Palm Bay · Selling
Selling after hurricane or flood damage in Palm Bay
What you must tell buyers about flooding, your insurance claim, and repair-or-sell-as-is in plain words.
Free · Agents who know Palm Bay · Every step in one app
Palm Bay has more residents than any other city in Brevard County.
If a hurricane or a flood has hit your home, you may be living with a tarp on the roof, fans in the hallway, or a claim that seems to move very slowly. Many people in your spot feel tired and unsure. They wonder if anyone will want the home now, and if they will lose money no matter what they do.
Read the full guide: selling after hurricane or flood damage, step by step →
What this means in Palm Bay
- The typical owner-occupied home in Palm Bay is worth about $283,200, 17% below the Brevard County typical value. At about 6–8% total selling costs, that is roughly $17,000–$22,700 on a typical sale here; your own number depends on your price and mortgage.
- Palm Bay is a city, so its own office handles this: building permits for repairs, roofs, additions and new homes go through City of Palm Bay Building Department (Permits/Inspections). Open or missing permits can delay a closing, so checking them early saves time.
- To look up a home's flood zone in Palm Bay, use City of Palm Bay Flood Information. A home's flood zone decides whether a lender requires flood insurance.
- Palm Bay Utilities covers a large part of the city, but some areas have no city water or sewer yet, so check the address on the city's water/sewer map. Moving a home from a private well to city water costs a $2,049 water capital charge plus a $100 deposit (for a standard 80-foot lot).
What’s different for you
- Answer the three flood questions. Florida asks sellers about flood damage, flood insurance claims and flood help such as FEMA aid, before the contract is signed.
- Share other known problems. Florida sellers must disclose known hidden problems that affect value.
- Agree on repairs or a credit. Put in writing who repairs what, and what happens to open insurance claims.
When you start in CloseHive from this page, your plan already includes these steps, along with the usual ones for selling in Palm Bay. You always see what to do next, and your agent handles the how.
Palm Bay in numbers
- The typical home here is valued at about $283,200, which is 17% lower than Brevard County as a whole ($339,600).
- The typical home here was built around 1993, about 33 years ago. Ask about the roof's age early, because Florida insurers look at it closely.
- 80% of homes are lived in by their owners, close to the county's 77%.
- Owners with a mortgage pay about $1,549 a month in housing costs, about the same as typical rent ($1,601).
At a typical Palm Bay price of about $285,000, Florida's deed tax is $1,995 and the owner's title policy is about $1,500. Typical value here is 3.9 times the typical household income, compared with 4.3 for the county.
Questions people ask
Do I have to tell buyers about past flooding?
Florida’s flood disclosure law asks sellers about flood damage, flood claims and flood help they received; your agent adds your answers to your disclosures.