Palm Bay
Branches located in Florida
About Palm Bay, Florida
Welcome to Palm Bay, Florida, a city that embodies the charm of the Space Coast with its scenic waterfront, lush parks, and vibrant communities. Nestled along the Indian River Lagoon, Palm Bay offers a diverse array of outdoor activities, from fishing and boating to hiking and biking. With its growing economy, diverse neighborhoods, and proximity to Cape Canaveral, Palm Bay is a dynamic place to live, work, and play.
Discover the natural beauty and adventurous spirit of Palm Bay.
Average Home Price in Palm Bay
The average home price in Palm Bay, FL, is approximately $215,000.
Based on calculations of home data from MLS and/or public records.
Veteran Benefits in Florida
-
Florida State Veterans Homes
Florida operates several state veterans' nursing homes providing long-term care, with locations in Daytona Beach, Land O' Lakes, Port Charlotte, and more, offering a range of services for veterans and their families.
-
Florida Veteran Financial Benefits
Veterans in Florida can benefit from homestead property tax exemptions, tax breaks on retirement income, and vehicle registration fee waivers for disabled veterans.
-
Florida Veteran Employment Benefits
The state provides employment support, job training, and placement services for veterans, granting preference in public employment.
-
Florida Veteran Education Benefits
Florida waives out-of-state tuition fees for veterans and offers scholarships for dependents of deceased or disabled veterans.
-
Florida Veteran Recreation Benefits
Veterans enjoy discounted hunting and fishing licenses, and free admission to state parks for honorably discharged veterans with service-connected disabilities.
-
Florida Veterans' Preference in Employment
Veterans are awarded preference in hiring for state and local government jobs, with added points to exam scores for eligible veterans and their spouses.
-
Florida Disabled Veteran Property Tax Exemptions
Disabled veterans qualify for property tax exemptions on their primary residence, based on their service-connected disabilities.
-
Florida Educational Benefits for Veterans and Dependents
The state provides tuition waivers for veterans and dependents at state universities and community colleges.
-
Florida Licensing Benefits for Veterans and Spouses
Fee waivers and expedited licensing processes are available for certain professional licenses to veterans, their spouses, and surviving spouses.
-
Florida State Park Discounts for Veterans
Honorably discharged veterans receive discounts on annual entrance passes to state parks, with free lifetime passes for those with service-connected disabilities.
Palm Bay Neighborhoods and Surrounding Cities
Palm Bay is characterized by its diverse neighborhoods, each offering unique amenities and lifestyles. From coastal retreats to bustling community hubs, here's a deeper look into some of the key areas:
- Malabar: A neighboring town offering rural living with larger properties and natural landscapes.
- Grant-Valkaria: Known for its country lifestyle, equestrian trails, and waterfront properties.
- Melbourne: Just to the north, providing additional urban amenities, shopping, and dining.
- West Melbourne: Offers a mix of residential neighborhoods and commercial developments.
- Viera: A master-planned community north of Palm Bay, known for its shopping centers, parks, and schools.
- Sebastian: Located to the south, offering a laid-back coastal lifestyle with riverfront attractions.
- Lockmar Estates: This neighborhood is prized for its spacious lots and family-oriented atmosphere. Lockmar Estates features a variety of custom-built homes, with a notable emphasis on green spaces and privacy. The area is also home to Lockmar Elementary School, making it a top choice for families.
- Port Malabar: Encompassing a large portion of Palm Bay, Port Malabar offers a wide range of housing options, from affordable starter homes to more upscale properties. The area is well-served by a network of parks and recreational facilities, including the Turkey Creek Sanctuary, a nature reserve that offers hiking, kayaking, and wildlife observation.
- Bayside Lakes: Bayside Lakes is a master-planned community known for its beautiful homes, manicured landscapes, and championship golf course at The Majors Golf Club. The community includes various subdivisions, each with its own unique charm, and offers residents amenities such as a shopping center, schools, and community centers.
- Palm Bay Colony: A welcoming 55+ community, Palm Bay Colony offers an active adult lifestyle with a variety of home styles, community clubhouses, and social activities. Its location provides easy access to shopping, dining, and medical facilities.
- Riviera Drive NE / Palm Bay Road NE: This area, near the Indian River, offers waterfront living with a mix of single-family homes and condominiums. Residents enjoy proximity to the river for boating and fishing, as well as easy access to major roadways and shopping centers.
- Compound Area: Known locally as "The Compound," this undeveloped area in southwest Palm Bay is popular with off-road enthusiasts and nature lovers. It's characterized by its wide-open spaces, dirt roads, and potential for future development.
- Country Club Vista: This neighborhood offers a mix of affordable homes with views of the Palm Bay Regional Park and the Habitat Golf Course. It's ideal for those seeking an active lifestyle, with easy access to outdoor recreation and community events.
- Deer Run: Located in the southern part of Palm Bay, Deer Run is an equestrian community that features larger lots, horse trails, and a serene, country-like setting. It appeals to those looking for a more rural lifestyle within city limits.
- Falls of Palm Bay: This gated community offers modern homes with amenities such as a community pool, clubhouse, and playgrounds. It's a great option for those seeking security and family-friendly facilities.
- Palm Bay Estates Mobile Home Park: Situated close to the Turkey Creek Sanctuary, this mobile home community offers affordable living with amenities like a swimming pool, clubhouse, and access to waterways for kayaking and fishing.
In addition to these neighborhoods, Palm Bay is surrounded by cities that offer their own unique attractions and living experiences. To the north, Melbourne provides additional urban amenities, shopping, and dining options, while to the south, the small towns of Malabar and Grant-Valkaria offer rural charm and access to natural Florida landscapes.
Military in Palm Bay
Palm Bay is proud to support its military community, with various resources and services available to veterans and active-duty members. While there are no major military bases within the city, the proximity to Patrick Space Force Base and other military installations in Central Florida ensures strong support networks:
- Patrick Space Force Base: Located nearby, offering a range of services and support for military personnel and their families.
- Palm Bay Veterans Memorial Park: Honors military service members and provides a space for community gatherings and events.
- Brevard Veterans Memorial Center: Located in Merritt Island, offering resources, a museum, and a meeting place for veterans.
Local Universities in Palm Bay
- Eastern Florida State College - Palm Bay Campus: Offers a wide range of academic programs, technical training, and continuing education opportunities.
- Florida Institute of Technology: Located in nearby Melbourne, providing higher education in engineering, science, aeronautics, and business.
VA Home Loans in Palm Bay with MHS Lending
Palm Bay's scenic beauty and growing community make it an appealing destination for homeownership. MHS Lending is committed to supporting veterans and military families in Palm Bay with tailored VA Home Loan services, ensuring a personalized and supportive home buying experience.
Working with MHS Lending in Palm Bay offers:
- Specialized Local Knowledge: Our familiarity with Palm Bay's real estate market means we can find the right home for you in this diverse city.
- Expertise in VA Loans: Our dedicated focus on VA Loans simplifies the process, making your path to homeownership smooth and straightforward.
- Personalized Customer Service: We pride ourselves on providing personalized support, guiding you through every step of the home buying process with your best interests at heart.
Let MHS Lending be your partner in exploring the opportunities for homeownership in Palm Bay. Discover the advantages of VA Home Loans and begin your journey to finding your perfect home. Get Started Now.
