Palm Bay FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Palm Bay, Florida.

Featured Foreclosure Listings in Palm Bay, FL

Palm Bay Home Foreclosure Listing ID: 2159633

Foreclosure

Palm Bay, FL - 32905

2 Bd | 2 Ba | $48,500.00

Palm Bay Home Foreclosure Listing ID: 2113290

Foreclosure

Palm Bay, FL - 32905

3 Bd | 2 Ba | $49,900.00

Palm Bay Home Foreclosure Listing ID: 2159029

Foreclosure

Palm Bay, FL - 32905

3 Bd | 2 Ba | $54,900.00

Palm Bay Home Foreclosure Listing ID: 2159634

Foreclosure

Palm Bay, FL - 32907

3 Bd | 2 Ba | $72,900.00

Palm Bay Home Foreclosure Listing ID: 2159282

Foreclosure

Palm Bay, FL - 32905

2 Bd | 2 Ba | $79,900.00

Total: 63
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
12 Photos
JERSEY LN NE Palm Bay FL 32905 Foreclosures 3 2 $54,900.00 Details
2
7 Photos
CEDAR SIDE CIR NE Palm Bay FL 32905 Foreclosures 3 2 $59,800.00 Details
3
7 Photos
KEMPTEN ST NW Palm Bay FL 32907 Foreclosures 3 2 $42,900.00 Details
4
11 Photos
SHAYNE LN NE Palm Bay FL 32905 Foreclosures 4 3 $89,900.00 Details
5
10 Photos
BRAUN ST NE Palm Bay FL 32905 Foreclosures 3 2 $194,900.00 Details
6
3 Photos
DUPONT ST NE Palm Bay FL 32907 Foreclosures 3 2 $54,100.00 Details
7
6 Photos
TEJON AVE SW Palm Bay FL 32908 Foreclosures 3 2 $54,500.00 Details
8
8 Photos
TOOLEY RD SW Palm Bay FL 32908 Foreclosures 3 2 $82,500.00 Details
9
9 Photos
OAK CT NW Palm Bay FL 32907 Foreclosures 3 2 $89,900.00 Details
10
10 Photos
MADDEN AVE SW Palm Bay FL 32908 Foreclosures 3 2 $72,000.00 Details
11
12 Photos
DEGROODT RD SW Palm Bay FL 32908 Foreclosures 3 2 $39,900.00 Details
12
10 Photos
AIROSO RD SE Palm Bay FL 32909 Foreclosures 3 2 $84,900.00 Details
13
1 Photo
PORT MALABAR BLVD NE APT 311 Palm Bay FL 32905 Foreclosures 3 2 $49,900.00 Details
14
1 Photo
SUNNY BROOK LN NE APT A105 Palm Bay FL 32905 Foreclosures 2 2 $34,000.00 Details
15
7 Photos
KAYFORD ST NW Palm Bay FL 32907 Foreclosures 3 2 $57,900.00 Details
16
4 Photos
CEDAR SIDE CIR NE UNIT 123 Palm Bay FL 32905 Foreclosures 2 2.5 $30,000.00 Details
17
2 Photos
NORTHVIEW ST NE Palm Bay FL 32905 Foreclosures 3 1 $21,900.00 Details
18
13 Photos
FALLON BLVD NE Palm Bay FL 32907 Foreclosures 3 2 $103,000.00 Details
19
11 Photos
ALBION ST NW Palm Bay FL 32907 Foreclosures 4 2 $66,600.00 Details
20
12 Photos
IDEAL AVE NE Palm Bay FL 32905 Foreclosures 2 2 $39,900.00 Details
About our Listings

How to Buy Palm Bay Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Palm Bay, FL starts with finding listings. By browsing Palm Bay foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Palm Bay, FL.

>> See more info about how to Buy foreclosures

How to Invest in Palm Bay Foreclosures

How to invest foreclosure

Palm Bay foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Palm Bay real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Palm Bay foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Palm Bay foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Palm Bay

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Palm Bay will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Palm Bay, FL. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Palm Bay apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

Florida Foreclosure Laws

Foreclosure law

In the state of Florida, real estate foreclosures are judicial foreclosures, meaning that distressed properties in Florida are handled by the legal system in the state. Typically, cases involving foreclosure houses must be approved by a court - sometimes a special foreclosure court - before they can be handled by real estate brokers and sold. The lender will file a complaint along with a Lis Pendens notice; the court will then decide if the complaint is valid. If it is, the court will issue a writ for a public auction for the property. If these properties do not sell, the lender regains possession of the home, and they become Florida REO properties.

Palm Bay Banks Foreclosures

Bank Foreclosure

Palm Bay bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Palm Bay, FL are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Palm Bay bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Palm Bay Florida to be similar to buying from an agent. Check our Palm Bay bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Palm Bay Government Foreclosures

Government Foreclosure

Palm Bay Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Palm Bay FL are another popular type of foreclosure, as are VA foreclosures in Palm Bay, which are available from the Veterans Affairs Department for especially great deals. Check our Palm Bay government foreclosure listings.

>> See more info about govermment foreclosures

Palm Bay Pre-Foreclosures

Foreclosure

PreForeclosures in Palm Bay are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Palm Bay Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

Palm Bay Foreclosure Auctions

Foreclosure Auction

Most Palm Bay foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Palm Bay, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Palm Bay, FL. We offer a comprehensive Palm Bay foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Palm Bay, Florida

Find Home Foreclosure Listings in Palm Bay, FL

Palm Bay foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Palm Bay, FL and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Palm Bay Florida, best affordable foreclosure condo in Palm Bay, cheap apartments for sale, bargain foreclosed homes for sale in Palm Bay, FL and earn huge savings on the homes YOU want to buy!

Our Palm Bay Foreclosure Lists

You can find Palm Bay foreclosure homes for sale which you can buy for living or investment. Simply click through our Palm Bay foreclosure home listings to find government foreclosures and bank owned homes in Palm Bay area. If you're searching for a deep discount or low prices on real estate then searching our Palm Bay foreclosure lists for homes foreclosure for sale or short sale listing in Palm Bay is your answer. Our up-to-date Palm Bay short sale listings provide the latest investing opportunities on affordable Palm Bay bank owned property listings, government pre foreclosure lists, Palm Bay banrkuptcy homes and Palm Bay HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Palm Bay, you should have little trouble finding the cheapest deal on a foreclosed home in Palm Bay, Florida.

You can also search Indialantic foreclosure listings and Cape Canaveral foreclosure listings for more properties in the neighboring area.



Palm Bay, FL

As of 2011, Palm Bay's population is 106,796 people. Since 2000, it has had a population growth of 34. 45 percent. The median home cost in Palm Bay is $132,500. Home appreciation the last year has been -10. 76 percent. Compared to the rest of the country, Palm Bay's cost of living is 5. 00% Lower than the U. S. average. Palm Bay public schools spend $4,585 per student. The average school expenditure in the U. S. is $5,678. There are about 16. 2 students per teacher in Palm Bay. The unemployment rate in Palm Bay is 10. 50 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Palm Bay jobs have Decreased by 1. 84 percent. Average Commute time is 28 minutes. The National Average is 28 minutes.

Peoplepalm-bay, flUS
Population106,796307,829,557
Pop Density1,67387
Pop Change34.45%9.34%
Median Age37.736.6
Households40,987116,329,167
Household Size2.632.58
Male Population48.94%49.31%
Female Population51.06%50.69%
Married Population49.89%47.15%
Single Population50.11%52.85%
Estimated Households By Household Incomepalm-bay, flUS
Income Less Than 15k10.37%12.10%
Income Between 15k And 25k11.76%10.18%
Income Between 25k And 35k14.20%10.56%
Income Between 35k And 50k18.95%14.98%
Income Between 50k And 75k23.31%19.53%
Income Between 75k And 100k11.66%12.52%
Income Between 100k And 150k7.59%12.14%
Income Between 150k And 250k1.33%3.91%
Income Between 250k And 500k0.68%3.34%
Income Greater Than 500k0.15%0.75%
Economypalm-bay, flUS
Unemployment Rate10.50%9.10%
Recent Job Growth-1.84%-0.12%
Future Job Growth25.82%31.25%
Sales Taxes6.00%6.80%
Income Taxes0.00%6.25%
Income Per Cap$20,831$27,067
Household Income$45,664$52,954
Housingpalm-bay, flUS
Median Home Age20.835.1
Median Home Cost$132,500$175,100
Home Appreciation-10.76%-3.15%
Homes Owned69.33%59.90%
Housing Vacant9.59%10.37%
Homes Rented21.09%29.73%
Property Tax Rate$11.04$11.20
Owner Occupied Housing Units By Valuepalm-bay, flUS
Less Than 20k0.39%2.65%
20k To 399990.94%3.76%
40k To 599992.65%4.99%
60k To 799997.44%6.01%
80k To 9999911.70%7.27%
100k To 14999945.26%19.24%
150k To 19999920.97%14.67%
200k To 2999999.04%18.09%
300k To 3999991.21%9.14%
400k To 4999990.15%4.94%
500k To 7499990.15%5.42%
750k To 9999990.05%2.03%
1kk Or More0.03%1.77%
Educationpalm-bay, flUS
School Expend$4,585$5,678
Pupil Teacher Ratio16.214.9
Students Per Librarian796803
Students Per Counselor418513
2 Yr College Grad11.39%7.47%
4 Yr College Grad13.08%17.42%
Graduate Degrees5.42%10.12%
High School Grads88.31%84.72%
Crimepalm-bay, flUS
Violent Crime64
Property Crime44
Housing Units By Year Structure Builtpalm-bay, flUS
1999 To 200527.48%13.71%
1995 To 19989.44%8.54%
1990 To 19949.89%5.77%
1980 To 198936.23%13.87%
1970 To 197911.01%16.17%
1960 To 19694.28%11.70%
1950 To 19591.21%11.08%
1940 To 19490.37%6.02%
1939 Or Earlier0.10%13.15%

Table Information