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Palm Bay, FL Properties

4,191 of 104,775 results

Find, analyze, and compare Palm Bay, FL investment properties, including off-market opportunities and residential homes with value-add potential. Palm Bay offers a diverse housing market with single-family homes, and vacant properties. Investors can explore potential investment opportunities for long-term rentals (LTRs) throughout Florida. Explore housing market trends in Palm Bay, where up-and-coming neighborhoods may offer potential for passive rental income and other investment strategies. Property Intel by Whitepages makes it easy to analyze market trends, uncover off-market properties, compare neighborhood benchmarks, and access owner contact information to help you find the best investment properties in Palm Bay, FL for your real estate goals.

In Palm Bay, the median property value currently stands at $232,623, reflecting a 1.15% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $293,868 (a 0% gain). The housing market includes a total of 150,773 houses.The median home in Palm Bay has 1,602 square feet of living space, priced at a median of $169 per square foot with a median year built of 1992. For long-term rental properties in Palm Bay, the median annual gross rental income is $24,000 (or $2,000/month) with estimated operating expenses of $6,972, resulting in an approximate gross cap rate of 6.31%.

Property Intel by Whitepages helps investors and homeowners explore the Palm Bay area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in Palm Bay, FL.

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Housing Market Trends & Statistics for Palm Bay, Florida

Median Property Value
$232,623
Total number of Properties
150,773
Median Living Space
1,602 sq ft
Median Year Built
1992 (33 years)
5-Year Appreciation Forecast
$293,868
Median Lot Size
10,019 sq ft
Average Ownership
1 year
for Palm Bay, FL
  • Est. Rental Income
    $24,000 ($2,000 per month)
  • Net Operating Income
    $17,028 ($1,419 per month)
  • Cap Rate
    6.31%

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