Palm Bay Club
Condos for Sale in Palm Bay, FL
All 1,176 homes for sale in Palm Bay, FL · median $340,000 · 30 condos for sale in Palm Bay · 192 homes for sale in 32905 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of November 2026, Palm Bay Club Condominium in Palm Bay, FL has 1 home for sale. As of November 2026, the MLS records 156 closed sales in Palm Bay Club Condominium in Palm Bay, FL since 2009, the most recent in August 2025. Recorded prices since 2024 ran from $75,000 to $120,000 (median $110,000), on homes of 1,036 to 1,036 sq ft. Across Palm Bay as a whole, 4,617 homes closed in the last 12 months at a median of $318,325, 51 median days on market, with 1,247 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $1,720 ($1,090 with the full homestead exemption).
Palm Bay Club is a condominium market, and the price here is driven by unit condition and interior updates far more than by the community itself — no amenities surface in current MLS listings, so you are buying the unit, not a package of shared perks. The median sits at $107,500, or about $103.76 per square foot, which puts this firmly in the entry-tier condo bracket for Brevard. Expect a wide spread around that median depending on how much work a given unit needs.
Posture right now is balanced-to-soft. The median unit is going under contract in about 22 days, which is a reasonable pace, but prices are off 2.3% year over year and the heat score of 32 signals a cooler, buyer-leaning market. Sellers should price to the condition of the unit and not to hope; buyers have room to be selective and to negotiate rather than chase.
Figures in this note are as of July 15, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
Palm Bay Club is an affordable condominium option in Palm Bay where value is set almost entirely by the individual unit — there are no community amenities identified in current listings, so due diligence on the specific unit and the association matters more than the address.
Space Coast MLS sales records identify 121 homes in Palm Bay Club Condominium that have changed hands since 2009, built between 1985 and 1985 (median 1985), with a median living area of about 1,036 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: Space Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Palm Bay Club Condominium is best for.
Best for
- Budget-focused buyers targeting an entry-tier condo around the low six figures
- Investors comfortable underwriting association finances and unit condition themselves
- Buyers who value a short time-to-contract and negotiating room in a soft market
Probably not for
- Buyers who want on-site amenities like a pool, gym, or clubhouse
- Anyone counting on strong near-term price appreciation given the recent year-over-year dip
- Buyers who need deep comparable-sales data before committing, since recent closings are few
The market around Palm Bay Club Condominium
Palm Bay Club Condominium is too small for its own price trend, so here is the market around it.
In ZIP 32905, 266 homes are on the market and 23% are under contract — a steady corner of Palm Bay.
Across Brevard County, 4,132 homes are active and 1,477 pending (26% under contract).
In ZIP 32905 (Palm Bay), 715 homes closed in the last 12 months at a median of $320K ($193/sq ft), with a median 38 days on market. Right now 49 active and 18 pending listings. See the live ZIP 32905 housing market and the Brevard County market.
ZIP and county figures describe the wider market, not Palm Bay Club Condominium specifically. Momentum Research analysis of MLS records.
The Palm Bay Club Condominium buying strategy.
If we were buying in Palm Bay Club Condominium 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 Palm Bay Club Condominium.
A condition-driven condo market
The since-2012 figure is eye-catching — up 796% — but read it in context: that gain comes off a deeply depressed post-recession floor, and the more recent signal is the 2.3% year-over-year decline. The long-run number tells you where this market has been, not where it is headed, and it should not be mistaken for a forecast.
With no shared amenities to spread value across, two units at the same square footage can trade very differently based on updates, floor, and overall condition. That is why the median matters more as an anchor than as a rule: the closings window is thin at just four sales, so a single unusual sale moves the average. Verify the association's finances, reserves, and any pending assessments before you commit — in an amenity-light condo, those numbers are the real story.
The location and the amenities are priced into every listing in Palm Bay Club Condominium. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a thin-volume condo market like this one, the median can mislead — four recent closings is not much to hang a price on. We read each unit on its own condition, pull the association documents, and pressure-test whether the asking price reflects reality or wishful thinking. That is the difference between overpaying in a soft market and buying well.
Palm Bay Club Condominium in 15 seconds.
Tools for a Palm Bay Club Condominium 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 Palm Bay Club Condominium sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Palm Bay Club Condominium, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: September 14, 2026) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2009 (156 transactions analyzed) |
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.
Recent Developments in Palm Bay Club Condominium
Development, infrastructure, retail, and school activity affecting Palm Bay Club Condominium, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Retail & Dining
Margarita Island opens in the former El Chico building on Evans Road, Melbourne
The Mexican restaurant chain opened at 1751 Evans Road in Melbourne, its fourth Brevard location and seventh in Florida. It offers a full menu and a full-service bar.
What it may mean for the marketA new sit-down dining option adds to restaurant choices along the Evans Road area of Melbourne. The project is about 7 miles northwest of Palm Bay Club Condominium, elsewhere in Brevard County.
Source: Space Coast Daily - October 2026Market
Brevard September home sales: single-family slows while condos and townhomes gain
Space Coast Association of Realtors data show the September single-family median price at $380,000, up 0.5%, with closed sales down 2.5% to 818 and 3.5 months of supply. Condo and townhouse median price rose 6.9% to $272,500, with 172 closed sales and 5.9 months of supply.
What it may mean for the marketTighter single-family supply and a firmer condo and townhouse segment point to differing inventory conditions across Brevard housing types. The project is about 16 miles northwest of Palm Bay Club Condominium, elsewhere in Brevard County.
Source: Space Coast Daily - October 2026Infrastructure
Melbourne starts a citywide road condition survey with a scanning van
City consultant Michael Baker International began driving every city-maintained road on Oct. 15 with LiDAR, 3D scanners and cameras. The survey should finish by the end of 2026, and the Pavement Management Plan will be updated by early 2027 to prioritize resurfacing.
What it may mean for the marketThe survey will set the resurfacing priority list that shapes road conditions and repair timing across Melbourne. The site is about 4 miles north of Palm Bay Club Condominium.
Source: WFTV - June 2026Development
Proposed Brevard County USL soccer stadium would anchor new mixed-use development
Developers unveiled plans for an 8,000-seat professional soccer stadium along West NASA Boulevard by Melbourne Orlando International Airport as the home of the Space Coast Soccer Club. The complex would include restaurants and retail space, with a targeted opening in spring 2028 and about 20 to 25 professional matches per year.
What it may mean for the marketA new stadium and mixed-use complex would add restaurant, retail, and event space to this part of Melbourne and expand the local commercial and entertainment footprint. The project is about 6 miles northwest of Palm Bay Club Condominium, elsewhere in Brevard County.
Source: FOX 35 Orlando - June 2026Development
West Melbourne's Space Coast Town Center Expands
The 225-acre Space Coast Town Center on U.S. 192 and Interstate 95 in West Melbourne is advancing a new phase called The Landing, which will feature a grocery anchor, retail shops, restaurants, and roughly 300 apartments. When fully built, the overall development is planned to include more than 2,000 residential units, 300 hotel rooms, office space, and retail.
What it may mean for the marketA new phase adds grocery, retail, dining, and apartment capacity to this mixed-use center and expands the local commercial base at a major highway interchange. The project is about 7 miles northwest of Palm Bay Club Condominium, elsewhere in Brevard County.
Source: WFTV - May 2026Infrastructure
Ellis Road widening from John Rodes Boulevard to Wickham Road advances to construction
FDOT's project to widen Ellis Road from two to four lanes over about 1.8 miles between John Rodes Boulevard and Wickham Road in the Melbourne area had a construction letting scheduled for May 20, 2026, at an estimated construction cost of $57 million. The work includes new sidewalks, buffered bicycle lanes, new traffic signals, and drainage improvements.
What it may mean for the marketWidening this corridor would increase road capacity and add sidewalks and bike lanes across a key West Melbourne and Melbourne connection. The project is about 7 miles northwest of Palm Bay Club Condominium, elsewhere in Brevard County.
Source: CFL Roads (FDOT)
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
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