Bimini Bay Palm Bay
Homes for Sale in Palm Bay, FL
True comps, carrying-cost math, and listings before the portals.
Bimini Bay Palm Bay is an 83-home gated neighborhood built between 2004 and 2007, clustered around a pool, clubhouse, and grounds maintenance. With 68.7% of owners homesteaded, it leans more owner-occupied than transient, yet two active listings against a small total inventory puts the market in a 12-month supply posture - comfortably buyer-leaning. Pricing here reflects size and condition: homes center around 2,183 square feet, and the spread between turnkey and deferred-maintenance properties can be meaningful in a community this tight.
Sellers should plan for measured marketing timelines and condition-sensitive pricing. Buyers gain negotiation latitude but inherit the realities of a mature HOA community - governance matters, deferred capital items surface during diligence, and resale appeal hinges on keeping pace with neighborhood standards. The gate and amenities add monthly carrying cost; confirm current assessments and any pending special levies before you write an offer.
Bimini Bay Palm Bay right now
🟢 Buyer-leaning market. 12.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Space Coast MLS records, as of July 15, 2026. Confidence: Low (2 active and pending listings, 0 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 15, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The setting & the homes.
Aerial and on-site photos of Bimini Bay Palm Bay. Swipe to explore the community.
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Bimini Bay Palm BayPhotos from Space Coast MLS listings in Bimini Bay Palm Bay; content deemed reliable but not guaranteed.
Who Bimini Bay Palm Bay is best for.
Best for
- Primary-residence buyers who want roughly 2,200 square feet, a pool and clubhouse they do not personally maintain, and a gated entry in central Brevard.
- Buyers comfortable reviewing HOA documents and pricing in potential special assessments as part of their due diligence and long-term budget.
- Households looking for a mature, largely owner-occupied neighborhood with defined character rather than a blank-slate new build.
Probably not for
- Buyers who want no monthly dues, no gate, or full autonomy over exterior decisions and capital spending.
- Investors chasing high cash flow - HOA dues and the current supply posture compress rental margins in a community this size.
- Anyone who needs brand-new construction, cutting-edge efficiency, or a neighborhood where every home and system is still under builder warranty.
The market around Bimini Bay Palm Bay
Bimini Bay Palm Bay is too small for its own price trend, so here is the market around it.
Across Brevard County, 3,585 homes are active and 1,397 pending (28% under contract).
ZIP and county figures describe the wider market, not Bimini Bay Palm Bay specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Bimini Bay Palm Bay
Live MLS inventory for Bimini Bay Palm Bay. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Bimini Bay Palm Bay listings as of 2026-07-14, priced high to low. Based on information from the Space Coast MLS for the period %s through %s. Tap any home to ask about it.
Bimini Bay Palm Bay on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.
Life at Bimini Bay Palm Bay
- Maintenance Grounds · reported on 3 of 3 listings
- Pool · reported on 3 of 3 listings
- Security Gate · reported on 3 of 3 listings
- Clubhouse · reported on 2 of 3 listings
- Gated · reported on 2 of 3 listings
- Management - Off Site · reported on 2 of 3 listings
- Management - Full Time · reported on 1 of 3 listings
Community amenities as reported across Space Coast MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
Schools
- Brevard County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Stone · Middle
- Palm Bay · High
Zoned schools reflect the assignments reported on recent Bimini Bay Palm Bay listings and can change; always confirm with Brevard County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Bimini Bay Palm Bay address.
The Bimini Bay Palm Bay buying strategy.
If we were buying in Bimini Bay Palm Bay today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Bimini Bay Palm Bay.
What you are really buying
You are buying into a defined vintage - everything here went up between 2004 and 2007 - so systems, roofs, and HVAC are tracking the same lifecycle. The neighborhood is gated with off-site, full-time management handling pool, clubhouse, and common grounds. That structure means predictable monthly dues but also means you are a co-owner of aging infrastructure; review HOA reserves, meeting minutes, and any capital-improvement plans before you close.
The homes themselves cluster around 2,183 square feet, spacious enough for primary buyers who want elbow room without estate-level carrying costs. With just under 70% of the community homesteaded, you will have a mix of long-term neighbors and occasional turnover, but this is not a rental-heavy enclave. Resale appeal depends heavily on how well individual owners have maintained interiors and whether the HOA has kept the common areas and amenities current; a community this size can swing on a few deferred decisions.
Location is central Palm Bay - your commute, shopping, and school access follow city norms. The gate and amenities add a layer of managed environment, but you are still in a Brevard subdivision, not a resort enclave. If you want turnkey community features without building new and you are comfortable with the governance and financial health of a two-decade-old HOA, Bimini Bay delivers a known quantity. If you prefer no dues, no gate, or newer construction, you will find better fits elsewhere in the market.
The location and the amenities are priced into every listing in Bimini Bay Palm Bay. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Momentum Realty brokers know how to read HOA financials, spot deferred maintenance in master associations, and price condition spreads in tight inventory pools. In a buyer-leaning market with only two active listings, we will tell you when to wait, when to move, and - most importantly - when a community's governance or capital position makes it the wrong buy at any price. We work the Space Coast full-time, and we price every offer and listing against live comps and real days-on-market, not algorithm guesses.
Bimini Bay Palm Bay in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA - confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Bimini Bay Palm Bay buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Bimini Bay Palm Bay sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Bimini Bay Palm Bay, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Bimini Bay Palm Bay home worth?
Get a no-obligation home value based on real comparable sales in Bimini Bay Palm Bay, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in Bimini Bay Palm Bay on the map →
Bimini Bay Market Scorecard
Bimini Bay is currently a buyer-leaning market (limited data). About 12.0 months of supply, a median asking price of $296,950.
Typical home value in the 32905 ZIP is $236,751, about 16.3% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Based on information from the Space Coast MLS for the period 2026 through 2026-07-14. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
Is Bimini Bay Palm Bay a buyer's or seller's market right now?
How many homes are in Bimini Bay Palm Bay?
What share of Bimini Bay Palm Bay is owner-occupied?
When were the homes in Bimini Bay Palm Bay built?
Who is the best real estate agent for Bimini Bay Palm Bay?
How do I find a top Palm Bay real estate agent who knows Bimini Bay Palm Bay?
Can Momentum Realty connect me with an agent for Bimini Bay Palm Bay?
Should you buy in Bimini Bay Palm Bay?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Bimini Bay Palm Bay with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: July 14, 2026) |
| Housing stock & ownership | Florida DOR 2025 assessment roll (community parcel extract) |
| Under-contract shares | Space Coast MLS records, as of 2026-07-12 |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Space Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Space Coast MLS member average and 8 days faster, and we’ll price yours against live your area comps.
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