Palm Gardens Townhomes in Palm Bay

Palm Gardens Townhomes
Homes for Sale in Palm Bay, FL

All 1,175 homes for sale in Palm Bay, FL · median $340,000 · Brevard County homes for sale

Community in Palm Bay · Brevard County
31 homesBuilt 1920–2020
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Photo via Space Coast MLS

Built fromLive Space Coast MLS dataFL DOR public recordsUpdated twice daily

As of November 2026, Palm Gardens Townhomes in Palm Bay, FL has 2 homes for sale. Homes listed or recently sold were built 1923–2020; 7 of 9 report an HOA (median $77/mo); none of the 9 geocoded homes sit in a FEMA special flood hazard zone (median elevation 26 ft).

Last 30 days in Palm Gardens: 1 closed sale (median $220,000). As of November 13, 2026, Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed by the MLS to be accurate.

Live · Palm Gardens Townhomes Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
4.8mo
Supply
3 to 6 months is the balanced band
0%
Under contract
Brevard: 28% (1,397 of 4,982)
2 · 0
For sale · pending
live counts, refreshed twice daily
Ownership and context
45%
Owner-occupied · Palm Gardens Townhomes
14 of 31 parcels homesteaded (FL DOR 2025)
55%
Non-owner-occupied · Palm Gardens Townhomes
incl. 10% trust or LLC-held · 0% out-of-state
31
Homes in the community
31 residential parcels (FL DOR 2025)
Track record · years of records
1920–2020
Years homes were built
median 1955 · county roll (FL DOR 2025)

Homes For Sale Right Now in Palm Gardens Townhomes

Live MLS inventory for Palm Gardens Townhomes. 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 Gardens Townhomes listings as of 2026-11-13, priced high to low. Based on information from the Space Coast MLS. Tap any home to ask about it.

Every Home for Sale in Palm Gardens Townhomes Palm Bay Right Now (3)

All 3 active and pending Palm Gardens Townhomes Palm Bay listings with a detail page, newest first, refreshed twice a day from the MLS.

Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 16, 2026

Palm Gardens Townhomes sits in a balanced market with 4.8 months of supply - roughly the midpoint where neither buyer nor seller holds decisive leverage. The community is small (31 homes), and with only two active listings, inventory turns slowly; expect negotiation to hinge on condition and how long a seller has held the property. The median 1,689 square feet suggests these are not starter townhomes, and the median year built of 1955 means you're pricing age as much as location.

Just under half the community is homesteaded, so you have a mix of long-term owners and turnover. The build span from 1920 to 2020 is unusually wide for a townhome community and signals either redevelopment parcels or individual lot histories - check tax records and HOA docs carefully. Gated access, a pool, and clubhouse are on the amenity roster, but with off-site and live-in management reported, confirm governance structure and reserve health before you write an offer.

Figures in this note are as of July 16, 2026. The live market numbers elsewhere on this page update nightly and are newer.

Palm Gardens Townhomes Housing Pulse · Momentum Research · as of July 15, 2026

Palm Gardens Townhomes right now

🟡 Balanced market. 4.8 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 (2 active and pending listings, 0 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated November 13, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

A small, gated townhome community in Palm Bay with a median build year of 1955 and a wide construction history that runs from the 1920s to 2020. The current market is balanced, inventory is thin, and the HOA carries amenities that require diligence on reserves and management.

Flood zones in Palm Gardens Townhomes: of 8 listing addresses checked against the FEMA National Flood Hazard Layer, 100% sit outside the FEMA Special Flood Hazard Area (Zone X). 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.

Best for

  • Buyers seeking a gated, amenity-backed townhome in Palm Bay who are comfortable evaluating homes on a case-by-case basis rather than expecting uniform quality.
  • Investors or second-home buyers who can underwrite older construction and price in potential renovation or code-upgrade costs.
  • Buyers who value a small, established community with pool and clubhouse access and are prepared to confirm HOA reserve health and management stability.

Probably not for

  • Buyers who want new or recently built townhomes with warranties, modern energy efficiency, and predictable maintenance timelines.
  • Anyone unprepared to review HOA budgets, reserve studies, and parcel histories in detail before making an offer.
  • Buyers seeking a large, active inventory with multiple comparable units to choose from at any given time.

The market around Palm Gardens Townhomes

Palm Gardens Townhomes 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 Palm Gardens Townhomes specifically. Momentum Research analysis of MLS records.

Listing locations from Space Coast MLS. Map data © OpenStreetMap contributors.

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

Zoned schools reflect the assignments reported on recent Palm Gardens Townhomes 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 Gardens Townhomes address.

Recent Developments in Palm Gardens Townhomes

Development, infrastructure, retail, and school activity affecting Palm Gardens Townhomes, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.

Dev Momentum75/100 · High
  1. October 2026
    Retail & 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 Gardens Townhomes, elsewhere in Brevard County.

    Source: Space Coast Daily
  2. October 2026
    Market

    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 north of Palm Gardens Townhomes, elsewhere in Brevard County.

    Source: Space Coast Daily
  3. October 2026
    Infrastructure

    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 Gardens Townhomes.

    Source: WFTV
  4. June 2026
    Development

    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 north of Palm Gardens Townhomes, elsewhere in Brevard County.

    Source: FOX 35 Orlando
  5. June 2026
    Development

    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 6 miles northwest of Palm Gardens Townhomes, elsewhere in Brevard County.

    Source: WFTV
  6. May 2026
    Infrastructure

    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 6 miles north of Palm Gardens Townhomes, elsewhere in Brevard County.

    Source: CFL Roads (FDOT)

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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.

If we were buying in Palm Gardens Townhomes 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 Palm Gardens Townhomes.

Best Buy
Buyers who want gated townhome living in Palm Bay and are prepared to evaluate a wide range of building ages and conditions.
Biggest Risk
The 1920 - 2020 build span creates appraisal and financing uncertainty; older units may carry deferred maintenance and code-compliance costs.
Sweet Spot
A buyer who can inspect carefully, read HOA financials, and price each home individually rather than relying on averages.
Avoid If
You need turnkey consistency, modern construction, or predictable per-square-foot pricing across the community.

What the numbers tell you about Palm Gardens

Thirty-one homes make this one of the smaller HOA communities you'll encounter in Brevard County. The median living area of 1,689 square feet puts most units above entry-level townhome sizing, and the 1955 median build year means much of the stock predates modern building codes and energy standards. The presence of homes built as early as 1920 and as recently as 2020 is highly unusual for a common-interest community; you may be looking at infill redevelopment on scattered lots or a patchwork of parcel histories that predate formal subdivision. Either scenario requires extra title and plat review.

Amenities include a gated entrance, pool, clubhouse, and grounds maintenance, with both off-site and live-in management flagged across MLS records. That combination can mean strong oversight or a transitional governance model - read the budget, ask about manager turnover, and confirm who enforces rules. Water is listed as a community amenity, which typically means bulk billing through the HOA; verify whether sewer is also included and how special assessments have trended. The 45% homestead share is moderate for a townhome community and suggests a blend of long-term ownership and investor or second-home use.

With 4.8 months of supply and only two active listings, you're in a market where sellers have some pricing confidence but buyers still have room to negotiate on condition or days-on-market. The wide age range of the housing stock means appraisals will lean heavily on recent closed comps within the community or in adjacent Palm Bay townhome developments. If the two active listings are significantly older or newer than the median, expect price spreads that don't align neatly with a per-square-foot formula.

“

The location and the amenities are priced into every listing in Palm Gardens Townhomes. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Palm Gardens requires due diligence on build dates, HOA finances, and the governance structure behind that live-in/off-site management mix. Momentum pulls county records, cross-checks parcel history, and reads HOA budgets so you understand what you're buying before you're under contract. In a small community with thin inventory, our market analysis focuses on closed comps and price trends specific to this enclave, not citywide aggregates. We will tell you if the reserve study is thin, if the most recent sale was an outlier, or if the listing you're considering is overpriced for its age and condition.

Palm Gardens Townhomes in 15 seconds.

Best forBuyers who want gated townhome living in Palm Bay and are prepared to evaluate a wide range of building ages and conditions.
Biggest advantageSmall community with established amenities and a balanced market that still allows for condition-based negotiation.
Biggest riskThe 1920 - 2020 build span creates appraisal and financing uncertainty; older units may carry deferred maintenance and code-compliance costs.
Sweet spotA buyer who can inspect carefully, read HOA financials, and price each home individually rather than relying on averages.
Avoid ifYou need turnkey consistency, modern construction, or predictable per-square-foot pricing across the community.
The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Palm Gardens Townhomes sales matched to your home.

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Recently off market in Palm Gardens Townhomes

Homes in Palm Gardens Townhomes that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 2 on record.

Palm Gardens Townhomes key facts
LocationPalm Bay, Brevard County, FL
Homes in the community31 (FL DOR 2025 assessment roll)
Years built1920–2020 (median 1955)
Typical living area1,689 sq ft (median)
Home types (current listings and sales)single-family 67%, townhouses 33%
Amenities listed by sellersMaintenance Grounds, Clubhouse, Gated, Management - Off Site, Water, Curbs
For sale right now2 active, 0 pending · median asking $254,950 · 4.8 months of supply
Owner-occupied (homestead) share45%

Data as of July 15, 2026. Based on information from the Space Coast MLS for the period %s through %s; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Palm Gardens Townhomes key facts,” movewithmomentum.com/neighborhoods/palm-gardens-townhomes-palm-bay, data as of July 15, 2026.

Just listed in Palm Gardens Townhomes

The newest homes for sale in Palm Gardens Townhomes right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.

Checked against the MLS nightly. All new listings in this market.

What it really costs to own in Palm Gardens Townhomes

The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.

Property taxCurrent owners' bills run a median of $3,692/yr across 6 listings here (MLS tax records, 2026-11-13).
HOA duesMedian $920/year (about $77/month) across 4 MLS listings (most billed annually; 2026-11-13). Dues cover what the documents say they cover; ask for the budget and reserve study.
Home and flood insuranceThe average Citizens Property Insurance premium in Brevard County is $2,348/yr (6,986 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. Flood: of 8 listing addresses checked against the FEMA flood map, 100% sit outside the high-risk zone. Statewide, a Zone X flood policy runs about $500-$700/yr and a high-risk zone $1,200-$2,500/yr (FEMA Risk Rating 2.0 averages, not quotes).
Roof and ageMedian build year 2019 across 6 listings. Newer roofs and current wind-mitigation features usually mean the lower end of insurance quotes.

Estimated carrying cost at the median asking price, before the mortgage: about $580/month (tax $308, HOA $77, insurance $196). An estimate from the sources above, not a quote.

Email me new listings in Palm Gardens Townhomes

One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about Palm Gardens Townhomes

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Palm Gardens Townhomes will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

Palm Gardens Market Scorecard

Buyer-Leaning Market (limited data)

Palm Gardens is currently a buyer-leaning market (limited data). About 6.0 months of supply, a median asking price of $255,000.

6.0
Months supply
$255,000
Median list
$430,000
Median sold
$211
Per sqft
n/a
Days on mkt
3/0/6
Active/Pend/Sold

Typical home value in the 32905 ZIP is $232,439, about 13.4% 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 2026-11-13. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Is Palm Gardens Townhomes a buyer's or seller's market right now?
As of July 15, 2026, Palm Gardens Townhomes is roughly balanced: 4.8 months of supply at the current sales pace (Space Coast MLS live counts).
How many homes are in Palm Gardens Townhomes?
The Florida DOR 2025 assessment roll shows 31 homes in Palm Gardens Townhomes (public records).
What share of Palm Gardens Townhomes is owner-occupied?
45% of Palm Gardens Townhomes parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Palm Gardens Townhomes built?
Homes in Palm Gardens Townhomes were built between 1920 and 2020, with a median year built of 1955 (FL DOR 2025 roll).
Who is the best real estate agent for Palm Gardens Townhomes?
The best agent for Palm Gardens Townhomes 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 Palm Gardens Townhomes.
How do I find a top Palm Bay real estate agent who knows Palm Gardens Townhomes?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Palm Gardens Townhomes and the wider Palm Bay area.
Can Momentum Realty connect me with an agent for Palm Gardens Townhomes?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Palm Gardens Townhomes purchase or sale - no call center and no pressure.
Where is Palm Gardens Townhomes, and what county is it in?
Palm Gardens Townhomes is in Palm Bay, Brevard County, FL.
Buyers seeking a gated, amenity-backed townhome in Palm Bay who are comfortable evaluating homes on a case-by-case basis rather than expecting uniform quality.Excellent fit
Investors or second-home buyers who can underwrite older construction and price in potential renovation or code-upgrade costs.Excellent fit
Buyers who value a small, established community with pool and clubhouse access and are prepared to confirm HOA reserve health and management stability.Excellent fit
Buyers who want new or recently built townhomes with warranties, modern energy efficiency, and predictable maintenance timelines.Probably not
Anyone unprepared to review HOA budgets, reserve studies, and parcel histories in detail before making an offer.Probably not
Buyers seeking a large, active inventory with multiple comparable units to choose from at any given time.Probably not

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: November 13, 2026)
Housing stock & ownershipFlorida DOR 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.

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