Fairway Isles At Bayside Lakes Phase I Palm Bay in Palm Bay

Fairway Isles At Bayside Lakes Phase I Palm Bay
Homes for Sale in Palm Bay, FL

Community in Palm Bay · Brevard County
152 homesBuilt 2000–2014
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Photo courtesy of Joanna M. Gely, Weichert REALTORS Hallmark Pro · via Space Coast MLS

Built fromLive Space Coast MLS dataFL DOR public recordsUpdated twice daily
Live · Fairway Isles At Bayside Lakes Phase I Palm Bay Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
5.1mo
Supply
3 to 6 months is the balanced band
25%
Under contract
Brevard: 28% (1,397 of 4,982)
3 · 1
For sale · pending
live counts, refreshed twice daily
Ownership and context
74%
Owner-occupied · Fairway Isles At Bayside Lakes Phase I Palm Bay
112 of 152 parcels homesteaded (FL DOR 2025)
26%
Non-owner-occupied · Fairway Isles At Bayside Lakes Phase I Palm Bay
incl. 7% trust or LLC-held · 6% out-of-state
152
Homes in the community
152 residential parcels (FL DOR 2025)
Track record · years of records
Est. 2000
Community established
homes built 2000-2014, median 2003 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Fairway Isles At Bayside Lakes Phase I is a gated, amenity-heavy community of 152 homes built mostly in the early 2000s. With three active listings against a 5.1-month supply, inventory is neither tight nor flooded - pricing discipline matters. The median 2,410 square feet suggests this is solidly a move-up neighborhood, not a starter enclave, and the 74% homestead rate tells you most buyers stay.

Right now you have leverage to negotiate but not dictate terms. Sellers who price to condition and location will move; those testing the market will sit. For buyers, this is a window to inspect carefully and negotiate repairs without the frenzy - but you will not steal anything in a balanced market.

Fairway Isles At Bayside Lakes Phase I Palm Bay Housing Pulse · Momentum Research · as of July 15, 2026

Fairway Isles At Bayside Lakes Phase I Palm Bay right now

🟡 Balanced market. 5.1 months of supply and 25% of the inventory already under contract put buyers and sellers on roughly even footing.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 (4 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

Best for

  • Move-up buyers leaving a first home who want dedicated space for an office, guests, or hobbies without stretching into East Melbourne pricing.
  • Households with recreational priorities - pickleball, tennis, fitness - who will actually use the amenities and value gate security enough to cover the HOA.
  • Buyers comfortable evaluating deferred maintenance and negotiating repairs, who see the median 2,410 square feet as right-sized for a decade-plus hold.

Probably not for

  • Anyone expecting contemporary open-plan design and quartz counters as standard; most interiors here still reflect early-2000s builder grade unless individually updated.
  • Buyers stretched on payment who cannot budget an additional reserve for near-term roof, HVAC, or water heater replacement on a home now in its third decade.
  • Households prioritizing walkability or quick freeway access; Palm Bay's arterials are car-dependent and rush-hour congestion on Babcock is real.

The market around Fairway Isles At Bayside Lakes Phase I Palm Bay

Fairway Isles At Bayside Lakes Phase I 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 Fairway Isles At Bayside Lakes Phase I Palm Bay specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in Fairway Isles At Bayside Lakes Phase I Palm Bay

Live MLS inventory for Fairway Isles At Bayside Lakes Phase I 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 Fairway Isles At Bayside Lakes Phase I 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.

Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

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

In short
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Westside · Elementary
  • Southwest · Middle
  • Bayside · High

Zoned schools reflect the assignments reported on recent Fairway Isles At Bayside Lakes Phase I 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 Fairway Isles At Bayside Lakes Phase I Palm Bay address.

If we were buying in Fairway Isles At Bayside Lakes Phase I Palm Bay today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Fairway Isles At Bayside Lakes Phase I Palm Bay.

Best Buy
Buyers who want space and amenities behind a gate without paying Viera or Suntree premiums.
Biggest Risk
Homes are now twenty-plus years old - roof, HVAC, and water heater lifecycles converge, and not every seller has kept up.
Sweet Spot
Updated homes with documented mechanicals where you are paying for condition, not just gate and pool access.
Avoid If
You expect turnkey modern finishes or want a neighborhood where you can quickly comp your way to an easy refinance appraisal.

What you actually get in Fairway Isles

Fairway Isles delivers the full amenity roster: pool, clubhouse, fitness center, tennis and pickleball courts, basketball, playground, jogging paths, shuffleboard, and RV/boat storage behind the security gate. Maintenance of common grounds is included. Amenities are managed off-site, so responsiveness varies - ask current owners how quickly work orders close.

Homes were built over a fourteen-year span, with the median vintage landing in 2003. That means you will see a mix of floor plans, finishes, and deferred maintenance depending on original builder and owner updates. The median living area of 2,410 square feet skews larger than much of Palm Bay's single-family stock, so expect four bedrooms, bonus rooms, and two-car garages as the norm.

The 74% homestead share is high for a community this size and suggests long-term ownership, not a transient or investor-heavy base. That stability shows in slower turnover and a more predictable neighbor experience, but it also means fewer comps and less frequent listing activity when you are ready to sell.

The location and the amenities are priced into every listing in Fairway Isles At Bayside Lakes Phase I Palm Bay. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a gated community with only three active listings and inconsistent turnover, access to off-market leads and accurate condition-versus-price judgment is everything. We know which homes in Fairway Isles have deferred roof or HVAC issues, which have been updated, and what the HOA's capital reserve picture looks like. When inventory is thin, that intelligence is the difference between overpaying for deferred maintenance and landing a home that will carry you a decade without surprise capital calls.

Fairway Isles At Bayside Lakes Phase I Palm Bay in 15 seconds.

Best forBuyers who want space and amenities behind a gate without paying Viera or Suntree premiums.
Biggest advantageMature landscaping, full recreation slate, and a stay-put ownership base that keeps turnover predictable.
Biggest riskHomes are now twenty-plus years old - roof, HVAC, and water heater lifecycles converge, and not every seller has kept up.
Sweet spotUpdated homes with documented mechanicals where you are paying for condition, not just gate and pool access.
Avoid ifYou expect turnkey modern finishes or want a neighborhood where you can quickly comp your way to an easy refinance appraisal.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Fairway Isles At Bayside Lakes Phase I Palm Bay sales matched to your home.

What is your Fairway Isles At Bayside Lakes Phase I Palm Bay home worth?

Get a no-obligation home value based on real comparable sales in Fairway Isles At Bayside Lakes Phase I 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 Fairway Isles At Bayside Lakes Phase I Palm Bay on the map →

Real comps, not an automated estimate.

Fairway Isles Market Scorecard

Buyer-Leaning Market (limited data)

Fairway Isles is currently a buyer-leaning market (limited data). About 5.1 months of supply, a median asking price of $299,000.

5.1
Months supply
$299,000
Median list
$325,000
Median sold
$172
Per sqft
n/a
Days on mkt
3/1/7
Active/Pend/Sold

Typical home value in the 32909 ZIP is $320,013, about 16.5% 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 Fairway Isles At Bayside Lakes Phase I Palm Bay a buyer's or seller's market right now?
As of July 15, 2026, Fairway Isles At Bayside Lakes Phase I Palm Bay is roughly balanced: 5.1 months of supply at the current sales pace (Space Coast MLS live counts).
How many homes are in Fairway Isles At Bayside Lakes Phase I Palm Bay?
The Florida DOR 2025 assessment roll shows 152 homes in Fairway Isles At Bayside Lakes Phase I Palm Bay (public records).
What share of Fairway Isles At Bayside Lakes Phase I Palm Bay is owner-occupied?
74% of Fairway Isles At Bayside Lakes Phase I Palm Bay parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Fairway Isles At Bayside Lakes Phase I Palm Bay built?
Homes in Fairway Isles At Bayside Lakes Phase I Palm Bay were built between 2000 and 2014, with a median year built of 2003 (FL DOR 2025 roll).
Who is the best real estate agent for Fairway Isles At Bayside Lakes Phase I Palm Bay?
The best agent for Fairway Isles At Bayside Lakes Phase I Palm Bay is one who actively works Palm Bay and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Fairway Isles At Bayside Lakes Phase I Palm Bay.
How do I find a top Palm Bay real estate agent who knows Fairway Isles At Bayside Lakes Phase I Palm Bay?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Fairway Isles At Bayside Lakes Phase I Palm Bay and the wider Palm Bay area.
Can Momentum Realty connect me with an agent for Fairway Isles At Bayside Lakes Phase I Palm Bay?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Fairway Isles At Bayside Lakes Phase I Palm Bay purchase or sale - no call center and no pressure.
Move-up buyers leaving a first home who want dedicated space for an office, guests, or hobbies without stretching into East Melbourne pricing.Excellent fit
Households with recreational priorities - pickleball, tennis, fitness - who will actually use the amenities and value gate security enough to cover the HOA.Excellent fit
Buyers comfortable evaluating deferred maintenance and negotiating repairs, who see the median 2,410 square feet as right-sized for a decade-plus hold.Excellent fit
Anyone expecting contemporary open-plan design and quartz counters as standard; most interiors here still reflect early-2000s builder grade unless individually updated.Probably not
Buyers stretched on payment who cannot budget an additional reserve for near-term roof, HVAC, or water heater replacement on a home now in its third decade.Probably not
Households prioritizing walkability or quick freeway access; Palm Bay's arterials are car-dependent and rush-hour congestion on Babcock is real.Probably not

Nearby Communities

Explore more neighborhoods near Fairway Isles At Bayside Lakes Phase I Palm Bay with Momentum Realty’s local guides.

FCFairway Crossings Townhomes At Bayside Lakes Palm BayPalm Bay, FL · 0.4 miPAPreserves At Stonebriar Palm BayPalm Bay, FL · 0.4 miMonterey Cove At Bayside Lakes Palm BayPalm Bay, FL · 0.5 miSAStonebriar At Bayside Lakes Palm BayPalm Bay, FL · 0.6 miBABrookside At Bayside Lakes Palm BayPalm Bay, FL · 0.7 miMagnolia Park At Bayside Lakes Palm BayPalm Bay, FL · 0.8 miWAWellington At Bayside Lakes Palm BayPalm Bay, FL · 0.8 miBLBayside Lakes Palm BayPalm Bay, FL · 0.9 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: July 14, 2026)
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesSpace 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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