Palm Bay is a dynamic, exciting city that routinely tops charts on America’s most thriving communities. In 2014 and 2017, it received accolades from Forbes related to economic growth and increasing home value. However, investors aren’t the only people that should keep their eye on Palm Bay. It’s a beautiful city nestled in nature with countless opportunities for family fun in the great outdoors.
Having Fun in Palm Bay
In addition to economic recognition, Palm Bay routinely performs well on technology and provides ample opportunities for outdoor recreation. It’s a wonderful place for a family to live close to nature while still enjoying all the benefits of modernity.
Boating, Fishing, and More
Palm Bay is a haven for fishers and boaters. There are many spots around the city where you can head to go fishing and remain confident that you’ll go home with fresh fish. Not to mention, there are extremely varied opportunities to enjoy the water. Taking a boat to the ocean or casting your line off of a pier are great choices, but there are also crystal-clear lakes and Florida marshes waiting. Even then, that’s only the beginning: Palm Bay is rife with nature walks and excellent hiking trails.
Visit the Kennedy Space Center
Hardly anything delights children like space, and the Kennedy Space Center is fairly close to Palm Bay. The center is an exciting, interesting destination for all ages, and with a bit of luck, you might get to see a rocket launch.
Palm Bay Restaurants
There are countless interesting, local restaurants and taverns that dot the Palm Bay cityscape. If you enjoy hearty, satisfying Southern food, don’t miss out on the smoked chicken at the Broken Barrel Tavern. Numerous Japanese and Thai restaurants also deliver a distinctive Asian flair to the local food offerings.
Excellent Brevard County Schools
As part of Brevard County, Palm Bay is part of an excellent, high-performing school system. Children who study here score several points about the Florida average. For instance, Brevard County schools lead the average Florida student with 60% reading proficiency against 55%. While Brevard County’s 3% lead in mathematics is not quite as impressive, it is quite substantial.
Strong Investment Opportunities
Home values in Palm Bay routinely experience astonishing rates of growth. Forbes reported that in 2016, local property prices went up by over 13%. While this particularly incredible leap has not held year-by-year, value increases typically come close to 10% annually. In 2019, square footage-based measurements of value increased by over 9% according to Redfin. Home sale prices weren’t far behind, as they grew by over 8% compared to the previous year.
The real estate market in Palm Bay is booming, and many homeowners are interested in profiting off of this. On the other hand, it’s also an ideal city to start a family or invest in real estate. Whether you’re looking to buy or sell in Palm Bay, David Curri can help.
Call David Curri Real Estate Group
David Curri has years of experience serving communities across Florida, around Brevard County in particular. As a result, we have deep familiarity with the local market and we put that knowledge to work for our clients. If you want to get the best deal on Brevard County real estate, your next step is simple. Submit your information below, and one of our agents will contact you right away with an assessment.