How much does a residential lot cost in Palm Bay?

Most quarter-acre residential lots in Palm Bay range from $41,000 to $80,000 depending on unit, utilities, and lot characteristics. Pricing is calculated per square foot starting around $4.10/sqft for inland units, with premiums added for city water, sewer, oversized lots, and canal frontage.

What are the owner financing terms?

Standard owner financing terms are 30% option money and a 10% fixed interest rate, amortized over up to 10 years. A financing charge applies at closing; APR varies depending on how it is handled. The deed transfers when 40% of the purchase price has been paid. No banks, no credit checks, no traditional mortgage process. See complete financing terms and representative example for full details.

Do all units have city water and sewer?

No. Only some Palm Bay units have city water and sewer. Many residential units require well and septic, which is typically less expensive than long-term city water and sewer assessments. Each unit's utility status is listed in the price guide.

Can I buy multiple lots at once?

Yes. Bulk and assemblage pricing is available for builders and investors purchasing multiple contiguous lots. Call 321-333-7230 for a custom quote on bulk packages.

Price Guide & Financing Terms

Browse available lots and land — see pricing and owner-financing options

Browse All Lots — See Price on Any Lot

2026 Palm Bay Lots — Prices & Policies

Vahid Rajabian, Broker Associate · M. David Moallem, Inc. · License #BK3454072

Standard lot size is 10,000 sq ft. Price varies by unit — see below.

Base Prices — First 10,000 sq ft

Unit 49$4.10 / sq ft

Units 15, 17, 18, 19, 20, 22, 23, 24, 25, 30, 32, 36, 37$4.50 / sq ft

Units 13, 14, 26, 39, 41, 42, 44, 50$5.20 / sq ft

Unit 40 — commercial / multifamily$450,000 / acre

Utility & Lot Premiums

City water lots+$20,000

City water & sewer lots+$40,000

Exceptional canal lots (more privacy)+$5,000

City Water & Sewer Units: 5, 7, 8, 9, 13, 38, 40

City Water Units: 10, 11, 12, 16, 21, 28, 31, 42, 44, 46, 48, 50

Units 51, 52 & 53: Not buildable — available only as part of a whole package.

Vacant residential lot in Palm Bay — 1 · Pick Your Lot

Home under construction in Palm Bay — 2 · Build Your Home

Finished new-construction home in Palm Bay — 3 · Move In

In any unit, every square foot beyond the first 10,000 drops to just $3.00 / sq ft — so larger and oversized lots cost less per foot.

Our prices reflect fair, honest market value — the same price for everyone. Prices and terms are firm.

Use the See Price button on any lot in the inventory to calculate the exact price and monthly payment instantly.

Owner Financing

Typical monthly payment is $13.22 per $1,000 financed, 10-year amortization at a 10% fixed interest rate (12.33%–12.58% APR*), minimum 30% option money. Financing charges and APR vary — see complete financing terms and representative example for details. No pre-payment penalty, no balloon.

Exceptional and oversized lots are priced individually.

All lots come with our lot exchange guarantee: if a lot has an issue, you can exchange it within the same year you purchased it for another lot of the same price and size category, unless otherwise noted in the contract. There is no recording fee during the option contract; fees apply after the deed transfers.

If you bought a lot from another seller and want to exchange it into our inventory, the minimum exchange fee is $7,500 (includes title insurance).

Contact: Vahid Rajabian, Broker Associate

M. David Moallem, Inc. | License #BK3454072

1663 Georgia St NE, Suite 700, Palm Bay, FL 32907

Phone: 321-333-7230 | Email: vahid@palmbayland.com

All prices and terms are subject to change without notice. This information is for reference only and does not constitute an offer to sell.