlife. The Indian River Lagoon creates abundant opportunities for fishing, boating, and kayaking, while Castaways Point Park features fishing piers and stunning waterfront views. The city maintains extensive recreational facilities including Palm Bay Regional Park, Fred Poppe Regional Park, and the Palm Bay Aquatic Center with its pools and water slides. Local dining ranges from waterfront seafood at The Shack Riverfront Restaurant to authentic Italian at Trattoria Bella, known for tableside four-cheese pasta preparations.
The housing market in Palm Bay presents diverse options across several neighborhoods. The median price for single family homes is $340,000, with variations by area: Bayside Lakes commands $365,000, while Bayfront Village homes typically list at $270,000. Condominiums start at a median price of $131,000 for one bedroom units and $154,900 for two bedrooms. Townhomes have a median price of $199,300.
Property taxes in Palm Bay remain competitive at 0.7%, matching neighboring Melbourne and West Melbourne. Florida residents benefit from no state income tax and a combined sales tax rate of 6.95%. The education system includes several highly rated private schools such as Holy Trinity Episcopal Academy and Saint Joseph Catholic School, both rated A plus by Niche. Melbourne Senior High School, rated A minus, serves the Northwest Palm Bay neighborhood. The city connects to major employment centers via I-95 and US-1, with Melbourne Orlando International Airport 20 minutes away and Orlando International Airport approximately one hour from Palm Bay.
Home Trends in Palm Bay, FL
On average, homes in Palm Bay, FL sell after 70 days on the market compared to the national average of 52 days. The median sale price for homes in Palm Bay, FL over the last 12 months is $328,900, consistent with the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$328,900
Median Single Family Sale Price
$335,000
Median Townhouse Sale Price
$190,000
Median 2 Bedroom Sale Price
$151,230
Median 1 Bedroom Sale Price
$112,500
Average Price Per Sq Ft
$195
Number of Homes for Sale
1,323
Last 12 months Home Sales
3,453
Months of Supply
4.60
Median List Price
$345,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
0%
Popular Home Searches in Palm Bay, FL
In Palm Bay, many buyers are drawn to outdoor-friendly features, single-level homes, and low-maintenance lots.
- Want room to spread out? Search for properties with acreage or located on a cul-de-sac.
- Looking for one-level living? Explore single-story homes or spacious ranch-style homes.
- Beat the Florida heat? Browse listings with pools or built-in air conditioning.
- Buying your first home? Consider fixer-uppers or manufactured homes as budget-friendly options.
- Love to entertain? Find homes with a kitchen island or a covered patio for hosting guests.
In Palm Bay, there are currently 6 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $255,000 to $1,300,000, there's a range to accomodate every budget. As of September, 2025 the median home price in Palm Bay is $345,000, while the average sale price is $331,761, offering insights into the local housing market. On average, multi-family homes spend 70 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Palm Bay, FL.
Palm Bay Types of Homes for Sale
Palm Bay Real Estate Listings
More About Living in Palm Bay
Popular Searches in Palm Bay
Homes in Nearby Neighborhoods
Homes in Nearby Cities
Homes in Nearby Counties
Copyright © 2025 CoStar Group
