
The oldest part of Palm Bay, with the biggest lots and, on the tax roll, the lowest median sale price of the four quadrants.
Every Palm Bay street address ends in NE, NW, SE or SW. Roughly, Malabar Road splits north from south and Minton Road splits east from west, but the suffix on the address is the reliable test.
Palm Bay Hospital is here at 1425 Malabar Road NE, and so is the river side of the city.
The typical northeast home was built in 1983, the oldest of the four quadrants. 43% of lots are a quarter acre or bigger, the highest share in the city. Only 661 homes here were built since 2020.
That combination means updated older homes compete with each other on condition, not age. The middle half of 2025 and 2026 sales ran from $235,000 to $365,000, the widest spread in Palm Bay.
Lockmar is a neighborhood name people use in northeast Palm Bay, ZIP 32907, rather than one subdivision. Several recorded plats carry it, like Lockmar Estates and Lockmar Acres. Lockmar Elementary, at 525 Pepper Street NE, carries the name too. Homes around Emerson Drive, Hurst Road, Gabriel Avenue and Penguin Avenue get described as Lockmar.
There is no official boundary. If a listing says Lockmar, look at the actual street, and check the assigned school with the Brevard Public Schools locator by exact address.
The Port Malabar Country Club neighborhood has 1,927 homes on the tax roll, typical build year 1979. Its golf course opened its front nine in 1965, hosted LPGA events in 1968 and 1969, and closed after the 2004 hurricanes. Recent sales there had a median of $246,150.
New homes are going up on the former course. Country Club Lakes Estates has 203 homes on the roll, typically built in 2022, with a median sale of $538,000 across 44 sales. The Reserve at Country Club Lakes Estates is platted for 199 homes on 74.24 acres at the end of Country Club Drive NE.
Home counts, years built and lot sizes come from the Florida DOR 2026 preliminary tax roll (single-family homes). Sale prices are qualified sales recorded in 2025 and 2026. Quadrant is the NE, NW, SE or SW on the street address.
In northeast Palm Bay, ZIP 32907, around Lockmar Elementary on Pepper Street NE. It is a neighborhood name used by several recorded subdivisions, not a single community with a fixed boundary.
It closed after the 2004 hurricanes. New homes are now being built on the former course in Country Club Lakes Estates and the Reserve at Country Club Lakes Estates.
Older homes here sell on condition. We price against the ones like yours, not the new builds.