Lake Mina Palm Bay
Homes for Sale in Palm Bay, FL
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
Lake Mina is a very small, very new pocket in Palm Bay: just five homes, all built in 2023 or 2024. With inventory this thin and the housing this fresh, price here is set by condition and size more than by any long track record of comparable sales. The median living area runs to roughly 3,468 square feet, so you're looking at larger, new-construction product rather than starter footprints.
At 6.0 months of supply, this reads as a balanced market - neither side holds a decisive edge. With only one active listing, a single transaction moves the whole picture, so buyers should expect limited choice and sellers should price against a very short, recent comp set rather than assume leverage. The median sits at 2023 build year, meaning most of what trades here is barely lived in.
Lake Mina Palm Bay right now
🟡 Balanced market. 6.0 months of supply and 0% 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 (1 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 Lake Mina Palm Bay. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Lake Mina Palm Bay
Lake Mina Palm Bay
Lake Mina Palm BayPhotos from Space Coast MLS listings in Lake Mina Palm Bay; content deemed reliable but not guaranteed.
Who Lake Mina Palm Bay is best for.
Best for
- Buyers set on new construction who want a home built in the last few years
- Buyers who need substantial living space, around 3,468 square feet
- Owner-occupant buyers comfortable in a small, low-turnover pocket
Probably not for
- Buyers who want a wide selection to compare across at any given time
- Buyers who prioritize shared community amenities
- Investors seeking established rental inventory or a long sales history
The market around Lake Mina Palm Bay
Lake Mina 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 Lake Mina Palm Bay specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Lake Mina Palm Bay
Live MLS inventory for Lake Mina 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 Lake Mina 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.
Lake Mina 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.
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 Lake Mina 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 Lake Mina Palm Bay address.
The Lake Mina Palm Bay buying strategy.
If we were buying in Lake Mina 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.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
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 Lake Mina Palm Bay.
A small, new-build pocket
With only five homes and a two-year build window, Lake Mina behaves less like an established subdivision and more like a handful of recent houses on the same map. There are no community amenities identified in current MLS listings, so the value proposition is the homes themselves - new construction, generous square footage - not shared facilities.
About 60% of the homes here carry a homestead exemption, which points to owner-occupancy over rentals across most of the pocket. For a buyer, that stability is a plus; for a seller, it means turnover is rare and each listing carries outsized weight in setting the local read.
The location and the amenities are priced into every listing in Lake Mina Palm Bay. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a pocket this small, generic pricing tools have almost nothing to work with - five homes and one active listing don't feed an algorithm well. We work the actual comp set, weigh condition and square footage against the thin recent history, and tell you plainly when the market is balanced enough that patience beats pressure.
Lake Mina 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 Lake Mina 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 Lake Mina 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 Lake Mina 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 Lake Mina Palm Bay home worth?
Get a no-obligation home value based on real comparable sales in Lake Mina 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 Lake Mina Palm Bay on the map →
Lake Mina Market Scorecard
Lake Mina is currently a buyer-leaning market (limited data). About 6.0 months of supply, a median asking price of $629,000.
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 Lake Mina Palm Bay a buyer's or seller's market right now?
How many homes are in Lake Mina Palm Bay?
What share of Lake Mina Palm Bay is owner-occupied?
When were the homes in Lake Mina Palm Bay built?
Who is the best real estate agent for Lake Mina Palm Bay?
How do I find a top Palm Bay real estate agent who knows Lake Mina Palm Bay?
Can Momentum Realty connect me with an agent for Lake Mina Palm Bay?
Should you buy in Lake Mina Palm Bay?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Lake Mina 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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