Palm Bay Estates Mobile Home Park Co/Op Of Tropic
Homes for Sale in Palm Bay, FL

Palm Bay Estates is a co-op mobile home park in Palm Bay, Brevard County, where ownership includes a share in the co-op rather than a traditional fee-simple lot. That ownership model, plus a thin number of recent sales, means pricing here is driven by each home's condition far more than by any single market trend.

Space Coast MLS sales records identify 172 homes in Palm Bay Estates Mobile Home Park Co/Op Of Tropic that have changed hands since 2004, built between 1958 and 2019 (median 1972), with a median living area of about 756 sq ft and a typical 2-bedroom, 1.5-bath layout. 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.

Flood zones in Palm Bay Estates Mobile Home Park Co/Op Of Tropic: of 11 listing addresses checked against the FEMA National Flood Hazard Layer, 82% sit outside the FEMA Special Flood Hazard Area (Zone X); 18% are in an A-series high-risk zone where flood insurance is required with a federally backed mortgage. Individual parcels vary - verify any specific address at msc.fema.gov. See flood zones by neighborhood in Palm Bay.

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.

Palm Bay Estates Mobile Home Park Co/Op Of Tropic is too small for its own price trend, so here is the market around it.

In ZIP 32905, 251 homes are on the market and 23% are under contract — a steady corner of Palm Bay.

Across Brevard County, 4,089 homes are active and 1,281 pending (24% 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 Estates Mobile Home Park Co/Op Of Tropic specifically. Momentum Research analysis of MLS records.

• Palm Bay Elem · Elementary
• Stone · Middle
• Palm Bay · High

Zoned schools reflect the assignments reported on recent Palm Bay Estates Mobile Home Park Co/Op Of Tropic 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 Palm Bay Estates Mobile Home Park Co/Op Of Tropic address.

The long arc has been up — the median is roughly 223% higher than in 2012 — but the last year tells a different story, with the median off about 46%. Both facts can be true in a low-volume co-op: with only nine closings in this window, the mix of what actually sold moves the median more than any broad shift in value. Read the year-over-year figure with caution, not alarm.

There are no community amenities identified from current MLS listings, so the value proposition is the home itself and the co-op ownership structure. That structure matters. Financing a co-op share is different from financing a standard home, and buyers should confirm the co-op's rules, any monthly fees, and lender requirements early. At around $106 per square foot with a median near $69,500, this is an entry-priced segment where diligence on the specific unit pays off.

Co-op mobile home transactions have their own paperwork, financing quirks, and pricing logic, and with so few comparable sales, a knee-jerk read of the numbers can mislead you. We help buyers vet the specific unit and the co-op's terms, and we help sellers price to condition and set realistic timeline expectations in a slow-moving segment.