At $365K for a brand-new 2026 build on a small 0.15-acre lot, you're paying a premium over entry-level Palm Bay inventory but getting modern construction and no HOA—a solid middle-ground position if you want new without waterfront prices. The $205/sqft is reasonable for new construction in the area, though the tight lot size means limited outdoor space and potential for closer neighbor proximity in St. Johns Preserve, so make sure the layout and setbacks work for your lifestyle. Given Palm Bay's organized growth pattern, this newer subdivision should hold value reasonably well, but weigh whether the extra $60–80K over an older 3-bed in established neighborhoods justifies the newness and potential for fewer mature trees and established community feel.

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