7
Palm Bay, FL Multifamily Homes & Duplexes for Sale
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$2,850,000
- 65 Beds
- 35 Baths
- 21,000 Sq Ft
3670 Dixie Hwy NE Unit 35, Palm Bay, FL 32905
3670 Dixie Hwy NE Unit 35, Palm Bay, FL 32905 -
$249,000 Open Sun 2PM - 4PM
2020 Agora Cir SE, Palm Bay, FL 32909
2020 Agora Cir SE, Palm Bay, FL 32909 -
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$585,000 New Construction
- 6 Beds
- 2 Baths
- 2,780 Sq Ft
1625 Chamorro St SE, Palm Bay, FL 32909
1625 Chamorro St SE, Palm Bay, FL 32909 -
$585,000 New Construction
- 6 Beds
- 4 Baths
- 2,780 Sq Ft
1625 Chamorro St SE Unit A & B, Palm Bay, FL 32909
1625 Chamorro St SE Unit A & B, Palm Bay, FL 32909 -
$585,000 New Construction
- 6 Beds
- 4 Baths
- 3,400 Sq Ft
1613 Chamorro St SE Unit A & B, Palm Bay, FL 32909
1613 Chamorro St SE Unit A & B, Palm Bay, FL 32909
About Palm Bay
The central Florida city of Palm Bay has traveled light years from its origins as a small agricultural community with orange and banana groves to become a center of expansion on Florida’s Space Coast. Today, the city of more than 140,000 is home to Patrick Space Force Base and is conveniently located minutes from West Melbourne's tech and aerospace hub. “We’re the largest city in Brevard County, not only in population but also in land mass, so there’s a lot of space for growth,” says Nancy Peltonen, president and CEO of the Greater Palm Bay Cha ...
Home Trends in Palm Bay, FL
On average, homes in Palm Bay, FL sell after 61 days on the market compared to the national average of 47 days. The average sale price for homes in Palm Bay, FL over the last 12 months is $332,311, up 1% from the average home sale price over the previous 12 months.
Home Trends
Median Price (12 Mo)
$330,000
Median Single Family Price
$339,900
Median Townhouse Price
$199,000
Median 2 Bedroom Price
$164,950
Median 1 Bedroom Price
$134,000
Average Price Per Sq Ft
$196
Number of Homes for Sale
1,038
Last 12 months Home Sales
2,880
Months of Supply
4.30
Median List Price
$345,000
Median Discount From 1st List Price
3%
Median Home Sale Price YoY Change
0%
In Palm Bay, there are currently 7 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $249,000 to $2,850,000, there's a range to accomodate every budget. As of April, 2025 the median home price in Palm Bay is $345,000, while the average sale price is $332,311, offering insights into the local housing market. On average, multi-family homes spend 61 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Palm Bay, FL.
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