PALM BAY CONDOMINIUM
Homes for Sale in Miami, FL
True comps, carrying-cost math, and listings before the portals.
Photo via miami
Palm Bay Condominium is pricing at a median of $399,000, which works out to roughly $382.92 per square foot — a figure that puts a good deal of weight on unit size and condition rather than any shared amenity package, since the current MLS pull does not show identified community amenities driving the number. With only three closings in the tracked window, this is a thin sample: enough to show direction, not enough to call a firm trend line.
The 11.8% year-over-year move is notable, but with a small closings count it should be read as a signal to watch rather than a guarantee of where the next sale lands. Median days on market sitting at 49 suggests buyers are not rushing in, and sellers pricing realistically for condition are the ones getting deals done inside that window.
PALM BAY CONDOMINIUM right now
🟢 Still climbing. The trailing-12-month median ($399K) is up 11.8% from the prior 12 months ($357K). With about 4 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level miami closed sales, 12-month windows ending July 20. Confidence: Low (3 and 5 sales in the two windows).
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Updated July 20, 2026 · Live data: miami, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
PALM BAY CONDOMINIUM market snapshot (as of July 20, 2026): the median sale price is about $399K ($383 per sq ft over the trailing 12 months of closed sales), and a median 49 days on market for closed sales. The trailing-12-month median is up 12% from the prior 12 months, computed from record-level miami closed sales (3 closings in the current window).
Palm Bay Condominium is a Miami-Dade condo community where recent activity is limited enough that per-unit condition and pricing discipline matter more than broad market averages.
The setting & the homes.
Aerial and on-site photos of PALM BAY CONDOMINIUM. Swipe to explore the community.
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PALM BAY CONDOMINIUMPhotos from miami listings in PALM BAY CONDOMINIUM; content deemed reliable but not guaranteed.
Who PALM BAY CONDOMINIUM is best for.
Best for
- Buyers targeting a purchase near the $399,000 median who have already budgeted for condition-based variance.
- Sellers prepared to price against the $382.92 per-square-foot benchmark rather than aspirational comps.
- Buyers comfortable doing extra diligence given the limited number of recent closings.
Probably not for
- Buyers who want a deep, high-volume sales history to lean on for pricing confidence.
- Anyone assuming shared building amenities are part of the value, since none are currently identified in MLS data.
- Sellers expecting a fast sale; the median 49-day time on market suggests otherwise without sharp pricing.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 20 of each year, from record-level miami closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($399K) IS the median in the snapshot above, and the move from 2025 ($357K) IS the +11.8% one-year change.
Windows contain 1 to 10 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Brevard County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Brevard County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
16% of homes for sale in ZIP 33138 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-18).
PALM BAY CONDOMINIUM Market Scorecard
PALM BAY CONDOMINIUM is currently a balanced market., and homes go under contract in about 299 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: miami, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in PALM BAY CONDOMINIUM
Live MLS inventory for PALM BAY CONDOMINIUM. 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 PALM BAY CONDOMINIUM listings as of 2026-08-17, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Tap any home to ask about it.
The PALM BAY CONDOMINIUM buying strategy.
If we were buying in PALM BAY 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 CONDOMINIUM.
What the numbers are actually telling you
A median price of $399,000 against a per-square-foot figure near $382.92 is a useful cross-check for any specific unit: multiply the listed square footage by that number and see how close the asking price lands. Deviation in either direction is a conversation starter, not a red flag by itself — it just means you ask why.
With only three closings feeding this window, we treat every stat here as directional. The 49-day median time on market says pricing has to be right the first time; overpriced listings in a low-volume building tend to sit, and that stretch feeds back into how the next seller has to think about their number.
The location and the amenities are priced into every listing in PALM BAY CONDOMINIUM. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a building with a small closings sample, the comps that exist need to be read carefully rather than averaged blindly. We pull the actual unit-level data behind the median, check it against condition and square footage, and tell clients where a specific listing sits relative to that $382.92 per-square-foot line before they commit to a number.
PALM BAY CONDOMINIUM 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 PALM BAY 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 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 CONDOMINIUM, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your PALM BAY CONDOMINIUM home worth?
Get a no-obligation home value based on real comparable sales in PALM BAY CONDOMINIUM, 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 PALM BAY CONDOMINIUM on the map →
Frequently Asked Questions
What is the median home price in PALM BAY CONDOMINIUM?
How long do homes in PALM BAY CONDOMINIUM take to sell?
Do cash buyers compete in PALM BAY CONDOMINIUM?
Who is the best real estate agent for PALM BAY CONDOMINIUM?
How do I find a top Miami real estate agent who knows PALM BAY CONDOMINIUM?
Can Momentum Realty connect me with an agent for PALM BAY CONDOMINIUM?
Should you buy in PALM BAY CONDOMINIUM?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | miami closed sales, 12-month windows ending July 20, 2026 |
| Under-contract shares | miami records, as of 2026-07-18 |
| Historical depth | Closed-sale records back to 2018 (35 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 miami 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 miami member average and 8 days faster, and we’ll price yours against live your area comps.
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See how PALM BAY CONDOMINIUM fits the bigger picture — live prices, inventory, and Momentum Scores: