Palm Bay, FL Subdivisions & Condo Buildings

Palm Bay's subdivision landscape spans fifteen distinct communities, ranging from established resale-only neighborhoods to newer construction developments still building out. The largest concentration of current inventory sits in Reserve at Country Club Lakes Estates, which serves as a useful benchmark for pricing and pace in the market. New-construction buyers gravitate toward communities like Malabar Springs, Aspire at Treasure Coast, and Harbor Square, where builders continue to deliver single-family and townhouse product. On the resale side, long-established pockets such as Port Malabar, Sleepy Hollow, Pinewood Estates, and Deer Run offer more variety in lot size and vintage, including some vacant land opportunities. Waterstone's cluster of communities, including Bridgewater at Bayside Lakes, Courtyards at Waterstone, Gardens at Waterstone II, and Heron Bay at Waterstone, rounds out the single-family options, alongside smaller pockets like The Falls and Cypress Bay Preserve. There are no dedicated 55+ active adult communities in this lineup, so Palm Bay's subdivisions primarily attract growing families and first-time buyers seeking a mix of turnkey new builds and value-oriented resale homes.

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Aspire at Treasure Coast

There is currently 1 single-family home at $419,990 for sale.

Single FamilyLandNew Construction
$30,500–$423,435
Median $324,195
1 for sale

Bridgewater at Bayside Lakes

There are currently no homes for sale in Bridgewater at Bayside Lakes.

Single Family

Courtyards at Waterstone

There are currently no homes for sale in Courtyards at Waterstone.

Single Family

Cypress Bay Preserve

There are currently no homes for sale in Cypress Bay Preserve.

Single Family

Deer Run

There is currently 1 land listing at $269,000 for sale.

Single FamilyLand
$150,000–$1,125,000
Median $690,000
1 for sale

Gardens at Waterstone II

There are currently no homes for sale in Gardens at Waterstone II.

Single Family

Harbor Square

There are currently 8 townhouses from $248,390 to $305,590 for sale.

CondoTownhouseNew Construction
$248,000–$365,090
Median $275,495
8 for sale

Heron Bay at Waterstone

There are currently no homes for sale in Heron Bay at Waterstone.

Single Family

Malabar Springs

There are currently 21 single-family homes from $348,490 to $496,385 for sale.

Single FamilyNew Construction
$321,790–$492,210
Median $437,220
21 for sale

Palm Bay Estates

There are currently 4 land listings at $25,000 for sale.

Land
$10,000
4 for sale

Pinewood Estates

There is currently 1 single-family home at $454,900 for sale.

Single Family

Port Malabar

There are currently 11 land listings from $40,000 to $53,000 and 4 single-family homes from $241,900 to $389,000 for sale.

Single FamilyLandNew Construction
$30,000–$370,000
Median $235,000
15 for sale

Reserve at Country Club Lakes Estates

There are currently 18 single-family homes from $309,000 to $495,500 for sale.

Single FamilyNew Construction
$313,500–$510,500
Median $400,280
18 for sale

Sleepy Hollow

1 home sold in the past year at $505,500.

Single Family
$505,500

The Falls

There are currently no homes for sale in The Falls.

Single Family
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