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If you're looking at a Palm Bay house, there is a good chance its lot was drawn in the 1960s.
General Development Corporation bought about 2,500 acres here in 1959 and another 40,552 acres in 1961, then platted roughly 70,000 quarter-acre lots and sold them across the country. Palm Bay incorporated on January 16, 1960. The company later went bankrupt, in 1990, but the lot lines it drew are still the map of the city.
The tax roll counts 53,450 single-family homes in Palm Bay. 41,419 of them sit on lots recorded as Port Malabar, plus 1,927 on the Port Malabar Country Club units in the northeast.
The lots are regular and mostly close to a quarter acre. The median is 10,019 square feet, and about a third are a quarter acre or bigger. Because the whole city was platted before the utilities, one street can have city water and sewer while the next runs on a well and a septic tank. Check each address.
The canals came first. A roughly 180-mile drainage grid was dug starting in 1922 by the Melbourne-Tillman drainage district, not by the developer. The district still charges a per-acre fee on developed and vacant lots alike, so look for it on the tax bill.
8,107 homes on Port Malabar lots were built in 2020 or later, 1,398 of them in 2025 alone. Most went up one or two at a time on empty lots between older houses: 3,999 in the southeast and 2,611 in the southwest.
A brand-new house on a 1960s street is a normal Palm Bay purchase. It also means your neighbors can be 50 years apart in age, which matters for resale and for the look of the street.
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.
Listed by I AM HOME TEAM at RE/MAX Aerospace Realty. Status as of November 1, 2026, from their RE/MAX listing pages.
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For Sale◳ 12 photos
Sold◳ 12 photosThe land plan General Development Corporation recorded in the 1960s. About 70,000 quarter-acre lots were platted, and most of Palm Bay is built on them today.
The Melbourne-Tillman drainage district, starting in 1922. The district still charges a per-acre fee on lots inside it.
We price against the homes on your street and the new builds going up around them.