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Northeast Palm Bay Multifamily Home for Sale

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    $1,300,000

    • 3,296 Sq Ft

    826 Hunan St NE, Palm Bay, FL 32907

    Gentle Hand ALF is a fully licensed, turnkey assisted living facility that is currently operational and generating steady income. This 4 bedroom home is approved for six residents beds and has undergone several hundred thousand dollars in recent renovations, including a full fire alarm and suppression system, backup generator, and all infrastructure required for regulatory compliance. Each of the

    Cody Spaur Landshark Realty

    826 Hunan St NE, Palm Bay, FL 32907

Why Live in Northeast Palm Bay

Northeast Palm Bay offers a quiet suburban lifestyle with a variety of home styles, from late 20th-century ranch-style houses to contemporary builds with open layouts. Most homes sit on moderately sized lots adorned with decorative trees like palms. The neighborhood is known for its affordable housing compared to nearby areas such as Melbourne and Viera, and many properties are owner-occupied. While some homes are part of HOAs, many are not, appealing to those who prefer fewer restrictions. Streets are narrow and often lack sidewalks, but residents benefit from paved driveways and attached garages. Outdoor enthusiasts have plenty of things to do, including biking at the Grapefruit Bike Trails, fishing at Castaway Point Park, and exploring the Turkey Creek Sanctuary. Fred Lee Park offers playgrounds and sports fields, while the Indian River provides opportunities for kayaking and sunset views. Local amenities include Sprouts Farmers Market and the Hammock Landing shopping center, which features retail stores and supermarkets like Publix. Dining options are diverse, with Copper Chimney Grill & Bar and Jamrock Bar & Grill offering American and Jamaican cuisine, respectively. The Shack Riverfront Restaurant is a popular spot for waterfront dining. The Brevard Public School District serves the area, with schools like Lockmar Elementary and Palm Bay Magnet High offering various programs. Public transportation is limited, so most residents drive, with major employers like L3Harris and ISO Group nearby. Beaches such as Melbourne Beach are about 11.5 miles away, and the Melbourne Orlando International Airport is around 62 miles away.

Home Trends in Northeast Palm Bay, FL

Housing Trends

Median Sale Price
$344,553
Median Single Family Sale Price
$348,490
Average Price Per Sq Ft
$198
Number of Homes for Sale
65
Last 12 months Home Sales
210
Months of Supply
3.70
Median List Price
$364,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
0%
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