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

By Jon Brooks, Co-Founder, Momentum Realty · Updated November 11, 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.

508 homes listed under $300,000 are for sale or pending in Palm Bay, FL today across 157 communities. The median asking price is $256,000, from $35,000 to $299,999. Listings in Palm Bay without that feature have a median of $364,999. Most listings right now: Port Malabar Unit 44 (18), Port Malabar Unit 42 (18), Port Malabar Unit 50 (14). Updated November 11, 2026 from the MLS.

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

339 active single-family homes, townhomes and condos at or below $300,000 — median $264,000, about $1,699/mo principal & interest at 7.18% with 5% down. Live from the MLS, refreshed nightly.

What the payment looks like

Purchase price	P&I at 7.18%, 5% down	P&I, 20% down	Cash to close at 5% down (est.)
$150,000	$965	$813	$12,000
$200,000	$1,287	$1,084	$16,000
$250,000	$1,609	$1,355	$20,000
$300,000	$1,931	$1,626	$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 44	18	0	$267,450	$235,000
Port Malabar Unit 42	18	0	$259,945	$175,000
Port Malabar Unit 50	14	0	$289,450	$228,999
Port Malabar Unit 13	14	0	$277,450	$219,990
Port Malabar Unit 48	13	0	$287,999	$214,900
Port Malabar Holiday Park Unit 1	13	1	$119,000	$80,000
Port Malabar Unit 16	11	0	$273,900	$199,900
Port Malabar Unit 32	11	1	$265,990	$129,900
Port Malabar Unit 18	10	0	$264,950	$200,000
Port Malabar Unit 11	9	0	$274,500	$190,000
Port Malabar Unit 24	9	3	$269,900	$224,900
Port Malabar Holiday Park Unit 1 1st Replat	9	0	$123,777	$94,900
Port Malabar Unit 25	8	3	$284,900	$249,900
Port Malabar Unit 12	8	0	$277,000	$219,900
Port Malabar Country Club Unit 6	7	0	$260,000	$240,000
Port Malabar Unit 9	7	0	$259,900	$239,900
Harbor Square	7	7	$248,390	$239,390
Port Malabar Unit 14	7	0	$210,000	$199,000
Port Malabar Unit 6	6	0	$289,450	$185,000
Port Malabar Unit 2	6	0	$245,000	$225,000
Port Malabar Unit 7	6	0	$239,500	$229,900
Port Malabar Unit 15	6	0	$227,450	$194,900
Port Malabar Unit 19	6	0	$225,000	$219,000
Vista Oaks West	6	0	$172,000	$133,000
Palm Bay Colony Sec 2	6	0	$135,000	$107,000
Richmond Cove	5	5	$286,990	$274,990
Port Malabar Unit 50	5	0	$279,000	$229,999
Port Malabar Unit 36	5	1	$275,000	$254,900
Port Malabar Country Club Unit 7	5	0	$245,000	$180,000
Port Malabar Unit 59	5	0	$230,900	$219,900
Port Malabar Country Club Unit 7 First Replat of	5	0	$179,900	$149,900
Palm Bay Colony Sec 1	5	0	$139,900	$110,000
Shire The	5	1	$129,900	$100,000
Port Malabar Unit 20	4	0	$272,500	$240,000
Bimini Bay	4	0	$269,450	$225,000
The Timbers at Everland	4	3	$249,331	$247,755
Port Malabar Country Club Unit 7 Pt of Second Repl	4	0	$157,450	$110,000
Palm Bay Colony Sec 4	4	0	$157,200	$149,900
Port Malabar Unit 1	3	3	$297,888	$284,888
Parkside West	3	0	$294,500	$279,000
Brentwood Lakes Phase III	3	0	$290,000	$289,000
Port Malabar Unit 39	3	2	$284,888	$279,900
Port Malabar Unit 36	3	3	$284,888	$279,888
Port Malabar Unit 8	3	0	$276,000	$229,000
Port Malabar Unit 14	3	0	$269,900	$259,900
Port Malabar Unit 24	3	1	$269,900	$260,000
Port Malabar Unit 17	3	0	$264,000	$195,000
Port Malabar Unit 5	3	0	$264,000	$225,000
Port Malabar Unit 25	3	0	$252,000	$249,900
Port Malabar Unit 10	3	0	$245,000	$244,999
Port Malabar Country Club Unit 4	3	0	$220,000	$197,500
Powells Subd	3	1	$200,000	$169,995
Windsor Park Townhomes	3	0	$169,900	$169,900
Country Gardens II Condo	3	0	$157,000	$139,000
Palm Bay Estates Mobile Home Park Co/Op of Tropic	3	0	$155,000	$61,500
Country Gardens I Condo	3	0	$139,000	$70,000
Fairways of Brev. Condo Plan No 1	3	0	$135,000	$120,000
Arlington Pines Townhouses As Desc In Orb 3489 Pg	3	0	$128,000	$115,000
Palm Bay Colony Sec 3	3	0	$100,000	$90,000
Gardens at Waterstone	2	1	$299,379	$299,000

Also with homes under $300K for sale

Port Malabar Unit 18 (2)
Port Malabar Unit 49 (2)
Port Malabar Unit 31 (2)
Brentwood Lakes PUD Phase II (2)
Port Malabar Unit 39 (2)
Port Malabar Unit 55 (2)
Port Malabar Unit 11 (2)
Port Malabar Unit 28 (2)
The Castaway Cove Condo (2)
Port Malabar Unit 46 (2)
Port Malabar Unit 23 (2)
Players Club at Bayside Lakes Phase 3 (2)
Waterstone Plat 1 PUD (2)
Tillman (2)
Kaia Residence (2)
Port Malabar (2)
Port Malabar Unit 12 (2)
Palm Gardens Townhomes (2)
Port Malabar Unit 4 (2)
Port Malabar Unit 26 (2)
Hiawatha Gardens (2)
Port Malabar Unit 42 (2)
Port Malabar Unit 17 (2)
Port Malabar Unit 29 (2)
Vista Oaks (2)
Woodside at Port Malabar Condo (2)
Port Malabar Country Club Unit 07 Pt Rep 02 (2)
Port Malabar Holiday Park Unit 2 (2)
The Palms Condominium (2)
Port Malabar Unit 30 (1)
Chaparral PUD Phase Three A (1)
Reserve at Country Club Lakes Estates (1)
Port Malabar Unit 44 (1)
Brentwood Lakes Pud Phase Iii (1)
Port Malabar Unit 06 (1)
Courtyards At Sandy Pines Preserve Ph 01 (1)
Port Malabar Unit 20 (1)
Port Malabar Unit 13 (1)
Riverwood at Everlands (1)
Palm Bay Homes Subd (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 Un 44 (1)
Port Malabar Unit 41 (1)
Hiawatha Gardens (1)
Pine Walk Manor (1)
Fairway Isles at Bayside Lakes Phase 2 (1)
Port Malabar Unit 45 (1)
Port Malabar Unit 37 (1)
Port Malabar Unit 08 (1)
Port Malabar Unit 10 (1)
Port Malabar Unit 28 (1)
Port Malabar Unit 26 (1)
Port Malabar Country Club Unit 1 (1)
Courtyards at Sandy Pines Preserve Phase 2 (1)
Port Malabar Un Seventeen (1)
Port Malabar Unit 22 (1)
Port Malabar Unit 21 (1)
Chaparral Pud Ph Two (1)
Bear Crk Pud Ph One (1)
Sleepy Hollow (1)
Sandy Pines Preserve Phase 2 (1)
Sandy Pines Preserve Phase 3 (1)
Port Malabar Country Club Unit 2 (1)
Sandy Pines Preserve Phase 1 (1)
Port Malabar Unit 19 (1)
Fairview Resubd (1)
Port Malabar Unit 02 (1)
Timbers at Everlands Phase 2 (1)
Courtyards At Sandy Pines Preserve Phase 1 (1)
Courtyards at Sandy Pines Preserve Phase 1 (1)
Port Malabar Country Club Unit 07 (1)
Port Malabar Unit 07 (1)
Port Malabar Country Club Unit 1 1st Replat In (1)
Port Malabar Unit 5 1st Replat (1)
Port Malabar Country Club Unit 5 (1)
Cedar Side II Condo (1)
Port Malabar Unit 16 (1)
Port Malabar Unit 15 (1)
Powells Sub (1)
Cedar Side Condo Ph I (1)
Port Malabar Country Club Unit 8 (1)
Port Malabar Unit 1 Replat Of Pt Of (1)
Tillman Plat of (1)
Castaway Shores Condo Ph I (1)
Part of SE 1/4 of NE 1/4 As Des (1)
Port Malabar Country Club (1)
Palm Bay Colony Sec 01 (1)
Port Malabar Country Club Unit 09 (1)
Fairways/Brevard Plan 1 Condos (1)
Vista Oaks West (1)
Port Malabar Holiday Park Unit 01 (1)
Palm Bay Colony Sec 02 (1)
Oakwood Village (1)
Shire (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 November 11, 2026, 508 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 $256,000, with listings from $35,000 to $299,999. Palm Bay listings without that feature have a median of $364,999.

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

Port Malabar Unit 44 has the most right now (18), followed by Port Malabar Unit 42 (18), Port Malabar Unit 50 (14), Port Malabar Unit 13 (14).

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 (270 for sale)
Titusville homes under $300K (228 for sale)
Cocoa homes under $300K (199 for sale)
Cape Canaveral homes under $300K (79 for sale)
Merritt Island homes under $300K (71 for sale)
Rockledge homes under $300K (68 for sale)
Barefoot Bay homes under $300K (49 for sale)
Cocoa Beach homes under $300K (48 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.