The Palms
Condos for Sale in Palm Bay, FL
All 1,171 homes for sale in Palm Bay, FL · median $344,990 · 29 condos for sale in Palm Bay · 203 homes for sale in 32905 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of September 2026, The Palms Condominium in Palm Bay, FL has 2 homes for sale. Over the 12 months ending 2026-09-20, 5 recorded sales closed at a median of $110,000, $103 per square foot, a median 127 days on market, sellers accepting 81% of original asking. Homes listed or recently sold were built 1983–1983; 7 of 7 report an HOA (median $395/mo); none of the 5 geocoded homes sit in a FEMA special flood hazard zone (median elevation 23 ft). At the median price 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).
| Location | Palm Bay, Brevard County, FL · ZIP 32905 |
|---|---|
| Home types (current listings and sales) | condos 100% |
| Amenities listed by sellers | Security Gate, Gated, Trash, Barbecue, Maintenance Grounds, Management - Off Site |
| Sale prices, last 12 months | $110,000 median across 5 closed sales · $103 per sq ft |
| Days on market (closed sales) | 127 median |
| For sale right now | 2 active, 0 pending · median asking $114,950 · 4.8 months of supply |
Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2005 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “The Palms Condominium key facts,” movewithmomentum.com/neighborhoods/the-palms-condominium, data as of September 20, 2026.
Price here is condition-driven, not amenity-driven. With a median around $110,000 and roughly $103 per square foot, The Palms Condominium sits at the entry end of the Palm Bay condo market, and what separates one unit's number from another's is going to be updates, floor, and condition rather than any shared feature set. There are no community amenities identified from current MLS listings, so buyers should price the unit in front of them, not a lifestyle package.
The market posture is slow. A median of 127 days on market tells you units here sit, and with only five closings in the window, comps are thin and each new sale carries weight. For sellers that means realistic pricing and patience; for buyers it means room to negotiate and time to do diligence. The 557% move since 2012 reflects how far this segment has come off its lows, not a promise of what comes next.
The Palms Condominium 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 September 20, 2026. Confidence: Medium (2 active and pending listings, 5 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 22, 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
The Palms Condominium market snapshot (as of September 20, 2026): the median sale price is about $110K ($103 per sq ft over the trailing 12 months of closed sales), a median 127 days on market for closed sales, and 4.8 months of supply, a balanced market.
In ZIP 32905 (Palm Bay), 2,169 homes closed in the last 12 months at a median of $319K ($189/sq ft), down 1.8% year over year, with a median 51 days on market. Right now 101 active and 29 pending listings put supply at about 4.7 months — a balanced market. See the live ZIP 32905 housing market and the Brevard County market.
Space Coast MLS sales records identify 70 homes in The Palms Condominium that have changed hands since 2005, built between 1980 and 1983 (median 1983), with a median living area of about 1,069 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.
The Palms Condominium is an entry-priced condo community in Palm Bay where the number on any given unit reflects its own condition more than anything shared. Expect a slow, thin market that rewards buyers who take their time and sellers who price honestly.
The setting & the homes.
Aerial and on-site photos of The Palms Condominium. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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The Palms CondominiumPhotos from Space Coast MLS listings in The Palms Condominium; content deemed reliable but not guaranteed.
Who The Palms Condominium is best for.
Best for
- Budget-focused buyers who want the lowest entry point into Palm Bay condo ownership
- Long-hold owners who don't need to resell quickly and can absorb a slow market
- Value hunters willing to trade condition work for a lower price and use negotiating leverage
Probably not for
- Buyers who need to resell fast or count on quick liquidity
- Anyone prioritizing shared amenities like a pool, gym, or clubhouse
- Buyers who want deep comp data and a fast, competitive-market timeline
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Space Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($110K) IS the median in the snapshot above.
Windows contain 0 to 25 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Space Coast MLS for the period 2005 through 2026. Deemed reliable but not guaranteed.
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 (2026-09-21).
The Palms Condominium Market Scorecard
The Palms Condominium is currently a balanced market. About 4.8 months of supply, a median asking price of $114,950.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Space Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in The Palms Condominium
Live MLS inventory for The Palms 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 The Palms Condominium listings as of 2026-09-21, priced high to low. Based on information from the Space Coast MLS for the period 2005 through 2026. Tap any home to ask about it.
Every Home for Sale in The Palms Condominium Right Now (2)
All 2 active and pending The Palms Condominium listings with a detail page, newest first, refreshed twice a day from the MLS.
- 2101 Forest Knoll Drive #01-205 · $110,000 · 2 bd / 2 ba · listed Jun 23, 2026 · listed by Now Realty Corp
- 2130 Forest Knoll Drive #30-201 · $119,900 · 2 bd / 2 ba · listed Jun 23, 2026 · listed by RE/MAX Aerospace Realty
The Palms Condominium on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- 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 The Palms Condominium 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 The Palms Condominium address.
Shop the zone: Homes zoned for Palm Bay High School
The The Palms Condominium buying strategy.
If we were buying in The Palms 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 The Palms Condominium.
A thin, slow condo market
Two facts define the buying experience here: a median 127 days on market and just five closings in the tracked window. Together they mean liquidity is limited. Sellers can't count on a fast exit, and buyers can't lean on a deep stack of recent comps to anchor value. Every listing effectively sets its own tone, which puts a premium on inspecting condition carefully and understanding the HOA before writing an offer.
The long-run figure — up 557% since 2012 — is real and worth naming, but read it in context. It measures recovery from a very low starting base, not a forward guarantee. What matters at the closing table today is the individual unit: its updates, its assessments, its floor and layout. Because there are no amenities identified from current MLS listings, none of that price is buying a pool or clubhouse — it's buying the four walls.
The location and the amenities are priced into every listing in The Palms Condominium. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in The Palms Condominium buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (5.1). Basis: Long-Term Appreciation +547% since 2012; Liquidity & Demand 4.8 months of supply; Pricing Power 81.3% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a market this thin, comps are scarce and each one skews the picture, so pricing and negotiation come down to judgment, not a spreadsheet. We read the individual unit against the limited data honestly, dig into HOA health and any assessments before you commit, and set expectations that match a 127-day median rather than a fantasy timeline. If a unit isn't worth its ask, we'll say so.
The Palms Condominium in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $395/month (about $4,740/yr) · median of 40 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $395 per month ($4,740 a year) — the median AssociationFee across 40 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.
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 The Palms 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 The Palms Condominium sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in The Palms 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 The Palms Condominium home worth?
Get a no-obligation home value based on real comparable sales in The Palms 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.
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Frequently Asked Questions
What is the median home price in The Palms Condominium?
How long do homes in The Palms Condominium take to sell?
Is The Palms Condominium a buyer's or seller's market right now?
Have The Palms Condominium home prices gone up?
Who is the best real estate agent for The Palms Condominium?
How do I find a top Palm Bay real estate agent who knows The Palms Condominium?
Can Momentum Realty connect me with an agent for The Palms Condominium?
Where is The Palms, and what county is it in?
Is The Palms a good place to live?
Should you buy in The Palms Condominium?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: September 21, 2026) |
| Community market stats | Space Coast MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2005 (176 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.
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 Space Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how The Palms Condominium fits the bigger picture — live prices, inventory, and Momentum Scores:
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