Condo Investment Properties in Palm Bay, FL | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Palm Bay, FL

Property at 624 Cedar Side Cir NE, Palm Bay, FL
$ 215,000
ROI
29.3ROI percentage
Cash Flow/m
Dollar sign569
  • 3 Bed
  • 3 Bath
  • 1695 sft
624 Cedar Side Cir NE, Palm Bay, FL, 32905
Property at 1640 Sunny Brook Ln NE APT A107, Palm Bay, FL
$ 125,000
ROI
33.6ROI percentage
Cash Flow/m
Dollar sign481
  • 1 Bed
  • 1 Bath
  • 658 sft
1640 Sunny Brook Ln NE APT A107, Palm Bay, FL, 32905
Property at 1485 Malibu Cir NE APT 112, Palm Bay, FL
$ 178,999
ROI
24.1ROI percentage
Cash Flow/m
Dollar sign218
  • 2 Bed
  • 2 Bath
  • 836 sft
1485 Malibu Cir NE APT 112, Palm Bay, FL, 32905
Property at 654 Cedar Side Cir NE, Palm Bay, FL
$ 224,999
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign167
  • 2 Bed
  • 3 Bath
  • 1320 sft
654 Cedar Side Cir NE, Palm Bay, FL, 32905

Why Invest in Palm Bay, Florida?

Palm Bay, FL condo investments offer opportunities in a cooling market with increasing inventory. Stable rental demand supports yields around 6-7% amid softening prices. Investor metrics show cap rates near 7%, average rents at $1,600 monthly. Appreciation has moderated to 2% annually, with high renter occupancy at 38%. Cash flow potential remains positive for long-term holders.

8.5%
Avg. ROI
6.8%
Rental Yield
7.2%
Cap Rate
$450/mo
Avg. Cash Flow
$1600/mo
Avg. Rent
2.1%
1Y Appreciation

Frequently Asked Questions

Yes, with cooling prices and stable rents, condos offer solid cap rates around 7%. Increasing inventory provides entry points for cash flow. Renter demand remains high at 38% occupancy.

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