Living in Florida's Space Coast
Greenwood Plantation
Greenwood Plantation is one loop road off South Babcock Street with two entrances and nothing else. Plantation Circle SE carries every address, each on about an acre, all on private wells and septic. There is no homeowners association, no dues and no architectural review, which is why a 1987 ranch and a 5,800 square foot estate share the same pavement.
Greenwood Plantation In Palm Bay, Florida
Greenwood Plantation is a single loop road hung off South Babcock Street in the 32909 part of Palm Bay, between Grant Road and the St Johns Heritage Parkway interchange at I-95 exit 166. Plantation Circle SE is the only street in it, and it meets Babcock twice, so there are two ways in and out. Every parcel is about an acre, from 1.01 to 1.07, mostly cleared with scattered trees.
There is no homeowners association here. No dues, no board, no architectural review, no approval needed for a fence, a shed, a paint color or an outbuilding. That is the single most important thing to understand about this street, because it explains everything you see driving it. What one owner does with an acre is not constrained by what the neighbor would prefer, and there is no reserve fund and no shared amenity to fund.
The result is a housing stock with almost no consistency, and that is not a criticism. Construction dates run from 1987 through 2024. The smallest house is 1,631 square feet and the largest is 5,822, a Mediterranean styled residence with six bedrooms, six and a half baths, a marble staircase and an indoor waterfall. Garages run from two cars to four. Four of the six properties carry an in ground pool.
Every house is on a private well and a septic system. There is no municipal water line and no sewer on this stretch of Babcock Street. Budget for a water quality test, a well pump and pressure tank inspection and a septic and drain field evaluation as part of your due diligence. On an acre with irrigation, the sprinklers and the kitchen tap are drawing from the same well, which matters in a dry spring.
Typical pricing lands near $614,950 at roughly $197 a square foot, with the range running from $526,000 to $850,000. Property taxes are the line that catches people out. They run from about $3,577 up past $15,000 depending on what is standing on the acre, because the improvements here differ so widely. With no association dues to pay, the tax bill is effectively your entire fixed carrying cost.
Greenwood Plantation At A Glance
Greenwood Plantation in short, from the acre lots to the absent HOA.
| Detail | What you get |
|---|---|
| Detail | Value |
| Location | Plantation Circle SE off South Babcock Street between Grant Road and St Johns Heritage Parkway, Palm Bay 32909 |
| Built | 1987 through 2024, about 2002 typical |
| Home size | 1,631 to 5,822 square feet, about 3,163 typical |
| Bedrooms | Three to six, with two to seven baths |
| Lot size | 1.01 to 1.07 acres, roughly a full acre each |
| Construction | Concrete block and stucco on most, frame on others, shingle roofs |
| Association | None. No homeowners association, no dues, no architectural review |
| Utilities | Private well and septic tank, no city water or sewer |
| Pools | Four of the six properties have an in ground pool |
| Garage | Two to four car |
| Levels | Mostly one story, at least one two story with a balcony |
| Property taxes | Roughly $3,577 to $15,254 depending on the improvements, about $7,020 typical |
| Price range | $526,000 to $850,000, typical $614,950 |
| Price per square foot | Around $197 |
| Streets | Plantation Circle SE, with two entrances onto Babcock Street |
Greenwood Plantation Details
Nobody To Ask Permission From
No association means no architectural committee, no dues and no rules about what you park in the driveway or build in the back. If you want a workshop, an RV pad or a detached garage on your acre, county and city code are your only constraint. The flip side is that your neighbor has the same freedom.
One Acre, Every Address
Lot sizes here barely vary. Every parcel runs between 1.01 and 1.07 acres, which is a deliberate plat, not an accident of assembly. That gives the street a consistent rhythm of setbacks and driveways even though the houses themselves have nothing in common architecturally.
Two Entrances Onto Babcock
Plantation Circle touches South Babcock Street at both ends. Practically, that means you never have to drive the full loop to get out, and traffic is not funneled through one gate or one stop sign. It also means the houses nearest Babcock hear more road noise than the ones at the back of the arc.
Thirty Seven Years Of Building
The oldest house dates to 1987 and the newest to 2024. On the same road you will find a compact 1980s ranch, a 3,200 square foot two story from the early 2000s and a six bedroom estate approaching 6,000 square feet. Comparable pricing here requires real judgment rather than a per foot average.
Well And Septic, No Exceptions
There is no water main or sewer line serving this loop. Every property runs a private well and a septic system, so the inspection list is longer than it would be in a subdivision: water test, pump, pressure tank, tank condition and drain field. Factor eventual replacement costs into your offer.
Pools Are The Norm Here
Four of the six properties have an in ground pool, at least one of them screened. On an acre there is room for a real pool deck rather than the postage stamp arrangement you get on a subdivision lot, and with no association there is nobody to tell you what the cage can look like.
Homes For Sale In Greenwood Plantation
Whatever is currently available on Plantation Circle is shown below. Turnover here is low, so the list is often empty, and when something does come up the price spread between the small older houses and the large newer ones is enormous.
Greenwood Plantation Frequently Asked Questions
Is there an HOA in Greenwood Plantation?
No. There is no homeowners association, no annual dues, no board and no architectural review process. Your only restrictions are the recorded plat, any deed restrictions attached to the individual parcel, and City of Palm Bay code. Have your attorney pull the recorded documents for the specific lot so you know what does apply.
How big are the lots?
About an acre each, ranging from 1.01 to 1.07 acres. The plat is unusually consistent that way. Most parcels are cleared or lightly treed rather than heavily wooded, so you get useful yard rather than scrub, and there is room for a detached structure on most of them.
Is Greenwood Plantation on city water?
No. Every house uses a private well for water and a septic tank for waste. That is standard for this stretch of South Babcock Street. Plan on a water quality test, a well and pressure tank inspection and a full septic evaluation, and ask when the drain field was last serviced.
What is the price range?
Roughly $526,000 to $850,000, with a typical figure near $614,950 and about $197 a square foot. The spread reflects house size more than land, since every lot is essentially the same acre. The largest residence on the circle is more than three times the size of the smallest.
Why do the property taxes vary so much?
Because the houses do. Annual tax figures on this street run from around $3,577 to more than $15,000, tracking what has been built on each acre. Since there are no association dues at all, that tax number is essentially your whole fixed cost of ownership, so price it carefully.
Can I keep animals or build an outbuilding?
With no association in place, that comes down to City of Palm Bay zoning and code for the parcel rather than to a private covenant. Verify the zoning designation and any recorded deed restriction on the specific lot before you plan a barn, a workshop or livestock. Do not rely on what a neighbor has done.
How far is Greenwood Plantation from shopping?
Everything is a drive. The nearest full retail is north on Babcock Street toward Malabar Road, and the Bayside Lakes corridor is a further run west. I-95 is reached at the St Johns Heritage Parkway interchange, exit 166, a short distance south. That distance is the price of the acre.
Does the neighborhood have any water frontage?
No. None of the parcels on Plantation Circle front a lake, canal or creek. If waterfront on an acreage lot is what you are after, Lake Ridge just north off Grant Road has lakefront parcels, and there are options further south around the Sebastian River.
Plantation Circle SE, Palm Bay 32909
Greenwood Plantation sits in the far south end of Palm Bay along South Babcock Street, below Grant Road and a short distance north of where the St Johns Heritage Parkway meets Babcock near I-95 exit 166. Coming from the north you run Babcock south past Malabar Road for several miles. Coming from the interstate you take exit 166, head west on the parkway to Babcock and turn north for a little over a mile.
This is the rural edge of the city. The town line of Grant-Valkaria is close by to the south and east, and the character out here matches it: acreage, well water, long driveways and no sidewalks. Practically, that means I-95 is close but a supermarket is not. Melbourne is roughly half an hour north depending on Babcock traffic, and the ocean means driving east and over a causeway.
Near Greenwood Plantation In Merritt Island
Considering Greenwood Plantation?
An acre with no association is a different purchase than a subdivision house. The well, the septic, the recorded restrictions on that specific parcel and what the tax bill will actually be after homestead all matter more than the finishes. My partner Nichole and I know this stretch of South Babcock Street and can tell you what a Plantation Circle acre is really worth. Call or text (321) 212-7676.
