Villas Of Palm Bay Homes for Sale

Villas Of Palm Bay is a community in Florida City, Miami-Dade County, Florida. Active listings are priced from $369,000 to $399,900. Homes were built between 1994 and 2003. Pure Equity lists homes in Villas Of Palm Bay and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Villas Of Palm Bay and the Florida City area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 10 Villas Of Palm Bay Florida City homes for sale as of October 2026. The median asking price is $360,000. Asking prices run from $300,000 to $379,000.

That is 10% below the Florida City median of $400,000. On a per-foot basis, homes here ask about $332 per square foot, compared with $264 across Florida City. So the median price buys roughly 1,100 square feet of living area.

Listings here have averaged 82 days on the market. That is faster than the Florida City average of 121 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Villas Of Palm Bay date from 1994 to 2003. That puts them between 23 and 32 years old.

The range straddles 2002, when Florida adopted its statewide building code. Therefore two similar-looking homes here can carry very different insurance premiums. Ask for the wind mitigation report on any home you consider, since it drives much of that difference.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Rentals in Villas Of Palm Bay have a median asking rent of $2,225 per month, across 8 active rental listings. For comparison, the Florida City median is $2,625, so rents here run 15% lower.

For investors, those medians imply a gross yield near 7.4% a year. However, that figure comes before HOA dues, property tax, insurance and vacancy. Also check the association documents first, because many Florida HOAs cap leases or set minimum terms.

You can browse current Florida City rentals or ask us for a rent estimate on a specific Villas Of Palm Bay home.

Here is what the median Villas Of Palm Bay price means in Florida closing terms. At $360,000, a 20% down payment comes to about $72,000, leaving a loan near $288,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,008. Next, the intangible tax of 0.2% adds about $576. Buyers normally pay both at closing.

On the seller side, Miami-Dade charges deed stamps of 60 cents per $100 on a single-family home, about $2,160 at this price. Condos and other property types pay a higher rate.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Villas Of Palm Bay listings show assignments to Florida City (elementary), Homestead (middle) and Homestead (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.