Homes for Sale Under $300K in Palm Bay, FL

By Jon Brooks, Co-Founder, Momentum Realty · Updated October 2, 2026

This page tracks every Palm Bay listing with an asking price under $300,000, by community, with live counts and asking prices. Prices are asking prices from the MLS, not values, and the list changes with every refresh.

483 homes listed under $300,000 are for sale or pending in Palm Bay, FL today across 157 communities. The median asking price is $255,990, from $35,000 to $299,999. Listings in Palm Bay without that feature have a median of $368,945. Most listings right now: Port Malabar Unit 42 (20), Port Malabar Unit 13 (13), Port Malabar Unit 44 (12). Updated October 2, 2026 from the MLS.

First-time buyers: what Palm Bay costs at the entry level

304 active single-family homes, townhomes and condos at or below $300,000 — median $264,000, about $1,660/mo principal & interest at 6.95% with 5% down. Live from the MLS, refreshed nightly.

What the payment looks like

Purchase price	P&I at 6.95%, 5% down	P&I, 20% down	Cash to close at 5% down (est.)
$150,000	$943	$794	$12,000
$200,000	$1,258	$1,059	$16,000
$250,000	$1,572	$1,324	$20,000
$300,000	$1,887	$1,589	$24,000

Estimates only; taxes, insurance, HOA and mortgage insurance are on top. Closing costs assumed at 3%.

Down-payment assistance in Brevard County · First-time buyer guide

Palm Bay homes under $300K by community

Click a community for its full guide: prices, HOA reality, insurance posture and the homes for sale. The 60 communities with the most homes under $300K listed are tabled; the rest follow.

Community	Homes Under $300K	New build	Median list	From
Port Malabar Unit 42	20	0	$251,000	$175,000
Port Malabar Unit 13	13	0	$282,500	$219,990
Port Malabar Unit 44	12	0	$267,500	$235,000
Port Malabar Holiday Park Unit 1	12	2	$135,000	$75,000
Port Malabar Unit 25	11	3	$279,900	$241,982
Port Malabar Unit 50	10	0	$277,400	$219,900
Port Malabar Unit 48	9	0	$270,000	$225,000
Port Malabar Country Club Unit 6	9	0	$260,000	$237,500
Port Malabar Unit 32	9	1	$259,999	$165,000
Port Malabar Unit 18	9	1	$250,000	$200,000
Port Malabar Unit 2	9	0	$240,000	$185,000
Palm Bay Estates Mobile Home Park Co/Op of Tropic	9	0	$155,000	$64,000
Port Malabar Unit 36	8	3	$276,000	$259,990
Port Malabar Unit 11	7	0	$279,900	$200,000
Port Malabar Unit 16	7	1	$264,932	$129,000
Port Malabar Unit 7	7	0	$239,000	$225,000
Port Malabar Holiday Park Unit 1 1st Replat	7	0	$124,077	$94,900
Port Malabar Unit 20	6	1	$272,450	$239,900
Port Malabar Unit 9	6	0	$270,000	$224,900
Port Malabar Unit 12	6	0	$269,450	$175,000
The Timbers at Everland	6	3	$249,663	$249,000
Port Malabar Unit 19	6	0	$235,000	$219,000
Port Malabar Unit 59	6	0	$233,950	$210,000
Port Malabar Unit 4	6	0	$227,400	$179,900
Vista Oaks West	6	0	$173,950	$133,000
Port Malabar Unit 49	5	5	$295,000	$294,000
Richmond Cove	5	5	$290,990	$284,990
Port Malabar Unit 24	5	3	$289,900	$224,900
Port Malabar Unit 14	5	0	$259,900	$218,000
Port Malabar Unit 15	5	0	$250,000	$230,000
Port Malabar Country Club Unit 7 Pt of Second Repl	5	0	$175,000	$110,000
Windsor Park Townhomes	5	0	$174,000	$145,000
Palm Bay Colony Sec 1	5	0	$150,000	$144,800
Port Malabar Unit 50	4	0	$285,950	$239,999
Port Malabar Unit 55	4	0	$277,499	$189,900
Port Malabar Unit 10	4	0	$267,000	$244,995
Port Malabar Unit 26	4	0	$259,450	$160,000
Port Malabar Country Club Unit 7 First Replat of	4	0	$172,450	$159,990
Arlington Pines Townhouses As Desc In Orb 3489 Pg	4	0	$143,000	$115,000
Country Gardens I Condo	4	0	$139,450	$80,000
Palm Bay Colony Sec 2	4	0	$130,000	$115,000
Brentwood Lakes Phase III	3	0	$289,000	$279,000
Port Malabar Unit 46	3	1	$285,000	$240,000
Waterstone Plat 1 PUD	3	0	$284,900	$256,500
Port Malabar Unit 17	3	0	$264,000	$195,000
Port Malabar Country Club Unit 8	3	0	$250,000	$239,900
Port Malabar	3	0	$241,900	$200,000
Port Malabar Country Club Unit 4	3	0	$220,000	$197,500
Kaia Residence	3	0	$220,000	$109,900
Port Malabar Country Club Unit 7	3	0	$190,000	$182,000
Vista Oaks	3	0	$189,000	$165,000
Shire The	3	1	$180,000	$139,000
Palm Bay Colony Sec 3	3	0	$145,000	$100,000
Port Malabar Unit 36	2	2	$299,990	$299,990
Port Malabar Unit 1	2	2	$299,939	$299,888
Port Malabar Unit 6	2	0	$294,900	$289,900
Parkside West	2	0	$294,900	$289,900
Port Malabar Unit 16	2	0	$294,450	$289,000
Port Malabar Unit 22	2	1	$292,400	$284,900
Port Malabar Unit 8	2	0	$292,400	$284,900

Also with homes under $300K for sale

Fairway Isles at Bayside Lakes Phase 2 (2)
Port Malabar Unit 28 (2)
Port Malabar Unit 11 (2)
Port Malabar Unit 06 (2)
Port Malabar Unit 31 (2)
Port Malabar Unit 24 (2)
The Castaway Cove Condo (2)
Bimini Bay (2)
Port Malabar Unit 23 (2)
Players Club at Bayside Lakes Phase 3 (2)
Hiawatha Gardens (2)
Tillman (2)
Port Malabar Unit 14 (2)
Port Malabar Country Club Unit 5 1st Replat (2)
Port Malabar Unit 39 (2)
Port Malabar Unit 39 (2)
Palm Gardens Townhomes (2)
Port Malabar Unit 42 (2)
Port Malabar Unit 29 (2)
Castaway Shores Condo Ph I (2)
Fairways of Brev. Condo Plan No 1 (2)
Woodside at Port Malabar Condo (2)
Palm Bay Colony Sec 4 (2)
Port Malabar Holiday Park Unit 2 (2)
The Palms Condominium (2)
Port Malabar Unit 45 (1)
Palm Bay Homes Subd (1)
Fairway Crossing Townhomes (1)
Courtyards At Sandy Pines Preserve Ph 01 (1)
Port Malabar Unit 20 (1)
Reserve At Country Club Lakes Estates (1)
Reserve at Country Club Lakes Estates (1)
Port Malabar Unit 18 (1)
Fairway Isles at Bayside Lakes Phase I (1)
Pine Walk Manor (1)
Brentwood Lakes Pud Phase Iii (1)
Gardens At Waterstone Phase 1 (1)
Port Malabar Unit 26 (1)
Port Malabar Unit 49 (1)
Port Malabar Unit 37 (1)
Chaparral PUD Phase Three B (1)
Cypress Bay West (1)
Bridgewater at Bayside Lakes Ph 2 (1)
Port Malabar Unit 28 (1)
Hiawatha Gardens (1)
Port Malabar Unit 30 (1)
Port Malabar Unit 08 (1)
Port Malabar Unit 37 (1)
Sandy Pines Preserve Phase 3 (1)
Gulfport Key (1)
Port Malabar Unit 48 (1)
Port Malabar Un 26 (1)
Sandy Pines Preserve Phase 1 (1)
Bayridge (1)
Courtyards at Sandy Pines Preserve Phase 2 (1)
Port Malabar Unit 5 (1)
Port Malabar Unit 25 (1)
Port Malabar Unit 21 (1)
Chaparral Pud Ph Two (1)
Bear Crk Pud Ph One (1)
Sleepy Hollow (1)
Fairview Resubd (1)
Port Malabar Unit 19 (1)
Port Malabar Unit 56 (1)
Sandy Pines Preserve Phase 2 (1)
Courtyards At Sandy Pines Preserve Phase 1 (1)
Port Malabar Unit 1 4th Replat (1)
Courtyards at Sandy Pines Preserve Phase 1 (1)
Port Malabar Unit 59 (1)
Timbers at Everlands Phase 2 (1)
Port Malabar Country Club Unit 1 1st Replat In (1)
Port Malabar Country Club Unit 07 (1)
Port Malabar Unit 1, Replat Of Pt Of (1)
Port Malabar Unit 5 1st Replat (1)
Cedar Side II Condo (1)
Port Malabar Unit 07 (1)
Port Malabar Country Club Unit 5 (1)
Port Malabar Unit 46 (1)
Cedar Side Condo Ph I (1)
Port Malabar Unit 15 (1)
Windsor Park Townhomes (1)
Port Malabar Unit 43 (1)
Port Malabar Unit 29 (1)
Powells Subd (1)
Tillman Plat of (1)
Part of SE 1/4 of NE 1/4 As Des (1)
Oakwood Village (1)
Port Malabar Country Club (1)
Palm Bay Colony Sec 01 (1)
Port Malabar Holiday Park Unit 01 (1)
Port Malabar Country Club Unit 09 (1)
Fairways/Brevard Plan 1 Condos (1)
Vista Oaks West (1)
Palm Bay Club Condominium (1)
Shire (1)
Valentine Estate Subd (1)
Country Gardens II Condo (1)

What under $300,000 buys and what to check

In this price band the differences between listings are usually age, size and condition rather than location alone, so read each listing’s year built, square footage and property type (a condo or manufactured home and a single-family home can sit at the same price with very different monthly costs). Budget the full monthly number, not the price: taxes, insurance, and HOA or CDD fees are all on each listing page, and our true cost of ownership calculator puts them into one figure. Insurance quotes on older roofs and older electrical can change which of two similar homes is actually cheaper.

Questions to ask about any listing in this band

How old is the roof, and will insurers write it? Is there a four-point inspection on file? What did the seller pay for insurance last year? In a condo, what are the dues, is there a special assessment or milestone inspection pending, and what do the reserves look like? Is the price a recent reduction, and how long has it been listed? A local agent who works the area will know which communities in this band have the fewest surprises at inspection.

Common questions

How many homes listed under $300,000 are for sale in Palm Bay?

As of October 2, 2026, 483 Palm Bay, FL listings whose MLS record reports an asking price under $300,000 are active or pending, across 157 communities. The count updates with every MLS refresh.

What do homes under $300K cost in Palm Bay?

The median asking price today is $255,990, with listings from $35,000 to $299,999. Palm Bay listings without that feature have a median of $368,945.

Which Palm Bay community has the most homes under $300K for sale?

Port Malabar Unit 42 has the most right now (20), followed by Port Malabar Unit 13 (13), Port Malabar Unit 44 (12), Port Malabar Holiday Park Unit 1 (12).

What is the monthly payment on a home under $300,000?

At today’s rates with 20% down, principal and interest on a $300,000 purchase runs in the $1,500–$1,700 a month range before taxes, insurance and any HOA; each listing page shows the property tax and fees for that home, and the true-cost calculator linked above turns them into one monthly number.

Keep exploring Palm Bay

Homes Under $300K in nearby Brevard County cities

Melbourne homes under $300K (285 for sale)
Titusville homes under $300K (233 for sale)
Cocoa homes under $300K (204 for sale)
Cape Canaveral homes under $300K (73 for sale)
Rockledge homes under $300K (65 for sale)
Merritt Island homes under $300K (60 for sale)
Barefoot Bay homes under $300K (59 for sale)
Cocoa Beach homes under $300K (46 for sale)

Live data: Space Coast MLS, Stellar MLS, refreshed with every MLS pull; this page rebuilds on every ship. Community-level aggregates only: active and pending residential listings in Palm Bay, FL whose MLS record reports an asking price under $300,000. Prices are asking prices, not values. Property features and prices only; nothing on this page describes residents. Equal Housing Opportunity.

Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Listings courtesy of Stellar MLS as distributed by MLS GRID.