Palm Bay, FL - Tropicana, Palm Bay, FL
Palm Bay, FL - Tropicana — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Palm Bay, FL - Tropicana, Palm Bay, Florida. Explore the cited sources and local facts below while agent underwriting continues.
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Palm Bay, FL - Tropicana Neighborhood Overview
Located in the 32905 ZIP code, the Tropicana neighborhood is a residential community within the larger city of Palm Bay, Florida. It offers a suburban atmosphere with convenient access to the Space Coast's major attractions and employment centers. The area is characterized by its affordable living and family-friendly environment.
Lifestyle & Amenities
Residents enjoy a relaxed Florida lifestyle with numerous local parks and recreational facilities nearby. The neighborhood is situated close to essential shopping centers, dining options, and healthcare services for daily convenience. Its proximity to the Indian River Lagoon and the Atlantic coast provides ample opportunities for outdoor and water-based activities.
Real Estate Market
The Tropicana neighborhood features a highly accessible real estate market with a median home value of $180,700. Homes move quickly, averaging only 6 days on market, and the area has a homeownership rate of 58%. Rental options are available with a median monthly rent of $1,249.
Schools & Education
The neighborhood is served by the Brevard Public Schools district, which manages several schools in the broader Palm Bay area. Families have access to a range of public educational institutions from elementary through high school. The presence of Eastern Florida State College and proximity to other higher education centers provide continued learning opportunities.
Transportation & Connectivity
Major roadways like Interstate 95 and U.S. Route 1 provide efficient connections to Melbourne, the Melbourne Orlando International Airport, and the Kennedy Space Center. The neighborhood's street network is designed for easy local navigation. Public transportation options are available through Space Coast Area Transit services.
Why Choose Palm Bay, FL - Tropicana
Tropicana is an ideal choice for those seeking an affordable entry into the Florida housing market with a median household income of $54,145. It combines the tranquility of suburban living with the economic and recreational benefits of the Space Coast. The fast-moving market and high homeownership rate indicate a stable and desirable community for families and first-time buyers.
Palm Bay, FL - Tropicana Market Data
| Metric | Value |
|---|---|
| Median Home Price | $181K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $54K |
| Homeownership Rate | 57.7% |
| Renter-Occupied | 42.3% |
| Rental Vacancy Rate | 4.1% |
| Market Type | Balanced |
| Market Tier | Affordable |
| Primary ZIP Code | 32905 |
Top Real Estate Agents in Palm Bay, FL - Tropicana, Palm Bay
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Palm Bay, FL - Tropicana, Palm Bay, FL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Florida Department of Business & Professional Regulation (DBPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12