Palm Bay has long been the perfect location for retirement, and Palm Bay Colony is a premier neighborhood for winter visitor residents and retirees. The deeded subdivision allows home owners in the adult-only park to avoid lot rental and qualify for the Florida Homestead Tax Exemption. Palm Bay Colony offers lots for mobile and manufactured homes, with an average price per square foot of only $40 in early 2011.
Robert Conlan Boulevard and Lipscomb Street border the east and west sides of the subdivision, however wooded lots shield the residents from the noise and traffic of these two roads. Three streets on each side of the park provide easy access to the 6 north-south and 6 east-west streets in the neighborhood. On both the north and south sides of the subdivision, wooded areas separate the homes from nearby commercial parks.
Palm Bay Colony lies within minutes of Palm Bay Road, which gives access to US Highway 1 and Interstate 95, shopping, restaurants, businesses, parks, golf, beaches, fishing and boating. The park offers a pool, community center, shuffleboard and tennis courts. Social activities include card games, karaoke, dinners and exercise classes. A Welcoming Committee greets all new HOA members.
With tall pines and oak trees surrounding the park, residents frequently spot wildlife such as raccoons, rabbits, wildcats, eagles, cranes of several varieties, hawks and armadillos. Palm Bay Colony is a safe neighborhood for evening walks or biking, and enjoying the advantages of year-round nearly perfect Florida weather. Residents pride themselves in being a socially active and friendly.