Shire The Palm Bay in Palm Bay

Shire The Palm Bay
Homes for Sale in Palm Bay, FL

All 1,176 homes for sale in Palm Bay, FL · median $340,000 · Brevard County homes for sale

Community in Palm Bay · Brevard County
68 homesBuilt 1964–2020
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Photo via Space Coast MLS

Built fromLive Space Coast MLS dataFL DOR public recordsUpdated twice daily

As of November 2026, Shire The Palm Bay in Palm Bay, FL has 5 homes for sale, asking from $100,000 to $235,000 (median $129,900). Homes listed or recently sold were built 1972 - 2025 with 1 new construction; 5 listings state no HOA; none of the 8 geocoded homes sit in a FEMA special flood hazard zone (median elevation 21 ft).

Live · Shire The Palm Bay Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
2.4mo
Supply
3 to 6 months is the balanced band
50%
Under contract
Brevard: 28% (1,397 of 4,982)
1 · 1
For sale · pending
live counts, refreshed twice daily
Ownership and context
34%
Owner-occupied · Shire The Palm Bay
23 of 68 parcels homesteaded (FL DOR 2025)
66%
Non-owner-occupied · Shire The Palm Bay
incl. 15% trust or LLC-held · 13% out-of-state
68
Homes in the community
68 residential parcels (FL DOR 2025)
Track record · years of records
1964–2020
Years homes were built
median 1975 · county roll (FL DOR 2025)

Homes For Sale Right Now in Shire The Palm Bay

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

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

Shire The Palm Bay is a small enclave of 68 homes, most built in the mid-1970s, with a median living area of 684 square feet. These are compact, older residences - many originally built as starter homes or investment properties. Condition and updates drive everything here; two otherwise identical floor plans can trade tens of thousands of dollars apart depending on kitchen, roof, and HVAC work. The homestead share of 34% tells you this is a mixed neighborhood: some long-term owner-occupants, a solid investor contingent, and turnover that keeps things liquid.

With just one active listing and 2.4 months of supply, the market leans seller today. That tightness doesn't mean bidding wars - it means limited choice and less negotiating room than you'd find in a deeper inventory pool. Buyers looking for move-in ready will wait or pay a premium; those comfortable with deferred maintenance can still find opportunity if they move when something decent hits.

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

Shire The Palm Bay Housing Pulse · Momentum Research · as of July 15, 2026

Shire The Palm Bay right now

🔴 Seller-leaning market. 2.4 months of supply and 50% of the inventory already under contract give sellers the pressure advantage.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 12, 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 compact, largely 1970s-era Palm Bay community where inventory is tight, homes are small, and condition varies widely enough that pricing depends more on what's been updated than on the address itself.

Flood zones in Shire The: 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

  • First-time buyers with repair skills and a tight budget who can trade sweat equity for affordability
  • Small-scale investors targeting Brevard rental inventory with proven tenant demand and manageable rehab scopes
  • Downsizers seeking minimal square footage, low purchase price, and proximity to Palm Bay services who can manage older-home maintenance

Probably not for

  • Buyers expecting turnkey condition, modern open floor plans, or granite-and-stainless finishes without a full renovation
  • Anyone requiring three bedrooms and two full baths in original configuration - most homes here are smaller
  • Investors relying on rapid appreciation or luxury-rental rents; this is a working-class price band with modest rent ceilings

The market around Shire The Palm Bay

Shire The 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 Shire The Palm Bay specifically. Momentum Research analysis of MLS records.

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

Schools

In short
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Palm Bay Elem · Elementary
  • Stone · Middle
  • Palm Bay · High

Zoned schools reflect the assignments reported on recent Shire The 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 Shire The Palm Bay address.

Recent Developments in Shire The

Development, infrastructure, retail, and school activity affecting Shire The, 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 6 miles northwest of Shire The, 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 15 miles north of Shire The, 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 3 miles north of Shire The.

    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 5 miles northwest of Shire The, 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 5 miles northwest of Shire The, 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 northwest of Shire The, elsewhere in Brevard County.

    Source: CFL Roads (FDOT)

Development alerts for Shire TheGet a short monthly email when something new is approved, funded, or opens near Shire The.

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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 Shire The Palm Bay 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

Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.

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 Shire The Palm Bay.

Best Buy
Buyers prioritizing affordable square footage in Palm Bay who can handle older systems and deferred maintenance.
Biggest Risk
Condition varies drastically; a low list price can hide expensive HVAC, roof, and plumbing catch-up.
Sweet Spot
Handy owner-occupants or experienced investors comfortable underwriting rehab costs and holding through tenant turnover.
Avoid If
You need move-in ready, modern finishes, or more than 700 square feet of living space without major additions.

Small footprints, big condition spread

Sixty-eight homes, median build year 1975, median living area 684 square feet. These are not sprawling ranch plans - think two-bedroom, one-bath footprints, sometimes stretched to three bedrooms in a long rectangle. Construction quality is typical late-century concrete block; what matters now is how much deferred maintenance the current owner tackled. A few homes have been substantially renovated or rebuilt (the range runs to 2020), but the median tells the story: you are shopping a neighborhood that came of age fifty years ago.

The low homestead share - 34% - signals that many of these properties cycle through as rentals or flips. That can mean inconsistent upkeep and a mix of pride-of-ownership alongside purely transactional owners. For a buyer, it means due diligence on every system and surface. For an investor, it means rental comps are plentiful and tenant demand is established, but you will compete with other investor bids when something priced right appears.

One active listing in a 68-home community produces a 2.4-month supply and a seller-leaning posture. Practically, that means limited selection and less room to negotiate repairs or price. If you are hunting for exactly this size and exactly this budget in Palm Bay, you may wait weeks between suitable listings. If you need to close on a timeline, be ready to move decisively when inventory appears - and bring a contractor's eye or a good inspection budget.

“

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

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a 68-home neighborhood with one active listing, you need an agent who monitors off-market whispers, knows which properties are about to list, and can walk you through condition red flags before you write an offer. Momentum's Brevard team understands the difference between a cosmetic refresh and a roof-and-plumbing overhaul, and we will tell you when a deal that looks cheap is actually expensive. We also know the investor playbook here - what rents for how much, which rehab dollars come back, and when to walk away. Whether you are buying to live or buying to lease, we make sure the numbers and the timeline work before you commit.

Shire The Palm Bay in 15 seconds.

Best forBuyers prioritizing affordable square footage in Palm Bay who can handle older systems and deferred maintenance.
Biggest advantageTight inventory means less competition per listing and established rental demand for small-footprint investment properties.
Biggest riskCondition varies drastically; a low list price can hide expensive HVAC, roof, and plumbing catch-up.
Sweet spotHandy owner-occupants or experienced investors comfortable underwriting rehab costs and holding through tenant turnover.
Avoid ifYou need move-in ready, modern finishes, or more than 700 square feet of living space without major additions.
The takeaway

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

What is your Shire The Palm Bay home worth?

Get a no-obligation home value based on real comparable sales in Shire The 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.

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Real comps, not an automated estimate.
Shire The Palm Bay key facts
LocationPalm Bay, Brevard County, FL
Homes in the community68 (FL DOR 2025 assessment roll)
Years built1964–2020 (median 1975)
Typical living area684 sq ft (median)
Home types (current listings and sales)manufactured homes 78%, mobile homes 22%
Amenities listed by sellersCarbon Monoxide Detector(s)
For sale right now1 active, 1 pending · median asking $235,000 · 2.4 months of supply
Owner-occupied (homestead) share34%

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, “Shire The Palm Bay key facts,” movewithmomentum.com/neighborhoods/shire-the-palm-bay, data as of July 15, 2026.

Just listed in Shire The Palm Bay

The newest homes for sale in Shire The Palm Bay 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.

Every Home for Sale in Shire The Palm Bay Right Now (5)

All 5 active and pending Shire The Palm Bay listings with a detail page, newest first, refreshed twice a day from the MLS.

How much local inventory is already under contract

23% of homes for sale in ZIP 32905 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 (2026-11-12).

The Shire Market Scorecard

Buyer-Leaning Market (limited data)

The Shire is currently a buyer-leaning market (limited data). About 15.0 months of supply, a median asking price of $129,900.

15.0
Months supply
$129,900
Median list
$82,750
Median sold
$111
Per sqft
n/a
Days on mkt
5/0/4
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 2026-11-11. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Email me new listings in Shire The Palm Bay

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 Shire The Palm Bay

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Shire The Palm Bay 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.

What it really costs to own in Shire The Palm Bay

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 $790/yr across 4 listings here (MLS tax records, 2026-11-12).
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 1980 across 4 listings. An original roof here would be about 46 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails.

Frequently Asked Questions

Is Shire The Palm Bay a buyer's or seller's market right now?
As of July 15, 2026, Shire The Palm Bay leans toward sellers: 2.4 months of supply at the current sales pace (Space Coast MLS live counts).
How many homes are in Shire The Palm Bay?
The Florida DOR 2025 assessment roll shows 68 homes in Shire The Palm Bay (public records).
What share of Shire The Palm Bay is owner-occupied?
34% of Shire The Palm Bay parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Shire The Palm Bay built?
Homes in Shire The Palm Bay were built between 1964 and 2020, with a median year built of 1975 (FL DOR 2025 roll).
Who is the best real estate agent for Shire The Palm Bay?
The best agent for Shire The Palm Bay 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 Shire The Palm Bay.
How do I find a top Palm Bay real estate agent who knows Shire The Palm Bay?
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 Shire The Palm Bay and the wider Palm Bay area.
Can Momentum Realty connect me with an agent for Shire The Palm Bay?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Shire The Palm Bay purchase or sale - no call center and no pressure.
Where is Shire The Palm Bay, and what county is it in?
Shire The Palm Bay is in Palm Bay, Brevard County, FL.
First-time buyers with repair skills and a tight budget who can trade sweat equity for affordabilityExcellent fit
Small-scale investors targeting Brevard rental inventory with proven tenant demand and manageable rehab scopesExcellent fit
Downsizers seeking minimal square footage, low purchase price, and proximity to Palm Bay services who can manage older-home maintenanceExcellent fit
Buyers expecting turnkey condition, modern open floor plans, or granite-and-stainless finishes without a full renovationProbably not
Anyone requiring three bedrooms and two full baths in original configuration - most homes here are smallerProbably not
Investors relying on rapid appreciation or luxury-rental rents; this is a working-class price band with modest rent ceilingsProbably not

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: November 11, 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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